DOEPE 17/04/2015 - Pág. 39 - Poder Executivo - Diário Oficial do Estado de Pernambuco
Recife, 17 de abril de 2015
Diário Oficial do Estado de Pernambuco - Poder Executivo
39
Companhia Hidro Elétrica do São Francisco - CHESF - CNPJ Nº 33.541.368/0001-16 - Companhia Aberta - Continuação
Subestações
Número
do Contrato
Empreeendimento
Em serviço:
(VWDomR5HWL¿FDGRUDQ
&$&&HPN9
(VWDomR,QYHUVRUDQ
&&&$HPN9
6(3HFpP,,HPN9
6($TXLUD],,HP N9
6(-RmR&kPDUD,,HP
N9 6(&HDUi0LULP,,
HPN9
Empresa
Participação da Estado da
Companhia Federação
Quantidade
(*)
Ano da
Concessão
Ano de
Vencimento
4.3. Investimentos em controladas
,QWHUOLJDomR(OpWULFD
GR0DGHLUD6$
5263
7'*7UDQVPLVVRUD
'HOPLUR*RXYHLD6$
([WUHPR]7UDQVPLVVRUD
GR1RUGHVWH(716$
0$&(
1DVGHPRQVWUDo}HV¿QDQFHLUDVLQGLYLGXDLVGD&RPSDQKLDDVSDUWLFLSDo}HVHPHQWLGDGHVFRQWURODGDVHPFRQMXQWRVmRUHFRQKHFLGDV
SHORPpWRGRGHHTXLYDOrQFLDSDWULPRQLDO
513%
4.4. Reconhecimento de receita
6(&DPSLQD*UDQGH,,,HP
N9
6(*DUDQKXQVHPN9
6(3DX)HUURHPN9
([WUHPR]7UDQVPLVVRUD
GR1RUGHVWH(716$
,QWHUOLJDomR(OpWULFD
*DUDQKXQV6$
&RQWURODGDV VmR WRGDV DV HQWLGDGHV QDV TXDLV D &RPSDQKLD GHWpP R FRQWUROH$ &RPSDQKLD FRQWUROD XPD HQWLGDGH TXDQGR HVWi
H[SRVWDRXWHPGLUHLWRDUHWRUQRVYDULiYHLVGHFRUUHQWHVGHVHXHQYROYLPHQWRFRPDHQWLGDGHHWHPDFDSDFLGDGHGHLQWHUIHULUQHVVHV
UHWRUQRVGHYLGRDRSRGHUTXHH[HUFHVREUHDHQWLGDGH
$UHFHLWDFRPSUHHQGHRYDORUMXVWRGDFRQWUDSUHVWDomRUHFHELGDRXDUHFHEHUGHFRUUHQWHGRFXUVRQRUPDOGDVDWLYLGDGHVGD&RPSD
QKLDH[FOXtGRVGHVFRQWRVDEDWLPHQWRVHHQFDUJRVVREUHYHQGDV
6,0
Em construção:
2VUHVXOWDGRVDWLYRVHSDVVLYRVGDVFROLJDGDVVmRLQFRUSRUDGRVjVGHPRQVWUDo}HV¿QDQFHLUDVFRPEDVHQRPpWRGRGHHTXLYDOrQFLD
SDWULPRQLDOSHORTXDORVLQYHVWLPHQWRVVmRLQLFLDOPHQWHUHJLVWUDGRVSHORYDORUGHFXVWRHHPVHJXLGDDMXVWDGRVSDUD¿QVGHUHFRQKH
FLPHQWRGDSDUWLFLSDomRGD&RPSDQKLDQROXFURRXSUHMXt]RHRXWURVUHVXOWDGRVDEUDQJHQWHVGDFROLJDGD
$&RPSDQKLDUHFRQKHFHDUHFHLWDTXDQGR L RVHXYDORUSRGHVHUPHQVXUDGRFRPVHJXUDQoD LL pSURYiYHOTXHEHQHItFLRVHFRQ{PL
FRVÀXLUmRSDUDD&RPSDQKLD H LLL TXDQGRFULWpULRVHVSHFt¿FRVWLYHUHPVLGRDWHQGLGRVSDUDFDGDXPDGHVXDVDWLYLGDGHV
513%
&RPSUHHQGHPDLQGDDVVHJXLQWHV
$/3(3%
5HFHLWD¿QDQFHLUDGHFRUUHQWHGDUHPXQHUDomRGRDWLYR¿QDQFHLURDWpR¿QDOGRSHUtRGRGDFRQFHVVmRDXIHULGDGHPRGRpro rataHTXH
OHYDHPFRQVLGHUDomRDWD[DGHUHWRUQRGRSURMHWR
3,0
,QIRUPDo}HVQmRDXGLWDGDV
5HFHLWDSDUDFREHUWXUDGRVJDVWRVGHRSHUDomRHPDQXWHQomRGRVDWLYRVGDWUDQVPLVVmRFRPEDVHQRFXVWRLQFRUULGR
5HFHLWDGHFRQVWUXomRSDUDDVH[SDQV}HVUHIRUoRVHPHOKRULDVGDLQIUDHVWUXWXUDXWLOL]DGDQDSUHVWDomRGRVVHUYLoRVGHWUDQVPLVVmR
GHHQHUJLDHOpWULFDQmRDSXUDQGRPDUJHPQDFRQVWUXomR
3URUURJDomRGDVFRQFHVV}HVGHVHUYLoRS~EOLFRGHHQHUJLDHOpWULFD±,QGHQL]DomR&RPSOHPHQWDU
4.5. Subvenções governamentais
(PGHMDQHLURGHR*RYHUQR)HGHUDOHPLWLXD/HLQUHJXODPHQWDGDSHOR'HFUHWRQ GHGHMDQHLUR
GHTXHGLVS}HVREUHDVFRQFHVV}HVGHJHUDomRWUDQVPLVVmRHGLVWULEXLomRGHHQHUJLDHOpWULFDVREUHDUHGXomRGRVHQFDUJRV
VHWRULDLVVREUHDPRGLFLGDGHWDULIiULDHGiRXWUDVSURYLGrQFLDV
$VVXEYHQo}HVJRYHUQDPHQWDLVGHFRUUHQWHVGHLQFHQWLYRV¿VFDLVVmRUHJLVWUDGDVQRUHVXOWDGRGRSHUtRGRFRPRUHGXomRGRLPSRVWR
DSXUDGRHPDWHQGLPHQWRDR3URQXQFLDPHQWR7pFQLFR&3& 5 IAS $SDUFHODGROXFURGHFRUUHQWHGHVVHVLQFHQWLYRV¿VFDLVp
REMHWRGHGHVWLQDomRj5HVHUYDGH/XFURGHQRPLQDGD5HVHUYDGH,QFHQWLYRV)LVFDLVHPFRQIRUPLGDGHFRPRDUWLJR $GD/HLQ
DTXDOVRPHQWHpXWLOL]DGDSDUDDXPHQWRGRFDSLWDOVRFLDORXHYHQWXDODEVRUomRGHSUHMXt]RV
3RUPHLRGDDOXGLGD/HLDVFRQFHVV}HVGHHQHUJLDHOpWULFDWUDWDGDVQRVDUWLJRV HGD/HLQ GHGHMXOKR
GH FXMRV SUD]RV GH YHQFLPHQWR RFRUUHULDP D SDUWLU GH IRUDP SURUURJDGDV SRU PDLV DQRV FRQIRUPH FRQGLo}HV
HVWDEHOHFLGDVQDUHIHULGD/HLHQRVUHVSHFWLYRVDGLWLYRVDRV&RQWUDWRVGH&RQFHVVmR
'HVWDFDVHHQWUHDVPXGDQoDVQRPRGHORGHQHJyFLRVDDOWHUDomRGRUHJLPHGHSUHoRSDUDWDULIDFDOFXODGDFRPEDVHQRVFXVWRVGH
RSHUDomRHPDQXWHQomRDFUHVFLGRVGHUHPXQHUDomRFRPUHYLV}HVSHULyGLFDVHDORFDomRGDVFRWDVGHJDUDQWLDItVLFDVGHHQHUJLDH
GHSRWrQFLDGDVXVLQDVKLGUHOpWULFDVjVFRQFHVVLRQiULDVGHVHUYLoRVS~EOLFRVGHGLVWULEXLomRGHHQHUJLDHOpWULFDGR6LVWHPD,QWHUOLJDGR
1DFLRQDO±6,1(SDUDDWUDQVPLVVmRDWDULID QRYD5HFHLWD$QXDO3HUPLWLGD±5$3 IRLGH¿QLGDSDUDFREULURVFXVWRVGHRSHUDomRH
PDQXWHQomRDFUHVFLGDGHUHPXQHUDomR
$ 5HVROXomR 1RUPDWLYD$QHHO Q GH GH GH]HPEUR GH HP FRPSOHPHQWR DR DUW GR 'HFUHWR Q GH GH
QRYHPEURGHHVWDEHOHFHFULWpULRVHSURFHGLPHQWRVSDUDFiOFXORGDSDUFHODGRVLQYHVWLPHQWRVYLQFXODGRVDEHQVUHYHUVtYHLV
GHDSURYHLWDPHQWRVKLGUHOpWULFRVUHDOL]DGRVDWpHDLQGDQmRDPRUWL]DGRVRXGHSUHFLDGRV$FRQFHVVLRQiULDPDQLIHVWRX
LQWHUHVVHHPQRUHFHELPHQWRGDLQGHQL]DomRFRPSOHPHQWDUUHIHUHQWHDRVLQYHVWLPHQWRVSRVWHULRUHVDR3URMHWR%iVLFRH
HPD&KHVIDSUHVHQWRXj$JrQFLD1DFLRQDOGH(QHUJLD(OpWULFD$1((/GRFXPHQWDomRFRPSUREDWyULDSDUDUHTXHULPHQWR
GH LQGHQL]DomR FRPSOHPHQWDU GRV LQYHVWLPHQWRV YLQFXODGRV D EHQV UHYHUVtYHLV DLQGD QmR DPRUWL]DGRV RX QmR GHSUHFLDGRV GRV
DWLYRVGHJHUDomRGHHQHUJLDHOpWULFDSDUD¿QVGRSURFHVVRGHLQGHQL]DomRGRV$SURYHLWDPHQWRV+LGUHOpWULFRVSUHYLVWRQRVWHUPRV
GD/HLQGH2YDORUGDLQGHQL]DomRFRPSOHPHQWDUUHTXHULGDj$1((/pGH5PLOK}HVHPYDORUHVGH
GH]HPEURGHFRUUHVSRQGHQWHDRVVHJXLQWHV$SURYHLWDPHQWRV+LGUHOpWULFRV ;LQJy3DXOR$IRQVR,,,,,,H,9$SRO{QLR6DOHV
0R[RWy /XL]*RQ]DJD ,WDSDULFD %RD(VSHUDQoD3HGUDH)XQLOFRPSRWrQFLDWRWDOLQVWDODGDGH 0:2UHFHELPHQWRVH
DSURYDGRVHGDUiSRULQGHQL]DomRHPHVSpFLHRXSRUUHFRQKHFLPHQWRQDEDVHWDULIiULD
(PD$QHHOSXEOLFRXD5HVROXomR1RUPDWLYDQ TXHGH¿QHRVFULWpULRVSDUDFiOFXORGR9DORU1RYRGH5HSRVLomR
915SDUD¿QVGHLQGHQL]DomRGDVLQVWDODo}HVGHWUDQVPLVVmRGDVFRQFHVVLRQiULDVTXHRSWDUDPSHODSURUURJDomRSUHYLVWDQD/HL
Q (VVD UHVROXomR HVWDEHOHFH TXH D FRQFHVVLRQiULD GHYHUi FRQWUDWDU XPD HPSUHVD FUHGHQFLDGD MXQWR j$QHHO SDUD
HODERUDUXPODXGRGHDYDOLDomRTXHGHYHUiFRQWHPSODUR9DORU1RYRGH5HSRVLomR915GRVDWLYRVTXHFRPS}HPDVLQVWDODo}HV
H[LVWHQWHVHPGHPDLRGHHDLQGDQmRGHSUHFLDGRVDWp(PD&KHVIDSUHVHQWRXj$JrQFLD1DFLRQDO
GH(QHUJLD(OpWULFD$1((/GRFXPHQWDomRFRPSUREDWyULDSDUDUHTXHULPHQWRGHLQGHQL]DomRFRPSOHPHQWDUHODERUDGDSRUHPSUHVD
FUHGHQFLDGDMXQWRj$QHHOSDUD¿QVGRSURFHVVRGHLQGHQL]DomRGDVLQVWDODo}HVGDGHQRPLQDGD5HGH%iVLFDGR6LVWHPD([LVWHQWH±
5%6(H'HPDLV,QVWDODo}HVGH7UDQVPLVVmR±53&FRQIRUPHD/HLQ2YDORUGDLQGHQL]DomRFRPSOHPHQWDUUHTXHULGD
j$1((/pGH5PLOK}HVHPYDORUHVGHGH]HPEURGH
$ &RPSDQKLD HVFODUHFH TXH RV YDORUHV UHTXHULGRV GDV LQGHQL]Do}HV FRPSOHPHQWDUHV GRV DWLYRV GH JHUDomR GH HQHUJLD HOpWULFD
H GDV LQVWDODo}HV GH WUDQVPLVVmR HVWmR VXMHLWRV j DSURYDomR SHOD$1((/ FRQIRUPH SUHYLVWR QDV 5HVROXo}HV$1((/ Q GH
HQ GHGHVWDIRUPDRVHIHLWRVHFRQ{PLFR¿QDQFHLURVSDUDD&RPSDQKLDDVVLPFRPRVHXVHIHLWRVQDV
'HPRQVWUDo}HV)LQDQFHLUDVHVWmRFRQGLFLRQDGRVjUHIHULGDKRPRORJDomR
±$35(6(17$d2'$6'(021675$d®(6),1$1&(,5$6
3.1. Declaração de conformidade
$V'HPRQVWUDo}HV)LQDQFHLUDV,QGLYLGXDLVH&RQVROLGDGDVHVWmRDSUHVHQWDGDVGHDFRUGRFRPDVSUiWLFDVFRQWiEHLVDGRWDGDVQR
%UDVLOHFRPRVSURQXQFLDPHQWRVDVRULHQWDo}HVHDVLQWHUSUHWDo}HVHPLWLGDVSHOR&RPLWrGH3URQXQFLDPHQWRV&RQWiEHLV&3&H
DVQRUPDVHPLWLGDVSHOD&RPLVVmRGH9DORUHV0RELOLiULRV&90HOHJLVODomRHVSHFt¿FDGD$QHHOTXDQGRHVWDQmRHVWLYHUFRQÀLWDQWH
FRP DV SUiWLFDV FRQWiEHLV DGRWDGDV QR %UDVLO YLJHQWHV HP EHP FRPR FRP DV 1RUPDV ,QWHUQDFLRQDLV GH 5HODWyULR
)LQDQFHLUR International Financial Reporting Standards – IFRS HPLWLGDVSHORInternational Accounting Standards Board – IASB
$V SUiWLFDV FRQWiEHLV DGRWDGDV QR %UDVLO DSOLFDGDV QDV GHPRQVWUDo}HV ¿QDQFHLUDV LQGLYLGXDLV D SDUWLU GH QmR GLIHUHP GDV
1RUPDV,QWHUQDFLRQDLVGH&RQWDELOLGDGH International Financial Reporting Standards – IFRS HPLWLGDVSHORInternational Accounting
Standards Board – IASB, XPDYH]TXHHVWDVQRUPDVSDVVDUDPDSHUPLWLUDDSOLFDomRGRPpWRGRGHHTXLYDOrQFLDSDWULPRQLDOHP
FRQWURODGDVQDVGHPRQVWUDo}HVLQGLYLGXDLV(VVDVGHPRQVWUDo}HVLQGLYLGXDLVVmRGLYXOJDGDVHPFRQMXQWRFRPDVGHPRQVWUDo}HV
¿QDQFHLUDVFRQVROLGDGDV
4.6. Tributação
2LPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOGRH[HUFtFLRFRUUHQWHHGLIHULGRVmRFDOFXODGRVFRPEDVHQDVDOtTXRWDVGHDFUHVFLGDV
GRDGLFLRQDOGHVREUHROXFURWULEXWiYHOH[FHGHQWHGH5SDUDLPSRVWRGHUHQGDH VREUHROXFURWULEXWiYHOSDUDFRQWULEXL
omRVRFLDOVREUHROXFUROtTXLGRHFRQVLGHUDPDFRPSHQVDomRGHSUHMXt]RV¿VFDLVHEDVHQHJDWLYDGHFRQWULEXLomRVRFLDOOLPLWDGDD
GROXFURUHDO3DUDRVFRQWUDWRVFRPLQFHQWLYR¿VFDODDOtTXRWDGRLPSRVWRGHUHQGDGHSDVVDDVHUGH
2LPSRVWRGHUHQGDHDFRQWULEXLomRVRFLDOFRUUHQWHVHGLIHULGRVVmRUHFRQKHFLGRVQRUHVXOWDGRGRH[HUFtFLRH[FHWRTXDQGRHVWmRUH
ODFLRQDGRVFRPLWHQVUHJLVWUDGRVHPoutros resultados abrangentesRXGLUHWDPHQWHQRSDWULP{QLROtTXLGRFDVRHPTXHRVLPSRVWRVFRU
UHQWHVHGLIHULGRVWDPEpPVmRUHFRQKHFLGRVHPoutros resultados abrangentesRXGLUHWDPHQWHQRSDWULP{QLROtTXLGRUHVSHFWLYDPHQWH
4.6.1. Tributos correntes
$SURYLVmRSDUDLPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOHVWiEDVHDGDQROXFURWULEXWiYHOGRH[HUFtFLR2OXFURWULEXWiYHOGLIHUHGROXFUR
DSUHVHQWDGRQDGHPRQVWUDomRGRUHVXOWDGRSRUTXHH[FOXLUHFHLWDVRXGHVSHVDVWULEXWiYHLVRXGHGXWtYHLVHPRXWURVH[HUFtFLRVDOpP
GHH[FOXLULWHQVQmRWULEXWiYHLVRXQmRGHGXWtYHLVGHIRUPDSHUPDQHQWH$SURYLVmRSDUDLPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOp
FDOFXODGDLQGLYLGXDOPHQWHSRUFDGDLQYHVWLGDFRPEDVHQDVDOtTXRWDVYLJHQWHVQR¿PGRH[HUFtFLR
4.6.2. Tributos diferidos
2LPSRVWRGHUHQGDHDFRQWULEXLomRVRFLDOGLIHULGRV WULEXWRVGLIHULGRV VmRUHFRQKHFLGRVVREUHDVGLIHUHQoDVWHPSRUiULDVQR¿QDOGH
FDGDH[HUFtFLRHQWUHRVVDOGRVGHDWLYRVHSDVVLYRVUHFRQKHFLGRVQDVGHPRQVWUDo}HV¿QDQFHLUDVHDVEDVHV¿VFDLVFRUUHVSRQGHQWHV
XVDGDVQDDSXUDomRGROXFURWULEXWiYHOLQFOXLQGRVDOGRGHSUHMXt]RV¿VFDLVTXDQGRDSOLFiYHO2VWULEXWRVGLIHULGRVSDVVLYRVVmRJH
UDOPHQWHUHFRQKHFLGRVVREUHWRGDVDVGLIHUHQoDVWHPSRUiULDVWULEXWiYHLVHRVWULEXWRVGLIHULGRVDWLYRVVmRUHFRQKHFLGRVVREUHWRGDV
DVGLIHUHQoDVWHPSRUiULDVGHGXWtYHLVDSHQDVTXDQGRIRUSURYiYHOTXHD&RPSDQKLDDSUHVHQWDUiOXFURWULEXWiYHOIXWXURHPPRQWDQWH
VX¿FLHQWHSDUDTXHWDLVGLIHUHQoDVWHPSRUiULDVGHGXWtYHLVSRVVDPVHUXWLOL]DGDV
$UHFXSHUDomRGRVDOGRGRVWULEXWRVGLIHULGRVDWLYRVpUHYLVDGDQR¿QDOGHFDGDH[HUFtFLRHTXDQGRQmRIRUPDLVSURYiYHOTXHOXFURV
WULEXWiYHLVIXWXURVHVWDUmRGLVSRQtYHLVSDUDSHUPLWLUDUHFXSHUDomRGHWRGRRDWLYRRXSDUWHGHOHRVDOGRGRDWLYRpDMXVWDGRSHOR
PRQWDQWHTXHVHHVSHUDTXHVHMDUHFXSHUDGR
7ULEXWRVGLIHULGRVDWLYRVHSDVVLYRVVmRPHQVXUDGRVSHODVDOtTXRWDVDSOLFiYHLVQRSHUtRGRQRTXDOVHHVSHUDTXHRSDVVLYRVHMDOLTXLGD
GRRXRDWLYRVHMDUHDOL]DGRFRPEDVHQDVDOtTXRWDVSUHYLVWDVQDOHJLVODomRWULEXWiULDYLJHQWHQR¿QDOGHFDGDH[HUFtFLRRXTXDQGRXPD
QRYDOHJLVODomRWLYHUVLGRDSURYDGD$PHQVXUDomRGRVWULEXWRVGLIHULGRVDWLYRVHSDVVLYRVUHÀHWHDVFRQVHTXrQFLDV¿VFDLVTXHUHVXO
WDULDPGDIRUPDQDTXDOD&RPSDQKLDHVSHUDUHFXSHUDURXOLTXLGDURYDORUFRQWiELOGHVVHVDWLYRVHSDVVLYRVQR¿QDOGHFDGDH[HUFtFLR
4.7. Imobilizado
eUHJLVWUDGRDRFXVWRGHDTXLVLomRRXFRQVWUXomRGHGX]LGRGDGHSUHFLDomRDFXPXODGDHTXDLVTXHUSHUGDVDFXPXODGDVSRUUHGXomR
DRYDORUUHFXSHUiYHO impairment ,QFOXLSULQFLSDOPHQWHRVDWLYRVGHJHUDomRTXHQmRIRUDPREMHWRVGHUHQRYDomRGDVFRQFHVV}HV
GLVSRVWRVQD0HGLGD3URYLVyULDQ HDWLYRVDGPLQLVWUDWLYRV
2VJDVWRVGHQDWXUH]DDPELHQWDOFRPDo}HVHSURJUDPDVUHDOL]DGRVDWpDOLEHUDomRGDSULPHLUDOLFHQoDGHRSHUDomRVmRUHJLVWUDGRV
QR,PRELOL]DGRHRVJDVWRVUHDOL]DGRVDSDUWLUGHHQWmRSDVVDPDVHUUHJLVWUDGRVQRUHVXOWDGRGRH[HUFtFLR
2VFXVWRVGH¿QDQFLDPHQWRVHHPSUpVWLPRVWDPEpPVmRDFUHVFHQWDGRVDRFXVWRWRWDOGRVDWLYRVDGTXLULGRVRXFRQVWUXtGRVDWpD
GDWDHPTXHWDLVDWLYRVHVWLYHUHPSURQWRVSDUDRXVR
*DVWRVVXEVHTXHQWHVVmRFDSLWDOL]DGRVDSHQDVTXDQGRHSURYiYHOTXHEHQHItFLRVHFRQ{PLFRVIXWXURVDVVRFLDGRVFRPRVJDVWRV
VHUmRDXIHULGRVSHOD&RPSDQKLD
2 &RQVHOKR GH $GPLQLVWUDomR GD &RPSDQKLD HP UHXQLmR UHDOL]DGD HP GH PDUoR GH DXWRUL]RX D GLYXOJDomR GHVWDV
GHPRQVWUDo}HV¿QDQFHLUDV
$GHSUHFLDomRpFDOFXODGDSDUDDPRUWL]DURFXVWRGHLWHQVGRDWLYRLPRELOL]DGRXWLOL]DQGRRPpWRGROLQHDUEDVHDGRQDVWD[DVDQXDLV
HVWDEHOHFLGDVSHOD$QHHODVTXDLVVmRUHYLVDGDVSHULRGLFDPHQWHHDFHLWDVSHORPHUFDGRFRPRXPDHVWLPDWLYDDGHTXDGDSDUDHIHLWRV
FRQWiEHLVHUHJXODWyULRVHTXHUHSUHVHQWDDPHOKRUHVWLPDWLYDGHYLGD~WLOGRVEHQV$GHSUHFLDomRpJHUDOPHQWHUHFRQKHFLGDQRUHVXOWDGR
$DGPLQLVWUDomRGD&RPSDQKLDGHFODUDTXHWRGDVDVLQIRUPDo}HVUHOHYDQWHVGDVGHPRQVWUDo}HV¿QDQFHLUDVHVRPHQWHHODVHVWmR
VHQGRHYLGHQFLDGDVHTXHFRUUHVSRQGHPjVXWLOL]DGDVSRUHODQDVXDJHVWmR
4.8. Ativos intangíveis
%DVHGHHODERUDomRHPHQVXUDomR
$WLYRVLQWDQJtYHLVFRPYLGDV~WHLVGH¿QLGDVDGTXLULGRVVHSDUDGDPHQWHVmRUHJLVWUDGRVDRFXVWRGHGX]LGRGDDPRUWL]DomRHGDVSHU
GDVSRUUHGXomRDRYDORUUHFXSHUiYHODFXPXODGDV$DPRUWL]DomRpUHFRQKHFLGDOLQHDUPHQWHFRPEDVHQDYLGD~WLOHVWLPDGDGRVDWLYRV
$VGHPRQVWUDo}HV¿QDQFHLUDVIRUDPHODERUDGDVFRPEDVHQRFXVWRKLVWyULFRH[FHWRGHWHUPLQDGRVLQVWUXPHQWRV¿QDQFHLURVPHQVX
UDGRVSHORVVHXVYDORUHVMXVWRVFRQIRUPHGHVFULWRQDVSUiWLFDVFRQWiEHLVDVHJXLU2FXVWRKLVWyULFRJHUDOPHQWHpEDVHDGRQRYDORU
MXVWRGDVFRQWUDSUHVWDo}HVSDJDVHPWURFDGHDWLYRV
3.3. Moeda funcional e moeda de apresentação
$VGHPRQVWUDo}HV¿QDQFHLUDVVmRDSUHVHQWDGDVQDPRHGDFRUUHQWHHOHJDOGR3DtVR5HDOTXHpDPRHGDIXQFLRQDOGD&RPSDQKLD
7RGRVRVVDOGRVIRUDPDUUHGRQGDGRVSDUDRPLOKDUPDLVSUy[LPRH[FHWRTXDQGRLQGLFDGRGHRXWUDIRUPD
Os softwaresFRUSRUDWLYRVVmRFDSLWDOL]DGRVFRPEDVHQRVFXVWRVLQFRUULGRVSDUDDTXLVLomRHSDUDID]HUFRPTXHHOHVHVWHMDPSURQWRV
SDUDVHUXWLOL]DGRVDPRUWL]DGRVGXUDQWHVXDYLGD~WLOHVWLPiYHO
2VJDVWRVDVVRFLDGRVjPDQXWHQomRGHsoftwaresVmRUHFRQKHFLGRVFRPRGHVSHVDFRQIRUPHLQFRUULGRV
2VFXVWRVGHGHVHQYROYLPHQWRTXHVmRGLUHWDPHQWHDWULEXtYHLVDRSURMHWRHVmRLGHQWL¿FiYHLVHH[FOXVLYRVFRQWURODGRVSHOD&RPSD
QKLDVmRUHFRQKHFLGRVFRPRDWLYRVLQWDQJtYHLVTXDQGRRVVHJXLQWHVFULWpULRVVmRDWHQGLGRV
eWHFQLFDPHQWHYLiYHOFRQFOXLURSURMHWRSDUDTXHHOHHVWHMDGLVSRQtYHOSDUDXVR
$DGPLQLVWUDomRSUHWHQGHFRQFOXLURSURMHWRHXViORRXYHQGrOR
2SURMHWRSRGHVHUYHQGLGRRXXVDGR
35,1&,3$,635È7,&$6&217È%(,6
$&RPSDQKLDVXDVFRQWURODGDVFRQWURODGDVHPFRQMXQWRHFROLJDGDDSOLFDUDPDVSROtWLFDVFRQWiEHLVGHVFULWDVDEDL[RGHPDQHLUD
FRQVLVWHQWHDWRGRVRVH[HUFtFLRVDSUHVHQWDGRVQHVWDVGHPRQVWUDo}HV¿QDQFHLUDVLQGLYLGXDLVHFRQVROLGDGDV
3RGHVHGHPRQVWUDUTXHpSURYiYHOTXHRSURMHWRJHUDUiEHQHItFLRVHFRQ{PLFRV
(VWmR GLVSRQtYHLV DGHTXDGRV UHFXUVRV WpFQLFRV ¿QDQFHLURV H RXWURV UHFXUVRV SDUD FRQFOXLU R GHVHQYROYLPHQWR H SDUD XVDU RX
YHQGHURSURMHWR
2JDVWRDWULEXtYHODRSURMHWRGXUDQWHVHXGHVHQYROYLPHQWRSRGHVHUPHQVXUDGRFRPVHJXUDQoD
4.1. Investimentos em controladas em conjunto
2XWURVJDVWRVGHGHVHQYROYLPHQWRTXHQmRDWHQGDPDHVVHVFULWpULRVVmRUHFRQKHFLGRVFRPRGHVSHVDFRQIRUPHLQFRUULGRV
1DV GHPRQVWUDo}HV ¿QDQFHLUDV LQGLYLGXDLV H FRQVROLGDGDV GD &RPSDQKLD DV LQIRUPDo}HV ¿QDQFHLUDV UHIHUHQWHV jV HPSUHVDV
FRQWURODGDVHPFRQMXQWRVmRUHFRQKHFLGDVSRUPHLRGRPpWRGRGHHTXLYDOrQFLDSDWULPRQLDO
5HGXomRDRYDORUUHFXSHUiYHOGHDWLYRVQmR¿QDQFHLURV
$&RPSDQKLDGHDFRUGRFRPR3URQXQFLDPHQWR7pFQLFR&3& 5 IAS 28)HPVHXVLWHQVHXWLOL]DSDUDDGHWHUPLQDomR
GRYDORUGDHTXLYDOrQFLDSDWULPRQLDOGHVHXVLQYHVWLPHQWRVHPFRQWURODGDVHPFRQMXQWRRYDORUGRSDWULP{QLROtTXLGRGDVLQYHVWLGDV
FRP EDVH QDV GHPRQVWUDo}HV ¿QDQFHLUDV OHYDQWDGDV QD PHVPD GDWD GDV GHPRQVWUDo}HV ¿QDQFHLUDV GD LQYHVWLGRUD 2FRUUHQGR
D LQGLVSRQLELOLGDGH GH GHPRQVWUDo}HV ¿QDQFHLUDV SRU SDUWH GD LQYHVWLGD HP GDWD FRLQFLGHQWH j GD ,QYHVWLGRUD Ki D XWLOL]DomR GH
GHPRQVWUDo}HVFRPGHIDVDJHPGHGLDVDFRPSDQKDGDVGHDMXVWHVSHUWLQHQWHVTXDQGRGDRFRUUrQFLDGHHIHLWRVGHHYHQWRVH
WUDQVDo}HVUHOHYDQWHVHQWUHDVGDWDVGDVGHPRQVWUDo}HVQmRFRLQFLGHQWHV
$WLYRV¿QDQFHLURVQmRGHULYDWLYRV
$WLYRV¿QDQFHLURVQmRFODVVL¿FDGRVFRPRDWLYRV¿QDQFHLURVDRYDORUMXVWRSRUPHLRGRUHVXOWDGRLQFOXLQGRLQYHVWLPHQWRVFRQWDELOL
]DGRVSHORPpWRGRGDHTXLYDOrQFLDSDWULPRQLDOVmRDYDOLDGRVHPFDGDGDWDGHEDODQoRSDUDGHWHUPLQDUVHKiHYLGrQFLDREMHWLYDGH
SHUGDSRUUHGXomRDRYDORUUHFXSHUiYHO
(YLGrQFLDREMHWLYDGHTXHDWLYRV¿QDQFHLURVWLYHUDPSHUGDGHYDORULQFOXL
4XDQGRQHFHVViULRDVGHPRQVWUDo}HV¿QDQFHLUDVGDVFRQWURODGDVHPFRQMXQWRVmRDMXVWDGDVSDUDDGHTXDUVXDVSROtWLFDVFRQWiEHLV
jVHVWDEHOHFLGDVSHOD&RPSDQKLD
LQDGLPSOrQFLDRXDWUDVRVGRGHYHGRU
4.2. Investimentos em coligadas
LQGLFDWLYRVGHTXHRGHYHGRURXHPLVVRULUiHQWUDUHPIDOrQFLD
8PDFROLJDGDpXPDHQWLGDGHVREUHDTXDOD&RPSDQKLDSRVVXLLQÀXrQFLDVLJQL¿FDWLYDPDVTXHQmRVHFRQ¿JXUDFRPRXPDFRQWURODGD
QHPFRPRXPDSDUWLFLSDomRHPXPHPSUHHQGLPHQWRVREFRQWUROHFRPXP joint venture ,QÀXrQFLDVLJQL¿FDWLYDpRSRGHUGHSDUWLFLSDU
GDVGHFLV}HVVREUHDVSROtWLFDV¿QDQFHLUDVHRSHUDFLRQDLVGDLQYHVWLGDVHPH[HUFHUFRQWUROHLQGLYLGXDORXFRQMXQWRVREUHHVVDVSROtWLFDV
UHHVWUXWXUDomRGHXPYDORUGHYLGRD&RPSDQKLDHPFRQGLo}HVQmRFRQVLGHUDGDVHPFRQGLo}HVQRUPDLV
PXGDQoDVQHJDWLYDVQDVLWXDomRGHSDJDPHQWRVGRVGHYHGRUHVRXHPLVVRUHV
RGHVDSDUHFLPHQWRGHXPPHUFDGRDWLYRSDUDRLQVWUXPHQWR RX
GDGRVREVHUYiYHLVLQGLFDQGRTXHKRXYHXPGHFOtQLRQDPHQVXUDomRGRVÀX[RVGHFDL[DHVSHUDGRVGHXPJUXSRGHDWLYRV¿QDQFHLURV