DOEPE 14/03/2018 - Pág. 21 - Poder Executivo - Diário Oficial do Estado de Pernambuco
Diário Oficial do Estado de Pernambuco - Poder Executivo
Ano XCV • NÀ 47 - 21
NE400 PARTICIPAÇÕES S.A.
RELATÓRIO DA ADMINISTRAÇÃO - Senhores acionistas, em cumprimento às determinações legais e estatutárias,
VXEPHWHPRVjDSUHFLDomRGH96DVDVGHPRQVWUDo}HV¿QDQFHLUDVUHODWLYDVDRVH[HUFtFLRVHQFHUUDGRVHPGH
GH]HPEURGHHGHHUHODWyULRGRDXGLWRULQGHSHQGHQWH
Balanço patrimonial em 31 de dezembro - Em milhares de reais
Ativo
2017
Circulante
&DL[DHHTXLYDOHQWHVGHFDL[D 1RWD
(VWRTXHV 1RWD
7ULEXWRVDUHFXSHUDU
'HVSHVDVDQWHFLSDGDV 1RWD
2XWURVDWLYRV
Não circulante
3URSULHGDGHVSDUDLQYHVWLPHQWR 1RWD
,PRELOL]DGR 1RWD
,QWDQJtYHO
7RWDOGRDWLYR
2016
Passivo e patrimônio líquido
2017 2016
Circulante
)RUQHFHGRUHV
&RQWDVDSDJDUDHPSUHVDOLJDGD 1RWD
6DOiULRVHHQFDUJRV
7ULEXWRVDSDJDU
'LYLGHQGRVSURSRVWRV 1RWD
3DWULP{QLROtTXLGR 1RWD
Capital social
4.000 4.000
5HVHUYDGHOXFURV
7RWDOGRSDVVLYRHGRSDWULP{QLROtTXLGR
Demonstração das mutações do patrimônio líquido - Em milhares de reais
Capital
Reserva de lucros
Lucros
social
Legal
Retenção
acumulados
Em 1º de janeiro de 2016
$XPHQWRGHFDSLWDO 1RWD
/XFUROtTXLGRGRH[HUFtFLR
&RQVWLWXLomRGHUHVHUYD 1RWD
'LYLGHQGRVDQWHFLSDGRV 1RWD
'LYLGHQGRVSURSRVWRV 1RWD
-
Em 31 de dezembro de 2016
/XFUROtTXLGRGRH[HUFtFLR
&RQVWLWXLomRGHUHVHUYDV 1RWD
'LYLGHQGRVDQWHFLSDGRV 1RWD
'LYLGHQGRV3URSRVWRV
-
Em 31 de dezembro de 2017
4.000
Total
1RWDVH[SOLFDWLYDVGDDGPLQLVWUDomRjVGHPRQVWUDo}HV¿QDQFHLUDVHPGHGH]HPEURGH
Em milhares de reais, exceto quando indicado de outra forma
Seção A – Informações gerais
DYDOLDGRVHEDVHLDPVHQDH[SHULrQFLDKLVWyULFDHHPRXWURV
1.1. Contexto operacional $ 1( 3$57,&,3$d®(6 IDWRUHVLQFOXLQGRH[SHFWDWLYDVGHHYHQWRVIXWXURVFRQVLGH6$ ³&RPSDQKLD´ pXPDVRFLHGDGHSRUDo}HVFRQVWLWXt- UDGDVUD]RiYHLVSDUDDVFLUFXQVWkQFLDV
GDHPGHPDUoRGHTXHWHPFRPRREMHWRRLQYHV- A SUHSDUDomR GH GHPRQVWUDo}HV ¿QDQFHLUDV UHTXHU R XVR
WLPHQWRHPEHQVPyYHLVHLPyYHLVORWHDPHQWRGHWHUUHQRV GHFHUWDVHVWLPDWLYDVFRQWiEHLVFUtWLFDVHWDPEpPRH[HULQFRUSRUDomRLPRELOLiULDFRQVWUXomRGHSUpGLRVGHVWLQDGRV FtFLRGHMXOJDPHQWRSRUSDUWHGDDGPLQLVWUDomRGD&RPSDj YHQGD YHQGD GH LPyYHLV DGTXLULGRV SDUD UHYHQGD H QKLDQRSURFHVVRGHDSOLFDomRGDVSROtWLFDVFRQWiEHLV$V
DGPLQLVWUDomRHORFDomRGHEHQVPyYHLVHLPyYHLV
GHPRQVWUDo}HV¿QDQFHLUDVGD&RPSDQKLDLQFOXHPSRUWDQ$HPLVVmRGHVWDVGHPRQVWUDo}HV¿QDQFHLUDVIRLDXWRUL]DGD WR HVWLPDWLYDV UHIHUHQWHV j GLYXOJDomR GH YDORU MXVWR H j
SHODGLUHWRULDGD&RPSDQKLDHPGHPDUoRGH
VHOHomRGDVYLGDV~WHLVGHSURSULHGDGHVSDUDLQYHVWLPHQWR
1.2. Base de preparação $V GHPRQVWUDo}HV ¿QDQFHLUDV GRVEHQVGRDWLYRLPRELOL]DGRGHWHUPLQDomRGHSURYLV}HV
IRUDPSUHSDUDGDVFRQIRUPHDVSUiWLFDVFRQWiEHLVDGRWDGDV para tributos e outras similares. Os resultados reais podem
no Brasil incluindo os pronunciamentos emitidos pelo Comi- DSUHVHQWDUYDULDo}HVHPUHODomRjVHVWLPDWLYDV
WrGH3URQXQFLDPHQWRV&RQWiEHLV &3& HHYLGHQFLDPWR- Seção C – Notas explicativas relevantes selecionadas
GDVDVLQIRUPDo}HVUHOHYDQWHVSUySULDVGDVGHPRQVWUDo}HV 3. Caixa e equivalentes de caixa 2VDOGRHPGHGH¿QDQFHLUDV H VRPHQWH HODV DV TXDLV HVWmR FRQVLVWHQWHV ]HPEURGHpFRPSRVWRSRU5UHODWLYRVDUHFXUVRV
HPFRQWDFRUUHQWH ±5 H5HPDSOLFDo}HV
com as utilizadas pela administração na sua gestão.
$V SULQFLSDLV SROtWLFDV FRQWiEHLV DSOLFDGDV QD SUHSDUDomR ¿QDQFHLUDVHPUHQGD¿[D ±5 $VDSOLFDo}HV
GHVVDVGHPRQVWUDo}HV¿QDQFHLUDVHVWmRDSUHVHQWDGDVQD ¿QDQFHLUDVHPUHQGD¿[DUHIHUHPVHDFHUWL¿FDGRVGHGHSyVLWRVEDQFiULRVHTXRWDVGHIXQGRVGHLQYHVWLPHQWRRVTXDLV
QRWD
(PIXQomRGHQmRKDYHURXWURVUHVXOWDGRVDEUDQJHQWHVQRV SRVVXHP OLTXLGH] LPHGLDWD H WrP UHPXQHUDomR DWUHODGD j
H[HUFtFLRV¿QGRVHPGHGH]HPEURGHHGH YDULDomRGRVFHUWL¿FDGRVGHGHSyVLWRLQWHU¿QDQFHLUR±&',
a Companhia não está apresentando a demonstração do 4. Estoques (VWi GHPRQVWUDGR DR FXVWR GH DTXLVLomR
H VmR UHSUHVHQWDGRV SRU WHUUHQR VLWXDGR QR PXQLFtSLR GH
UHVXOWDGRDEUDQJHQWHQHVWDVGHPRQVWUDo}HV¿QDQFHLUDV.
1.3. Normas, alterações e interpretações (P GH 5HFLIH3(HSRUJDVWRVGHIRUPDomRGHLPyYHLVDFRPHUMDQHLUR GH SDVVDUDP D YLJRUDU DV QRUPDV &3& FLDOL]DU (P GH GH]HPEUR GH R HPSUHHQGLPHQWR
,QVWUXPHQWRV )LQDQFHLURV H &3& ± 5HFHLWDV GH &RQ- FRPVDODVFRPHUFLDLVHQFRQWUDYDVHFRQFOXtGRVDWUDWRVFRP&OLHQWHV$DGPLQLVWUDomRDYDOLRXDVDOWHUDo}HV ODVFRPHUFLDLVMiKDYLDPVLGRYHQGLGDVHVDODVGHVWLQDGDV
WUD]LGDVSRUHVVDVQRUPDVHFRQFOXLXTXHQmRKiLPSDFWRV para locação de longo prazo e mantidas como propriedades
decorrentes de sua aplicação.
SDUDLQYHVWLPHQWR2VDOGRHPGHGH]HPEURGHp
Seção B – Riscos
FRPSRVWRSHORWHUUHQRQRYDORUGH5 ±5 H
2. Estimativas e julgamentos contábeis críticos - As SRULPyYHLVGLVSRQtYHLVSDUDYHQGDQRPRQWDQWHGH5
HVWLPDWLYDVHRVMXOJDPHQWRVFRQWiEHLVVmRFRQWLQXDPHQWH ±5
5. Propriedades para investimento
7HUUHQRV
(GL¿FDo}HV
,QVWDODo}HV
Custo de
aquisição
6DOGRHPGHMDQHLUR
$TXLVLo}HV
7UDQVIHUrQFLDVGHHVWRTXHV
Depreciação
6DOGRHPGHGH]HPEUR
A Companhia optou pela manutenção do salão comercial,
FRP PðGHiUHDSDUDDXIHULUUHQGDGHDOXJXHOHQHVVH
FRQWH[WRWUDQVIHULXRVFXVWRVGHDTXLVLomRGRUHIHULGRLPyYHO
SDUDRJUXSRGHSURSULHGDGHVSDUDLQYHVWLPHQWRDOpPGHWHU
LQYHVWLGRHPLQVWDODo}HVQHFHVViULDVSDUDDDGHTXDomRGR
LPyYHODRVORFDWiULRV
6HHVWLYHVVHDYDOLDGRDRYDORUMXVWRWDOVDOmRFRPHUFLDOWHULD
XPYDORUDSUR[LPDGRGH5 $&RPSDQKLDHVWDEHOHFH
RYDORUMXVWRDWUDYpVGHWpFQLFDVGHDYDOLDomRTXHLQFOXHP
o uso de operações recentes realizadas entre terceiros com
SURSULHGDGHVVLPLODUHVDDQiOLVHGHPRGHORVGHSUHFL¿FDomR
TXH ID]HP R PDLRU XVR SRVVtYHO GH LQIRUPDo}HV JHUDGDV
SHORPHUFDGRHDDQiOLVHGHÀX[RVGHFDL[DGHVFRQWDGRVRV
TXDLV QmR FRQVLGHUDP RV HIHLWRV WULEXWiULRV WHQGR HP YLVWD
DH[SHULrQFLDHRHQWHQGLPHQWRGDDGPLQLVWUDomRGHTXHR
PHUFDGRDVVLPDYDOLDHVVHVWLSRVGHSURSULHGDGHVHPHYHQtuais negociações.
6. Patrimônio líquido2FDSLWDOVRFLDOHPGHGH]HPEUR
GHHHVWiUHSUHVHQWDGRSRUGHDo}HV
RUGLQiULDVQRPLQDWLYDVVHPYDORUQRPLQDO
(P GHDEULOGHDDVVHPEOHLDGHDFLRQLVWDVDSURYRX
DXPHQWRGHFDSLWDOQRPRQWDQWHGH5DWUDYpVGDFDSLWDOL]DomRGHSDUWHGDUHVHUYDGHUHWHQomRGHOXFURVSDUDLQYHVWLPHQWRVWHQGRVLGRHPLWLGDVGHQRYDVDo}HV
$ UHVHUYD OHJDO p FRQVWLWXtGD DQXDOPHQWH FRPR GHVWLQDomR
GHGROXFUROtTXLGRGRH[HUFtFLRHQmRSRGHUiH[FHGHUD
GRFDSLWDOVRFLDO$UHVHUYDOHJDOWHPSRU¿PDVVHJXUDU
a integridade do capital social e somente poderá ser utilizada
SDUDFRPSHQVDUSUHMXt]RHDXPHQWDURFDSLWDO
(PDOpPGRDXPHQWRGHFDSLWDOVXSUDFLWDGRDDGPLQLVWUDomRSURS{VDUHDOL]DomRGDUHVHUYDGHUHWHQomRGHOXFURV
QRYDORUGH5WHQGRGHVWLQDGRWDLVUHFXUVRVQDGLVWULEXLomRGHGLYLGHQGRVDRVDFLRQLVWDV$UHDOL]DomRGDUHVHUYD
HPIRLDSURYDGDHPDVVHPEOHLDGHDFLRQLVWDVUHDOL]DGD
2017
2016
Líquido
Líquido
2017
2016
Depreciação
acumulada
Vida útil
estimada
(em anos)
HPGHDEULOGH
Em 2DDGPLQLVWUDomRSURS{VDGHVWLQDomRGRVDOGRUHPDQHVFHQWH GR OXFUR OtTXLGR GR H[HUFtFLR QR PRQWDQWH GH
5SDUDUHVHUYDGHUHWHQomRGHOXFURVXPDYH]TXHIRUDPXWLOL]DGRVSDUDDWHQGHULQYHVWLPHQWRVGHFDSLWDOSUySULR
A constituição será deliberada oportunamente em assembleia
GH DFLRQLVWDV TXH DSURYDUi DV GHPRQVWUDo}HV ¿QDQFHLUDV
GHVWHH[HUFtFLR
$RVDFLRQLVWDVpDVVHJXUDGRHVWDWXWDULDPHQWHXPGLYLGHQGR
PtQLPRREULJDWyULRGHGROXFUROtTXLGRGRH[HUFtFLRDMXVtado nos termos da Lei das Sociedades por Ações. Durante
RH[HUFtFLRGHDGLUHWRULDSDJRXGLYLGHQGRVDQWHFLSDGRV QR PRQWDQWH GH 5 ± 5 H SURS{V
DGLVWULEXLomRGH5 ±5 2HVWDWXWRGD
&RPSDQKLD DXWRUL]D SUHYLDPHQWH D GLVWULEXLomR GH GLYLGHQGRVFRQIRUPHRSURSRVWRSHODDGPLQLVWUDomR
7. Receitas
2017
2016
5HFHLWDGHYHQGDVGHLPyYHLV
5HFHLWDGHDOXJXHO
'HGXo}HV±&DQFHODPHQWRVSRUGLVWUDWRV
'HGXo}HV±3,6H&2),16
8. Despesas administrativas - gerais
6HUYLoRVSUHVWDGRV
Encargos condominiais de salas não
FRPHUFLDOL]DGDV
Compartilhamento da estrutura do
*UXSR 1RWD
,378H)RUR
/HJDLVHMXGLFLDLV
3HVVRDO
3URSDJDQGD
Outras
2017
2016
Demonstração do resultado
([HUFtFLRV¿QGRVHPGHGH]HPEUR
Em milhares de reais, exceto quando indicado de outra forma
2017
2016
Receitas (Nota 7)
&XVWRGRVLPyYHLVYHQGLGRV 1RWD
Lucro bruto
'HVSHVDVDGPLQLVWUDWLYDV
'HVSHVDVJHUDLV 1RWD
Depreciação e amortização
Lucro operacional
5HFHLWDV¿QDQFHLUDV 1RWD
'HVSHVDV¿QDQFHLUDV
Lucro antes da contribuição social e do imposto de renda
&RQWULEXLomRVRFLDO 1RWD
,PSRVWRGHUHQGD 1RWD
Lucro líquido do exercício
$o}HVHPFLUFXODomRQR¿QDOGRH[HUFtFLR HPPLOKDUHV 4.000
4.000
/XFUROtTXLGRGRH[HUFtFLRSRUDomRGRFDSLWDO
QR¿PGRH[HUFtFLR±5
9. Partes relacionadas - $ &RPSDQKLD p SDUWH LQWHJUDQWH GH XP JUXSR GH
empresas, dHQRPLQDGR*UXSR-&30TXHDWXDGHIRUPDLQWHJUDGDHRVEHQHItFLRVGDVHVWUXWXUDVRSHUDFLRQDOHDGPLQLVWUDWLYDVmRDWULEXtGRVDFDGDHPSUHVDVHJXQGRDUD]RDELOLGDGHGDVVXDVRSHUDo}HV 1RWD
$VFRQWDVDSDJDUDHPSUHVDOLJDGD-&303DUWLFLSDo}HVH(PSUHHQGLPHQWRV
6$QRYDORUGH5 ±5 UHIHUHPVHjSDUFHODHPDEHUWRTXH
cabe à Companhia no compartilhamento das estruturas operacional e admiQLVWUDWLYDGRJUXSRHFRQ{PLFRQRTXDOHVWiLQVHULGD
2SHVVRDOFKDYHGDDGPLQLVWUDomRHVWiUHSUHVHQWDGRSHORVGLUHWRUHVFXMDUHPXQHUDomRDQXDOSDJDRXSURYLVLRQDGDFRUUHVSRQGHDRSUyODERUHHDRVVDOiULRVHHQFDUJRVQRPRQWDQWHGH5 ±5 2VVDOiULRVHHQFDUJRVVmRDWULEXtGRVj&RPSDQKLDSRUPHLRGHFRPSDUWLOKDPHQWRGHGHVSHVDV
Seção D – Políticas contábeis
10. Resumo das principais políticas contábeis
10.1. Caixa e equivalentes de caixa - &DL[DHHTXLYDOHQWHVGHFDL[DLQFOXHPGHSyVLWRVEDQFiULRVHLQYHVWLPHQWRVGHFXUWRSUD]RGHDOWDOLTXLGH]FRPYHQFLPHQWRV
RULJLQDLVGHDWpWUrVPHVHVHFRPULVFRLQVLJQL¿FDQWHGHPXGDQoDGHYDORU
$WLYRV ¿QDQFHLURV $ &RPSDQKLD FODVVL¿FD VHXV DWLYRV ¿QDQFHLURV
FRPR³HPSUpVWLPRVHUHFHEtYHLV´RVTXDLVVmRDWLYRV¿QDQFHLURVQmRGHULYDWLYRVFRPSDJDPHQWRV¿[RVRXGHWHUPLQiYHLVQmRFRWDGRVHPXPPHUFDGR
DWLYRHVmRDSUHVHQWDGRVQRDWLYRFLUFXODQWHH[FHWRDTXHOHVFRPSUD]RGH
YHQFLPHQWRVXSHULRUDPHVHVDSyVDGDWDGHHPLVVmRGREDODQoR HVWHV
VmRFODVVL¿FDGRVQRDWLYRQmRFLUFXODQWH 2VUHFHEtYHLVFRPSUHHQGHPDSOLFDo}HV¿QDQFHLUDVHRXWURVDWLYRV
10.3. Estoques2VHVWRTXHVVmRGHPRQVWUDGRVDRFXVWRRXDRYDORUOtTXLGRGH
UHDOL]DomRGRVGRLVRPHQRU2YDORUOtTXLGRGHUHDOL]DomRpRSUHoRGHYHQGDHVWLPDGRQRFXUVRQRUPDOGRVQHJyFLRVPHQRVRVFXVWRVHVWLPDGRVGHFRQFOXVmR
HRVFXVWRVHVWLPDGRVQHFHVViULRVSDUDHIHWXDUDYHQGD
10.4. Despesas antecipadas - &RUUHVSRQGHPDJDVWRVFRPGLVWUDWRVHIHWXDGRV
DQWHFLSDGDPHQWHRVTXDLVIRUDPDSURSULDGRVDRUHVXOWDGRQRH[HUFtFLRGHj
PHGLGDGRUHFRQKHFLPHQWRGHUHFHLWDVFRPYHQGDVVX¿FLHQWHVSDUDDEVRUYrORV
10.5. Propriedades para investimento$&RPSDQKLDpSURSULHWiULDGHLPyYHO
FRPHUFLDOPDQWLGRSDUD¿QVGHUHQGDGHDOXJXHOGHORQJRSUD]R2LPyYHOQmR
pRFXSDGRSHOD&RPSDQKLDHHVWiGHPRQVWUDGRDRFXVWRGHDTXLVLomRRXFRQVWUXomRGHGX]LGRGDGHSUHFLDomRDFXPXODGDFDOFXODGDSHORPpWRGROLQHDUSHODV
YLGDV~WHLVHVWLPDGDVPHQFLRQDGDVQD1RWD
10.6. Imobilizado5HIHUHPVHDEHQVXWLOL]DGRVSHOD&RPSDQKLDHPVXDVRSHUDo}HV UHSUHVHQWDGRV SRU HTXLSDPHQWRV PyYHLV H XWHQVtOLRV H HTXLSDPHQWRV
GHLQIRUPiWLFDeGHPRQVWUDGRDRFXVWRGHGX]LGRGDGHSUHFLDomRDFXPXODGD
calculada pelo mpWRGROLQHDUjVWD[DVDQXDLVTXHYDULDPGHD
CNPJ n.º 11.779.969/0001-29
'HPRQVWUDomRGRVÀX[RVGHFDL[D
([HUFtFLRV¿QGRVHPGHGH]HPEUR(PPLOKDUHVGHUHDLV
2017
2016
Fluxos de caixa das atividades operacionais
Lucro antes da contribuição social e do imposto de renda
$MXVWHGH
'HSUHFLDomRHDPRUWL]DomR
9DULDo}HVQRVDWLYRVHSDVVLYRV
(VWRTXHV
7ULEXWRVDUHFXSHUDU
'HVSHVDVDQWHFLSDGDV
2XWURVDWLYRV
)RUQHFHGRUHV
&RQWDVDSDJDUDHPSUHVDOLJDGD
6DOiULRVHHQFDUJRV
7ULEXWRVDSDJDU
Caixa gerado pelas operações
,PSRVWRGHUHQGDHFRQWULEXLomRVRFLDOSDJRV
Caixa líquido gerado pelas atividades operacionais
Fluxos de caixa das atividades de investimento
$TXLVLo}HVGHSURSULHGDGHVSDUDLQYHVWLPHQWR
Caixa líquido aplicado nas atividades de investimento
)OX[RVGHFDL[DGDVDWLYLGDGHVGH¿QDQFLDPHQWR
'LYLGHQGRVSDJRV
&DL[DOtTXLGRDSOLFDGRQDVDWLYLGDGHVGH¿QDQFLDPHQWR
Aumento (redução) líquido de caixa e
equivalentes de caixa
Caixa e equivalentes de caixa no início do exercício
&DL[DHHTXLYDOHQWHVGHFDL[DQR¿QDOGRH[HUFtFLR
10.7. Contas a pagar - As contas a pagar são obrigações a pagar por bens ou
VHUYLoRVTXHIRUDPDGTXLULGRVQRFXUVRQRUPDOGRVQHJyFLRV(ODVVmRLQLFLDOPHQWH UHFRQKHFLGDV SHOR YDORU MXVWR H VXEVHTXHQWHPHQWH PHQVXUDGDV SHOR
FXVWRDPRUWL]DGRFRPRXVRGRPpWRGRGHWD[DHIHWLYDGHMXURVTXDQGRDSOLFiYHO
1DSUiWLFDVmRQRUPDOPHQWHUHFRQKHFLGDVDRYDORUGDIDWXUDFRUUHVSRQGHQWH
10.8. Apuração do resultado$VUHFHLWDVGHYHQGDGDVXQLGDGHVLPRELOLiULDV
DGTXLULGDVSDUDUHYHQGDVmRUHJLVWUDGDVTXDQGRHIHWLYDPHQWHUHFHELGDVRTXH
GLYHUJHGDSUiWLFDFRQWiELODGRWDGDQR%UDVLOTXHGHWHUPLQDPTXHDVPHVPDV
VHMDP UHFRQKHFLGDV TXDQGR GD WUDQVIHUrQFLD GRV ULVFRV H EHQHItFLRV SDUD RV
FRPSUDGRUHVHTXDQGR L RYDORUGDUHFHLWDSRGHVHUPHQVXUDGRFRPVHJXUDQoD H LL pSURYiYHOTXHEHQHItFLRVHFRQ{PLFRVIXWXURVÀXDPSDUDD&RPSDQKLD
2V GLVWUDWRV VmR FRQWDELOL]DGRV TXDQGR RV LQVWUXPHQWRV VmR ¿UPDGRV FRP RV
FOLHQWHVHRVYDORUHVVmRHIHWLYDPHQWHSDJRV
$VUHFHLWDVGHDOXJXHOGHVDODVFRPHUFLDLVVmRUHJLVWUDGDVTXDQGRHIHWLYDPHQWH
UHFHELGDVRTXHQmRGLYHUJHVXEVWDQFLDOPHQWHGDSUiWLFDFRQWiELODGRWDGDQR
%UDVLOTXHGHWHUPLQDPTXHGHYHPVHUUHFRQKHFLGDVSHORPpWRGROLQHDUQDGHPRQVWUDomRGRUHVXOWDGRGXUDQWHRSHUtRGRFRQWUDWXDO
2FXVWRGRVLPyYHLVYHQGLGRVpDSURSULDGRDRUHVXOWDGRQRPRPHQWRGDHQWUHJD
GRVLPyYHLVDRVFRPSUDGRUHVTXDQGRRVULVFRVHEHQHItFLRVVmRVXEVWDQFLDOPHQWHWUDQVIHULGRV
$VGHVSHVDVDGPLQLVWUDWLYDVJHUDLVUHIHUHPVHSULQFLSDOPHQWHDJDVWRVFRPSDUWLOKDGRVUHODWLYRVjSDUFHODGRXVRGDLQIUDHVWUXWXUDDGPLQLVWUDWLYDPDQWLGDSHOR
*UXSR-&30 1RWD DJDVWRVFRPSHVVRDOHVHUYLoRVFRQWUDWDGRVDOpPGH
RXWUDVGHVSHVDVQHFHVViULDVSDUDDFRQGXomRGDVDWLYLGDGHVGD&RPSDQKLDH
estão registradas pelo regime de competência.
$V UHFHLWDV ¿QDQFHLUDV UHIHUHPVH VXEVWDQFLDOPHQWH D UHQGLPHQWRV GH DSOLFDo}HV ¿QDQFHLUDV DOpP GH MXURV H DWXDOL]DomR PRQHWiULD GHFRUUHQWHV GRV FRQWUDWRVGHYHQGDGDVXQLGDGHVLPRELOLiULDVHVmRUHFRQKHFLGDVFRQIRUPHRSUD]R
GHFRUULGRSHORUHJLPHGHFRPSHWrQFLDXVDQGRRPpWRGRGDWD[DHIHWLYDGHMXURV
2VHQFDUJRVGRLPSRVWRGHUHQGDHGDFRQWULEXLomRVRFLDOIRUDPGHWHUPLQDGRV
FRPEDVHQROXFURSUHVXPLGRjVDOtTXRWDVDSOLFiYHLV
5HODWyULRGRDXGLWRULQGHSHQGHQWHVREUHDVGHPRQVWUDo}HV¿QDQFHLUDV
Aos Administradores e Acionistas
NE400 Participações S.A.
Opinião com ressalva
([DPLQDPRVDVGHPRQVWUDo}HV¿QDQFHLUDVGD1(3DUWLFLSDo}HV6$ ³&RPSDQKLD´ TXHFRPSUHHQGHPREDODQoRSDWULPRQLDOHPGHGH]HPEURGHH
DVUHVSHFWLYDVGHPRQVWUDo}HVGRUHVXOWDGRGDVPXWDo}HVGRSDWULP{QLROtTXLGR
HGRVÀX[RVGHFDL[DSDUDRH[HUFtFLR¿QGRQHVVDGDWDEHPFRPRDVFRUUHVSRQGHQWHVQRWDVH[SOLFDWLYDVLQFOXLQGRRUHVXPRGDVSULQFLSDLVSROtWLFDVFRQWiEHLV
(PQRVVDRSLQLmRH[FHWRSHORVHIHLWRVGRDVVXQWRGHVFULWRQDVHomRDVHJXLU
LQWLWXODGD³%DVHSDUDRSLQLmRFRPUHVVDOYD´DVGHPRQVWUDo}HV¿QDQFHLUDVDFLPD
UHIHULGDVDSUHVHQWDPDGHTXDGDPHQWHHPWRGRVRVDVSHFWRVUHOHYDQWHVDSRVLomRSDWULPRQLDOH¿QDQFHLUDGD1(3DUWLFLSDo}HV6$HPGHGH]HPEURGH
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(100086)
Recife, 14 de março de 2018