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CONSOLIDATED STATEMENTS OF INCOME - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONSOLIDATED STATEMENTS OF INCOME      
NET SALES R$ 36,917,619 R$ 37,651,667 R$ 43,581,241
Cost of sales (33,312,995) (34,187,941) (39,290,526)
GROSS PROFIT 3,604,624 3,463,726 4,290,715
Selling expenses (524,965) (710,766) (785,002)
General and administrative expenses (1,129,943) (1,528,262) (1,797,483)
Other operating income 260,618 242,077 213,431
Other operating expenses (168,887) (114,230) (116,431)
Impairment of assets (1,114,807) (2,917,911) (4,996,240)
Gains and losses on assets held for sale and sales of interest in subsidiaries and associates (721,682) (58,223)  
Reversal of contingent liabilities, net 929,711    
Equity in earnings of unconsolidated companies (34,597) (12,771) (24,502)
INCOME (LOSS) BEFORE FINANCIAL INCOME (EXPENSES) AND TAXES 1,100,072 (1,636,360) (3,215,512)
Financial income 226,615 252,045 378,402
Financial expenses (1,726,284) (2,010,005) (1,780,366)
Exchange variations, net (4,057) 851,635 (1,564,017)
Reversal of monetary update of contingent liabilities, net 369,819    
Gains and losses on financial instruments, net (9,441) (38,930) 87,085
INCOME (LOSS) BEFORE TAXES (43,276) (2,581,615) (6,094,408)
Income and social contribution taxes      
Current (313,758) (110,511) (158,450)
Deferred 18,367 (193,803) 1,656,872
Income and social contribution taxes (295,391) (304,314) 1,498,422
NET INCOME (LOSS) (338,667) (2,885,929) (4,595,986)
ATTRIBUTABLE TO:      
Owners of the parent (359,360) (2,890,811) (4,551,438)
Non-controlling interests 20,693 4,882 (44,548)
NET INCOME (LOSS) R$ (338,667) R$ (2,885,929) R$ (4,595,986)
EARNINGS PER SHARE      
Basic earnings (loss) per share - preferred and common R$ (0.21) R$ (1.70) R$ (2.69)
Diluted earnings (loss) per share - preferred and common R$ (0.21) R$ (1.70) R$ (2.69)