AMBEV S.A. | CIK:0001565025 | 3

  • Filed: 3/19/2018
  • Entity registrant name: AMBEV S.A. (CIK: 0001565025)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1565025/000129281418000752/0001292814-18-000752-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1565025/000129281418000752/abev-20171231.xml
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    • ifrs-full:DisclosureOfProvisionsExplanatory

    26.
    PROVISIONS
     
    (a) Provision changes
     
        Balance as of December 31, 2016     Effect of changes in foreign exchange rates     Additions     Provisions used and reversed     Balance as of December 31, 2017  
                                   
    Restructuring    
    7.4
    		      
    0.7
    		      
    -
    		      
    -
    		      
    8.1
    		  
                                             
    Provision for disputes and litigations                                        
    Taxes on sales    
    247.2
    		      
    0.2
    		      
    113.9
    		      
    (135.0
    		 )    
    226.3
    		  
    Income tax    
    323.4
    		      
    3.0
    		      
    167.4
    		      
    (336.8
    		 )    
    157.0
    		  
    Labor    
    165.8
    		      
    (1.4
    		 )    
    142.0
    		      
    (176.9
    		 )    
    129.5
    		  
    Civil    
    43.9
    		      
    (0.1
    		 )    
    65.4
    		      
    (74.0
    		 )    
    35.2
    		  
    Others    
    146.3
    		      
    (5.9
    		 )    
    69.8
    		      
    (84.7
    		 )    
    125.5
    		  
    Total of provision for disputes and litigations    
    926.6
    		      
    (4.2
    		 )    
    558.5
    		      
    (807.4
    		 )    
    673.5
    		  
                                             
    Total provisions    
    934.0
    		      
    (3.5
    		 )    
    558.5
    		      
    (807.4
    		 )    
    681.6
    		  
     
     
    (b)
    Disbursement expectative
     
        Balance as of December 31, 2017     1 year or less     1-2 years     2-5 years     Over 5 years  
                                   
    Restructuring    
    8.1
    		      
    7.3
    		      
    -
    		      
    0.8
    		      
    -
    		  
                                             
    Provision for disputes and litigations                                        
    Taxes on sales    
    226.3
    		      
    25.7
    		      
    179.9
    		      
    5.0
    		      
    15.7
    		  
    Income tax    
    157.0
    		      
    33.6
    		      
    100.7
    		      
    22.7
    		      
    -
    		  
    Labor    
    129.5
    		      
    77.3
    		      
    25.3
    		      
    17.6
    		      
    9.3
    		  
    Civil    
    35.2
    		      
    17.1
    		      
    15.4
    		      
    1.6
    		      
    1.1
    		  
    Others    
    125.5
    		      
    8.0
    		      
    30.3
    		      
    83.8
    		      
    3.4
    		  
    Total of provision for disputes and litigations    
    673.5
    		      
    161.7
    		      
    351.6
    		      
    130.7
    		      
    29.5
    		  
                                             
    Total provisions    
    681.6
    		      
    169.0
    		      
    351.6
    		      
    131.5
    		      
    29.5
    		  
     
    The expected settlement of provisions was based on management’s best estimate at the balance sheet date.
     
    Main lawsuits with probable likelihood of loss:
     
    (a) Income and Sales taxes
     
    In Brazil, the Company and its subsidiaries are involved in several administrative and judicial proceedings related to Income tax, ICMS, IPI, PIS and COFINS taxes. Such proceedings include, among others, tax offsets, credits and judicial injunctions exempting tax payment.
     
    (b) Labor
     
    The Company and its subsidiaries are involved in labor proceedings with former employees or former employees of service providers. The main issues involve overtime and related effects and respective charges.
     
    (c) Civil
     
    The Company is involved in civil lawsuits considered with probable likelihood of loss. The most relevant portion of these lawsuits refers to former distributors, mainly in Brazil, which are mostly claiming damages resulting from the termination of their contracts.
     
    The processes with possible probabilities are disclosed in Note
    30
    -
    Contingent liability
    .