Ambev (ABEV) 20-F 22 Mar 21 2020 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2020shares
Document Information [Line Items]
Entity Registrant Name	AMBEV S.A.
Entity Central Index Key	0001565025
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)	15,729,953,382
Entity Shell Company	false
Document Type	20-F
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false

Consolidated Income Statements

Consolidated Income Statements - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	[1]	Dec. 31, 2018
Statement Line Items [Line Items]
Net sales		R$ 58379.0	R$ 52005.1	[2]	R$ 50231.3
Cost of sales		(27,066.1)	(21,678.2)	[2]	(19,249.4)
Gross profit		31,312.9	30,326.9	[2]	30,981.9
Distribution expenses		(8,245)	(6,951.4)	[2]	(6,607.2)
Sales and marketing expenses		(6,374.6)	(5,696.1)	[2]	(5,721.3)
Administrative expenses		(2,948.5)	(2,680)	[2]	(2,363.4)
Other operating income/(expenses), net		2,679.4	1,472.7	[2],[3]	947.3
Result from shareholding exchange transaction(i)	[4]				30
Restructuring	[5]	(146.5)	(101.8)		(175.5)
Costs arising from business combinations		(18.2)
Result on sales of subsidiaries (iii)	[6]				78.6
Acquisitions of subsidiaries					(1.5)
Effects of the application of IAS 29 (hyperinflation)		(9.3)	(5.3)		(18)
State amnesties (iv)	[7]		(290.1)
Impacts of COVID-19 (v)	[8]	(263.2)
Stella recall		(14.8)
Income from operations		15,972.2	16,074.9	[2]	17,150.9
Finance expenses		(5,430.5)	(4,748.4)		(4,684.2)
Finance income		2,996	1,638.9		653.9
Net finance result		(2,434.5)	(3,109.5)	[2]	(4,030.3)
Share of results of joint ventures		(43.3)	(22.3)	[2]	1
Income before income tax		13,494.4	12,943.1	[2]	13,121.6
Income tax expense		(1,762.5)	(754.7)	[2]	(1,773.9)
Net income		11,731.9	12,188.4	[2]	11,347.7
Attributable to:
Equity holders of Ambev		11,379.4	11,780		10,995
Non-controlling interest		R$ 352.5	R$ 408.4		R$ 352.7
Basic earnings per share - common - R$ (in BRL per share)	[9]	R$ 0.7233	R$ 0.749		R$ 0.6995
Diluted earnings per share - common - R$ (in BRL per share)	[9]	R$ 0.7171	R$ 0.7423		R$ 0.6934
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.
[4]	As described in Note 1(b) Perpetual licensing agreement with Quilmes.
[5]	The restructuring expenses recognized refer mainly to the realignment of the structures and processes in the Latin America geographical segment, CAC and Brazil.
[6]	As described in Note 1(b) Sale of subsidiaries.
[7]	The payment by Ambev of the Amnesty in the State of Mato Grosso is required by the Brazilian government for in order to continue to receive tax incentives, according to Complementary Law No. 160/17, regulated by the complementary law of the State of Mato Grosso No. 631/19.
[8]	COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of our people (increased frequency of cleaning at our facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.
[9]	Expressed in Brazilian Reais.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Net income	R$ 11731.9	R$ 12188.4	[1],[2]	R$ 11347.7
Items that will not be reclassified to profit or loss:
Recognition of actuarial gains/(losses)	(258)	(106.3)		25.7
Exchange differences on the translation of foreign operations (gains/(losses))
Investment hedge on foreign operations	(3.1)			(130.8)
Investment hedge - put option granted on subsidiaries	(371.7)	25.2		(85.5)
Gains/losses on translation of other foreign operations	8,061	(547.7)		1,982.9
Gains/losses on translation of foreign operations	7,686.2	(522.5)		1,766.6
Cash flow hedge - gains/(losses)
Recognized in Equity (Hedge reserve)	1,837.9	788.1		1,747.2
Reclassified from Equity (Hedge reserve) and included in profit or loss	(1,736.5)	(919.3)		(1,253.5)
Total cash flow hedge	101.4	(131.2)		493.7
Other comprehensive (loss)/income	7,529.6	(760)		2,286
Total comprehensive income	19,261.5	11,428.4		13,633.7
Attributable to
Equity holders of Ambev	18,719.6	11,037.2		13,159.4
Non-controlling interest	R$ 541.9	R$ 391.2		R$ 474.3
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.

Consolidated Balance Sheets

Consolidated Balance Sheets - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Property, plant and equipment	R$ 24768.4	R$ 22576.3
Goodwill	40,023.5	35,009.9
Intangible	7,580.6	6,306.4
Investments in joint ventures	337.4	303.4
Investment securities	213.9	163.6
Deferred tax assets	4,560.8	2,950.1
Employee benefits	33.6	56.2
Derivative financial instruments	3.4	1.2
Income tax and social contributions recoverable	4,495	4,331.9
Recoverable taxes	5,695.8	671.1
Other assets	2,141.6	1,751.7
Non-current assets	89,854	74,121.8
Investment securities	1,700	14.6
Inventories	7,605.9	5,978.6
Trade receivable	4,303.1	4,495.5
Derivative financial instruments	505.9	172.1
Income tax and social contributions recoverable	1,759.2	1,831.4
Recoverable taxes	1,527.9	2,242.7
Other assets	850	985.5
Cash and cash equivalents	17,090.3	11,900.7
Current assets	35,342.3	27,621.1
Total assets	125,196.3	101,742.9
Issued capital	57,899.1	57,866.8
Reserves	80,905.6	75,685.7
Carrying value adjustments	(64,989)	(72,274.5)
Equity attributable to the equity holders of Ambev	73,815.7	61,278
Non-controlling interests	1,335.5	1,278
Total equity	75,151.2	62,556
Interest-bearing loans and borrowings	2,053.5	2,409.7
Employee benefits	3,544	2,704.5
Derivative financial instruments		0.1
Deferred tax assets	3,043.4	2,371.1
Income tax and social contribution payable	1,912.6	2,219.5
Taxes and contributions payable	684.3	645.2
Trade payables	655.8	309.5
Provisions	447.1	371
Put option granted on subsidiaries and other liabilities	4,226.6	3,145.3
Non-current liabilities	16,567.3	14,175.9
Interest-bearing loans and borrowings	2,738.8	653.1
Wages and salaries	925.5	833
Dividends and interest on shareholders’ equity payable	2,454.7	956.6
Derivative financial instruments	329.8	355.3
Income tax and social contribution payable	1,167.3	1,394.2
Taxes and contributions payable	4,549.5	4,108.5
Trade payables	19,339.2	15,069.6
Provisions	124.9	110
Other liabilities	1,848.1	1,530.7
Current liabilities	33,477.8	25,011
Total liabilities	50,045.1	39,186.9
Total equity and liabilities	R$ 125196.3	R$ 101742.9

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - BRL (R$) R$ in Millions		Issued capital [member]		Capital reserve [member]	Net income reserves [member]	Retained earnings [member]	Carrying value adjustments [member]	Equity attributable to owners of parent [member]	Non-controlling interests [member]	Total
Balance at Dec. 31, 2017		R$ 57614.1		R$ 54701.0	R$ 8597.2	R$ 355.4	R$ 74966.6	R$ 45590.3	R$ 1973.9	R$ 47564.2
Statement Line Items [Line Items]
Net Income						10,995		10,995	352.7	11,347.7
Gains/(losses) on translation of foreign operations							1,643.7	1,643.7	122.9	1,766.6
Cash flow hedges							495.9	495.9	(2.2)	493.7
Actuarial gains/(losses)							24.8	24.8	0.9	25.7
Total comprehensive income						10,995	2,164.4	13,159.4	474.3	13,633.7
Capital increase		96.1		(89.9)				6.2	96.9	103.1
Effect of application of IAS 29 (hyperinflation)	[1]			(8.2)		3,544.1	258.2	3,794.1	(2.4)	3,791.7
Gains/(losses) on controlling interest	[2]						1,042.5	1,042.5	(1,088.5)	(46)
Tax on deemed dividends							(7.4)	(7.4)		(7.4)
Dividends paid						(2,515.1)		(2,515.1)	(247.4)	(2,762.5)
Interest on shareholders’ equity						(5,030.5)		(5,030.5)		(5,030.5)
Purchase of shares and result from treasury shares				12.3				12.3		12.3
Share-based payments				166.1				166.1		166.1
Prescribed/(complement) dividends						30.1		30.1		30.1
Reversal effects of revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)						75.9	(75.9)
Fiscal incentive reserve					1,331.5	(1,331.5)
Investments reserve					5,412.6	(5,412.6)
Balance at Dec. 31, 2018		57,710.2		54,781.3	15,341.3		(71,584.8)	56,248	1,206.8	57,454.8
Statement Line Items [Line Items]
Net Income						11,780		11,780	408.4	12,188.4	[3],[4]
Gains/(losses) on translation of foreign operations							(505.8)	(505.8)	(16.7)	(522.5)
Cash flow hedges							(132.2)	(132.2)	1	(131.2)
Actuarial gains/(losses)							(104.8)	(104.8)	(1.5)	(106.3)
Total comprehensive income						11,780	(742.8)	11,037.2	391.2	11,428.4
Capital increase		156.6	[5]	(143.8)				12.8		12.8
Effect of application of IAS 29 (hyperinflation)	[1]					1,430.3		1,430.3	(2.8)	1,427.5
Gains/(losses) on controlling interest							(0.5)	(0.5)	78.8	78.3
Tax on deemed dividends							(4.6)	(4.6)		(4.6)
Dividends paid									(396)	(396)
Interest on shareholders’ equity						(7,717.4)		(7,717.4)		(7,717.4)
Purchase of shares and result from treasury shares				(28.9)				(28.9)		(28.9)
Share-based payments				202.9				202.9		202.9
Prescribed/(complement) dividends						28.2		28.2		28.2
Reversal effects of revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)						11.8	(11.8)
Fiscal incentive reserve					1,352.1	(1,352.1)
Investments reserve					4,180.8	(4,180.8)
Options granted on subsidiaries							70	70		70
Balance at Dec. 31, 2019		57,866.8	[6]	54,811.5	20,874.2		(72,274.5)	61,278	1,278	62,556
Statement Line Items [Line Items]
Net Income						11,379.4		11,379.4	352.5	11,731.9
Gains/(losses) on translation of foreign operations							7,493.1	7,493.1	193.1	7,686.2
Cash flow hedges							99.4	99.4	2	101.4
Actuarial gains/(losses)							(252.3)	(252.3)	(5.7)	(258)
Total comprehensive income						11,379.4	7,340.2	18,719.6	541.9	19,261.5
Capital increase		32.3	[5]	(32.3)
Effect of application of IAS 29 (hyperinflation)	[1]					1,344.9		1,344.9	(2.5)	1,342.4
Gains/(losses) on controlling interest							0.4	0.4	0.5	0.9
Tax on deemed dividends							(5.9)	(5.9)		(5.9)
Dividends paid						(1,206.9)		(1,206.9)	(482.4)	(1,689.3)
Interest on shareholders’ equity						(6,509.5)		(6,509.5)		(6,509.5)
Purchase of shares and result from treasury shares				13.5				13.5		13.5
Share-based payments				192.9				192.9		192.9
Prescribed/(complement) dividends						26.1		26.1		26.1
Reversal effects of revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)						11.8	(11.8)
Fiscal incentive reserve					1,332.8	(1,332.8)
Investments reserve					3,713	(3,713)
Options granted on subsidiaries							(37.4)	(37.4)		(37.4)
Balance at Dec. 31, 2020		R$ 57899.1	[6]	R$ 54985.6	R$ 25920.0		R$ 64989.0	R$ 73815.7	R$ 1335.5	R$ 75151.2
[1]	As described in Note 1 (b) Application of inflation accounting and Financial Reporting in Hyperinflationary Economies.
[2]	Of this amount, R$1,035.2 refers to the renegotiation of the shareholders' agreement from Tenedora to acquire 30% of the issued capital as at January 18, 2018.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.
[4]	2019 restated to reflect the change in accounting policy, as Note 3.
[5]	Capital increase related to the issue of shares.
[6]	The capital stock is totally subscribed and paid up.

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Net Income	R$ 11731900	R$ 12188400	[1],[2]	R$ 11347700
Depreciation, amortization and impairment	5,167,400	4,675,200		4,448,400
Impairment losses on receivables and inventory	296,100	149,300		125,600
Additions to/(reversals of) provisions and employee benefits	239,700	507,700		171,700
Net finance costs	2,434,500	3,109,500		4,030,300
Losses/(gains) on sale of property, plant and equipment and intangible assets	(78,800)	(73,900)		29,800
Losses/(gains) on sale of operations in subsidiaries				(80,200)
Equity-settled share-based payment expenses	208,700	205,700		161,000
Income tax expense	1,762,500	754,700		1,773,900
Share of result of joint ventures	43,300	22,300	[1],[2]	(1,000)
Other non-cash items included in profit	(1,769,900)	(1,080,700)		(1,239,200)
Cash flow from operating activities before changes in working capital and use of provisions	20,035,400	20,458,200		20,768,000
(Increase)/decrease in trade and other receivables	(848,800)	(721,900)		(149,200)
(Increase)/decrease in inventory	(1,303,400)	(844,100)		(1,167,100)
Increase/(decrease) in trade and other payables	3,049,800	1,382,000		869,800
Cash generated from operations	20,933,000	20,274,200		20,321,500
Interest paid	(768,800)	(405,100)		(773,800)
Interest received	320,300	543,300		500,400
Dividends received	13,800	4,200		9,300
Income tax paid	(1,642,500)	(2,035,300)		(1,711,300)
Cash flow from operating activities	18,855,800	18,381,300		18,346,100
Proceeds from sales of property, plant and equipment and intangible assets	108,000	190,800		102,400
Proceeds from sales of subsidiaries operations		205,400
Acquisitions of property, plant and equipment and intangible assets	(4,692,700)	(5,069,400)		(3,571,000)
Acquisitions of subsidiaries, net of cash acquired	(431,500)	(98,100)		(133,400)
Acquisitions of other investments	(19,100)	(62,100)		(8,500)
Investments in short term debt securities and net proceeds/(acquisitions) of debt securities	(1,764,300)	(8,100)		(16,100)
Net proceeds/(acquisitions) of other assets		2,900		(49,100)
Cash flow from investing activities	(6,799,600)	(4,838,600)		(3,675,700)
Capital increase		12,800		6,200
Capital increase of non-controlling interest	700	(26,700)
Proceeds/(repurchases) of treasury shares	(7,400)	(32,100)		7,300
Acquisitions of non-controlling interests		(500)		(3,060,600)
Proceeds from borrowings	3,767,900	946,100		2,304,900
Repayment of borrowings	(2,042,900)	(2,352,700)		(2,499,000)
Cash net of finance costs other than interests	(2,971,500)	(2,421,900)		(1,153,200)
Payment of lease liabilities	(498,500)	(537,200)		(448,000)
Dividends and interest on shareholders equity paid	(6,850,300)	(7,871,300)		(8,814,100)
Cash flow from financing activities	(8,602,000)	(12,283,500)		(13,656,500)
Net increase/(decrease) in cash and cash equivalents	3,454,200	1,259,200		1,013,900
Cash and cash equivalents less bank overdrafts at the beginning of the year	11,900,700	11,463,500		10,352,700
Effect of exchange rate fluctuations on cash and cash equivalents	1,735,400	(822,000)		96,900
Cash and cash equivalents less bank overdrafts at the end of the year	R$ 17090300	R$ 11900700		R$ 11463500
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 1 - Corporate Information

Note 1 - Corporate Information	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Description of corporate information [text block]	1. CORPORATE INFORMATION (a) Description of business Ambev S.A. (referred to as the “Company” or “Ambev”) together with its subsidiaries (the “Group” or “Consolidated”), headquartered in São Paulo - SP, Brazil, has as its purpose, either directly or through participation in other companies, the production and sale of beer, draft beer, soft drinks, other non-alcoholic beverages, malt and food in general, as well as the advertising of its own and of third The Company's shares and American Depositary Receipts (“ADRs”) are listed on the Brasil, Bolsa, Balcão S.A. ( “B3” “ABEV3” The Company's direct controlling shareholders are Interbrew International B.V. (“IIBV”), AmBrew S.à.r.l (“Ambrew”), both of which are subsidiaries of Anheuser-Busch InBev N.V. (“AB InBev”) and Fundação Antonio e Helena Zerrenner Instituição Nacional de Beneficência (“Fundação Zerrenner”). The financial statements were approved, in their final form, by the Board of Directors on March 16, 2021. (b) Major corporate events in 2020, 2019 2018 COVID- 19 The outbreak of the novel coronavirus (SARS-CoV- 2 19” 19 The impact of the pandemic on our operations and the restrictions imposed in response by national governments, especially since March 2020, During the fourth 2020, may no As required by IAS 1 19, December 31, 2020, 14 Goodwill Any impacts arising from these analyses are reflected in the financial statements and Explanatory Notes. In addition, due to the protective actions taken for our staff and the donations made by our community, the Company incurred exceptional expenses of R$263.2, December 31, 2020, 8 Exceptional items. Renegotiation of Tenedora's shareholders agreement The Company and E. León Jimenes, S.A. (“ELJ”), as the shareholders of Tenedora CND, S.A. (“Tenedora”), a holding company headquartered in the Dominican Republic, the owner of almost the entire share capital of Cervecería Nacional Dominicana, S.A., on July 2, 2020, second 15% two 12.11% 2022, 2023 2024; 2.89% 2026. 2021 2029. 28 Distribution agreement Cervecería Chile S.A. On August 16, 2020, Addendum to the agreement with PepsiCo Bolivia The long-term agreement with PepsiCo, under which the Cervecería Boliviana Nacional, a subsidiary of the Company in Bolivia, has the exclusive right to produce, sell and distribute certain brands from PepsiCo's portfolio in Bolivia, was amended in June 1, 2020, ten New acquisitions On January 22, 2020, Red Bull distribution contract On November 7, 2019, Information Released by the Press In the third 2019, August 9, 2019, not The Company reaffirms its commitment to conducting business in a legal and ethical manner, and states that it will continue to monitor this matter and respond as appropriate to any requests from the authorities. Exchange contracts for future financial flows - Equity Swaps On December 19, 2019, 18 80 may R$1.5 On May 13, 2020, 18 may 65 may R$1.0 On December 9, 2020, 18 may 80 may R$1.2 December 19, 2019 May 13, 2020, not may 137,014,453 may Addendum to the Agreement with PepsiCo The long-term agreement with PepsiCo, under which the Company has the exclusive right to bottle, sell and distribute certain brands from PepsiCo's portfolio of soft drinks in Brazil, including Pepsi Cola, Gatorade, H2OH! October 2018 December 2018 January 1 st 2019. December 31, 2027. Application of standards regarding accounting and financial reporting in hyperinflationary economies In July 2018, three 100%, 29 January 1, 2018 ( Under IAS 29, The financial statements of entities whose functional currency is the currency of a hyperinflationary economy, whether based on a historical costs approach or a current costs approach, shall be stated in terms of the unit of measurement which is current at the end of the reporting period, and will be converted into the Brazilian Real at the closing exchange rate for the period. Consequently, the company has applied hyperinflation accounting for its Argentinean subsidiaries in these consolidated financial statements by applying the IAS 29 • Hyperinflationary accounting was applied from January 1, 2018 ( 4 29, • Non-monetary assets and liabilities stated at historical cost (e.g. property, plant and equipment, intangible assets, goodwill, etc), and the equity of subsidiaries in Argentina were restated using an inflation index. The impacts of hyperinflation resulting from changes in the general purchasing power up to December 31, 2017 January 1, 2018 11 Finance expenses and income 3 29 no 539/18 January 1, 2017 December 31, 2016 The income statements for 2017, first second 2018 not 42 21, not Sale of subsidiary On June 8, 2018, US$53 R$179 US$22 R$75 R$79 December 31, 2018, Perpetual licensing agreement with Quilmes In September 2017, US$50 May 2, 2018, April 27, 2018 306 R$50 R$30 December 31, 2018)

Note 2 - Statement of Complianc

Note 2 - Statement of Compliance	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Statement of IFRS compliance [text block]	2. STATEMENT OF COMPLIANCE The consolidated financial statements have been prepared using the going concern basis of accounting and are being presented in accordance with the International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”), effective from December 31, 2020

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policy	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of significant accounting policies [text block]	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES There were no December 31, 2020 December 31, 2019 2018, Change in accounting policies for the recognition of extemporaneous tax credits and debits The accounting policy for the recognition of extemporaneous (related to previous periods) tax credits and debits considered the account origin of the credit or debit up to September 30, 2020. third 2020, In the third 2020 1990 2009 2015 2015 The Company changed its accounting policy to one no not not one 8. As determined by IAS 8, October 1, 2020 2019 The balances for the year ended December 31, 2018, not 2019 Originally Adjustment (i) Restated Submitted Net sales 52,599.7 (594.6 ) 52,005.1 Cost of sales (21,678.2 ) - (21,678.2 ) Gross profit 30,921.5 (594.6 ) 30,326.9 Other items, not restated (15,724.7 ) - (15,724.7 ) Other operating income/(expenses), net 878.1 594.6 1,472.7 Income from operations 16,074.9 - 16,074.9 Finance expenses (4,748.4 ) - (4,748.4 ) Finance income 1,638.9 - 1,638.9 Net finance result (3,109.5 ) - (3,109.5 ) Share of result of joint ventures (22.3 ) - (22.3 ) Income before income tax 12,943.1 - 12,943.1 Income tax expense (754.7 ) - (754.7 ) Net income 12,188.4 - 12,188.4 Attributable to: Equity holders of Ambev 11,780.0 - 11,780.0 Non-controlling interests 408.4 - 408.4 Basic earnings per share - common - R$ 0.7490 - 0.7490 Diluted earnings per share - common - R$ 0.7423 - 0.7423 (i) The amount recognized during 2019 212.5 third 382.1 fourth (a) Basis of preparation and measurement The financial statements are presented in millions of Brazilian Reais (“R$”), unless otherwise indicated, rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable value, fair value or recoverable amount. (b) Recently issued IFRS There were no December 31, 2020 Other Standards, Interpretations and Amendments to Standards There are no not (c) Consolidated financial statements The financial statements of subsidiaries, joint arrangements and associates used in its consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent accounting policy. All intercompany transactions, balances and unrealized gains or losses on transactions between group companies have been eliminated. Subsidiaries The Company controls an entity when it is exposed to or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly or indirectly, more than half of the voting rights (which does not not Subsidiaries are consolidated from the date on which control is obtained by the Company, except when the predecessor basis of accounting is applied to transfers of common control. Consolidation is discontinued from the date on which control ceases. Ambev uses the purchase method to account for its business combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the liabilities incurred, and the equity interest issued by Ambev. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired/assumed in a business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling interest in the acquiree, either at its fair value or at the non-controlling interest's proportional share of the net assets acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition. The excess of: (i) the consideration paid; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized directly in income. All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no Joint arrangements Joint arrangements are all entities over which the Company shares control with one Business combination between entities under common control Business combinations between entities under common control have not 3 i) Predecessor basis of accounting In accordance with IAS 8, Under the predecessor basis of accounting, when accounting for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer) shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments. ii) Assets Swap For transactions between entities under common control that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 may not not Whenever assets distributed are not 17, (d) Foreign currency translation Functional and presentation currency The items included in the financial statements of each subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional and presentation currency of the Company financial statements is the Brazilian Real. Transactions and balances Foreign currency transactions are accounted for at the exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign currencies are recognized in the income statement. Foreign exchange gains and losses related to loans and cash and cash equivalents are presented in the statement of income as finance expenses or finance income. Conversion of the financial statements of subsidiaries located abroad Assets and liabilities of subsidiaries located abroad are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded directly in Carrying value adjustments. Upon consolidation, exchange differences arising from the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized in Carrying value adjustments, an equity reserve, and included in Other comprehensive income. The goodwill and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and are translated at the closing rate. Net investments in foreign operations An entity may not Financial reporting in hyperinflationary economies Under IAS 29, Exchange rates The most significant exchange rates used for the preparation of the Company's financial statements are as follow: Closing rate Average rate Currency Name Country 2020 2019 2018 2020 2019 2018 CAD Canadian Dollar Canada 4.0791 3.1019 2.8431 3.8119 2.9651 2.8092 DOP Dominican Peso Dominican Republic 0.0891 0.0761 0.0770 0.0907 0.0769 0.0734 USD US Dollar Panamá and Cuba (i) 5.1967 4.0307 3.8748 5.1331 3.9410 3.6348 GTQ Quetzal Guatemala 0.6700 0.5245 0.5001 0.6641 0.5120 0.4837 ARS Argentinean Peso Argentina 0.0618 0.0673 0.1025 0.0736 0.0835 0.1371 BOB Bolivian Peso Bolivia 0.7467 0.5791 0.5567 0.7375 0.5666 0.5222 PYG Guarani Paraguay 0.0007 0.0006 0.0007 0.0008 0.0006 0.0006 UYU Uruguayan Peso Uruguay 0.1227 0.1080 0.1196 0.1242 0.1118 0.1181 CLP Chilean Peso Chile 0.0073 0.0054 0.0056 0.0065 0.0056 0.0057 BBD Barbadian Dollar Barbados 2.5618 1.9870 1.9101 2.5304 1.9427 1.7918 (i) The functional currency of Cuba, the Cuban Convertible Peso (“CUC”), has a fixed parity with the US Dollar (“USD”) at the balance sheet date. (e) Segment reporting Reportable segments are identified based on the internal reporting regularly reviewed by the chief operating decision maker of the Company for the purpose of evaluating the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions. The Company's management structure and the information reported to the chief decision are structured on the same basis. Performance information by business unit (Beer and Non-alcoholic beverages (“NAB”)), is also presented to the Company's chief decision maker and is disclosed as additional information, even though it does not 5 - Segment reporting Effective from January 1, 2019, no December 31, 2019 2020 four ▪ Brazil, where we operate two ▪ Central America and Caribbean (“CAC”), which includes our direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador, Nicaragua and Honduras), Barbados and Panama; ▪ Latin America South (LAS), which includes our operations in Argentina, Bolivia, Chile, Paraguay and Uruguay; and ▪ Canada, represented by the operations of Labatt Brewing. (f) Revenue recognition The Company recognizes revenue when the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described below. Revenue represents the fair value of the amount received or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes, returns, rebates and discounts, as well as net of the elimination of sales between group companies. Goods sold The company recognizes revenue when its performance obligations have been satisfied, meaning when the Company transfers control of a product to a customer. Specifically, revenue recognition is based on the following five · Identification of the contract with a customer; · Identification of the performance obligations in the contract; · Determination of the transaction price; · Allocation of the transaction price to the performance obligations in the contracts; and · Revenue recognition when the performance obligations have been satisfied, meaning when the company transfers control of a product to a customer. Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These trade incentives are treated as variable consideration. If the consideration includes a variable component, the company estimates the amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not Finance income Finance income consists of interest received or receivable on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended for offsetting currency losses, gains on hedging instruments that are not Interest income is recognized on an accruals basis unless collectability is in doubt. (g) Expenses Finance expenses Finance expenses are comprised of interest payable on borrowing, calculated using the effective interest rate method, foreign exchange losses, losses on currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging instruments that are not All interest costs incurred in connection with borrowing or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component of finance lease payments is also recognized in the income statement using the effective interest rate method. Royalty expenses Royalties are classified as cost of goods sold. (h) Exceptional items Exceptional items are those that in Management's judgment need to be disclosed separately. In determining whether an event or transaction is special, Management considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial statements. Transactions that may (i) Income tax and social contribution The income tax and social contribution for the year are comprised of the current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized directly in comprehensive income or in other equity accounts. In these cases, the tax effects are also recognized directly in comprehensive income or in equity accounts (except for interest on shareholders' equity. See Note 3 The current tax expense represents the expectation of the payment of tax on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to tax payable in relation to previous years. Deferred taxes are recognized using the balance sheet liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences between the tax and accounting bases of assets and liabilities. Under this method, a provision for deferred taxes is also calculated based on the differences between the fair values of assets and liabilities acquired in a business combination and their tax basis. IAS 12 no no not Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and where these relate to income taxes levied by the same tax authority on the same taxable entity, or to different taxable entities which intend either to settle their current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. Deferred tax assets are recognized only to the extent that it is likely that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no (j) Property, plant and equipment Property, plant and equipment are measured at cost less accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, on an annual basis. Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Land is not Property, plant and equipment, and depreciation include the effects of using the predecessor basis of accounting (Note 3 Subsequent expenditures The Company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing a component of such an item if it is probable that the -future economic benefits in the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred. Depreciation The depreciable amount is the cost of an asset less its residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated over the term of each contract. The estimated useful lives of the major classes of property, plant and equipment are as follow: Buildings (years) 25 Plant and equipment (years) 15 Fixtures (years) 10 Fittings (years) 10 Assets for external use / commercial assets (years) 2 - 5 The assets' residual values and useful lives are reviewed at least annually. Management uses judgment to assess and ascertain the useful lives of these assets. Gains and losses on sale Gains and losses on sales are determined by comparing the results with the carrying amounts and are recognized in Other operating income/(expenses) in the income statement. Leases Up to December 31, 2018, IFRS 16 Leases are recognized as a right-of-use asset and a corresponding liability at the date on which the leased asset becomes available for use by Company. Each lease payment is allocated between the liability and the finance expenses. Finance expenses are recognized in the statement of income over the lease period. Right-of-use assets are depreciated over the shorter of the asset's useful life and the lease term, on a straight-line basis. Assets and liabilities arising from a lease are initially measured at present value and when measuring lease liabilities, the Company discounted lease payments using incremental borrowing rates. Payments associated with short-term leases and all leases of low-value assets are recognized on a straight-line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 US$5,000 (k) Goodwill Goodwill arises on acquisitions of subsidiaries, associates, and joint arrangements. Goodwill is determined as the excess of: (i) the consideration paid; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired as at the date of acquisition. All business combinations are accounted for using the purchase method. In compliance with IFRS 3 not not Goodwill is expressed in the functional currency of the CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate. For associates and joint ventures, goodwill is included in the carrying amount of the investment in the associate/joint venture. If the Company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess is recognized immediately in the income statement. Expenditure on internally generated goodwill is expensed as it is incurred. Goodwill includes the effects of applying the predecessor basis of accounting (Note 3 (l) Intangible assets Brands When a portion of the consideration paid in a business combination relates to brands, this is recognized in a specific Intangible Assets account, and measured at their fair values as at the acquisition date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development is recognized within expenses. Software Purchased software is measured at cost less accumulated amortization. Amortization related to software is included in the cost of sales, distribution and sales expenses, marketing expenses or administrative expenses, based on the business activity which the software is intended to support. Other intangible assets Other intangible assets acquired by the Company are stated at their acquisition cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the Company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization Intangible assets with definite useful lives are amortized on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for which the rights exist. Brands are considered to have indefinite lives, and therefore, are not 3 5 Items that are not (m) Recognition of assets and liabilities relating to extemporaneous tax debits or credits The accounting policy applied by the Company considers the extemporaneous tax credits and debits of any nature as determined by IAS 37 Credits are recognized only when management has elements that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the amounts are not 30 Contingencies Debits are recognized only when (i) these are based on a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot be sufficient reliably measured, the amounts are presented in Note 30 Contingencies Contingent assets and liabilities are assessed periodically to ensure that they are appropriately reflected and disclosed in the financial statements. From October 1, 2020, one (n) Inventory Inventory is initially recorded at the acquisition cost and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the inventory and bring it to the location and condition required for use. The weighted average method is used to determine the cost of inventory. The cost of finished products and work in progress includes raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and an allocation of fixed and variable overheads based on the normal operating capacity, we highlight that fixed costs not not 2. The amount of inventory is reduced on a case-by-case basis if the anticipated net realizable value declines below the carrying amount. The calculation of the net realizable value takes into consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators of slow-moving inventory, amongst others. (o) Trade receivables Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds trade and receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost using the effective interest rate method. The Company applies the IFRS 9 12 90 Other receivables are mainly composed of loans to customers, cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. (p) Cash and cash equivalents Cash and cash equivalents include all cash balances, bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value, and For the purpose of the cash flow statement, cash and cash equivalents are presented net of bank overdrafts, when applicable. (q) Equity Issued capital The Company's issued capital consists only of common shares. Repurchase of shares When the Company repurchases its own shares, the amount paid, including any directly attributable additional costs are recognized as deductions from equity attributable to shareholders, in the line item “Treasury shares”. Share issuance costs Incremental costs directly attributable to the issuance of new shares or options are presented in equity as a deduction, net of tax, from the proceeds. Dividends and interest on shareholder's equity Dividends and interest on shareholders' equity are recognized in liabilities from the date on which they are approved by a Board of Directors' Meeting, except for the minimum statutory dividends provided for under the Company's bylaws, which are recognized as a liability, when applicable, at the end of each fiscal year. The interest expense attributable to capital to shareholders is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and are subsequently reclassified from shareholders' equity for presentation purposes in the financial statements. (r) Interest-bearing loans and borrowings Interest-bearing loans and borrowing are recognized initially at fair value less attributable transaction costs. Subsequently to their initial recognition, interest-bearing loans and borrowing are stated at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected life of the instrument on an effective interest rate basis. Borrowing costs directly related to the acquisition, construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale, are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in which they are incurred. (s) Employee benefits Post-employment benefits Post-employment benefits include pensions managed in Brazil by Instituto Ambev de Previdência Privada (“IAPP”), post-employment dental benefits and post-employment medical benefits managed by Fundação Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants, considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations are funded using the returns on the assets of the Fundação Zerrenner plan. If necessary, the Company may The Company manages defined benefit and/or defined contribution plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada. The Company maintains both funded and unfunded plans. r.1 A defined contribution plan is a pension plan under which the Company pays fixed contributions into a fund. The Company has no not The contributions to these plans are recognized as expenses in the period during which they are incurred. r.2 Typically, defined benefit plans define an amount of pension benefit that an employee will receive upon retirement, usually dependent on one For defined benefit plans, expenses are assessed separately for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent to the government´s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan assets. Past service costs arise from the introduction of a new plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon the employee's continued employment, for a specific period of time (the period in which the rights are acquired). In such cases, past services costs are amortized using the straight-line method over the period during which the rights were acquired. Actuarial gains and losses consist of the effects of differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial gains and losses are fully recognized in Carrying value adjustments. Remeasurements, representing actuarial gains and losses, the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which they occur in the statement of comprehensive income. Remeasurements are not When the amount of the defined benefit obligation is negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available to the Company either from refunds or reductions in future contributions. Other post-employment obligations The Company and some of its subsidiaries provide post-employment medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not Termination benefits Termination benefits are recognized as expenses at the earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring. Bonuses Bonuses granted to employees and managers are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period during which the bonus is earned. (t) Share-based payments Different share and share option programs allow management and other members appointed by the Board of Directors to acquire shares in the Company. The fair value of the share options is estimated at the grant date, using an option pricing model. Based on the expected number of options

Note 4 - Use of Estimates and J

Note 4 - Use of Estimates and Judgments	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of accounting judgements and estimates [text block]	4. USE OF ESTIMATES AND JUDGMENTS The preparation of financial statements in compliance with IFRS requires Management to make use of judgments, estimates and assumptions that affect the application of accounting practices and the reported amounts of assets and liabilities, income and expenses. The estimates and assumptions are based on past experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for decision-making regarding judgments regarding the carrying amounts of assets and liabilities that are not may The estimates and assumptions are reviewed on a regular basis. Changes in accounting estimates may Although each significant accounting policy reflects judgments, assessments or estimates, the Company believes that the following accounting practices reflect the most critical judgments, estimates and assumptions that are important to its business operations and the understanding of its results: (i) Predecessor basis of accounting (Note 3 (ii) Business combinations (Note 3 (iii) Impairment (Note 3 x (iv) Provisions (Note 3 (v) Share-based payments (Note 3 (vi) Employee benefits (Note 3 (vii) Current and deferred tax (Note 3 (viii) Joint arrangements (Note 3 (ix) Measurement of financial instruments, including derivatives (Note 3 ( x 3 (xi) Accounting and financial reporting in hyperinflationary economies (Note 3 (xii) Leases (Note 3 The fair values of acquired identifiable intangibles with indefinite useful lives are based on an assessment of future cash flow. Impairment analyses of goodwill and intangible assets with indefinite useful lives are performed at least annually, or whenever a triggering event occurs, to determine whether the carrying value exceeds the recoverable amount. The Company uses its judgment to chose between a variety of methods including the net fair value of expenses approach and option valuation models and makes assumptions about the fair value of financial instruments mainly based on the market conditions at each balance sheet date. Actuarial assumptions regarding future events are used for the calculation of projected pension and other long-term employee benefit expenses and liabilities. These factors include assumptions regarding interest rates, rates of increase in healthcare costs, rates of future compensation increases, turnover rates, and life expectancy. The company is subject to income tax in numerous jurisdictions. Significant judgment is required to determine the Company's worldwide provision for income tax. There are some transactions and calculations for which the ultimate tax determination is uncertain. Some of the subsidiaries of the Company are involved in tax audits, usually in relation to prior years. These audits are ongoing in various jurisdictions as at the balance sheet date, and by their nature, can take a considerable time to complete. As described in Note 1 Application of accounting and financial reporting in hyperinflationary economies 3 29, no may 539/18, January 1 2017 December 31, 2016 To measure the amounts of extemporaneous tax credits arising from lawsuits, the Company evaluates the documents for the period covered by the lawsuit, and apply the guidelines for the final decision, applicable legislation or other elements that enable the amount to be estimated with sufficient reliability.

Note 5 - Segment Reporting

Note 5 - Segment Reporting	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of entity's operating segments [text block]	5. SEGMENT REPORTING (a) Reportable segments - Years ended: Brazil CAC (i) Latin America - south (ii) Canada Consolidated 2020 2019 (iii) 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 (iii) 2018 Net sales 30,196.5 28,129.9 26,814.2 7,319.3 6,757.9 5,813.9 11,560.8 10,028.7 10,753.9 9,302.4 7,088.6 6,849.3 58,379.0 52,005.1 50,231.3 Cost of sales (14,112.9 ) (12,096.3 ) (10,014.8 ) (3,307.5 ) (2,934.1 ) (2,559.1 ) (5,937.4 ) (3,998.0 ) (4,261.7 ) (3,708.3 ) (2,649.8 ) (2,413.8 ) (27,066.1 ) (21,678.2 ) (19,249.4 ) Gross profit 16,083.6 16,033.6 16,799.4 4,011.8 3,823.8 3,254.8 5,623.4 6,030.7 6,492.2 5,594.1 4,438.8 4,435.5 31,312.9 30,326.9 30,981.9 Distribution expenses (4,241.9 ) (3,814.1 ) (3,641.4 ) (751.5 ) (684.3 ) (627.1 ) (1,492.8 ) (1,092.0 ) (1,055.0 ) (1,758.8 ) (1,361.0 ) (1,283.7 ) (8,245.0 ) (6,951.4 ) (6,607.2 ) Sales and marketing expenses (3,444.1 ) (3,124.8 ) (3,076.5 ) (542.4 ) (553.0 ) (561.5 ) (1,165.6 ) (1,019.7 ) (1,113.2 ) (1,222.5 ) (998.6 ) (970.1 ) (6,374.6 ) (5,696.1 ) (5,721.3 ) Administrative expenses (1,629.6 ) (1,646.8 ) (1,409.5 ) (305.0 ) (256.7 ) (282.3 ) (574.9 ) (428.8 ) (412.2 ) (439.0 ) (347.7 ) (259.4 ) (2,948.5 ) (2,680.0 ) (2,363.4 ) Other operating income/(expenses) 2,887.2 1,421.0 965.0 (23.5 ) 85.8 20.0 (159.9 ) (18.0 ) (24.6 ) (24.4 ) (16.1 ) (13.1 ) 2,679.4 1,472.7 947.3 Exceptional items (173.8 ) (328.2 ) (43.7 ) (70.5 ) (17.1 ) 62.4 (145.7 ) (51.9 ) (88.3 ) (62.0 ) - (16.8 ) (452.0 ) (397.2 ) (86.4 ) Income from operations (EBIT) 9,481.4 8,540.7 9,593.3 2,318.9 2,398.5 1,866.3 2,084.5 3,420.3 3,798.9 2,087.4 1,715.4 1,892.4 15,972.2 16,074.9 17,150.9 Net finance costs (663.9 ) (1,381.9 ) (2,353.1 ) 9.8 (110.1 ) (58.0 ) (1,731.4 ) (1,543.2 ) (1,434.3 ) (49.0 ) (74.3 ) (184.9 ) (2,434.5 ) (3,109.5 ) (4,030.3 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) (4.9 ) (2.2 ) 3.9 - - - (31.2 ) (14.5 ) 3.3 (43.3 ) (22.3 ) 1.0 Income before income tax 8,810.3 7,153.2 7,234.0 2,323.8 2,286.2 1,812.2 353.1 1,877.1 2,364.6 2,007.2 1,626.6 1,710.8 13,494.4 12,943.1 13,121.6 Income tax expense (203.1 ) 807.7 188.9 (713.2 ) (642.7 ) (473.0 ) (118.4 ) (272.3 ) (866.8 ) (727.8 ) (647.4 ) (623.0 ) (1,762.5 ) (754.7 ) (1,773.9 ) Net income 8,607.2 7,960.9 7,422.9 1,610.6 1,643.5 1,339.2 234.7 1,604.8 1,497.8 1,279.4 979.2 1,087.8 11,731.9 12,188.4 11,347.7 Normalized EBITDA 12,569.7 11,737.9 12,295.3 3,070.4 2,961.9 2,299.0 3,328.3 4,389.8 4,909.1 2,623.0 2,057.6 2,182.3 21,591.4 21,147.2 21,685.7 Exceptional items (173.8 ) (328.2 ) (43.7 ) (70.5 ) (17.1 ) 62.4 (145.7 ) (51.9 ) (88.3 ) (62.0 ) - (16.8 ) (452.0 ) (397.2 ) (86.4 ) Depreciation. amortization and impairment (2,914.5 ) (2,869.0 ) (2,658.3 ) (681.0 ) (546.3 ) (495.1 ) (1,098.1 ) (917.6 ) (1,021.9 ) (473.6 ) (342.2 ) (273.1 ) (5,167.2 ) (4,675.1 ) (4,448.4 ) Net finance cost (663.9 ) (1,381.9 ) (2,353.1 ) 9.8 (110.1 ) (58.0 ) (1,731.4 ) (1,543.2 ) (1,434.3 ) (49.0 ) (74.3 ) (184.9 ) (2,434.5 ) (3,109.5 ) (4,030.3 ) Share of the results of joint ventures (7.2 ) (5.6 ) (6.2 ) (4.9 ) (2.2 ) 3.9 - - - (31.2 ) (14.5 ) 3.3 (43.3 ) (22.3 ) 1.0 Income tax expenses (203.1 ) 807.7 188.9 (713.2 ) (642.7 ) (473.0 ) (118.4 ) (272.3 ) (866.8 ) (727.8 ) (647.4 ) (623.0 ) (1,762.5 ) (754.7 ) (1,773.9 ) Net income 8,607.2 7,960.9 7,422.9 1,610.6 1,643.5 1,339.2 234.7 1,604.8 1,497.8 1,279.4 979.2 1,087.8 11,731.9 12,188.4 11,347.7 Normalized EBITDA margin as a % 41.6 % 41.7 % 45.9 % 41.9 % 43.8 % 39.5 % 28.8 % 43.8 % 45.6 % 28.2 % 29.0 % 31.9 % 37.0 % 40.7 % 43.2 % Acquisition of property, plant and equipment 3,114.9 3,176.5 1,811.9 492.3 578.4 500.4 621.8 1,025.0 1,040.8 463.7 289.5 217.9 4,692.7 5,069.4 3,571.0 Brazil CAC (i) Latin America - South (ii) Canada Consolidated 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 Segment assets 48,970.2 44,161.9 41,478.6 13,521.4 11,393.3 11,270.2 17,211.2 14,454.0 14,472.0 16,487.9 12,035.0 11,066.0 96,190.7 82,044.2 78,286.8 Intersegment elimination (2,187.6 ) (2,286.2 ) (2,246.5 ) Non-segmented assets 31,193.2 21,984.9 19,674.0 Total assets 125,196.3 101,742.9 95,714.3 Segment liabilities 25,032.6 19,907.4 18,252.1 4,114.2 3,932.8 3,420.9 5,156.4 4,411.8 4,484.6 6,256.6 4,078.7 3,584.8 40,559.8 32,330.7 29,742.4 Intersegment elimination (2,187.4 ) (2,286.4 ) (2,246.4 ) Non-segmented liabilities 86,823.9 71,698.6 68,218.3 Total liabilities 125,196.3 101,742.9 95,714.3 (i) CAC: includes the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Nicaragua, Honduras, Barbados and Panama. (ii) Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay. (iii) 2019 3. (b) Additional information - by Business unit - Years ended: Brazil Beer NAB Total 2020 2019 (i) 2018 2020 2019 (i) 2018 2020 2019 (i) 2018 Net sales 25,953.0 23,765.5 23,008.5 4,243.5 4,364.4 3,805.7 30,196.5 28,129.9 26,814.2 Cost of sales (11,941.7 ) (10,037.9 ) (8,214.2 ) (2,171.2 ) (2,058.4 ) (1,800.6 ) (14,112.9 ) (12,096.3 ) (10,014.8 ) Gross profit 14,011.3 13,727.6 14,794.3 2,072.3 2,306.0 2,005.1 16,083.6 16,033.6 16,799.4 Distribution expenses (3,529.2 ) (3,105.5 ) (2,963.2 ) (712.7 ) (708.6 ) (678.2 ) (4,241.9 ) (3,814.1 ) (3,641.4 ) Sales and marketing expenses (3,008.9 ) (2,721.0 ) (2,894.1 ) (435.2 ) (403.8 ) (182.4 ) (3,444.1 ) (3,124.8 ) (3,076.5 ) Administrative expenses (1,395.1 ) (1,426.0 ) (1,193.1 ) (234.5 ) (220.8 ) (216.4 ) (1,629.6 ) (1,646.8 ) (1,409.5 ) Other operating income/(expenses) 2,380.3 1,110.4 740.1 506.9 310.6 224.9 2,887.2 1,421.0 965.0 Exceptional items (173.8 ) (328.2 ) (37.0 ) - - (6.7 ) (173.8 ) (328.2 ) (43.7 ) Income from operations (EBIT) 8,284.6 7,257.3 8,447.0 1,196.8 1,283.4 1,146.3 9,481.4 8,540.7 9,593.3 Net finance costs (i) (663.9 ) (1,408.9 ) (2,327.8 ) - 27.0 (25.3 ) (663.9 ) (1,381.9 ) (2,353.1 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) - - - (7.2 ) (5.6 ) (6.2 ) Income before income tax 7,613.5 5,842.8 6,113.0 1,196.8 1,310.4 1,121.0 8,810.3 7,153.2 7,234.0 Income tax expenses (203.1 ) 807.7 188.9 - - - (203.1 ) 807.7 188.9 Net income 7,410.4 6,650.5 6,301.9 1,196.8 1,310.4 1,121.0 8,607.2 7,960.9 7,422.9 Normalized EBITDA 11,011.8 10,100.8 10,800.7 1,557.9 1,637.1 1,494.6 12,569.7 11,737.9 12,295.3 Exceptional items (173.8 ) (328.2 ) (37.0 ) - - (6.7 ) (173.8 ) (328.2 ) (43.7 ) Depreciation, amortization and impairment (2,553.4 ) (2,515.3 ) (2,316.7 ) (361.1 ) (353.7 ) (341.6 ) (2,914.5 ) (2,869.0 ) (2,658.3 ) Net finance costs (663.9 ) (1,408.9 ) (2,327.8 ) - 27.0 (25.3 ) (663.9 ) (1,381.9 ) (2,353.1 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) - - - (7.2 ) (5.6 ) (6.2 ) Income tax expenses (203.1 ) 807.7 188.9 - - - (203.1 ) 807.7 188.9 Net income 7,410.4 6,650.5 6,301.9 1,196.8 1,310.4 1,121.0 8,607.2 7,960.9 7,422.9 Normalized EBITDA margin as a % 42.4 % 42.5 % 46.9 % 36.7 % 37.5 % 39.3 % 41.6 % 41.7 % 45.9 % (i) Balance for 2019 3.

Note 6 - Net Sales

Note 6 - Net Sales	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of revenue [text block]	6. NET SALES Reconciliation between gross sales and net sales: 2020 2019 (i) 2018 Gross sales and/or services 85,221.2 76,286.6 73,628.9 Excise duty (18,259.7 ) (16,431.3 ) (15,876.6 ) Discounts (8,582.5 ) (7,850.2 ) (7,521.0 ) 58,379.0 52,005.1 50,231.3 (i) Balance for 2019 3.

Note 7 - Other Operating Income

Note 7 - Other Operating Income (Expenses)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of other operating income (expense) [text block]	7. OTHER OPERATING INCOME / (EXPENSES) 2020 2019 (i) 2018 Government grants/NPV of long-term fiscal incentives 735.9 761.3 820.1 Extemporaneous credits/(debits) (ii) 2,121.3 594.6 - (Additions)/reversals of provisions (70.1 ) (37.7 ) (42.0 ) Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates 27.2 30.7 (29.8 ) Other operating income/(expenses), net (134.9 ) 123.8 199.0 2,679.4 1,472.7 947.3 (i) 2019 3. (ii) The amount is mostly related to the gain on PIS and COFINS credits according to the favorable judgment in the lawsuit to exclude ICMS from the calculation base, detailed in Note 30 - Contingencies. Government grants are not

Note 8 - Exceptional Items

Note 8 - Exceptional Items	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of exceptional items [text block]	8. EXCEPTIONAL ITEMS 2020 2019 2018 Result from shareholding exchange transaction (i) - - 30.0 Restructuring (ii) (146.5 ) (101.8 ) (175.5 ) Costs arising from business combinations (18.2 ) - - Result on sales of subsidiaries (iii) - - 78.6 Acquisitions of subsidiaries - - (1.5 ) Effects of the application of IAS 29 (hyperinflation) (9.3 ) (5.3 ) (18.0 ) State amnesties (iv) - (290.1 ) - Impacts of COVID-19 (v) (263.2 ) - - Stella recall (14.8 ) - - (452.0 ) (397.2 ) (86.4 ) (i) As described in Note 1 Perpetual licensing agreement with Quilmes (ii) The restructuring expenses recognized refer mainly to the realignment of the structures and processes in the Latin America geographical segment, CAC and Brazil. (iii) As described in Note 1 Sale of subsidiaries (iv) The payment by Ambev of the Amnesty in the State of Mato Grosso is required by the Brazilian government for in order to continue to receive tax incentives, according to Complementary Law No. 160/17, No. 631/19. (v) COVID- 19 19

Note 9 - Payroll and Related Be

Note 9 - Payroll and Related Benefits	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of payroll and related benefits of the entity [text block]	9. PAYROLL AND RELATED BENEFITS 2020 2019 2018 Wages and salaries 3,736.5 3,700.6 3,422.0 Social security contributions 851.8 822.9 789.3 Other personnel costs 836.9 764.9 726.6 Increase in liabilities for defined benefit plans 131.2 147.7 142.0 Share-based payments 223.1 219.2 162.7 Contributions to defined contribution plans 61.1 29.7 32.2 5,840.6 5,685.0 5,274.8 The payroll expenses and related benefits are presented in the income statement as shown below: 2020 2019 2018 Cost of sales 2,175.1 1,976.7 1,814.7 Distribution expenses 1,130.4 1,014.5 987.7 Sales and marketing expenses 1,333.7 1,231.3 1,239.0 Administrative expenses 1,089.2 1,338.8 1,085.4 Net finance costs 44.1 89.2 103.0 Other operating income/(expenses), net 2.2 1.3 - Exceptional items 65.9 33.2 45.0 5,840.6 5,685.0 5,274.8

Note 10 - Additional Informatio

Note 10 - Additional Information on Cost of Sales and Operating Expenses by Nature	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of additional information [text block]	10. ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE Depreciation, amortization and impairment expenses are included in the following income statement accounts for the years 2020, 2019 2018: Depreciation and impairment of property, plant and equipment Amortization of intangible assets 2020 2019 2018 2020 2019 2018 Cost of sales (i) 2,980.4 2,671.6 2,681.9 15.7 12.4 10.3 Distribution expenses 441.7 649.0 570.9 - - - Sales and marketing expenses 787.9 557.7 586.0 219.9 319.4 117.1 Administrative expenses 453.6 272.0 306.9 276.1 195.5 175.2 4,663.6 4,150.3 4,145.7 511.7 527.3 302.6 (i) These amounts added to R$2,175.1 R$1,976.6 December 31, 2019) 9 Payroll and related benefits R$7,350.4 R$4,660.7 December 31, 2019). R$19,715.7 R$17,017.5 December 31, 2019),

Note 11 - Finance Expenses and

Note 11 - Finance Expenses and Income	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of finance income (cost) [text block]	11. FINANCE EXPENSES AND INCOME (a) Finance expenses 2020 2019 2018 Interest expense (1,786.6 ) (1,514.3 ) (1,488.1 ) Capitalized borrowings - - 0.4 Net Interest on pension plans (117.2 ) (105.3 ) (103.0 ) Losses on hedging instruments and exclusive investment funds (i) (1,919.3 ) (1,286.0 ) (1,181.2 ) Interest on provision for disputes and litigation (208.8 ) (163.9 ) (132.7 ) Exchange variations (706.4 ) (637.2 ) (756.9 ) Interest and foreign exchange rate on loans to/from related parties - (41.5 ) (8.0 ) Financial instruments at fair value through profit or loss (4.3 ) (310.4 ) (107.1 ) Tax on financial transactions (335.0 ) (202.1 ) (337.6 ) Bank guarantee expenses (188.0 ) (136.2 ) (126.3 ) Other financial results (164.9 ) (172.1 ) (264.6 ) (5,430.5 ) (4,569.0 ) (4,505.1 ) Exceptional finance expense - (179.4 ) (179.1 ) (5,430.5 ) (4,748.4 ) (4,684.2 ) (i) The variation refers, for the most part, to the Equity Swap, which changes according to the changes in share price. The exceptional finance expenses refer to the payment of Amnesty in the State of Mato Grosso, in the amount of R$101.9, R$77.5 December 31, 2019 ( R$179.1 December 31, 2018). Interest expenses are presented net of the effects of interest rate derivative financial instruments which mitigate Ambev's interest rate risk (Note 28 Financial instruments and risks 2020 2019 2018 Financial instruments measured at amortized cost (776.0 ) (520.9 ) (597.6 ) Financial instruments at fair value through profit or loss (1,010.6 ) (993.4 ) (890.5 ) (1,786.6 ) (1,514.3 ) (1,488.1 ) (b) Finance income 2020 2019 2018 Interest income 2,245.5 1,068.0 454.0 Interest and foreign exchange rate on loans to/from related parties 10.6 - - Financial instruments at fair value through profit or loss 242.6 37.2 - Other financial results 49.9 26.3 17.4 2,548.6 1,131.5 471.4 Exceptional finance income - 161.2 - Effect of application of IAS 29 (hyperinflation) 447.4 346.2 182.5 2,996.0 1,638.9 653.9 Interest income arises from the following financial assets: 2020 2019 2018 Cash and cash equivalents 234.6 454.8 270.7 Investment securities held for trading 4.3 0.1 12.9 Other receivables (i) 2,006.6 613.1 170.4 2,245.5 1,068.0 454.0 (i) Mainly related to monetary adjustments related to the exclusion of ICMS (VAT tax) from the basis of PIS and COFINS calculation, more details in Note 30 Contingencies

Note 12 - Income Tax and Social

Note 12 - Income Tax and Social Contribution	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of income tax and social contribution [text block]	12. INCOME TAX AND SOCIAL CONTRIBUTION Income taxes reported in the income statement are analyzed as follow: 2020 2019 2018 Income tax expenses - current (1,048.9 ) (1,118.1 ) (1,833.5 ) Deferred tax expense on temporary differences (1,576.0 ) 277.1 (230.4 ) Deferred tax over taxes losses carried forward movements in the current period 862.4 86.3 290.0 Total deferred tax (expense)/income (713.6 ) 363.4 59.6 Total income tax expenses (1,762.5 ) (754.7 ) (1,773.9 ) The reconciliation between the weighted nominal tax rate to the effective tax rate is summarized as follows: 2020 2019 2018 Profit before tax 13,494.4 12,943.1 13,121.6 Adjustment on a taxable basis Other non-taxable income (i) (630.8 ) (1,067.1 ) (502.3 ) Government grants related to sales taxes (1,624.9 ) (1,896.0 ) (1,807.3 ) Share of the result of joint ventures 43.3 22.3 (1.0 ) Non-deductible expenses 356.5 378.2 306.8 Addition of income tax of foreign subsidiaries due in Brazil 463.0 210.9 503.0 12,101.5 10,591.4 11,620.8 Aggregated weighted nominal tax rate 30.26 % 28.94 % 30.17 % Taxes payable - nominal rate (3,662.1 ) (3,064.7 ) (3,505.5 ) Adjustments to tax expenses Income tax incentives 123.2 245.9 219.7 Deductible interest on shareholders' equity 2,213.2 2,623.8 1,710.4 Tax savings based on the amortization of goodwill 77.5 80.5 72.3 Withholding income tax (628.2 ) (420.3 ) (220.0 ) Recognition/(write-off) of deferred charges on tax losses 123.2 (377.4 ) (41.6 ) Effect of the application of IAS 29 (hyperinflation) (50.5 ) 1.4 (107.3 ) Other with reduced taxation (i) 41.2 156.1 98.1 Income tax and social contribution expense (1,762.5 ) (754.7 ) (1,773.9 ) Effective tax rate 13.06 % 5.83 % 13.52 % (i) Adjusted balances for comparative purposes. The main events that impacted the effective tax rate for the period were: · Government subsidy for sales taxes: For regional incentives, these are related primarily to local production, and, when reinvested, is not · Complement of income tax on foreign subsidiaries due in Brazil: shows the result of the calculation of universal taxation of profits, according to the regulations of Law 12,973/14. · Withholding income tax: The amount is mainly related to dividends already distributed and to be distributed by subsidiaries located outside of Brazil, applicable according to local tax legislation. The increase in the amount in 2020 · Deductible interest on shareholders' equity: under Brazilian law, companies have an option to remunerate its shareholders' through the payment of Interest on Capital (“IOC”), which is deductible for income tax purposes.

Note 13 - Property, Plant and E

Note 13 - Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of property, plant and equipment [text block]	13. PROPERTY, PLANT AND EQUIPMENT 2020 2019 Property, plant and equipment 22,852.9 20,547.7 Right of use assets 1,915.5 2,028.6 24,768.4 22,576.3 Land and buildings Plant and equipment Fixtures and fittings Under construction Total Acquisition cost At December 31, 2018 10,375.6 28,075.8 5,690.6 1,422.1 45,564.1 Effect of movements in foreign exchange in the balance sheet (240.9 ) (979.5 ) (300.8 ) (19.5 ) (1,540.7 ) Effect of the application of IAS 29 (hyperinflation) 291.3 1,169.9 399.6 11.1 1,871.9 Acquisition through business combinations 0.2 - 2.1 5.7 8.0 Acquisitions 14.8 606.1 147.9 3,707.1 4,475.9 Disposals and write-off (33.4 ) (739.3 ) (133.3 ) - (906.0 ) Transfers to other asset categories 479.3 1,543.1 561.6 (2,942.2 ) (358.2 ) At December 31, 2019 10,886.9 29,676.1 6,367.7 2,184.3 49,115.0 Effects of movements in foreign exchange in the balance sheet 724.8 1,811.9 392.1 173.2 3,102.0 Effect of the application of IAS 29 (hyperinflation) 310.5 1,160.4 291.8 130.3 1,893.0 Acquisition through business combinations 4.0 9.8 1.7 - 15.5 Acquisitions 17.2 514.8 74.3 3,815.6 4,421.9 Disposals and write-offs (23.7 ) (1,422.2 ) (247.0 ) 0.2 (1,692.7 ) Transfers to other asset categories 465.4 2,286.6 338.8 (3,472.9 ) (382.1 ) At December 31, 2020 12,385.1 34,037.4 7,219.4 2,830.7 56,472.6 Land and buildings Plant and equipment Fixtures and fittings Under construction Total Depreciation and impairment At December 31, 2018 (3,031.5 ) (18,247.1 ) (4,185.1 ) - (25,463.7 ) Effect of movements in foreign exchange in the balance sheet 23.9 549.1 237.9 - 810.9 Effect of the application of IAS 29 (hyperinflation) (51.1 ) (686.0 ) (288.1 ) - (1,025.2 ) Depreciation (350.3 ) (2,516.6 ) (663.2 ) - (3,530.1 ) Disposals and write-offs 9.2 649.8 125.2 - 784.2 Others (0.8 ) (130.9 ) (11.7 ) - (143.4 ) At December 31, 2019 (3,400.6 ) (20,381.7 ) (4,785.0 ) - (28,567.3 ) Effect of movements in foreign exchange in the balance sheet (174.3 ) (1,205.7 ) (278.5 ) - (1,658.5 ) Effect of the application of IAS 29 (hyperinflation) (51.4 ) (670.4 ) (300.0 ) - (1,021.8 ) Depreciation (401.8 ) (2,795.4 ) (699.2 ) - (3,896.4 ) Disposals and write-offs 7.8 1,409.0 245.9 - 1,662.7 Transfers to other asset categories 29.8 (3.6 ) 22.0 - 48.2 Others (3.1 ) (183.2 ) (0.3 ) - (186.6 ) At December 31, 2020 (3,993.6 ) (23,831.0 ) (5,795.1 ) - (33,619.7 ) Carrying amount: At December 31, 2019 7,486.3 9,294.4 1,582.7 2,184.3 20,547.7 At December 31, 2020 8,391.5 10,206.4 1,424.3 2,830.7 22,852.9 The balances of capitalized interests and fixed assets provided as security are not Right-of-use asset: Buildings Plant and equipment Others Total Acquisition cost At December 31, 2018 972.5 1,343.3 78.3 2,394.1 Effect of movements in foreign exchange in the balance sheet 17.7 0.6 1.2 19.5 Additions (i) 317.8 521.2 59.8 898.8 Transfers from (to) other asset categories 31.8 - 16.9 48.7 At December 31, 2019 (i) 1,339.8 1,865.1 156.2 3,361.1 Effect of movements in foreign exchange in the balance sheet 131.8 8.2 9.3 149.3 Additions 321.8 32.6 12.2 366.6 Transfers from (to) other asset categories (1.8 ) - (2.2 ) (4.0 ) At December 31, 2020 1,791.6 1,905.9 175.5 3,873.0 Buildings Plant and equipment Others Total Depreciation and impairment At December 31, 2018 (308.4 ) (490.7 ) (57.4 ) (856.5 ) Effect of movements in foreign exchange in the balance sheet (4.6 ) (0.5 ) (0.6 ) (5.7 ) Depreciation (173.3 ) (263.3 ) (30.6 ) (467.2 ) Transfer (from) to other asset categories (8.2 ) (2.4 ) 7.5 (3.1 ) At December 31, 2019 (494.5 ) (756.9 ) (81.1 ) (1,332.5 ) Effect of movements in foreign exchange in the balance sheet (40.9 ) (4.5 ) (3.9 ) (49.3 ) Depreciation (280.7 ) (256.5 ) (43.4 ) (580.6 ) Transfers (from) to other asset categories 3.2 - 1.7 4.9 At December 31, 2020 (812.9 ) (1,017.9 ) (126.7 ) (1,957.5 ) Carrying amount: At December 31, 2019 845.3 1,108.2 75.1 2,028.6 At December 31, 2020 978.7 888.0 48.8 1,915.5 (i) Adjusted balances for comparative purposes. The average discount rate applied for IFRS 16, Rate % Lease Term 2020 2019 2018 2020-2025 10.54 % 6.63 % 12.61 % 2026-2030 8.19 % 8.33 % 11.83 % 2031-2035 10.97 % 9.00 % 13.54 %

Note 14 - Goodwill

Note 14 - Goodwill	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of goodwill [text block]	14. GOODWILL 2020 2019 Balance at the end of the previous year 35,009.9 34,276.2 Effect of movements in foreign exchange in the balance sheet 4,006.9 16.1 Effect of application of IAS 29 (hyperinflation) 605.4 691.2 Acquisitions, (write-offs) and disposal through business combinations 401.3 26.4 Balance at the end of the year 40,023.5 35,009.9 The carrying amount of goodwill was allocated to the different CGU as follows: Functional currency 2020 2019 Brazil BRL 17,696.7 17,694.8 Goodwill 102,939.3 102,937.4 Non-controlling transactions (i) (85,242.6 ) (85,242.6 ) CAC: Dominican Republic DOP 4,080.7 3,476.9 Panama PAB 1,806.5 1,400.5 Latin America - South: Argentina ARS 2,415.2 1,972.2 Bolivia BOB 1,838.2 1,425.7 Chile CLP 63.9 47.3 Paraguay PYG 998.9 836.6 Uruguay UYU 182.0 160.1 Canada CAD 10,941.4 7,995.8 40,023.5 35,009.9 (i) This refers to the shareholding exchange transaction in 2013 The impairment testing of assets with indefinite useful lives requires the use of a number of critical judgments, estimates and assumptions. Goodwill, which accounted for approximately 36% December 31, 2020 ( 39% December 31, 2019) Annual impairment testing The Company completed its annual impairment testing for goodwill based on the assumptions described below and concluded that no The Company cannot predict whether an event that could triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. The Company believes that all of its estimates are reasonable, are consistent with the Company's internal reporting and reflect management's best estimates. However, inherent uncertainty exists which management is not not The methodology used by the Company to determine the recoverable value of all its CGUs is the net fair value of selling expenses, using multiples of the profit before financial result, income tax and depreciation and amortization expenses (“EBITDA”), observed in the market for previous comparable business transactions in the domestic and international brewing industry. The values used by the Company for this approach are based on external sources of information. This measurement is classified at Level 2 seven However, for the Brazil and Chile CGUs, the Company also used discounted cash flow projections to determine the CGUs' recoverable amounts, in order to corroborate the conclusions reached by applying the fair value less disposal costs approach, the carrying amount of these CGUs does not Sensitivity analysis Based on the probable scenario, a sensitivity analysis was carried out for a 0.5% The key judgments, estimates and key assumptions used for the discounted free cash flow calculations for these CGUs were as follow: § The first § In the second § From the third tenth § Projections are made in the functional currency of the business unit and discounted at the unit's weighted average cost of capital (“WACC”), considering sensitivities of this metric. Based on our cash flow analysis, the growth rates applied ranged from 1.9% 3.3%. The nominal WACC applied in the local currency for each CGU was as follows: CGU 2020 Chile 7.21 % Brazil 9.67 % Although Ambev believes that its judgments, assumptions and estimates are appropriate, actual results may

Note 15 - Intangible

Note 15 - Intangible	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of intangible assets [text block]	15. INTANGIBLES Distribution Brands contracts Software Others Total Acquisition cost At December 31, 2018 4,701.3 2,393.1 1,446.5 621.8 9,162.7 Effect of movements in foreign exchange in the balance sheet (360.9 ) (13.7 ) (77.6 ) (37.7 ) (489.9 ) Effect of application of IAS 29 (hyperinflation) 385.7 30.9 92.0 44.6 553.2 Additions 0.2 539.5 25.1 50.0 614.8 Disposals (0.2 ) - (0.4 ) - (0.6 ) Acquisitions through business combinations - - - 2.6 2.6 Transfers to other asset categories 18.1 6.5 315.6 (18.0 ) 322.2 At December 31, 2019 4,744.2 2,956.3 1,801.2 663.3 10,165.0 Effect of movements in foreign exchange in the balance sheet 646.7 75.3 40.6 73.4 836.0 Effect of application of IAS 29 (hyperinflation) 348.2 28.5 85.3 203.8 665.8 Additions 9.1 168.7 20.2 72.8 270.8 Disposal - (0.6 ) (0.5 ) - (1.1 ) Acquisitions through business combination 27.6 - - - 27.6 Transfers to other assets categories (122.5 ) 56.3 291.4 87.5 312.7 At December 31, 2020 5,653.3 3,284.5 2,238.2 1,100.8 12,276.8 Amortization and impairment losses (i) At December 31, 2018 - (2,011.8 ) (940.9 ) (369.4 ) (3,322.1 ) Effect of movements in foreign exchange in the balance sheet - 27.8 51.5 40.0 119.3 Effect of application of IAS 29 (hyperinflation) - (28.2 ) (59.5 ) (42.5 ) (130.2 ) Amortization - (316.4 ) (182.7 ) (28.2 ) (527.3 ) Disposals - - 0.4 - 0.4 Transfers to other assets categories - - 0.1 1.2 1.3 At December 31, 2019 - (2,328.6 ) (1,131.1 ) (398.9 ) (3,858.6 ) Effect of movements in foreign exchange in the balance sheet - 6.8 (25.6 ) (33.4 ) (52.2 ) Effect of application of IAS 29 (hyperinflation) - (28.4 ) (57.7 ) (191.0 ) (277.1 ) Amortization - (234.2 ) (247.3 ) (30.2 ) (511.7 ) Disposals - - 0.5 - 0.5 Transfers to other assets categories - - 2.9 - 2.9 At December 31, 2020 - (2,584.4 ) (1,458.3 ) (653.5 ) (4,696.2 ) Carrying amount: At December 31, 2019 4,744.2 627.7 670.1 264.4 6,306.4 At December 31, 2020 5,653.3 700.1 779.9 447.3 7,580.6 The Company is the owner of some of the world's leading brands in the beer industry. As a result, brands are expected to generate positive cash flow for as long as the Company owns the brands, and accordingly they have been assigned indefinite useful lives. The most representative brands that have been recorded as a result of the fair value determination of past acquisitions are Quilmes Pilsen Presidente Presidente Light The carrying value of intangible assets with indefinite useful lives classified as brands were allocated to the following CGUs: 2020 2019 Argentina 1,523.0 1,193.9 Bolivia 890.9 691.0 Brazil 3.3 11.6 Canada 218.5 266.3 Chile 94.4 69.9 Luxembourg 339.6 339.6 Paraguay 568.4 476.2 Dominican Republic 1,534.9 1,310.4 Panama 357.4 277.2 Uruguay 122.9 108.1 5,653.3 4,744.2 Intangible assets with indefinite useful lives have been tested for impairment on a CGU level basis, which is consistent with the approach described in Note 14 Goodwill

Note 16 - Investment Securities

Note 16 - Investment Securities	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of investment securities [text block]	16. INVESTMENT SECURITIES 2020 2019 Debt held-to-maturity (i) 213.9 163.6 Non-current investments in securities 213.9 163.6 Financial assets at fair value through profit or loss-held for trading 1,700.0 14.6 Current investments in securities 1,700.0 14.6 Total 1,913.9 178.2 (i) The balance refers substantially to Bank Deposit Certificates (“CDBs”) linked to tax incentives and do not

Note 17 - Deferred Income Tax a

Note 17 - Deferred Income Tax and Social Contribution	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of deferred income tax and social contribution [text block]	17. DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION Deferred taxes for income tax and social contribution taxes are calculated on temporary differences between the tax bases of these taxes and the accounting calculations of the Company, which include tax losses. The tax rates in Brazil, which are expected to be applicable upon the realization of the deferred taxes, are 25% 9% Central America and the Caribbean from 15% to 27% Latin America - South (i) from 10% to 30% Canada 26.5% (i) Amendments to Argentine tax legislation approved on December 29, 2017 October 2018 first two 35% 30% 25%. December 23, 2019 one 25%, third 30% Deferred tax assets are recognized to the extent that it is probable that future taxable profits are probable, which may The amount of deferred income tax and social contribution by type of temporary difference is detailed as follows: 2020 2019 Assets Liabilities Net Assets Liabilities Net Investments in securities 10.1 - 10.1 10.0 - 10.0 Intangibles - (1,253.0 ) (1,253.0 ) - (1,067.5 ) (1,067.5 ) Employee benefits 971.2 (3.0 ) 968.2 750.0 (3.9 ) 746.1 Trade payables 3,917.1 (230.3 ) 3,686.8 2,330.3 (246.6 ) 2,083.7 Trade receivables 53.0 - 53.0 45.5 (3.3 ) 42.2 Derivatives 36.3 (118.7 ) (82.4 ) 38.9 (217.2 ) (178.3 ) Interest-Bearing Loans and Borrowings - (1.8 ) (1.8 ) - - - Inventory 288.7 (67.6 ) 221.1 372.0 (67.1 ) 304.9 Property, plant and equipment 430.8 (1,609.0 ) (1,178.2 ) 290.4 (1,423.4 ) (1,133.0 ) Withholding tax on undistributed profits and royalties - (1,538.8 ) (1,538.8 ) - (1,115.1 ) (1,115.1 ) Investments in joint ventures - (421.6 ) (421.6 ) - (421.6 ) (421.6 ) Losses carried forward 1,739.7 - 1,739.7 877.3 (148.4 ) 728.9 Provisions 636.0 (1.3 ) 634.7 465.9 (2.3 ) 463.6 Impact of the adoption of IFRS 16 (Leases) 124.2 (1.6 ) 122.6 44.6 (1.9 ) 42.7 ICMS on the assessment bases of PIS/COFINS - (1,460.8 ) (1,460.8 ) - - - Other items 79.2 (61.4 ) 17.8 89.0 (16.6 ) 72.4 Gross deferred tax assets / (liabilities) 8,286.3 (6,768.9 ) 1,517.4 5,313.9 (4,734.9 ) 579.0 Netting by taxable entity (3,725.5 ) 3,725.5 - (2,363.8 ) 2,363.8 - Net deferred tax assets / (liabilities) 4,560.8 (3,043.4 ) 1,517.4 2,950.1 (2,371.1 ) 579.0 The Company only reclassifies the balances of deferred income tax and social contribution assets against liabilities to a net presentation basis when the applicable compensation criteria are met. The critical estimates of Ambev's Management, as well the main contingent liabilities related to uncertainty about the tax treatment of income, are disclosed in Notes 3 29, As at December 31, 2020 2020 Deferred taxes not related to tax losses to be realized until 12 months to be realized after 12 months Total Investments in securities - 10.1 10.1 Intangibles (1.4 ) (1,251.6 ) (1,253.0 ) Employee benefits 56.3 911.9 968.2 Trade payables (204.9 ) 3,891.7 3,686.8 Trade receivables 44.6 8.4 53.0 Derivatives (83.1 ) 0.7 (82.4 ) Interest-bearing loans and borrowing (1.6 ) (0.2 ) (1.8 ) Inventory 244.2 (23.1 ) 221.1 Property, plant and equipment 62.3 (1,240.5 ) (1,178.2 ) Withholding tax on undistributed profits and royalties (165.7 ) (1,373.1 ) (1,538.8 ) Investments in joint ventures - (421.6 ) (421.6 ) Provisions 335.6 299.1 634.7 Impact of the adoption of IFRS 16 (Leases) (0.7 ) 123.3 122.6 ICMS on the assessment bases of PIS/COFINS - (1,460.8 ) (1,460.8 ) Other items 35.9 (18.1 ) 17.8 Total 321.5 (543.8 ) (222.3 ) The majority of tax losses and negative social contribution bases on which deferred income tax and social contribution were calculated do not 30% Deferred tax related to tax losses 2020 2021 599.8 2022 383.4 2023 153.4 2024 263.8 2025 95.8 2026 to 2028 207.4 2029 to 2030 (i) 36.1 Total 1,739.7 (i) There is no ten As at December 31, 2020, R$970.0 R$707.1 2019 not not A significant portion of the deferred tax asset related to tax losses amount does not R$3,879.8 2020 R$2,811.6 2019 The net change in deferred income tax and social contribution is detailed as follows: At December 31, 2018 (359.9 ) Recognition of actuarial gains/(losses) 80.9 Investment hedge - put option on a subsidiary's interest (13.0 ) Cash flow hedge - gains/(losses) 106.7 Gains/(losses) on the translation of other foreign operations 660.5 Recognized in other comprehensive income 835.1 Recognized in the income statement 363.4 Changes directly in the balance sheet (259.6 ) Recognized in deferred tax (263.5 ) Effect of application of IAS 29 (hyperinflation) (263.5 ) Recognized in other groups in the balance sheet 3.9 At December 31, 2019 579.0 Recognition of actuarial gains/(losses) 56.2 Investment hedges in foreign operations (1.0 ) Investment hedges - put option of a subsidiary's interest 191.5 Cash flow hedge - gains/(losses) 96.8 Gains/(losses) on the translation of other foreign operations 1,529.5 Recognized in other comprehensive income 1,873.0 Recognized in the income statement (713.6 ) Changes directly in the balance sheet (221.0 ) Recognized in deferred tax (174.3 ) Effect of application of IAS 29 (hyperinflation) (174.3 ) Recognized in other groups in the of balance sheet (46.7 ) At December 31, 2020 1,517.4

Note 18 - Recoverable Taxes

Note 18 - Recoverable Taxes	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Recoverable taxes [text block]	18. RECOVERABLE TAXES 2020 2019 PIS/COFINS exclusion of ICMS (i) 5,183.4 283.6 ICMS 266.5 212.5 Others 245.9 175.0 Non-current 5,695.8 671.1 PIS/COFINS 712.0 1,429.3 ICMS 563.4 573.6 IPI 177.0 144.5 Others 75.5 95.3 Current 1,527.9 2,242.7 Total 7,223.7 2,913.8 (i) As detailed in Note 30 Contingencies R$4.3 R$0.9 December 31, 2020.

Note 19 - Inventories

Note 19 - Inventories	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of inventories [text block]	19. INVENTORY 2020 2019 Finished goods 2,575.5 2,080.7 Work in progress 518.3 450.8 Raw materials and consumables 3,513.0 2,637.4 Spare parts and others 758.8 602.6 Prepayments 381.4 328.3 Impairment losses (141.1 ) (121.2 ) 7,605.9 5,978.6 Write-offs/losses on inventory recognized in the income statement amounting to R$194.2 2020 R$109.8 2019

Note 20 - Trade Receivables

Note 20 - Trade Receivables	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of trade and other receivables [text block]	20. TRADE RECEIVABLES 2020 2019 Trade receivables 4,861.0 4,955.5 Bad debt provision (676.5 ) (603.5 ) Trade receivables, net 4,184.5 4,352.0 Related parties (Note 32) 118.6 143.5 Total current trade receivables 4,303.1 4,495.5 The aging of our current trade receivables, net of impairment losses, is detailed as follows: Net carrying amount as of December 31, No past due Past due - until 30 days Past due - between 31 - 60 days Past due - between 61 - 90 days Past due - between 91 - 180 days Past due - between 181 - 360 days Past due 360 days Trade receivables 4,861.0 3,925.9 187.5 53.2 19.0 38.2 71.1 566.1 Bad debt provision (676.5 ) (5.8 ) - - (4.3 ) (29.2 ) (71.1 ) (566.1 ) 2020 4,184.5 3,920.1 187.5 53.2 14.7 9.0 - - Trade receivables 4,955.5 3,852.3 255.2 82.4 74.5 111.1 74.1 505.9 Bad debt provision (603.5 ) (5.8 ) (0.1 ) (0.2 ) (0.5 ) (16.9 ) (74.1 ) (505.9 ) 2019 4,352.0 3,846.5 255.1 82.2 74.0 94.2 - - Impairment losses on trade receivables recognized in the income statement in 2020 R$103.0 R$39.5 2019 no The Company's exposure to credit risks, currency and interest rate risks are disclosed in Note 28 Financial instruments and risks

Note 21 - Cash and Cash Equival

Note 21 - Cash and Cash Equivalents	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of cash and cash equivalents [text block]	21. CASH AND CASH EQUIVALENTS 2020 2019 Short term bank deposits (i) 10,968.0 6,289.6 Current bank accounts 5,860.9 5,403.6 Cash 261.4 207.5 Cash and cash equivalents 17,090.3 11,900.7 (i) The balance refers mostly to Bank Deposit Certificates - CDB, high liquidity, which are readily convertible into known amounts of cash and which are subject to an insignificant risk of change in value. The current account balance includes the amount of R$449 2020 R$348 2019 not

Note 22 - Changes in Equity

Note 22 - Changes in Equity	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of changes in equity [text block]	22. CHANGES IN EQUITY (a) Capital stock 2020 2019 Millions of commom shares Millions of Reais Millions of commom shares Millions of Reais Beginning balance 15,733.6 57,866.8 15,722.1 57,710.2 Capital increase (i) 1.5 32.3 11.5 156.6 Final balance (ii) 15,735.1 57,899.1 15,733.6 57,866.8 (i) Capital increase related to the issue of shares. (ii) The capital stock is fully subscribed and paid up. (b) Capital reserves Capital Reserves Treasury shares Share premium Other capital reserves Share-based payments Total At January 1, 2019 (882.7 ) 53,662.8 700.9 1,300.3 54,781.3 Capital increase (43.6 ) - - (100.2 ) (143.8 ) Purchases of shares and results from treasury shares (28.9 ) - - - (28.9 ) Share-based payments - - - 202.9 202.9 At December 31, 2019 (955.2 ) 53,662.8 700.9 1,403.0 54,811.5 Capital increase - - - (32.3 ) (32.3 ) Purchases of shares and results from treasury shares 13.5 - - - 13.5 Share-based payments - - - 192.9 192.9 At December 31, 2020 (941.7 ) 53,662.8 700.9 1,563.6 54,985.6 ( b.1 Treasury shares represent the Company's own issued shares reacquired by the Company, and the results of treasury shares related to gains and losses on share-based payment transactions and others. The changes in treasury shares are as follow: Acquisition /realization of shares Result on Treasury Shares Total Treasury Shares Millions of shares Millions of Brazilian Reais Millions of shares Millions of Brazilian Reais At January 1, 2019 1.0 (20.9 ) (861.8 ) (882.7 ) Changes during the year 2.6 (47.3 ) (25.2 ) (72.5 ) At December 31, 2019 3.6 (68.2 ) (887.0 ) (955.2 ) Changes during the year (3.4 ) 65.0 (51.5 ) 13.5 At December 31, 2020 0.2 (3.2 ) (938.5 ) (941.7 ) ( b.2 The share premium refers to the difference between the subscription price that the shareholders paid for the shares and their nominal value. Since this is a capital reserve, it can only be used to increase capital, offset losses, or for the redemption, reimbursement or repurchase of shares. ( b.3 Different share-based payment programs and stock purchase option plans allow the senior management from Ambev's economic group to acquire shares in the Company. The share-based payment reserve recorded a charge of R$208.7 2020 R$205.7 R$161.0 2019 2018, 25 Share-based payments (c) Net income reserves Net income reserves Investments reserve Statutory reserve Fiscal incentive Total At January 1, 2019 6,617.3 4.5 8,719.5 15,341.3 Fiscal incentives reserve - - 1,352.1 1,352.1 Investments reserve 4,180.8 - - 4,180.8 At December 31, 2019 10,798.1 4.5 10,071.6 20,874.2 Fiscal incentives reserve - - 1,332.8 1,332.8 Investments reserve 3,713.0 - - 3,713.0 At December 31, 2020 14,511.1 4.5 11,404.4 25,920.0 ( c.1 From the net income after applicable deductions, there will be a target allocating of no 60% sixty ( c.2 From the net income, 5% 20% not 30% ( c.3 The Company has tax incentives under certain state and federal industrial development programs in the form of financing, the deferred payment of taxes or partial reductions in the amount due. These programs aim to generate employment, promote regional decentralization, complement and diversify the industrial base of the States. In these states, the grace periods, use and reductions are set out under the tax law. ( c.4 Brazilian companies are permitted to distribute the interest attributed to shareholders' equity calculated based on the long-term interest rate (“TJLP”), with such interest being tax-deductible, in accordance with the applicable law and, when distributed, may As determined by its by-laws, the Company is required to distribute to its shareholders, as a minimum mandatory dividend in respect of each fiscal year ending December 31, not 40% Events during the year ended 2020: Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 12/21/2020 Dividends 01/28/2021 2020 ON 0.0767 1,206.9 Board of Directors Meeting 12/09/2020 Interest on shareholders' equity 12/30/2020 2020 ON 0.4137 6,509.5 7,716.4 Events during the year ended 2019: Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 12/02/2019 Interest on shareholders' equity 12/30/2019 2019 ON 0.4906 7,717.4 7,717.4 Events during the year ended 2018: Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 05/15/2018 Dividends 07/30/2018 2018 ON 0.1600 2,515.1 Board of Directors Meeting 12/03/2018 Interest on shareholders' equity 12/28/2018 2018 ON 0.3200 5,030.5 7,545.6 (d) Carrying value adjustments Carrying value adjustments Translation reserves Cash flow hedge Actuarial gains/ (losses) Put option granted on subsidiary (i) Gains/(losses) on non-controlling interest´s share (i) Business combination Accounting adjustments for transactions between shareholders Total At January 1, 2019 4,089.2 777.3 (1,116.2 ) (120.2 ) 19.6 156.1 (75,390.6 ) (71,584.8 ) Comprehensive income: Gains/(losses) on translation of foreign operations (505.8 ) - - - - - - (505.8 ) Cash flow hedges - (132.2 ) - - - - - (132.2 ) Actuarial gains/(losses) - - (104.8 ) - - - - (104.8 ) Total comprehensive income (505.8 ) (132.2 ) (104.8 ) - - - - (742.8 ) Options granted on subsidiaries - - - 70.0 - - - 70.0 Gains/(losses) on controlling interest´s share - - - - (0.5 ) - - (0.5 ) Tax on deemed dividends - - - - (4.6 ) - - (4.6 ) Reversal effect of revaluation of property, plant and equipment by the predecessor accounting - - - - - - (11.8 ) (11.8 ) At December 31, 2019 3,583.4 645.1 (1,221.0 ) (50.2 ) 14.5 156.1 (75,402.4 ) (72,274.5 ) Comprehensive income: Gains/(losses) on the translation of foreign operations 7,493.1 - - - - - - 7,493.1 Cash flow hedges - 99.4 - - - - - 99.4 Actuarial gains/(losses) - - (252.3 ) - - - - (252.3 ) Total comprehensive income 7,493.1 99.4 (252.3 ) - - - - 7,340.2 Options granted on subsidiaries - - - 45.2 (82.6 ) - - (37.4 ) Gains/(losses) on controlling interest's share - - - - 0.4 - - 0.4 Tax on deemed dividends - - - - (5.9 ) - - (5.9 ) Reversal effect of revaluation of property, plant and equipment by the predecessor accounting - - - - - - (11.8 ) (11.8 ) At December 31, 2020 11,076.5 744.5 (1,473.3 ) (5.0 ) (73.6 ) 156.1 (75,414.2 ) (64,989.0 ) (i) Adjusted balances for comparative purposes. ( d.1 The translation reserves comprise all foreign currency exchange differences arising from the translation of the financial statements with a functional currency different to the Real. The translation reserves also comprise the portion of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net investment hedges. ( d.2 The hedging reserves represent the effective portion of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not 28 Financial instruments and risks) ( d.3 Actuarial gains and losses include expectations regarding future pension plan obligations. Consequently, the results of actuarial gains and losses are recognized on a timely basis considering the best estimates available to Management. Accordingly, the Company recognizes the results of these estimated actuarial gains and losses, on a monthly basis, based on the expectations presented in the independent actuarial report. An actuarial gain of R$95.6 December 31, 2019. no December 31, 2020. ( d.4 As determined by IFRS 10, (e) Earnings per share Basic and diluted earnings per share of the stock option and deferred stock The calculation of the basic earnings per share is based on the net income attributable to the equity holders of Ambev and the proportional weighted average number of shares outstanding during the year. The diluted earnings per share of the stock option and deferred stock is based on the net income attributable to the equity holders of Ambev, adjusted by the weighted average number of shares outstanding during the year to assume the conversion of all potentially dilutive shares, as follows: Million shares 2020 2019 2018 Common Common Common Weighted average number of shares at December 31 (i) 15,733.1 15,727.5 15,718.1 Effect of shares options 134.5 141.5 138.3 Weighted average number of shares (diluted) at December 31 15,867.6 15,869.0 15,856.4 (i) Not The tables below present the calculation of earnings per share (“EPS”): 2020 2019 2018 Common Common Common Income attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Weighted average number of shares (non diluted) 15,733.1 15,727.5 15,718.1 Basic EPS (i) 0.7233 0.7490 0.6995 Income attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Weighted average numbers of shares (diluted) 15,867.6 15,869.0 15,856.4 Diluted EPS (i) 0.7171 0.7423 0.6934 (i) Expressed in Brazilian Reais. (f) Destinations At December 31, 2020, December 2020 Regarding the basis for dividends, the Company believes that the predecessor basis of accounting, as well as its presentation for comparative purposes, will not 2020 2019 2018 Net income, attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Prescribed/additional dividends 26.1 28.2 30.1 Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting 11.8 11.8 75.9 Impact of the adoption of IFRS 15 - - (355.4 ) Effect of the application of IAS 29 (hyperinflation) (i) 1,344.9 1,430.3 3,544.1 Retained earnings basis for dividends and destinations 12,762.2 13,250.3 14,289.7 Dividends and interest on capital distributed and accrued for distribution based on the net income for the year Dividends and interest on capital paid based on profit 7,716.4 7,717.4 7,545.6 Total of dividends and interest on capital 7,716.4 7,717.4 7,545.6 Percentage of distributed profit 60 % 58 % 53 % Total distributed and accrued for distribution 7,716.4 7,717.4 7,545.6 Percentage of distributed profit 60 % 58 % 53 % (i) Impact of the adoption of IFRS 15, January 1, 2018), December 31, 2018 . (ii) As described in Note 1 Application of Accounting and Financial Reporting in Hyperinflationary Economies

Note 23 - Interest-bearing Loan

Note 23 - Interest-bearing Loans and Borrowing	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of borrowings [text block]	23. INTEREST-BEARING LOANS AND BORROWING 2020 2019 Secured bank loans (i) 238.4 284.5 Unsecured bank loans (i) 1.1 212.6 Debentures and unsecured bond issues - 106.6 Other unsecured loans 98.9 94.1 Lease liabilities 1,715.1 1,711.9 Non-current liabilities 2,053.5 2,409.7 Secured bank loans (i) 1,940.8 176.7 Unsecured bank loans (i) 246.7 0.1 Debentures and unsecured bond issues 108.6 - Other unsecured loans 36.7 40.3 Lease liabilities 406.0 436.0 Current liabilities 2,738.8 653.1 (i) In the second R$3,307.0 December 31, 2020, R$1,756 fourth 2020. Additional information regarding the exposure of the Company to interest rate, foreign currency risk and debt repayment schedule are disclosed in Note 28 Financial instruments and risks At December 31, 2020 2019, 2020 2019 Debt instruments Average rate % Current Non-current Average rate % Current Non-current Debt denominated in US Dollars fixed rate 4.19 % 4.9 - 4.73 % 10.9 8.1 Debt denominated in US Dollars floating rate - - - 4.10 % 95.1 0.2 Debt denominated in CAD Dollars floating rate - - - 2.71 % 0.5 - Reais denominated floating rate (CDI and DI) 3.90 % 851.3 1.1 - - - Other Latin American currencies fixed rate 8.11 % 436.3 153.7 9.95 % 34.3 313.6 Debt denominated in CAD Dollars fixed rate 3.50 % 64.9 277.7 3.50 % 38.0 205.7 Reais denominated floating rate (TJLP and TR) 9.33 % 11.6 149.6 9.33 % 10.0 161.8 Reais debt - ICMS fixed rate 4.54 % 36.7 99.0 6.05 % 40.4 86.0 Reais debt - fixed rate 5.42 % 1,333.1 1,372.4 7.80 % 423.9 1,634.3 Total 2,738.8 2,053.5 653.1 2,409.7 Reconciliation of liabilities arising from financing activities The tables below details the changes in the Company's liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flow was, or future cash flow will be classified in the company's consolidated statement of cash flow from financing activities. Current liabilities Non-current liabilities December 31, 2019 653.1 2,409.7 Proceeds 643.3 3,124.5 Payments (2,025.4 ) (17.5 ) Foreign exchange 66.8 129.5 Transfers between current and non-current 3,713.0 (3,713.0 ) New lease agreements - 506.6 Interest on leases 186.5 - Payment of lease liabilities (498.5 ) - Other movements - (386.3 ) December 31, 2020 2,738.8 2,053.5 Contractual clauses (Covenants) As at December 31, 2020, no Additionally, all agreements with BNDES are subject to certain “provisions applicable to agreements entered into with BNDES” (“Provisions”). Such Provisions require the borrower, to obtain prior consent from BNDES if they, for instance, wish to: (i) raise new loans (except for the loans described in the Provisions); (ii) give preference and/or priority to other debts; and/or (iii) dispose of or encumber any items of their fixed assets (except as provided for within the Provisions). These clauses are applicable from the date of execution and effectiveness of each contract, to the extent that the events mentioned in the contract occur. Depending on the materiality of each event and its potential adverse effects on the Company and /or its subsidiaries or the rights of its creditors, contractual penalties may may As of December 31, 2020,

Note 24 - Employee Benefits

Note 24 - Employee Benefits	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of employee benefits [text block]	24. EMPLOYEE BENEFITS The Company sponsors pension plans with defined benefits for employees in Brazil and subsidiaries located in the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada based on employees' salaries and length of service. The entities are governed by the local regulations and practices of each individual country as well as the relationship with the Company's pension funds and their composition. Ambev provides post-employment benefits, including pension benefits and medical and dental care. Post-employment benefits are classified as either defined contribution or defined benefit plans. Defined benefit plans and the other post-employment benefits are not Defined contribution plans These plans are funded by the participants and the sponsor and are managed by administered pension funds. During 2020, R$61.1 R$29.7 R$32.2 2019 2018 no Defined benefit plans At December 31, 2020 2020 2019 2018 Present value of funded obligations (7,582.0 ) (5,958.2 ) (5,161.0 ) Fair value of plan assets 5,533.3 4,582.4 4,059.6 Present value of net obligations (2,048.7 ) (1,375.8 ) (1,101.4 ) Present value of unfunded obligations (1,195.6 ) (886.8 ) (790.9 ) Present value of net obligations (3,244.3 ) (2,262.6 ) (1,892.3 ) Asset ceiling (160.5 ) (297.3 ) (298.3 ) Net liabilities (3,404.8 ) (2,559.9 ) (2,190.6 ) Other long term employee benefits (105.5 ) (88.3 ) (88.7 ) Total employee benefits (3,510.3 ) (2,648.2 ) (2,279.3 ) Employee benefit amount in the balance sheet Liabilities (3,543.9 ) (2,704.4 ) (2,343.6 ) Assets 33.6 56.2 64.3 Net liabilities (3,510.3 ) (2,648.2 ) (2,279.3 ) The changes in the present value of the defined benefit obligations were as follow: 2020 2019 2018 Defined benefit obligation at January 1 (6,845.0 ) (5,951.9 ) (5,785.1 ) Acquisitions through shareholding exchange transactions - - 3.5 Service costs (51.4 ) (41.6 ) (42.5 ) Interest costs (339.4 ) (333.6 ) (335.7 ) Gains and (losses) on settlements or reductions in benefits 44.1 1.2 7.0 Contributions by plan participants (6.1 ) (4.3 ) (4.4 ) Actuarial gains and (losses) - geographical assumptions 54.5 0.5 9.9 Actuarial gains and (losses) - financial assumptions (443.6 ) (703.2 ) (13.1 ) Experience adjustments (180.9 ) 119.0 106.4 Effect of exchange rate fluctuations (1,531.7 ) (385.7 ) (321.0 ) Benefits paid 521.9 454.6 423.1 Defined benefit obligation at December, 31 (8,777.6 ) (6,845.0 ) (5,951.9 ) The present value of funded obligations includes R$705.0 R$694.0 2019 R$677.9 2018 two The changes in the fair value of plan assets are as follow: 2020 2019 2018 Fair value of plan assets at January 1 4,582.4 4,059.6 4,006.2 Interest income 245.2 257.5 267.8 Administrative costs (5.2 ) (4.1 ) (3.8 ) Expected return, excluding interest income 89.4 272.6 (168.8 ) Contributions by employer 306.8 226.8 213.3 Contributions by plan participants 6.3 4.5 4.7 Exchange differences 812.1 221.1 170.6 Transfers 20.0 - - Curtailments, settlements and other (1.8 ) (0.9 ) (8.0 ) Benefits paid, excluding administrative costs (521.9 ) (454.7 ) (422.4 ) Fair value of plan assets at December, 31 5,533.3 4,582.4 4,059.6 The real return on plan assets generated in 2020 R$334.7 R$530.1 2019 At December 31, 2020, R$33.6 R$56.2 December 31, 2019) not The changes in the asset ceiling not 2020 2019 2018 Asset ceiling impact at January 1 56.2 64.3 58.4 Acquisitions through shareholding exchange transaction - - (4.9 ) Interest income/(expenses) 12.2 6.9 4.2 Change in asset ceiling excluding amounts included in interest income/(expenses) (48.9 ) (9.6 ) (0.6 ) Effects of exchange rate fluctuations 14.1 1.9 7.2 Other - (7.3 ) - Asset ceiling impact at December 31 33.6 56.2 64.3 The income/(expense) recognized in the income statement with regard to defined benefit plans is detailed as follows: 2020 2019 2018 Current service costs (51.4 ) (41.6 ) (42.5 ) Administrative costs (5.2 ) (4.1 ) (3.8 ) (Gains) losses on settlement and curtailment 42.6 3.3 7.3 Income from operations (14.0 ) (42.4 ) (39.0 ) Financial costs (117.2 ) (105.3 ) (103.0 ) Total employee benefit expenses (131.2 ) (147.7 ) (142.0 ) The employee benefit revenue/(expenses) is included in the following line items in the income statement: 2020 2019 2018 Other operating income/(expenses), net - (0.2 ) - Cost of sales (28.9 ) (26.5 ) (19.2 ) Sales and marketing expenses (9.9 ) (8.9 ) (8.8 ) Administrative expenses 24.8 (6.8 ) (11.0 ) Financial expenses (117.2 ) (105.3 ) (103.0 ) (131.2 ) (147.7 ) (142.0 ) The assumptions used in the calculation of the obligations are as follow: 2020 (i) 2019 (i) 2018 (i) Discount rate 2.4% 10.0% 3.1% 9.7% 3.9% 9.6% Inflation 2.0% 3.5% 2.0% 3.8% 2.0% 4.0% Future salary increases 1.0% 7.1% 1.0% 7.1% 1.0% 7.1% Future pension increases 2.0% 3.8% 2.0% 3.8% 2.0% 4.0% Medical cost trend rate 4.5% to 6.9% p.a. reducing to 6.9% 4.5% to 7.4% p.a. reducing to 7.4% 4.5% to 7.9% p.a. reducing to 7.9% Dental claims trend rate 3.3% 3.8% 4.0% Life expectation for an over 65 years old male 84 87 83 87 83 87 Life expectation for an over 65 years old female 86 89 86 89 85 89 (i) Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada. Through its defined benefit pension plans and post-employment medical plans, the Company is exposed to a number of risks, the most significant of which are detailed below: Asset volatility The plan liabilities are calculated using a discount rate pegged to high-quality private securities; If plan assets underperform this yield, the Company's net defined benefit obligation may Changes in bond yields A decrease in corporate bond yields will increase plan liabilities, although this will be partially offset by an increase in the value of the plans' bond holdings. Inflation risk Some of the Company's pension obligations are linked to inflation, and higher inflation will lead to higher liabilities. The majority of the plan's assets are either unaffected by or only loosely correlated with inflation, meaning that an increase in inflation could potentially increase the Company's net benefit obligation. Life expectancy Most of the plans' obligations are to provide benefits for the life of the member, so increases in life expectancy will result in an increase in the plans' liabilities. Investment strategy In the case of funded plans, the Company ensures that the investment positions are managed within an asset-liability matching (“ALM”) framework to ensure long-term investments that are in line with the Company's obligations under the pension schemes. Within this framework, the Company's ALM objective is to match the assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit payments as they fall due and in the appropriate currency. The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is as follows: 2020 2019 2018 In millions of Brazilian Reais Change in assumption Increase in assumption Decrease in assumption Increase in assumption Decrease in assumption Increase in assumption Decrease in assumption Medical cost trend rate 100 bases points (139.4 ) 118.6 (47.0 ) 40.2 (113.8 ) 98.0 Discount rate 50 bases points 461.0 (492.6 ) 211.9 (225.6 ) 295.8 (314.4 ) Future salary increase 50 bases points (24.3 ) 23.3 (5.4 ) 5.1 (24.2 ) 23.0 Longevity One year (295.6 ) 287.1 (129.5 ) 125.9 (177.8 ) 174.0 The data presented in these tables are purely hypothetical and are based on changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein always affect the other assumptions at the same time and its effects are not not The plans assets at December 31, 2020, 2019 2018 2020 2019 2018 Rated Unrated Total Rated Unrated Total Rated Unrated Total Government bonds 52% - 52% 50% - 50% 50% - 50% Corporate bonds 6% - 6% 7% - 7% 7% - 7% Equity instruments 6% - 6% 13% - 13% 13% - 13% Cash 1% - 1% 1% - 1% 1% - 1% Others 35% - 35% 29% - 29% 29% - 29% The overall expected rate of return is calculated by weighting the individual rates in accordance with the expected Ambev's share of the total investment portfolio. Ambev expects to contribute approximately R$371.2 2021.

Note 25 - Share-based Payments

Note 25 - Share-based Payments	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of share-based payment arrangements [text block]	25. SHARE-BASED PAYMENTS There are different stock option and share-based payment programs which allow the employees and senior management of the Company and its subsidiaries to acquire (through the exercise of stock options) or receive shares in the Company. For all stock option programs, the fair value of the shares is estimated as at the option grant date, using the “Hull Binomial” pricing model, adjusted to reflect the IFRS 2 This current model of stock option, ruled by the Stock Option Plan of the Company (“Stock Option Plan”), includes two 1 30%, 40%, 60%, 70% 100% third five 2 may five five In addition, the Company has implemented a Share-Based Payment Plan (“Share-Based Plan”) under which certain employees and members of the management of the Company or its subsidiaries are eligible to receive shares in the Company including in the form of ADRs. The shares that are subject to the Share-Based Plan are designated as "restricted shares". Additionally, as a means of creating a long term incentive (wealth incentive) for certain senior employees and members of management, considered as having “high potential,” the Company grants, under the Share-Based Plan, shares to be delivered in the future divided into two five ten The weighted average fair value of the options and assumptions used to apply the Company's option pricing model for 2020, 2019 2018 In R$ 2020 (i) 2019 (i) 2018 (i) Fair value of options granted 4.04 4.50 5.62 Share price 18.05 17.66 18.04 Exercise price 18.05 17.66 18.04 Expected volatility 22.3 % 23.8 % 26.2 % Vesting year 5 5 5 Expected dividends 5 % 5 % 5 % Risk-free interest rate 6.8 % (ii) 7.8 % (ii) 9.6 % (ii) (i) Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate. (ii) The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs are calculated in U.S. Dollar. The total number of outstanding options developed was as follows: Thousand options 2020 2019 2018 Options outstanding at January 1 141,736 141,328 135,221 Options issued during the period 22 24,593 19,899 Options exercised during the period (5,730 ) (7,849 ) (9,988 ) Options forfeited during the period (8,763 ) (16,336 ) (3,804 ) Options outstanding at the end of the year 127,265 141,736 141,328 The range of exercise prices of the outstanding options is from R$11.97 R$0.001 2019 R$0.001 2018 R$43.95 R$34.37 2019 R$27.43 2018 6.43 6.33 2019 6.27 2018 Of the 127,265 141,736 2019 141,328 2018 36,459 2020 46,640 2019 55,538 2018 The weighted average exercise price of the options is as follows: In R$ per share 2020 2019 2018 Options outstanding at January 1 18.53 16.16 15.27 Options issued during the period 18.05 18.05 18.04 Options forfeited during the period 22.96 21.24 18.55 Options exercised during the period 8.30 9.07 7.47 Options outstanding at the end of the period 19.81 18.53 16.16 Options exercisable at the end of the period 23.70 19.12 2.25 For the options exercised during 2020, R$15.23 R$18.68 2019 R$21.83 2018 To settle the exercised stock options, the Company may During the period, the Company granted 153 208 2019 426 2018 R$2.4 2020 R$3.8 2019 R$7.5 2018 five During the period, the Company granted 21,066 11,838 2019 13,055 2018 R$315.4 2020 R$211.7 2019 R$239.1 2018 three five The total number of shares purchased by or granted to employees, as the case may Thousand deferred shares 2020 2019 2018 Deferred shares outstanding at January 1 7,926 12,308 16,300 New deferred shares during the period 153 208 426 Deferred shares granted during the period (1,901 ) (4,167 ) (3,429 ) Deferred shares forfeited during the period (113 ) (423 ) (989 ) Deferred shares outstanding at the end of the year 6,065 7,926 12,308 Thousand restricted shares 2020 2019 2018 Restricted shares outstanding at January 1 23,836 12,656 - New restricted shares during the period 21,066 11,838 13,055 Restricted shares granted during the period - - (296 ) Restricted shares forfeited during the period (1,444 ) (658 ) (103 ) Restricted shares outstanding at the end of the year 43,458 23,836 12,656 Additionally, certain employees and managers of the Company received options to acquire AB-Inbev shares, the compensation costs of which are recognized in the income statement against equity. The transactions with share-based payments described above generated an expense of R$223.1 2020 R$219.2 R$162.7 2019 2018,

Note 26 - Trade Payables

Note 26 - Trade Payables	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of trade and other payables [text block]	26. TRADE PAYABLES 2020 2019 Trade payables (I) 235.3 309.5 Non-current 655.8 309.5 Trade payables (I) 18,182.1 14,178.9 Related parties (Note 32) 1,157.1 890.7 Current 19,339.2 15,069.6 Total 19,995.0 15,379.1 (i) The nominal contractual amounts, including interest, amount to R$21,071 December 31, 2020 ( R$16,905.8 December 31, 2019).

Note 27 - Provisions

Note 27 - Provisions	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of provisions [text block]	27. PROVISIONS (a) Provision changes Balance as of December 31, 2018 Effect of changes in foreign exchange rates Additions Provisions used Provisions reversed Other movements (i) Balance as of December 31, 2019 Provision for disputes and litigations Taxes on sales 137.8 - 195.6 (113.0 ) (38.1 ) - 182.3 Income tax 169.3 1.2 181.8 (1.9 ) (98.8 ) (251.6 ) - Labor 118.2 (4.4 ) 193.1 (148.8 ) (38.0 ) - 120.1 Civil 54.9 (2.8 ) 66.0 (52.6 ) (1.5 ) - 64.0 Other taxes 110.2 (18.5 ) 49.1 (10.1 ) (24.8 ) - 105.9 Total provision for disputes and litigations 590.4 (24.5 ) 685.6 (326.4 ) (201.2 ) (251.6 ) 472.3 Restructuring 8.8 0.8 - (0.9 ) - - 8.7 Total provisions 599.2 (23.7 ) 685.6 (327.3 ) (201.2 ) (251.6 ) 481.0 (i) Refers to the adoption of IFRIC 23 Balance as of December 31, 2019 Effect of changes in foreign exchange rates Additions Provisions used Provisions reversed Balance as of December 31, 2020 Provision for disputes and litigations Taxes on sales 182.3 0.2 49.3 (17.2 ) (30.5 ) 184.1 Labor 120.1 (0.1 ) 174.0 (142.2 ) (21.9 ) 129.9 Civil 64.0 (0.8 ) 167.3 (132.2 ) (11.5 ) 86.8 Other taxes 105.9 1.0 58.2 (8.0 ) (0.4 ) 156.7 Total provision for disputes and litigations 472.3 0.3 448.8 (299.6 ) (64.3 ) 557.5 Restructuring 8.7 2.9 7.1 - (4.2 ) 14.5 Total provisions 481.0 3.2 455.9 (299.6 ) (68.5 ) 572.0 (b) Expected settlement 2020 Current Non-current Provision for disputes and litigations Taxes on sales 42.6 141.5 Labor 28.2 101.7 Civil 24.0 62.8 Other taxes 19.0 137.7 Total provision for disputes and litigations 113.8 443.7 Restructuring 11.1 3.4 Total provisions 124.9 447.1 The expected settlement of provisions was based on management's best estimate at the balance sheet date. (c) Main lawsuits with a probable likelihood of loss: ( c.1 In Brazil, the Company and its subsidiaries are parties to various administrative and judicial proceedings related to ICMS, IPI, PIS and COFINS taxes. Such proceedings include, among others, tax offsetting, credits and judicial injunctions exempting the Company from the payment of the respective taxes. ( c.2 The Company and its subsidiaries are parties to labor proceedings with former employees or former employees of service providers. The main issues involve overtime and related effects and respective charges. ( c.3 The Company is involved in civil lawsuits considered as representing a probable likelihood of loss. The most relevant portion of these lawsuits refers to former distributors, mainly in Brazil, mostly claiming damages resulting from the termination of their contracts. The processes representing possible probabilities are disclosed in Note 30 - Contingencies

Note 28 - Financial Instruments

Note 28 - Financial Instruments and Risks	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of financial instruments [text block]	28. FINANCIAL INSTRUMENTS AND RISKS Risk factors The Company is exposed to foreign currency, interest rate, commodity price, liquidity and credit risk in the ordinary course of its business. The Company analyzes each of these risks both individually and on a consolidated basis, to define strategies to manage the economic impact on risk's performance consistent with its Financial Risk Management Policy (the “Policy”). The Company's use of derivatives strictly follows the Financial Risk Management Policy approved by the Board of Directors. The policy is intended to provide guidelines for the management of the financial risks inherent to the capital markets in which Ambev operates. The policy includes four The policy establishes that all the financial assets and liabilities in each country in which Ambev operates must be denominated in their respective local currencies. The policy also sets out the procedures and controls required to identify, measure and minimize market risks, such as variations in foreign exchange rates, interest rates and commodities (mainly aluminum, wheat, corn and sugar) that may not may ten fourteen not Derivative financial instruments The derivative financial instruments authorized under the Financial Risk Management Policy include Futures contracts traded on exchanges, Full deliverable forwards, Non-deliverable forwards, Swaps and Options. At December 31, 2020, no i) Cash flow hedge derivative instruments - Highly probable forecast transactions contracted to minimize the Company's exposure to fluctuations in exchange rates and the prices of raw materials, investments, equipment and services to be procured, protected by cash flow hedges that shall occur at various different dates over the next fourteen ii) Fair value hedge derivative instruments - operations contracted for the purpose of mitigating the Company's net indebtedness against foreign exchange and interest rate risk. Net cash positions and foreign currency debts are continually assessed to identify new indications of exposure. The results of these operations, measured according to their fair value, are recognized in financial results. iii) Net investment hedge derivative instruments - transactions entered into to minimize the exposure to exchange differences arising from the conversion of net investments in the Company's subsidiaries located abroad for the purpose of translating the account balance. The effective portion of the hedge is allocated to equity, while the ineffective portion is recorded directly in the financial income statement when identified. The following tables summarize the exposure of the Company identified and protected in accordance with the Company's Risk Policy. The following classifications have been applied: Operational Hedges: Refers to exposure arising from the core business of the Company, such as purchases of inputs, purchases of fixed assets and service contracts linked to foreign currency, which are protected using derivatives. Financial Hedge: Refers to exposure arising from cash and financing activities, such as foreign currency cash and foreign currency debt, which is protected t using derivatives. Investment Hedges Abroad: Refers mainly to exposure arising from cash held in foreign currency in foreign subsidiaries, with a functional currency different from the consolidation currency. Investment Hedge - Put options granted on subsidiaries: As detailed in item IV (d) the Company constituted a liability related to the acquisition of a non-controlling interest of the operations in the Dominican Republic. This financial instrument is denominated in US Dollars (Tranche A) and Dominican Pesos (Tranche B) and is recorded by an entity, whose functional currency is the Real. The Company assigned this financial instrument as a hedging instrument for a portion of its net assets located in subsidiaries whose functional currency is the US Dollar and the Dominican Peso, in such a manner that the hedge result can be recorded in other comprehensive income of the group, following the result of the hedged item. Transactions protected by derivative financial instruments in accordance with the Financial Risk Management Policy 2020 Fair Value Gain / (Losses) Exposure Risk Notional Assets Liability Finance Result Operational Result Equity Cost (15,837.8 ) 15,588.4 364.5 (287.8 ) (1,283.7 ) 1,599.2 1,489.5 Commodities (2,629.1 ) 2,379.7 343.9 (7.8 ) (134.3 ) (104.2 ) 157.4 US Dollars (13,087.7 ) 13,087.7 8.7 (271.8 ) (1,157.1 ) 1,726.0 1,430.0 Euros (50.8 ) 50.8 1.9 (0.3 ) (3.3 ) 9.7 13.8 Mexican Pesos (70.2 ) 70.2 10.0 (7.9 ) 11.0 (32.3 ) (111.7 ) Fixed Assets (1,042.5 ) 1,042.5 1.7 (31.3 ) (274.6 ) 163.2 280.8 US Dollars (1,042.5 ) 1,042.5 1.7 (31.3 ) (274.6 ) 163.2 280.8 Expenses (345.8 ) 345.8 0.5 (10.7 ) (3.4 ) 6.1 2.7 US Dollars (345.8 ) 345.8 0.5 (10.7 ) (3.4 ) 6.1 2.7 Debts (233.3 ) - - - - - - US Dollars (4.9 ) - - - - - - Interest rates (228.4 ) - - - - - - Equity Instrument (1,740.5 ) 700.9 142.6 - (329.3 ) - - Stock exchange prices (1,740.5 ) 700.9 142.6 - (329.3 ) - - Foreign Investments - - - - 1.0 - (2.2 ) US Dollars - - - - 1.0 - (2.2 ) As at December 31, 2020 (19,199.9 ) 17,677.6 509.3 (329.8 ) (1,890.0 ) 1,768.5 1,770.8 2019 Fair Value Gain / (Losses) Exposure Risk Notional Assets Liability Finance Result Operational Result Equity Cost (11,823.8 ) 11,630.3 122.2 (266.4 ) (1,147.1 ) 873.5 652.9 Commodities (2,293.5 ) 2,100.0 36.8 (74.8 ) (57.5 ) (197.1 ) (108.3 ) US Dollars (9,192.4 ) 9,192.4 44.3 (188.6 ) (1,085.4 ) 1,132.8 795.5 Euros (177.6 ) 177.6 - (3.0 ) (3.3 ) (4.3 ) (8.8 ) Mexican Pesos (160.3 ) 160.3 41.1 - (0.9 ) (57.9 ) (25.5 ) Fixed Assets (816.9 ) 816.9 11.4 (53.8 ) (279.9 ) 202.4 199.9 US Dollars (816.9 ) 816.9 11.4 (53.8 ) (279.9 ) 202.4 199.9 Expenses (262.1 ) 262.1 2.2 (17.3 ) (5.6 ) 4.8 2.7 US Dollars (262.1 ) 262.1 2.2 (17.3 ) (5.6 ) 5.0 2.8 Rupees - - - - - (0.2 ) (0.1 ) Cash - - - - (0.1 ) - - Interest rates - - - - (0.1 ) - - Debts (362.7 ) - - - 5.9 - - US Dollars (114.3 ) - - - 0.6 - - Interest rates (248.4 ) - - - 5.3 - - Equity Instrument (1,873.4 ) 1,057.8 37.5 (17.9 ) 161.1 - - Stock Exchange Prices (1,873.4 ) 1,057.8 37.5 (17.9 ) 161.1 - - Foreign Investments - - - - - (28.5 ) 28.5 US Dollars - - - - - (28.5 ) 28.5 As at December 31, 2019 (15,138.9 ) 13,767.1 173.3 (355.4 ) (1,265.7 ) 1,052.2 884.0 I. Market risk a.1 The Company is exposed to foreign currency risk on borrowings, investments, purchases, dividends and/or interest expenses/income where these are denominated in a currency other than the functional currency of the subsidiary. The main derivative financial instruments used to manage foreign currency risk are futures contracts, swaps, options, non-deliverable forwards and full deliverable forwards. a.2 A significant portion of the Company's inputs is made up of commodities, which have historically experienced substantial price fluctuations. The Company therefore uses both fixed price purchasing contracts and derivative financial instruments to minimize its exposure to volatility in the commodity prices of aluminum, sugar, wheat and corn. These derivative financial instruments have been designated as cash flow hedges. a.3 The Company applies a dynamic interest rate hedging approach, whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of the Company's policy is to achieve an optimal balance between the cost of funding and the volatility of financial results, considering market conditions, as well as the Company's overall business strategy, which is reviewed periodically. The table below demonstrates the Company's exposure related to debts, before and after the application of the interest rate hedging strategy, within the limits established by the risk policy. In 2020, not 2020 Risk Interest rate Amount Brazilian Reais 3.9% 852.4 Post fixed interest rate 852.4 Brazilian Reais 5.4% 3,002.4 Argentinean Pesos 23.3% 4.5 Dominican Pesos 9.8% 342.7 Guatemalan Quetzal 8.4% 15.3 Other 8.1% 48.6 Bolivian Pesos 5.2% 178.9 US Dollars 4.2% 4.9 Canadian Dollars 3.5% 342.6 Pre-fixed interest rate 3,939.9 2019 Risk Interest rate Amount Brazilian Reais 9.3% 171.8 US Dollars 4.1% 95.3 Canadian Dollars 2.7% 0.5 Post-fixed interest rate 267.6 Brazilian Reais 10.4% 2,006.7 Dominican Pesos 10.0% 209.7 US Dollars 4.7% 19.1 Guatemalan Quetzal 6.3% 12.0 Canadian Dollars 3.5% 243.7 Other 9.2% 126.3 Pre-fixed interest rate 2,617.5 Sensitivity analysis The Company substantially mitigates the risks arising from non-derivative financial assets and liabilities, through the use of derivative financial instruments. In this context, the Company has identified the main risk factors that could generate losses from these derivative financial instruments, and has developed a sensitivity analysis based on three may 1 95% 21 December 31, 2020 2 25% December 31, 2020. 3 50% December 31, 2020. Transaction Risk Fair value Probable scenario Adverse scenario Remote Commodities hedge Decrease in commodities price 336.1 113.4 (258.9 ) (853.8 ) Input purchases (336.1 ) (90.2 ) 321.3 978.5 Foreign exchange hedge Foreign currency decrease (259.4 ) (369.2 ) (3,561.6 ) (6,863.7 ) Input purchases 259.4 369.2 3,561.6 6,863.7 Cost effects - 23.2 62.4 124.7 Foreign exchange hedge Foreign currency decrease (29.6 ) (33.5 ) (290.2 ) (550.8 ) Capex purchases 29.6 33.5 290.2 550.8 Fixed asset effects - - - - Foreign exchange hedge Foreign currency decrease (10.2 ) (11.6 ) (96.7 ) (183.1 ) Expenses 10.2 11.6 96.7 183.1 Expense effects - - - - Debt Foreign currency decrease - - 1.2 2.4 Interest expenses Increase in interest rate - 0.8 11.1 20.9 Debt effects - 0.8 12.3 23.3 Equity instrument hedge Stock exchange price 142.6 95.6 (32.6 ) (207.8 ) Expenses Decrease (142.6 ) (35.0 ) 292.5 727.6 Equity effects - 60.6 259.9 519.8 - 84.6 334.6 667.8 As of December 31, 2020 Notional Value Exposure Risk 2021 2022 2023 2024 >2024 Total Cost 15,511.2 77.2 - - - 15,588.4 Commodities 2,302.5 77.2 - - - 2,379.7 US Dollars 13,087.7 - - - - 13,087.7 Euros 50.8 - - - - 50.8 Mexican Pesos 70.2 - - - - 70.2 Fixed assets 1,042.5 - - - - 1,042.5 US Dollars 1,042.5 - - - - 1,042.5 Expenses 345.8 - - - - 345.8 US Dollars 345.8 - - - - 345.8 Equity instruments 700.9 - - - - 700.9 Stock prices 700.9 - - - - 700.9 17,600.4 77.2 - - - 17,677.6 Fair Value Exposure Risk 2021 2022 2023 2024 >2024 Total Costs 73.3 3.4 - - - 76.7 Commodities 332.7 3.4 - - - 336.1 US Dollars (263.1 ) - - - - (263.1 ) Euros 1.6 - - - - 1.6 Mexican Pesos 2.1 - - - - 2.1 Fixed assets (29.6 ) - - - - (29.6 ) US Dollars (29.6 ) - - - - (29.6 ) Expenses (10.2 ) - - - - (10.2 ) US Dollars (10.2 ) - - - - (10.2 ) Equity instruments 142.6 - - - - 142.6 Stock prices 142.6 - - - - 142.6 176.1 3.4 - - - 179.5 II. Credit Risk Concentration of counterparty credit risk A substantial portion of the Company's sales is made to distributors, supermarkets and retailers, through a broad distribution network. Credit risk is reduced due to the widespread number of customers and control procedures used to monitor risk. Historically, the Company has not Concentration of counterparty credit risk In order to minimize the credit risk of its investments, the Company has adopted procedures for the allocation of cash and investments, taking into consideration the credit limits and credit analysis of financial institutions, avoiding credit concentration, i.e. the credit risk is monitored and minimized by restricting negotiations to a select group of highly rated counterparties. The selection process for financial institutions authorized to operate as counterparties of the Company is set forth in the Credit Risk Policy, which also establishes exposure limits for each counterparty based on each counterparty's risk rating and capitalization. In order to minimize the credit risk on significant derivative transactions with its counterparties, the Company has adopted bilateral “trigger” clauses. According to these clauses, where the fair value of an operation exceeds a certain percentage of its notional value (generally between 10% 15% Any deposits or cash available, must be kept in accounts with top tier banks, or banks with a high credit rating in the respective country. Any position of a short-term nature (less than six Counterparty risk must be managed by the Company globally, with product limits established by the treasury area, considering: (i) the counterparty's credit rating (ii) the transaction term (iii) the amount; and (iv) the split between assets and liabilities, in the absence of a clearing clause in derivative contracts. The counterparty risk is reassessed. The carrying amounts of cash and cash equivalents, investment securities, trade receivables excluding prepaid expenses, recoverable taxes and derivative financial instruments are disclosed net of provisions for impairment, and represent the maximum exposure to credit risk as at December 31, 2020. December 31, 2020, no III. Liquidity Risk Historically, the Company's primary sources of cash flow have been cash flow from operating activities, the issuance of debt, bank borrowings and equity securities. Ambev's material cash requirements have included the following: · Debt servicing; · Capital expenditure; · Investments in companies; · Increases in the ownership of Ambev's subsidiaries or companies in which it holds equity investments; · Share buyback programs; and · Payments of dividends and interest on shareholders' equity. The Company believes that cash flows from operating activities, cash and cash equivalents and short-term investments, together with derivatives and access to loan facilities are sufficient to finance capital expenditures, financial liabilities and dividend payments in the future. 2020 Carrying Contractual Less than 1-2 years 2-3 years 3-5 years More Trade and other payables (i) 32,353.3 33,694.3 27,340.5 4,015.3 272.2 424.5 1,641.8 Secured bank loans 2,179.2 2,360.2 2,038.4 82.6 61.7 51.6 125.9 Unsecured bank loans 247.8 271.3 270.2 1.1 - - - Debentures and bonds 108.6 124.4 124.4 - - - - Unsecured other loans 135.6 307.7 52.9 42.1 31.2 19.1 162.4 Lease liabilities 2,121.1 2,715.0 532.7 558.3 398.1 566.2 659.7 37,145.6 39,472.9 30,359.1 4,699.4 763.2 1,061.4 2,589.8 2019 Carrying Contractual Less than 1-2 years 2-3 years 3-5 years More Trade and other payables (i) 25,589.6 26,899.1 21,592.0 3,332.9 286.0 221.7 1,466.5 Secured bank loans 461.2 577.8 197.6 70.3 70.9 87.9 151.1 Unsecured bank loans 212.7 214.5 21.1 190.6 2.8 - - Debentures and bonds 106.6 141.8 15.9 122.5 - 3.4 - Unsecured other loans 134.4 261.5 56.1 49.1 41.3 13.7 101.3 Lease liabilities 2,147.9 2,766.6 572.2 616.2 466.3 447.6 664.3 28,652.4 30,861.3 22,454.9 4,381.6 867.3 774.3 2,383.2 (i) Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries and charges, put options related to our participation in subsidiaries and other liabilities, except for related parties, with payment term of less than one Equity price risk Through the equity swap transactions approved on December 19, 2019, May 13, 2020 December 9, 2020 1 Corporate information not not In December 2020, R$1.7 R$1.9 December 31, 2019) R$329.3 R$161.1 December 31, 2019). IV. Capital management The Company is continuously optimizing its capital structure in order to maximize shareholder value while maintaining the desired financial flexibility to execute its strategic projects. Besides the statutory minimum equity funding requirements applicable to the Company's subsidiaries in different countries, the Company is not Financial instruments (a) Financial instruments categories The financial instruments held by the Company are managed through operational strategies and internal controls to assure liquidity, profitability, and transaction security. Transactions involving financial instruments are regularly reviewed to assets the effectiveness of the risk exposure that management intends to cover (foreign exchange, and interest rate, among others). The table below shows all of the financial instruments recognized in the financial statements, segregated by category: 2020 Amortized cost Fair value through Total Financial assets Cash and cash equivalents less bank overdrafts 17,090.3 - 17,090.3 Trade receivables excluding prepaid expenses 6,629.0 - 6,629.0 Investment securities 213.9 1,700.0 1,913.9 Derivative financial instruments - 142.6 142.6 Derivatives hedges - 366.7 366.7 Total 23,933.2 2,209.3 26,142.5 Financial liabilities Trade payables 19,995.0 - 19,995.0 Put options granted on subsidiaries - 3,493.7 3,493.7 Derivatives hedges - 329.8 329.8 Interest-bearing loans and borrowing 4,792.3 - 4,792.3 Other liabilities 2,581.0 - 2,581.0 Total 27,368.3 3,823.5 31,191.8 2019 Amortized cost Fair value through Total Financial assets Cash and cash equivalents less bank overdrafts 11,900.7 - 11,900.7 Trade receivables excluding prepaid expenses 6,456.7 - 6,456.7 Investment securities 163.6 14.6 178.2 Derivative financial instruments - 37.6 37.6 Derivatives hedges - 135.7 135.7 Total 18,521.0 187.9 18,708.9 Financial liabilities Trade payables 15,379.1 - 15,379.1 Put options granted on subsidiaries - 3,092.2 3,092.2 Derivative financial instruments - 17.9 17.9 Derivatives hedges - 337.5 337.5 Interest-bearing loans and borrowing 3,062.8 - 3,062.8 Other liabilities 1,583.8 - 1,583.8 Total 20,025.7 3,447.6 23,473.3 (b) Classification of financial instruments by type of fair value measurement IFRS 13 Also pursuant to IFRS 13, : Level 1 Level 2 1 Level 3 not 2020 2019 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets Financial asset at fair value through profit and loss 1,700.0 - - 1,700.0 14.6 - - 14.6 Derivatives assets at fair value through profit and loss - 142.6 - 142.6 - 37.6 - 37.6 Derivatives - operational hedge 85.5 281.2 - 366.7 25.1 110.6 - 135.7 1,785.5 423.8 - 2,209.3 39.7 148.2 - 187.9 Financial liabilities Financial liabilities at fair value through profit and loss - - 3,493.7 3,493.7 - - 3,092.2 3,092.2 Derivatives liabilities at fair value through profit and loss - - - - - 17.9 - 17.9 Derivatives - operational hedge 102.6 227.2 - 329.8 43.2 294.3 - 337.5 102.6 227.2 3,493.7 3,823.5 43.2 312.2 3,092.2 3,447.6 Reconciliation of changes in the assets categorized at Level 3 Financial liabilities at December 31, 2019 3,092.2 Disbursement of investments (83.5 ) Reduction (73.5 ) Total gains and losses during the period 558.5 Losses/(gains) recognized in net income (42.9 ) Losses/(gains) recognized in equity 601.4 Financial liabilities at December 31, 2020 3,493.7 (c) Fair value of financial liabilities measured at amortized cost The Company's liabilities, interest-bearing loans and borrowing, trade payables excluding tax payables, are recorded at amortized cost based on the effective rate method, plus indexation and foreign exchange gains/losses, based on the closing indices for each exercise. The financial instruments recorded at amortized cost are similar to the fair value and are not (d) Fair value of liabilities measured through profit or loss As part of the negotiations regarding the acquisition of the shares of Tenedora, the Company signed the second 15% two 12.11% 2022, 2023 2024; 2.89% 2026. 2021, 2029. December 31, 2020, two R$3,489.1. The fair value of (i) Tranche A is calculated considering the interest under the contract, plus foreign exchange variations, less the dividends paid between the date of signature of the amendment and the exercise of the option. The fair value of (ii) Tranche B is calculated based on the EBITDA multiple defined in the contract, less the net debt, brought to its present value, calculated using standard valuation techniques (the present value of the principal amount and future interest, discounted by the local currency's WACC rate as at the date of the calculation). The criteria used are based on market information from reliable sources and are categorized as “Level 3”. Calculation of the fair value of derivatives The Company measures derivative financial instruments by calculating their fair value, using market curves that impact the value of the instrument as at the computation date. In the case of swaps, the asset and the liability positions are estimated independently and brought to their fair value, equivalent to the difference between the results of the asset and liability amounts, which generates the swap's market value. For traded derivative financial instruments, the fair value is calculated based on the exchange-listed price. Margins pledged as guarantees In order to comply with the guarantee requirements regarding derivative exchanges and/or counterparties to certain operations with derivative financial instruments, as at December 31, 2020 R$798.9 R$816.9 December 31, 2019). Offsetting of financial assets and liabilities For financial assets and liabilities subject to settlement agreements on a net basis or similar agreements, each agreement between the Company and the counterparty allows this type of settlement when both parties opt for this. In the absence of such a decision, the assets and liabilities will be settled at their gross amounts, but each party shall have the option to settle on a net basis, in case of a default by the counterparty.

Note 29 - Collateral and Contra

Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Others	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of collateral and contractual commitments with suppliers, advances from customers and other [text block]	29. COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS 2020 2019 Collateral given for the Company's own liabilities 799.0 817.0 Other commitments 1,629.9 1,245.2 2,428.9 2,062.2 Commitments to suppliers 17,768.4 15,877.3 17,768.4 15,877.3 The collateral provided for liabilities totaled approximately R$2,428.9 December 31, 2020 ( R$2,062.2 December 31, 2019), R$729.2 R$693.3 December 31, 2019) December 31, 2020, R$798.9 R$816.9 December 31, 2019) 28 Financial instruments and risks Most of the balance relates to commitments to suppliers of packaging. Future contractual commitments as at December 31, 2020 2019 2020 2019 Less than 1 year 9,218.2 9,300.5 Between 1 and 2 years 2,934.8 3,861.9 More than 2 years 5,615.4 2,714.9 17,768.4 15,877.3

Note 30 - Contingencies

Note 30 - Contingencies	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of contingent liabilities [text block]	30. CONTINGENCIES The Company has contingent liabilities related to lawsuits arising in the normal course of its business. Due to their nature, such legal proceedings involve certain uncertainties including, but not Contingent liabilities with a probable outcome are fully recorded as liabilities (Note 27 Provisions The Company has lawsuits related mainly to tax for which the likelihood of loss is classified as possible by management, and for which there are no 2020 2019 Income tax and social contribution 53,898.0 43,453.0 Value-added and excise taxes 23,299.3 22,226.3 PIS and COFINS 2,746.3 3,066.8 Others 1,603.5 1,778.0 81,547.1 70,524.1 Principal lawsuits with a likelihood of possible loss Brazilian Federal Taxes Goodwill InBev Holding In December 2011, In June 2016, first The updated amount related to this uncertain tax position as of 31 December 2020 R$10.2 R$10.1 31 December 2019). not 70% Goodwill BAH In October 2013, first In April August 2018, April 2019, first November December 2019, one The updated amount related to this uncertain tax position as of 31 December 2020 R$2.3 R$2.2 December 31, 2019). not Goodwill CND Holdings In November 2017, first February 2020, The updated amount related to this uncertain tax position as of December 2020 R$1.0 R$1.1 December 31, 2019). not Foreign earnings Since 2005, The administrative proceedings have resulted in partially favorable decisions, which are still subject to review by the Administrative Court. In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first second The updated amount related to this uncertain tax position as of 31 December 2020 R$7.3 R$7.2 December 31, 2019) not amount of R$53.0 R$52.2 December 31, 2019). Disallowance of Expenses and Deductibility of Losses In 2015, 2016 2020, November 2019, first 2016 2015 2020 first The updated amount related to this uncertain tax position as of 31 December 2020 R$5.0 R$4.8 December 31, 2019). not Disallowance of taxes paid abroad Since 2014, November 2019, one 2010 In January 2020, four 2015 2016. 2015 2016 With respect to the cases related to the periods of 2015 2016, first The updated amount related to this uncertain tax position as of December, 2020 R$11.7 R$10.1 December 31, 2019). not matter based on the probability of the lawsuit. Presumed Profit In April 2016, September 2017, first January 2019, In March 2019, October 2019, first The updated amount related to this uncertain tax position as of 31 December 2020 R$519 R$506.9 December 31, 2019). not Disallowance on Income Tax deduction In January 2020, No. 2199 14/2001 October 2020, first The updated amount related to this uncertain tax position as of December, 2020 R$2.0 December 31, 2019). not matter based on the probability of the lawsuit. Deductibility of IOC expenses In November 2019, 2014. 2013 August 2020, first In December 2020, 2015 2016. January 2021. The Company also distributed IOC in the years following the assessed period, i.e. after 2016. 2016, The updated amount related to this uncertain tax position as of 31 December 2020 R$10.2 R$3.9 December 31, 2019). not matter based on the probability of the lawsuit. PIS and COFINS PIS/COFINS over bonus products Since 2015, 2020, Ambev management estimates the possible losses related to these assessments at approximately R$1.7 R$2.3 December 31, 2019) ICMS and IPI ICMS tax war Ambev is currently challenging tax assessments issued by the states of São Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS tax credits arising from transactions with companies that have tax incentives granted by other states. The cases are being challenged at both the administrative and judicial level of the courts. In August 2020, No. 628.075 No. 160/17. not Ambev's management estimates the possible losses related to these assessments to be approximately R$2.0 R$2.0 December 31, 2019) 31 December 2020 not ICMS-ST Trigger Over the years, Ambev has received tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant States, cases in which the State tax authorities understand that the calculation basis should be based on a value-added percentage over the actual prices and not Ambev management estimates the amount related to this issue to be approximately R$8.6 R$7.7 31 December 2019) 31 December 2020, no R$7.6 R$8.3 December 31, 2019) ICMS - PRODEPE In 2015, not 2017, September 2018, With regards to this new tax assessment, in June 2020 Ambev management estimates the possible losses related to this issue to be approximately R$ 615,1 R$591.9 31 December 2019) 31 December 2020. R$5,0 R$4.9 December 2019) one Manaus Free Trade Zone - IPI and PIS/COFINS In Brazil, goods manufactured within the Manaus Free Trade Zone intended for remittance elsewhere in Brazil are exempt and/or zero 2009, Ambev has also been receiving charges from the Brazilian Federal Tax Authorities in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI excise tax credits that are under discussion in these proceedings and (ii) amounts of PIS and COFINS allegedly over Arosuco's remittances to Ambev. In April 2019, No. 592,891/SP, not The cases are being challenged at both the administrative and judicial levels. Ambev management estimates the possible losses in relation to these assessments to be R$4.8 R$4.2 December 31, 2019) December, 2020. not IPI Suspension In 2014 2015, 2020, one Ambev management estimates the possible losses related to these assessments to be approximately R$1.6 R$1.7 December 2019) 31 December 2020. not ICMS - AM Ambev has also received tax assessments by the state of Amazonas to charge alleged differences in ICMS due to questions about the calculation basis applied in sales transactions by Ambev to its subsidiaries. The cases are being challenged at the administrative court. Ambev's management estimates the possible losses related to these assessments to be approximately R $509.8 R $499.0 December 2019) 31 December 2020 not Contingent assets In accordance with IAS 37 Management understands that, in cases of lawsuits involving contingent assets, a final and unappealable decision for the specific lawsuit to the Company is a condition required to confirm the existence of a right, except for specific circumstances related to the specific case that allows not PIS and COFINS Recovery - exclusion of ICMS (VAT tax) from the basis of calculation In March 2017, 574,706 In addition, the Company and its controlled companies have several lawsuits related to the matter, some with final and unappealable favorable decisions. Due to the tax regime applicable to the soft drinks and beer sector that has changed over time, the Company has lawsuits for three 1990 2009, 2009 2015 58 No. 10,833, 2003 2015 In 2019 2020, 37 25, R$5.4 R$1.1 1990 2009 March 2017 ( R$4.3 2020, 2009 2015 Regarding the amount of R$4.3 R$2.5 7 Other Operating Income (Expenses) R$1.8 11 Finance Expenses and Income For the period of the New Model before the STF decision, the Company estimates that the contingent asset corresponds to R$1.9

Note 31 - Non-cash Items

Note 31 - Non-cash Items	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of cash flow statement [text block]	31. NON-CASH ITEMS 2020 2019 2018 Cash financing cost other than interests - (2.1 ) (142.2 ) Fair value of option granted on a subsidiary 238.4 (274.3 ) (166.8 ) Exchange transaction of shareholdings - - 36.5 Effect of application of IAS 29 (hyperinflation) 232.5 339.2 32.9 Acquisition of investments payables 21.1 20.0 - Provision for taxes 108.9 - - Others - - 0.8

Note 32 - Related Parties

Note 32 - Related Parties	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of related party [text block]	32. Policy and practices regarding the realization of transactions with related parties The Company adopts the corporate governance practices recommended and/or required by the applicable laws. Under the Company's by-laws, the Board of Directors is responsible for approving any transactions or agreements between the Company and/or any of its subsidiaries (except for full subsidiaries), its directors and/or shareholders (including direct or indirect shareholders of the Company). The Antitrust Compliance and Related Parties Committee of the Company is required to advise the Board of Directors of the Company on all transactions with related parties. Management is prohibited from interfering in any transaction in which a conflict of interest exists, even in theory, with the Company's interests. Management also are not The Company's guidelines on related parties require it to follow reasonable or commutative terms, similar to those prevailing in the market, or under which the Company would contract similar transactions with third Transactions with management members In addition to short-term benefits (primarily salaries), management members are entitled to participate in the Stock Option Plan and Share-Based Payments Plan (Note 25 Share-based payments Total expenses related to the Company's management members are as follow: 2020 2019 2018 Short-term benefits (i) 26.0 31.2 24.1 Share-based payments (ii) 42.7 41.2 30.8 Total key management remuneration 68.7 72.4 54.9 (i) These mainly correspond to management's salaries and profit sharing (including performance bonuses). (ii) These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration paid to members of the Fiscal Council. Excluding the above mentioned plan (Note 25 Share-based payments no Transactions with the Company's shareholders: a ) Medical, Fundação Zerrenner is one December 31, 2020 10.2% December 31, 2020 December 31, 2019, The expenses incurred by Fundação Zerrenner for providing these benefits totaled R$237.8 R$259.6 December 31, 2019), R$209.8 R$28.0 R$229.6 R$30.0 December 31, 2019 b) Leasing Ambev, through its subsidiary BSA (labeling), has an asset leasing agreement with Fundação Zerrenner, for R$22.4 December 31, 2022. c) Leasing - Ambev. head office Ambev has a leasing agreement for two d) Licensing agreement The Company has a licensing agreement with Anheuser-Busch, Inc. to produce, bottle, sell and distribute Budweiser products in Brazil, Canada and Argentina, and sales and distribution agreements for Budweiser products in Guatemala, the Dominican Republic, Paraguay, El Salvador, Nicaragua, Uruguay, Chile, Panama, Costa Rica and Puerto Rico. In addition, the Company produces and distributes Stella Artois products under a license to ABI in Brazil and Canada and, through a license granted to ABI, also distributes Brahma products in the United States and several other countries such as the United Kingdom, Spain, Sweden, Finland and Greece. The amount recorded in relation to this agreement was R$2.1 December 31, 2020 ( R$1.8 December 31, 2019 R$2.0 December 31, 2018) R$644.0 R$456.9 December 31, 2019 R$431.6 December 31, 2018) Ambev has licensing agreements with the Group Modelo, subsidiaries of ABI to import, promote and sell Corona products (Corona Extra, Corona Light, Coronita, Pacifico and Negra Modelo) in Latin America and Canada. Transactions with related parties 2020 Current Trade receivables (i) Other trade (i) Trade payables (i) Dividends payables Dividends AB Africa 4.6 - - - - AB InBev 28.6 - (84.6 ) - - AB Package - - (321.0 ) - - AB Services 11.3 - (1.8 ) - - AB USA 36.7 6.2 (250.1 ) - - Ambrew - - - (98.7 ) - Bavaria 1.0 - (11.3 ) - - Cervecería Modelo 5.1 - (400.0 ) - - Cervecerias Peruanas 1.4 - (10.9 ) - - Inbev 0.9 79.1 (19.4 ) - - ITW International - - - (647.5 ) - Panama Holding 18.8 - (13.1 ) - 1.6 Others 10.2 1.1 (44.9 ) - - 118.6 86.4 (1,157.1 ) (746.2 ) 1.6 2019 Current Trade receivables (i) Other trade (i) Trade payables (i) Other trade payables (i) AB InBev 24.8 - (46.7 ) - AB Procurement 1.1 - (0.2 ) - AB Services 15.5 - (2.0 ) - AB USA 38.8 4.5 (180.9 ) - Bavaria 0.6 - (64.0 ) - Cervecería Modelo 16.1 - (223.1 ) - Inbev 0.7 64.5 (23.8 ) - ITW International - - (223.7 ) (108.9 ) Panama Holding 27.2 0.2 (0.2 ) - Others 18.7 0.8 (126.1 ) - 143.5 70.0 (890.7 ) (108.9 ) (i) The amount represents trading operations (purchase and sale) and reimbursements between the companies of the group. 2020 2019 Non-current Trade payables Trade payables ITW International (420.5 ) - (420.5 ) - The tables below represent the transactions with related parties, recognized in the income statement: 2020 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB InBev 0.3 - (80.6 ) (9.9 ) - AB Package - - (159.2 ) - - AB Procurement 0.2 - (0.6 ) (17.3 ) - AB USA 35.2 - (977.0 ) (3.2 ) - Bavaria 26.1 - (48.0 ) - - Cervecería Modelo (0.1 ) - (1,269.6 ) - - Cervecerías Peruanas 13.3 - (40.3 ) - - GCC India - - - (7.3 ) - Inbev (0.9 ) - (102.3 ) - - ITW International - - - - 10.5 Oriental Brewery 2.0 - - - - Others 8.5 0.2 (83.9 ) - 1.5 84.6 0.2 (2,761.5 ) (37.7 ) 12.0 2019 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB Package - - (74.6 ) - - AB USA 52.2 - (802.3 ) (2.6 ) - Cervecería Modelo 0.1 - (1,023.9 ) (2.1 ) - Inbev - - (159.3 ) - - ITW International - - - - (41.5 ) Others 4.7 0.4 (334.2 ) (17.0 ) - 57.0 0.4 (2,394.3 ) (21.7 ) (41.5 ) 2018 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB Procurement 17.0 - - - - AB USA 49.1 - (739.2 ) (2.3 ) - Ambev Peru 0.1 - - - - Cervecería Modelo 0.2 - (1,009.9 ) (5.8 ) - Inbev 0.1 - (107.1 ) - - Others 19.3 0.2 (153.5 ) (22.7 ) (8.0 ) 85.8 0.2 (2,009.7 ) (30.8 ) (8.0 ) List of companies included in the tables above AB InBev Procurement GmbH (“AB Procurement”) Ambrew S.A.R.L. (“Ambrew”) Anheuser-Busch Inbev Africa (Pty) Ltd. (“AB Africa”) Anheuser-Busch InBev N.V. (“AB InBev”) Anheuser-Busch Inbev Services LLC (“AB Services”) Anheuser-Busch Inbev USA LLC (“AB USA”) Anheuser-Busch Packaging Group Inc. (“AB Package”) Bavaria S.A. (“Bavaria”) Cervecería Modelo de Mexico S. de R.L. de C.V. (“Cervecería Modelo”) Cerveceria Nacional S de RL (“Panamá Holding”) Compañia Cervecera Ambev Peru S.A.C. (“Ambev Peru”) GCC Services India Private Ltd. (“GCC India”) Inbev Belgium N.V. (“Inbev”) Interbrew International B.V. (“ITW International”) Unión de Cervecerias Peruanas Backus Y Johnston S.A.A. (“Cervecerías Peruanas”)

Note 33 - Group Companies

Note 33 - Group Companies	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of subsidiaries [text block]	33. GROUP COMPANIES List of most significant fully consolidated companies: Argentina CERVECERIA Y MALTERIA QUILMES SAICA Y G 99.75 % Bolivia CERVECERIA BOLIVIANA NACIONAL S.A. 85.67 % Brazil AMBEV S.A. Consolidating AROSUCO AROMAS E SUCOS LTDA. 100.00 % CRBS S.A. 100.00 % CERVEJARIA Z.X. S.A. 100.00 % Canada LABATT BREWING COMPANY LTD. 100.00 % Chile CERVECERIA CHILE S.A. 100.00 % Spain JALUA SPAIN, S.L. 100.00 % Luxembourg AMBEV LUXEMBOURG 100.00 % Guatemala INDUSTRIAS DEL ATLÁNTICO S.A. 50.00 % Paraguay CERVECERIA PARAGUAYA S.A. 87.36 % Dominican Republic CERVECERÍA NACIONAL DOMINICANA, S.A. 84.71 % Uruguay LINTHAL S.A. 100.00 % CERVECERIA Y MALTERIA PAYSANDU S.A. 99.93 % MONTHIERS S.A. 100.00 % Panama Cervecería Nacional S. de R.L. 100.00 %

Note 34 - Insurance

Note 34 - Insurance	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of insurance contracts [text block]	34. INSURANCE The Company has a program of risk management requiring it to obtain insurance coverage compatible with its size and operations. Coverage was contracted at amounts considered sufficient by management to cover possible losses, considering the nature of the Company's activities, the risks involved in its operations and the guidance of its insurance advisors.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Discloure of Significant Accounting Policies
Disclosure of initial application of standards or interpretations [text block]	Change in accounting policies for the recognition of extemporaneous tax credits and debits The accounting policy for the recognition of extemporaneous (related to previous periods) tax credits and debits considered the account origin of the credit or debit up to September 30, 2020. third 2020, In the third 2020 1990 2009 2015 2015 The Company changed its accounting policy to one no not not one 8. As determined by IAS 8, October 1, 2020 2019 The balances for the year ended December 31, 2018, not 2019 Originally Adjustment (i) Restated Submitted Net sales 52,599.7 (594.6 ) 52,005.1 Cost of sales (21,678.2 ) - (21,678.2 ) Gross profit 30,921.5 (594.6 ) 30,326.9 Other items, not restated (15,724.7 ) - (15,724.7 ) Other operating income/(expenses), net 878.1 594.6 1,472.7 Income from operations 16,074.9 - 16,074.9 Finance expenses (4,748.4 ) - (4,748.4 ) Finance income 1,638.9 - 1,638.9 Net finance result (3,109.5 ) - (3,109.5 ) Share of result of joint ventures (22.3 ) - (22.3 ) Income before income tax 12,943.1 - 12,943.1 Income tax expense (754.7 ) - (754.7 ) Net income 12,188.4 - 12,188.4 Attributable to: Equity holders of Ambev 11,780.0 - 11,780.0 Non-controlling interests 408.4 - 408.4 Basic earnings per share - common - R$ 0.7490 - 0.7490 Diluted earnings per share - common - R$ 0.7423 - 0.7423 (i) The amount recognized during 2019 212.5 third 382.1 fourth
Description of accounting policy for functional currency [text block]	(a) Basis of preparation and measurement The financial statements are presented in millions of Brazilian Reais (“R$”), unless otherwise indicated, rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable value, fair value or recoverable amount.
Description of accounting policy for new IFRS releases [text block]	(b) Recently issued IFRS There were no December 31, 2020 Other Standards, Interpretations and Amendments to Standards There are no not
Description of accounting policy for the basis of consolidation [text block]	(c) Consolidated financial statements The financial statements of subsidiaries, joint arrangements and associates used in its consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent accounting policy. All intercompany transactions, balances and unrealized gains or losses on transactions between group companies have been eliminated. Subsidiaries The Company controls an entity when it is exposed to or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly or indirectly, more than half of the voting rights (which does not not Subsidiaries are consolidated from the date on which control is obtained by the Company, except when the predecessor basis of accounting is applied to transfers of common control. Consolidation is discontinued from the date on which control ceases. Ambev uses the purchase method to account for its business combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the liabilities incurred, and the equity interest issued by Ambev. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired/assumed in a business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling interest in the acquiree, either at its fair value or at the non-controlling interest's proportional share of the net assets acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition. The excess of: (i) the consideration paid; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized directly in income. All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no Joint arrangements Joint arrangements are all entities over which the Company shares control with one Business combination between entities under common control Business combinations between entities under common control have not 3 i) Predecessor basis of accounting In accordance with IAS 8, Under the predecessor basis of accounting, when accounting for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer) shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments. ii) Assets Swap For transactions between entities under common control that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 may not not Whenever assets distributed are not 17,
Description of accounting policy for foreign currency translation [text block]	(d) Foreign currency translation Functional and presentation currency The items included in the financial statements of each subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional and presentation currency of the Company financial statements is the Brazilian Real. Transactions and balances Foreign currency transactions are accounted for at the exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign currencies are recognized in the income statement. Foreign exchange gains and losses related to loans and cash and cash equivalents are presented in the statement of income as finance expenses or finance income. Conversion of the financial statements of subsidiaries located abroad Assets and liabilities of subsidiaries located abroad are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded directly in Carrying value adjustments. Upon consolidation, exchange differences arising from the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized in Carrying value adjustments, an equity reserve, and included in Other comprehensive income. The goodwill and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and are translated at the closing rate. Net investments in foreign operations An entity may not Financial reporting in hyperinflationary economies Under IAS 29, Exchange rates The most significant exchange rates used for the preparation of the Company's financial statements are as follow: Closing rate Average rate Currency Name Country 2020 2019 2018 2020 2019 2018 CAD Canadian Dollar Canada 4.0791 3.1019 2.8431 3.8119 2.9651 2.8092 DOP Dominican Peso Dominican Republic 0.0891 0.0761 0.0770 0.0907 0.0769 0.0734 USD US Dollar Panamá and Cuba (i) 5.1967 4.0307 3.8748 5.1331 3.9410 3.6348 GTQ Quetzal Guatemala 0.6700 0.5245 0.5001 0.6641 0.5120 0.4837 ARS Argentinean Peso Argentina 0.0618 0.0673 0.1025 0.0736 0.0835 0.1371 BOB Bolivian Peso Bolivia 0.7467 0.5791 0.5567 0.7375 0.5666 0.5222 PYG Guarani Paraguay 0.0007 0.0006 0.0007 0.0008 0.0006 0.0006 UYU Uruguayan Peso Uruguay 0.1227 0.1080 0.1196 0.1242 0.1118 0.1181 CLP Chilean Peso Chile 0.0073 0.0054 0.0056 0.0065 0.0056 0.0057 BBD Barbadian Dollar Barbados 2.5618 1.9870 1.9101 2.5304 1.9427 1.7918 (i) The functional currency of Cuba, the Cuban Convertible Peso (“CUC”), has a fixed parity with the US Dollar (“USD”) at the balance sheet date.
Description of accounting policy for segment reporting [text block]	(e) Segment reporting Reportable segments are identified based on the internal reporting regularly reviewed by the chief operating decision maker of the Company for the purpose of evaluating the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions. The Company's management structure and the information reported to the chief decision are structured on the same basis. Performance information by business unit (Beer and Non-alcoholic beverages (“NAB”)), is also presented to the Company's chief decision maker and is disclosed as additional information, even though it does not 5 - Segment reporting Effective from January 1, 2019, no December 31, 2019 2020 four ▪ Brazil, where we operate two ▪ Central America and Caribbean (“CAC”), which includes our direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador, Nicaragua and Honduras), Barbados and Panama; ▪ Latin America South (LAS), which includes our operations in Argentina, Bolivia, Chile, Paraguay and Uruguay; and ▪ Canada, represented by the operations of Labatt Brewing.
Description of accounting policy for recognition of revenue [text block]	(f) Revenue recognition The Company recognizes revenue when the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described below. Revenue represents the fair value of the amount received or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes, returns, rebates and discounts, as well as net of the elimination of sales between group companies. Goods sold The company recognizes revenue when its performance obligations have been satisfied, meaning when the Company transfers control of a product to a customer. Specifically, revenue recognition is based on the following five · Identification of the contract with a customer; · Identification of the performance obligations in the contract; · Determination of the transaction price; · Allocation of the transaction price to the performance obligations in the contracts; and · Revenue recognition when the performance obligations have been satisfied, meaning when the company transfers control of a product to a customer. Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These trade incentives are treated as variable consideration. If the consideration includes a variable component, the company estimates the amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not Finance income Finance income consists of interest received or receivable on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended for offsetting currency losses, gains on hedging instruments that are not Interest income is recognized on an accruals basis unless collectability is in doubt.
Description of accounting policy for expenses [text block]	(g) Expenses Finance expenses Finance expenses are comprised of interest payable on borrowing, calculated using the effective interest rate method, foreign exchange losses, losses on currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging instruments that are not All interest costs incurred in connection with borrowing or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component of finance lease payments is also recognized in the income statement using the effective interest rate method. Royalty expenses Royalties are classified as cost of goods sold.
Description of accounting policy for exceptional items [text block]	(h) Exceptional items Exceptional items are those that in Management's judgment need to be disclosed separately. In determining whether an event or transaction is special, Management considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial statements. Transactions that may
Description of accounting policy for income tax [text block]	(i) Income tax and social contribution The income tax and social contribution for the year are comprised of the current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized directly in comprehensive income or in other equity accounts. In these cases, the tax effects are also recognized directly in comprehensive income or in equity accounts (except for interest on shareholders' equity. See Note 3 The current tax expense represents the expectation of the payment of tax on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to tax payable in relation to previous years. Deferred taxes are recognized using the balance sheet liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences between the tax and accounting bases of assets and liabilities. Under this method, a provision for deferred taxes is also calculated based on the differences between the fair values of assets and liabilities acquired in a business combination and their tax basis. IAS 12 no no not Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and where these relate to income taxes levied by the same tax authority on the same taxable entity, or to different taxable entities which intend either to settle their current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. Deferred tax assets are recognized only to the extent that it is likely that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
Description of accounting policy for property, plant and equipment [text block]	(j) Property, plant and equipment Property, plant and equipment are measured at cost less accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, on an annual basis. Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. Land is not Property, plant and equipment, and depreciation include the effects of using the predecessor basis of accounting (Note 3 Subsequent expenditures The Company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing a component of such an item if it is probable that the -future economic benefits in the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred. Depreciation The depreciable amount is the cost of an asset less its residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated over the term of each contract. The estimated useful lives of the major classes of property, plant and equipment are as follow: Buildings (years) 25 Plant and equipment (years) 15 Fixtures (years) 10 Fittings (years) 10 Assets for external use / commercial assets (years) 2 - 5 The assets' residual values and useful lives are reviewed at least annually. Management uses judgment to assess and ascertain the useful lives of these assets. Gains and losses on sale Gains and losses on sales are determined by comparing the results with the carrying amounts and are recognized in Other operating income/(expenses) in the income statement. Leases Up to December 31, 2018, IFRS 16 Leases are recognized as a right-of-use asset and a corresponding liability at the date on which the leased asset becomes available for use by Company. Each lease payment is allocated between the liability and the finance expenses. Finance expenses are recognized in the statement of income over the lease period. Right-of-use assets are depreciated over the shorter of the asset's useful life and the lease term, on a straight-line basis. Assets and liabilities arising from a lease are initially measured at present value and when measuring lease liabilities, the Company discounted lease payments using incremental borrowing rates. Payments associated with short-term leases and all leases of low-value assets are recognized on a straight-line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 US$5,000
Description of accounting policy for goodwill [text block]	(k) Goodwill Goodwill arises on acquisitions of subsidiaries, associates, and joint arrangements. Goodwill is determined as the excess of: (i) the consideration paid; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired as at the date of acquisition. All business combinations are accounted for using the purchase method. In compliance with IFRS 3 not not Goodwill is expressed in the functional currency of the CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate. For associates and joint ventures, goodwill is included in the carrying amount of the investment in the associate/joint venture. If the Company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess is recognized immediately in the income statement. Expenditure on internally generated goodwill is expensed as it is incurred. Goodwill includes the effects of applying the predecessor basis of accounting (Note 3
Description of accounting policy for intangible assets other than goodwill [text block]	(l) Intangible assets Brands When a portion of the consideration paid in a business combination relates to brands, this is recognized in a specific Intangible Assets account, and measured at their fair values as at the acquisition date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development is recognized within expenses. Software Purchased software is measured at cost less accumulated amortization. Amortization related to software is included in the cost of sales, distribution and sales expenses, marketing expenses or administrative expenses, based on the business activity which the software is intended to support. Other intangible assets Other intangible assets acquired by the Company are stated at their acquisition cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the Company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization Intangible assets with definite useful lives are amortized on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for which the rights exist. Brands are considered to have indefinite lives, and therefore, are not 3 5 Items that are not
Decription of recognition of assets and liabilities relating to extemporaneous tax debits or credit [text block]	(m) Recognition of assets and liabilities relating to extemporaneous tax debits or credits The accounting policy applied by the Company considers the extemporaneous tax credits and debits of any nature as determined by IAS 37 Credits are recognized only when management has elements that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the amounts are not 30 Contingencies Debits are recognized only when (i) these are based on a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot be sufficient reliably measured, the amounts are presented in Note 30 Contingencies Contingent assets and liabilities are assessed periodically to ensure that they are appropriately reflected and disclosed in the financial statements. From October 1, 2020, one
Description of accounting policy for measuring inventories [text block]	(n) Inventory Inventory is initially recorded at the acquisition cost and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the inventory and bring it to the location and condition required for use. The weighted average method is used to determine the cost of inventory. The cost of finished products and work in progress includes raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and an allocation of fixed and variable overheads based on the normal operating capacity, we highlight that fixed costs not not 2. The amount of inventory is reduced on a case-by-case basis if the anticipated net realizable value declines below the carrying amount. The calculation of the net realizable value takes into consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators of slow-moving inventory, amongst others.
Description of accounting policy for trade and other receivables [text block]	(o) Trade receivables Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds trade and receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost using the effective interest rate method. The Company applies the IFRS 9 12 90 Other receivables are mainly composed of loans to customers, cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.
Description of accounting policy for determining components of cash and cash equivalents [text block]	(p) Cash and cash equivalents Cash and cash equivalents include all cash balances, bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value, and For the purpose of the cash flow statement, cash and cash equivalents are presented net of bank overdrafts, when applicable.
Description of accounting policy for issued capital [text block]	(q) Equity Issued capital The Company's issued capital consists only of common shares. Repurchase of shares When the Company repurchases its own shares, the amount paid, including any directly attributable additional costs are recognized as deductions from equity attributable to shareholders, in the line item “Treasury shares”. Share issuance costs Incremental costs directly attributable to the issuance of new shares or options are presented in equity as a deduction, net of tax, from the proceeds. Dividends and interest on shareholder's equity Dividends and interest on shareholders' equity are recognized in liabilities from the date on which they are approved by a Board of Directors' Meeting, except for the minimum statutory dividends provided for under the Company's bylaws, which are recognized as a liability, when applicable, at the end of each fiscal year. The interest expense attributable to capital to shareholders is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and are subsequently reclassified from shareholders' equity for presentation purposes in the financial statements.
Description of accounting policy for borrowings [text block]	(r) Interest-bearing loans and borrowings Interest-bearing loans and borrowing are recognized initially at fair value less attributable transaction costs. Subsequently to their initial recognition, interest-bearing loans and borrowing are stated at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected life of the instrument on an effective interest rate basis. Borrowing costs directly related to the acquisition, construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale, are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in which they are incurred.
Description of accounting policy for employee benefits [text block]	(s) Employee benefits Post-employment benefits Post-employment benefits include pensions managed in Brazil by Instituto Ambev de Previdência Privada (“IAPP”), post-employment dental benefits and post-employment medical benefits managed by Fundação Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants, considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations are funded using the returns on the assets of the Fundação Zerrenner plan. If necessary, the Company may The Company manages defined benefit and/or defined contribution plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada. The Company maintains both funded and unfunded plans. r.1 A defined contribution plan is a pension plan under which the Company pays fixed contributions into a fund. The Company has no not The contributions to these plans are recognized as expenses in the period during which they are incurred. r.2 Typically, defined benefit plans define an amount of pension benefit that an employee will receive upon retirement, usually dependent on one For defined benefit plans, expenses are assessed separately for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent to the government´s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan assets. Past service costs arise from the introduction of a new plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon the employee's continued employment, for a specific period of time (the period in which the rights are acquired). In such cases, past services costs are amortized using the straight-line method over the period during which the rights were acquired. Actuarial gains and losses consist of the effects of differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial gains and losses are fully recognized in Carrying value adjustments. Remeasurements, representing actuarial gains and losses, the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which they occur in the statement of comprehensive income. Remeasurements are not When the amount of the defined benefit obligation is negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available to the Company either from refunds or reductions in future contributions. Other post-employment obligations The Company and some of its subsidiaries provide post-employment medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not Termination benefits Termination benefits are recognized as expenses at the earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring. Bonuses Bonuses granted to employees and managers are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period during which the bonus is earned.
Description of accounting policy for share-based payment transactions [text block]	(t) Share-based payments Different share and share option programs allow management and other members appointed by the Board of Directors to acquire shares in the Company. The fair value of the share options is estimated at the grant date, using an option pricing model. Based on the expected number of options that will be exercised, the fair value of the options granted is recognized as an expense over the vesting period with a corresponding credit to equity. When the options are exercised, the equity is increased by the amount of the proceeds received.
Description of accounting policy for trade and other payables [text block]	(u) Trade payables Trade payables are recognized initially at their fair values and subsequently at amortized cost using the effective interest method.
Description of accounting policy for provisions [text block]	(v) Provisions Provisions are recognized when: (i) the Company has a present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to settle the current obligation; and (iii) the amount of the obligation can be estimated reliably. Provisions, except for those mentioned in the line item Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market assessments of the time value of money and, where appropriate, the risks specific to the liability. Restructuring A provision for restructuring is recognized when the Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the ongoing and future activities of the Company are not Disputes and Litigations A provision for disputes and litigation is recognized when it is more likely than not may not
Description of accounting policy for financial instruments [text block]	(w) Financial Instruments and hedge accounting Classification and Measurement The company uses financial instruments to implement its risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company's performance due to changes in foreign currencies, interest rates, equity prices and commodity prices. The Company's financial risk management policy prohibits the use of derivatives not Financial assets (except for accounts receivable without a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not Upon initial recognition, a financial asset is classified either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other comprehensive income - equity instruments; or (iv) at fair value through profit or loss. Financial assets are not first The classification of the Company's financial assets is as follows: ▪ Debt instruments at fair value through other comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt instruments held by the Company in line with its business model either to collect cash flow or for sale. ▪ Equity instruments designated as at fair value through other comprehensive income, with no not ▪ Financial assets and liabilities at FVPL: comprise derivative instruments and equity instruments which were not not The measurement of the Company's financial assets is as follows: Hedge accounting The company designates certain derivatives as hedging instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial instruments, although contracted to protect against the exposure, but not Derivative financial instruments are initially recognized at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing parties under normal market conditions. The fair value of derivative financial instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality of the counterparty. Subsequently to initial recognition, derivative financial instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where changes in fair value are recognized in comprehensive income. The company contracts commodities derivatives which have similar effective periods to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. not The cash flow, net investment and fair value hedge concepts are applicable to all instruments that meet the hedge accounting requirements under IFRS 9 Cash flow hedge accounting Cash flow hedges are used to protect the cash flow exposure of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction, the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately in the current income statement. When a hedging instrument or a hedging relationship is terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If the hedged transaction is no Fair value hedge accounting When a derivative is intended to hedge the variability in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging instrument is recognized in profit or loss. The carrying amount of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized in the income statement. Net investment hedge accounting When a non-derivative foreign currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit or loss. When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss. Derivatives at fair value through profit or loss Certain derivative financial instruments do not Impairment of financial assets On a quarterly basis, Management performs impairment testing for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is evidence of impairment as a result of one
Description of accounting policy for impairment of non-financial assets [text block]	( x Impairment of non-financial assets The carrying amounts of non-financial assets, such as property, plant and equipment, goodwill and intangible assets are reviewed, at least, at each reporting date to determine the existence of any indication of impairment. If there is any indication, the asset's recoverable amount is estimated, and the non-recoverable amount is recognized as an impairment in the income statement. Goodwill, intangible assets not one An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty stream that could be obtained from licensing the intangible asset to another party in an arm's length transaction. The recoverable amounts of other assets are determined as the higher of their fair value less costs to sell and their value in use. For an asset that does not Non-financial assets, except for goodwill, are reviewed for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset's carrying amount does not no
Description of accounting policy for government grants [text block]	(y) Government grants The Company receives benefits from Brazilian state tax incentive programs to promote industrial development including the deferred payment of taxes. These State programs are intended to promote long-term increases in employment and industrial decentralization, as well as to complement and diversify the industrial states. In the case of these States, the tax terms are set out in the tax law. When conditions for obtaining these grants exist, they are under the Company's control. The benefits of the delayed payment of such taxes are recorded in the income statement, on an accrual basis. As the interest rates and/or terms of these loans are advantageous compared to market conditions, this financing is considered as subsidized loans as intended by IAS 20. Monthly, taking into account the value of the consideration, the period to maturity, the financing contract interest rate and the above mentioned discount rate, the reduction in present value adjustment is allocated to financial income, so as to bring the balance to zero There is no 539/18 January 1, 2017 December 31,2016

Note 3 - Summary of Significa_2

Note 3 - Summary of Significant Accounting Policy (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of the effect of adoption of new accounting pronouncuement [text block]	2019 Originally Adjustment (i) Restated Submitted Net sales 52,599.7 (594.6 ) 52,005.1 Cost of sales (21,678.2 ) - (21,678.2 ) Gross profit 30,921.5 (594.6 ) 30,326.9 Other items, not restated (15,724.7 ) - (15,724.7 ) Other operating income/(expenses), net 878.1 594.6 1,472.7 Income from operations 16,074.9 - 16,074.9 Finance expenses (4,748.4 ) - (4,748.4 ) Finance income 1,638.9 - 1,638.9 Net finance result (3,109.5 ) - (3,109.5 ) Share of result of joint ventures (22.3 ) - (22.3 ) Income before income tax 12,943.1 - 12,943.1 Income tax expense (754.7 ) - (754.7 ) Net income 12,188.4 - 12,188.4 Attributable to: Equity holders of Ambev 11,780.0 - 11,780.0 Non-controlling interests 408.4 - 408.4 Basic earnings per share - common - R$ 0.7490 - 0.7490 Diluted earnings per share - common - R$ 0.7423 - 0.7423
Disclosure of effect of changes in foreign exchange rates [text block]	Closing rate Average rate Currency Name Country 2020 2019 2018 2020 2019 2018 CAD Canadian Dollar Canada 4.0791 3.1019 2.8431 3.8119 2.9651 2.8092 DOP Dominican Peso Dominican Republic 0.0891 0.0761 0.0770 0.0907 0.0769 0.0734 USD US Dollar Panamá and Cuba (i) 5.1967 4.0307 3.8748 5.1331 3.9410 3.6348 GTQ Quetzal Guatemala 0.6700 0.5245 0.5001 0.6641 0.5120 0.4837 ARS Argentinean Peso Argentina 0.0618 0.0673 0.1025 0.0736 0.0835 0.1371 BOB Bolivian Peso Bolivia 0.7467 0.5791 0.5567 0.7375 0.5666 0.5222 PYG Guarani Paraguay 0.0007 0.0006 0.0007 0.0008 0.0006 0.0006 UYU Uruguayan Peso Uruguay 0.1227 0.1080 0.1196 0.1242 0.1118 0.1181 CLP Chilean Peso Chile 0.0073 0.0054 0.0056 0.0065 0.0056 0.0057 BBD Barbadian Dollar Barbados 2.5618 1.9870 1.9101 2.5304 1.9427 1.7918
Disclosure of estimated useful lives of major property, plant and equipment classes [text block]	Buildings (years) 25 Plant and equipment (years) 15 Fixtures (years) 10 Fittings (years) 10 Assets for external use / commercial assets (years) 2 - 5

Note 5 - Segment Reporting (Tab

Note 5 - Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of reportable segments [text block]	Brazil CAC (i) Latin America - south (ii) Canada Consolidated 2020 2019 (iii) 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 (iii) 2018 Net sales 30,196.5 28,129.9 26,814.2 7,319.3 6,757.9 5,813.9 11,560.8 10,028.7 10,753.9 9,302.4 7,088.6 6,849.3 58,379.0 52,005.1 50,231.3 Cost of sales (14,112.9 ) (12,096.3 ) (10,014.8 ) (3,307.5 ) (2,934.1 ) (2,559.1 ) (5,937.4 ) (3,998.0 ) (4,261.7 ) (3,708.3 ) (2,649.8 ) (2,413.8 ) (27,066.1 ) (21,678.2 ) (19,249.4 ) Gross profit 16,083.6 16,033.6 16,799.4 4,011.8 3,823.8 3,254.8 5,623.4 6,030.7 6,492.2 5,594.1 4,438.8 4,435.5 31,312.9 30,326.9 30,981.9 Distribution expenses (4,241.9 ) (3,814.1 ) (3,641.4 ) (751.5 ) (684.3 ) (627.1 ) (1,492.8 ) (1,092.0 ) (1,055.0 ) (1,758.8 ) (1,361.0 ) (1,283.7 ) (8,245.0 ) (6,951.4 ) (6,607.2 ) Sales and marketing expenses (3,444.1 ) (3,124.8 ) (3,076.5 ) (542.4 ) (553.0 ) (561.5 ) (1,165.6 ) (1,019.7 ) (1,113.2 ) (1,222.5 ) (998.6 ) (970.1 ) (6,374.6 ) (5,696.1 ) (5,721.3 ) Administrative expenses (1,629.6 ) (1,646.8 ) (1,409.5 ) (305.0 ) (256.7 ) (282.3 ) (574.9 ) (428.8 ) (412.2 ) (439.0 ) (347.7 ) (259.4 ) (2,948.5 ) (2,680.0 ) (2,363.4 ) Other operating income/(expenses) 2,887.2 1,421.0 965.0 (23.5 ) 85.8 20.0 (159.9 ) (18.0 ) (24.6 ) (24.4 ) (16.1 ) (13.1 ) 2,679.4 1,472.7 947.3 Exceptional items (173.8 ) (328.2 ) (43.7 ) (70.5 ) (17.1 ) 62.4 (145.7 ) (51.9 ) (88.3 ) (62.0 ) - (16.8 ) (452.0 ) (397.2 ) (86.4 ) Income from operations (EBIT) 9,481.4 8,540.7 9,593.3 2,318.9 2,398.5 1,866.3 2,084.5 3,420.3 3,798.9 2,087.4 1,715.4 1,892.4 15,972.2 16,074.9 17,150.9 Net finance costs (663.9 ) (1,381.9 ) (2,353.1 ) 9.8 (110.1 ) (58.0 ) (1,731.4 ) (1,543.2 ) (1,434.3 ) (49.0 ) (74.3 ) (184.9 ) (2,434.5 ) (3,109.5 ) (4,030.3 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) (4.9 ) (2.2 ) 3.9 - - - (31.2 ) (14.5 ) 3.3 (43.3 ) (22.3 ) 1.0 Income before income tax 8,810.3 7,153.2 7,234.0 2,323.8 2,286.2 1,812.2 353.1 1,877.1 2,364.6 2,007.2 1,626.6 1,710.8 13,494.4 12,943.1 13,121.6 Income tax expense (203.1 ) 807.7 188.9 (713.2 ) (642.7 ) (473.0 ) (118.4 ) (272.3 ) (866.8 ) (727.8 ) (647.4 ) (623.0 ) (1,762.5 ) (754.7 ) (1,773.9 ) Net income 8,607.2 7,960.9 7,422.9 1,610.6 1,643.5 1,339.2 234.7 1,604.8 1,497.8 1,279.4 979.2 1,087.8 11,731.9 12,188.4 11,347.7 Normalized EBITDA 12,569.7 11,737.9 12,295.3 3,070.4 2,961.9 2,299.0 3,328.3 4,389.8 4,909.1 2,623.0 2,057.6 2,182.3 21,591.4 21,147.2 21,685.7 Exceptional items (173.8 ) (328.2 ) (43.7 ) (70.5 ) (17.1 ) 62.4 (145.7 ) (51.9 ) (88.3 ) (62.0 ) - (16.8 ) (452.0 ) (397.2 ) (86.4 ) Depreciation. amortization and impairment (2,914.5 ) (2,869.0 ) (2,658.3 ) (681.0 ) (546.3 ) (495.1 ) (1,098.1 ) (917.6 ) (1,021.9 ) (473.6 ) (342.2 ) (273.1 ) (5,167.2 ) (4,675.1 ) (4,448.4 ) Net finance cost (663.9 ) (1,381.9 ) (2,353.1 ) 9.8 (110.1 ) (58.0 ) (1,731.4 ) (1,543.2 ) (1,434.3 ) (49.0 ) (74.3 ) (184.9 ) (2,434.5 ) (3,109.5 ) (4,030.3 ) Share of the results of joint ventures (7.2 ) (5.6 ) (6.2 ) (4.9 ) (2.2 ) 3.9 - - - (31.2 ) (14.5 ) 3.3 (43.3 ) (22.3 ) 1.0 Income tax expenses (203.1 ) 807.7 188.9 (713.2 ) (642.7 ) (473.0 ) (118.4 ) (272.3 ) (866.8 ) (727.8 ) (647.4 ) (623.0 ) (1,762.5 ) (754.7 ) (1,773.9 ) Net income 8,607.2 7,960.9 7,422.9 1,610.6 1,643.5 1,339.2 234.7 1,604.8 1,497.8 1,279.4 979.2 1,087.8 11,731.9 12,188.4 11,347.7 Normalized EBITDA margin as a % 41.6 % 41.7 % 45.9 % 41.9 % 43.8 % 39.5 % 28.8 % 43.8 % 45.6 % 28.2 % 29.0 % 31.9 % 37.0 % 40.7 % 43.2 % Acquisition of property, plant and equipment 3,114.9 3,176.5 1,811.9 492.3 578.4 500.4 621.8 1,025.0 1,040.8 463.7 289.5 217.9 4,692.7 5,069.4 3,571.0 Brazil CAC (i) Latin America - South (ii) Canada Consolidated 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 2020 2019 2018 Segment assets 48,970.2 44,161.9 41,478.6 13,521.4 11,393.3 11,270.2 17,211.2 14,454.0 14,472.0 16,487.9 12,035.0 11,066.0 96,190.7 82,044.2 78,286.8 Intersegment elimination (2,187.6 ) (2,286.2 ) (2,246.5 ) Non-segmented assets 31,193.2 21,984.9 19,674.0 Total assets 125,196.3 101,742.9 95,714.3 Segment liabilities 25,032.6 19,907.4 18,252.1 4,114.2 3,932.8 3,420.9 5,156.4 4,411.8 4,484.6 6,256.6 4,078.7 3,584.8 40,559.8 32,330.7 29,742.4 Intersegment elimination (2,187.4 ) (2,286.4 ) (2,246.4 ) Non-segmented liabilities 86,823.9 71,698.6 68,218.3 Total liabilities 125,196.3 101,742.9 95,714.3 Brazil Beer NAB Total 2020 2019 (i) 2018 2020 2019 (i) 2018 2020 2019 (i) 2018 Net sales 25,953.0 23,765.5 23,008.5 4,243.5 4,364.4 3,805.7 30,196.5 28,129.9 26,814.2 Cost of sales (11,941.7 ) (10,037.9 ) (8,214.2 ) (2,171.2 ) (2,058.4 ) (1,800.6 ) (14,112.9 ) (12,096.3 ) (10,014.8 ) Gross profit 14,011.3 13,727.6 14,794.3 2,072.3 2,306.0 2,005.1 16,083.6 16,033.6 16,799.4 Distribution expenses (3,529.2 ) (3,105.5 ) (2,963.2 ) (712.7 ) (708.6 ) (678.2 ) (4,241.9 ) (3,814.1 ) (3,641.4 ) Sales and marketing expenses (3,008.9 ) (2,721.0 ) (2,894.1 ) (435.2 ) (403.8 ) (182.4 ) (3,444.1 ) (3,124.8 ) (3,076.5 ) Administrative expenses (1,395.1 ) (1,426.0 ) (1,193.1 ) (234.5 ) (220.8 ) (216.4 ) (1,629.6 ) (1,646.8 ) (1,409.5 ) Other operating income/(expenses) 2,380.3 1,110.4 740.1 506.9 310.6 224.9 2,887.2 1,421.0 965.0 Exceptional items (173.8 ) (328.2 ) (37.0 ) - - (6.7 ) (173.8 ) (328.2 ) (43.7 ) Income from operations (EBIT) 8,284.6 7,257.3 8,447.0 1,196.8 1,283.4 1,146.3 9,481.4 8,540.7 9,593.3 Net finance costs (i) (663.9 ) (1,408.9 ) (2,327.8 ) - 27.0 (25.3 ) (663.9 ) (1,381.9 ) (2,353.1 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) - - - (7.2 ) (5.6 ) (6.2 ) Income before income tax 7,613.5 5,842.8 6,113.0 1,196.8 1,310.4 1,121.0 8,810.3 7,153.2 7,234.0 Income tax expenses (203.1 ) 807.7 188.9 - - - (203.1 ) 807.7 188.9 Net income 7,410.4 6,650.5 6,301.9 1,196.8 1,310.4 1,121.0 8,607.2 7,960.9 7,422.9 Normalized EBITDA 11,011.8 10,100.8 10,800.7 1,557.9 1,637.1 1,494.6 12,569.7 11,737.9 12,295.3 Exceptional items (173.8 ) (328.2 ) (37.0 ) - - (6.7 ) (173.8 ) (328.2 ) (43.7 ) Depreciation, amortization and impairment (2,553.4 ) (2,515.3 ) (2,316.7 ) (361.1 ) (353.7 ) (341.6 ) (2,914.5 ) (2,869.0 ) (2,658.3 ) Net finance costs (663.9 ) (1,408.9 ) (2,327.8 ) - 27.0 (25.3 ) (663.9 ) (1,381.9 ) (2,353.1 ) Share of results of joint ventures (7.2 ) (5.6 ) (6.2 ) - - - (7.2 ) (5.6 ) (6.2 ) Income tax expenses (203.1 ) 807.7 188.9 - - - (203.1 ) 807.7 188.9 Net income 7,410.4 6,650.5 6,301.9 1,196.8 1,310.4 1,121.0 8,607.2 7,960.9 7,422.9 Normalized EBITDA margin as a % 42.4 % 42.5 % 46.9 % 36.7 % 37.5 % 39.3 % 41.6 % 41.7 % 45.9 %

Note 6 - Net Sales (Tables)

Note 6 - Net Sales (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of the reconciliation between gross sales and net sales [text block]	2020 2019 (i) 2018 Gross sales and/or services 85,221.2 76,286.6 73,628.9 Excise duty (18,259.7 ) (16,431.3 ) (15,876.6 ) Discounts (8,582.5 ) (7,850.2 ) (7,521.0 ) 58,379.0 52,005.1 50,231.3

Note 7 - Other Operating Inco_2

Note 7 - Other Operating Income (Expenses) (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of other operating income (expense) portions [text block]	2020 2019 (i) 2018 Government grants/NPV of long-term fiscal incentives 735.9 761.3 820.1 Extemporaneous credits/(debits) (ii) 2,121.3 594.6 - (Additions)/reversals of provisions (70.1 ) (37.7 ) (42.0 ) Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates 27.2 30.7 (29.8 ) Other operating income/(expenses), net (134.9 ) 123.8 199.0 2,679.4 1,472.7 947.3

Note 8 - Exceptional Items (Tab

Note 8 - Exceptional Items (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of exceptional items included in the income statement [text block]	2020 2019 2018 Result from shareholding exchange transaction (i) - - 30.0 Restructuring (ii) (146.5 ) (101.8 ) (175.5 ) Costs arising from business combinations (18.2 ) - - Result on sales of subsidiaries (iii) - - 78.6 Acquisitions of subsidiaries - - (1.5 ) Effects of the application of IAS 29 (hyperinflation) (9.3 ) (5.3 ) (18.0 ) State amnesties (iv) - (290.1 ) - Impacts of COVID-19 (v) (263.2 ) - - Stella recall (14.8 ) - - (452.0 ) (397.2 ) (86.4 )

Note 9 - Payroll and Related _2

Note 9 - Payroll and Related Benefits (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of payroll and related benefits [text block]	2020 2019 2018 Wages and salaries 3,736.5 3,700.6 3,422.0 Social security contributions 851.8 822.9 789.3 Other personnel costs 836.9 764.9 726.6 Increase in liabilities for defined benefit plans 131.2 147.7 142.0 Share-based payments 223.1 219.2 162.7 Contributions to defined contribution plans 61.1 29.7 32.2 5,840.6 5,685.0 5,274.8
Disclosure of payroll and related benefits affecting the income statement [text block]	2020 2019 2018 Cost of sales 2,175.1 1,976.7 1,814.7 Distribution expenses 1,130.4 1,014.5 987.7 Sales and marketing expenses 1,333.7 1,231.3 1,239.0 Administrative expenses 1,089.2 1,338.8 1,085.4 Net finance costs 44.1 89.2 103.0 Other operating income/(expenses), net 2.2 1.3 - Exceptional items 65.9 33.2 45.0 5,840.6 5,685.0 5,274.8

Note 10 - Additional Informat_2

Note 10 - Additional Information on Cost of Sales and Operating Expenses by Nature (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of depreciation and amortisation expense [text block]	Depreciation and impairment of property, plant and equipment Amortization of intangible assets 2020 2019 2018 2020 2019 2018 Cost of sales (i) 2,980.4 2,671.6 2,681.9 15.7 12.4 10.3 Distribution expenses 441.7 649.0 570.9 - - - Sales and marketing expenses 787.9 557.7 586.0 219.9 319.4 117.1 Administrative expenses 453.6 272.0 306.9 276.1 195.5 175.2 4,663.6 4,150.3 4,145.7 511.7 527.3 302.6

Note 11 - Finance Expenses an_2

Note 11 - Finance Expenses and Income (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of finance cost [text block]	2020 2019 2018 Interest expense (1,786.6 ) (1,514.3 ) (1,488.1 ) Capitalized borrowings - - 0.4 Net Interest on pension plans (117.2 ) (105.3 ) (103.0 ) Losses on hedging instruments and exclusive investment funds (i) (1,919.3 ) (1,286.0 ) (1,181.2 ) Interest on provision for disputes and litigation (208.8 ) (163.9 ) (132.7 ) Exchange variations (706.4 ) (637.2 ) (756.9 ) Interest and foreign exchange rate on loans to/from related parties - (41.5 ) (8.0 ) Financial instruments at fair value through profit or loss (4.3 ) (310.4 ) (107.1 ) Tax on financial transactions (335.0 ) (202.1 ) (337.6 ) Bank guarantee expenses (188.0 ) (136.2 ) (126.3 ) Other financial results (164.9 ) (172.1 ) (264.6 ) (5,430.5 ) (4,569.0 ) (4,505.1 ) Exceptional finance expense - (179.4 ) (179.1 ) (5,430.5 ) (4,748.4 ) (4,684.2 )
Disclosure of interest expense [text block]	2020 2019 2018 Financial instruments measured at amortized cost (776.0 ) (520.9 ) (597.6 ) Financial instruments at fair value through profit or loss (1,010.6 ) (993.4 ) (890.5 ) (1,786.6 ) (1,514.3 ) (1,488.1 )
Disclosure of finance income [text block]	2020 2019 2018 Interest income 2,245.5 1,068.0 454.0 Interest and foreign exchange rate on loans to/from related parties 10.6 - - Financial instruments at fair value through profit or loss 242.6 37.2 - Other financial results 49.9 26.3 17.4 2,548.6 1,131.5 471.4 Exceptional finance income - 161.2 - Effect of application of IAS 29 (hyperinflation) 447.4 346.2 182.5 2,996.0 1,638.9 653.9
Disclosure of interest income [text block]	2020 2019 2018 Cash and cash equivalents 234.6 454.8 270.7 Investment securities held for trading 4.3 0.1 12.9 Other receivables (i) 2,006.6 613.1 170.4 2,245.5 1,068.0 454.0

Note 12 - Income Tax and Soci_2

Note 12 - Income Tax and Social Contribution (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of income tax [text block]	2020 2019 2018 Income tax expenses - current (1,048.9 ) (1,118.1 ) (1,833.5 ) Deferred tax expense on temporary differences (1,576.0 ) 277.1 (230.4 ) Deferred tax over taxes losses carried forward movements in the current period 862.4 86.3 290.0 Total deferred tax (expense)/income (713.6 ) 363.4 59.6 Total income tax expenses (1,762.5 ) (754.7 ) (1,773.9 )
Disclosure of reconciliation from the weighted nominal to the effective tax rate [text block]	2020 2019 2018 Profit before tax 13,494.4 12,943.1 13,121.6 Adjustment on a taxable basis Other non-taxable income (i) (630.8 ) (1,067.1 ) (502.3 ) Government grants related to sales taxes (1,624.9 ) (1,896.0 ) (1,807.3 ) Share of the result of joint ventures 43.3 22.3 (1.0 ) Non-deductible expenses 356.5 378.2 306.8 Addition of income tax of foreign subsidiaries due in Brazil 463.0 210.9 503.0 12,101.5 10,591.4 11,620.8 Aggregated weighted nominal tax rate 30.26 % 28.94 % 30.17 % Taxes payable - nominal rate (3,662.1 ) (3,064.7 ) (3,505.5 ) Adjustments to tax expenses Income tax incentives 123.2 245.9 219.7 Deductible interest on shareholders' equity 2,213.2 2,623.8 1,710.4 Tax savings based on the amortization of goodwill 77.5 80.5 72.3 Withholding income tax (628.2 ) (420.3 ) (220.0 ) Recognition/(write-off) of deferred charges on tax losses 123.2 (377.4 ) (41.6 ) Effect of the application of IAS 29 (hyperinflation) (50.5 ) 1.4 (107.3 ) Other with reduced taxation (i) 41.2 156.1 98.1 Income tax and social contribution expense (1,762.5 ) (754.7 ) (1,773.9 ) Effective tax rate 13.06 % 5.83 % 13.52 %

Note 13 - Property, Plant and_2

Note 13 - Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of detailed information about property, plant and equipment [text block]	2020 2019 Property, plant and equipment 22,852.9 20,547.7 Right of use assets 1,915.5 2,028.6 24,768.4 22,576.3
Reconciliation of Changes in Property, Plant and Equipment [text block]	Land and buildings Plant and equipment Fixtures and fittings Under construction Total Acquisition cost At December 31, 2018 10,375.6 28,075.8 5,690.6 1,422.1 45,564.1 Effect of movements in foreign exchange in the balance sheet (240.9 ) (979.5 ) (300.8 ) (19.5 ) (1,540.7 ) Effect of the application of IAS 29 (hyperinflation) 291.3 1,169.9 399.6 11.1 1,871.9 Acquisition through business combinations 0.2 - 2.1 5.7 8.0 Acquisitions 14.8 606.1 147.9 3,707.1 4,475.9 Disposals and write-off (33.4 ) (739.3 ) (133.3 ) - (906.0 ) Transfers to other asset categories 479.3 1,543.1 561.6 (2,942.2 ) (358.2 ) At December 31, 2019 10,886.9 29,676.1 6,367.7 2,184.3 49,115.0 Effects of movements in foreign exchange in the balance sheet 724.8 1,811.9 392.1 173.2 3,102.0 Effect of the application of IAS 29 (hyperinflation) 310.5 1,160.4 291.8 130.3 1,893.0 Acquisition through business combinations 4.0 9.8 1.7 - 15.5 Acquisitions 17.2 514.8 74.3 3,815.6 4,421.9 Disposals and write-offs (23.7 ) (1,422.2 ) (247.0 ) 0.2 (1,692.7 ) Transfers to other asset categories 465.4 2,286.6 338.8 (3,472.9 ) (382.1 ) At December 31, 2020 12,385.1 34,037.4 7,219.4 2,830.7 56,472.6 Land and buildings Plant and equipment Fixtures and fittings Under construction Total Depreciation and impairment At December 31, 2018 (3,031.5 ) (18,247.1 ) (4,185.1 ) - (25,463.7 ) Effect of movements in foreign exchange in the balance sheet 23.9 549.1 237.9 - 810.9 Effect of the application of IAS 29 (hyperinflation) (51.1 ) (686.0 ) (288.1 ) - (1,025.2 ) Depreciation (350.3 ) (2,516.6 ) (663.2 ) - (3,530.1 ) Disposals and write-offs 9.2 649.8 125.2 - 784.2 Others (0.8 ) (130.9 ) (11.7 ) - (143.4 ) At December 31, 2019 (3,400.6 ) (20,381.7 ) (4,785.0 ) - (28,567.3 ) Effect of movements in foreign exchange in the balance sheet (174.3 ) (1,205.7 ) (278.5 ) - (1,658.5 ) Effect of the application of IAS 29 (hyperinflation) (51.4 ) (670.4 ) (300.0 ) - (1,021.8 ) Depreciation (401.8 ) (2,795.4 ) (699.2 ) - (3,896.4 ) Disposals and write-offs 7.8 1,409.0 245.9 - 1,662.7 Transfers to other asset categories 29.8 (3.6 ) 22.0 - 48.2 Others (3.1 ) (183.2 ) (0.3 ) - (186.6 ) At December 31, 2020 (3,993.6 ) (23,831.0 ) (5,795.1 ) - (33,619.7 ) Carrying amount: At December 31, 2019 7,486.3 9,294.4 1,582.7 2,184.3 20,547.7 At December 31, 2020 8,391.5 10,206.4 1,424.3 2,830.7 22,852.9 Buildings Plant and equipment Others Total Acquisition cost At December 31, 2018 972.5 1,343.3 78.3 2,394.1 Effect of movements in foreign exchange in the balance sheet 17.7 0.6 1.2 19.5 Additions (i) 317.8 521.2 59.8 898.8 Transfers from (to) other asset categories 31.8 - 16.9 48.7 At December 31, 2019 (i) 1,339.8 1,865.1 156.2 3,361.1 Effect of movements in foreign exchange in the balance sheet 131.8 8.2 9.3 149.3 Additions 321.8 32.6 12.2 366.6 Transfers from (to) other asset categories (1.8 ) - (2.2 ) (4.0 ) At December 31, 2020 1,791.6 1,905.9 175.5 3,873.0 Buildings Plant and equipment Others Total Depreciation and impairment At December 31, 2018 (308.4 ) (490.7 ) (57.4 ) (856.5 ) Effect of movements in foreign exchange in the balance sheet (4.6 ) (0.5 ) (0.6 ) (5.7 ) Depreciation (173.3 ) (263.3 ) (30.6 ) (467.2 ) Transfer (from) to other asset categories (8.2 ) (2.4 ) 7.5 (3.1 ) At December 31, 2019 (494.5 ) (756.9 ) (81.1 ) (1,332.5 ) Effect of movements in foreign exchange in the balance sheet (40.9 ) (4.5 ) (3.9 ) (49.3 ) Depreciation (280.7 ) (256.5 ) (43.4 ) (580.6 ) Transfers (from) to other asset categories 3.2 - 1.7 4.9 At December 31, 2020 (812.9 ) (1,017.9 ) (126.7 ) (1,957.5 ) Carrying amount: At December 31, 2019 845.3 1,108.2 75.1 2,028.6 At December 31, 2020 978.7 888.0 48.8 1,915.5
Average discount rate applied for IFRS 16 [Text Block]	Rate % Lease Term 2020 2019 2018 2020-2025 10.54 % 6.63 % 12.61 % 2026-2030 8.19 % 8.33 % 11.83 % 2031-2035 10.97 % 9.00 % 13.54 %

Note 14 - Goodwill (Tables)

Note 14 - Goodwill (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of reconciliation of changes in goodwill [text block]	2020 2019 Balance at the end of the previous year 35,009.9 34,276.2 Effect of movements in foreign exchange in the balance sheet 4,006.9 16.1 Effect of application of IAS 29 (hyperinflation) 605.4 691.2 Acquisitions, (write-offs) and disposal through business combinations 401.3 26.4 Balance at the end of the year 40,023.5 35,009.9
Disclosure of information for cash-generating units [text block]	Functional currency 2020 2019 Brazil BRL 17,696.7 17,694.8 Goodwill 102,939.3 102,937.4 Non-controlling transactions (i) (85,242.6 ) (85,242.6 ) CAC: Dominican Republic DOP 4,080.7 3,476.9 Panama PAB 1,806.5 1,400.5 Latin America - South: Argentina ARS 2,415.2 1,972.2 Bolivia BOB 1,838.2 1,425.7 Chile CLP 63.9 47.3 Paraguay PYG 998.9 836.6 Uruguay UYU 182.0 160.1 Canada CAD 10,941.4 7,995.8 40,023.5 35,009.9
Disclosure of significant unobservable inputs used in fair value measurement of assets [text block]	CGU 2020 Chile 7.21 % Brazil 9.67 %

Note 15 - Intangible (Tables)

Note 15 - Intangible (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of detailed information about intangible assets [text block]	Distribution Brands contracts Software Others Total Acquisition cost At December 31, 2018 4,701.3 2,393.1 1,446.5 621.8 9,162.7 Effect of movements in foreign exchange in the balance sheet (360.9 ) (13.7 ) (77.6 ) (37.7 ) (489.9 ) Effect of application of IAS 29 (hyperinflation) 385.7 30.9 92.0 44.6 553.2 Additions 0.2 539.5 25.1 50.0 614.8 Disposals (0.2 ) - (0.4 ) - (0.6 ) Acquisitions through business combinations - - - 2.6 2.6 Transfers to other asset categories 18.1 6.5 315.6 (18.0 ) 322.2 At December 31, 2019 4,744.2 2,956.3 1,801.2 663.3 10,165.0 Effect of movements in foreign exchange in the balance sheet 646.7 75.3 40.6 73.4 836.0 Effect of application of IAS 29 (hyperinflation) 348.2 28.5 85.3 203.8 665.8 Additions 9.1 168.7 20.2 72.8 270.8 Disposal - (0.6 ) (0.5 ) - (1.1 ) Acquisitions through business combination 27.6 - - - 27.6 Transfers to other assets categories (122.5 ) 56.3 291.4 87.5 312.7 At December 31, 2020 5,653.3 3,284.5 2,238.2 1,100.8 12,276.8 Amortization and impairment losses (i) At December 31, 2018 - (2,011.8 ) (940.9 ) (369.4 ) (3,322.1 ) Effect of movements in foreign exchange in the balance sheet - 27.8 51.5 40.0 119.3 Effect of application of IAS 29 (hyperinflation) - (28.2 ) (59.5 ) (42.5 ) (130.2 ) Amortization - (316.4 ) (182.7 ) (28.2 ) (527.3 ) Disposals - - 0.4 - 0.4 Transfers to other assets categories - - 0.1 1.2 1.3 At December 31, 2019 - (2,328.6 ) (1,131.1 ) (398.9 ) (3,858.6 ) Effect of movements in foreign exchange in the balance sheet - 6.8 (25.6 ) (33.4 ) (52.2 ) Effect of application of IAS 29 (hyperinflation) - (28.4 ) (57.7 ) (191.0 ) (277.1 ) Amortization - (234.2 ) (247.3 ) (30.2 ) (511.7 ) Disposals - - 0.5 - 0.5 Transfers to other assets categories - - 2.9 - 2.9 At December 31, 2020 - (2,584.4 ) (1,458.3 ) (653.5 ) (4,696.2 ) Carrying amount: At December 31, 2019 4,744.2 627.7 670.1 264.4 6,306.4 At December 31, 2020 5,653.3 700.1 779.9 447.3 7,580.6
Disclosure of intangible assets with indefinite useful life [text block]	2020 2019 Argentina 1,523.0 1,193.9 Bolivia 890.9 691.0 Brazil 3.3 11.6 Canada 218.5 266.3 Chile 94.4 69.9 Luxembourg 339.6 339.6 Paraguay 568.4 476.2 Dominican Republic 1,534.9 1,310.4 Panama 357.4 277.2 Uruguay 122.9 108.1 5,653.3 4,744.2

Note 16 - Investment Securiti_2

Note 16 - Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of investment securities portions [text block]	2020 2019 Debt held-to-maturity (i) 213.9 163.6 Non-current investments in securities 213.9 163.6 Financial assets at fair value through profit or loss-held for trading 1,700.0 14.6 Current investments in securities 1,700.0 14.6 Total 1,913.9 178.2

Note 17 - Deferred Income Tax_2

Note 17 - Deferred Income Tax and Social Contribution (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of the applied rates for deferred income and social contribution [text block]	Central America and the Caribbean from 15% to 27% Latin America - South (i) from 10% to 30% Canada 26.5%
Disclosure of temporary difference, unused tax losses and unused tax credits [text block]	2020 2019 Assets Liabilities Net Assets Liabilities Net Investments in securities 10.1 - 10.1 10.0 - 10.0 Intangibles - (1,253.0 ) (1,253.0 ) - (1,067.5 ) (1,067.5 ) Employee benefits 971.2 (3.0 ) 968.2 750.0 (3.9 ) 746.1 Trade payables 3,917.1 (230.3 ) 3,686.8 2,330.3 (246.6 ) 2,083.7 Trade receivables 53.0 - 53.0 45.5 (3.3 ) 42.2 Derivatives 36.3 (118.7 ) (82.4 ) 38.9 (217.2 ) (178.3 ) Interest-Bearing Loans and Borrowings - (1.8 ) (1.8 ) - - - Inventory 288.7 (67.6 ) 221.1 372.0 (67.1 ) 304.9 Property, plant and equipment 430.8 (1,609.0 ) (1,178.2 ) 290.4 (1,423.4 ) (1,133.0 ) Withholding tax on undistributed profits and royalties - (1,538.8 ) (1,538.8 ) - (1,115.1 ) (1,115.1 ) Investments in joint ventures - (421.6 ) (421.6 ) - (421.6 ) (421.6 ) Losses carried forward 1,739.7 - 1,739.7 877.3 (148.4 ) 728.9 Provisions 636.0 (1.3 ) 634.7 465.9 (2.3 ) 463.6 Impact of the adoption of IFRS 16 (Leases) 124.2 (1.6 ) 122.6 44.6 (1.9 ) 42.7 ICMS on the assessment bases of PIS/COFINS - (1,460.8 ) (1,460.8 ) - - - Other items 79.2 (61.4 ) 17.8 89.0 (16.6 ) 72.4 Gross deferred tax assets / (liabilities) 8,286.3 (6,768.9 ) 1,517.4 5,313.9 (4,734.9 ) 579.0 Netting by taxable entity (3,725.5 ) 3,725.5 - (2,363.8 ) 2,363.8 - Net deferred tax assets / (liabilities) 4,560.8 (3,043.4 ) 1,517.4 2,950.1 (2,371.1 ) 579.0
Disclosure of the realization of deferred tax assets and liabilities [text block]	2020 Deferred taxes not related to tax losses to be realized until 12 months to be realized after 12 months Total Investments in securities - 10.1 10.1 Intangibles (1.4 ) (1,251.6 ) (1,253.0 ) Employee benefits 56.3 911.9 968.2 Trade payables (204.9 ) 3,891.7 3,686.8 Trade receivables 44.6 8.4 53.0 Derivatives (83.1 ) 0.7 (82.4 ) Interest-bearing loans and borrowing (1.6 ) (0.2 ) (1.8 ) Inventory 244.2 (23.1 ) 221.1 Property, plant and equipment 62.3 (1,240.5 ) (1,178.2 ) Withholding tax on undistributed profits and royalties (165.7 ) (1,373.1 ) (1,538.8 ) Investments in joint ventures - (421.6 ) (421.6 ) Provisions 335.6 299.1 634.7 Impact of the adoption of IFRS 16 (Leases) (0.7 ) 123.3 122.6 ICMS on the assessment bases of PIS/COFINS - (1,460.8 ) (1,460.8 ) Other items 35.9 (18.1 ) 17.8 Total 321.5 (543.8 ) (222.3 )
Disclosure of deferred tax realization related to tax losses [text block]	Deferred tax related to tax losses 2020 2021 599.8 2022 383.4 2023 153.4 2024 263.8 2025 95.8 2026 to 2028 207.4 2029 to 2030 (i) 36.1 Total 1,739.7
Disclosure of the reconciliation of changes in deferred tax liability (asset) [text block]	At December 31, 2018 (359.9 ) Recognition of actuarial gains/(losses) 80.9 Investment hedge - put option on a subsidiary's interest (13.0 ) Cash flow hedge - gains/(losses) 106.7 Gains/(losses) on the translation of other foreign operations 660.5 Recognized in other comprehensive income 835.1 Recognized in the income statement 363.4 Changes directly in the balance sheet (259.6 ) Recognized in deferred tax (263.5 ) Effect of application of IAS 29 (hyperinflation) (263.5 ) Recognized in other groups in the balance sheet 3.9 At December 31, 2019 579.0 Recognition of actuarial gains/(losses) 56.2 Investment hedges in foreign operations (1.0 ) Investment hedges - put option of a subsidiary's interest 191.5 Cash flow hedge - gains/(losses) 96.8 Gains/(losses) on the translation of other foreign operations 1,529.5 Recognized in other comprehensive income 1,873.0 Recognized in the income statement (713.6 ) Changes directly in the balance sheet (221.0 ) Recognized in deferred tax (174.3 ) Effect of application of IAS 29 (hyperinflation) (174.3 ) Recognized in other groups in the of balance sheet (46.7 ) At December 31, 2020 1,517.4

Note 18 - Recoverable Taxes (Ta

Note 18 - Recoverable Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Classifications of recoverable taxes [text block]	2020 2019 PIS/COFINS exclusion of ICMS (i) 5,183.4 283.6 ICMS 266.5 212.5 Others 245.9 175.0 Non-current 5,695.8 671.1 PIS/COFINS 712.0 1,429.3 ICMS 563.4 573.6 IPI 177.0 144.5 Others 75.5 95.3 Current 1,527.9 2,242.7 Total 7,223.7 2,913.8

Note 19 - Inventories (Tables)

Note 19 - Inventories (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of inventory components [text block]	2020 2019 Finished goods 2,575.5 2,080.7 Work in progress 518.3 450.8 Raw materials and consumables 3,513.0 2,637.4 Spare parts and others 758.8 602.6 Prepayments 381.4 328.3 Impairment losses (141.1 ) (121.2 ) 7,605.9 5,978.6

Note 20 - Trade Receivables (Ta

Note 20 - Trade Receivables (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of current trade receivables [text block]	2020 2019 Trade receivables 4,861.0 4,955.5 Bad debt provision (676.5 ) (603.5 ) Trade receivables, net 4,184.5 4,352.0 Related parties (Note 32) 118.6 143.5 Total current trade receivables 4,303.1 4,495.5
Disclosure of maturity of the current trade receivables [text block]	Net carrying amount as of December 31, No past due Past due - until 30 days Past due - between 31 - 60 days Past due - between 61 - 90 days Past due - between 91 - 180 days Past due - between 181 - 360 days Past due 360 days Trade receivables 4,861.0 3,925.9 187.5 53.2 19.0 38.2 71.1 566.1 Bad debt provision (676.5 ) (5.8 ) - - (4.3 ) (29.2 ) (71.1 ) (566.1 ) 2020 4,184.5 3,920.1 187.5 53.2 14.7 9.0 - - Trade receivables 4,955.5 3,852.3 255.2 82.4 74.5 111.1 74.1 505.9 Bad debt provision (603.5 ) (5.8 ) (0.1 ) (0.2 ) (0.5 ) (16.9 ) (74.1 ) (505.9 ) 2019 4,352.0 3,846.5 255.1 82.2 74.0 94.2 - -

Note 21 - Cash and Cash Equiv_2

Note 21 - Cash and Cash Equivalents (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of components in cash and cash equivalents [text block]	2020 2019 Short term bank deposits (i) 10,968.0 6,289.6 Current bank accounts 5,860.9 5,403.6 Cash 261.4 207.5 Cash and cash equivalents 17,090.3 11,900.7

Note 22 - Changes in Equity (Ta

Note 22 - Changes in Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of issued capital [text block]	2020 2019 Millions of commom shares Millions of Reais Millions of commom shares Millions of Reais Beginning balance 15,733.6 57,866.8 15,722.1 57,710.2 Capital increase (i) 1.5 32.3 11.5 156.6 Final balance (ii) 15,735.1 57,899.1 15,733.6 57,866.8
Disclosure of classes of capital reserves [text block]	Capital Reserves Treasury shares Share premium Other capital reserves Share-based payments Total At January 1, 2019 (882.7 ) 53,662.8 700.9 1,300.3 54,781.3 Capital increase (43.6 ) - - (100.2 ) (143.8 ) Purchases of shares and results from treasury shares (28.9 ) - - - (28.9 ) Share-based payments - - - 202.9 202.9 At December 31, 2019 (955.2 ) 53,662.8 700.9 1,403.0 54,811.5 Capital increase - - - (32.3 ) (32.3 ) Purchases of shares and results from treasury shares 13.5 - - - 13.5 Share-based payments - - - 192.9 192.9 At December 31, 2020 (941.7 ) 53,662.8 700.9 1,563.6 54,985.6
Disclosure of treasury shares [text block]	Acquisition /realization of shares Result on Treasury Shares Total Treasury Shares Millions of shares Millions of Brazilian Reais Millions of shares Millions of Brazilian Reais At January 1, 2019 1.0 (20.9 ) (861.8 ) (882.7 ) Changes during the year 2.6 (47.3 ) (25.2 ) (72.5 ) At December 31, 2019 3.6 (68.2 ) (887.0 ) (955.2 ) Changes during the year (3.4 ) 65.0 (51.5 ) 13.5 At December 31, 2020 0.2 (3.2 ) (938.5 ) (941.7 )
Disclosure of net income reserves [text block]	Net income reserves Investments reserve Statutory reserve Fiscal incentive Total At January 1, 2019 6,617.3 4.5 8,719.5 15,341.3 Fiscal incentives reserve - - 1,352.1 1,352.1 Investments reserve 4,180.8 - - 4,180.8 At December 31, 2019 10,798.1 4.5 10,071.6 20,874.2 Fiscal incentives reserve - - 1,332.8 1,332.8 Investments reserve 3,713.0 - - 3,713.0 At December 31, 2020 14,511.1 4.5 11,404.4 25,920.0
Disclosure of interest on shareholders' equity and dividends [text block]	Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 12/21/2020 Dividends 01/28/2021 2020 ON 0.0767 1,206.9 Board of Directors Meeting 12/09/2020 Interest on shareholders' equity 12/30/2020 2020 ON 0.4137 6,509.5 7,716.4 Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 12/02/2019 Interest on shareholders' equity 12/30/2019 2019 ON 0.4906 7,717.4 7,717.4 Event Approval Type Date of payment Year Type of share Amount per share Total amount Board of Directors Meeting 05/15/2018 Dividends 07/30/2018 2018 ON 0.1600 2,515.1 Board of Directors Meeting 12/03/2018 Interest on shareholders' equity 12/28/2018 2018 ON 0.3200 5,030.5 7,545.6
Disclosure of changes in carrying value of equity [text block]	Carrying value adjustments Translation reserves Cash flow hedge Actuarial gains/ (losses) Put option granted on subsidiary (i) Gains/(losses) on non-controlling interest´s share (i) Business combination Accounting adjustments for transactions between shareholders Total At January 1, 2019 4,089.2 777.3 (1,116.2 ) (120.2 ) 19.6 156.1 (75,390.6 ) (71,584.8 ) Comprehensive income: Gains/(losses) on translation of foreign operations (505.8 ) - - - - - - (505.8 ) Cash flow hedges - (132.2 ) - - - - - (132.2 ) Actuarial gains/(losses) - - (104.8 ) - - - - (104.8 ) Total comprehensive income (505.8 ) (132.2 ) (104.8 ) - - - - (742.8 ) Options granted on subsidiaries - - - 70.0 - - - 70.0 Gains/(losses) on controlling interest´s share - - - - (0.5 ) - - (0.5 ) Tax on deemed dividends - - - - (4.6 ) - - (4.6 ) Reversal effect of revaluation of property, plant and equipment by the predecessor accounting - - - - - - (11.8 ) (11.8 ) At December 31, 2019 3,583.4 645.1 (1,221.0 ) (50.2 ) 14.5 156.1 (75,402.4 ) (72,274.5 ) Comprehensive income: Gains/(losses) on the translation of foreign operations 7,493.1 - - - - - - 7,493.1 Cash flow hedges - 99.4 - - - - - 99.4 Actuarial gains/(losses) - - (252.3 ) - - - - (252.3 ) Total comprehensive income 7,493.1 99.4 (252.3 ) - - - - 7,340.2 Options granted on subsidiaries - - - 45.2 (82.6 ) - - (37.4 ) Gains/(losses) on controlling interest's share - - - - 0.4 - - 0.4 Tax on deemed dividends - - - - (5.9 ) - - (5.9 ) Reversal effect of revaluation of property, plant and equipment by the predecessor accounting - - - - - - (11.8 ) (11.8 ) At December 31, 2020 11,076.5 744.5 (1,473.3 ) (5.0 ) (73.6 ) 156.1 (75,414.2 ) (64,989.0 )
Disclosure of earnings per share [text block]	Million shares 2020 2019 2018 Common Common Common Weighted average number of shares at December 31 (i) 15,733.1 15,727.5 15,718.1 Effect of shares options 134.5 141.5 138.3 Weighted average number of shares (diluted) at December 31 15,867.6 15,869.0 15,856.4
Earnings per share [text block]	2020 2019 2018 Common Common Common Income attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Weighted average number of shares (non diluted) 15,733.1 15,727.5 15,718.1 Basic EPS (i) 0.7233 0.7490 0.6995 Income attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Weighted average numbers of shares (diluted) 15,867.6 15,869.0 15,856.4 Diluted EPS (i) 0.7171 0.7423 0.6934
Disclosure for the basis of dividends [text block]	2020 2019 2018 Net income, attributable to the equity holders of Ambev 11,379.4 11,780.0 10,995.0 Prescribed/additional dividends 26.1 28.2 30.1 Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting 11.8 11.8 75.9 Impact of the adoption of IFRS 15 - - (355.4 ) Effect of the application of IAS 29 (hyperinflation) (i) 1,344.9 1,430.3 3,544.1 Retained earnings basis for dividends and destinations 12,762.2 13,250.3 14,289.7 Dividends and interest on capital distributed and accrued for distribution based on the net income for the year Dividends and interest on capital paid based on profit 7,716.4 7,717.4 7,545.6 Total of dividends and interest on capital 7,716.4 7,717.4 7,545.6 Percentage of distributed profit 60 % 58 % 53 % Total distributed and accrued for distribution 7,716.4 7,717.4 7,545.6 Percentage of distributed profit 60 % 58 % 53 %

Note 23 - Interest-bearing Lo_2

Note 23 - Interest-bearing Loans and Borrowing (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of total liabilities [text block]	2020 2019 Secured bank loans (i) 238.4 284.5 Unsecured bank loans (i) 1.1 212.6 Debentures and unsecured bond issues - 106.6 Other unsecured loans 98.9 94.1 Lease liabilities 1,715.1 1,711.9 Non-current liabilities 2,053.5 2,409.7 Secured bank loans (i) 1,940.8 176.7 Unsecured bank loans (i) 246.7 0.1 Debentures and unsecured bond issues 108.6 - Other unsecured loans 36.7 40.3 Lease liabilities 406.0 436.0 Current liabilities 2,738.8 653.1
Disclosure of detailed information about borrowings [text block]	2020 2019 Debt instruments Average rate % Current Non-current Average rate % Current Non-current Debt denominated in US Dollars fixed rate 4.19 % 4.9 - 4.73 % 10.9 8.1 Debt denominated in US Dollars floating rate - - - 4.10 % 95.1 0.2 Debt denominated in CAD Dollars floating rate - - - 2.71 % 0.5 - Reais denominated floating rate (CDI and DI) 3.90 % 851.3 1.1 - - - Other Latin American currencies fixed rate 8.11 % 436.3 153.7 9.95 % 34.3 313.6 Debt denominated in CAD Dollars fixed rate 3.50 % 64.9 277.7 3.50 % 38.0 205.7 Reais denominated floating rate (TJLP and TR) 9.33 % 11.6 149.6 9.33 % 10.0 161.8 Reais debt - ICMS fixed rate 4.54 % 36.7 99.0 6.05 % 40.4 86.0 Reais debt - fixed rate 5.42 % 1,333.1 1,372.4 7.80 % 423.9 1,634.3 Total 2,738.8 2,053.5 653.1 2,409.7
Reconciliation of liabilities arising from financing activities [text block]	Current liabilities Non-current liabilities December 31, 2019 653.1 2,409.7 Proceeds 643.3 3,124.5 Payments (2,025.4 ) (17.5 ) Foreign exchange 66.8 129.5 Transfers between current and non-current 3,713.0 (3,713.0 ) New lease agreements - 506.6 Interest on leases 186.5 - Payment of lease liabilities (498.5 ) - Other movements - (386.3 ) December 31, 2020 2,738.8 2,053.5

Note 24 - Employee Benefits (Ta

Note 24 - Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of net defined benefit liability (asset) [text block]	2020 2019 2018 Present value of funded obligations (7,582.0 ) (5,958.2 ) (5,161.0 ) Fair value of plan assets 5,533.3 4,582.4 4,059.6 Present value of net obligations (2,048.7 ) (1,375.8 ) (1,101.4 ) Present value of unfunded obligations (1,195.6 ) (886.8 ) (790.9 ) Present value of net obligations (3,244.3 ) (2,262.6 ) (1,892.3 ) Asset ceiling (160.5 ) (297.3 ) (298.3 ) Net liabilities (3,404.8 ) (2,559.9 ) (2,190.6 ) Other long term employee benefits (105.5 ) (88.3 ) (88.7 ) Total employee benefits (3,510.3 ) (2,648.2 ) (2,279.3 ) Employee benefit amount in the balance sheet Liabilities (3,543.9 ) (2,704.4 ) (2,343.6 ) Assets 33.6 56.2 64.3 Net liabilities (3,510.3 ) (2,648.2 ) (2,279.3 )
Disclosure of defined benefit obligation [text block]	2020 2019 2018 Defined benefit obligation at January 1 (6,845.0 ) (5,951.9 ) (5,785.1 ) Acquisitions through shareholding exchange transactions - - 3.5 Service costs (51.4 ) (41.6 ) (42.5 ) Interest costs (339.4 ) (333.6 ) (335.7 ) Gains and (losses) on settlements or reductions in benefits 44.1 1.2 7.0 Contributions by plan participants (6.1 ) (4.3 ) (4.4 ) Actuarial gains and (losses) - geographical assumptions 54.5 0.5 9.9 Actuarial gains and (losses) - financial assumptions (443.6 ) (703.2 ) (13.1 ) Experience adjustments (180.9 ) 119.0 106.4 Effect of exchange rate fluctuations (1,531.7 ) (385.7 ) (321.0 ) Benefits paid 521.9 454.6 423.1 Defined benefit obligation at December, 31 (8,777.6 ) (6,845.0 ) (5,951.9 )
Disclosure of the change in fair value of the plan assets [text block]	2020 2019 2018 Fair value of plan assets at January 1 4,582.4 4,059.6 4,006.2 Interest income 245.2 257.5 267.8 Administrative costs (5.2 ) (4.1 ) (3.8 ) Expected return, excluding interest income 89.4 272.6 (168.8 ) Contributions by employer 306.8 226.8 213.3 Contributions by plan participants 6.3 4.5 4.7 Exchange differences 812.1 221.1 170.6 Transfers 20.0 - - Curtailments, settlements and other (1.8 ) (0.9 ) (8.0 ) Benefits paid, excluding administrative costs (521.9 ) (454.7 ) (422.4 ) Fair value of plan assets at December, 31 5,533.3 4,582.4 4,059.6
Disclosure of asset ceiling [text block]	2020 2019 2018 Asset ceiling impact at January 1 56.2 64.3 58.4 Acquisitions through shareholding exchange transaction - - (4.9 ) Interest income/(expenses) 12.2 6.9 4.2 Change in asset ceiling excluding amounts included in interest income/(expenses) (48.9 ) (9.6 ) (0.6 ) Effects of exchange rate fluctuations 14.1 1.9 7.2 Other - (7.3 ) - Asset ceiling impact at December 31 33.6 56.2 64.3
Disclosure of defined benefit plans recognized in the income statement [text block]	2020 2019 2018 Current service costs (51.4 ) (41.6 ) (42.5 ) Administrative costs (5.2 ) (4.1 ) (3.8 ) (Gains) losses on settlement and curtailment 42.6 3.3 7.3 Income from operations (14.0 ) (42.4 ) (39.0 ) Financial costs (117.2 ) (105.3 ) (103.0 ) Total employee benefit expenses (131.2 ) (147.7 ) (142.0 )
Disclosure of employee benefit revenue (expenses) allocation in income statement [text block]	2020 2019 2018 Other operating income/(expenses), net - (0.2 ) - Cost of sales (28.9 ) (26.5 ) (19.2 ) Sales and marketing expenses (9.9 ) (8.9 ) (8.8 ) Administrative expenses 24.8 (6.8 ) (11.0 ) Financial expenses (117.2 ) (105.3 ) (103.0 ) (131.2 ) (147.7 ) (142.0 )
Disclosure of actuarial assumptions of the entity [text block]	2020 (i) 2019 (i) 2018 (i) Discount rate 2.4% 10.0% 3.1% 9.7% 3.9% 9.6% Inflation 2.0% 3.5% 2.0% 3.8% 2.0% 4.0% Future salary increases 1.0% 7.1% 1.0% 7.1% 1.0% 7.1% Future pension increases 2.0% 3.8% 2.0% 3.8% 2.0% 4.0% Medical cost trend rate 4.5% to 6.9% p.a. reducing to 6.9% 4.5% to 7.4% p.a. reducing to 7.4% 4.5% to 7.9% p.a. reducing to 7.9% Dental claims trend rate 3.3% 3.8% 4.0% Life expectation for an over 65 years old male 84 87 83 87 83 87 Life expectation for an over 65 years old female 86 89 86 89 85 89
Disclosure of sensitivity analysis for actuarial assumptions [text block]	2020 2019 2018 In millions of Brazilian Reais Change in assumption Increase in assumption Decrease in assumption Increase in assumption Decrease in assumption Increase in assumption Decrease in assumption Medical cost trend rate 100 bases points (139.4 ) 118.6 (47.0 ) 40.2 (113.8 ) 98.0 Discount rate 50 bases points 461.0 (492.6 ) 211.9 (225.6 ) 295.8 (314.4 ) Future salary increase 50 bases points (24.3 ) 23.3 (5.4 ) 5.1 (24.2 ) 23.0 Longevity One year (295.6 ) 287.1 (129.5 ) 125.9 (177.8 ) 174.0
Disclosure of plan assets components [text block]	2020 2019 2018 Rated Unrated Total Rated Unrated Total Rated Unrated Total Government bonds 52% - 52% 50% - 50% 50% - 50% Corporate bonds 6% - 6% 7% - 7% 7% - 7% Equity instruments 6% - 6% 13% - 13% 13% - 13% Cash 1% - 1% 1% - 1% 1% - 1% Others 35% - 35% 29% - 29% 29% - 29%

Note 25 - Share-based Payments

Note 25 - Share-based Payments (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block]	In R$ 2020 (i) 2019 (i) 2018 (i) Fair value of options granted 4.04 4.50 5.62 Share price 18.05 17.66 18.04 Exercise price 18.05 17.66 18.04 Expected volatility 22.3 % 23.8 % 26.2 % Vesting year 5 5 5 Expected dividends 5 % 5 % 5 % Risk-free interest rate 6.8 % (ii) 7.8 % (ii) 9.6 % (ii)
Disclosure of the number of outstanding options [text block]	Thousand options 2020 2019 2018 Options outstanding at January 1 141,736 141,328 135,221 Options issued during the period 22 24,593 19,899 Options exercised during the period (5,730 ) (7,849 ) (9,988 ) Options forfeited during the period (8,763 ) (16,336 ) (3,804 ) Options outstanding at the end of the year 127,265 141,736 141,328
Disclosure of weighted average exercise prices of share options [text block]	In R$ per share 2020 2019 2018 Options outstanding at January 1 18.53 16.16 15.27 Options issued during the period 18.05 18.05 18.04 Options forfeited during the period 22.96 21.24 18.55 Options exercised during the period 8.30 9.07 7.47 Options outstanding at the end of the period 19.81 18.53 16.16 Options exercisable at the end of the period 23.70 19.12 2.25
Disclosure of number and weighted average exercise prices of other equity instruments [text block]	Thousand deferred shares 2020 2019 2018 Deferred shares outstanding at January 1 7,926 12,308 16,300 New deferred shares during the period 153 208 426 Deferred shares granted during the period (1,901 ) (4,167 ) (3,429 ) Deferred shares forfeited during the period (113 ) (423 ) (989 ) Deferred shares outstanding at the end of the year 6,065 7,926 12,308 Thousand restricted shares 2020 2019 2018 Restricted shares outstanding at January 1 23,836 12,656 - New restricted shares during the period 21,066 11,838 13,055 Restricted shares granted during the period - - (296 ) Restricted shares forfeited during the period (1,444 ) (658 ) (103 ) Restricted shares outstanding at the end of the year 43,458 23,836 12,656

Note 26 - Trade Payables (Table

Note 26 - Trade Payables (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of the components of trade payables [text block]	2020 2019 Trade payables (I) 235.3 309.5 Non-current 655.8 309.5 Trade payables (I) 18,182.1 14,178.9 Related parties (Note 32) 1,157.1 890.7 Current 19,339.2 15,069.6 Total 19,995.0 15,379.1

Note 27 - Provisions (Tables)

Note 27 - Provisions (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of other provisions [text block]	Balance as of December 31, 2018 Effect of changes in foreign exchange rates Additions Provisions used Provisions reversed Other movements (i) Balance as of December 31, 2019 Provision for disputes and litigations Taxes on sales 137.8 - 195.6 (113.0 ) (38.1 ) - 182.3 Income tax 169.3 1.2 181.8 (1.9 ) (98.8 ) (251.6 ) - Labor 118.2 (4.4 ) 193.1 (148.8 ) (38.0 ) - 120.1 Civil 54.9 (2.8 ) 66.0 (52.6 ) (1.5 ) - 64.0 Other taxes 110.2 (18.5 ) 49.1 (10.1 ) (24.8 ) - 105.9 Total provision for disputes and litigations 590.4 (24.5 ) 685.6 (326.4 ) (201.2 ) (251.6 ) 472.3 Restructuring 8.8 0.8 - (0.9 ) - - 8.7 Total provisions 599.2 (23.7 ) 685.6 (327.3 ) (201.2 ) (251.6 ) 481.0 Balance as of December 31, 2019 Effect of changes in foreign exchange rates Additions Provisions used Provisions reversed Balance as of December 31, 2020 Provision for disputes and litigations Taxes on sales 182.3 0.2 49.3 (17.2 ) (30.5 ) 184.1 Labor 120.1 (0.1 ) 174.0 (142.2 ) (21.9 ) 129.9 Civil 64.0 (0.8 ) 167.3 (132.2 ) (11.5 ) 86.8 Other taxes 105.9 1.0 58.2 (8.0 ) (0.4 ) 156.7 Total provision for disputes and litigations 472.3 0.3 448.8 (299.6 ) (64.3 ) 557.5 Restructuring 8.7 2.9 7.1 - (4.2 ) 14.5 Total provisions 481.0 3.2 455.9 (299.6 ) (68.5 ) 572.0
Disclosure of the disbursement expectative of the provisions [text block]	2020 Current Non-current Provision for disputes and litigations Taxes on sales 42.6 141.5 Labor 28.2 101.7 Civil 24.0 62.8 Other taxes 19.0 137.7 Total provision for disputes and litigations 113.8 443.7 Restructuring 11.1 3.4 Total provisions 124.9 447.1

Note 28 - Financial Instrumen_2

Note 28 - Financial Instruments and Risks (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of financial risk management [text block]	2020 Fair Value Gain / (Losses) Exposure Risk Notional Assets Liability Finance Result Operational Result Equity Cost (15,837.8 ) 15,588.4 364.5 (287.8 ) (1,283.7 ) 1,599.2 1,489.5 Commodities (2,629.1 ) 2,379.7 343.9 (7.8 ) (134.3 ) (104.2 ) 157.4 US Dollars (13,087.7 ) 13,087.7 8.7 (271.8 ) (1,157.1 ) 1,726.0 1,430.0 Euros (50.8 ) 50.8 1.9 (0.3 ) (3.3 ) 9.7 13.8 Mexican Pesos (70.2 ) 70.2 10.0 (7.9 ) 11.0 (32.3 ) (111.7 ) Fixed Assets (1,042.5 ) 1,042.5 1.7 (31.3 ) (274.6 ) 163.2 280.8 US Dollars (1,042.5 ) 1,042.5 1.7 (31.3 ) (274.6 ) 163.2 280.8 Expenses (345.8 ) 345.8 0.5 (10.7 ) (3.4 ) 6.1 2.7 US Dollars (345.8 ) 345.8 0.5 (10.7 ) (3.4 ) 6.1 2.7 Debts (233.3 ) - - - - - - US Dollars (4.9 ) - - - - - - Interest rates (228.4 ) - - - - - - Equity Instrument (1,740.5 ) 700.9 142.6 - (329.3 ) - - Stock exchange prices (1,740.5 ) 700.9 142.6 - (329.3 ) - - Foreign Investments - - - - 1.0 - (2.2 ) US Dollars - - - - 1.0 - (2.2 ) As at December 31, 2020 (19,199.9 ) 17,677.6 509.3 (329.8 ) (1,890.0 ) 1,768.5 1,770.8 2019 Fair Value Gain / (Losses) Exposure Risk Notional Assets Liability Finance Result Operational Result Equity Cost (11,823.8 ) 11,630.3 122.2 (266.4 ) (1,147.1 ) 873.5 652.9 Commodities (2,293.5 ) 2,100.0 36.8 (74.8 ) (57.5 ) (197.1 ) (108.3 ) US Dollars (9,192.4 ) 9,192.4 44.3 (188.6 ) (1,085.4 ) 1,132.8 795.5 Euros (177.6 ) 177.6 - (3.0 ) (3.3 ) (4.3 ) (8.8 ) Mexican Pesos (160.3 ) 160.3 41.1 - (0.9 ) (57.9 ) (25.5 ) Fixed Assets (816.9 ) 816.9 11.4 (53.8 ) (279.9 ) 202.4 199.9 US Dollars (816.9 ) 816.9 11.4 (53.8 ) (279.9 ) 202.4 199.9 Expenses (262.1 ) 262.1 2.2 (17.3 ) (5.6 ) 4.8 2.7 US Dollars (262.1 ) 262.1 2.2 (17.3 ) (5.6 ) 5.0 2.8 Rupees - - - - - (0.2 ) (0.1 ) Cash - - - - (0.1 ) - - Interest rates - - - - (0.1 ) - - Debts (362.7 ) - - - 5.9 - - US Dollars (114.3 ) - - - 0.6 - - Interest rates (248.4 ) - - - 5.3 - - Equity Instrument (1,873.4 ) 1,057.8 37.5 (17.9 ) 161.1 - - Stock Exchange Prices (1,873.4 ) 1,057.8 37.5 (17.9 ) 161.1 - - Foreign Investments - - - - - (28.5 ) 28.5 US Dollars - - - - - (28.5 ) 28.5 As at December 31, 2019 (15,138.9 ) 13,767.1 173.3 (355.4 ) (1,265.7 ) 1,052.2 884.0
Disclosure of detailed information about hedging instruments [text block]	2020 Risk Interest rate Amount Brazilian Reais 3.9% 852.4 Post fixed interest rate 852.4 Brazilian Reais 5.4% 3,002.4 Argentinean Pesos 23.3% 4.5 Dominican Pesos 9.8% 342.7 Guatemalan Quetzal 8.4% 15.3 Other 8.1% 48.6 Bolivian Pesos 5.2% 178.9 US Dollars 4.2% 4.9 Canadian Dollars 3.5% 342.6 Pre-fixed interest rate 3,939.9 2019 Risk Interest rate Amount Brazilian Reais 9.3% 171.8 US Dollars 4.1% 95.3 Canadian Dollars 2.7% 0.5 Post-fixed interest rate 267.6 Brazilian Reais 10.4% 2,006.7 Dominican Pesos 10.0% 209.7 US Dollars 4.7% 19.1 Guatemalan Quetzal 6.3% 12.0 Canadian Dollars 3.5% 243.7 Other 9.2% 126.3 Pre-fixed interest rate 2,617.5
Sensitivity analysis for types of market risk [text block]	Transaction Risk Fair value Probable scenario Adverse scenario Remote Commodities hedge Decrease in commodities price 336.1 113.4 (258.9 ) (853.8 ) Input purchases (336.1 ) (90.2 ) 321.3 978.5 Foreign exchange hedge Foreign currency decrease (259.4 ) (369.2 ) (3,561.6 ) (6,863.7 ) Input purchases 259.4 369.2 3,561.6 6,863.7 Cost effects - 23.2 62.4 124.7 Foreign exchange hedge Foreign currency decrease (29.6 ) (33.5 ) (290.2 ) (550.8 ) Capex purchases 29.6 33.5 290.2 550.8 Fixed asset effects - - - - Foreign exchange hedge Foreign currency decrease (10.2 ) (11.6 ) (96.7 ) (183.1 ) Expenses 10.2 11.6 96.7 183.1 Expense effects - - - - Debt Foreign currency decrease - - 1.2 2.4 Interest expenses Increase in interest rate - 0.8 11.1 20.9 Debt effects - 0.8 12.3 23.3 Equity instrument hedge Stock exchange price 142.6 95.6 (32.6 ) (207.8 ) Expenses Decrease (142.6 ) (35.0 ) 292.5 727.6 Equity effects - 60.6 259.9 519.8 - 84.6 334.6 667.8
Disclosure of notional and fair value amounts per financial instrument and maturity [text block]	Notional Value Exposure Risk 2021 2022 2023 2024 >2024 Total Cost 15,511.2 77.2 - - - 15,588.4 Commodities 2,302.5 77.2 - - - 2,379.7 US Dollars 13,087.7 - - - - 13,087.7 Euros 50.8 - - - - 50.8 Mexican Pesos 70.2 - - - - 70.2 Fixed assets 1,042.5 - - - - 1,042.5 US Dollars 1,042.5 - - - - 1,042.5 Expenses 345.8 - - - - 345.8 US Dollars 345.8 - - - - 345.8 Equity instruments 700.9 - - - - 700.9 Stock prices 700.9 - - - - 700.9 17,600.4 77.2 - - - 17,677.6 Fair Value Exposure Risk 2021 2022 2023 2024 >2024 Total Costs 73.3 3.4 - - - 76.7 Commodities 332.7 3.4 - - - 336.1 US Dollars (263.1 ) - - - - (263.1 ) Euros 1.6 - - - - 1.6 Mexican Pesos 2.1 - - - - 2.1 Fixed assets (29.6 ) - - - - (29.6 ) US Dollars (29.6 ) - - - - (29.6 ) Expenses (10.2 ) - - - - (10.2 ) US Dollars (10.2 ) - - - - (10.2 ) Equity instruments 142.6 - - - - 142.6 Stock prices 142.6 - - - - 142.6 176.1 3.4 - - - 179.5
Disclosure of terms and debt repayments [text block]	2020 Carrying Contractual Less than 1-2 years 2-3 years 3-5 years More Trade and other payables (i) 32,353.3 33,694.3 27,340.5 4,015.3 272.2 424.5 1,641.8 Secured bank loans 2,179.2 2,360.2 2,038.4 82.6 61.7 51.6 125.9 Unsecured bank loans 247.8 271.3 270.2 1.1 - - - Debentures and bonds 108.6 124.4 124.4 - - - - Unsecured other loans 135.6 307.7 52.9 42.1 31.2 19.1 162.4 Lease liabilities 2,121.1 2,715.0 532.7 558.3 398.1 566.2 659.7 37,145.6 39,472.9 30,359.1 4,699.4 763.2 1,061.4 2,589.8 2019 Carrying Contractual Less than 1-2 years 2-3 years 3-5 years More Trade and other payables (i) 25,589.6 26,899.1 21,592.0 3,332.9 286.0 221.7 1,466.5 Secured bank loans 461.2 577.8 197.6 70.3 70.9 87.9 151.1 Unsecured bank loans 212.7 214.5 21.1 190.6 2.8 - - Debentures and bonds 106.6 141.8 15.9 122.5 - 3.4 - Unsecured other loans 134.4 261.5 56.1 49.1 41.3 13.7 101.3 Lease liabilities 2,147.9 2,766.6 572.2 616.2 466.3 447.6 664.3 28,652.4 30,861.3 22,454.9 4,381.6 867.3 774.3 2,383.2
Disclosure of detailed information about financial instruments [text block]	2020 Amortized cost Fair value through Total Financial assets Cash and cash equivalents less bank overdrafts 17,090.3 - 17,090.3 Trade receivables excluding prepaid expenses 6,629.0 - 6,629.0 Investment securities 213.9 1,700.0 1,913.9 Derivative financial instruments - 142.6 142.6 Derivatives hedges - 366.7 366.7 Total 23,933.2 2,209.3 26,142.5 Financial liabilities Trade payables 19,995.0 - 19,995.0 Put options granted on subsidiaries - 3,493.7 3,493.7 Derivatives hedges - 329.8 329.8 Interest-bearing loans and borrowing 4,792.3 - 4,792.3 Other liabilities 2,581.0 - 2,581.0 Total 27,368.3 3,823.5 31,191.8 2019 Amortized cost Fair value through Total Financial assets Cash and cash equivalents less bank overdrafts 11,900.7 - 11,900.7 Trade receivables excluding prepaid expenses 6,456.7 - 6,456.7 Investment securities 163.6 14.6 178.2 Derivative financial instruments - 37.6 37.6 Derivatives hedges - 135.7 135.7 Total 18,521.0 187.9 18,708.9 Financial liabilities Trade payables 15,379.1 - 15,379.1 Put options granted on subsidiaries - 3,092.2 3,092.2 Derivative financial instruments - 17.9 17.9 Derivatives hedges - 337.5 337.5 Interest-bearing loans and borrowing 3,062.8 - 3,062.8 Other liabilities 1,583.8 - 1,583.8 Total 20,025.7 3,447.6 23,473.3
Disclosure of financial instruments fair value hierarchy [text block]	2020 2019 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets Financial asset at fair value through profit and loss 1,700.0 - - 1,700.0 14.6 - - 14.6 Derivatives assets at fair value through profit and loss - 142.6 - 142.6 - 37.6 - 37.6 Derivatives - operational hedge 85.5 281.2 - 366.7 25.1 110.6 - 135.7 1,785.5 423.8 - 2,209.3 39.7 148.2 - 187.9 Financial liabilities Financial liabilities at fair value through profit and loss - - 3,493.7 3,493.7 - - 3,092.2 3,092.2 Derivatives liabilities at fair value through profit and loss - - - - - 17.9 - 17.9 Derivatives - operational hedge 102.6 227.2 - 329.8 43.2 294.3 - 337.5 102.6 227.2 3,493.7 3,823.5 43.2 312.2 3,092.2 3,447.6
Disclosure of fair value measurement of liabilities [text block]	Financial liabilities at December 31, 2019 3,092.2 Disbursement of investments (83.5 ) Reduction (73.5 ) Total gains and losses during the period 558.5 Losses/(gains) recognized in net income (42.9 ) Losses/(gains) recognized in equity 601.4 Financial liabilities at December 31, 2020 3,493.7

Note 29 - Collateral and Cont_2

Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Others (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of commitments and contingent liabilities [text block]	2020 2019 Collateral given for the Company's own liabilities 799.0 817.0 Other commitments 1,629.9 1,245.2 2,428.9 2,062.2 Commitments to suppliers 17,768.4 15,877.3 17,768.4 15,877.3
Disclosure of future contractual commitments [text block]	2020 2019 Less than 1 year 9,218.2 9,300.5 Between 1 and 2 years 2,934.8 3,861.9 More than 2 years 5,615.4 2,714.9 17,768.4 15,877.3

Note 30 - Contingencies (Tables

Note 30 - Contingencies (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of estimates of possible losses [text block]	2020 2019 Income tax and social contribution 53,898.0 43,453.0 Value-added and excise taxes 23,299.3 22,226.3 PIS and COFINS 2,746.3 3,066.8 Others 1,603.5 1,778.0 81,547.1 70,524.1

Note 31 - Non-cash Items (Table

Note 31 - Non-cash Items (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of detailed information about non-cash items [text block]	2020 2019 2018 Cash financing cost other than interests - (2.1 ) (142.2 ) Fair value of option granted on a subsidiary 238.4 (274.3 ) (166.8 ) Exchange transaction of shareholdings - - 36.5 Effect of application of IAS 29 (hyperinflation) 232.5 339.2 32.9 Acquisition of investments payables 21.1 20.0 - Provision for taxes 108.9 - - Others - - 0.8

Note 32 - Related Parties (Tabl

Note 32 - Related Parties (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of key management personnel compensation [text block]	2020 2019 2018 Short-term benefits (i) 26.0 31.2 24.1 Share-based payments (ii) 42.7 41.2 30.8 Total key management remuneration 68.7 72.4 54.9
Disclosure of transactions between related parties [text block]	2020 Current Trade receivables (i) Other trade (i) Trade payables (i) Dividends payables Dividends AB Africa 4.6 - - - - AB InBev 28.6 - (84.6 ) - - AB Package - - (321.0 ) - - AB Services 11.3 - (1.8 ) - - AB USA 36.7 6.2 (250.1 ) - - Ambrew - - - (98.7 ) - Bavaria 1.0 - (11.3 ) - - Cervecería Modelo 5.1 - (400.0 ) - - Cervecerias Peruanas 1.4 - (10.9 ) - - Inbev 0.9 79.1 (19.4 ) - - ITW International - - - (647.5 ) - Panama Holding 18.8 - (13.1 ) - 1.6 Others 10.2 1.1 (44.9 ) - - 118.6 86.4 (1,157.1 ) (746.2 ) 1.6 2019 Current Trade receivables (i) Other trade (i) Trade payables (i) Other trade payables (i) AB InBev 24.8 - (46.7 ) - AB Procurement 1.1 - (0.2 ) - AB Services 15.5 - (2.0 ) - AB USA 38.8 4.5 (180.9 ) - Bavaria 0.6 - (64.0 ) - Cervecería Modelo 16.1 - (223.1 ) - Inbev 0.7 64.5 (23.8 ) - ITW International - - (223.7 ) (108.9 ) Panama Holding 27.2 0.2 (0.2 ) - Others 18.7 0.8 (126.1 ) - 143.5 70.0 (890.7 ) (108.9 ) 2020 2019 Non-current Trade payables Trade payables ITW International (420.5 ) - (420.5 ) - 2020 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB InBev 0.3 - (80.6 ) (9.9 ) - AB Package - - (159.2 ) - - AB Procurement 0.2 - (0.6 ) (17.3 ) - AB USA 35.2 - (977.0 ) (3.2 ) - Bavaria 26.1 - (48.0 ) - - Cervecería Modelo (0.1 ) - (1,269.6 ) - - Cervecerías Peruanas 13.3 - (40.3 ) - - GCC India - - - (7.3 ) - Inbev (0.9 ) - (102.3 ) - - ITW International - - - - 10.5 Oriental Brewery 2.0 - - - - Others 8.5 0.2 (83.9 ) - 1.5 84.6 0.2 (2,761.5 ) (37.7 ) 12.0 2019 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB Package - - (74.6 ) - - AB USA 52.2 - (802.3 ) (2.6 ) - Cervecería Modelo 0.1 - (1,023.9 ) (2.1 ) - Inbev - - (159.3 ) - - ITW International - - - - (41.5 ) Others 4.7 0.4 (334.2 ) (17.0 ) - 57.0 0.4 (2,394.3 ) (21.7 ) (41.5 ) 2018 Company Sales and Service fees / Product Service fees / reimbursement of expenses and other payables Net finance cost AB Procurement 17.0 - - - - AB USA 49.1 - (739.2 ) (2.3 ) - Ambev Peru 0.1 - - - - Cervecería Modelo 0.2 - (1,009.9 ) (5.8 ) - Inbev 0.1 - (107.1 ) - - Others 19.3 0.2 (153.5 ) (22.7 ) (8.0 ) 85.8 0.2 (2,009.7 ) (30.8 ) (8.0 )

Note 33 - Group Companies (Tabl

Note 33 - Group Companies (Tables)	12 Months Ended
	Dec. 31, 2020
Statement Line Items [Line Items]
Disclosure of consolidated subsidiaries [text block]	Argentina CERVECERIA Y MALTERIA QUILMES SAICA Y G 99.75 % Bolivia CERVECERIA BOLIVIANA NACIONAL S.A. 85.67 % Brazil AMBEV S.A. Consolidating AROSUCO AROMAS E SUCOS LTDA. 100.00 % CRBS S.A. 100.00 % CERVEJARIA Z.X. S.A. 100.00 % Canada LABATT BREWING COMPANY LTD. 100.00 % Chile CERVECERIA CHILE S.A. 100.00 % Spain JALUA SPAIN, S.L. 100.00 % Luxembourg AMBEV LUXEMBOURG 100.00 % Guatemala INDUSTRIAS DEL ATLÁNTICO S.A. 50.00 % Paraguay CERVECERIA PARAGUAYA S.A. 87.36 % Dominican Republic CERVECERÍA NACIONAL DOMINICANA, S.A. 84.71 % Uruguay LINTHAL S.A. 100.00 % CERVECERIA Y MALTERIA PAYSANDU S.A. 99.93 % MONTHIERS S.A. 100.00 % Panama Cervecería Nacional S. de R.L. 100.00 %

Note 1 - Corporate Information

Note 1 - Corporate Information (Details Textual) R$ in Millions, $ in Millions, $ in Millions

Dec. 09, 2020BRL (R$)shares

May 13, 2020BRL (R$)shares

Dec. 19, 2019BRL (R$)shares

Jun. 08, 2018USD ($)

Jun. 08, 2018BRL (R$)

Sep. 30, 2017USD ($)

Sep. 30, 2017ARS ($)

Sep. 30, 2017BRL (R$)

Dec. 31, 2020BRL (R$)

Dec. 31, 2019BRL (R$)

Dec. 31, 2018BRL (R$)

Jul. 02, 2020

Statement Line Items [Line Items]

COVID-19 impact expense

[1]

R$ 263.2

[2]

Maximum term of equity swap agreement (Month)

1 year 180 days

1 year 180 days

1 year 180 days

Maximum exposure of common shares under a equity swap agreement (in shares) | shares

80,000,000

65,000,000

80,000,000

Maximum exposure of common shares under a equity swap agreement, amount

R$ 1200.0

R$ 1000.0

R$ 1500.0

Maximum exposure of common shares under a equity swap agreement, not settled (in shares) | shares

137,014,453

Proceeds from sales of interests in associates

205.4

Exceptional items

R$ 452.0

R$ 397.2

[3]

(86.4)

Barbados Bottling Co [member]

Statement Line Items [Line Items]

Proceeds from sales of interests in associates

$ 53

R$ 179.0

Gains (losses) recognised when control of subsidiary is lost

$ 22

R$ 75.0

Exceptional items

79

CERVECERIA Y MALTERIA QUILMES SAICA Y G [member]

Statement Line Items [Line Items]

Gains (losses) recognised when control of subsidiary is lost

$ 306

R$ 50.0

Exceptional items

R$ 30.0

Payments to a subsidiary for completion of 3rd party licensing transaction | $

$ 50

Tenedora [Member] | ELJ [Member]

Statement Line Items [Line Items]

Put options, exercisable number of shares, percent of outstanding stock

15.00%

Tenedora [Member] | ELJ [Member] | Tranche A [Member]

Statement Line Items [Line Items]

Put options, exercisable number of shares, percent of outstanding stock

12.11%

Tenedora [Member] | ELJ [Member] | Tranche B [Member]

Statement Line Items [Line Items]

Put options, exercisable number of shares, percent of outstanding stock

2.89%

[1]

COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of our people (increased frequency of cleaning at our facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.

[2]

2019 restated to reflect the change in accounting policy, as Note 3.

[3]

2019 restated to reflect the change in accounting policy, as Note 3.

Note 3 - Summary of Significa_3

Note 3 - Summary of Significant Accounting Policy (Details Textual) - BRL (R$) R$ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Revenue from contracts with customers			R$ 58379.0	R$ 52005.1	[1],[2]	R$ 50231.3
Bottom of range [member]
Statement Line Items [Line Items]
Amortization period of intangible assets of definite useful life (Year)				3 years
Top of range [member]
Statement Line Items [Line Items]
Amortization period of intangible assets of definite useful life (Year)				5 years
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Statement Line Items [Line Items]
Revenue from contracts with customers	R$ 382.1	R$ 212.5		R$ 594.6	[3]
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	The amount recognized during 2019 was R$ 212.5 in the third quarter and R$ 382.1 in the fourth quarter.

Note 3 - Summary of Significa_4

Note 3 - Summary of Significant Policy - Impacts of Changes In Accounting Policy Required By IFRSs (Details) - BRL (R$) R$ / shares in Units, R$ in Millions		3 Months Ended		12 Months Ended
		Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Net sales				R$ 58379.0	R$ 52005.1	[1],[2]	R$ 50231.3
Cost of sales				(27,066.1)	(21,678.2)	[1],[2]	(19,249.4)
Gross profit				31,312.9	30,326.9	[1],[2]	30,981.9
Other items, not restated					(15,724.7)
Other operating income/(expenses), net				2,679.4	1,472.7	[1],[2],[3]	947.3
Income from operations				15,972.2	16,074.9	[1],[2]	17,150.9
Finance expenses				(5,430.5)	(4,748.4)	[1]	(4,684.2)
Finance income				2,996	1,638.9	[1]	653.9
Net finance costs				(2,434.5)	(3,109.5)	[1],[2]	(4,030.3)
Share of results of joint ventures				(43.3)	(22.3)	[1],[2]	1
Income before income tax				13,494.4	12,943.1	[1],[2]	13,121.6
Income tax expense				(1,762.5)	(754.7)	[1],[2]	(1,773.9)
Net income				11,731.9	12,188.4	[1],[2]	11,347.7
Net income, attributable to the equity holders of Ambev				11,379.4	11,780	[1]	10,995
Non-controlling interests				R$ 352.5	R$ 408.4	[1]	R$ 352.7
Basic earnings per share - common - R$ (in BRL per share)	[4]			R$ 0.7233	R$ 0.749	[1]	R$ 0.6995
Diluted earnings per share - common - R$ (in BRL per share)	[4]			R$ 0.7171	R$ 0.7423	[1]	R$ 0.6934
Previously stated [member]
Statement Line Items [Line Items]
Net sales					R$ 52599.7
Cost of sales					(21,678.2)
Gross profit					30,921.5
Other items, not restated					(15,724.7)
Other operating income/(expenses), net					878.1
Income from operations					16,074.9
Finance expenses					(4,748.4)
Finance income					1,638.9
Net finance costs					(3,109.5)
Share of results of joint ventures					(22.3)
Income before income tax					12,943.1
Income tax expense					(754.7)
Net income					12,188.4
Net income, attributable to the equity holders of Ambev					11,780
Non-controlling interests					R$ 408.4
Basic earnings per share - common - R$ (in BRL per share)					R$ 0.749
Diluted earnings per share - common - R$ (in BRL per share)					R$ 0.7423
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Statement Line Items [Line Items]
Net sales		R$ 382.1	R$ 212.5		R$ 594.6	[5]
Cost of sales	[5]
Gross profit	[5]				(594.6)
Other items, not restated	[5]
Other operating income/(expenses), net	[5]				594.6
Income from operations	[5]
Finance expenses	[5]
Finance income	[5]
Net finance costs	[5]
Share of results of joint ventures	[5]
Income before income tax	[5]
Income tax expense	[5]
Net income	[5]
Net income, attributable to the equity holders of Ambev	[5]
Non-controlling interests	[5]
Basic earnings per share - common - R$ (in BRL per share)	[5]
Diluted earnings per share - common - R$ (in BRL per share)	[5]
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.
[4]	Expressed in Brazilian Reais.
[5]	The amount recognized during 2019 was R$ 212.5 in the third quarter and R$ 382.1 in the fourth quarter.

Note 3 - Summary of Significa_5

Note 3 - Summary of Significant Accounting Policy - Significant Exchange Rates (Details)		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Canadian Dollars spent in Canada and Cuba [member]
Statement Line Items [Line Items]
Closing rate		4.0791	3.1019	2.8431
Average rate		3.8119	2.9651	2.8092
Dominican Pesos spent in the Dominican Republic [member]
Statement Line Items [Line Items]
Closing rate		0.0891	0.0761	0.077
Average rate		0.0907	0.0769	0.0734
US Dollars spent in Panama and Cuba [member]
Statement Line Items [Line Items]
Closing rate	[1]	5.1967	4.0307	3.8748
Average rate	[1]	5.1331	3.941	3.6348
Quetzal spent in Guatemala [member]
Statement Line Items [Line Items]
Closing rate		0.67	0.5245	0.5001
Average rate		0.6641	0.512	0.4837
Argentinean Peso spent in Argentina [member]
Statement Line Items [Line Items]
Closing rate		0.0618	0.0673	0.1025
Average rate		0.0736	0.0835	0.1371
Bolivian Peso spent in Bolivia [member]
Statement Line Items [Line Items]
Closing rate		0.7467	0.5791	0.5567
Average rate		0.7375	0.5666	0.5222
Guarani spent in Paraguai [member]
Statement Line Items [Line Items]
Closing rate		0.0007	0.0006	0.0007
Average rate		0.0008	0.0006	0.0006
Uruguayan Peso spent in Uruguay [member]
Statement Line Items [Line Items]
Closing rate		0.1227	0.108	0.1196
Average rate		0.1242	0.1118	0.1181
Chilean Peso spent in Chile [member]
Statement Line Items [Line Items]
Closing rate		0.0073	0.0054	0.0056
Average rate		0.0065	0.0056	0.0057
Barbadian Dollar spent in Barbados [member]
Statement Line Items [Line Items]
Closing rate		2.5618	1.987	1.9101
Average rate		2.5304	1.9427	1.7918
[1]	The functional currency of Cuba, the Cuban convertible peso ("CUC"), has a fixed parity with the dollar ("USD") at balance sheet date.

Note 3 - Summary of Significa_6

Note 3 - Summary of Significant Accounting Policy - Useful Lives of Major Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2020
Buildings [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	25 years
Plant and equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	15 years
Fixtures [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	10 years
Fittings [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	10 years
External use assets commercial assets [member] | Bottom of range [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	2 years
External use assets commercial assets [member] | Top of range [member]
Statement Line Items [Line Items]
Property, plant and equipment, useful life (Year)	5 years

Note 5 - Segment Reporting - Re

Note 5 - Segment Reporting - Reportable Segments (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Net sales		R$ 58379.0	R$ 52005.1	[1],[2]	R$ 50231.3
Cost of sales		(27,066.1)	(21,678.2)	[1],[2]	(19,249.4)
Gross profit		31,312.9	30,326.9	[1],[2]	30,981.9
Distribution expenses		(8,245)	(6,951.4)	[1],[2]	(6,607.2)
Sales and marketing expenses		(6,374.6)	(5,696.1)	[1],[2]	(5,721.3)
Administrative expenses		(2,948.5)	(2,680)	[1],[2]	(2,363.4)
Other operating income/(expenses), net		2,679.4	1,472.7	[1],[2],[3]	947.3
Exceptional items		(452)	(397.2)	[2]	(86.4)
Income from operations (EBIT)		15,972.2	16,074.9	[1],[2]	17,150.9
Net finance costs		(2,434.5)	(3,109.5)	[1],[2]	(4,030.3)
Share of results of joint ventures		(43.3)	(22.3)	[1],[2]	1
Income before income tax		13,494.4	12,943.1	[1],[2]	13,121.6
Income tax expense		(1,762.5)	(754.7)	[1],[2]	(1,773.9)
Net Income		11,731.9	12,188.4	[1],[2]	11,347.7
Normalized EBITDA		21,591.4	21,147.2	[2]	21,685.7
Depreciation. amortization and impairment		R$ 5167.4	R$ 4675.2		R$ 4448.4
Normalized EBITDA margin as a %		37.00%	40.70%	[2]	43.20%
Acquisition of property, plant and equipment		R$ 4692.7	R$ 5069.4	[2]	R$ 3571.0
Total assets		125,196.3	101,742.9		95,714.3
Total liabilities		125,196.3	101,742.9		95,714.3
Operating segments [member]
Statement Line Items [Line Items]
Total assets		96,190.7	82,044.2		78,286.8
Total liabilities		40,559.8	32,330.7		29,742.4
Elimination of intersegment amounts [member]
Statement Line Items [Line Items]
Total assets		(2,187.6)	(2,286.2)		(2,246.5)
Total liabilities		(2,187.4)	(2,286.4)		(2,246.4)
Unallocated amounts [member]
Statement Line Items [Line Items]
Total assets		31,193.2	21,984.9		19,674
Total liabilities		86,823.9	71,698.6		68,218.3
Brazil 1 [member]
Statement Line Items [Line Items]
Net sales		30,196.5	28,129.9	[2]	26,814.2
Cost of sales		(14,112.9)	(12,096.3)	[2]	(10,014.8)
Gross profit		16,083.6	16,033.6	[2]	16,799.4
Distribution expenses		(4,241.9)	(3,814.1)	[2]	(3,641.4)
Sales and marketing expenses		(3,444.1)	(3,124.8)	[2]	(3,076.5)
Administrative expenses		(1,629.6)	(1,646.8)	[2]	(1,409.5)
Other operating income/(expenses), net		2,887.2	1,421	[2]	965
Exceptional items		(173.8)	(328.2)	[2]	(43.7)
Income from operations (EBIT)		9,481.4	8,540.7	[2]	9,593.3
Net finance costs		(663.9)	(1,381.9)	[2]	(2,353.1)
Share of results of joint ventures		(7.2)	(5.6)	[2]	(6.2)
Income before income tax		8,810.3	7,153.2	[2]	7,234
Income tax expense		(203.1)	807.7	[2]	188.9
Net Income		8,607.2	7,960.9	[2]	7,422.9
Normalized EBITDA		12,569.7	11,737.9	[2]	12,295.3
Depreciation. amortization and impairment		R$ 2914.5	R$ 2869.0	[2]	R$ 2658.3
Normalized EBITDA margin as a %		41.60%	41.70%	[2]	45.90%
Acquisition of property, plant and equipment		R$ 3114.9	R$ 3176.5	[2]	R$ 1811.9
Brazil 1 [member] | Beer [member]
Statement Line Items [Line Items]
Net sales		25,953	23,765.5	[2]	23,008.5
Cost of sales		(11,941.7)	(10,037.9)	[2]	(8,214.2)
Gross profit		14,011.3	13,727.6	[2]	14,794.3
Distribution expenses		(3,529.2)	(3,105.5)	[2]	(2,963.2)
Sales and marketing expenses		(3,008.9)	(2,721)	[2]	(2,894.1)
Administrative expenses		(1,395.1)	(1,426)	[2]	(1,193.1)
Other operating income/(expenses), net		2,380.3	1,110.4	[2]	740.1
Exceptional items		(173.8)	(328.2)	[2]	(37)
Income from operations (EBIT)		8,284.6	7,257.3	[2]	8,447
Net finance costs		(663.9)	(1,408.9)	[2]	(2,327.8)
Share of results of joint ventures		(7.2)	(5.6)	[2]	(6.2)
Income before income tax		7,613.5	5,842.8	[2]	6,113
Income tax expense		(203.1)	807.7	[2]	188.9
Net Income		7,410.4	6,650.5	[2]	6,301.9
Normalized EBITDA		11,011.8	10,100.8	[2]	10,800.7
Depreciation. amortization and impairment		R$ 2553.4	R$ 2515.3	[2]	R$ 2316.7
Normalized EBITDA margin as a %		42.40%	42.50%	[2]	46.90%
Brazil 1 [member] | NAB [member]
Statement Line Items [Line Items]
Net sales		R$ 4243.5	R$ 4364.4	[2]	R$ 3805.7
Cost of sales		(2,171.2)	(2,058.4)	[2]	(1,800.6)
Gross profit		2,072.3	2,306	[2]	2,005.1
Distribution expenses		(712.7)	(708.6)	[2]	(678.2)
Sales and marketing expenses		(435.2)	(403.8)	[2]	(182.4)
Administrative expenses		(234.5)	(220.8)	[2]	(216.4)
Other operating income/(expenses), net		506.9	310.6	[2]	224.9
Exceptional items				[2]	(6.7)
Income from operations (EBIT)		1,196.8	1,283.4	[2]	1,146.3
Net finance costs			27	[2]	(25.3)
Share of results of joint ventures				[2]
Income before income tax		1,196.8	1,310.4	[2]	1,121
Income tax expense				[2]
Net Income		1,196.8	1,310.4	[2]	1,121
Normalized EBITDA		1,557.9	1,637.1	[2]	1,494.6
Depreciation. amortization and impairment		R$ 361.1	R$ 353.7	[2]	R$ 341.6
Normalized EBITDA margin as a %		36.70%	37.50%	[2]	39.30%
Brazil 1 [member] | Operating segments [member]
Statement Line Items [Line Items]
Total assets		R$ 48970.2	R$ 44161.9		R$ 41478.6
Total liabilities		25,032.6	19,907.4		18,252.1
CAC [member]
Statement Line Items [Line Items]
Net sales	[4]	7,319.3	6,757.9		5,813.9
Cost of sales	[4]	(3,307.5)	(2,934.1)		(2,559.1)
Gross profit	[4]	4,011.8	3,823.8		3,254.8
Distribution expenses	[4]	(751.5)	(684.3)		(627.1)
Sales and marketing expenses	[4]	(542.4)	(553)		(561.5)
Administrative expenses	[4]	(305)	(256.7)		(282.3)
Other operating income/(expenses), net	[4]	(23.5)	85.8		20
Exceptional items	[4]	(70.5)	(17.1)		62.4
Income from operations (EBIT)	[4]	2,318.9	2,398.5		1,866.3
Net finance costs	[4]	9.8	(110.1)		(58)
Share of results of joint ventures	[4]	(4.9)	(2.2)		3.9
Income before income tax	[4]	2,323.8	2,286.2		1,812.2
Income tax expense	[4]	(713.2)	(642.7)		(473)
Net Income	[4]	1,610.6	1,643.5		1,339.2
Normalized EBITDA	[4]	3,070.4	2,961.9		2,299
Depreciation. amortization and impairment	[4]	R$ 681.0	R$ 546.3		R$ 495.1
Normalized EBITDA margin as a %	[4]	41.90%	43.80%		39.50%
Acquisition of property, plant and equipment	[4]	R$ 492.3	R$ 578.4		R$ 500.4
CAC [member] | Operating segments [member]
Statement Line Items [Line Items]
Total assets	[4]	13,521.4	11,393.3		11,270.2
Total liabilities	[4]	4,114.2	3,932.8		3,420.9
South Latin America segment [member]
Statement Line Items [Line Items]
Net sales	[5]	11,560.8	10,028.7		10,753.9
Cost of sales	[5]	(5,937.4)	(3,998)		(4,261.7)
Gross profit	[5]	5,623.4	6,030.7		6,492.2
Distribution expenses	[5]	(1,492.8)	(1,092)		(1,055)
Sales and marketing expenses	[5]	(1,165.6)	(1,019.7)		(1,113.2)
Administrative expenses	[5]	(574.9)	(428.8)		(412.2)
Other operating income/(expenses), net	[5]	(159.9)	(18)		(24.6)
Exceptional items	[5]	(145.7)	(51.9)		(88.3)
Income from operations (EBIT)	[5]	2,084.5	3,420.3		3,798.9
Net finance costs	[5]	(1,731.4)	(1,543.2)		(1,434.3)
Share of results of joint ventures	[5]
Income before income tax	[5]	353.1	1,877.1		2,364.6
Income tax expense	[5]	(118.4)	(272.3)		(866.8)
Net Income	[5]	234.7	1,604.8		1,497.8
Normalized EBITDA	[5]	3,328.3	4,389.8		4,909.1
Depreciation. amortization and impairment	[5]	R$ 1098.1	R$ 917.6		R$ 1021.9
Normalized EBITDA margin as a %	[5]	28.80%	43.80%		45.60%
Acquisition of property, plant and equipment	[5]	R$ 621.8	R$ 1025.0		R$ 1040.8
South Latin America segment [member] | Operating segments [member]
Statement Line Items [Line Items]
Total assets	[5]	17,211.2	14,454		14,472
Total liabilities	[5]	5,156.4	4,411.8		4,484.6
Canada segment [member]
Statement Line Items [Line Items]
Net sales		9,302.4	7,088.6		6,849.3
Cost of sales		(3,708.3)	(2,649.8)		(2,413.8)
Gross profit		5,594.1	4,438.8		4,435.5
Distribution expenses		(1,758.8)	(1,361)		(1,283.7)
Sales and marketing expenses		(1,222.5)	(998.6)		(970.1)
Administrative expenses		(439)	(347.7)		(259.4)
Other operating income/(expenses), net		(24.4)	(16.1)		(13.1)
Exceptional items		(62)			(16.8)
Income from operations (EBIT)		2,087.4	1,715.4		1,892.4
Net finance costs		(49)	(74.3)		(184.9)
Share of results of joint ventures		(31.2)	(14.5)		3.3
Income before income tax		2,007.2	1,626.6		1,710.8
Income tax expense		(727.8)	(647.4)		(623)
Net Income		1,279.4	979.2		1,087.8
Normalized EBITDA		2,623	2,057.6		2,182.3
Depreciation. amortization and impairment		R$ 473.6	R$ 342.2		R$ 273.1
Normalized EBITDA margin as a %		28.20%	29.00%		31.90%
Acquisition of property, plant and equipment		R$ 463.7	R$ 289.5		R$ 217.9
Canada segment [member] | Operating segments [member]
Statement Line Items [Line Items]
Total assets		16,487.9	12,035		11,066
Total liabilities		R$ 6256.6	R$ 4078.7		R$ 3584.8
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.
[4]	CAC: includes the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Nicaragua, Honduras, Barbados and Panama.
[5]	Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.

Note 6 - Net Sales - Reconcilia

Note 6 - Net Sales - Reconciliation Between Gross Sales and Net Sales (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	[1]	Dec. 31, 2018
Statement Line Items [Line Items]
Gross sales and/or services	R$ 85221.2	R$ 76286.6		R$ 73628.9
Excise duty	(18,259.7)	(16,431.3)		(15,876.6)
Discounts	(8,582.5)	(7,850.2)		(7,521)
Total	R$ 58379.0	R$ 52005.1		R$ 50231.3
[1]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 7 - Other Operating Inco_3

Note 7 - Other Operating Income (Expenses) (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	[1]	Dec. 31, 2018
Statement Line Items [Line Items]
Government grants/NPV of long-term fiscal incentives		R$ 735.9	R$ 761.3		R$ 820.1
Extemporaneous credits/(debits)	[2]	2,121.3	594.6
(Additions)/reversals of provisions		(70.1)	(37.7)		(42)
Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates		27.2	30.7		(29.8)
Other operating income/(expenses), net		(134.9)	123.8		199
Total		R$ 2679.4	R$ 1472.7	[3],[4]	R$ 947.3
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	The amount is mostly related to the gain of PIS and COFINS credits according to the favorable judgment of the action to exclude ICMS from the calculation base, detailed in Note 30 - Contingencies.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.
[4]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 8 - Exceptional Items - Ex

Note 8 - Exceptional Items - Exceptional Items Included in the Income Statement (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Result from shareholding exchange transaction(i)	[1]			[2]	R$ 30.0
Restructuring	[3]	(146.5)	(101.8)	[2]	(175.5)
Costs arising from business combinations		(18.2)		[2]
Result on sales of subsidiaries (iii)	[4]			[2]	78.6
Acquisitions of subsidiaries					(1.5)
Effects of the application of IAS 29 (hyperinflation)		(9.3)	(5.3)	[2]	(18)
State amnesties (iv)	[5]		(290.1)	[2]
Impacts of COVID-19 (v)	[6]	(263.2)		[2]
Stella recall		(14.8)		[2]
Total		R$ 452.0	R$ 397.2	[7]	R$ 86.4
[1]	As described in Note 1(b) Perpetual licensing agreement with Quilmes.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	The restructuring expenses recognized refer mainly to the realignment of the structures and processes in the Latin America geographical segment, CAC and Brazil.
[4]	As described in Note 1(b) Sale of subsidiaries.
[5]	The payment by Ambev of the Amnesty in the State of Mato Grosso is required by the Brazilian government for in order to continue to receive tax incentives, according to Complementary Law No. 160/17, regulated by the complementary law of the State of Mato Grosso No. 631/19.
[6]	COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of our people (increased frequency of cleaning at our facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.
[7]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 9 - Payroll and Related _3

Note 9 - Payroll and Related Benefits - Schedule of Payroll and Related Benefits (Details) - BRL (R$)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Wages and salaries	R$ 3736500000	R$ 3700600000	R$ 3422000000
Social security contributions	851,800,000	822,900,000	789,300,000
Other personnel costs	836,900,000	764,900,000	726,600,000
Increase in liabilities for defined benefit plans	131,200,000	147,700,000	142,000,000
Share-based payments	223,100,000	219,200,000	162,700,000
Contributions to defined contribution plans	61,100,000	29,700,000	32,200,000
Total	R$ 5840600000	R$ 5685000000	R$ 5274800000

Note 9 - Payroll and Related _4

Note 9 - Payroll and Related Benefits - Payroll and Related Benefits Income Statement Presentation (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Cost of sales	R$ 2175.1	R$ 1976.6	R$ 1814.7
Distribution expenses	1,130.4	1,014.5	987.7
Sales and marketing expenses	1,333.7	1,231.3	1,239
Administrative expenses	1,089.2	1,338.8	1,085.4
Net finance costs	44.1	89.2	103
Other operating income/(expenses), net	2.2	1.3
Exceptional items	65.9	33.2	45
Total	R$ 5840.6	R$ 5685.0	R$ 5274.8

Note 10 - Additional Informat_3

Note 10 - Additional Information on Cost of Sales and Operating Expenses by Nature (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Employee benefits expense, cost of sales	R$ 2175.1	R$ 1976.6	R$ 1814.7
Total cost of sales, employee benefit expenses, depreciation, amortization and impairment	7,350.4	4,660.7
Cost of sales, production costs	R$ 19715.7	R$ 17017.5

Note 10 - Additional Informat_4

Note 10 - Additional Information on Cost of Sales and Operating Expenses by Nature - Depreciation, Amortization and Impairment Expenses (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Depreciation and impairment of property, plant and equipment, cost of sales	[1]	R$ 2980.4	R$ 2671.6	R$ 2681.9
Amortization of intangible assets, cost of sales	[1]	15.7	12.4	10.3
Depreciation and impairment of property, plant and equipment, distribution expenses		441.7	649	570.9
Amortization of intangible assets, distribution expenses
Depreciation and impairment of property, plant and equipment, sales and marketing expenses		787.9	557.7	586
Amortization of intangible assets, sales and marketing expenses		219.9	319.4	117.1
Depreciation and impairment of property, plant and equipment, administrative expenses		453.6	272	306.9
Amortization of intangible assets, administrative expenses		276.1	195.5	175.2
Depreciation and impairment of property, plant and equipment		4,663.6	4,150.3	4,145.7
Amortization of intangible assets		R$ 511.7	R$ 527.3	R$ 302.6
[1]	These amounts added to R$2,175.1 (R$1,976.6 as at December 31, 2019) mentioned in Note 9 - Payroll and related benefits, total R$7,350.4 (R$4,660.7 as at December 31, 2019). The remaining amount of R$19,715.7 (R$17,017.5 as at December 31, 2019), recorded in the cost of sales, refers to other production costs.

Note 11 - Finance Expenses an_3

Note 11 - Finance Expenses and Income (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Net finance cost, realization of exchange value	R$ 77.5	R$ 179.1
State of Mato Grosso [member]
Statement Line Items [Line Items]
State amnesty payments	R$ 101.9

Note 11 - Finance Expenses an_4

Note 11 - Finance Expenses and Income - Finance Costs (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Interest expense		R$ 1786.6	R$ 1514.3		R$ 1488.1
Capitalized borrowings					0.4
Net Interest on pension plans		(117.2)	(105.3)		(103)
Losses on hedging instruments and exclusive investment funds (i)	[1]	(1,919.3)	(1,286)		(1,181.2)
Interest on provision for disputes and litigation		(208.8)	(163.9)		(132.7)
Exchange variations		(706.4)	(637.2)		(756.9)
Interest and foreign exchange rate on loans to/from related parties			(41.5)		(8)
Financial instruments at fair value through profit or loss		(4.3)	(310.4)		(107.1)
Tax on financial transactions		(335)	(202.1)		(337.6)
Bank guarantee expenses		(188)	(136.2)		(126.3)
Other financial results		(164.9)	(172.1)		(264.6)
Total		(5,430.5)	(4,569)		(4,505.1)
Exceptional finance expense			(179.4)		(179.1)
Total		R$ 5430.5	R$ 4748.4	[2]	R$ 4684.2
[1]	The variation refers, for the most part, to the Equity Swap, which changes according to the changes in share price.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 11 - Finance Expenses an_5

Note 11 - Finance Expenses and Income - Interest Expense (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Financial instruments measured at amortized cost	R$ 776.0	R$ 520.9	R$ 597.6
Financial instruments at fair value through profit or loss	(1,010.6)	(993.4)	(890.5)
Total	R$ 1786.6	R$ 1514.3	R$ 1488.1

Note 11 - Finance Expenses an_6

Note 11 - Finance Expenses and Income - Finance Income (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Interest income	R$ 2245.5	R$ 1068.0		R$ 454.0
Interest and foreign exchange rate on loans to/from related parties	10.6
Financial instruments at fair value through profit or loss	242.6	37.2
Other financial results	49.9	26.3		17.4
Finance income, before adoption of new accounting policies	2,548.6	1,131.5		471.4
Exceptional finance income		161.2
Effect of application of IAS 29 (hyperinflation)	447.4	346.2		182.5
Finance income	R$ 2996.0	R$ 1638.9	[1]	R$ 653.9
[1]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 11 - Finance Expenses an_7

Note 11 - Finance Expenses and Income - Interest Income (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Cash and cash equivalents		R$ 234.6	R$ 454.8	R$ 270.7
Investment securities held for trading		4.3	0.1	12.9
Other receivables (i)	[1]	2,006.6	613.1	170.4
Total		R$ 2245.5	R$ 1068.0	R$ 454.0
[1]	Mainly related to monetary adjustments related to the exclusion of ICMS (VAT tax) from the basis of PIS and COFINS calculation, more details in Note 30 - Contingencies.

Note 12 - Income Tax and Soci_3

Note 12 - Income Tax and Social Contribution - Income Taxes Reported (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Income tax expenses - current	R$ 1048.9	R$ 1118.1		R$ 1833.5
Deferred tax expense on temporary differences	(1,576)	277.1		(230.4)
Deferred tax over taxes losses carried forward movements in the current period	862.4	86.3		290
Total deferred tax (expense)/income	(713.6)	363.4		59.6
Total income tax expenses	R$ 1762.5	R$ 754.7	[1],[2]	R$ 1773.9
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 12 - Income Tax and Soci_4

Note 12 - Income Tax and Social Contribution - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Profit before tax		R$ 13494.4	R$ 12943.1		R$ 13121.6
Adjustment on a taxable basis
Other non-taxable income (i)	[1]	(630.8)	(1,067.1)		(502.3)
Government grants related to sales taxes		(1,624.9)	(1,896)		(1,807.3)
Share of the result of joint ventures		43.3	22.3		(1)
Non-deductible expenses		356.5	378.2		306.8
Addition of income tax of foreign subsidiaries due in Brazil		463	210.9		503
Total		R$ 12101.5	R$ 10591.4		R$ 11620.8
Aggregated weighted nominal tax rate		30.26%	28.94%		30.17%
Taxes payable - nominal rate		R$ 3662.1	R$ 3064.7		R$ 3505.5
Adjustments to tax expenses
Income tax incentives		123.2	245.9		219.7
Deductible interest on shareholders' equity		2,213.2	2,623.8		1,710.4
Tax savings based on the amortization of goodwill		77.5	80.5		72.3
Withholding income tax		(628.2)	(420.3)		(220)
Recognition/(write-off) of deferred charges on tax losses		123.2	(377.4)		(41.6)
Effect of the application of IAS 29 (hyperinflation)		(50.5)	1.4		(107.3)
Other with reduced taxation (i)	[1]	41.2	156.1		98.1
Income tax and social contribution expense		R$ 1762.5	R$ 754.7	[2],[3]	R$ 1773.9
Effective tax rate		13.06%	5.83%		13.52%
[1]	Adjusted balances for comparative purposes.
[2]	2019 restated to reflect the change in accounting policy, as Note 3.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 13 - Property, Plant and_3

Note 13 - Property, Plant and Equipment - Property, Plant and Equipment (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Property, plant and equipment	R$ 24768.4	R$ 22576.3
Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	22,852.9	20,547.7
Property, plant and equipment subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	R$ 1915.5	R$ 2028.6

Note 13 - Property, Plant and_4

Note 13 - Property, Plant and Equipment - Reconciliation of Changes in Property, Plant and Equipment (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020		Dec. 31, 2019
Statement Line Items [Line Items]
Property, plant and equipment	R$ 22576.3
Property, plant and equipment	24,768.4		R$ 22576.3
Property, plant and equipment	22,576.3		22,576.3
Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	20,547.7
Disposals and write-off	1,662.7		(784.2)
Transfers to other asset categories	48.2
Property, plant and equipment	22,852.9		20,547.7
Disposals and write-offs	(1,662.7)		784.2
Property, plant and equipment	20,547.7		20,547.7
Property, plant and equipment not subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	49,115		45,564.1
Effect of movements in foreign exchange in the balance sheet	3,102		(1,540.7)
Effect of the application of IAS 29 (hyperinflation)	1,893		1,871.9
Acquisition through business combinations	15.5		8
Acquisitions	4,421.9		4,475.9
Disposals and write-off	(1,692.7)		(906)
Transfers to other asset categories	(382.1)		(358.2)
Property, plant and equipment	56,472.6		49,115
Disposals and write-offs	1,692.7		906
Property, plant and equipment	56,472.6		49,115
Property, plant and equipment not subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(28,567.3)		(25,463.7)
Effect of movements in foreign exchange in the balance sheet	(1,658.5)		810.9
Effect of the application of IAS 29 (hyperinflation)	(1,021.8)		(1,025.2)
Property, plant and equipment	(33,619.7)		(28,567.3)
Depreciation	(3,896.4)		(3,530.1)
Others	(186.6)		(143.4)
Property, plant and equipment	(33,619.7)		(28,567.3)
Property, plant and equipment subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	2,028.6
Transfers to other asset categories	4.9
Property, plant and equipment	1,915.5		2,028.6
Property, plant and equipment	2,028.6		2,028.6
Property, plant and equipment subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	3,361.1	[1]	2,394.1
Effect of movements in foreign exchange in the balance sheet	149.3		19.5
Transfers to other asset categories	(4)		48.7
Property, plant and equipment	3,873		3,361.1	[1]
Property, plant and equipment	3,873		3,361.1	[1]
Additions	366.6		898.8	[1]
Property, plant and equipment subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(1,332.5)		(856.5)
Effect of movements in foreign exchange in the balance sheet	(49.3)		(5.7)
Transfers to other asset categories			(3.1)
Property, plant and equipment	(1,957.5)		(1,332.5)
Depreciation	(580.6)		(467.2)
Property, plant and equipment	(1,957.5)		(1,332.5)
Land and buildings [member] | Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	7,486.3
Disposals and write-off	7.8		(9.2)
Transfers to other asset categories	29.8
Property, plant and equipment	8,391.5		7,486.3
Disposals and write-offs	(7.8)		9.2
Property, plant and equipment	8,391.5		7,486.3
Land and buildings [member] | Property, plant and equipment not subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	10,886.9		10,375.6
Effect of movements in foreign exchange in the balance sheet	724.8		(240.9)
Effect of the application of IAS 29 (hyperinflation)	310.5		291.3
Acquisition through business combinations	4		0.2
Acquisitions	17.2		14.8
Disposals and write-off	(23.7)		(33.4)
Transfers to other asset categories	465.4		479.3
Property, plant and equipment	12,385.1		10,886.9
Disposals and write-offs	23.7		33.4
Property, plant and equipment	12,385.1		10,886.9
Land and buildings [member] | Property, plant and equipment not subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(3,400.6)		(3,031.5)
Effect of movements in foreign exchange in the balance sheet	(174.3)		23.9
Effect of the application of IAS 29 (hyperinflation)	(51.4)		(51.1)
Property, plant and equipment	(3,993.6)		(3,400.6)
Depreciation	(401.8)		(350.3)
Others	(3.1)		(0.8)
Property, plant and equipment	(3,993.6)		(3,400.6)
Plant and equipment [member] | Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	9,294.4
Disposals and write-off	1,409		(649.8)
Transfers to other asset categories	(3.6)
Property, plant and equipment	10,206.4		9,294.4
Disposals and write-offs	(1,409)		649.8
Property, plant and equipment	10,206.4		9,294.4
Plant and equipment [member] | Property, plant and equipment not subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	29,676.1		28,075.8
Effect of movements in foreign exchange in the balance sheet	1,811.9		(979.5)
Effect of the application of IAS 29 (hyperinflation)	1,160.4		1,169.9
Acquisition through business combinations	9.8
Acquisitions	514.8		606.1
Disposals and write-off	(1,422.2)		(739.3)
Transfers to other asset categories	2,286.6		1,543.1
Property, plant and equipment	34,037.4		29,676.1
Disposals and write-offs	1,422.2		739.3
Property, plant and equipment	34,037.4		29,676.1
Plant and equipment [member] | Property, plant and equipment not subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(20,381.7)		(18,247.1)
Effect of movements in foreign exchange in the balance sheet	(1,205.7)		549.1
Effect of the application of IAS 29 (hyperinflation)	(670.4)		(686)
Property, plant and equipment	(23,831)		(20,381.7)
Depreciation	(2,795.4)		(2,516.6)
Others	(183.2)		(130.9)
Property, plant and equipment	(23,831)		(20,381.7)
Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,582.7
Disposals and write-off	245.9		(125.2)
Transfers to other asset categories	22
Property, plant and equipment	1,424.3		1,582.7
Disposals and write-offs	(245.9)		125.2
Property, plant and equipment	1,424.3		1,582.7
Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	6,367.7		5,690.6
Effect of movements in foreign exchange in the balance sheet	392.1		(300.8)
Effect of the application of IAS 29 (hyperinflation)	291.8		399.6
Acquisition through business combinations	1.7		2.1
Acquisitions	74.3		147.9
Disposals and write-off	(247)		(133.3)
Transfers to other asset categories	338.8		561.6
Property, plant and equipment	7,219.4		6,367.7
Disposals and write-offs	247		133.3
Property, plant and equipment	7,219.4		6,367.7
Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(4,785)		(4,185.1)
Effect of movements in foreign exchange in the balance sheet	(278.5)		237.9
Effect of the application of IAS 29 (hyperinflation)	(300)		(288.1)
Property, plant and equipment	(5,795.1)		(4,785)
Depreciation	(699.2)		(663.2)
Others	(0.3)		(11.7)
Property, plant and equipment	(5,795.1)		(4,785)
Construction in progress [member] | Property, plant and equipment not subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	2,184.3
Disposals and write-off
Transfers to other asset categories
Property, plant and equipment	2,830.7		2,184.3
Disposals and write-offs
Property, plant and equipment	2,830.7		2,184.3
Construction in progress [member] | Property, plant and equipment not subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	2,184.3		1,422.1
Effect of movements in foreign exchange in the balance sheet	173.2		(19.5)
Effect of the application of IAS 29 (hyperinflation)	130.3		11.1
Acquisition through business combinations			5.7
Acquisitions	3,815.6		3,707.1
Disposals and write-off	0.2
Transfers to other asset categories	(3,472.9)		(2,942.2)
Property, plant and equipment	2,830.7		2,184.3
Disposals and write-offs	(0.2)
Property, plant and equipment	2,830.7		2,184.3
Construction in progress [member] | Property, plant and equipment not subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment
Effect of movements in foreign exchange in the balance sheet
Effect of the application of IAS 29 (hyperinflation)
Property, plant and equipment
Depreciation
Others
Property, plant and equipment
Buildings [member] | Property, plant and equipment subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	845.3
Transfers to other asset categories	3.2
Property, plant and equipment	978.7		845.3
Property, plant and equipment	978.7		845.3
Buildings [member] | Property, plant and equipment subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,339.8	[1]	972.5
Effect of movements in foreign exchange in the balance sheet	131.8		17.7
Transfers to other asset categories	(1.8)		31.8
Property, plant and equipment	1,791.6		1,339.8	[1]
Property, plant and equipment	1,791.6		1,339.8	[1]
Additions	321.8		317.8	[1]
Buildings [member] | Property, plant and equipment subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(494.5)		(308.4)
Effect of movements in foreign exchange in the balance sheet	(40.9)		(4.6)
Transfers to other asset categories			(8.2)
Property, plant and equipment	(812.9)		(494.5)
Depreciation	(280.7)		(173.3)
Property, plant and equipment	(812.9)		(494.5)
Machinery and equipment [member] | Property, plant and equipment subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,108.2
Transfers to other asset categories
Property, plant and equipment	888		1,108.2
Property, plant and equipment	888		1,108.2
Machinery and equipment [member] | Property, plant and equipment subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,865.1	[1]	1,343.3
Effect of movements in foreign exchange in the balance sheet	8.2		0.6
Transfers to other asset categories
Property, plant and equipment	1,905.9		1,865.1	[1]
Property, plant and equipment	1,905.9		1,865.1	[1]
Additions	32.6		521.2	[1]
Machinery and equipment [member] | Property, plant and equipment subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(756.9)		(490.7)
Effect of movements in foreign exchange in the balance sheet	(4.5)		(0.5)
Transfers to other asset categories			(2.4)
Property, plant and equipment	(1,017.9)		(756.9)
Depreciation	(256.5)		(263.3)
Property, plant and equipment	(1,017.9)		(756.9)
Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment	75.1
Transfers to other asset categories	1.7
Property, plant and equipment	48.8		75.1
Property, plant and equipment	48.8		75.1
Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	156.2	[1]	78.3
Effect of movements in foreign exchange in the balance sheet	9.3		1.2
Transfers to other asset categories	(2.2)		16.9
Property, plant and equipment	175.5		156.2	[1]
Property, plant and equipment	175.5		156.2	[1]
Additions	12.2		59.8	[1]
Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment	(81.1)		(57.4)
Effect of movements in foreign exchange in the balance sheet	(3.9)		(0.6)
Transfers to other asset categories			7.5
Property, plant and equipment	(126.7)		(81.1)
Depreciation	(43.4)		(30.6)
Property, plant and equipment	R$ 126.7		R$ 81.1
[1]	Adjusted balances for comparative purposes.

Note 13 - Property, Plant and_5

Note 13 - Property, Plant and Equipment - Average Discount Rate Applied for IFRS 16 for January 1st (Details)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Lease term 2020-2025 [member]
Statement Line Items [Line Items]
Rate %	10.54%	6.63%	12.61%
Lease term 2026-2030 [member]
Statement Line Items [Line Items]
Rate %	8.19%	8.33%	11.83%
Lease term 2031-2035 [member]
Statement Line Items [Line Items]
Rate %	10.97%	9.00%	13.54%

Note 14 - Goodwill (Details Tex

Note 14 - Goodwill (Details Textual)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Goodwill percentage of total assets	36.00%	39.00%
Bottom of range [member]
Statement Line Items [Line Items]
Growth rate	1.90%
Top of range [member]
Statement Line Items [Line Items]
Growth rate	3.30%

Note 14 - Goodwill - Changes in

Note 14 - Goodwill - Changes in the Period (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Goodwill balance	R$ 35009.9	R$ 34276.2
Effect of movements in foreign exchange in the balance sheet	4,006.9	16.1
Effect of application of IAS 29 (hyperinflation)	605.4	691.2
Acquisitions, (write-offs) and disposal through business combinations	401.3	26.4
Goodwill balance	R$ 40023.5	R$ 35009.9

Note 14 - Goodwill - Carrying A

Note 14 - Goodwill - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Goodwill		R$ 40023.5	R$ 35009.9	R$ 34276.2
Brazil 1 [member]
Statement Line Items [Line Items]
Goodwill		17,696.7	17,694.8
Goodwill, gross		102,939.3	102,937.4
Goodwill, non-controlling transactions	[1]	(85,242.6)	(85,242.6)
CAC [member] | DOMINICAN REPUBLIC
Statement Line Items [Line Items]
Goodwill		4,080.7	3,476.9
CAC [member] | PANAMA
Statement Line Items [Line Items]
Goodwill		1,806.5	1,400.5
Latin America, south [member] | ARGENTINA
Statement Line Items [Line Items]
Goodwill		2,415.2	1,972.2
Latin America, south [member] | BOLIVIA
Statement Line Items [Line Items]
Goodwill		1,838.2	1,425.7
Latin America, south [member] | CHILE
Statement Line Items [Line Items]
Goodwill		63.9	47.3
Latin America, south [member] | PARAGUAY
Statement Line Items [Line Items]
Goodwill		998.9	836.6
Latin America, south [member] | URUGUAY
Statement Line Items [Line Items]
Goodwill		182	160.1
Canada 1 [member]
Statement Line Items [Line Items]
Goodwill		R$ 10941.4	R$ 7995.8
[1]	This refers to the exchange of shareholdings transaction in 2013 as a result of the adoption of the predecessor basis of accounting.

Note 14 - Goodwill - Weighted A

Note 14 - Goodwill - Weighted Average Cost of Capital (Details) - Weighted average cost of capital, measurement input [member]	Dec. 31, 2020
CHILE
Statement Line Items [Line Items]
Weighted average cost of capital	0.0721
BRAZIL
Statement Line Items [Line Items]
Weighted average cost of capital	0.0967

Note 15 - Intangible - Reconcil

Note 15 - Intangible - Reconciliation of Changes in Intangible Assets (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Intangible assets, beginning balance	R$ 6306.4
Intangible assets, final balance	7,580.6	R$ 6306.4
Intangible assets	7,580.6	6,306.4
Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	10,165	9,162.7
Effect of movements in foreign exchange in the balance sheet	836	(489.9)
Effect of application of IAS 29 (hyperinflation)	665.8	553.2
Additions	270.8	614.8
Disposals	(1.1)	(0.6)
Acquisitions through business combinations	27.6	2.6
Transfers to other asset categories	312.7	322.2
Intangible assets, final balance	12,276.8	10,165
Intangible assets	12,276.8	10,165
Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	(3,858.6)	(3,322.1)
Effect of movements in foreign exchange in the balance sheet	(52.2)	119.3
Effect of application of IAS 29 (hyperinflation)	(277.1)	(130.2)
Disposals	0.5	0.4
Transfers to other asset categories	2.9	1.3
Intangible assets, final balance	(4,696.2)	(3,858.6)
Amortization	(511.7)	(527.3)
Intangible assets	(4,696.2)	(3,858.6)
Brand names [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	4,744.2
Intangible assets, final balance	5,653.3	4,744.2
Intangible assets	5,653.3	4,744.2
Brand names [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	4,744.2	4,701.3
Effect of movements in foreign exchange in the balance sheet	646.7	(360.9)
Effect of application of IAS 29 (hyperinflation)	348.2	385.7
Additions	9.1	0.2
Disposals		(0.2)
Acquisitions through business combinations	27.6
Transfers to other asset categories	(122.5)	18.1
Intangible assets, final balance	5,653.3	4,744.2
Intangible assets	5,653.3	4,744.2
Brand names [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance
Effect of movements in foreign exchange in the balance sheet
Effect of application of IAS 29 (hyperinflation)
Disposals
Transfers to other asset categories
Intangible assets, final balance
Amortization
Intangible assets
Distribution contracts [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	627.7
Intangible assets, final balance	700.1	627.7
Intangible assets	700.1	627.7
Distribution contracts [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	2,956.3	2,393.1
Effect of movements in foreign exchange in the balance sheet	75.3	(13.7)
Effect of application of IAS 29 (hyperinflation)	28.5	30.9
Additions	168.7	539.5
Disposals	(0.6)
Acquisitions through business combinations
Transfers to other asset categories	56.3	6.5
Intangible assets, final balance	3,284.5	2,956.3
Intangible assets	3,284.5	2,956.3
Distribution contracts [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	(2,328.6)	(2,011.8)
Effect of movements in foreign exchange in the balance sheet	6.8	27.8
Effect of application of IAS 29 (hyperinflation)	(28.4)	(28.2)
Disposals
Transfers to other asset categories
Intangible assets, final balance	(2,584.4)	(2,328.6)
Amortization	(234.2)	(316.4)
Intangible assets	(2,584.4)	(2,328.6)
Computer software [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	670.1
Intangible assets, final balance	779.9	670.1
Intangible assets	779.9	670.1
Computer software [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	1,801.2	1,446.5
Effect of movements in foreign exchange in the balance sheet	40.6	(77.6)
Effect of application of IAS 29 (hyperinflation)	85.3	92
Additions	20.2	25.1
Disposals	(0.5)	(0.4)
Acquisitions through business combinations
Transfers to other asset categories	291.4	315.6
Intangible assets, final balance	2,238.2	1,801.2
Intangible assets	2,238.2	1,801.2
Computer software [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	(1,131.1)	(940.9)
Effect of movements in foreign exchange in the balance sheet	(25.6)	51.5
Effect of application of IAS 29 (hyperinflation)	(57.7)	(59.5)
Disposals	0.5	0.4
Transfers to other asset categories	2.9	0.1
Intangible assets, final balance	(1,458.3)	(1,131.1)
Amortization	(247.3)	(182.7)
Intangible assets	(1,458.3)	(1,131.1)
Other intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	264.4
Intangible assets, final balance	447.3	264.4
Intangible assets	447.3	264.4
Other intangible assets [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	663.3	621.8
Effect of movements in foreign exchange in the balance sheet	73.4	(37.7)
Effect of application of IAS 29 (hyperinflation)	203.8	44.6
Additions	72.8	50
Disposals
Acquisitions through business combinations		2.6
Transfers to other asset categories	87.5	(18)
Intangible assets, final balance	1,100.8	663.3
Intangible assets	1,100.8	663.3
Other intangible assets [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, beginning balance	(398.9)	(369.4)
Effect of movements in foreign exchange in the balance sheet	(33.4)	40
Effect of application of IAS 29 (hyperinflation)	(191)	(42.5)
Disposals
Transfers to other asset categories		1.2
Intangible assets, final balance	(653.5)	(398.9)
Amortization	(30.2)	(28.2)
Intangible assets	R$ 653.5	R$ 398.9

Note 15 - Intangible - Intangib

Note 15 - Intangible - Intangible Assets by Location (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	R$ 5653.3	R$ 4744.2
Intangible assets in Argentina [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	1,523	1,193.9
Intangible assets in Bolivia [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	890.9	691
Intangible assets in Brazil [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	3.3	11.6
Intangible assets in Canada [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	218.5	266.3
Intangible assets in Chile [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	94.4	69.9
Intangible assets in Luxembourg [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	339.6	339.6
Intangible assets in Paraguay [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	568.4	476.2
Intangible assets in the Dominican Republic [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	1,534.9	1,310.4
Intangible assets in Panama [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	357.4	277.2
Intangible assets in Uruaguay [member]
Statement Line Items [Line Items]
Intangible assets with indefinite useful life	R$ 122.9	R$ 108.1

Note 16 - Investment Securiti_3

Note 16 - Investment Securities - Portions of Investment Securities (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Debt held-to-maturity(i)	[1]	R$ 213.9	R$ 163.6
Non-current investments in securities		213.9	163.6
Financial assets at fair value through profit or loss-held for trading		1,700	14.6
Current investments in securities		1,700	14.6
Total		R$ 1913.9	R$ 178.2
[1]	The balance refers substantially to Bank Deposit Certificates ("CDBs") linked to tax incentives and do not have immediate convertibility into a known amount of cash.

Note 17 - Deferred Income Tax_3

Note 17 - Deferred Income Tax and Social Contribution (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement Line Items [Line Items]
Applicable tax rate	30.26%	28.94%	30.17%
Tax credit related to tax losses	R$ 970.0	R$ 707.1
Tax loses carried forward in relation to credit	R$ 3879.8	R$ 2811.6
BRAZIL
Statement Line Items [Line Items]
Deferred taxes rate	25.00%
Social contribution rate	9.00%
ARGENTINA
Statement Line Items [Line Items]
Applicable tax rate				35.00%
Applicable tax rate, first two years after legislation changes			30.00%
Applicable tax rate, later than two years after legislation changes			25.00%
Applicable tax rate, later than three years after legislation changes		25.00%
Applicable tax rate, first three years after legislation changes		30.00%

Note 17 - Deferred Income Tax_4

Note 17 - Deferred Income Tax and Social Contribution - Applied Rates (Details)	12 Months Ended
	Dec. 31, 2020
CANADA
Statement Line Items [Line Items]
Applied rates	26.50%
Bottom of range [member] | Central America and the Caribbean [member]
Statement Line Items [Line Items]
Applied rates	15.00%
Bottom of range [member] | Latin America, south [member]
Statement Line Items [Line Items]
Applied rates	10.00%	[1]
Top of range [member] | Central America and the Caribbean [member]
Statement Line Items [Line Items]
Applied rates	27.00%
Top of range [member] | Latin America, south [member]
Statement Line Items [Line Items]
Applied rates	30.00%	[1]
[1]	Amendments to Argentine tax legislation approved on December 29, 2017 affected the Company beginning in October 2018 reducing the income tax rate for the first two years from 35% to 30% and, in subsequent years, to 25%. Further, new amendments to the Argentine tax legislation approved on December 23, 2019 postponed for one year the application of the income tax rate of 25%, and extended for a third year the application of the 30% rate.

Note 17 - Deferred Income Tax_5

Note 17 - Deferred Income Tax and Social Contribution - Deferred Income Tax and Social Contribution by Type of Temporary Difference (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Gross deferred tax assets	R$ 8286.3	R$ 5313.9
Gross deferred tax liabilities	(6,768.9)	(4,734.9)
Net deferred tax assets / (liabilities)	1,517.4	579	R$ 359.9
Netting by taxable entity	(3,725.5)	(2,363.8)
Netting by taxable entity	3,725.5	2,363.8
Net deferred tax assets	4,560.8	2,950.1
Net deferred tax liabilities	(3,043.4)	(2,371.1)
Temporary differences, investments in securities [member]
Statement Line Items [Line Items]
Gross deferred tax assets	10.1	10
Gross deferred tax liabilities
Net deferred tax assets / (liabilities)	10.1	10
Temporary differences, intangibles [member]
Statement Line Items [Line Items]
Gross deferred tax assets
Gross deferred tax liabilities	(1,253)	(1,067.5)
Net deferred tax assets / (liabilities)	(1,253)	(1,067.5)
Temporary differences, employee benefits [member]
Statement Line Items [Line Items]
Gross deferred tax assets	971.2	750
Gross deferred tax liabilities	(3)	(3.9)
Net deferred tax assets / (liabilities)	968.2	746.1
Temporary differences, trade payables [member]
Statement Line Items [Line Items]
Gross deferred tax assets	3,917.1	2,330.3
Gross deferred tax liabilities	(230.3)	(246.6)
Net deferred tax assets / (liabilities)	3,686.8	2,083.7
Temporary differences, trade receivable [member]
Statement Line Items [Line Items]
Gross deferred tax assets	53	45.5
Gross deferred tax liabilities		(3.3)
Net deferred tax assets / (liabilities)	53	42.2
Temporary differences, derivatives [member]
Statement Line Items [Line Items]
Gross deferred tax assets	36.3	38.9
Gross deferred tax liabilities	(118.7)	(217.2)
Net deferred tax assets / (liabilities)	(82.4)	(178.3)
Temporary differences, interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Gross deferred tax assets
Gross deferred tax liabilities	(1.8)
Net deferred tax assets / (liabilities)	(1.8)
Temporary differences, inventories [member]
Statement Line Items [Line Items]
Gross deferred tax assets	288.7	372
Gross deferred tax liabilities	(67.6)	(67.1)
Net deferred tax assets / (liabilities)	221.1	304.9
Temporary differences, property, plant and equipment [member]
Statement Line Items [Line Items]
Gross deferred tax assets	430.8	290.4
Gross deferred tax liabilities	(1,609)	(1,423.4)
Net deferred tax assets / (liabilities)	(1,178.2)	(1,133)
Temporary differences, withholding tax over undistributed profits and royalties [member]
Statement Line Items [Line Items]
Gross deferred tax assets
Gross deferred tax liabilities	(1,538.8)	(1,115.1)
Net deferred tax assets / (liabilities)	(1,538.8)	(1,115.1)
Temporary differences, investments in joint ventures [member]
Statement Line Items [Line Items]
Gross deferred tax assets
Gross deferred tax liabilities	(421.6)	(421.6)
Net deferred tax assets / (liabilities)	(421.6)	(421.6)
Unused tax losses [member]
Statement Line Items [Line Items]
Gross deferred tax assets	1,739.7	877.3
Gross deferred tax liabilities		(148.4)
Net deferred tax assets / (liabilities)	1,739.7	728.9
Temporary differences, provisions [member]
Statement Line Items [Line Items]
Gross deferred tax assets	636	465.9
Gross deferred tax liabilities	(1.3)	(2.3)
Net deferred tax assets / (liabilities)	634.7	463.6
Impact of adoption of IFRS accounting policy [member]
Statement Line Items [Line Items]
Gross deferred tax assets	124.2	44.6
Gross deferred tax liabilities	(1.6)	(1.9)
Net deferred tax assets / (liabilities)	122.6	42.7
ICMS from the assessment bases of PIS COFINS [member]
Statement Line Items [Line Items]
Gross deferred tax assets
Gross deferred tax liabilities	(1,460.8)
Net deferred tax assets / (liabilities)	(1,460.8)
Temporary differences, other items [member]
Statement Line Items [Line Items]
Gross deferred tax assets	79.2	89
Gross deferred tax liabilities	(61.4)	(16.6)
Net deferred tax assets / (liabilities)	R$ 17.8	R$ 72.4

Note 17 - Deferred Income Tax_6

Note 17 - Deferred Income Tax and Social Contribution - Deferred Taxes Not Related to Tax Losses (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	R$ 1517.4	R$ 579.0	R$ 359.9
Temporary differences, investments in securities [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	10.1	10
Temporary differences, intangibles [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,253)	(1,067.5)
Temporary differences, employee benefits [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	968.2	746.1
Temporary differences, trade payables [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	3,686.8	2,083.7
Temporary differences, trade receivable [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	53	42.2
Temporary differences, derivatives [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(82.4)	(178.3)
Temporary differences, interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1.8)
Temporary differences, inventories [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	221.1	304.9
Temporary differences, property, plant and equipment [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,178.2)	(1,133)
Temporary differences, withholding tax over undistributed profits and royalties [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,538.8)	(1,115.1)
Temporary differences, investments in joint ventures [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(421.6)	(421.6)
Temporary differences, provisions [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	634.7	463.6
Impact of adoption of IFRS accounting policy [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	122.6	42.7
ICMS from the assessment bases of PIS COFINS [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,460.8)
Temporary differences, other items [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	17.8	R$ 72.4
Deferred taxes not related to tax losses [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(222.3)
Not later than one year [member] | Temporary differences, investments in securities [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)
Not later than one year [member] | Temporary differences, intangibles [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1.4)
Not later than one year [member] | Temporary differences, employee benefits [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	56.3
Not later than one year [member] | Temporary differences, trade payables [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(204.9)
Not later than one year [member] | Temporary differences, trade receivable [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	44.6
Not later than one year [member] | Temporary differences, derivatives [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(83.1)
Not later than one year [member] | Temporary differences, interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1.6)
Not later than one year [member] | Temporary differences, inventories [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	244.2
Not later than one year [member] | Temporary differences, property, plant and equipment [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	62.3
Not later than one year [member] | Temporary differences, withholding tax over undistributed profits and royalties [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(165.7)
Not later than one year [member] | Temporary differences, investments in joint ventures [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)
Not later than one year [member] | Temporary differences, provisions [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	335.6
Not later than one year [member] | Impact of adoption of IFRS accounting policy [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(0.7)
Not later than one year [member] | ICMS from the assessment bases of PIS COFINS [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)
Not later than one year [member] | Temporary differences, other items [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	35.9
Not later than one year [member] | Deferred taxes not related to tax losses [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	321.5
Later than one year [member] | Temporary differences, investments in securities [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	10.1
Later than one year [member] | Temporary differences, intangibles [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,251.6)
Later than one year [member] | Temporary differences, employee benefits [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	911.9
Later than one year [member] | Temporary differences, trade payables [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	3,891.7
Later than one year [member] | Temporary differences, trade receivable [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	8.4
Later than one year [member] | Temporary differences, derivatives [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	0.7
Later than one year [member] | Temporary differences, interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(0.2)
Later than one year [member] | Temporary differences, inventories [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(23.1)
Later than one year [member] | Temporary differences, property, plant and equipment [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,240.5)
Later than one year [member] | Temporary differences, withholding tax over undistributed profits and royalties [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,373.1)
Later than one year [member] | Temporary differences, investments in joint ventures [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(421.6)
Later than one year [member] | Temporary differences, provisions [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	299.1
Later than one year [member] | Impact of adoption of IFRS accounting policy [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	123.3
Later than one year [member] | ICMS from the assessment bases of PIS COFINS [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(1,460.8)
Later than one year [member] | Temporary differences, other items [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	(18.1)
Later than one year [member] | Deferred taxes not related to tax losses [member]
Statement Line Items [Line Items]
Net deferred tax assets / (liabilities)	R$ 543.8

Note 17 - Deferred Income Tax_7

Note 17 - Deferred Income Tax and Social Contribution - Deferred Tax Related to Tax Losses (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		R$ 1517.4	R$ 579.0	R$ 359.9
Unused tax losses [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		1,739.7	R$ 728.9
Unused tax losses [member] | Not later than one year [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		599.8
Unused tax losses [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		383.4
Unused tax losses [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		153.4
Unused tax losses [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		263.8
Unused tax losses [member] | Later than four years and not later than five years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		95.8
Unused tax losses [member] | Later than five years and not later than eight years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses		207.4
Unused tax losses [member] | Later than eight years and not later than ten years [member]
Statement Line Items [Line Items]
Deferred Tax Related to Tax Losses	[1]	R$ 36.1
[1]	There is no expectation of realization beyond a term of ten years.

Note 17 - Deferred Income Tax_8

Note 17 - Deferred Income Tax and Social Contribution - Net Change in Deferred Income Tax and Social Contribution (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Beginning balance	R$ 579.0	R$ 359.9
Recognition of actuarial gains/(losses)	56.2	80.9
Investment hedge - put option on a subsidiary’s interest	191.5	(13)
Cash flow hedge - gains/(losses)	96.8	106.7
Gains/(losses) on the translation of other foreign operations	1,529.5	660.5
Recognized in other comprehensive income	1,873	835.1
Recognized in the income statement	(713.6)	363.4	R$ 59.6
Changes directly in the balance sheet	(221)	(259.6)
Recognized in deferred tax	(174.3)	(263.5)
Effect of application of IAS 29 (hyperinflation)	(174.3)	(263.5)
Recognized in other groups in the balance sheet	(46.7)	3.9
Investment hedges in foreign operations	(1)
Final balance	R$ 1517.4	R$ 579.0	R$ 359.9

Note 18 - Recoverable Taxes (De

Note 18 - Recoverable Taxes (Details Textual) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Recoverable tax credit assets	R$ 7223.7	R$ 2913.8
REFRI [member]
Statement Line Items [Line Items]
Recoverable tax credit assets	4,300
STF decision [member]
Statement Line Items [Line Items]
Recoverable tax credit assets, after decision date	R$ 900.0

Note 18 - Recoverable Taxes - R

Note 18 - Recoverable Taxes - Recoverable Taxes (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Non-current		R$ 5695.8	R$ 671.1
Current		1,527.9	2,242.7
Total		7,223.7	2,913.8
PIS COFINS exclusion of ICMS [member]
Statement Line Items [Line Items]
Non-current	[1]	5,183.4	283.6
Current		712	1,429.3
ICMS [member]
Statement Line Items [Line Items]
Non-current		266.5	212.5
Current		563.4	573.6
Others [member]
Statement Line Items [Line Items]
Non-current		245.9	175
Current		75.5	95.3
IPI [member]
Statement Line Items [Line Items]
Current		R$ 177.0	R$ 144.5
[1]	As detailed in Note 30 - Contingencies, the Company has been recognizing PIS and COFINS credits arising from the exclusion of ICMS from the calculation basis. The corresponding entry for recognitions is recorded in the item recoverable PIS/COFINS - exclusion ICMS, and of the recognized values of this matter, those that still remain in assets are R$4.3 billion for the period called- REFRI; and R$0.9 billion referring to the period after the STF decision to date.

Note 19 - Inventories (Details

Note 19 - Inventories (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Net write-downs (reversals of write-downs) of inventories	R$ 194.2	R$ 109.8

Note 19 - Inventories - Schedul

Note 19 - Inventories - Schedule of Inventory (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Finished goods	R$ 2575.5	R$ 2080.7
Work in progress	518.3	450.8
Raw materials and consumables	3,513	2,637.4
Spare parts and others	758.8	602.6
Prepayments	381.4	328.3
Impairment losses	(141.1)	(121.2)
Total	R$ 7605.9	R$ 5978.6

Note 20 - Trade Receivables (De

Note 20 - Trade Receivables (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Impairment loss recognised in profit or loss, trade receivables	R$ 103.0	R$ 39.5

Note 20 - Trade Receivables - C

Note 20 - Trade Receivables - Current Trade Receivables (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Trade receivables	R$ 4861.0	R$ 4955.5
Bad debt provision	(676.5)	(603.5)
Trade receivables, net	4,184.5	4,352
Related parties (Note 32)	118.6	143.5
Total current trade receivables	R$ 4303.1	R$ 4495.5

Note 20 - Trade Receivables - A

Note 20 - Trade Receivables - Aging of Our Current Trade Receivables (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Trade receivables	R$ 4861.0	R$ 4955.5
Bad debt provision	(676.5)	(603.5)
Net, trade receivables	4,184.5	4,352
Current [member]
Statement Line Items [Line Items]
Trade receivables	3,925.9	3,852.3
Bad debt provision	(5.8)	(5.8)
Net, trade receivables	3,920.1	3,846.5
Less than one month [member]
Statement Line Items [Line Items]
Trade receivables	187.5	255.2
Bad debt provision		(0.1)
Net, trade receivables	187.5	255.1
Later than one month and not later than two months [member]
Statement Line Items [Line Items]
Trade receivables	53.2	82.4
Bad debt provision		(0.2)
Net, trade receivables	53.2	82.2
Later than two months and not later than three months [member]
Statement Line Items [Line Items]
Trade receivables	19	74.5
Bad debt provision	(4.3)	(0.5)
Net, trade receivables	14.7	74
Later than three months and less than six months [member]
Statement Line Items [Line Items]
Trade receivables	38.2	111.1
Bad debt provision	(29.2)	(16.9)
Net, trade receivables	9	94.2
Later than six months and less than 12 months [member]
Statement Line Items [Line Items]
Trade receivables	71.1	74.1
Bad debt provision	(71.1)	(74.1)
Net, trade receivables
Later than a year [member]
Statement Line Items [Line Items]
Trade receivables	566.1	505.9
Bad debt provision	(566.1)	(505.9)
Net, trade receivables

Note 21 - Cash and Cash Equiv_3

Note 21 - Cash and Cash Equivalents (Details Textual) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Short-term deposits, guarantee deposits	R$ 449	R$ 348

Note 21 - Cash and Cash Equiv_4

Note 21 - Cash and Cash Equivalents - Components of Cash and Cash Equivalents (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Short term bank deposits (i)	[1]	R$ 10968.0	R$ 6289.6
Current bank accounts		5,860.9	5,403.6
Cash		261.4	207.5
Cash and cash equivalents		R$ 17090.3	R$ 11900.7
[1]	The balance refers mostly to Bank Deposit Certificates - CDB, high liquidity, which are readily convertible into known amounts of cash and which are subject to an insignificant risk of change in value.

Note 22 - Changes in Equity (De

Note 22 - Changes in Equity (Details Textual) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Adjustments for share-based payments	R$ 208700	R$ 205700	R$ 161000
Investment reserve limit percentage of net income	60.00%
Statutory reserve limit percentage of net income	5.00%
Statutory reserve limit of capital stock	20.00%
Statutory reserve supplementation cutoff percentage related to capital stock	30.00%
Other comprehensive income, net of tax, gains (losses) on revaluation	R$ 258000	(106,300)	R$ 25700
Ambev Private Pension Institute of the defined benefits plan [member]
Statement Line Items [Line Items]
Other comprehensive income, net of tax, gains (losses) on revaluation	R$ 0	R$ 95600
Top of range [member] | Country of domicile [member]
Statement Line Items [Line Items]
Minimum mandatory dividend	40.00%	40.00%	40.00%

Note 22 - Changes in Equity - C

Note 22 - Changes in Equity - Capital Stock (Details) - BRL (R$) shares in Millions, R$ in Millions		12 Months Ended
		Dec. 31, 2020		Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Balance		R$ 62556.0		R$ 57454.8		R$ 47564.2
Capital increase, equity				12.8		103.1
Balance		R$ 75151.2		R$ 62556.0		57,454.8
Issued capital [member]
Statement Line Items [Line Items]
Beginning balance, common shares (in shares)		15,733.6	[1]	15,722.1
Balance		R$ 57866.8	[1]	R$ 57710.2		57,614.1
Capital increase, common shares (in shares)	[2]	1.5		11.5
Capital increase, equity		R$ 32.3	[2]	R$ 156.6	[2]	R$ 96.1
Final balance, common shares (in shares)		15,735.1	[1]	15,733.6	[1]	15,722.1
Balance		R$ 57899.1	[1]	R$ 57866.8	[1]	R$ 57710.2
[1]	The capital stock is totally subscribed and paid up.
[2]	Capital increase related to the issue of shares.

Note 22 - Changes in Equity -_2

Note 22 - Changes in Equity - Capital Reserves (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Beginning balance, capital reserves	R$ 75685.7
Final balance, capital reserves	80,905.6	R$ 75685.7
Treasury shares [member]
Statement Line Items [Line Items]
Beginning balance, capital reserves	(955.2)	(882.7)
Capital increase		(43.6)
Purchases of shares and results from treasury shares	13.5	(28.9)
Share-based payments, capital reserve
Final balance, capital reserves	(941.7)	(955.2)
Share premium [member]
Statement Line Items [Line Items]
Beginning balance, capital reserves	53,662.8	53,662.8
Capital increase
Purchases of shares and results from treasury shares
Share-based payments, capital reserve
Final balance, capital reserves	53,662.8	53,662.8
Other reserves [member]
Statement Line Items [Line Items]
Beginning balance, capital reserves	700.9	700.9
Capital increase
Purchases of shares and results from treasury shares
Share-based payments, capital reserve
Final balance, capital reserves	700.9	700.9
Reserve of share-based payments [member]
Statement Line Items [Line Items]
Beginning balance, capital reserves	1,403	1,300.3
Capital increase	(32.3)	(100.2)
Purchases of shares and results from treasury shares
Share-based payments, capital reserve	192.9	202.9
Final balance, capital reserves	1,563.6	1,403
Capital reserve [member]
Statement Line Items [Line Items]
Beginning balance, capital reserves	54,811.5	54,781.3
Capital increase	(32.3)	(143.8)
Purchases of shares and results from treasury shares	13.5	(28.9)
Share-based payments, capital reserve	192.9	202.9
Final balance, capital reserves	R$ 54985.6	R$ 54811.5

Note 22 - Changes in Equity - T

Note 22 - Changes in Equity - Treasury Shares (Details) - BRL (R$) shares in Millions, R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Balance, treasury shares acquired/realized (in shares)	3.6	1
Balance, treasury shares acquired/realized, amount	R$ 68.2	R$ 20.9
Balance, treasury shares (in shares)	(887)	(861.8)
Balance, treasury shares, amount	R$ 955.2	R$ 882.7
Changes during the year, treasury shares acquired/realized (in shares)	(3.4)	2.6
Changes during the year, treasury shares acquired/realized, amount	R$ 65.0	R$ 47.3
Changes during the year, treasury shares (in shares)	(51.5)	(25.2)
Changes during the year, treasury shares, amount	R$ 13.5	R$ 72.5
Balance, treasury shares acquired/realized (in shares)	0.2	3.6
Balance, treasury shares acquired/realized, amount	R$ 3.2	R$ 68.2
Balance, treasury shares (in shares)	(938.5)	(887)
Balance, treasury shares, amount	R$ 941.7	R$ 955.2

Note 22 - Changes in Equity - N

Note 22 - Changes in Equity - Net Income Reserves (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Balance	R$ 62556.0	R$ 57454.8	R$ 47564.2
Fiscal incentives reserve
Investments reserve
Balance	75,151.2	62,556	57,454.8
Net income reserves, investment reserve [member]
Statement Line Items [Line Items]
Balance	10,798.1	6,617.3
Fiscal incentives reserve
Investments reserve	3,713	4,180.8
Balance	14,511.1	10,798.1	6,617.3
Net income reserves, statutory reserve [member]
Statement Line Items [Line Items]
Balance	4.5	4.5
Fiscal incentives reserve
Investments reserve
Balance	4.5	4.5	4.5
Net income reserves, fiscal incentive [member]
Statement Line Items [Line Items]
Balance	10,071.6	8,719.5
Fiscal incentives reserve	1,332.8	1,352.1
Investments reserve
Balance	11,404.4	10,071.6	8,719.5
Net income reserves [member]
Statement Line Items [Line Items]
Balance	20,874.2	15,341.3	8,597.2
Fiscal incentives reserve	1,332.8	1,352.1	1,331.5
Investments reserve	3,713	4,180.8	5,412.6
Balance	R$ 25920.0	R$ 20874.2	R$ 15341.3

Note 22 - Changes in Equity - I

Note 22 - Changes in Equity - Interest on Shareholders' Equity Dividends (Details) - BRL (R$) R$ / shares in Units, R$ in Millions	Dec. 21, 2020	Dec. 09, 2020	Dec. 02, 2019	Dec. 03, 2018	May 15, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Amount per share, distribution (in BRL per share)	R$ 0.0767	R$ 0.4137		R$ 0.32
Amount, distribution	R$ 1206.9	R$ 6509.5		R$ 5030.5
Total amount						R$ 7716.4	R$ 7717.4	R$ 7545.6
Amount per share, dividends (in BRL per share)			R$ 0.4906		R$ 0.16
Amount, dividends			R$ 7717.4		R$ 2515.1

Note 22 - Changes in Equity -_3

Note 22 - Changes in Equity - Carrying Value Adjustments (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Balance		R$ 62556.0	R$ 57454.8	R$ 47564.2
Gains/(losses) on translation of foreign operations		7,686.2	(522.5)	1,766.6
Cash flow hedges		101.4	(131.2)	493.7
Actuarial gains/(losses)		(258)	(106.3)	25.7
Total comprehensive income		19,261.5	11,428.4	13,633.7
Gains/(losses) on controlling interest		0.9	78.3	(46)	[1]
Tax on deemed dividends		(5.9)	(4.6)	(7.4)
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Balance		75,151.2	62,556	57,454.8
Carrying value adjustments, translation reserves [member]
Statement Line Items [Line Items]
Balance		3,583.4	4,089.2
Gains/(losses) on translation of foreign operations		7,493.1	(505.8)
Cash flow hedges
Actuarial gains/(losses)
Total comprehensive income		7,493.1	(505.8)
Options granted on subsidiaries
Gains/(losses) on controlling interest
Tax on deemed dividends
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Balance		11,076.5	3,583.4	4,089.2
Carrying value adjustments, cash flow hedge [member]
Statement Line Items [Line Items]
Balance		645.1	777.3
Gains/(losses) on translation of foreign operations
Cash flow hedges		99.4	(132.2)
Actuarial gains/(losses)
Total comprehensive income		99.4	(132.2)
Options granted on subsidiaries
Gains/(losses) on controlling interest
Tax on deemed dividends
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Balance		744.5	645.1	777.3
Carrying value adjustments, actuarial gains/losses [member]
Statement Line Items [Line Items]
Balance		(1,221)	(1,116.2)
Gains/(losses) on translation of foreign operations
Cash flow hedges
Actuarial gains/(losses)		(252.3)	(104.8)
Total comprehensive income		(252.3)	(104.8)
Options granted on subsidiaries
Gains/(losses) on controlling interest
Tax on deemed dividends
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Balance		(1,473.3)	(1,221)	(1,116.2)
Carrying value adjustments, put option granted on subsidiary [member]
Statement Line Items [Line Items]
Balance	[2]	(50.2)	(120.2)
Gains/(losses) on translation of foreign operations	[2]
Cash flow hedges	[2]
Actuarial gains/(losses)	[2]
Total comprehensive income	[2]
Options granted on subsidiaries	[2]	45.2	70
Gains/(losses) on controlling interest	[2]
Tax on deemed dividends	[2]
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting	[2]
Balance	[2]	(5)	(50.2)	(120.2)
Carrying value adjustments, gains (losses) of non-controlling interest's share [member]
Statement Line Items [Line Items]
Balance	[2]	14.5	19.6
Gains/(losses) on translation of foreign operations	[2]
Cash flow hedges	[2]
Actuarial gains/(losses)	[2]
Total comprehensive income	[2]
Options granted on subsidiaries	[2]	(82.6)
Gains/(losses) on controlling interest	[2]	0.4	(0.5)
Tax on deemed dividends	[2]	(5.9)	(4.6)
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting	[2]
Balance	[2]	(73.6)	14.5	19.6
Carrying value adjustments, business combination [member]
Statement Line Items [Line Items]
Balance		156.1	156.1
Gains/(losses) on translation of foreign operations
Cash flow hedges
Actuarial gains/(losses)
Total comprehensive income
Options granted on subsidiaries
Gains/(losses) on controlling interest
Tax on deemed dividends
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Balance		156.1	156.1	156.1
Carrying value adjustments, accounting adjustments for transactions between shareholders [member]
Statement Line Items [Line Items]
Balance		(75,402.4)	(75,390.6)
Gains/(losses) on translation of foreign operations
Cash flow hedges
Actuarial gains/(losses)
Total comprehensive income
Options granted on subsidiaries
Gains/(losses) on controlling interest
Tax on deemed dividends
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting		(11.8)	(11.8)
Balance		(75,414.2)	(75,402.4)	(75,390.6)
Carrying value adjustments [member]
Statement Line Items [Line Items]
Balance		(72,274.5)	(71,584.8)	(74,966.6)
Gains/(losses) on translation of foreign operations		7,493.1	(505.8)	1,643.7
Cash flow hedges		99.4	(132.2)	495.9
Actuarial gains/(losses)		(252.3)	(104.8)	24.8
Total comprehensive income		7,340.2	(742.8)	2,164.4
Options granted on subsidiaries		(37.4)	70
Gains/(losses) on controlling interest		0.4	(0.5)	1,042.5	[1]
Tax on deemed dividends		(5.9)	(4.6)	(7.4)
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting		(11.8)	(11.8)	(75.9)
Balance		R$ 64989.0	R$ 72274.5	R$ 71584.8
[1]	Of this amount, R$1,035.2 refers to the renegotiation of the shareholders' agreement from Tenedora to acquire 30% of the issued capital as at January 18, 2018.
[2]	Adjusted balances for comparative purposes.

Note 22 - Changes in Equity - D

Note 22 - Changes in Equity - Diluted Earnings (Details) - shares shares in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Weighted average number of shares at December 31 (i) (in shares)	[1]	15,733.1	15,727.5	15,718.1
Effect of shares options (in shares)		134.5	141.5	138.3
Weighted average number of shares (diluted) at December 31 (in shares)		15,867.6	15,869	15,856.4
[1]	Not including treasury shares.

Note 22 - Changes in Equity -_4

Note 22 - Changes in Equity - Calculation of Earnings Per Share (Details) - BRL (R$) R$ / shares in Units, shares in Millions, R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Income attributable to the equity holders of Ambev		R$ 11379.4	R$ 11780.0		R$ 10995.0
Weighted average number of shares at December 31 (i) (in shares)	[1]	15,733.1	15,727.5		15,718.1
Basic earnings per share - common - R$ (in BRL per share)	[2]	R$ 0.7233	R$ 0.749	[3]	R$ 0.6995
Weighted average numbers of shares (diluted) (in shares)		15,867.6	15,869		15,856.4
Diluted earnings per share - common - R$ (in BRL per share)	[2]	R$ 0.7171	R$ 0.7423	[3]	R$ 0.6934
[1]	Not including treasury shares.
[2]	Expressed in Brazilian Reais.
[3]	2019 restated to reflect the change in accounting policy, as Note 3.

Note 22 - Changes in Equity - B

Note 22 - Changes in Equity - Basis for Dividends (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Statement Line Items [Line Items]
Net income, attributable to the equity holders of Ambev		R$ 11379.4	R$ 11780.0	[1]	R$ 10995.0
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Retained earnings [member]
Statement Line Items [Line Items]
Net income, attributable to the equity holders of Ambev		11,379.4	11,780		10,995
Prescribed/additional dividends		26.1	28.2		30.1
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting		11.8	11.8		75.9
Retained earnings basis for dividends and destinations		12,762.2	13,250.3		14,289.7
Retained earnings [member] | IFRS 15 revenue from contracts with customers [member]
Statement Line Items [Line Items]
Impact of the adoption	[2]				(355.4)
Retained earnings [member] | IAS 29 [member]
Statement Line Items [Line Items]
Impact of the adoption	[3]	1,344.9	1,430.3		3,544.1
Net income reserves [member]
Statement Line Items [Line Items]
Reversal of the effects of the revaluation of property, plant and equipment on the predecessor basis of accounting
Dividends and interest on capital paid based on profit		7,716.4	7,717.4		7,545.6
Total of dividends and interest on capital		R$ 7716.4	R$ 7717.4		R$ 7545.6
Percentage of distributed profit		60.00%	58.00%		53.00%
Total distributed and accrued for distribution		R$ 7716.4	R$ 7717.4		R$ 7545.6
Net income reserves, investment reserve [member]
Statement Line Items [Line Items]
Total of dividends and interest on capital		R$ 7716.4	R$ 7717.4		R$ 7545.6
Percentage of distributed profit		60.00%	58.00%		53.00%
Total distributed and accrued for distribution		R$ 7716.4	R$ 7717.4		R$ 7545.6
[1]	2019 restated to reflect the change in accounting policy, as Note 3.
[2]	Impact of the adoption of IFRS 15, recognized on the date of initial application (January 1, 2018), already reflected in the consolidated financial statements of December 31, 2018.
[3]	As described in Note 1 (b) Application of inflation accounting and Financial Reporting in Hyperinflationary Economies.

Note 23 - Interest-bearing Lo_3

Note 23 - Interest-bearing Loans and Borrowing (Details Textual) - BRL (R$) R$ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2020
Statement Line Items [Line Items]
Total borrowings		R$ 37145.6	R$ 28652.4
Repayments of borrowings		R$ 2042.9	R$ 2352.7	R$ 2499.0
Promissory notes and bank credit notes (CCB) [member]
Statement Line Items [Line Items]
Total borrowings					R$ 3307.0
Repayments of borrowings	R$ 1756.0

Note 23 - Interest-Bearing Lo_4

Note 23 - Interest-Bearing Loans and Borrowing - Liabilities (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Balance, non-current		R$ 2053.5	R$ 2409.7
Balance, current		2,738.8	653.1
Secured bank loans [member]
Statement Line Items [Line Items]
Balance, non-current	[1]	238.4	284.5
Balance, current	[1]	1,940.8	176.7
Unsecured bank loans [member]
Statement Line Items [Line Items]
Balance, non-current	[1]	1.1	212.6
Balance, current	[1]	246.7	0.1
Debentures and unsecured bond issues [member]
Statement Line Items [Line Items]
Balance, non-current			106.6
Balance, current		108.6
Other unsecured loans [member]
Statement Line Items [Line Items]
Balance, non-current		98.9	94.1
Balance, current		36.7	40.3
Lease liabilities [member]
Statement Line Items [Line Items]
Balance, non-current		1,715.1	1,711.9
Balance, current		R$ 406.0	R$ 436.0
[1]	In the second quarter Ambev approved new loans for working capital financing. These include the issuance of promissory notes and bank credit notes (CCB), among other types of loans, for a total amount of R$3,307.0 at December 31, 2020, of these, R$1,756 settled in advance in the fourth quarter of 2020.

Note 23 - Interest-Bearing Lo_5

Note 23 - Interest-Bearing Loans and Borrowing - Debt Interest Rates (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Balance, current	R$ 2738.8	R$ 653.1
Balance, non-current	2,053.5	2,409.7
Debt denominated in US Dollars [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Balance, current	4.9	10.9
Balance, non-current		8.1
Debt denominated in US Dollars [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Balance, current		95.1
Balance, non-current		0.2
Debt denominated in CAD Dollars [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Balance, current	64.9	38
Balance, non-current	277.7	205.7
Debt denominated in CAD Dollars [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Balance, current		0.5
Balance, non-current
Reais debentures related to CDI [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Balance, current	851.3
Balance, non-current	1.1
Debt denominated in other Latin American currencies [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Balance, current	436.3	34.3
Balance, non-current	153.7	313.6
Reais debt [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Balance, current	1,333.1	423.9
Balance, non-current	1,372.4	1,634.3
Reais debt [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Balance, current	11.6	10
Balance, non-current	149.6	161.8
Reais debt related to ICMS [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Balance, current	36.7	40.4
Balance, non-current	R$ 99.0	R$ 86.0
Weighted average [member] | Debt denominated in US Dollars [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	4.19%	4.73%
Weighted average [member] | Debt denominated in US Dollars [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Average rate percentage		4.10%
Weighted average [member] | Debt denominated in CAD Dollars [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	3.50%	3.50%
Weighted average [member] | Debt denominated in CAD Dollars [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Average rate percentage		2.71%
Weighted average [member] | Reais debentures related to CDI [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	3.90%
Weighted average [member] | Debt denominated in other Latin American currencies [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	8.11%	9.95%
Weighted average [member] | Reais debt [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	5.42%	7.80%
Weighted average [member] | Reais debt [member] | Floating interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	9.33%	9.33%
Weighted average [member] | Reais debt related to ICMS [member] | Fixed interest rate [member]
Statement Line Items [Line Items]
Average rate percentage	4.54%	6.05%

Note 23 - Interest-bearing Lo_6

Note 23 - Interest-bearing Loans and Borrowing - Reconciliation of Liabilities (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Balance, current	R$ 2738.8	R$ 653.1
Balance, non-current	2,053.5	R$ 2409.7
Proceeds, current	643.3
Proceeds, non-current	3,124.5
Payments, current	(2,025.4)
Payments, non-current	(17.5)
Foreign exchange, current	66.8
Foreign exchange, non-current	129.5
Transfers between current and non-current, current	3,713
Transfers between current and non-current	(3,713)
New lease agreements, current
New lease agreements, non-current	506.6
Interest on leases	186.5
Payment of lease liabilities, current	(498.5)
Other movements, current
Other movements, non-current	R$ 386.3

Note 24 - Employee Benefits (De

Note 24 - Employee Benefits (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Post-employment benefit expense, defined contribution plans	R$ 61.1	R$ 29.7	R$ 32.2
Defined benefit obligation, at present value	3,244.3	2,262.6	1,892.3
Return on plan assets excluding interest income or expense, net defined benefit liability (asset)	334.7	530.1
Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan	33.6	56.2
Estimate of contributions expected to be paid to plan for next annual reporting period	371.2
Two health care plans from Fundacao Zerrenner [member]
Statement Line Items [Line Items]
Defined benefit obligation, at present value	R$ 705.0	R$ 694.0	R$ 677.9

Note 24 - Employee Benefits - N

Note 24 - Employee Benefits - Net Liability for Defined Benefit Plans (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Present value of funded obligations	R$ 7582.0	R$ 5958.2	R$ 5161.0
Fair value of plan assets	5,533.3	4,582.4	4,059.6
Present value of net funded obligations	(2,048.7)	(1,375.8)	(1,101.4)
Present value of unfunded obligations	(1,195.6)	(886.8)	(790.9)
Present value of net obligations	(3,244.3)	(2,262.6)	(1,892.3)
Asset ceiling	(160.5)	(297.3)	(298.3)
Net liabilities	(3,404.8)	(2,559.9)	(2,190.6)
Other long term employee benefits	(105.5)	(88.3)	(88.7)
Total employee benefit	(3,510.3)	(2,648.2)	(2,279.3)
Employee benefits assets [member]
Statement Line Items [Line Items]
Total employee benefit	33.6	56.2	64.3
Employee benefit liabilities [member]
Statement Line Items [Line Items]
Total employee benefit	R$ 3543.9	R$ 2704.4	R$ 2343.6

Note 24 - Employee Benefits - D

Note 24 - Employee Benefits - Defined Benefit Obligation (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Balance	R$ 2648.2	R$ 2279.3
Service costs	(51.4)	(41.6)	R$ 42.5
Balance	3,510.3	2,648.2	2,279.3
Present value of defined benefit obligation [member]
Statement Line Items [Line Items]
Balance	(6,845)	(5,951.9)	(5,785.1)
Acquisitions through shareholding exchange transactions			3.5
Service costs	(51.4)	(41.6)	(42.5)
Interest costs	(339.4)	(333.6)	(335.7)
Gains and (losses) on settlements or reductions in benefits	44.1	1.2	7
Contributions by plan participants	(6.1)	(4.3)	(4.4)
Actuarial gains and (losses) - geographical assumptions	54.5	0.5	9.9
Actuarial gains and (losses) - financial assumptions	(443.6)	(703.2)	(13.1)
Experience adjustments	(180.9)	119	106.4
Effect of exchange rate fluctuations	(1,531.7)	(385.7)	(321)
Benefits paid	521.9	454.6	423.1
Balance	R$ 8777.6	R$ 6845.0	R$ 5951.9

Note 24 - Employee Benefits - P

Note 24 - Employee Benefits - Plan Assets (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Balance	R$ 2648.2	R$ 2279.3
Administrative costs	5.2	4.1	R$ 3.8
Expected return, excluding interest income	334.7	530.1
Curtailments, settlements and other	(42.6)	(3.3)	(7.3)
Balance	3,510.3	2,648.2	2,279.3
Plan assets [member]
Statement Line Items [Line Items]
Balance	4,582.4	4,059.6	4,006.2
Interest income	245.2	257.5	267.8
Administrative costs	(5.2)	(4.1)	(3.8)
Expected return, excluding interest income	89.4	272.6	(168.8)
Contributions by employer	306.8	226.8	213.3
Contributions by plan participants	6.3	4.5	4.7
Exchange differences	812.1	221.1	170.6
Transfers	20
Curtailments, settlements and other	(1.8)	(0.9)	(8)
Benefits paid, excluding administrative costs	(521.9)	(454.7)	(422.4)
Balance	R$ 5533.3	R$ 4582.4	R$ 4059.6

Note 24 - Employee Benefits - A

Note 24 - Employee Benefits - Asset Ceiling (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Balance	R$ 2648.2	R$ 2279.3
Balance	3,510.3	2,648.2	R$ 2279.3
Effect of asset ceiling [member]
Statement Line Items [Line Items]
Balance	56.2	64.3	58.4
Acquisitions through shareholding exchange transaction			(4.9)
Interest income	12.2	6.9	4.2
Change in asset ceiling excluding amounts included in interest income/(expenses)	(48.9)	(9.6)	(0.6)
Effect of exchange rate fluctuations	14.1	1.9	7.2
Other		(7.3)
Balance	R$ 33.6	R$ 56.2	R$ 64.3

Note 24 - Employee Benefits -_2

Note 24 - Employee Benefits - Defined Benefit Plans Recognized in the Income Statement (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Service costs	R$ 51.4	R$ 41.6	R$ 42.5
Administrative costs	(5.2)	(4.1)	(3.8)
(Gains) losses on settlement and curtailment	42.6	3.3	7.3
Income from operations	(14)	(42.4)	(39)
Financial costs	(117.2)	(105.3)	(103)
Total employee benefit expenses	R$ 131.2	R$ 147.7	R$ 142.0

Note 24 - Employee Benefits - E

Note 24 - Employee Benefits - Employee Benefit Revenue/(Expenses) Allocation (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation	R$ 131.2	R$ 147.7	R$ 142.0
Employee benefit revenue (expenses) allocated to other operating income/(expenses), net [member]
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation		(0.2)
Employee benefit revenue (expenses) allocated to cost of sales [member]
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation	(28.9)	(26.5)	(19.2)
Employee benefit revenue (expenses) allocated to sales and marketing expenses [member]
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation	(9.9)	(8.9)	(8.8)
Employee benefit revenue (expenses) allocated to administrative expenses [member]
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation	24.8	(6.8)	(11)
Employee benefit revenue (expenses) allocated to financial expenses [member]
Statement Line Items [Line Items]
Employee Benefit Revenue/(Expenses) Allocation	R$ 117.2	R$ 105.3	R$ 103.0

Note 24 - Employee Benefits -_3

Note 24 - Employee Benefits - Actuarial Assumptions (Details)		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Bottom of range [member]
Statement Line Items [Line Items]
Discount rate	[1]	2.40%	3.10%	3.90%
Inflation	[1]	2.00%	2.00%	2.00%
Future salary increases	[1]	1.00%	1.00%	1.00%
Future pension increases	[1]	2.00%	2.00%	2.00%
Medical cost trend rate	[1]	4.50%	4.50%	4.50%
Life expectation for an over 65 years old male	[1]	84	83	83
Life expectation for an over 65 years old female	[1]	86	86	85
Top of range [member]
Statement Line Items [Line Items]
Discount rate	[1]	10.00%	9.70%	9.60%
Inflation	[1]	3.50%	3.80%	4.00%
Future salary increases	[1]	7.10%	7.10%	7.10%
Future pension increases	[1]	3.80%	3.80%	4.00%
Medical cost trend rate	[1]	6.90%	7.40%	7.90%
Life expectation for an over 65 years old male	[1]	87	87	87
Life expectation for an over 65 years old female	[1]	89	89	89
Weighted average [member]
Statement Line Items [Line Items]
Dental claims trend rate	[1]	3.30%	3.80%	4.00%
[1]	Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.

Note 24 - Employee Benefits - W

Note 24 - Employee Benefits - Weighted Principal Assumptions (Details) R$ in Millions	Dec. 31, 2020BRL (R$)Rate	Dec. 31, 2019BRL (R$)	Dec. 31, 2018BRL (R$)
Actuarial assumption of medical cost trend rates [member]
Statement Line Items [Line Items]
Change in assumption, percentage	1.00%
Increase in assumption	R$ 139.4	R$ 47.0	R$ 113.8
Decrease in assumption	R$ 118.6	40.2	98
Actuarial assumption of discount rates [member]
Statement Line Items [Line Items]
Change in assumption, percentage | Rate	0.50%
Increase in assumption	R$ 461.0	211.9	295.8
Decrease in assumption	R$ 492.6	(225.6)	(314.4)
Actuarial assumption of expected rates of salary increases [member]
Statement Line Items [Line Items]
Change in assumption, percentage	0.50%
Increase in assumption	R$ 24.3	(5.4)	(24.2)
Decrease in assumption	23.3	5.1	23
Actuarial assumption of life expectancy after retirement [member]
Statement Line Items [Line Items]
Increase in assumption	(295.6)	(129.5)	(177.8)
Decrease in assumption	R$ 287.1	R$ 125.9	R$ 174.0
Change in assumption, year	1

Note 24 - Employee Benefits -_4

Note 24 - Employee Benefits - Plan Assets Components (Details)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Plan assets, government bonds [member]
Statement Line Items [Line Items]
Plan assets percentage, rated	52.00%	50.00%	50.00%
Plan assets percentage, unrated
Plan assets percentage	52.00%	50.00%	50.00%
Plan assets, corporate bonds [member]
Statement Line Items [Line Items]
Plan assets percentage, rated	6.00%	7.00%	7.00%
Plan assets percentage, unrated
Plan assets percentage	6.00%	7.00%	7.00%
Plan assets, equity instruments [member]
Statement Line Items [Line Items]
Plan assets percentage, rated	6.00%	13.00%	13.00%
Plan assets percentage, unrated
Plan assets percentage	6.00%	13.00%	13.00%
Plan assets, cash [member]
Statement Line Items [Line Items]
Plan assets percentage, rated	1.00%	1.00%	1.00%
Plan assets percentage, unrated
Plan assets percentage	1.00%	1.00%	1.00%
Plan assets, others [member]
Statement Line Items [Line Items]
Plan assets percentage, rated	35.00%	29.00%	29.00%
Plan assets percentage, unrated
Plan assets percentage	35.00%	29.00%	29.00%

Note 25 - Share-based Payment_2

Note 25 - Share-based Payments (Details Textual)		12 Months Ended
		Dec. 31, 2020BRL (R$)R$ / shares	Dec. 31, 2019BRL (R$)R$ / shares	Dec. 31, 2018BRL (R$)R$ / shares	Dec. 31, 2017
Statement Line Items [Line Items]
Option life, share options granted	[1]	5	5	5
Weighted average remaining contractual life of outstanding share options (Year)		6 years 156 days	6 years 120 days	6 years 98 days
Number of share options outstanding in share-based payment arrangement at end of period		127,265,000	141,736,000	141,328,000	135,221,000
Number of share options vested in share-based payment arrangement		36,459,000	46,640,000	55,538,000
Weighted average share price for share options in share-based payment arrangement exercised during period at date of exercise (in BRL per share) | R$ / shares		R$ 15.23	R$ 18.68	R$ 21.83
Expense from share-based payment transactions with employees		R$ 223100000	R$ 219200000	R$ 162700000
Bottom of range [member]
Statement Line Items [Line Items]
Exercise prices of the outstanding options		11.97	0.001	0.001
Top of range [member]
Statement Line Items [Line Items]
Exercise prices of the outstanding options		R$ 43.95	R$ 34.37	R$ 27.43
Grant one [member]
Statement Line Items [Line Items]
Profit allocation, share-based payments, allocation option one		30.00%
Profit allocation, share-based payments, allocation option two		40.00%
Profit allocation, share-based payments, allocation option three		60.00%
Profit allocation, share-based payments, allocation option four		70.00%
Profit allocation, share-based payments, allocation option five		100.00%
Option life, share options granted		5
Grant two [member]
Statement Line Items [Line Items]
Option life, share options granted		5
Lot A [member]
Statement Line Items [Line Items]
Option life, share options granted		5
Lot B [member]
Statement Line Items [Line Items]
Option life, share options granted		10
Deferred stock units of Grant One [member]
Statement Line Items [Line Items]
Number of other new equity instruments introduced in share-based payment arrangement		153,000	208,000	426,000
Fair value of other equity instruments granted in share-based payment arrangement		R$ 2400000	R$ 3800000	R$ 7500000
Share-based payment arrangement, other equity instruments, grace period (Year)		5 years
Number of other equity instruments granted in share-based payment arrangement		1,901,000	4,167,000	3,429,000
Restricted shares under the share-based plan [Member]
Statement Line Items [Line Items]
Fair value of other equity instruments granted in share-based payment arrangement		R$ 315400000	R$ 211700000	R$ 239100000
Number of other equity instruments granted in share-based payment arrangement		21,066,000	11,838,000	13,055,000
Restricted shares under the share-based plan [Member] | Bottom of range [member]
Statement Line Items [Line Items]
Share-based payment arrangement, other equity instruments, grace period (Year)		3 years
Restricted shares under the share-based plan [Member] | Top of range [member]
Statement Line Items [Line Items]
Share-based payment arrangement, other equity instruments, grace period (Year)		5 years
[1]	Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.

Note 25 - Share-based Payment_3

Note 25 - Share-based Payments - Weighted Average Fair Value of the Options and Assumptions (Details) - BRL (R$)		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Fair value of options granted	[1]	R$ 4.04	R$ 4.50	R$ 5.62
Share price (in BRL per share)	[1]	R$ 18.05	R$ 17.66	R$ 18.04
Exercise price (in BRL per share)	[1]	R$ 18.05	R$ 17.66	R$ 18.04
Expected volatility	[1]	22.30%	23.80%	26.20%
Vesting year	[1]	5	5	5
Expected dividends	[1]	5.00%	5.00%	5.00%
Risk-free interest rate	[1],[2]	6.80%	7.80%	9.60%
[1]	Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.
[2]	The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs are calculated in U.S. Dollar.

Note 25 - Share-based Payment_4

Note 25 - Share-based Payments - Outstanding Options (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Options outstanding at January 1	141,736,000	141,328,000	135,221,000
Options issued during the period	22,000	24,593,000	19,899,000
Options exercised during the period	(5,730,000)	(7,849,000)	(9,988,000)
Options forfeited during the period	(8,763,000)	(16,336,000)	(3,804,000)
Options outstanding at the end of the year	127,265,000	141,736,000	141,328,000

Note 25 - Share-based Payment_5

Note 25 - Share-based Payments - Weighted Average Exercise Price of Options (Details) - R$ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Options outstanding at January 1, weighted average exercise price (in BRL per share)	R$ 18.53	R$ 16.16	R$ 15.27
Options issued during the period, weighted average exercise price (in BRL per share)	18.05	18.05	18.04
Options forfeited during the period, weighted average exercise price (in BRL per share)	22.96	21.24	18.55
Options exercised during the period, weighted average exercise price (in BRL per share)	8.30	9.07	7.47
Options outstanding at ended period, weighted average exercise price (in BRL per share)	19.81	18.53	16.16
Options exercisable at ended period, weighted average exercise price (in BRL per share)	R$ 23.70	R$ 19.12	R$ 2.25

Note 25 - Share-based Payment_6

Note 25 - Share-based Payments - Deferred Shares (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred stock units of Grant One [member]
Statement Line Items [Line Items]
Deferred shares outstanding at January 1	7,926,000	12,308,000	16,300,000
New shares during the period	153,000	208,000	426,000
Shares granted during the period	(1,901,000)	(4,167,000)	(3,429,000)
Shares forfeited during the period	(113,000)	(423,000)	(989,000)
Deferred shares outstanding at the end of the year	6,065,000	7,926,000	12,308,000
Restricted shares [member]
Statement Line Items [Line Items]
Deferred shares outstanding at January 1	23,836,000	12,656,000
New shares during the period	21,066,000	11,838,000	13,055,000
Shares granted during the period			(296,000)
Shares forfeited during the period	(1,444,000)	(658,000)	(103,000)
Deferred shares outstanding at the end of the year	43,458,000	23,836,000	12,656,000

Note 26 - Trade Payables (Detai

Note 26 - Trade Payables (Details Textual) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Trade payable [member]
Statement Line Items [Line Items]
Nominal contractual amounts, including interest	R$ 21071.0	R$ 16905.8

Note 26 - Trade Payables - Comp

Note 26 - Trade Payables - Components of Trade Payables (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Trade payables (I)	[1]	R$ 235.3	R$ 309.5
Non-current		655.8	309.5
Trade payables (I)	[1]	18,182.1	14,178.9
Related parties, current		1,157.1	890.7
Current		19,339.2	15,069.6
Total		R$ 19995.0	R$ 15379.1
[1]	The nominal contractual amounts, including interest are R$21,071 at December 31, 2020 (R$16,905.8 at December 31, 2019).

Note 27 - Provisions - Changes

Note 27 - Provisions - Changes in Provisions (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Balance		R$ 481.0	R$ 599.2
Effect of changes in foreign		3.2	(23.7)
Additions		455.9	685.6
Provisions used		(299.6)	(327.3)
Provisions reversed		(68.5)	(201.2)
Other movements	[1]		(251.6)
Balance		572	481
Provision for taxes other than income tax [member]
Statement Line Items [Line Items]
Balance		182.3	137.8
Effect of changes in foreign		0.2
Additions		49.3	195.6
Provisions used		(17.2)	(113)
Provisions reversed		(30.5)	(38.1)
Other movements	[1]
Balance		184.1	182.3
Provision for income tax [member]
Statement Line Items [Line Items]
Balance			169.3
Effect of changes in foreign			1.2
Additions			181.8
Provisions used			(1.9)
Provisions reversed			(98.8)
Other movements	[1]		(251.6)
Balance
Provisions for labor [member]
Statement Line Items [Line Items]
Balance		120.1	118.2
Effect of changes in foreign		(0.1)	(4.4)
Additions		174	193.1
Provisions used		(142.2)	(148.8)
Provisions reversed		(21.9)	(38)
Other movements	[1]
Balance		129.9	120.1
Legal proceedings provision [member]
Statement Line Items [Line Items]
Balance		64	54.9
Effect of changes in foreign		(0.8)	(2.8)
Additions		167.3	66
Provisions used		(132.2)	(52.6)
Provisions reversed		(11.5)	(1.5)
Other movements	[1]
Balance		86.8	64
Miscellaneous other provisions [member]
Statement Line Items [Line Items]
Balance		105.9	110.2
Effect of changes in foreign		1	(18.5)
Additions		58.2	49.1
Provisions used		(8)	(10.1)
Provisions reversed		(0.4)	(24.8)
Other movements	[1]
Balance		156.7	105.9
Total contingent provisions [member]
Statement Line Items [Line Items]
Balance		472.3	590.4
Effect of changes in foreign		0.3	(24.5)
Additions		448.8	685.6
Provisions used		(299.6)	(326.4)
Provisions reversed		(64.3)	(201.2)
Other movements	[1]		(251.6)
Balance		557.5	472.3
Restructuring provision [member]
Statement Line Items [Line Items]
Balance		8.7	8.8
Effect of changes in foreign		2.9	0.8
Additions		7.1
Provisions used			(0.9)
Provisions reversed		(4.2)
Other movements	[1]
Balance		R$ 14.5	R$ 8.7
[1]	Refers to the adoption of IFRIC 23 - Uncertainty over Income Tax Treatments.

Note 27 - Provisions - Disburse

Note 27 - Provisions - Disbursement Expectative (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Provisions	R$ 572.0	R$ 481.0	R$ 599.2
Not later than one year [member]
Statement Line Items [Line Items]
Provisions	124.9
Later than one year [member]
Statement Line Items [Line Items]
Provisions	447.1
Provision for taxes other than income tax [member]
Statement Line Items [Line Items]
Provisions	184.1	182.3	137.8
Provision for taxes other than income tax [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	42.6
Provision for taxes other than income tax [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	141.5
Provisions for labor [member]
Statement Line Items [Line Items]
Provisions	129.9	120.1	118.2
Provisions for labor [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	28.2
Provisions for labor [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	101.7
Legal proceedings provision [member]
Statement Line Items [Line Items]
Provisions	86.8	64	54.9
Legal proceedings provision [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	24
Legal proceedings provision [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	62.8
Miscellaneous other provisions [member]
Statement Line Items [Line Items]
Provisions	156.7	105.9	110.2
Miscellaneous other provisions [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	19
Miscellaneous other provisions [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	137.7
Total contingent provisions [member]
Statement Line Items [Line Items]
Provisions	557.5	472.3	590.4
Total contingent provisions [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	113.8
Total contingent provisions [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	443.7
Restructuring provision [member]
Statement Line Items [Line Items]
Provisions	14.5	R$ 8.7	R$ 8.8
Restructuring provision [member] | Not later than one year [member]
Statement Line Items [Line Items]
Provisions	11.1
Restructuring provision [member] | Later than one year [member]
Statement Line Items [Line Items]
Provisions	R$ 3.4

Note 28 - Financial Instrumen_3

Note 28 - Financial Instruments and Risks (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jul. 02, 2020
Statement Line Items [Line Items]
Value at risk exposure, probable	95.00%
Value at risk, duration (Day)	21 days
Value at risk, adverse scenario, deterioration percentage	25.00%
Value at risk, remote scenario, deterioration percentage	50.00%
Instruments sharing characteristic, highly liquid investments	R$ 798.9	R$ 816.9
Tenedora [Member] | ELJ [Member]
Statement Line Items [Line Items]
Put options, exercisable number of shares, percent of outstanding stock			15.00%
Put options, fair value	3,489.1
Tenedora [Member] | ELJ [Member] | Tranche A [Member]
Statement Line Items [Line Items]
Put options, exercisable number of shares, percent of outstanding stock			12.11%
Tenedora [Member] | ELJ [Member] | Tranche B [Member]
Statement Line Items [Line Items]
Put options, exercisable number of shares, percent of outstanding stock			2.89%
Equity swap transaction [member]
Statement Line Items [Line Items]
Total gains (losses) on financial assets at fair value through profit or loss	329.3	161.1
Equity price risk [member]
Statement Line Items [Line Items]
Risk exposure associated with instruments sharing characteristic	R$ 1700.0	R$ 1900.0
Bottom of range [member]
Statement Line Items [Line Items]
Trigger clause percentage, credit risk	10.00%
Top of range [member]
Statement Line Items [Line Items]
Trigger clause percentage, credit risk	15.00%

Note 28 - Financial Instrumen_4

Note 28 - Financial Instruments and Risks - Transactions Protected by Derivative Financial Instruments (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Notional	R$ 39472.9	R$ 30861.3
Total cost exposure [member]
Statement Line Items [Line Items]
Risk	(15,837.8)	(11,823.8)
Notional	15,588.4	11,630.3
Fair Value Assets	364.5	122.2
Fair Value Liability	(287.8)	(266.4)
Gain (loss) Finance Result	(1,283.7)	(1,147.1)
Gain (loss) Operational Result	1,599.2	873.5
Gain (loss) Equity	1,489.5	652.9
Commodities risk portion of cost exposure [member]
Statement Line Items [Line Items]
Risk	(2,629.1)	(2,293.5)
Notional	2,379.7	2,100
Fair Value Assets	343.9	36.8
Fair Value Liability	(7.8)	(74.8)
Gain (loss) Finance Result	(134.3)	(57.5)
Gain (loss) Operational Result	(104.2)	(197.1)
Gain (loss) Equity	157.4	(108.3)
US Dollars risk portion of cost exposure [member]
Statement Line Items [Line Items]
Risk	(13,087.7)	(9,192.4)
Notional	13,087.7	9,192.4
Fair Value Assets	8.7	44.3
Fair Value Liability	(271.8)	(188.6)
Gain (loss) Finance Result	(1,157.1)	(1,085.4)
Gain (loss) Operational Result	1,726	1,132.8
Gain (loss) Equity	1,430	795.5
Euros risk portion of cost exposure [member]
Statement Line Items [Line Items]
Risk	(50.8)	(177.6)
Notional	50.8	177.6
Fair Value Assets	1.9
Fair Value Liability	(0.3)	(3)
Gain (loss) Finance Result	(3.3)	(3.3)
Gain (loss) Operational Result	9.7	(4.3)
Gain (loss) Equity	13.8	(8.8)
Mexican Pesos risk portion of cost exposure [member]
Statement Line Items [Line Items]
Risk	(70.2)	(160.3)
Notional	70.2	160.3
Fair Value Assets	10	41.1
Fair Value Liability	(7.9)
Gain (loss) Finance Result	11	(0.9)
Gain (loss) Operational Result	(32.3)	(57.9)
Gain (loss) Equity	(111.7)	(25.5)
Total fixed asset exposure [member]
Statement Line Items [Line Items]
Risk	(1,042.5)	(816.9)
Notional	1,042.5	816.9
Fair Value Assets	1.7	11.4
Fair Value Liability	(31.3)	(53.8)
Gain (loss) Finance Result	(274.6)	(279.9)
Gain (loss) Operational Result	163.2	202.4
Gain (loss) Equity	280.8	199.9
US Dollars risk portion of fixed assets exposure [member]
Statement Line Items [Line Items]
Risk	(1,042.5)	(816.9)
Notional	1,042.5	816.9
Fair Value Assets	1.7	11.4
Fair Value Liability	(31.3)	(53.8)
Gain (loss) Finance Result	(274.6)	(279.9)
Gain (loss) Operational Result	163.2	202.4
Gain (loss) Equity	280.8	199.9
Total expenses exposure [member]
Statement Line Items [Line Items]
Risk	(345.8)	(262.1)
Notional	345.8	262.1
Fair Value Assets	0.5	2.2
Fair Value Liability	(10.7)	(17.3)
Gain (loss) Finance Result	(3.4)	(5.6)
Gain (loss) Operational Result	6.1	4.8
Gain (loss) Equity	2.7	2.7
US Dollars risk portion of the expenses exposure [member]
Statement Line Items [Line Items]
Risk	(345.8)	(262.1)
Notional	345.8	262.1
Fair Value Assets	0.5	2.2
Fair Value Liability	(10.7)	(17.3)
Gain (loss) Finance Result	(3.4)	(5.6)
Gain (loss) Operational Result	6.1	5
Gain (loss) Equity	2.7	2.8
Total debts exposure [member]
Statement Line Items [Line Items]
Risk	(233.3)	(362.7)
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result		5.9
Gain (loss) Operational Result
Gain (loss) Equity
Rupees risk portion of the expenses exposure [member]
Statement Line Items [Line Items]
Risk
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result
Gain (loss) Operational Result		(0.2)
Gain (loss) Equity		(0.1)
US Dollars risk portion of the debts exposure [member]
Statement Line Items [Line Items]
Risk	(4.9)	(114.3)
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result		0.6
Gain (loss) Operational Result
Gain (loss) Equity
Total cash exposure [member]
Statement Line Items [Line Items]
Risk
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result		(0.1)
Gain (loss) Operational Result
Gain (loss) Equity
Interest rates risk portion of the debt exposure [member]
Statement Line Items [Line Items]
Risk	(228.4)	(248.4)
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result		5.3
Gain (loss) Operational Result
Gain (loss) Equity
Interest rates risk portion of the cash exposure [member]
Statement Line Items [Line Items]
Risk
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result		(0.1)
Gain (loss) Operational Result
Gain (loss) Equity
Total equity exposure [member]
Statement Line Items [Line Items]
Risk	(1,740.5)	(1,873.4)
Notional	700.9	1,057.8
Fair Value Assets	142.6	37.5
Fair Value Liability		(17.9)
Gain (loss) Finance Result	(329.3)	161.1
Gain (loss) Operational Result
Gain (loss) Equity
Stock Exchange Prices risk portion of equity exposure [member]
Statement Line Items [Line Items]
Risk	(1,740.5)	(1,873.4)
Notional	700.9	1,057.8
Fair Value Assets	142.6	37.5
Fair Value Liability		(17.9)
Gain (loss) Finance Result	(329.3)	161.1
Gain (loss) Operational Result
Gain (loss) Equity
Total foreign investments exposure [member]
Statement Line Items [Line Items]
Risk
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result	1
Gain (loss) Operational Result		(28.5)
Gain (loss) Equity	(2.2)	28.5
US Dollars risk portion of the foreign investments exposure [member]
Statement Line Items [Line Items]
Risk
Notional
Fair Value Assets
Fair Value Liability
Gain (loss) Finance Result	1
Gain (loss) Operational Result		(28.5)
Gain (loss) Equity	(2.2)	28.5
Total financial risk exposure [member]
Statement Line Items [Line Items]
Risk	(19,199.9)	(15,138.9)
Notional	17,677.6	13,767.1
Fair Value Assets	509.3	173.3
Fair Value Liability	(329.8)	(355.4)
Gain (loss) Finance Result	(1,890)	(1,265.7)
Gain (loss) Operational Result	1,768.5	1,052.2
Gain (loss) Equity	R$ 1770.8	R$ 884.0

Note 28 - Financial Instrumen_5

Note 28 - Financial Instruments and Risks - Interest Rate Hedging (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Interest rate risk, Brazilian Reais [member]
Statement Line Items [Line Items]
Pre-hedge, post-fixed interest rate	3.90%	9.30%
Pre-hedge, post-fixed interest rate, amount	R$ 852.4	R$ 171.8
Pre-hedge, pre-set interest rate	5.40%	10.40%
Pre-hedge, pre-set interest rate, amount	R$ 3002.4	R$ 2006.7
Interest rate risk, US Dollars [member]
Statement Line Items [Line Items]
Pre-hedge, post-fixed interest rate		4.10%
Pre-hedge, post-fixed interest rate, amount		R$ 95.3
Pre-hedge, pre-set interest rate	4.20%	4.70%
Pre-hedge, pre-set interest rate, amount	R$ 4.9	R$ 19.1
Interest rate risk [member]
Statement Line Items [Line Items]
Pre-hedge, post-fixed interest rate, amount	852.4	267.6
Pre-hedge, pre-set interest rate, amount	R$ 3939.9	R$ 2617.5
Interest rate risk, Canadian Dollars [member]
Statement Line Items [Line Items]
Pre-hedge, post-fixed interest rate		2.70%
Pre-hedge, post-fixed interest rate, amount		R$ 0.5
Pre-hedge, pre-set interest rate	3.50%	3.50%
Pre-hedge, pre-set interest rate, amount	R$ 342.6	R$ 243.7
Interest rate risk, Argentinean Pesos [member]
Statement Line Items [Line Items]
Pre-hedge, pre-set interest rate	23.30%
Pre-hedge, pre-set interest rate, amount	R$ 4.5
Interest rate risk, Dominican Peso [member]
Statement Line Items [Line Items]
Pre-hedge, pre-set interest rate	9.80%	10.00%
Pre-hedge, pre-set interest rate, amount	R$ 342.7	R$ 209.7
Interest rate risk, Guatemalan Quetzal [member]
Statement Line Items [Line Items]
Pre-hedge, pre-set interest rate	8.40%	6.30%
Pre-hedge, pre-set interest rate, amount	R$ 15.3	R$ 12.0
Interest rate risk, other latin american currencies [member]
Statement Line Items [Line Items]
Pre-hedge, pre-set interest rate	8.10%	9.20%
Pre-hedge, pre-set interest rate, amount	R$ 48.6	R$ 126.3
Interest rate risk, Bolivian Peso [member]
Statement Line Items [Line Items]
Pre-hedge, pre-set interest rate	5.20%
Pre-hedge, pre-set interest rate, amount	R$ 178.9

Note 28 - Financial Instrumen_6

Note 28 - Financial Instruments and Risks - Sensitivity Analysis of Financial Instruments (Details) R$ in Millions	12 Months Ended
	Dec. 31, 2020BRL (R$)
Total risk exposures [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	R$ 84.6
Sensitivity value level, adverse scenario	334.6
Sensitivity value level, remote scenario	667.8
Fair value of hedges and transactions
Commodities hedge [member] | Commodities risk portion of cost exposure [member]
Statement Line Items [Line Items]
Fair value of hedging instruments	336.1
Sensitivity value level, probable scenario	113.4
Sensitivity value level, adverse scenario	(258.9)
Sensitivity value level, remote scenario	(853.8)
Commodities hedge [member] | Input purchases affecting the commodity risk portion of cost exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	(90.2)
Sensitivity value level, adverse scenario	321.3
Sensitivity value level, remote scenario	978.5
Fair value of hedging instrument transactions	(336.1)
Foreign currency exchange hedge [member] | Input purchases affecting the commodity risk portion of cost exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	369.2
Sensitivity value level, adverse scenario	3,561.6
Sensitivity value level, remote scenario	6,863.7
Fair value of hedging instrument transactions	259.4
Foreign currency exchange hedge [member] | Foreign exchange risk portion of cost exposure [member]
Statement Line Items [Line Items]
Fair value of hedging instruments	(259.4)
Sensitivity value level, probable scenario	(369.2)
Sensitivity value level, adverse scenario	(3,561.6)
Sensitivity value level, remote scenario	(6,863.7)
Foreign currency exchange hedge [member] | Foreign currency risk portion of fixed assets exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	(33.5)
Sensitivity value level, adverse scenario	(290.2)
Sensitivity value level, remote scenario	(550.8)
Fair value of hedging instrument transactions	(29.6)
Foreign currency exchange hedge [member] | Capex Purchases affecting the foreign currency exchange risk portion of the fixed assets exposure [member]
Statement Line Items [Line Items]
Fair value of hedging instruments	29.6
Sensitivity value level, probable scenario	33.5
Sensitivity value level, adverse scenario	290.2
Sensitivity value level, remote scenario	550.8
Foreign currency exchange hedge [member] | Total fixed asset exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario
Sensitivity value level, adverse scenario
Sensitivity value level, remote scenario
Fair value of hedges and transactions
Foreign currency exchange hedge [member] | Foreign currency exchange risk portion of expenses exposure [member]
Statement Line Items [Line Items]
Fair value of hedging instruments	(10.2)
Sensitivity value level, probable scenario	(11.6)
Sensitivity value level, adverse scenario	(96.7)
Sensitivity value level, remote scenario	(183.1)
Foreign currency exchange hedge [member] | Expenses that affect the foreign currency exchange risk portion of expenses exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	11.6
Sensitivity value level, adverse scenario	96.7
Sensitivity value level, remote scenario	183.1
Fair value of hedging instrument transactions	10.2
Foreign currency exchange hedge [member] | Total expenses exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario
Sensitivity value level, adverse scenario
Sensitivity value level, remote scenario
Fair value of hedges and transactions
Foreign currency exchange hedge [member] | Debt transaction affecting the foreign currency exchange risk portion of debt exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario
Sensitivity value level, adverse scenario	1.2
Sensitivity value level, remote scenario	2.4
Fair value of hedging instrument transactions
Commodities and foreign exchange hedges [member] | Total cost exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	23.2
Sensitivity value level, adverse scenario	62.4
Sensitivity value level, remote scenario	124.7
Fair value of hedging instrument transactions
Interest hedge [member] | Interest expenses affecting the interest rate portion of the debts exposure portion [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	0.8
Sensitivity value level, adverse scenario	11.1
Sensitivity value level, remote scenario	20.9
Fair value of hedging instrument transactions
Interest and foreign currency hedges [member] | Total debts exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	0.8
Sensitivity value level, adverse scenario	12.3
Sensitivity value level, remote scenario	23.3
Fair value of hedges and transactions
Equity instrument hedges [member] | Stock exchange price risk portion of the equity instrument exposure [member]
Statement Line Items [Line Items]
Fair value of hedging instruments	142.6
Sensitivity value level, probable scenario	95.6
Sensitivity value level, adverse scenario	(32.6)
Sensitivity value level, remote scenario	(207.8)
Equity instrument hedges [member] | Total equity exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	60.6
Sensitivity value level, adverse scenario	259.9
Sensitivity value level, remote scenario	519.8
Fair value of hedges and transactions
Expenses [member] | Stock exchange price risk portion of the equity instrument exposure [member]
Statement Line Items [Line Items]
Sensitivity value level, probable scenario	(35)
Sensitivity value level, adverse scenario	292.5
Sensitivity value level, remote scenario	727.6
Fair value of hedging instrument transactions	R$ 142.6

Note 28 - Financial Instrumen_7

Note 28 - Financial Instruments and Risks - Notional and Fair Value Amounts per Instrument and Maturity (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Notional value	R$ 39472.9	R$ 30861.3
Fair value	2,209.3	187.9
Not later than one year [member]
Statement Line Items [Line Items]
Notional value	30,359.1	22,454.9
Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value	4,699.4	4,381.6
Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value	763.2	867.3
Total cost exposure [member]
Statement Line Items [Line Items]
Notional value	15,588.4	11,630.3
Fair value	76.7
Total cost exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	15,511.2
Fair value	73.3
Total cost exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value	77.2
Fair value	3.4
Total cost exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total cost exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total cost exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Commodities risk portion of cost exposure [member]
Statement Line Items [Line Items]
Notional value	2,379.7	2,100
Fair value	336.1
Commodities risk portion of cost exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	2,302.5
Fair value	332.7
Commodities risk portion of cost exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value	77.2
Fair value	3.4
Commodities risk portion of cost exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Commodities risk portion of cost exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Commodities risk portion of cost exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of cost exposure [member]
Statement Line Items [Line Items]
Notional value	13,087.7	9,192.4
Fair value	(263.1)
US Dollars risk portion of cost exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	13,087.7
Fair value	(263.1)
US Dollars risk portion of cost exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of cost exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of cost exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of cost exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Euros risk portion of cost exposure [member]
Statement Line Items [Line Items]
Notional value	50.8	177.6
Fair value	1.6
Euros risk portion of cost exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	50.8
Fair value	1.6
Euros risk portion of cost exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Euros risk portion of cost exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Euros risk portion of cost exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Euros risk portion of cost exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Mexican Pesos risk portion of cost exposure [member]
Statement Line Items [Line Items]
Notional value	70.2	160.3
Fair value	2.1
Mexican Pesos risk portion of cost exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	70.2
Fair value	2.1
Mexican Pesos risk portion of cost exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Mexican Pesos risk portion of cost exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Mexican Pesos risk portion of cost exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Mexican Pesos risk portion of cost exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total fixed asset exposure [member]
Statement Line Items [Line Items]
Notional value	1,042.5	816.9
Fair value	(29.6)
Total fixed asset exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	1,042.5
Fair value	(29.6)
Total fixed asset exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total fixed asset exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total fixed asset exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total fixed asset exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of fixed assets exposure [member]
Statement Line Items [Line Items]
Notional value	1,042.5	816.9
Fair value	(29.6)
US Dollars risk portion of fixed assets exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	1,042.5
Fair value	(29.6)
US Dollars risk portion of fixed assets exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of fixed assets exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of fixed assets exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of fixed assets exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total expenses exposure [member]
Statement Line Items [Line Items]
Notional value	345.8	262.1
Fair value	(10.2)
Total expenses exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	345.8
Fair value	(10.2)
Total expenses exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total expenses exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total expenses exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total expenses exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of the expenses exposure [member]
Statement Line Items [Line Items]
Notional value	345.8	262.1
Fair value	(10.2)
US Dollars risk portion of the expenses exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	345.8
Fair value	(10.2)
US Dollars risk portion of the expenses exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of the expenses exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of the expenses exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
US Dollars risk portion of the expenses exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total equity exposure [member]
Statement Line Items [Line Items]
Notional value	700.9	1,057.8
Fair value	142.6
Total equity exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	700.9
Fair value	142.6
Total equity exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total equity exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total equity exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total equity exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Stock Exchange Prices risk portion of equity exposure [member]
Statement Line Items [Line Items]
Notional value	700.9	R$ 1057.8
Fair value	142.6
Stock Exchange Prices risk portion of equity exposure [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	700.9
Fair value	142.6
Stock Exchange Prices risk portion of equity exposure [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Stock Exchange Prices risk portion of equity exposure [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Stock Exchange Prices risk portion of equity exposure [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Stock Exchange Prices risk portion of equity exposure [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total risk exposures [member]
Statement Line Items [Line Items]
Notional value	17,677.6
Fair value	179.5
Total risk exposures [member] | Not later than one year [member]
Statement Line Items [Line Items]
Notional value	17,600.4
Fair value	176.1
Total risk exposures [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Notional value	77.2
Fair value	3.4
Total risk exposures [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total risk exposures [member] | Later than three years and not later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value
Total risk exposures [member] | Later than four years [member]
Statement Line Items [Line Items]
Notional value
Fair value

Note 28 - Financial Instrumen_8

Note 28 - Financial Instruments and Risks - Terms and Debt Repayment Schedule (Details) - BRL (R$) R$ in Millions		Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Carrying amount		R$ 37145.6	R$ 28652.4
Contractual cash flows		39,472.9	30,861.3
Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		30,359.1	22,454.9
Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows		4,699.4	4,381.6
Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows		763.2	867.3
Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		1,061.4	774.3
Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		2,589.8	2,383.2
Trade and other payables [member]
Statement Line Items [Line Items]
Carrying amount	[1]	32,353.3	25,589.6
Contractual cash flows	[1]	33,694.3	26,899.1
Trade and other payables [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows	[1]	27,340.5	21,592
Trade and other payables [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows	[1]	4,015.3	3,332.9
Trade and other payables [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows	[1]	272.2	286
Trade and other payables [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows	[1]	424.5	221.7
Trade and other payables [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows	[1]	1,641.8	1,466.5
Secured bank loans [member]
Statement Line Items [Line Items]
Carrying amount		2,179.2	461.2
Contractual cash flows		2,360.2	577.8
Secured bank loans [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		2,038.4	197.6
Secured bank loans [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows		82.6	70.3
Secured bank loans [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows		61.7	70.9
Secured bank loans [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		51.6	87.9
Secured bank loans [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		125.9	151.1
Unsecured bank loans [member]
Statement Line Items [Line Items]
Carrying amount		247.8	212.7
Contractual cash flows		271.3	214.5
Unsecured bank loans [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		270.2	21.1
Unsecured bank loans [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows		1.1	190.6
Unsecured bank loans [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows			2.8
Unsecured bank loans [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows
Unsecured bank loans [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows
Debentures and unsecured bond issues [member]
Statement Line Items [Line Items]
Carrying amount		108.6	106.6
Contractual cash flows		124.4	141.8
Debentures and unsecured bond issues [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		124.4	15.9
Debentures and unsecured bond issues [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows			122.5
Debentures and unsecured bond issues [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows
Debentures and unsecured bond issues [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows			3.4
Debentures and unsecured bond issues [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows
Other unsecured loans [member]
Statement Line Items [Line Items]
Carrying amount		135.6	134.4
Contractual cash flows		307.7	261.5
Other unsecured loans [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		52.9	56.1
Other unsecured loans [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows		42.1	49.1
Other unsecured loans [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows		31.2	41.3
Other unsecured loans [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		19.1	13.7
Other unsecured loans [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		162.4	101.3
Lease liabilities [member]
Statement Line Items [Line Items]
Carrying amount		2,121.1	2,147.9
Contractual cash flows		2,715	2,766.6
Lease liabilities [member] | Not later than one year [member]
Statement Line Items [Line Items]
Contractual cash flows		532.7	572.2
Lease liabilities [member] | Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Contractual cash flows		558.3	616.2
Lease liabilities [member] | Later than two years and not later than three years [member]
Statement Line Items [Line Items]
Contractual cash flows		398.1	466.3
Lease liabilities [member] | Later than three years and not later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		566.2	447.6
Lease liabilities [member] | Later than five years [member]
Statement Line Items [Line Items]
Contractual cash flows		R$ 659.7	R$ 664.3
[1]	Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries and charges, put options related to our participation in subsidiaries and other liabilities, except for related parties, with payment term of less than one year.

Note 28 - Financial Instrumen_9

Note 28 - Financial Instruments and Risks - Financial Instruments Recognized in the Financial Statements (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Financial asset	R$ 26142.5	R$ 18708.9
Financial liability	31,191.8	23,473.3
Financial liabilities at amortised cost, category [member]
Statement Line Items [Line Items]
Financial liability	27,368.3	20,025.7
Financial liabilities at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial liability	3,823.5	3,447.6
Trade payable [member]
Statement Line Items [Line Items]
Financial liability	19,995	15,379.1
Trade payable [member] | Financial liabilities at amortised cost, category [member]
Statement Line Items [Line Items]
Financial liability	19,995	15,379.1
Trade payable [member] | Financial liabilities at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial liability
Put option granted on subsidiary [member]
Statement Line Items [Line Items]
Financial liability	3,493.7	3,092.2
Derivative hedge [member]
Statement Line Items [Line Items]
Financial liability	329.8	337.5
Financial liabilities, derivatives [member]
Statement Line Items [Line Items]
Financial liability		17.9
Interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Financial liability	4,792.3	3,062.8
Other liabilities [member]
Statement Line Items [Line Items]
Financial liability	2,581	1,583.8
Other liabilities [member] | Financial liabilities at amortised cost, category [member]
Statement Line Items [Line Items]
Financial liability	2,581	1,583.8
Other liabilities [member] | Financial liabilities at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial liability
Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset	23,933.2	18,521
Financial assets at amortised cost, category [member] | Put option granted on subsidiary [member]
Statement Line Items [Line Items]
Financial liability
Financial assets at amortised cost, category [member] | Derivative hedge [member]
Statement Line Items [Line Items]
Financial liability
Financial assets at amortised cost, category [member] | Financial liabilities, derivatives [member]
Statement Line Items [Line Items]
Financial liability
Financial assets at amortised cost, category [member] | Interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Financial liability	4,792.3	3,062.8
Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset	2,209.3	187.9
Financial assets at fair value through profit or loss, category [member] | Put option granted on subsidiary [member]
Statement Line Items [Line Items]
Financial liability	3,493.7	3,092.2
Financial assets at fair value through profit or loss, category [member] | Derivative hedge [member]
Statement Line Items [Line Items]
Financial liability	329.8	337.5
Financial assets at fair value through profit or loss, category [member] | Financial liabilities, derivatives [member]
Statement Line Items [Line Items]
Financial liability		17.9
Financial assets at fair value through profit or loss, category [member] | Interest-bearing loans and borrowings [member]
Statement Line Items [Line Items]
Financial liability
Financial asset, cash and cash equivalents [member]
Statement Line Items [Line Items]
Financial asset	17,090.3	11,900.7
Financial asset, cash and cash equivalents [member] | Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset	17,090.3	11,900.7
Financial asset, cash and cash equivalents [member] | Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset
Trade receivables [member]
Statement Line Items [Line Items]
Financial asset	6,629	6,456.7
Trade receivables [member] | Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset	6,629	6,456.7
Trade receivables [member] | Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset
Financial asset, investment securities [member]
Statement Line Items [Line Items]
Financial asset	1,913.9	178.2
Financial asset, investment securities [member] | Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset	213.9	163.6
Financial asset, investment securities [member] | Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset	1,700	14.6
Derivatives [member]
Statement Line Items [Line Items]
Financial asset	142.6	37.6
Derivatives [member] | Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset
Derivatives [member] | Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset	142.6	37.6
Derivative hedge [member]
Statement Line Items [Line Items]
Financial asset	366.7	135.7
Derivative hedge [member] | Financial assets at amortised cost, category [member]
Statement Line Items [Line Items]
Financial asset
Derivative hedge [member] | Financial assets at fair value through profit or loss, category [member]
Statement Line Items [Line Items]
Financial asset	R$ 366.7	R$ 135.7

Note 28 - Financial Instrume_10

Note 28 - Financial Instruments and Risks - Fair Value Hierarchy (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Financial asset at fair value through profit and loss	R$ 1700.0	R$ 14.6
Derivatives assets at fair value through profit and loss	142.6	37.6
Derivatives - operational hedge	366.7	135.7
Total	2,209.3	187.9
Financial liabilities at fair value through profit and loss	3,493.7	3,092.2
Derivatives liabilities at fair value through profit and loss		17.9
Derivatives liabilities - operational hedge	329.8	337.5
Total	3,823.5	3,447.6
Level 1 of fair value hierarchy [member]
Statement Line Items [Line Items]
Financial asset at fair value through profit and loss	1,700	14.6
Derivatives assets at fair value through profit and loss
Derivatives - operational hedge	85.5	25.1
Total	1,785.5	39.7
Financial liabilities at fair value through profit and loss
Derivatives liabilities at fair value through profit and loss
Derivatives liabilities - operational hedge	102.6	43.2
Total	102.6	43.2
Level 2 of fair value hierarchy [member]
Statement Line Items [Line Items]
Financial asset at fair value through profit and loss
Derivatives assets at fair value through profit and loss	142.6	37.6
Derivatives - operational hedge	281.2	110.6
Total	423.8	148.2
Financial liabilities at fair value through profit and loss
Derivatives liabilities at fair value through profit and loss		17.9
Derivatives liabilities - operational hedge	227.2	294.3
Total	227.2	312.2
Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Financial asset at fair value through profit and loss
Derivatives assets at fair value through profit and loss
Derivatives - operational hedge
Total
Financial liabilities at fair value through profit and loss	3,493.7	3,092.2
Derivatives liabilities at fair value through profit and loss
Derivatives liabilities - operational hedge
Total	R$ 3493.7	R$ 3092.2

Note 28 - Financial Instrume_11

Note 28 - Financial Instruments and Risks - Reconciliation of Changes In the Assets Categorized At Level 3 (Details) R$ in Millions	12 Months Ended
	Dec. 31, 2020BRL (R$)
Statement Line Items [Line Items]
Financial liabilities balance	R$ 23473.3
Financial liabilities balance	31,191.8
Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Financial liabilities balance	3,092.2
Disbursement of investments	(83.5)
Reduction	(73.5)
Total gains and losses during the period	558.5
Losses/(gains) recognized in net income	(42.9)
Losses/(gains) recognized in equity	601.4
Financial liabilities balance	R$ 3493.7

Note 29 - Collateral and Cont_3

Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Others (Details Textual) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Collateral and other commitments	R$ 2428.9	R$ 2062.2
Cash guarantees	729.2	693.3
Guarantees held for derivative instruments	R$ 798.9	R$ 816.9

Note 29 - Collateral and Cont_4

Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Other - Components of Collateral and Commitments (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Collateral given for the Company’s own liabilities	R$ 799.0	R$ 817.0
Other commitments	1,629.9	1,245.2
Total	2,428.9	2,062.2
Commitments to suppliers	17,768.4	15,877.3
Total	R$ 17768.4	R$ 15877.3

Note 29 - Collateral and Cont_5

Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Other - Future Contractual Commitments (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Future contractual commitments	R$ 17768.4	R$ 15877.3
Not later than one year [member]
Statement Line Items [Line Items]
Future contractual commitments	9,218.2	9,300.5
Later than one year and not later than two years [member]
Statement Line Items [Line Items]
Future contractual commitments	2,934.8	3,861.9
Later than two years [member]
Statement Line Items [Line Items]
Future contractual commitments	R$ 5615.4	R$ 2714.9

Note 30 - Contingencies (Detail

Note 30 - Contingencies (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	R$ 81547.1	R$ 70524.1
Total provisions	572	481	R$ 599.2
Recoverable tax credits	5,400
Tax credit, before tax effects, recognized in other operating income (expense)	2,500
Tax credit, before tax effects, recognized in finance income	1,800
Estimated financial effect of contingent assets	1,900
Tax Credit Periods From 1990 to 2009 [Member]
Statement Line Items [Line Items]
Recoverable tax credits	1,100
Tax Credit Periods From 2009 to 2015 [Member]
Statement Line Items [Line Items]
Recoverable tax credits	4,300
Tax contingent liability related to IOC deduction [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	2,000
The State of Amazonas [member] | The tax contingent liability [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	509.8	499
Tax contingent liability [member] | AROSUCO AROMAS E SUCOS LTDA. [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	519	506.9
Tax contingent liability [member] | Anheuser-Busch Inbev Services LLC [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	R$ 10200.0	10,100
Estimated financial effect of contingent liabilities, percentage reimbursement (Rate)	70.00%
Tax contingent liability [member] | Beverage Associates Holding Limited [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	R$ 2300.0	2,200
Tax contingent liability [member] | Cervecería Nacional Dominicana S.A. [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	1,000	1,100
Tax contingent liability [member] | State of Minas Gerais and Rio de Janeiro [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	8,600	7,700
Total provisions	7.6	8.3
Legal proceedings contingent liability [member] | Department of Federal Revenue of Brazil [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	7,300	7,200
Total provisions	53	52.2
Legal proceedings contingent liability [member] | Brazilian federal tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	1,700	2,300
Legal proceedings contingent liability [member] | States of São Paulo, Rio de Janeiro, Minas Gerais and other States [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	2,000	2,000
Legal proceedings contingent liability [member] | State of Pernambuco [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	615.1	591.9
Total provisions	50	4.9
Tax contingent liability related to expenses [member] | Brazilian Tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	5,000	4,800
Tax contingent liability related to expenses [member] | Brazilian federal tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	10,200	3,900
Tax contingent liability related to taxes paid abroad [member] | Brazilian Tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	11,700	10,100
Tax contingent liability relating to Manaus Free Trade Zone - ZFM [member] | Brazilian federal tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	4,800	4,200
Tax contingent liability relating to IPI excise taxes [member] | Brazilian federal tax authorities [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	R$ 1600.0	R$ 1700.0

Note 30 - Contingencies - Estim

Note 30 - Contingencies - Estimates of Amounts of Possible Losses (Details) - BRL (R$) R$ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Line Items [Line Items]
Estimates of amounts of possible losses	R$ 81547.1	R$ 70524.1
Income tax and social contribution [member]
Statement Line Items [Line Items]
Estimates of amounts of possible losses	53,898	43,453
Value added and excise taxes [member]
Statement Line Items [Line Items]
Estimates of amounts of possible losses	23,299.3	22,226.3
PIS and COFINS tax contingent liability [member]
Statement Line Items [Line Items]
Estimates of amounts of possible losses	2,746.3	3,066.8
Other contingent liabilities [member]
Statement Line Items [Line Items]
Estimates of amounts of possible losses	R$ 1603.5	R$ 1778.0

Note 31 - Non-cash Items - Inve

Note 31 - Non-cash Items - Investment and Financing Activities Not Involving Cash (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Cash financing cost other than interests		R$ 2.1	R$ 142.2
Fair value of option granted on a subsidiary	238.4	(274.3)	(166.8)
Exchange transaction of shareholdings			36.5
Effect of application of IAS 29 (hyperinflation)	232.5	339.2	32.9
Acquisition of investments payables	21.1	20
Provision for taxes	108.9
Others			R$ 0.8

Note 32 - Related Parties (Deta

Note 32 - Related Parties (Details Textual) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fundacao Zerrenner [member]
Statement Line Items [Line Items]
Percentage of ownership held by a related party	10.20%
Expenses incurred by a related party	R$ 237.8	R$ 259.6
Asset leasing agreement	22.4
Fundacao Zerrenner [member] | Active employees [member]
Statement Line Items [Line Items]
Expenses incurred by a related party	209.8	229.6
Fundacao Zerrenner [member] | Retirees [member]
Statement Line Items [Line Items]
Expenses incurred by a related party	28	30
Anheuser-Busch, Inc [member]
Statement Line Items [Line Items]
Transfers under licence agreements from entity, related party transactions	2.1	1.8	R$ 2.0
Transfers under licence agreements to entity, related party transactions	R$ 644.0	R$ 456.9	R$ 431.6

Note 32 - Related Parties - Exp

Note 32 - Related Parties - Expenses Related to Management Members (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Short-term benefits (i)	[1]	R$ 26.0	R$ 31.2	R$ 24.1
Share-based payments (ii)	[2]	42.7	41.2	30.8
Total key management remuneration		R$ 68.7	R$ 72.4	R$ 54.9
[1]	These mainly correspond to management's salaries and profit sharing (including performance bonuses).
[2]	These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration paid to members of the Fiscal Council.

Note 32 - Related Parties - Tra

Note 32 - Related Parties - Transactions With Related Parties (Details) - BRL (R$) R$ in Millions		12 Months Ended
		Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Statement Line Items [Line Items]
Trade receivables, related parties		R$ 118.6	[1]	R$ 143.5
Other trade receivables, related parties		86.4	[1]	70
Trade payables, related parties		(1,157.1)		(890.7)
Dividends payable		(746.2)
Dividends receivables		1.6
Other trade payables, related parties				(108.9)
Noncurrent trade payables, related parties		(420.5)
Sales and others, related parties		84.6		57	R$ 85.8
Sales/service fees/reimbursement of expenses and others, related parties		0.2		0.4	0.2
Product purchases and others		(2,761.5)		(2,394.3)	(2,009.7)
Service fees/reimbursement of expenses and others, related parties		(37.7)		(21.7)	(30.8)
Net finance cost, related parties		12		(41.5)	(8)
Anheuser-Busch Africa [member]
Statement Line Items [Line Items]
Trade receivables, related parties	[1]	4.6
Other trade receivables, related parties	[1]
Trade payables, related parties
Dividends payable
Dividends receivables
Anheuser-Busch InBev N.V. [member]
Statement Line Items [Line Items]
Trade receivables, related parties		28.6	[1]	24.8
Other trade receivables, related parties			[1]
Trade payables, related parties		(84.6)		(46.7)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		0.3
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(80.6)
Service fees/reimbursement of expenses and others, related parties		(9.9)
Net finance cost, related parties
Interbrew International B.V. [member]
Statement Line Items [Line Items]
Trade receivables, related parties			[1]
Other trade receivables, related parties			[1]
Trade payables, related parties				(223.7)
Dividends payable		(647.5)
Dividends receivables
Other trade payables, related parties				(108.9)
Noncurrent trade payables, related parties		(420.5)
Sales and others, related parties
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties		10.5		(41.5)
Anheuser-Busch Packaging Group Inc. [member]
Statement Line Items [Line Items]
Sales and others, related parties
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(159.2)		(74.6)
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
Anheuser-Busch Procurement [member]
Statement Line Items [Line Items]
Trade receivables, related parties				1.1
Other trade receivables, related parties
Trade payables, related parties				(0.2)
Other trade payables, related parties
Sales and others, related parties		0.2			17
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(0.6)
Service fees/reimbursement of expenses and others, related parties		(17.3)
Net finance cost, related parties
Anheuser-Busch Inbev USA LLC [member]
Statement Line Items [Line Items]
Trade receivables, related parties		36.7	[1]	38.8
Other trade receivables, related parties		6.2	[1]	4.5
Trade payables, related parties		(250.1)		(180.9)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		35.2		52.2	49.1
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(977)		(802.3)	(739.2)
Service fees/reimbursement of expenses and others, related parties		(3.2)		(2.6)	(2.3)
Net finance cost, related parties
Anheuser-Busch Package [member]
Statement Line Items [Line Items]
Trade receivables, related parties	[1]
Other trade receivables, related parties	[1]
Trade payables, related parties		(321)
Dividends payable
Dividends receivables
Anheuser-Busch Inbev Services LLC [member]
Statement Line Items [Line Items]
Trade receivables, related parties		11.3	[1]	15.5
Other trade receivables, related parties			[1]
Trade payables, related parties		(1.8)		(2)
Dividends payable
Dividends receivables
Other trade payables, related parties
Cervecería Modelo de Mexico S. de R.L. de C.V. [member]
Statement Line Items [Line Items]
Trade receivables, related parties		5.1	[1]	16.1
Other trade receivables, related parties			[1]
Trade payables, related parties		(400)		(223.1)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		(0.1)		0.1	0.2
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(1,269.6)		(1,023.9)	(1,009.9)
Service fees/reimbursement of expenses and others, related parties				(2.1)	(5.8)
Net finance cost, related parties
Compañia Cervecera Ambev Peru S.A.C. [member]
Statement Line Items [Line Items]
Sales and others, related parties					0.1
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
Inbev Belgium N.V. [member]
Statement Line Items [Line Items]
Trade receivables, related parties		0.9	[1]	0.7
Other trade receivables, related parties		79.1	[1]	64.5
Trade payables, related parties		(19.4)		(23.8)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		(0.9)			0.1
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(102.3)		(159.3)	(107.1)
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
Bavaria S.A. [member]
Statement Line Items [Line Items]
Trade receivables, related parties		1	[1]	0.6
Other trade receivables, related parties			[1]
Trade payables, related parties		(11.3)		(64)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		26.1
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(48)
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
Ambrew [member]
Statement Line Items [Line Items]
Trade receivables, related parties	[1]
Other trade receivables, related parties	[1]
Trade payables, related parties
Dividends payable		(98.7)
Dividends receivables
Other related parties [member]
Statement Line Items [Line Items]
Trade receivables, related parties		10.2	[1]	18.7
Other trade receivables, related parties		1.1	[1]	0.8
Trade payables, related parties		(44.9)		(126.1)
Dividends payable
Dividends receivables
Other trade payables, related parties
Sales and others, related parties		8.5		4.7	19.3
Sales/service fees/reimbursement of expenses and others, related parties		0.2		0.4	0.2
Product purchases and others		(83.9)		(334.2)	(153.5)
Service fees/reimbursement of expenses and others, related parties				(17)	(22.7)
Net finance cost, related parties		1.5			R$ 8.0
Cervecería Peruanas [member]
Statement Line Items [Line Items]
Trade receivables, related parties	[1]	1.4
Other trade receivables, related parties	[1]
Trade payables, related parties		(10.9)
Dividends payable
Dividends receivables
Sales and others, related parties		13.3
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others		(40.3)
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
GCC India [member]
Statement Line Items [Line Items]
Sales and others, related parties
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others
Service fees/reimbursement of expenses and others, related parties		(7.3)
Net finance cost, related parties
Panamá Holding [member]
Statement Line Items [Line Items]
Trade receivables, related parties		18.8	[1]	27.2
Other trade receivables, related parties			[1]	0.2
Trade payables, related parties		(13.1)		(0.2)
Dividends payable
Dividends receivables		1.6
Other trade payables, related parties
Oriental Brewery [member]
Statement Line Items [Line Items]
Sales and others, related parties		2
Sales/service fees/reimbursement of expenses and others, related parties
Product purchases and others
Service fees/reimbursement of expenses and others, related parties
Net finance cost, related parties
[1]	The amount represents trading operations (purchase and sale) and reimbursements between the companies of the group.

Note 33 - Group of Companies -

Note 33 - Group of Companies - Consolidated Companies (Details)	12 Months Ended
	Dec. 31, 2020
Argentina 1 [member] | CERVECERIA Y MALTERIA QUILMES SAICA Y G [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	99.75%
Bolivia 1 [member] | CERVECERIA BOLIVIANA NACIONAL S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	85.67%
Brazil 1 [member] | AMBEV S.A. [member]
Statement Line Items [Line Items]
Status of ownership interest in subsidiary	Consolidating
Brazil 1 [member] | AROSUCO AROMAS E SUCOS LTDA. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Brazil 1 [member] | CRBS S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Brazil 1 [member] | CERVEJARIA Z.X. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Canada 1 [member] | LABATT BREWING COMPANY LIMITED [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Chile 1 [member] | CERVECERIA CHILE S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Spain 1 [member] | JALUA SPAIN, S.L. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Luxembourg 1 [member] | AMBEV LUXEMBOURG [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Guatemala 1 [member] | INDUSTRIAS DEL ATLÁNTICO, S.A [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	50.00%
Paraguay 1 [member] | CERVECERIA PARAGUAYA S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	87.36%
Dominican Republic 1 [member] | Cervecería Nacional Dominicana S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	84.71%
Uruguay 1 [member] | LINTHAL S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Uruguay 1 [member] | CERVECERIA Y MALTERIA PAYSSANDÚ S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	99.93%
Uruguay 1 [member] | MONTHIERS S.A. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Panama 1 [member] | Cerveceria Nacional S. de R.L. [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%