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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - BRL (R$)
R$ in Thousands
Total Parent company's interest
Capital
Treasury Stocks
Capital Reserve
Legal reserve
Tax Incentives Reserve
Investments and working capital reserve
Retained earnings
Operations with noncontrolling interests
Gains and losses on net investment hedge
Gains and losses on financial instruments
Cumulative translation adjustment
Pension Plan
Stock Options
Non-controlling interests
Total
Equity at beginning of period at Dec. 31, 2014 R$ 32,200,819 R$ 19,249,181 R$ (233,142) R$ 11,597 R$ 628,228 R$ 611,531 R$ 10,475,045   R$ (1,732,962) R$ (2,472,853) R$ (923) R$ 5,874,714 R$ (347,847) R$ 138,250 R$ 1,053,715 R$ 33,254,534
Net income (loss) (4,551,438)             R$ (4,551,438)             (44,548) (4,595,986)
Other comprehensive income (loss) recognized in the year 5,586,602                 (3,610,435) 17,007 9,147,164 32,866   103,732 5,690,334
Total comprehensive income (loss) for the year, net of tax 1,035,164             (4,551,438)   (3,610,435) 17,007 9,147,164 32,866   59,184 1,094,348
Supplementary dividend 944           944                 944
Stock option expenses recognized in the year (128)                         (128) (409) (537)
Treasury stocks (186,033)   (186,033)                       (3,038) (189,071)
Stock option exercised during the year 32,537   35,812       (3,275)               3,365 35,902
Effect of interest changes in subsidiaries (1,144,526)               (1,144,526)           (824,711) (1,969,237)
Absorption of net loss proposed to the shareholders             (4,551,438) 4,551,438                
Dividends/interest on capital (252,976)           (252,976)               (3,524) (256,500)
Equity at end of period at Dec. 31, 2015 31,685,801 19,249,181 (383,363) 11,597 628,228 611,531 5,668,300   (2,877,488) (6,083,288) 16,084 15,021,878 (314,981) 138,122 284,582 31,970,383
Net income (loss) (2,890,811)             (2,890,811)             4,882 (2,885,929)
Other comprehensive income (loss) recognized in the year (4,852,813)                 1,678,852 239 (6,489,813) (42,091)   (34,800) (4,887,613)
Total comprehensive income (loss) for the year, net of tax (7,743,624)             (2,890,811)   1,678,852 239 (6,489,813) (42,091)   (29,918) (7,773,542)
Stock option expenses recognized in the year 51,230                         51,230 184 51,414
Treasury stocks (95,343)   (95,343)                       (27) (95,370)
Stock option exercised during the year 5,496   10,461       (4,965)               64 5,560
Assignment of preferred shares 205,800   369,499       (163,699)                 205,800
Effect of interest changes in subsidiaries 4,153               4,153           (6,405) (2,252)
Absorption of net loss proposed to the shareholders             (2,890,811) 2,890,811                
Dividends/interest on capital (85,377)           (85,377)               (1,963) (87,340)
Equity at end of period at Dec. 31, 2016 24,028,136 19,249,181 (98,746) 11,597 628,228 611,531 2,523,448   (2,873,335) (4,404,436) 16,323 8,532,065 (357,072) 189,352 246,517 24,274,653
Net income (loss) (359,360)             (359,360)             20,693 (338,667)
Other comprehensive income (loss) recognized in the year 34,100                 (148,548) (11,351) 309,385 (115,386)   6,201 40,301
Total comprehensive income (loss) for the year, net of tax (325,260)             (359,360)   (148,548) (11,351) 309,385 (115,386)   26,894 (298,366)
Stock option expenses recognized in the year 5,633                         5,633 15 5,648
Stock option exercised during the year 19,650   22,661       (3,011)               32 19,682
Effect of interest changes in subsidiaries 2,504               2,504           (21,698) (19,194)
Absorption of net loss proposed to the shareholders             (359,360) R$ 359,360                
Dividends/interest on capital (85,462)           (85,462)               (3,020) (88,482)
Equity at end of period at Dec. 31, 2017 R$ 23,645,201 R$ 19,249,181 R$ (76,085) R$ 11,597 R$ 628,228 R$ 611,531 R$ 2,075,615   R$ (2,870,831) R$ (4,552,984) R$ 4,972 R$ 8,841,450 R$ (472,458) R$ 194,985 R$ 248,740 R$ 23,893,941