| 12. | Property and Equipment, Net |
| (a) | Breakdown |
| Year ended December 31, 2016 | ||||||||||||
| Gross | Depreciation | Net | ||||||||||
| BRL | BRL | BRL | ||||||||||
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Leasehold improvements |
51,270 | (16,517 | ) | 34,753 | ||||||||
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Machinery and equipment |
20,918 | (7,119 | ) | 13,799 | ||||||||
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Hardware |
27,815 | (13,869 | ) | 13,946 | ||||||||
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Facilities |
6,694 | (1,920 | ) | 4,774 | ||||||||
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Furniture and fixture |
4,915 | (1,633 | ) | 3,282 | ||||||||
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Vehicles |
328 | (65 | ) | 263 | ||||||||
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Construction in progress |
3,385 | — | 3,385 | |||||||||
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Total property and equipment, net |
R$ | 115,325 | R$ | (41,123 | ) | R$ | 74,202 | |||||
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| Year ended December 31, 2017 | ||||||||||||||||
| Gross | Depreciation | Net | Net | |||||||||||||
| BRL | BRL | BRL | USD | |||||||||||||
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Leasehold improvements |
54,868 | (18,404 | ) | 36,464 | 11,023 | |||||||||||
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Machinery and equipment |
21,114 | (8,502 | ) | 12,612 | 3,813 | |||||||||||
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Hardware |
29,907 | (17,687 | ) | 12,220 | 3,694 | |||||||||||
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Facilities |
7,201 | (2,533 | ) | 4,668 | 1,411 | |||||||||||
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Furniture and fixture |
6,295 | (2,130 | ) | 4,165 | 1,259 | |||||||||||
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Vehicles |
165 | (87 | ) | 78 | 24 | |||||||||||
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Construction in progress |
2,832 | — | 2,832 | 856 | ||||||||||||
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Total property and equipment, net |
R$ | 122,382 | R$ (49,343) | R$ | 73,039 | US$ | 22,080 | |||||||||
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| (b) | Movement for the year |
| Leasehold | Machinery and | Furniture and | Construction | |||||||||||||||||||||||||||||||||
| improvements | equipment | Hardware | Facilities | fixture | Vehicles | in progress | Total | Total | ||||||||||||||||||||||||||||
| BRL | BRL | BRL | BRL | BRL | BRL | BRL | BRL | USD | ||||||||||||||||||||||||||||
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As of January 1, 2015 |
28,532 | 10,412 | 8,664 | 4,211 | 2,839 | 57 | 27 | 54,742 | ||||||||||||||||||||||||||||
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Additions |
2,131 | 4,525 | 4,536 | 1,963 | 530 | 129 | 7,902 | 21,716 | ||||||||||||||||||||||||||||
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Disposals |
(519 | ) | (113 | ) | (117 | ) | (4 | ) | (76 | ) | (3 | ) | — | (832 | ) | |||||||||||||||||||||
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Depreciation for the year |
(2,258 | ) | (1,521 | ) | (3,482 | ) | (569 | ) | (495 | ) | (33 | ) | — | (8,358 | ) | |||||||||||||||||||||
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Tranfers |
5,583 | 291 | 559 | 272 | 174 | — | (6,642 | ) | 237 | |||||||||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
(6 | ) | 2 | 99 | 59 | 23 | — | — | 177 | |||||||||||||||||||||||||||
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As of December 31, 2015 |
R$ | 33,463 | R$ | 13,596 | R$ | 10,259 | R$ | 5,932 | R$ | 2,995 | R$ | 150 | R$ | 1,287 | R$ | 67,682 | ||||||||||||||||||||
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Additions |
10,903 | 2,569 | 7,403 | 758 | 1,218 | 157 | 3,384 | 26,392 | ||||||||||||||||||||||||||||
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Disposals |
(180 | ) | (76 | ) | (220 | ) | (39 | ) | (194 | ) | (1 | ) | — | (710 | ) | |||||||||||||||||||||
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Depreciation for the year |
(9,833 | ) | (2,012 | ) | (4,054 | ) | (725 | ) | (629 | ) | (36 | ) | — | (17,289 | ) | |||||||||||||||||||||
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Tranfers |
602 | — | 673 | — | 11 | — | (1,286 | ) | — | |||||||||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
(202 | ) | (278 | ) | (115 | ) | (1,152 | ) | (119 | ) | (7 | ) | — | (1,873 | ) | |||||||||||||||||||||
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As of December 31, 2016 |
34,753 | 13,799 | 13,946 | 4,774 | 3,282 | 263 | 3,385 | 74,202 | 22,431 | |||||||||||||||||||||||||||
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Additions |
358 | 207 | 2,018 | 543 | 701 | — | 4,084 | 7,911 | 2,391 | |||||||||||||||||||||||||||
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Disposals |
— | — | (23 | ) | (7 | ) | (17 | ) | (152 | ) | — | (199 | ) | (60 | ) | |||||||||||||||||||||
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Depreciation for the year |
(1,944 | ) | (1,444 | ) | (3,925 | ) | (657 | ) | (524 | ) | (34 | ) | — | (8,528 | ) | (2,578 | ) | |||||||||||||||||||
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Tranfers |
3,340 | 131 | 206 | 205 | 755 | — | (4,637 | ) | — | — | ||||||||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
(43 | ) | (81 | ) | (2 | ) | (190 | ) | (32 | ) | 1 | — | (347 | ) | (104 | ) | ||||||||||||||||||||
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As of December 31, 2017 |
R$ | 36,464 | R$ | 12,612 | R$ | 12,220 | R$ | 4,668 | R$ | 4,165 | R$ | 78 | R$ | 2,832 | R$ | 73,039 | 22,080 | |||||||||||||||||||
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At December 31, 2016 and 2017, properties with a carrying amount of R$5,007 and R$4,547 (US$1,375), respectively were granted as collateral under certain loan and financing arrangements.
During the year ended December 31, 2017, the main additions to construction in progress relates to Shoestock’s store in São Paulo and Extrema warehouse expansion.