|
|
|
2017 |
|
2016 |
|
||||||||||||
|
|
|
|
|
|
|
Judicial provision |
|
|
|
|
|
||||||
|
|
|
Asset |
|
Environmental |
|
Tax (ii) |
|
Labor |
|
Civil |
|
Environmental |
|
Total |
|
Total |
|
|
Balance at the beginning of the year |
|
159,117 |
|
80,016 |
|
26,299 |
|
11,773 |
|
15,415 |
|
4,259 |
|
296,879 |
|
197,359 |
|
|
Present value adjustment |
|
846 |
|
3,808 |
|
|
|
|
|
|
|
|
|
4,654 |
|
2,617 |
|
|
Additions |
|
4,303 |
|
16,843 |
|
4,503 |
|
11,765 |
|
5,832 |
|
4,570 |
|
47,816 |
|
104,749 |
|
|
Reversals |
|
— |
|
(13,176 |
) |
(14,569 |
) |
(10,359 |
) |
(63 |
) |
(3,852 |
) |
(42,019 |
) |
(11,794 |
) |
|
Judicial deposits, net of write-off |
|
— |
|
— |
|
695 |
|
3,358 |
|
(778 |
) |
— |
|
3,275 |
|
(6,530 |
) |
|
Write-off |
|
(5,068 |
) |
(3,847 |
) |
(2,932 |
) |
(3,703 |
) |
(2,508 |
) |
(608 |
) |
(18,666 |
) |
(7,678 |
) |
|
Interest and indexation |
|
— |
|
— |
|
4,429 |
|
3,818 |
|
341 |
|
234 |
|
8,822 |
|
4,926 |
|
|
Exchange variation |
|
(2,520 |
) |
191 |
|
150 |
|
(231 |
) |
81 |
|
(38 |
) |
(2,367 |
) |
16,416 |
|
|
Companies excluded from the consolidation |
|
(1,022 |
) |
— |
|
— |
|
— |
|
— |
|
— |
|
(1,022 |
) |
— |
|
|
Cost and interest revision |
|
43,789 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
43,789 |
|
(3,186 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at the end of the year |
|
199,445 |
|
83,835 |
|
18,575 |
|
16,421 |
|
18,320 |
|
4,565 |
|
341,161 |
|
296,879 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current |
|
— |
|
14,641 |
|
— |
|
— |
|
— |
|
— |
|
14,641 |
|
— |
|
|
Non-current |
|
199,445 |
|
69,194 |
|
18,575 |
|
16,421 |
|
18,320 |
|
4,565 |
|
326,520 |
|
296,879 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
199,445 |
|
83,835 |
|
18,575 |
|
16,421 |
|
18,320 |
|
4,565 |
|
341,161 |
|
296,879 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(i) |
In 2017, the Company conducted an update of its asset retirement obligations and potential environmental obligations. As a result of this study, which included the review of the timing of estimated disbursements, the Company recorded for Brazilian operations an additional asset retirement obligations in the amount of US$ 43,789, (US$ 38,541 related to cost revision and US$ 5,248 related to interest revision), and additional environmental obligations of US$ 16,843. For the new operation in Ambrosia, the Company recorded asset retirement obligations in the amount of US$ 4,227. |
|
(ii) |
The reversal of the tax provision in the amount of US$ 14,569 during the year ended December 31, 2017 relates to a favorable judicial pronouncement for the exclusion of ICMS (tax levied over the sale of goods) from the calculation basis of PIS and COFINS (taxes levied over revenues). |