DOEPE 28/03/2018 - Pág. 63 - Poder Executivo - Diário Oficial do Estado de Pernambuco
Recife, 28 de março de 2018
Diário Oficial do Estado de Pernambuco - Poder Executivo
Ano XCV • NÀ 57 - 63
CONTINUAÇÃO - JCPM PARTICIPAÇÕES E EMPREENDIMENTOS S.A.
A Companhia é SDUWH LQWHJUDQWH GH XP JUXSR GH HPSUHVDV GHQRPLQDGR *UXSR -&30
TXHDWXDGHIRUPDLQWHJUDGDHRVEHQHItFLRVGDVHVWUXWXUDVRSHUDFLRQDOHDGPLQLVWUDWLYD
VmRDWULEXtGRVDFDGDHPSUHVDVHJXQGRDUD]RDELOLGDGHGDVVXDVRSHUDo}HV 1RWD
2 VDOGR GH FRQWDV D UHFHEHU GH SDUWHV UHODFLRQDGDV QR YDORU GH 5 ±
5 UHIHUHVH D YDORUHV DGLDQWDGRV SHOD &RPSDQKLD UHODWLYRV jV HVWUXWXUDV RSHUDFLRQDO H DGPLQLVWUDWLYD GR JUXSR HFRQ{PLFR QR TXDO D PHVPD HVWi LQVHULGD TXH VmR
UHHPEROVDGRV PHQVDOPHQWH SHODV GHPDLV HPSUHVDV GR JUXSR(P R VDOGR DLQGD
HUDFRPSRVWRSRU5DGLDQWDGRVDDFLRQLVWDGD&RPSDQKLDRTXDOIRLUHHPEROVDGR
HPMDQHLURGH
2SHVVRDOFKDYHGDDGPLQLVWUDomRGD&RPSDQKLDHVWiUHSUHVHQWDGRSHORVGLUHWRUHVFXMD
remuneração anual pagDRXSURYLVLRQDGDFRUUHVSRQGHDRSUyODERUHHDRVVDOiULRVHHQ7.1. Informações sobre investimentos em controladas
(PDPL3DUWLFLSDo}HV6$
5LRPDU)RUWDOH]D1RUWH6$
5LRPDU6KRSSLQJ$UDFDMX6$
5LRPDU6KRSSLQJ)RUWDOH]D6$
5LRPDU6KRSSLQJ6$
6DOYDGRU1RUWH6KRSSLQJ6$
6DOYDGRU6KRSSLQJ6$
6KRSSLQJ&HQWHU-DUGLQV6$
6KRSSLQJSDU3DUWLFLSDo}HVH(PSUHHQGLPHQWRV6$
Atividade
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
3URSULHWiULDGHVKRSSLQJFHQWHU
7.2. Movimentação dos investimentos em controladas (Controladora)
(PDPL3DUWLFLSDo}HV6$
5LRPDU)RUWDOH]D1RUWH6$
5LRPDU6KRSSLQJ$UDFDMX6$
5LRPDU6KRSSLQJ)RUWDOH]D6$
5LRPDU6KRSSLQJ6$
6DOYDGRU1RUWH6KRSSLQJ6$
6DOYDGRU6KRSSLQJ6$
6KRSSLQJ&HQWHU-DUGLQV6$
6KRSSLQJSDU3DUWLFLSDo}HVH(PSUHHQGLPHQWRV6$
Ágio em controladas
7RWDO±
7RWDO±
Em 1º de
janeiro
7.3. Movimentação dos investimentos em coligadas (Consolidado)
Em 1º de Equivalência
Em 31 de
janeiro
patrimonial Dividendos dezembro
Coligadas indiretas – 2017
5HFLIH3DUNLQJ/WGD
5HFLIH/RFDGRUDGH(TXLSDPHQWRV
SDUD$XWRJHUDomR/WGD
ASCR – Administradora Shopping
&HQWHU5HFLIH/WGD
*XDUDUDSHV3DUNLQJ/WGD
Total – 2017
Total – 2016
7.4. Investimentos ao valor justo 5HSUHVHQWDGRSRUSDUWLFLSDomRDFLRQiULDHTXLYDOHQWHD
GRFDSLWDOVRFLDOGD3/$=$&$6$)257(3$57,&,3$d®(6((035((1',0(1726
6$HPSUHHQGHGRUDGR6KRSSLQJ3OD]D&DVD)RUWHORFDOL]DGRHP5HFLIH3(DTXDOHVWi
DYDOLDGDDYDORUDSUR[LPDGRGRVHXYDORUMXVWRFRQVLGHUDQGRDIDOWDGHLQÀXrQFLDGR*UXSR
QDDGPLQLVWUDomRGDLQYHVWLGD(PR*UXSRUHFHEHXGLYLGHQGRVGHVVDLQYHVWLGDQR
YDORUGH5 ±5 UHJLVWUDGRVQRUHVXOWDGRGRH[HUFtFLR
8. Propriedades para investimento (Consolidado)
2017
2016
Vida útil
Depreciação
Saldo
Saldo
estimada
Custo
acumulada
líquido
líquido (em anos)
7HUUHQRV
(GL¿FDo}HV
D
(TXLSDPHQWRVHLQVWDODo}HV
D
0yYHLVHXWHQVtOLRV
2EUDVHPDQGDPHQWR
$GLDQWDPHQWRV
2XWURV
5
2017
2016
6DOGRHPGHMDQHLUR
$TXLVLo}HV
%DL[DV
%DL[DVSRUGRDomR
-XURVGH¿QDQFLDPHQWRVFDSLWDOL]DGRV
Depreciação
6DOGRHPGHGH]HPEUR
2V YDORUHV GHPRQVWUDGRV UHSUHVHQWDP RV HPSUHHQGLPHQWRV WLSR ³VKRSSLQJ FHQWHU´ GH
SURSULHGDGHGR*UXSR
$VDTXLVLo}HVHPHVmRUHIHUHQWHVVXEVWDQFLDOPHQWHjFRQVWUXomRGRHPSUHHQGLPHQWR5LRPDU.HQQHG\HP)RUWDOH]D&(HjDPSOLDomRGRHPSUHHQGLPHQWR5LRPDU$UDFDMX
$YLGD~WLOHFRQ{PLFDGRVEHQVXWLOL]DGDSDUD¿QVGHGHWHUPLQDomRGDVWD[DVDQXDLVGH
GHSUHFLDomRHVWiEDVHDGDHPODXGRGHDYDOLDomRSUHSDUDGRSRUSHULWRLQGHSHQGHQWH3DUD
DHODERUDomRGRODXGRRDYDOLDGRULQGHSHQGHQWHFRQVLGHURXRSODQHMDPHQWRRSHUDFLRQDO
GR*UXSRSDUDRVSUy[LPRVH[HUFtFLRVDQWHFHGHQWHVLQWHUQRVFRPRRQtYHOGHPDQXWHQomR
HXWLOL]DomRGRVLWHQVHOHPHQWRVGHFRPSDUDomRHWD[DVGHYLYrQFLDGRVEHQV
6HHVVDVSURSULHGDGHVHVWLYHVVHPDYDOLDGDVSHORYDORUMXVWRHVWHVHULDGH5
2*UXSRHVWDEHOHFHRYDORUMXVWRDWUDYpVGHWpFQLFDVGHDYDOLDomRTXHLQFOXHPRXVRGH
RSHUDo}HV UHFHQWHV UHDOL]DGDV HQWUH WHUFHLURV FRP SURSULHGDGHV VLPLODUHV D DQiOLVH GH
PRGHORV GH SUHFL¿FDomR TXH ID]HP R PDLRU XVR SRVVtYHO GH LQIRUPDo}HV JHUDGDV SHOR
PHUFDGRHDDQiOLVHGHÀX[RVGHFDL[DGHVFRQWDGRVRVTXDLVQmRFRQVLGHUDPRVHIHLWRV
WULEXWiULRVWHQGRHPYLVWDDH[SHULrQFLDHRHQWHQGLPHQWRGDDGPLQLVWUDomRGHTXHRPHUFDGRDVVLPDYDOLDHVVHVWLSRVGHSURSULHGDGHVHPHYHQWXDLVQHJRFLDo}HV
9. Imobilizado
Controladora
Consolidado
2017
2016
2017
2016
6DOGRHPGHMDQHLUR
$TXLVLo}HV
%DL[DV
%DL[DVSRUGRDomR
Depreciação
6DOGRHPGHGH]HPEUR
2LPRELOL]DGRGDFRQWURODGRUDpFRPSRVWRSRUEHQIHLWRULDVHHTXLSDPHQWRVXWLOL]DGRVQD
adPLQLVWUDomRGR*UXSRHRVDOGRGRLPRELOL]DGRQRFRQVROLGDGRUHIHUHVHSULQFLSDOPHQWHj
FRQWURODGDLQGLUHWD$5$&$-8/2&$'25$'((48,3$0(17263$5$&2*(5$d2/7'$
QRYDORUGH5 5
10. Intangível
Controladora
Consolidado
2017
2016
2017
2016
6DOGRHPGHMDQHLUR
$TXLVLo}HV
%DL[DV
$PRUWL]DomR
6DOGRHPGHGH]HPEUR
2VDOGRGRLQWDQJtYHOQRFRQVROLGDGRUHIHUHVHSULQFLSDOPHQWHDRIXQGRGHFRPpUFLRUHJLVWUDGRQDFRQWURODGD(0$0,3$57,&,3$d®(66$QRYDORUGH5 ±5 H
DRVGLUHLWRVGHXVRGHHVWDFLRQDPHQWRFRQVWUXtGRSRUWHUFHLURVQRHPSUHHQGLPHQWR6DOYDGRU
1RUWH6KRSSLQJQRPRQWDQWHGH5 ±5
(b) Reserva de lucros$UHVHUYDGHUHWHQomRGHOXFURVUHIHUHVHjUHWHQomRGRVDOGRUHPDQHVFHQWHGHOXFURVDFXPXODGRVSDUDDWHQGHULQYHVWLPHQWRVGHFDSLWDOVXEVWDQFLDOPHQWHQDVFRQWURODGDV5LRPDU6KRSSLQJ)RUWDOH]D6$5LRPDU)RUWDOH]D1RUWH6$H5LRPDU
6KRSSLQJ$UDFDMX6$$FRQVWLWXLomRGDUHVHUYDHPIRLDSURYDGDHPDVVHPEOHLDGH
DFLRQLVWDVUHDOL]DGDHPGHDEULOGHHDFRQVWLWXLomRHPVHUiGHOLEHUDGDRSRUWXQDPHQWHHPDVVHPEOHLDGHDFLRQLVWDVTXHDSURYDUiHVVDVGHPRQVWUDo}HV¿QDQFHLUDV
$UHVHUYDOHJDOpFRQVWLWXtGDDQXDOPHQWHFRPRGHVWLQDomRGHGROXFUROtTXLGRGRH[HUFtFLRHQmRSRGHUiH[FHGHUDGRFDSLWDOVRFLDO$UHVHUYDOHJDOWHPSRU¿PDVVHJXUDU
DLQWHJULGDGHGRFDSLWDOVRFLDOHVRPHQWHSRGHUiVHUXWLOL]DGDSDUDFRPSHQVDUSUHMXt]RV
e aumentar o capital.
(c) Distribuição de dividendos$RVDFLRQLVWDVpDVVHJXUDGRHVWDWXWDULDPHQWHXPGLYLGHQGRPtQLPRREULJDWyULRGHGROXFUROtTXLGRGRH[HUFtFLRDMXVWDGRQRVWHUPRVGD/HL
GDV6RFLHGDGHVSRU$o}HV$DVVHPEOHLDGHDFLRQLVWDVUHDOL]DGDHP GHDEULOGH
DSURYRXDUHYHUVmRGRVGLYLGHQGRVSURSRVWRVQRH[HUFtFLRGHQRYDORUGH5
Lucro líquido
Patrimônio
SDUDLQFRUSRUDomRjUHVHUYDGHOXFURVSDUDLQYHVWLPHQWRV2HVWDWXWRGD&RPSDQKLDDXWRUL]D
Participação - %
(prejuízo)
líquido
Investimento SUHYLDPHQWHDGLVWULEXLomRGHGLYLGHQGRVFRQIRUPHRSURSRVWRSHODDGPLQLVWUDomR
2017
2016
2017
2016
2017
2016
2017
2016 (d) Juros sobre o capital próprio - (PFRQIRUPLGDGHFRPD/HLQ DDGPLQLVWUD omRGD&RPSDQKLDDSURYRXDGLVWULEXLomRDVHXVDFLRQLVWDVGHMXURVVREUHRFDSLWDOSUySULR
FDOFXODGRVFRPEDVHQDYDULDomRGD7D[DGH-XURVD/RQJR3UD]R 7-/3 LPSXWDQGRRV
DRYDORUGRGLYLGHQGRPtQLPRREULJDWyULR(PDWHQGLPHQWRjOHJLVODomR¿VFDORVMXURVVR EUHRFDSLWDOSUySULRFUHGLWDGRVDRVDFLRQLVWDVHPQRPRQWDQWHGH5IRUDP
FRQWDELOL]DGRVFRPRGHVSHVD¿QDQFHLUD1RHQWDQWRSDUDHIHLWRGHVVDVGHPRQVWUDo}HV
¿QDQFHLUDVRVMXURVVREUHRFDSLWDOSUySULRVmRDSUHVHQWDGRVFRPRGLVWULEXLomRGROXFUR
OtTXLGRGRH[HUFtFLRSRUWDQWRUHFODVVL¿FDGRVSDUDRSDWULP{QLROtTXLGRSHORYDORUEUXWR
XPDYH]TXHRVEHQHItFLRV¿VFDLVSRUHOHJHUDGRVVmRPDQWLGRVQRUHVXOWDGRGRH[HUFtFLR
14. Receitas líquidas (Consolidado)
2017
2016
5HFHLWDVGHDOXJXpLV
Aumento de
Juros sobre
5HFHLWDVGH³5HV6SHUDWD´
capital em
Equivalência
capital próprio
Em 31 de
5HFHLWDVGHSUHVWDomRGHVHUYLoRV
investidas
patrimonial
e dividendos
dezembro
2XWUDVUHFHLWDV
'HGXo}HV±,663,6H&2),16
15. Despesas administrativas - gerais
Consolidado
Controladora
2017
2016
2017
2016
*DVWRVFRPDHVWUXWXUDGRVHPSUHHQGLPHQWRV
&RPSDUWLOKDPHQWRGDHVWUXWXUDGR*UXSR 1RWD
6HUYLoRVSUHVWDGRV
%DL[DGHFRQWDVDUHFHEHU
3HVVRDO
$OXJXpLV
0DQXWHQomRGHHTXLSDPHQWRV
,QGHQL]Do}HVWUDEDOKLVWDV
11. Contas a pagar por aquisição de imóveis(PGHRXWXEURGHR*UXSR¿UPRX
3URSDJDQGDHHYHQWRV
FRQWUDWR SDUD DTXLVLomR GH IUDomR GR LPyYHO GHQRPLQDGR 3& ORFDOL]DGR QR HPSUHHQGL7ULEXWRVHWD[DV
PHQWR6KRSSLQJ5HFLIHSHORYDORUGH5VHQGR5jYLVWDHRUHVWDQWHHP
2XWUDV
SDUFHODVPHQVDLVDWXDOL]DGDVSHODYDULDomRGR,3&$HDFUHVFLGDVGHMXURVDQXDLVGH
(PR*UXSROLTXLGRXRVDOGRHPDEHUWRFRPSDJDPHQWRVTXHWRWDOL]DUDP5
5 VHQGR5 5 GHSULQFLSDOH5 5GHHQFDUJRV 16. Imposto de renda e contribuição social 2LPSRVWRGHUHQGDHDFRQWULEXLomRVRFLDO
GLIHULGRVSDVVLYRVQRFRQVROLGDGRUHIHUHPVHjGLIHUHQoDWHPSRUiULDHQWUHDGHSUHFLD'HErQWXUHVH¿QDQFLDPHQWRV
omRGDVHGL¿FDo}HVFDOFXODGDjWD[D¿VFDOHDUHVSHFWLYDGHSUHFLDomRFDOFXODGDSHODVXD
Encargos
Descrição
anuais Vencimento
2017
2016 YLGD~WLO EDVHFRQWiELO FRQIRUPHGLVSRVWRQRDUWGD/HLQ DOWHUDGDSHOD/HL
n
Controladora
'HErQWXUHV±HPLVVmR
&',
$EU
- $VDOtTXRWDVGHVVHVWULEXWRVGH¿QLGDVDWXDOPHQWHSDUDGHWHUPLQDomRGRVWULEXWRVGLIHULGRV
DWLYRVHSDVVLYRVVmRGHSDUDRLPSRVWRGHUHQGDHGH SDUDDFRQWULEXLomRVRFLDO
7RWDOFRQWURODGRUD
A despesa de imposto de renda e contribuição social é calculada com base no lucro presu &LUFXODQWH FRQWURODGRUD
-
1mRFLUFXODQWH FRQWURODGRUD
- PLGRRXQROXFURUHDOGHSHQGHQGRGHFDGDHPSUHVDGR*UXSR'ROXFURDQWHVGRLPSRVWR
GH UHQGD H GD FRQWULEXLomR VRFLDO FRQVROLGDGRV DSUR[LPDGDPHQWH 5 ±
Controladas
%DQFRGR1RUGHVWH±)1(
-XQ
5 UHIHUHVHDHPSUHVDVTXHDSXUDPHVVHVWULEXWRVSHOROXFURSUHVXPLGRJHrando
%DQFRGR1RUGHVWH±)1(
2XW
HQFDUJRVGHLPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOQRFRQVROLGDGRGH5 ±
%DQFRGR1RUGHVWH±)1(
0DU
5 2VDOGRUHPDQHVFHQWHGROXFURFRQVROLGDGRDQWHVGRLPSRVWRGHUHQGDHGD
%DQFRGR1RUGHVWH±)1(
1RY
FRQWULEXLomRVRFLDOQRYDORUGH5 ±5 HVWiUHSUHVHQWDGRSHODV
%DQFRGR1RUGHVWH±)1(
$JR
HPSUHVDVTXHDSXUDPHVVHVWULEXWRVSHODVLVWHPiWLFDGROXFURUHDOWHQGRFRPRSULQFL%DQFRGR1RUGHVWH±)1(
$JR SDLVLWHQVGHUHFRQFLOLDomRHQWUHDDOtTXRWDQRPLQDOHDHIHWLYD RVYDORUHVGHMXURVVREUHR
%1'(6±),1(0
6(/,&
-XQ
FDSLWDOSUySULRFUHGLWDGRVQRYDORUGH5 ±5 DH[FOXVmRGRHIHLWR
%1'(6±),1(0
7-/3
-XQ QHJDWLYRGDVHPSUHVDVGR*UXSRTXHREWLYHUDPSUHMXt]R¿VFDOQRH[HUFtFLRQRPRQWDQWH
%1'(6±),1(06RFLDO
7-/3
-XQ
GH5 ±5 DH[FOXVmRGRUHVXOWDGRSRVLWLYRGHHTXLYDOrQFLDSD%1'(6±),1(0
7-/3 'H] WULPRQLDOGHFROLJDGDVQRYDORUGH5 ±5 DH[FOXVmRGDGLIHUHQoD
%1'(6±),1(0
7-/3
-DQ
HQWUHDGHSUHFLDomRGDVHGL¿FDo}HVFDOFXODGDjWD[D¿VFDOHDUHVSHFWLYDGHSUHFLDomR
%1'(6±),1(06RFLDO
7-/3 'H]
FRQWDELOL]DGDDTXDOpFDOFXODGDSHODVXDYLGD~WLOQRPRQWDQWHGH5 ±
%1'(6±),1$0(
'H]
5 DDGLomRGHRXWUDVGLIHUHQoDVWHPSRUiULDVSHUPDQHQWHVGH5 ±
%1'(6±),1$0(
-DQ
5 HHPDFRPSHQVDomRGHSUHMXt]RV¿VFDLVHEDVHQHJDWLYDGHFRQWULEXLomRVRFLDOOLPLWDGDDGROXFURDMXVWDGRQRPRQWDQWHGH5 .
FXVWRVLQFRUULGRVQDFDSWDomRDDPRUWL]DU
Total das controladas
(PGHGH]HPEURGHD&RPSDQKLDSRVVXtDHPVHXVUHJLVWURV¿VFDLVSUHMXt]RVD
7RWDOGRFRQVROLGDGR
FRPSHQVDUUHODFLRQDGRVDRLPSRVWRGHUHQGDQRPRQWDQWHGH5 ±5
HEDVHVQHJDWLYDVGHFRQWULEXLomRVRFLDOQRPRQWDQWHGH5 ±5
&LUFXODQWH FRQVROLGDGR
1mRFLUFXODQWH FRQVROLGDGR
DPERV QmR UHFRQKHFLGRV FRQWDELOPHQWH HP IXQomR GD IDOWD GH H[SHFWDWLYD GH JHUDomR
$V GHErQWXUHV HPLWLGDV SHOD &RPSDQKLD VmR VLPSOHV QmR FRQYHUVtYHLV HP Do}HV (P GHOXFURVWULEXWiYHLVIXWXURVHPGHFRUUrQFLDGHVXDDWLYLGDGHRSHUDFLRQDOVHUGHKROGLQJ
HD&RPSDQKLDGHFLGLXOLTXLGDUDQWHFLSDGDPHQWHDVGHErQWXUHV±HPLVVmR 17. Cobertura de seguros - A contratação do seguro é feita com base em programa de
JHUHQFLDPHQWRGHULVFRVFRPRREMHWLYRGHGHOLPLWDURVULVFRVEXVFDQGRQRPHUFDGRFREHUHGHErQWXUHV±HPLVVmRUHVSHFWLYDPHQWH
2V ¿QDQFLDPHQWRV REWLGRV MXQWR DR %1'(6 H[LJHP TXH R *UXSR PDQWHQKD GHWHUPLQDGRV WXUDVFRPSDWtYHLVFRPRSRUWHGRVHPSUHHQGLPHQWRVHGHPDLVDWLYRVGR*UXSR$VFREHUtQGLFHVGHUHQWDELOLGDGHHGHHQGLYLGDPHQWRSDUDTXHQmRVHMDQHFHVViULRFRQVWLWXLUJDUDQWLDV WXUDVFRQWUDWDGDVQRPRQWDQWHGH5VmRFRQVLGHUDGDVVX¿FLHQWHVSHODDGPLGHSURSULHGDGHV(PGHGH]HPEURGHHVVDVFOiXVXODVUHVWULWLYDVIRUDPFXPSULGDV QLVWUDomRGR*UXSRSDUDFREULUHYHQWXDLVVLQLVWURVVHJXQGRDQDWXUH]DGHVXDVDWLYLGDGHV
2YDORUMXVWRGRVHPSUpVWLPRVH¿QDQFLDPHQWRVVHDSUR[LPDDRVHXYDORUFRQWiELOYLVWRTXH RVULVFRVHQYROYLGRVHPVXDVRSHUDo}HVHDRULHQWDomRGHVHXVFRQVXOWRUHVGHVHJXURV
QmRKRXYHPXGDQoDVVLJQL¿FDWLYDVQDVFRQGLo}HVGHPHUFDGRDWXDLVHWD[DVGHMXURVHP Seção D – Políticas contábeis
18. Resumo das principais políticas contábeis
UHODomRjVFRQGLo}HVQDGDWDHPTXHHVVDVRSHUDo}HVIRUDPFRQWUDWDGDV
3DUDHVVDVRSHUDo}HVR*UXSRGHXHPJDUDQWLDDKLSRWHFDGHLPyYHLVFODVVL¿FDGRVHPSUR- 18.1. Caixa e equivalentes de caixa &DL[DHHTXLYDOHQWHVGHFDL[DLQFOXHPGLQKHLURHP
SULHGDGHVSDUDLQYHVWLPHQWRQRPRQWDQWHGH5 YDORUFRQWiELO DOpPGHDSUHVHQWDU FDL[DGHSyVLWRVEDQFiULRVHLQYHVWLPHQWRVGHFXUWRSUD]RGHDOWDOLTXLGH]FRPYHQFLPHQWRVRULJLQDLVGHDWpWUrVPHVHVHFRPULVFRLQVLJQL¿FDQWHGHPXGDQoDGHYDORU
¿DQoDVGHDFLRQLVWDVH¿DQoDVEDQFiULDV
(PR*UXSRLQFRUUHXHPMXURVHHQFDUJRVGRVUHIHULGRV¿QDQFLDPHQWRVHGDVGHErQWX- $WLYRV¿QDQFHLURV2*UXSRFODVVL¿FDVHXVDWLYRV¿QDQFHLURVFRPR³YDORUMXVWRSRU
UHVQRPRQWDQWHGH5 ±5 GRVTXDLV D 5 ±5 PHLRGRUHVXOWDGR´H³HPSUpVWLPRVHUHFHEtYHLV´2VDWLYRV¿QDQFHLURVDYDORUMXVWRSRU
IRUDPFDSLWDOL]DGRVQDIRUPDomRGDVSURSULHGDGHVSDUDLQYHVWLPHQWR H E 5 ± PHLRGRUHVXOWDGRUHIHUHPVHVXEVWDQFLDOPHQWHDLQYHVWLPHQWRVQRVTXDLVR*UXSRQmR
GHWpPFRQWUROHHRXLQÀXrQFLDVLJQL¿FDWLYD 1RWD
5 IRUDPUHJLVWUDGRVFRPRGHVSHVD¿QDQFHLUDQRUHVXOWDGRGRH[HUFtFLR
2VPRQWDQWHVUHJLVWUDGRVQRSDVVLYRQmRFLUFXODQWHGR*UXSRWrPDVHJXLQWHFRPSRVLomR (PSUpVWLPRVHUHFHEtYHLVVmRDWLYRV¿QDQFHLURVQmRGHULYDWLYRVFRPSDJDPHQWRV¿[RVRX
SRUDQRGHYHQFLPHQWR
2017
2016 GHWHUPLQiYHLVQmRFRWDGRVHPXPPHUFDGRDWLYRHVmRDSUHVHQWDGRVQRDWLYRFLUFXODQWH
H[FHWRDTXHOHVFRPSUD]RGHYHQFLPHQWRVXSHULRUDPHVHVDSyVDGDWDGHHPLVVmRGR
EDODQoR HVWHVVmRFODVVL¿FDGRVQRDWLYRQmRFLUFXODQWH 2VUHFHEtYHLVFRPSUHHQGHPDSOL
FDo}HV¿QDQFHLUDVFRQWDVDUHFHEHUGHHPSUHVDVOLJDGDVYDORUHVDUHVWLWXLUHPSUpVWLPRV
FRQFHGLGRVGHSyVLWRVMXGLFLDLVHRXWURVDWLYRV
2V YDORUHV D UHVWLWXLU UHIHUHPVH SULQFLSDOPHQWH D JDVWRV UHDOL]DGRV SHODV FRQWURODGDV
5,20$5 6+233,1* 6$ 5,20$5 6+233,1* )257$/(=$ 6$ H 5,20$5 )25
7$/(=$1257(6$SRUFRQWDGHWHUFHLURVGXUDQWHDFRQVWUXomRGRVVHXVUHVSHFWLYRV
HPSUHHQGLPHQWRVRVTXDLVFRQIRUPHGH¿QLo}HVFRQWUDWXDLVVHUmRUHHPEROVDGRVSHORV
SDUFHLURVHQYROYLGRV2*UXSRHVSHUDUHDOL]DUHVVHDWLYRDWpR¿QDOGH
2V HPSUpVWLPRV FRQFHGLGRV VmR UHSUHVHQWDGRV SRU YDORUHV UHSDVVDGRV D ORMLVWDV SDUD
LQVWDODomR GH ORMDV QRV HPSUHHQGLPHQWRV GR *UXSR H VHUmR UHVVDUFLGRV DWp FRP
13. Patrimônio líquido
(a) Capital social 2FDSLWDOVRFLDOHPGHGH]HPEURGHHHVWiUHSUHVHQWDGR HQFDUJRV PpGLRV PHQVDLV FRUUHVSRQGHQWHV j YDULDomR GR ,*3', DFUHVFLGRV GH
8PD SURYLVmR SDUD FUpGLWRV GH OLTXLGDomR GXYLGRVD p FRQVWLWXtGD HP PRQWDQWH MXOJDGR
SRU Do}HVRUGLQiULDVQRPLQDWLYDVVHPYDORUQRPLQDO
(PGHQRYHPEURGHDDVVHPEOHLDGHDFLRQLVWDVGD&RPSDQKLDDSURYRXDXPHQWR VX¿FLHQWHSDUDID]HUIDFHDHYHQWXDLVSHUGDVQDUHDOL]DomRGHVVHVDWLYRVFRPEDVHHP
GHFDSLWDOQRPRQWDQWHGH5 PHGLDQWHDFRQYHUVmRDRFDSLWDOGDUHVHUYDGHOXFURV DQiOLVHLQGLYLGXDOGHFDGDGHYHGRU(PR*UXSRFRQVWLWXLXSURYLVmRQRPRQWDQWHGH
OXFURVGRH[HUFtFLRHGDUHVHUYDOHJDOQRVPRQWDQWHVGH5 5H5 5 ±5
18.3. Contas a receber $VFRQWDVDUHFHEHUVmRLQLFLDOPHQWHUHFRQKHFLGDVSHORYDORU
UHVSHFWLYDPHQWHWHQGRVLGRHPLWLGDV QRYDVDo}HV
(PGHGH]HPEURGHDDVVHPEOHLDGHDFLRQLVWDVGD&RPSDQKLDDSURYRXDXPHQWRGH MXVWRHVXEVHTXHQWHPHQWHPHQVXUDGDVSHORFXVWRDPRUWL]DGRFRPRXVRGRPpWRGRGD
FDSLWDOQRPRQWDQWHGH5FRPUHFXUVRVDQWHULRUPHQWHDGLDQWDGRVSHORVDFLRQLVWDV WD[DHIHWLYDGHMXURVPHQRVDSURYLVmRSDUDFUpGLWRVGHOLTXLGDomRGXYLGRVD$VFRQWDVD
UHFHEHUHVWmRUHSUHVHQWDGDVSRUDOXJXpLVH³5HV6SHUDWD´DUHFHEHUDXIHULGRVQRVHPSUHWHQGRVLGRHPLWLGDVQRYDVDo}HV
1RVH[HUFtFLRVGHHDSDUWLFLSDomRGHQmRFRQWURODGRUHVGR*UXSRIRLDFUHVFLGD HQGLPHQWRVGR*UXSR8PDSURYLVmRSDUDFUpGLWRVGHOLTXLGDomRGXYLGRVDpFRQVWLWXtGD
TXDQGRH[LVWHXPDHYLGrQFLDREMHWLYDGHTXHR*UXSRQmRUHFHEHUiWRGRVRVYDORUHVGHYLHPGHFRUUrQFLDGHDXPHQWRGHFDSLWDOQDVVHJXLQWHVFRQWURODGDV
2017
2016 GRVGHDFRUGRFRPDVFRQGLo}HVRULJLQDLVGDVFRQWDVDUHFHEHU$DGPLQLVWUDomRGR*UXSR
5LRPDU)RUWDOH]D1RUWH6$
SUHVVXS}HTXHRVVDOGRVGDVFRQWDVDUHFHEHUGHFOLHQWHVSHORYDORUFRQWiELOPHQRVD
5LRPDU6KRSSLQJ$UDFDMX6$
SURYLVmRSDUDSHUGDVHVWHMDPSUy[LPRVGHVHXVYDORUHVMXVWRV
5LRPDU6KRSSLQJ)RUWDOH]D6$
18.4. Tributos a recuperar 6mRDYDOLDGRVDRFXVWRDWXDOL]DGRVSHODWD[D6(/,&FRQ IRUPHSUHYLVWRQDOHJLVODomRYLJHQWHHQmRH[FHGHPDRYDORUHVSHUDGRGHUHDOL]DomR
FDUJRVQRPRQWDQWHGH5 ±5 $UHPXQHUDomRDQXDOGRSHVVRDO
FKDYHGDDGPLQLVWUDomRGR*UXSRIRLGH5 ±5
7. Investimentos em empresas
Controladora
Consolidado
2017
2016
2017
2016
,QYHVWLPHQWRVHPFRQWURODGDV
Ágio em controladas
,QYHVWLPHQWRVHPFROLJDGDV
Total controladas e coligadas
,QYHVWLPHQWRVDRYDORUMXVWR
CONTINUA