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22. Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity Tables  
Subscribed and paid-in capital
  December 31, 2017 December 31, 2016
  Number of shares Number of shares
State Department of Finance 343,524,285 50,26% 343,524,285 50.26%
Companhia Brasileira de Liquidação e Custódia (**) 201,026,895 29,41% 206,955,305 30.28%
The Bank of New York ADR Department   (equivalent in shares) (*) (**) 136,790,413 20,01% 132,401,813 19.37%
Other 2,168,276    0,32%    628,466    0.09%   
         
  683,509,869    100,00%   683,509,869   100.00%   

 

(*)       each ADR corresponds to 1 share.

(**)     custodians 

Distribution of earnings
  2017 2016 2015
Profit for the year 2,519,310 2,947,098 536,279
(-) Legal reserve - 5% 125,965 147,355 26,814
       
  2,393,345 2,799,743 509,465
       
Minimum mandatory dividend – 25% (R$0.87539, R$1.0240 and R$0.1863 as of December 31, 2017, 2016 and 2015 per share and per ADS) 598,336   699,936 127,366
Allocation of profit
  2017 2016 2015
Profit      
(+) Profit for the year 2,519,310 2,947,098 536,279
(-) Legal reserve – 5% 125,965   147,355 26,814
(-) Minimum mandatory dividends 598,336 699,936 127,366
(-) Additional proposed dividends 105,543 123,557 22,527
Investment reserve recorded 1.689.466 1.976.250 359.572
Other comprehensive loss
  G1 G0 Total
       
Balance as of December 31, 2016 (165,085) (660,563) (825,648)
Actuarial gains/(losses) for the year (Note 20 (b)) 236,012 51,535 287,547
Balance as of December 31, 2017 70,927 (609,028) (538,101)