Capitalization

The following table sets forth our consolidated current and noncurrent indebtedness, shareholders’ equity and total capitalization as of December 31, 2021:

September 30, 2021
R$ million
December 30, 2021
R$ million
March 31, 2021
R$ million
Borrowings and Financing – Current 23,803 42,106 46,088
Borrowings and Financing – Noncurrent 100,000 80,000 80,000
Lease Liabilities – Current 5,058 5,411 5,973
Lease Liabilities – Noncurrent 6,494 5,788 5,730
Shareholders’ Equity 153,641 135,084 138,715
Total capitalization (1) 288,996 268,389 276,506

(1) Total capitalization corresponds to the sum of short- and long-term debts with shareholders‘ equity,