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24. Equity (Tables) | 12 Months Ended
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Dec. 31, 2018
Equity Tables Abstract |
Subscribed and paid-in capital |
| December 31, 2018 | December 31, 2017
| 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 (**) | 212,612,143 | 31,10% | 201,026,895 | 29,41%
The Bank of New York ADR Department (equivalent in shares) (*) (**) | 125,278,967 | 18,33% | 136,790,413 | 20,01%
Other | 2,094,474 | 0,31% | 2,168,276 | 0,32%
| 683,509,869 | 100,00% | 683,509,869 | 100,00%
| (*) | each ADR corresponds to 1 share.
(**) custodians
Distribution of earnings |
| 2018 | 2017 | 2016
Profit for the year | 2,835,068 | 2,519,310 | 2,947,098
(-) Legal reserve - 5% | 141,755 | 125,965 | 147,355
| 2,693,313 | 2,393,345 | 2,799,743
Minimum mandatory dividend – 25% (R$0.9851, R$0.87539 and R$1.0240 as of December 31, 2018, 2017 and 2016 per share and per ADS) | 673,328 | 598,336 | 699,936
Allocation of profit |
| 2018 | 2017 | 2016
Profit |  |  |
(+) | Profit for the year | 2,835,068 | 2,519,310 | 2,947,098
(-) | Legal reserve – 5% | 141,755 | 125,965 | 147,355
(-) | Minimum mandatory dividends | 673,328 | 598,336 | 699,936
(-) | Additional proposed dividends | 118,859 | 105,543 | 123,557
Investment reserve recorded | 1,901,126 | 1,689,466 | 1.976.250
Other comprehensive loss |
| G1 | G0 | Total
Balance as of December 31, 2017 | 70,927 | (609,028) | (538,101)
Actuarial gains/(losses) for the year (Note 21 (b)) | (211) | (10,783) | (10,994)
Balance as of December 31, 2018 | 70,716 | (619,811) | (549,095)

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