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Note 29 - Collateral and Contractual Commitments with Suppliers, Advances From Customers and Other | 12 Months Ended
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Dec. 31, 2017
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Disclosure of collateral and contractual commitments with suppliers, advances from customers and other [text block] |
29. | COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPLLIERS, ADVANCES FROM CUSTOMERS AND OTHER
|  | 2017 |  |  | 2016 |
Collateral given for own liabilities |  |  | 606.3 |  |  |  | 1,051.5 |
Other commitments |  |  | 842.7 |  |  |  | 754.3 |
|  |  | 1,449.0 |  |  |  | 1,805.8 |
Commitments with suppliers (i) |  |  | 11,096.3 |  |  |  | 4,019.2 |
Commitments - Bond 2017 |  |  | - |  |  |  | 300.0 |
|  |  | 11,096.3 |  |  |  | 4,319.2 |
(i) Variation refers, mainly, a new contracts with a new suppliers of aluminum in 2017. The collateral provided for liabilities totaled approximately R$1,449.0 as at December 31, 2017 ( R$1,805.8 as at December 31, 2016), including R$551.0 ( R$571.3 as at December 31, 2016) of cash guarantees. The deposits in cash used as guarantees are presented as part of other assets. To meet the guarantees required by derivative exchanges and/or counterparties contracted in certain derivative financial instrument transactions, Ambev maintained as at December 31, 2017, R$606.3 ( R$486.8 as at December 31, 2016) in highly liquid financial investments or in cash, classified as cash and cash equivalents and investment securities (Note 27 – Financial instruments and risks ). Most of the balance relates to commitments with suppliers of packaging. Future contractual commitments as at December 31, 2017 and 2016 are as follows:
|  | 2017 |  |  | 2016 |
Less than 1 year |  |  | 3,812.8 |  |  |  | 3,325.7 |
Between 1 and 2 years |  |  | 2,995.7 |  |  |  | 420.8 |
More than 2 years |  |  | 4,287.8 |  |  |  | 572.7 |
|  |  | 11,096.3 |  |  |  | 4,319.2 |

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- Definition The disclosure of collateral and contractual commitments with suppliers, advances from customers and other. + References No definition available. + Details
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