DOEPE 30/09/2017 - Pág. 44 - Poder Executivo - Diário Oficial do Estado de Pernambuco
44 - Ano XCIV• NÀ 185
Diário Oficial do Estado de Pernambuco - Poder Executivo
AGROVIA DO NORDESTE S.A.
Recife, 30 de setembro de 2017
CNPJ nº 18.510.603/0001-07
RELATÓRIO DOS ADMINISTRADORES - 2016
6HQKRUHV$FLRQLVWDV 6XEPHWHPRVjDSUHFLDomRGH96DVDVGHPRQVWUDo}HV¿QDQFHLUDVUHODWLYDVDRH[HUFtFLRVRFLDO¿QGRGHGH]HPEURGHDFRPSDQKDGDVGDVUHVSHFWLYDVQRWDVH[SOLFDWLYDV5HFLIHGHMXQKRGH$$GPLQLVWUDomR
Balanço patrimonial em 31 de dezembro (PPLOKDUHVGHUHDLV Passivo
31 de dezembro 31 de dezembro
Ativo
31 de dezembro 31 de dezembro
2016
2015
2016
2015 &LUFXODQWH
&LUFXODQWH
)RUQHFHGRUHVHFRQWDVDSDJDU 1RWD
&DL[DHHTXLYDOHQWHVGHFDL[D 1RWD 'HErQWXUHV 1RWD
&RQWDVDUHFHEHU 1RWD 2EULJDo}HVVRFLDLVHWUDEDOKLVWDV
7ULEXWRVDUHFXSHUDU 1RWD ,PSRVWRVWD[DVHFRQWULEXLo}HVVRFLDLV
Despesas antecipadas
673
- 2XWURVSDVVLYRV
177
2XWURVDWLYRV
56
38.361
5.330
1mRFLUFXODQWH
1mRFLUFXODQWH
,PSRVWRVWD[DVHFRQWULEXLo}HVVRFLDLV
5HDOL]iYHODORQJRSUD]R
3DWULP{QLROtTXLGR
7ULEXWRVDUHFXSHUDU 1RWD &DSLWDOVRFLDO 1RWD
,PRELOL]DGR 1RWD
3UHMXt]RVDFXPXODGRV
Total do ativo Total do passivo e patrimônio líquido
$VQRWDVH[SOLFDWLYDVGD$GPLQLVWUDomRVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HVFRQWiEHLV
Demonstração das mutações do patrimônio líquido ((PPLOKDUHVGHUHDLV
Capital social Reserva de
Prejuízos
Subscrito
A integralizar
lucros acumulados
Total
Em 1º de janeiro de 2015
$XPHQWRGHFDSLWDO
,QWHJUDOL]DomRGHFDSLWDO
&RPSHQVDomRGHSUHMXt]R
3UHMXt]RGRH[HUFtFLR
-
Em 31 de dezembro de 2015
$XPHQWRGHFDSLWDO 1RWD
3UHMXt]RGRH[HUFtFLR
-
Em 31 de dezembro de 2016
$VQRWDVH[SOLFDWLYDVGD$GPLQLVWUDomRVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HVFRQWiEHLV
Notas explicativas da administração às demonstrações contábeis em 31 de dezembro de 2016
(PPLOKDUHVGHUHDLVH[FHWRTXDQGRLQGLFDGRGHRXWUDIRUPD
1 Informações gerais -$$JURYLDGR1RUGHVWH6$ ³$JURYLD1(
´RX³&RPSDQKLD´ FRPVHGHQDFLGDGHGH,SRMXFD3HUQDPEXFR
IRL FRQVWLWXtGD HP GH MXOKR GH WHQGR FRPR REMHWLYR D
H[HFXomR GR FRQWUDWR GH DUUHQGDPHQWR GH iUHD ORFDOL]DGR QD
=RQD,QGXVWULDO3RUWXiULD±=,3GH6XDSHQRPXQLFtSLRGH,SRMXFD
HVWDGR GH 3HUQDPEXFR GHVWLQDGR j LPSODQWDomR GR 7HUPLQDO
$oXFDUHLUR SDUD PRYLPHQWDomR H DUPD]HQDJHP GH Do~FDU
j JUDQHO H HP VDFRV QDV DWLYLGDGHV GH H[SRUWDomR LPSRUWDomR
H FDERWDJHP $ &RPSDQKLD SRVVXL &RQWUDWR GH $UUHQGDPHQWR
Q WUDQVIHULQGR D WLWXODULGDGH GH WRGRV RV GLUHLWRV H
REULJDo}HV GD FRQVWUXomR H H[SORUDomR GR WHUPLQDO DoXFDUHLUR
QR =,3 GH 6XDSH SDUD D &RPSDQKLD 2 FRQWUDWR WHP R SUD]R GH
DQRV SRGHQGR VHU SURUURJDGR SRU PDLV DQRV (P GH
PDLR GH D 2GHEUHFKW 7UDQVSRUW 6$ ³273´ DGTXLULX
GDV Do}HV GD &RPSDQKLD UHSUHVHQWDGDV SRU Do}HV
GHWLGRV DQWHULRUPHQWH SHOD DFLRQLVWD $JURYLD (P GH RXWXEUR
GH IRL DSURYDGD D LQFRUSRUDomR WRWDO GD 0XOEHUU\
3DUWLFLSDo}HV 6$ ³0XOEHUU\´ VHQGR R DFHUYR OtTXLGR GR
SDWULP{QLR QR PRQWDQWH GH 5 UHIHUHQWH DR LPRELOL]DGR
(P GH RXWXEUR GH D &RPSDQKLD FRQFOXLX SDUFLDOPHQWH
VXD HVWUXWXUD SRUWXiULD H GHX LQtFLR DV VXDV RSHUDo}HV GH
DUPD]HQDJHP GH HQVDFDGRV GH Do~FDU QR JDOSmR GR WHUPLQDO
DoXFDUHLUR$ &RPSDQKLD p SDUWH LQWHJUDQWH GD *UXSR 2GHEUHFKW
³*UXSR´ VHQGRFRQWURODGDGLUHWDPHQWHSHOD273HLQGLUHWDPHQWH
SHOD 2GHEUHFKW 6$ ³2'%´ &RPR p GH FRQKHFLPHQWR S~EOLFR
GHVGH HQFRQWUDPVH HP DQGDPHQWR LQYHVWLJDo}HV H RXWURV
SURFHGLPHQWRV OHJDLV FRQGX]LGRV SHOR 0LQLVWpULR 3~EOLFR )HGHUDO
HRXWUDVDXWRULGDGHVS~EOLFDVQRFRQWH[WRGDFKDPDGD2SHUDomR
/DYD -DWR TXH LQYHVWLJD SULQFLSDOPHQWH SUiWLFDV UHODFLRQDGDV
D FRUUXSomR H ODYDJHP GH GLQKHLUR H TXH HQYROYHP HPSUHVDV
H[H[HFXWLYRV H H[HFXWLYRV GR *UXSR 2GHEUHFKW GR TXDO D
&RPSDQKLD ID] SDUWH 1R FRQWH[WR GHVVDV LQYHVWLJDo}HV IRUDP
H[HFXWDGRV PDQGDGRV GH EXVFD H DSUHHQVmR QDV GHSHQGrQFLDV
GHVVDV HPSUHVDV GR *UXSR 2GHEUHFKW LQFOXLQGR D FRQWURODGRUD
indireta Odebrecht S.A. Embora a Companhia não tenha sido
REMHWR GH EXVFD H DSUHHQVmR H QmR KDMD FRPR GHWHUPLQDU
VH D &RPSDQKLD VHUi DIHWDGD SHORV UHVXOWDGRV GDV UHIHULGDV
LQYHVWLJDo}HV H SRU TXDLVTXHU GH VHXV GHVGREUDPHQWRV H
VXDV FRQVHTXrQFLDV IXWXUDV D DGPLQLVWUDomR QHVWH PRPHQWR
HQWHQGH TXH WDLV HIHLWRV VH H[LVWHQWHV QmR GHYHUmR DIHWDU
VLJQL¿FDWLYDPHQWH D &RPSDQKLD a) Capital circulante líquido
negativo (“CCL negativo”) - (P GH GH]HPEUR GH D
&RPSDQKLD DSUHVHQWDYD H[FHVVR GH SDVVLYRV FLUFXODQWHV
VREUH DWLYRV FLUFXODQWHV QR PRQWDQWH GH 5 HP
R&&/HVWDYDSRVLWLYRHP5 GHFRUUHQWHVSULQFLSDOPHQWH
GRV VDOGRV GH GHErQWXUHV $ OLTXLGDomR GRV VDOGRV VHUi
UHDOL]DGD DWUDYpV GD JHUDomR RSHUDFLRQDO GH FDL[D H GH DSRUWHV
GRV DFLRQLVWDV 1R VHJXQGR VHPHVWUH GH FRP D FRQFOXVmR
GRV LQYHVWLPHQWRV HP LQIUDHVWUXWXUD H HTXLSDPHQWRV D
FRPSDQKLD HVWDUi DSWD D UHDOL]DU RSHUDo}HV SRUWXiULDV H DVVLP
DODYDQFDU ILQDQFHLUDPHQWH VXDV DWLYLGDGHV b) Continuidade
operacional - &RQIRUPH PHQFLRQDGR QD QRWD H[SOLFDWLYD
Q FRQWH[WRRSHUDFLRQDO D&RPSDQKLD LQLFLRXVXDVRSHUDo}HV
HP GH RXWXEUR GH H HVWi HP IDVH GH FRQFOXVmR GD
LQIUDHVWUXWXUD TXH SHUPLWLUi D DPSOLDomR GDV VXDV DWLYLGDGHV
RSHUDFLRQDLV (P GH GH]HPEUR GH D &RPSDQKLD
DSUHVHQWRX &&/ QHJDWLYR H RV SODQRV GD DGPLQLVWUDomR SDUD
HTXDOL]DomR HVWi PHQFLRQDQGR QD 1RWD GH PRGR TXH DV
GHPRQVWUDo}HV ¿QDQFHLUDV IRUDP SUHSDUDGDV QR SUHVVXSRVWR
GD FRQWLQXLGDGH QRUPDO GH VXDV DWLYLGDGHV $V SUHVHQWHV
GHPRQVWUDo}HV ILQDQFHLUDV IRUDP DXWRUL]DGDV SHOD 'LUHWRULD
GD&RPSDQKLDGHMXQKRGH
2 Descrição das principais práticas contábeis adotadas $V SULQFLSDLV SROtWLFDV FRQWiEHLV DSOLFDGDV QD SUHSDUDomR
GHVWDV GHPRQVWUDo}HV FRQWiEHLV HVWmR GHILQLGDV DEDL[R
(VVDV SROtWLFDV IRUDP DSOLFDGDV GH PRGR FRQVLVWHQWH HP
WRGRV RV H[HUFtFLRV DSUHVHQWDGRV 2.1 Base de preparação $V GHPRQVWUDo}HV FRQWiEHLV IRUDP SUHSDUDGDV FRQIRUPH
DV SUiWLFDV FRQWiEHLV DGRWDGDV QR %UDVLO LQFOXLQGR RV
SURQXQFLDPHQWRV HPLWLGRV SHOR &RPLWr GH 3URQXQFLDPHQWRV
&RQWiEHLV ³&3&´ H HYLGHQFLDP WRGDV DV LQIRUPDo}HV
UHOHYDQWHV SUySULDV GDV GHPRQVWUDo}HV FRQWiEHLV H VRPHQWH
HODV DV TXDLV HVWmR FRQVLVWHQWHV FRP DV XWLOL]DGDV SHOD
DGPLQLVWUDomR QD VXD JHVWmR $V GHPRQVWUDo}HV FRQWiEHLV
IRUDP SUHSDUDGDV FRQVLGHUDQGR R FXVWR KLVWyULFR FRPR
EDVH GH YDORU 2.2 Caixa e equivalentes de caixa - &DL[D
H HTXLYDOHQWHV GH FDL[D LQFOXHP R FDL[D RV GHSyVLWRV EDQFiULRV
H RXWURV LQYHVWLPHQWRV GH FXUWR SUD]R GH DOWD OLTXLGH] FRP
YHQFLPHQWRV RULJLQDLV GH WUrV PHVHV H FRP ULVFR LQVLJQL¿FDQWH
GHPXGDQoDGHYDORU$WLYRV¿QDQFHLURV &ODVVL¿FDomR
e mensuração - $ &RPSDQKLD FODVVL¿FD VHXV DWLYRV ¿QDQFHLURV
QR UHFRQKHFLPHQWR LQLFLDO VRE DV VHJXLQWHV FDWHJRULDV GH
HPSUpVWLPRV H UHFHEtYHLV $ FODVVLILFDomR GHSHQGH GD
¿QDOLGDGH SDUD D TXDO RV DWLYRV ¿QDQFHLURV IRUDP DGTXLULGRV
(a) Empréstimos e recebíveis - 2VHPSUpVWLPRVHUHFHEtYHLVVmR
FRQWDELOL]DGRV SHOR FXVWR DPRUWL]DGR XVDQGR R PpWRGR GD WD[D
HIHWLYD GH MXURV 6mR FODVVL¿FDGRV RV DWLYRV ¿QDQFHLURV QmR
GHULYDWLYRV FRP UHFHELPHQWRV ¿[RV RX GHWHUPLQiYHLV TXH QmR
VmR FRWDGRV HP XP PHUFDGR DWLYR 6mR LQFOXtGRV FRPR DWLYR
FLUFXODQWH H[FHWR DTXHOHV FRP SUD]R GH YHQFLPHQWR VXSHULRU
D PHVHV DSyV D GDWD GH HPLVVmR GR EDODQoR HVWHV VmR
FODVVL¿FDGRVQRDWLYRQmRFLUFXODQWH (PGHGH]HPEURGH
FRPSUHHQGHDUXEULFD³&DL[DHHTXLYDOHQWHVGHFDL[D´H³&RQWDVD
UHFHEHU´ 1RWD 2.4 Contas a receber -$VFRQWDVDUHFHEHUVmR
LQLFLDOPHQWHUHFRQKHFLGDVSHORYDORUMXVWRHVXEVHTXHQWHPHQWH
PHQVXUDGDV SHOR FXVWR DPRUWL]DGR FRP R XVR GR PpWRGR GD
WD[D HIHWLYD GH MXURV PHQRV D SHUGD HVWLPDGD SDUD FUpGLWRV GH
OLTXLGDomR GXYLGRVD ³3(&/'´ RX LPSDLUPHQW 1D SUiWLFD VmR
QRUPDOPHQWH UHFRQKHFLGDV DR YDORU IDWXUDGR DMXVWDGR SHOD
3(&/'VHQHFHVViULD2.5 Imobilizado -2LPRELOL]DGRpPHQVXUDGR
SHORVHXFXVWRKLVWyULFRPHQRVGHSUHFLDomRDFXPXODGD2FXVWR
KLVWyULFRLQFOXLRVJDVWRVGLUHWDPHQWHDWULEXtYHLVjFRQVWUXomRGD
LQIUDHVWUXWXUD LQFOXLQGR RV FXVWRV GH ¿QDQFLDPHQWR UHODFLRQDGRV
FRPDDTXLVLomRGHDWLYRVTXDOL¿FiYHLV2VFXVWRVVXEVHTXHQWHV
VmR LQFOXtGRV QR YDORU FRQWiELO GR DWLYR RX UHFRQKHFLGRV FRPR
XP DWLYR VHSDUDGR FRQIRUPH DSURSULDGR VRPHQWH TXDQGR IRU
SURYiYHO TXH ÀXDP EHQHItFLRV HFRQ{PLFRV IXWXURV DVVRFLDGRV
D HVVHV FXVWRV H TXH SRVVDP VHU PHQVXUDGRV FRP VHJXUDQoD
2YDORUFRQWiELOGHLWHQVRXSHoDVVXEVWLWXtGRVpEDL[DGR7RGRV
RVRXWURVUHSDURVHPDQXWHQo}HVVmRODQoDGRVHPFRQWUDSDUWLGD
DR UHVXOWDGR GR H[HUFtFLR TXDQGR LQFRUULGRV $ GHSUHFLDomR p
FDOFXODGD XVDQGR R PpWRGR OLQHDU FRQVLGHUDQGR RV VHXV FXVWRV
H VHXV YDORUHV UHVLGXDLV GXUDQWH D YLGD ~WLO HVWLPDGD 1RWD
2V YDORUHV UHVLGXDLV H D YLGD ~WLO GRV DWLYRV VmR UHYLVDGRV H
DMXVWDGRV VH DSURSULDGR DR ¿QDO GH FDGD H[HUFtFLR 2 YDORU
FRQWiELO GH XP DWLYR p LPHGLDWDPHQWH EDL[DGR DR VHX YDORU
UHFXSHUiYHOTXDQGRRYDORUFRQWiELOGRDWLYRpPDLRUGRTXHVHX
YDORU UHFXSHUiYHO HVWLPDGR 2.6 Fornecedores - Fornecedores
VmR REULJDo}HV UHIHUHQWHV D EHQV RX VHUYLoRV TXH IRUDP
DGTXLULGRV QR FXUVR QRUPDO GRV QHJyFLRV VHQGR FODVVL¿FDGDV
FRPR SDVVLYRV FLUFXODQWHV VH R SDJDPHQWR IRU GHYLGR QR
SHUtRGR GH DWp PHVHV &DVR FRQWUiULR RV IRUQHFHGRUHV VmR
DSUHVHQWDGRVFRPRSDVVLYRQmRFLUFXODQWH(ODVVmRLQLFLDOPHQWH
UHFRQKHFLGDVSHORYDORUMXVWRHVXEVHTXHQWHPHQWHPHQVXUDGDV
SHOR FXVWR DPRUWL]DGR FRP R XVR GR PpWRGR GH WD[D HIHWLYD
GH MXURV 2.7 Debêntures - 2V UHFXUVRV ¿QDQFHLURV WRPDGRV
DWUDYpVGHHPLVVmRGHGHErQWXUHVVmRUHFRQKHFLGRVLQLFLDOPHQWH
SHOR YDORU MXVWR OtTXLGRV GR FXVWR GH WUDQVDomR (P VHJXLGD
RV UHFXUVRV ¿QDQFHLURV WRPDGRV VmR DSUHVHQWDGRV SHOR FXVWR
DPRUWL]DGR LVWR p DFUHVFLGR GH HQFDUJRV H MXURV SURSRUFLRQDLV
DRSHUtRGRLQFRUULGR SURUDWDWHPSRULV FRPEDVHQDWD[DHIHWLYD
2V FXVWRV GH GHErQWXUHV JHUDLV H HVSHFtILFRV TXH VmR
GLUHWDPHQWH DWULEXtYHLV j DTXLVLomR FRQVWUXomR RX SURGXomR
GH XP DWLYR TXDOL¿FiYHO TXH p XP DWLYR TXH QHFHVVDULDPHQWH
GHPDQGD XP SHUtRGR GH WHPSR VXEVWDQFLDO SDUD ¿FDU SURQWR
SDUD VHX XVR RX YHQGD SUHWHQGLGRV VmR FDSLWDOL]DGRV FRPR
SDUWHGRFXVWRGRDWLYRTXDQGRIRUSURYiYHOTXHHOHVLUmRUHVXOWDU
HP EHQHItFLRV HFRQ{PLFRV IXWXURV SDUD D HQWLGDGH H TXH WDLV
FXVWRV SRVVDP VHU PHQVXUDGRV FRP FRQ¿DQoD 'HPDLV FXVWRV
GH GHErQWXUHV VmR UHFRQKHFLGRV FRPR GHVSHVD QR SHUtRGR HP
TXH VmR LQFRUULGRV 2.8 Contingências para causas judiciais $VSURYLV}HVSDUDDo}HVMXGLFLDLV WUDEDOKLVWDVFtYHLVHWULEXWiULDV
VmR UHFRQKHFLGDV TXDQGR D &RPSDQKLD WHP XPD REULJDomR
SUHVHQWH RX QmR IRUPDOL]DGD FRQVWUXFWLYH REOLJDWLRQ FRPR
UHVXOWDGR GH HYHQWRV SDVVDGRV p SURYiYHO TXH XPD VDtGD GH
UHFXUVRV VHMD QHFHVViULD SDUD OLTXLGDU D REULJDomR H R
YDORU WLYHU VLGR HVWLPDGR FRP VHJXUDQoD FRP DPSDUR GD
RSLQLmRGHVHXVFRQVXOWRUHVOHJDLVH[WHUQRV(PGHGH]HPEUR
GH D &RPSDQKLD QmR SRVVXL FDXVDV SDVVtYHLV GH UHJLVWUR
1RWD 2.9 Reconhecimento de receita. a) Receita de serviços
$ UHFHLWD FRPSUHHQGH R YDORU MXVWR GD FRQWUDSUHVWDomR UHFHELGD
RX D UHFHEHU SHOD SUHVWDomR GH VHUYLoRV QR FXUVR QRUPDO GDV
DWLYLGDGHV GD &RPSDQKLD $ UHFHLWD p DSUHVHQWDGD OtTXLGD GRV
LPSRVWRV GRV DEDWLPHQWRV H GRV GHVFRQWRV $ &RPSDQKLD
UHFRQKHFHDUHFHLWDTXDQGRRVHXYDORUSRGHVHUPHQVXUDGRFRP
VHJXUDQoD p SURYiYHO TXH EHQHItFLRV HFRQ{PLFRV IXWXURV ÀXLUmR
SDUD D HQWLGDGH H TXDQGR FULWpULRV HVSHFt¿FRV WLYHUHP VLGR
DWHQGLGRV SDUD DV DWLYLGDGHV GD &RPSDQKLD $ &RPSDQKLD WHP
VXD UHFHLWD EDVHDGD QD DUPD]HQDJHP H PRYLPHQWDomR GH
SURGXWRV GH WHUFHLURV HP VHXV WDQTXHV $ UHFHLWD GH VHUYLoRV
FRPSUHHQGH DR YDORU MXVWR SHOD SUHVWDomR GRV VHUYLoRV H p
UHFRQKHFLGD j PHGLGD HP TXH R VHUYLoR p SUHVWDGR b) Receita
¿QDQFHLUD - $ UHFHLWD ¿QDQFHLUD p UHFRQKHFLGD FRQIRUPH R
SUD]R GHFRUULGR XVDQGR R PpWRGR GD WD[D HIHWLYD GH MXURV
*HVWmR GH ULVFR ¿QDQFHLUR (a) Considerações gerais $ &RPSDQKLD SDUWLFLSD GH RSHUDo}HV HQYROYHQGR LQVWUXPHQWRV
'HPRQVWUDomRGRVÀX[RVGHFDL[D
([HUFtFLRV¿QGRVHPGHGH]HPEUR (PPLOKDUHVGHUHDLV
2016
2015
Fluxos de caixa das atividades operacionais
3UHMXt]RGRH[HUFtFLRDQWHVGRLPSRVWRGH
UHQGDHGDFRQWULEXLomRVRFLDO
Depreciação
30
-XURVHYDULDo}HVPRQHWiULDVOtTXLGDV
Variação dos ativos e passivos
&RQWDVDUHFHEHU
7ULEXWRVDUHFXSHUDU
'HVSHVDVDQWHFLSDGDV
2XWURVDWLYRV
)RUQHFHGRUHV
$VQRWDVH[SOLFDWLYDVGD$GPLQLVWUDomRVmR
2EULJDo}HVVRFLDLVHWUDEDOKLVWDV
SDUWHLQWHJUDQWHGDVGHPRQVWUDo}HVFRQWiEHLV
7ULEXWRVDUHFROKHU
¿QDQFHLURV LQFOXLQGR FDL[D H HTXLYDOHQWHV GH FDL[D FRQWDV D 2XWURVSDVVLYRV
UHFHEHU FRQWDV D SDJDU DRV IRUQHFHGRUHV H GHErQWXUHV FRP R Caixa gerado pelas operações
REMHWLYR GH DGPLQLVWUDU D GLVSRQLELOLGDGH ILQDQFHLUD GH VXDV -XURVSDJRVVREUHGHErQWXUHV
operações. (b) Gerenciamentos de riscos - $ &RPSDQKLD HVWi Caixa líquido aplicado nas
H[SRVWD DULVFRV GH OLTXLGH] HPYLUWXGH GD SRVVLELOLGDGH GH QmR atividades operacionais
WHUFDL[DVX¿FLHQWHSDUDDWHQGHUVXDVQHFHVVLGDGHVRSHUDFLRQDLV Fluxo de caixa das atividades de investimentos
DULVFRVGHPHUFDGRGHFRUUHQWHVGHYDULDo}HVGHWD[DVGHMXURV $GLo}HVGHLPRELOL]DGR
$ &RPSDQKLD DGRWD SURFHGLPHQWRV GH JHVWmR GH ULVFRV GH Caixa líquido aplicado nas atividades de
OLTXLGH] GH PHUFDGR H GH FUpGLWR DWUDYpV GH PHFDQLVPRV GR investimentos
PHUFDGR ILQDQFHLUR TXH EXVFDP PLQLPL]DU D H[SRVLomR GRV )OX[RVGHFDL[DGDVDWLYLGDGHVGH¿QDQFLDPHQWRV
DWLYRVHSDVVLYRVGD&RPSDQKLDSURWHJHQGRDUHQWDELOLGDGHGRV $PRUWL]DomRGHGHErQWXUHV
contratos e do patrimônio. (c) Risco de liquidez -$ SUHYLVmR GH $XPHQWRGHFDSLWDO
ÀX[R GH FDL[D p UHDOL]DGD SHOD &RPSDQKLD VHQGR VXD SURMHomR 'HErQWXUHV
PRQLWRUDGD FRQWLQXDPHQWH D ¿P GH JDUDQWLU H DVVHJXUDU DV Custo de captação de debêntures
H[LJrQFLDV GH OLTXLGH] RV OLPLWHV RX FOiXVXODV GRV FRQWUDWRV GH Caixa líquido proveniente das atividades de
HPSUpVWLPR H FDL[D VX¿FLHQWH SDUD DWHQGLPHQWR jV QHFHVVLGDGHV ¿QDQFLDPHQWRV
RSHUDFLRQDLV GR QHJyFLR (d) Risco associado a taxas de juros Aumento (redução) de caixa e equivalentes
HtQGLFHGHLQÀDomR$&RPSDQKLDHVWiH[SRVWDDRULVFRGHTXH de caixa, líquido
XPD YDULDomR GDV WD[DV GH MXURV SRGHQGR FDXVDU XP DXPHQWR &DL[DHHTXLYDOHQWHVGHFDL[DQRLQtFLRGRH[HUFtFLR
QD VXD GHVSHVD ¿QDQFHLUD FRP SDJDPHQWRV GH MXURV IXWXURV &DL[DHHTXLYDOHQWHVGHFDL[DQR¿QDOGRH[HUFtFLR
2 ULVFR GH WD[D GH MXURV GD &RPSDQKLD GHFRUUH GH GHErQWXUHV $V SULQFLSDLV WUDQVDo}HV QmR FDL[D HVWmR GLYXOJDGDV QD 1RWD
GH FXUWR SUD]R $V GHErQWXUHV H[S}HP D &RPSDQKLD DR ULVFR
$VQRWDVH[SOLFDWLYDVGD$GPLQLVWUDomRVmR
GH WD[D GH MXURV GH ÀX[R GH FDL[D H D ÀXWXDomR GR &HUWL¿FDGR
SDUWHLQWHJUDQWHGDVGHPRQVWUDo}HVFRQWiEHLV
GHGHSyVLWREDQFiULR ³&',´ (e) Risco de crédito - As operações (i) 2 PRQWDQWH GH 5 UHIHUHVH D VHUYLoRV GH HQJHQKDULD
TXH VXMHLWDP D &RPSDQKLD j FRQFHQWUDomR GH ULVFR GH FUpGLWR DUUHQGDPHQWR PHUFDQWLO H PDWHULDLV DSOLFDGRV QD FRQVWUXomR GR
UHVLGHP SULQFLSDOPHQWH QDV FRQWDV FRUUHQWHV EDQFiULDV H WHUPLQDODoXFDUHLUR
DSOLFDo}HV ¿QDQFHLUDV RQGH D &RPSDQKLD ¿FD H[SRVWD DR ULVFR 9 Fornecedores e contas a pagar
GD LQVWLWXLomR ¿QDQFHLUD HQYROYLGD 9LVDQGR JHUHQFLDU HVWH ULVFR (P GH GH]HPEUR GH D &RPSDQKLD SRVVXL XP VDOGR GH
D &RPSDQKLD PDQWpP FRQWDV FRUUHQWHV EDQFiULDV H DSOLFDo}HV 5 HP GH GH]HPEUR GH 5 UHSUHVHQWDGR
¿QDQFHLUDV FRP LQVWLWXLo}HV FRQVLGHUDGDV SHOD $GPLQLVWUDomR SRU GHVSHVDV DGPLQLVWUDWLYDV GHVSHVDV FRP D HTXLSH GH
FRPR GH SULPHLUD OLQKD 3.1 Gestão de capital - A Companhia GHVHQYROYLPHQWR GR DWLYR H FRP PDWHULDLV SDUD D FRQVWUXomR
PRQLWRUD R FDSLWDO FRP EDVH QR tQGLFH GH DODYDQFDJHP GDLQIUDHVWUXWXUDGRWHUPLQDODoXFDUHLUR
¿QDQFHLUD (VVH tQGLFH FRUUHVSRQGH j GtYLGD OtTXLGD GLYLGLGD 10 Debêntures
SHOR FDSLWDO WRWDO $ GtYLGD OtTXLGD SRU VXD YH] FRUUHVSRQGH DR
Valor
Valor
WRWDO GH GHErQWXUHV FRQIRUPH GHPRQVWUDGR QR EDODQoR Emissão unitário Vencim. Remuneração principal 2016 2015
SDWULPRQLDO VXEWUDtGR GR PRQWDQWH GH FDL[D H HTXLYDOHQWHV GHVHW)DWRU&',MXURV
GHFDL[D2FDSLWDOWRWDOpDSXUDGRDWUDYpVGDVRPDGRSDWULP{QLR 5GHGH DD
OtTXLGR FRQIRUPH GHPRQVWUDGR QR EDODQoR SDWULPRQLDO (P GHRXWXEURGHD&RPSDQKLDHPLWLXGHErQWXUHVDR
FRPDGtYLGDOtTXLGD
YDORUXQLWiULRGH5QmRFRQYHUVtYHLVHPDo}HVRREMHWLYRGHVVD
2VtQGLFHVGHHQGLYLGDPHQWRSRGHPVHUDVVLPVXPDUL]DGRV HPLVVmR IRL REWHU UHFXUVRV GHVWLQDGRV SDUD FXVWHDU D FRQVWUXomR
2016
2015 GR 7HUPLQDO $oXFDUHLUR FRQIRUPH FRQWUDWR GH DUUHQGDPHQWR
7RWDOGHGHErQWXUHV 1RWD (P GH VHWHPEUR GH D &RPSDQKLD DVVLQRX DGLWLYR
0HQRV &DL[DHHTXLYDOHQWHVGHFDL[D 1RWD FRQWUDWXDO SURUURJDQGR R YHQFLPHQWR RULJLQDO GH GH VHWHPEUR
'tYLGDOtTXLGD GH SDUD GH VHWHPEUR GH QHVWD PHVPD GDWD
7RWDOGRSDWULP{QLROtTXLGR KRXYH D OLTXLGDomR GRV MXURV QR PRQWDQWH GH 5
7RWDOGRFDSLWDO
3.515 (a) Movimentação
2016
2015
ËQGLFHGHDODYDQFDJHP¿QDQFHLUD
63
N/A 6DOGRQRLQtFLRGRH[HUFtFLR
,QVWUXPHQWRV¿QDQFHLURV
2016
2015 &DSWDo}HV
$WLYRVFRQIRUPHREDODQoRSDWULPRQLDO
3DJDPHQWRSULQFLSDO
&DL[DHHTXLYDOHQWHVGHFDL[D 1RWD -XURVSURYLVLRQDGRV
&RQWDVDUHFHEHU 1RWD
311
- -XURVSDJRV
&XVWRGHWUDQVDomR
2XWURVSDVVLYRV¿QDQFHLURV
$PRUWL]DomRGRFXVWRGHWUDQVDomR
1.335
3DVVLYRFRQIRUPHREDODQoRSDWULPRQLDO
6DOGRQR¿QDOGRH[HUFtFLR
)RUQHFHGRUHVHFRQWDVDSDJDU 1RWD (b) Principais compromissos assumidos: $V FOiXVXODV UHVWULWLYDV
'HErQWXUHV 1RWD GRV FRQWUDWRV GH ¿QDQFLDPHQWR IRUDP FXPSULGDV SHOD &RPSDQKLD
HPGHGH]HPEURGH
5 Caixa e equivalentes de caixa
2016
2015 11 Patrimônio líquido. Capital social. (PGHGH]HPEURGHR
&DL[DHEDQFRV FDSLWDOVRFLDOLQWHJUDOL]DGRGD&RPSDQKLDHUDGH5UHSUHVHQWDGR
$SOLFDo}HV¿QDQFHLUDV L 3.385 SRU Do}HVRUGLQiULDVQRPLQDWLYDVHVHPYDORUQRPLQDO(P
GHRXWXEURGHIRLDSURYDGRRDXPHQWRGHFDSLWDOGD&RPSDQKLD
(i) $ &RPSDQKLD PDQWpP DSOLFDo}HV GH FXUWR SUD]R GH DOWD QR PRQWDQWH GH 5 FRP HPLVVmR GH QRYDV Do}HV
OLTXLGH] SURQWDPHQWH FRQYHUVtYHLV HP FDL[D UHPXQHUDGDV HQWUH RUGLQiULDV SHOD DFLRQLVWD 273 D$JURYLD UHQXQFLRX DR VHX GLUHLWR GH
DGR&', HPGHGH]HPEURGHUHPXQHUDGDV SUHIHUrQFLDQDVXEVFULomRGDVDo}HVHPLWLGDVWRWDOPHQWHLQWHJUDOL]DGR
HQWUHDGR&',
HPPRHGDFRUUHQWH(PGHRXWXEURGHIRLDSURYDGRRDXPHQWR
6 Contas a receber
GHFDSLWDOGD&RPSDQKLDQRPRQWDQWHGH5FRPHPLVVmRGH
(P GH GH]HPEUR GH D &RPSDQKLD SRVVXL XP VDOGR GH QRYDVDo}HVRUGLQiULDVSHODDFLRQLVWD273D$JURYLDUHQXQ5 UHSUHVHQWDGR SRU UHFHEtYHLV GHFRUUHQWHV GRV VHUYLoRV FLRXDRVHXGLUHLWRGHSUHIHUrQFLDQDVXEVFULomRGDVDo}HVHPLWLGDV
GHDUPD]HQDJHPGHFDUJDVQRWHUPLQDODoXFDUHLUR
WRWDOPHQWHLQWHJUDOL]DGRHPPRHGDFRUUHQWH(PGHQRYHPEURGH
7 Tributos a recuperar
2016 IRLDSURYDGRRDXPHQWRGHFDSLWDOGD&RPSDQKLDQRPRQWDQWHGH
Ativo circulante
5 FRP HPLVVmR GH QRYDV Do}HV RUGLQiULDV SHOD
3,6H&2),16VREUHDWLYRV DFLRQLVWD 273 D$JURYLD UHQXQFLRX DR VHX GLUHLWR GH SUHIHUrQFLD QD
Imposto de renda retido a recuperar
703 VXEVFULomR GDV Do}HV HPLWLGDV WRWDOPHQWH LQWHJUDOL]DGR HP PRHGD
FRUUHQWH(PGHGH]HPEURGHIRLDSURYDGRRDXPHQWRGHFDSLWDO
Ativo não circulante
GD&RPSDQKLDQRPRQWDQWHGH5FRPHPLVVmRGH
3,6H&2),16VREUHDWLYRV QRYDVDo}HVRUGLQiULDVSHODDFLRQLVWD273D$JURYLDUHQXQFLRXDRVHX
GLUHLWR GH SUHIHUrQFLD QD VXEVFULomR GDV Do}HV HPLWLGDV WRWDOPHQWH
8 Imobilizado )HUUDPHQWDV
LQWHJUDOL]DGRHPPRHGDFRUUHQWH$SHVDUGDVGHOLEHUDo}HVDFLPDPHQ(GL¿FDo}HVDSDUHOKRVH&RQVWUXo}HVHP
FLRQDGDVRVUHJLVWURVGHVWDVDWDVQD-XQWD&RPHUFLDOGH3HUQDPEXFR
HLQVWDODo}HV DFHVVyULRV DQGDPHQWR L Outros 7RWDO ±-8&(3(HQFRQWUDPVHHPDQGDPHQWR(PGHGH]HPEURGH
&XVWR RFDSLWDOVRFLDOGD&RPSDQKLDHVWiUHSUHVHQWDGRGDVHJXLQWHIRUPD
Depreciação
Quantidade de
Percentual de
DFXPXODGD
- Acionistas
ações ordinárias Capital Social participação
Saldo em 31 de
$JURYLD6$
dezem. de 2015 Odebrecht Transport S.A.
$TXLVLo}HVGH
LPRELOL]DGR 12 Receita líquida
2016
7UDQVIHUrQFLDV 5HFHLWDGHDUPD]HQDJHP
(QFDUJRV
7ULEXWRVVREUHUHFHLWD
FDSLWDOL]DGRV 5HFHLWDOtTXLGD
Depreciação
- 13 Custos dos serviços prestados e desps. gerais e administ.
6DOGRFRQWiELO 3.103
Custos dos serviços
Despesas
&XVWR
prestados administrativas 2016 2015
Depreciação
3HVVRDO
- 6HUYLoRVGHWHUFHLURV
DFXPXODGD
Saldo em 31 de
*DVWRVJHUDLV
dezem. de 2016 Depreciação
30
7D[DVDQXDLVGH
GHSUHFLDomR
10
10
Continuação
Demonstração do resultado-([HUFtFLRV¿QGRVHPGHGH]HPEUR
(PPLOKDUHVGHUHDLVH[FHWRTXDQGRLQGLFDGRGHRXWUDIRUPD
Operações continuadas
2016
2015
5HFHLWDOtTXLGD 1RWD
&XVWRVGRVVHUYLoRVSUHVWDGRV 1RWD
Lucro bruto
Despesas operacionais
*HUDLVHDGPLQLVWUDWLYDV 1RWD
3UHMXt]RDQWHVGRUHVXOWDGR¿QDQFHLUR
5HVXOWDGR¿QDQFHLUROtTXLGR 1RWD
Prejuízo do exercício
3UHMXt]RGRH[HUFtFLRSRUDomRGDV
RSHUDo}HVFRQWLQXDGDVDWULEXtYHODRVDFLRQLVWDV
H[SUHVVRHP5SRUDomR 1RWD