Netshoes (Cayman) Ltd. | CIK:0001562767 | 3

  • Filed: 3/29/2018
  • Entity registrant name: Netshoes (Cayman) Ltd. (CIK: 0001562767)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1562767/000119312518100098/0001193125-18-100098-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1562767/000119312518100098/nets-20171231.xml
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  • ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory

    9. Trade Accounts Receivable, Net

     

         Year ended December 31,  
         2016      2017      2017  
         BRL      BRL      USD  

    Trade accounts receivables

       R$ 215,716      R$ 134,039      US$ 40,519  

    Allowance for doubtful accounts

         (1,722      (20,871      (6,309
      

     

     

        

     

     

        

     

     

     

    Total trade accounts receivables,net

       R$     213,994      R$     113,168      US$     34,210  
      

     

     

        

     

     

        

     

     

     

    The changes in the allowance for doubtful trade accounts receivable for years ended December 31, 2015, 2016 and 2017 are as follows:

     

         Year ended December 31,  
         2015      2016      2017      2017  
         BRL      BRL      BRL      USD  

    Balance at January 1

       R$ (1,385    R$ (555    R$ (1,722    US$ (522

    Additions

         (5,833      (6,227      (25,443      (7,691

    Write-offs

         6,663        5,060        6,294        1,904  
      

     

     

        

     

     

        

     

     

        

     

     

     

    Balance at December 31

       R$ (555 )     R$ (1,722 )     R$ (20,871 )     US$ (6,309 ) 
      

     

     

        

     

     

        

     

     

        

     

     

     

    Information about the Company’s exposure to credit and other market risks is included in note 19.