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Investments in associates and joint ventures (Details 1) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Breakdown of investments in associates and joint ventures      
Investment book value R$ 8,257,384 R$ 7,002,778 R$ 5,815,325
Equity in net income of associates 1,718,411 1,699,725 1,528,051
Associates and joint ventures current assets 93,946,146 33,277,701 24,135,254
Associates and joint ventures non - current assets 26,992,289 22,391,305 14,412,915
Associates and joint ventures current liabilities 89,194,631 34,948,570 17,041,545
Associates and joint ventures non - current liabilities 10,720,340 2,417,942 11,143,879
Revenue [1] 17,421,168 7,908,280 14,787,246
Associates and joint ventures net income (loss) for the year 6,014,365 5,656,103 4,866,890
Elo Participações S.A.      
Breakdown of investments in associates and joint ventures      
Investment book value 978,195 849,355 686,951
Equity in net income of associates 162,070 198,457 243,073
Associates and joint ventures current assets 420,804 352,179 223,332
Associates and joint ventures non - current assets 1,776,837 1,596,527 1,438,988
Associates and joint ventures current liabilities 96,763 107,627 144,169
Associates and joint ventures non - current liabilities 3,967 0 15
Revenue [1] 18,708 18,879 14,669
Associates and joint ventures net income (loss) for the year R$ 324,075 R$ 396,835 R$ 486,049
Company [2] Elo Participações S.A. Elo Participações S.A. Elo Participações S.A.
Equity interest 50.01% 50.01% 50.01%
Shareholding interest with voting rights 50.01% 50.01% 50.01%
Crediare S.A. – Crédito, Financiamento e Investimento      
Breakdown of investments in associates and joint ventures      
Investment book value R$ 68,231 R$ 64,174 R$ 65,030
Equity in net income of associates 12,393 8,721 10,400
Associates and joint ventures current assets 339,236 443,978 439,594
Associates and joint ventures non - current assets 119,406 3,883 4,301
Associates and joint ventures current liabilities 324,764 317,298 312,036
Associates and joint ventures non - current liabilities 0 0 0
Revenue [1] 161,107 164,026 158,124
Associates and joint ventures net income (loss) for the year R$ 24,786 R$ 17,442 R$ 20,800
Company Crediare S.A. – Crédito, Financiamento e Investimento Crediare S.A. – Crédito, Financiamento e Investimento Crediare S.A. – Crédito, Financiamento e Investimento
Equity interest 50.00% 50.00% 50.00%
Shareholding interest with voting rights 50.00% 50.00% 50.00%
MPO - Processadora de Pagamentos Móveis S.A.      
Breakdown of investments in associates and joint ventures      
Investment book value R$ 0 R$ 3 R$ 6,551
Equity in net income of associates (39) (49) 716
Associates and joint ventures current assets 2,198 3,538 380,801
Associates and joint ventures non - current assets 1,612 0 11,362
Associates and joint ventures current liabilities 2 3,532 379,061
Associates and joint ventures non - current liabilities 3,881 0 0
Revenue [1] 227 256 313,065
Associates and joint ventures net income (loss) for the year R$ (78) R$ (98) R$ 1,432
Company MPO - Processadora de Pagamentos Móveis S.A. MPO - Processadora de Pagamentos Móveis S.A. MPO - Processadora de Pagamentos Móveis S.A.
Equity interest 50.00% 50.00% 50.00%
Shareholding interest with voting rights 50.00% 50.00% 50.00%
Leader S.A. Adm. de Cartões de Crédito      
Breakdown of investments in associates and joint ventures      
Investment book value     R$ 52
Equity in net income of associates   R$ (23,227) (1,013)
Associates and joint ventures current assets     2,920
Associates and joint ventures non - current assets     278
Associates and joint ventures current liabilities     3,095
Associates and joint ventures non - current liabilities     0
Revenue     1,790
Associates and joint ventures net income (loss) for the year     R$ (2,026)
Company [3],[4]   Leader S.A. Adm. de Cartões de Crédito Leader S.A. Adm. de Cartões de Crédito
Equity interest     50.00%
Shareholding interest with voting rights     50.00%
Total investments in joint ventures      
Breakdown of investments in associates and joint ventures      
Investment book value R$ 1,046,426 R$ 913,532 R$ 758,584
Equity in net income of associates 174,424 183,902 253,176
Associates and joint ventures current assets 762,238 799,695 1,046,647
Associates and joint ventures non - current assets 1,897,855 1,600,410 1,454,929
Associates and joint ventures current liabilities 421,529 428,457 838,361
Associates and joint ventures non - current liabilities 7,848 0 15
Revenue [1] 180,042 183,161 487,648
Associates and joint ventures net income (loss) for the year R$ 348,783 R$ 414,179 R$ 506,255
Cielo S.A.      
Breakdown of investments in associates and joint ventures      
Company [5] Cielo S.A. Cielo S.A. Cielo S.A.
Equity interest 30.06% 30.06% 30.06%
Shareholding interest with voting rights 30.06% 30.06% 30.06%
Investment book value R$ 4,832,660 R$ 4,108,743 R$ 3,302,071
Equity in net income of associates 1,219,202 1,204,520 1,043,743
Associates and joint ventures current assets 76,403,596 13,699,378 13,755,540
Associates and joint ventures non - current assets 13,151,540 10,654,621 10,806,140
Associates and joint ventures current liabilities 71,020,292 15,004,712 8,199,287
Associates and joint ventures non - current liabilities 6,833,491 0 9,696,767
Revenue [1] 2,561,394 392,167 239,386
Associates and joint ventures net income (loss) for the year R$ 4,056,077 R$ 4,007,233 R$ 3,472,355
IRB - Brasil Resseguros S.A.      
Breakdown of investments in associates and joint ventures      
Company [3],[6] IRB - Brasil Resseguros S.A. IRB - Brasil Resseguros S.A. IRB - Brasil Resseguros S.A.
Equity interest 15.23% 20.51% 20.51%
Shareholding interest with voting rights 15.23% 20.51% 20.51%
Investment book value R$ 543,025 R$ 662,460 R$ 658,949
Equity in net income of associates 182,432 132,668 138,165
Associates and joint ventures current assets 8,512,491 8,484,793 8,922
Associates and joint ventures non - current assets 6,124,173 5,828,133 5,768
Associates and joint ventures current liabilities 10,138,711 10,238,221 10,639
Associates and joint ventures non - current liabilities 947,514 844,876 785
Revenue [1] 3,550,438 3,185 3,144
Associates and joint ventures net income (loss) for the year R$ 1,197,846 R$ 646,823 R$ 673,650
Fleury S.A.      
Breakdown of investments in associates and joint ventures      
Company [3],[7] Fleury S.A. Fleury S.A. Fleury S.A.
Equity interest 16.28% 16.39% 16.39%
Shareholding interest with voting rights 16.28% 16.39% 16.39%
Investment book value R$ 692,380 R$ 651,906 R$ 512,642
Equity in net income of associates 46,791 17,506 6,262
Associates and joint ventures current assets 1,389,026 1,343,162 1,124,788
Associates and joint ventures non - current assets 2,224,500 2,021,981 268,829
Associates and joint ventures current liabilities 615,510 429,411 299,033
Associates and joint ventures non - current liabilities 1,263,331 1,166,607 1,408,157
Revenue [1] 2,609,717 2,045,898 1,845
Associates and joint ventures net income (loss) for the year R$ 287,414 R$ 106,829 R$ 38,206
Aquarius Participações S.A.      
Breakdown of investments in associates and joint ventures      
Company [8] Aquarius Participações S.A. Aquarius Participações S.A.  
Equity interest 49.00% 49.00%  
Shareholding interest with voting rights 49.00% 49.00%  
Investment book value R$ 263,630 R$ 263,632  
Equity in net income of associates 116,070 73,640  
Associates and joint ventures current assets 242,617 150,233  
Associates and joint ventures non - current assets 532,707 538,267  
Associates and joint ventures current liabilities 237,305 150,474  
Associates and joint ventures non - current liabilities 0 0  
Revenue [1] 38 0  
Associates and joint ventures net income (loss) for the year R$ 236,878 R$ 150,286  
Fidelity Processadora S.A.      
Breakdown of investments in associates and joint ventures      
Company [8]     Fidelity Processadora S.A.
Equity interest     49.00%
Shareholding interest with voting rights     49.00%
Investment book value     R$ 254,785
Equity in net income of associates     68,312
Associates and joint ventures current assets     450,267
Associates and joint ventures non - current assets     402,702
Associates and joint ventures current liabilities     332,997
Revenue [1]     19,546
Associates and joint ventures net income (loss) for the year     R$ 139,412
Haitong Banco de Investimento do Brasil S.A.      
Breakdown of investments in associates and joint ventures      
Company Haitong Banco de Investimento do Brasil S.A. Haitong Banco de Investimento do Brasil S.A. Haitong Banco de Investimento do Brasil S.A.
Equity interest 20.00% 20.00% 20.00%
Shareholding interest with voting rights 20.00% 20.00% 20.00%
Investment book value R$ 105,649 R$ 127,922 R$ 130,248
Equity in net income of associates (22,637) 1,596 (5,377)
Associates and joint ventures current assets 3,588,848 8,187,596 7,227,947
Associates and joint ventures non - current assets 1,283,453 493,325 563,950
Associates and joint ventures current liabilities 3,565,394 8,041,309 7,140,656
Associates and joint ventures non - current liabilities 726,468 0 0
Revenue [1] 5,432,770 4,243,442 13,834,551
Associates and joint ventures net income (loss) for the year R$ (113,185) R$ 7,980 R$ (26,886)
Cia. Brasileira de Gestão e Serviços S.A.      
Breakdown of investments in associates and joint ventures      
Company Cia. Brasileira de Gestão e Serviços S.A. Cia. Brasileira de Gestão e Serviços S.A. Cia. Brasileira de Gestão e Serviços S.A.
Equity interest 41.85% 41.85% 41.85%
Shareholding interest with voting rights 41.85% 41.85% 41.85%
Investment book value R$ 118,781 R$ 102,251 R$ 83,735
Equity in net income of associates 16,530 18,517 17,660
Associates and joint ventures current assets 285,871 247,475 203,030
Associates and joint ventures non - current assets 118,394 109,390 93,487
Associates and joint ventures current liabilities 33,305 44,890 35,986
Associates and joint ventures non - current liabilities 8,320 0 1,590
Revenue [1] 61,185 22,642 13,247
Associates and joint ventures net income (loss) for the year R$ 39,498 R$ 44,246 R$ 42,197
Tecnologia Bancaria S.A.      
Breakdown of investments in associates and joint ventures      
Company [3] Tecnologia Bancária S.A. Tecnologia Bancária S.A.  
Equity interest 24.32% 24.32%  
Shareholding interest with voting rights 24.32% 24.32%  
Investment book value R$ 108,752 R$ 98,543  
Equity in net income of associates 10,209 71,232  
Associates and joint ventures current assets 242,480 193,546  
Associates and joint ventures non - current assets 75,702 1,117,398  
Associates and joint ventures current liabilities 590,872 499,341  
Associates and joint ventures non - current liabilities 496,090 406,459  
Revenue [1] 2,534,235 686,800  
Associates and joint ventures net income (loss) for the year R$ 41,973 R$ 292,862  
NCR Brasil Indústria de Equipamentos para Automação S.A.      
Breakdown of investments in associates and joint ventures      
Company [3],[9] NCR Brasil Indústria de Equipamentos para Automação S.A. NCR Brasil Indústria de Equipamentos para Automação S.A. NCR Brasil S.A.
Equity interest 49.00% 49.00% 49.00%
Shareholding interest with voting rights 49.00% 49.00% 49.00%
Investment book value R$ 46,039 R$ 73,789 R$ 80,357
Equity in net income of associates 4,108 (7,024) 7,101
Associates and joint ventures current assets 221,809 171,823 206,315
Associates and joint ventures non - current assets 28,788 27,780 27,146
Associates and joint ventures current liabilities 141,520 111,755 134,533
Associates and joint ventures non - current liabilities 0 0 0
Revenue [1] 1,270 330,985 71,177
Associates and joint ventures net income (loss) for the year R$ 8,384 R$ (14,335) R$ 14,492
Swiss Re Corporate Solutions Brasil      
Breakdown of investments in associates and joint ventures      
Company [3] Swiss Re Corporate Solutions Brasil    
Equity interest 40.00%    
Shareholding interest with voting rights 40.00%    
Investment book value R$ 463,400    
Equity in net income of associates (26,437)    
Associates and joint ventures current assets 2,178,209    
Associates and joint ventures non - current assets 1,511,924    
Associates and joint ventures current liabilities 2,411,600    
Associates and joint ventures non - current liabilities 437,278    
Revenue [1] 490,079    
Associates and joint ventures net income (loss) for the year R$ (66,093)    
Gestora de Inteligência de Crédito S.A.      
Breakdown of investments in associates and joint ventures      
Company [3] Gestora de Inteligência de Crédito S.A.    
Equity interest 20.00%    
Shareholding interest with voting rights 20.00%    
Investment book value R$ 29,513    
Equity in net income of associates (4,642)    
Associates and joint ventures current assets 118,961    
Associates and joint ventures non - current assets 43,253    
Associates and joint ventures current liabilities 18,594    
Associates and joint ventures non - current liabilities 0    
Revenue [1] 0    
Associates and joint ventures net income (loss) for the year R$ (23,210)    
Empresa Brasileira de Solda Elétrica S.A.      
Breakdown of investments in associates and joint ventures      
Company   Empresa Brasileira de Solda Elétrica S.A. Empresa Brasileira de Solda Elétrica S.A.
Equity interest     49.00%
Shareholding interest with voting rights     49.00%
Investment book value     R$ 33,954
Equity in net income of associates   R$ 3,168 (5,769)
Associates and joint ventures current assets     101,151
Associates and joint ventures non - current assets     48,161
Associates and joint ventures current liabilities     47,519
Associates and joint ventures non - current liabilities     32,499
Revenue     115,874
Associates and joint ventures net income (loss) for the year     R$ (11,774)
Integritas Participações S.A.      
Breakdown of investments in associates and joint ventures      
Company [10]     Integritas Participações S.A.
Investment book value     R$ 0
Equity in net income of associates     4,778
Associates and joint ventures current assets     10,647
Associates and joint ventures non - current assets     741,803
Associates and joint ventures current liabilities     2,534
Associates and joint ventures non - current liabilities     4,066
Revenue     828
Associates and joint ventures net income (loss) for the year     18,983
Other      
Breakdown of investments in associates and joint ventures      
Company [3] 0    
Equity interest 0.00%    
Shareholding interest with voting rights 0.00%    
Investment book value R$ 7,129    
Equity in net income of associates 2,361    
Associates and joint ventures current assets 0    
Associates and joint ventures non - current assets 0    
Associates and joint ventures current liabilities 0    
Associates and joint ventures non - current liabilities 0    
Revenue [1] 0    
Associates and joint ventures net income (loss) for the year 0    
Total investments in associates      
Breakdown of investments in associates and joint ventures      
Investment book value 7,210,958 6,089,246 5,056,741
Equity in net income of associates 1,543,987 1,515,823 1,274,875
Associates and joint ventures current assets 93,183,908 32,478,006 23,088,607
Associates and joint ventures non - current assets 25,094,434 20,790,895 12,957,986
Associates and joint ventures current liabilities 88,773,103 34,520,113 16,203,184
Associates and joint ventures non - current liabilities 10,712,492 2,417,942 11,143,864
Revenue [1] 17,241,126 7,725,119 14,299,598
Associates and joint ventures net income (loss) for the year R$ 5,665,582 R$ 5,241,924 R$ 4,360,635
[1] Revenues from financial intermediation or services;
[2] Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2017, the Organization received R$ 46,820 thousand of dividends from this investment. In its financial statements, Elo Participacoes S.A. presented R$ 8,109 thousand of other comprehensive income.
[3] Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements;
[4] In April 2016, it was consolidated after acquisition of 50% of the company;
[5] Brazilian company, services provider related to credit and debit cards and other means of payment. In 2017, the Organization received R$ 582,483 thousand of dividends and interest on capital of this investment. In financial statements, Cielo S.A. presented R$ 8,814 thousand of other comprehensive income;
[6] Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence;
[7] Participation in Fleury S.A. (i) due to the partial spin-off of Integritas Participações S.A. and, (ii) recorded using equity method as Bradesco has significant influence due its paticipation on the Board of the Directors and other committes;
[8] In January 2016, Aquarius Participações S.A. was endowed with the contribution of the investment of Fidelity Processadora e Serviços S.A.;
[9] In 2017, impairment losses were recognized in associates and joint control companies, in the amount of R$ 31,868 thousand, on the investment in NCR Brasil S.A. (In 2016, R$ 37,122 on the investment in EBSE - Empresa Brasileira de Solda Eletrica S.A.); and
[10] Partial spin-off in October, 2015;