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Joint Ventures | 12 Months Ended
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Dec. 31, 2017
Disclosure Of Joint Ventures Explanatory [Abstract] |
Disclosure of joint ventures [text block] | Note 12 Joint Ventures
| 12.1 | Policy for the accounting of equity accounted investment in joint ventures
The method for recognizing joint ventures is that in which participation is initially recorded at cost, and subsequently adjusted, considering changes after the acquisition in the portion of the entity’s net assets that correspond to the investor. Profit or loss for the period will include the portion of the entity’s entire profit or loss that correspond to the investor. For these joint ventures there is no quoted market price to measure these investments. There are no significant restrictions on these joint ventures for the transfer of funds as payment of dividends or others. At the date of issuance of these financial statements, SQM is not aware of the existence of any significant contingent liabilities associated with the partnerships in joint ventures.
| 12.2 | Disclosures of interest in joint ventures
a) Operations conducted in 2017 On June 30, 2017, SQM Potasio S.A. recognized the goodwill by the acquisition of 50 % of the joint venture Minera Exar S.A. in the amount ThUS$ 6,205 . On October 6, 2017, a capital contribution of ThUS$ 13,300 (ThARS 230,422.5 ) was made in mining company EXAR S.A., which is 50 % owned by the subsidiary SQM Potasio S.A. The functional currency of EXAR S.A. is the Argentine peso (ARS). This contribution had no impact on the Company's consolidated results. b) Operations conducted in 2016 On March 28, 2016, Sociedad Química y Minera de Chile S.A. agreed to enter into a joint venture with Lithium Americas Corp to develop the Cauchari-Olaroz lithium project in Argentina. SQM Potasio S.A. made a capital contribution of ThUS$ 25,000 in exchange for 50 % of the ownership of Minera Exar S.A. During May 2016, SQM Vitas Holland B.V. sold its interest in SQM Vitas Spain, to SQM Iberian S.A. This resulted in the latter entity gaining 100 % interest in this transaction, generating a loss of ThUS$ 104 .
| 12.3 | Investment in joint ventures accounted for under the equity method of accounting
|  |  |  |  |  | Country of |  | Share of interest |  | Dividends received |
Joint venture |  | Description of the nature of the relationship |  | Domicile |  | incorporation |  | in ownership |  | 12/31/2017 |  | 12/31/2016 |
|  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  | Production and distribution of soluble fertilizers. |  | Huangjing Road, Dawan Town, Qingbaijiang District, Chengdu Municipality, Sichuan Province |  | China |  | 50 | % | - |  | - |
Coromandel SQM India |  | Production and distribution of potassium nitrate. |  | 1-2-10, Sardar Patel Road, Secunderabad – 500003 Andhra Pradesh |  | India |  | 50 | % | - |  | - |
SQM Vitas Fzco. |  | Production and commercialization of specialty plant and animal nutrition and industrial hygiene. |  | Jebel ALI Free Zone P.O. Box 18222, Dubai |  | United Arab Emirates |  | 50 | % | - |  | - |
SQM Star Qingdao Corp Nutrition. Co. Ltd. |  | Production and distribution of nutrient plant solutions with specialties NPK soluble |  | Longquan Town, Jimo City, Qingdao Municipality, Shangdong Province |  | China |  | 50 | % | - |  | - |
SQM Vitas Holland B.V (1) |  | Without information |  | Herikerbergweg 238, 1101 CM Amsterdam Zuidoost |  | Holland |  | 50 | % | - |  | - |
Minera Exar S.A. |  | Exploration and exploitation of minerals, processing and trading of such minerals |  | Dr. Sabín 1082 Ciudad de Nieva – San Salvador de Jujuy- Jujuy- República Argentina |  | Argentina |  | 50 | % | - |  | - |
| (1) | During May 2016, SQM Vitas Holland B.V. sold its interest in SQM Vitas Spain, to SQM Iberian S.A. resulting in the latter obtaining 100% in this transaction generating a loss of ThUS$ 104.
The companies described in the following table are related to the following joint ventures:
| (1) | SQM Vitas Fzco.
| (2) | SQM Vitas Holland B.V.
|  |  |  | Domicile |  | Country of incorporation |  | Share of interest in ownership |  | Dividends received |
SQM Vitas Brazil Agroindustria (1) |  | Production and commercialization of specialty plant and animal nutrition and industrial hygiene. |  | Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. |  | Brazil |  | 49.99 | % | - |  | - |
SQM Vitas Peru S.A.C (1). |  | Production and commercialization of specialty plant and animal nutrition and industrial hygiene |  | Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima |  | Peru |  | 50 | % | - |  | - |
SQM Vitas Plantacote B.V.(2) |  | Production and commercialization of controlled-released fertilizers |  | Herikerbergweg 238, 1101 CM Amsterdam Zuidoost |  | Holland |  | 50 | % | - |  | - |
Joint Venture |  | Final reporting period date |  | Accounting method |
Sichuan SQM Migao Chemical Fertilizers Co Ltda. |  | December 31, 2017 |  | Equity method |
Coromandel SQM India |  | December 31, 2017 |  | Equity method |
SQM Vitas Fzco. |  | December 31, 2017 |  | Equity method |
SQM Star Qingdao Corp Nutrition Co., Ltd. |  | December 31, 2017 |  | Equity method |
SQM Vitas Brazil Agroindustria |  | December 31, 2017 |  | Equity method |
SQM Vitas Southern Africa Pty. |  | December 31, 2017 |  | Equity method |
SQM Vitas Perú S.A.C. |  | December 31, 2017 |  | Equity method |
SQM Vitas Holland B.V. |  | December 31, 2017 |  | Equity method |
SQM Vitas Plantacote B.V. |  | December 31, 2017 |  | Equity method |
Minera Exar S.A. |  | December 31, 2017 |  | Equity method |
Joint Venture |  | Equity-accounted investees |  | Share in profit (loss) of associates and joint ventures accounted for using the equity method |
|  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltd. |  |  | 11,444 |  |  | 12,150 |  |  | 13,257 |  |  | (535) |  |  | (1,372) |  |  | (845) |
Coromandel SQM India |  |  | 1,633 |  |  | 1,499 |  |  | 962 |  |  | 165 |  |  | 435 |  |  | 88 |
SQM Vitas Fzco, |  |  | 19,478 |  |  | 17,956 |  |  | 11,604 |  |  | 1,502 |  |  | 3,458 |  |  | 369 |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | 2,980 |  |  | 2,618 |  |  | 2,462 |  |  | 361 |  |  | 163 |  |  | 495 |
SQM Vitas Holland |  |  | 1,429 |  |  | 1,269 |  |  | 1,181 |  |  | (18) |  |  | 171 |  |  | (10) |
Minera Exar S.A. |  |  | 26,860 |  |  | 25,000 |  |  | - |  |  | (27) |  |  | - |  |  | - |
Total |  |  | 63,824 |  |  | 60,492 |  |  | 29,466 |  |  | 1,448 |  |  | 2,855 |  |  | 97 |
Joint Venture |  | Share on other comprehensive income of associates and joint ventures accounted for using the equity method, net of tax |  | Share on total other comprehensive income of associates and joint ventures accounted for using the equity method |
|  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltd. |  |  | - |  |  | - |  |  | (12) |  |  | (535) |  |  | (1,372) |  |  | (857) |
Coromandel SQM India |  |  | - |  |  | - |  |  | - |  |  | 165 |  |  | 435 |  |  | 88 |
SQM Vitas Fzco, |  |  | (5) |  |  | 449 |  |  | 9,686 |  |  | 1,497 |  |  | 3,907 |  |  | 10,055 |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | - |  |  | - |  |  | - |  |  | 361 |  |  | 163 |  |  | 495 |
SQM Vitas Holland |  |  | - |  |  | - |  |  | - |  |  | (18) |  |  | 171 |  |  | (11) |
Minera Exar S.A. |  |  | - |  |  |  |  |  |  |  |  | (27) |  |  | - |  |  |  |
Total |  |  | (5) |  |  | 449 |  |  | 9,674 |  |  | 1,443 |  |  | 3,304 |  |  | 9,770 |
Joint Venture |  | Equity-accounted investees |  | Share in profit (loss) of associates and joint ventures accounted for using the equity method |
|  | 12/31/2017 |  |  | 12/31/2016 |  |  | 12/31/2015 |  |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  | ThUS$ |  | ThUS$ |
SQM Vitas Brazil Agroindustria(1) |  |  | 11,003 |  |  | 9,343 |  |  | 3,722 |  |  | 1,753 |  |  | 4,570 |  |  | (72) |
SQM Vitas Peru S.A.C (1) |  |  | 5,961 |  |  | 5,964 |  |  | 5,061 |  |  | (216) |  |  | 815 |  |  | 786 |
SQM Vitas Plantacote B.V. (2) |  |  | 669 |  |  | 588 |  |  | 3,598 |  |  | (1) |  |  | 187 |  |  | 215 |
SQM Vitas Spain (2) |  |  | - |  |  | - |  |  | 1,182 |  |  | - |  |  | - |  |  | (251) |
Total |  |  | 17,633 |  |  | 15,895 |  |  | 13,563 |  |  | 1,536 |  |  | 5,572 |  |  | 678 |
Joint Venture |  | Share in other comprehensive income of associates and joint ventures accounted for using the equity method, net of tax |  | Share in total other comprehensive income of associates and joint ventures accounted for using the equity method |
|  | 12/31/2017 |  | 12/31/2016 |  |  | 12/31/2015 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |
|  | ThUS$ |  | ThUS$ |  |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
SQM Vitas Brazil Agroindustria(1) |  |  | (51) |  |  | 2,845 |  |  | - |  |  | 826 |  |  | 5,130 |  |  | (36) |
SQM Vitas Peru S.A.C (1) |  |  | - |  |  | - |  |  | - |  |  | (108) |  |  | 408 |  |  | 393 |
SQM Vitas Plantacote B.V. (2) |  |  | - |  |  | - |  |  | - |  |  | (1) |  |  | (80) |  |  | (125) |
SQM Vitas Spain (2) |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 109 |
Total |  |  | (51) |  |  | 2,845 |  |  | - |  |  | 717 |  |  | 5,458 |  |  | 341 |
The following companies are subsidiaries of
| (1) | SQM Vitas Fzco.
| (2) | SQM Vitas Holland
12.4 | Assets, liabilities, revenue and expenses from joint ventures:
|  | 12/31/2017 |
|  | Assets |  | Liabilities |  |  |  |  | Gain (loss) from continuing |  | Other comprehensive |  | Comprehensive |
Joint Venture |  | Current |  | Non-current |  |  | Current |  | Non-current |  | Revenue |  | operations |  | income |  | income |
|  | ThUS$ |  | ThUS$ |  |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  |  | 31,461 |  |  | 6,656 |  |  | 15,228 |  |  | - |  |  | 13,326 |  |  | (1,070) |  |  | - |  |  | (1,070) |
Coromandel SQM India |  |  | 6,659 |  |  | 862 |  |  | 4,205 |  |  | 53 |  |  | 10,381 |  |  | 332 |  |  | - |  |  | 332 |
SQM Vitas Fzco, |  |  | 23,699 |  |  | 17,479 |  |  | 2,221 |  |  | - |  |  | 15,518 |  |  | 3,003 |  |  | (9) |  |  | 2,994 |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | 6,941 |  |  | 171 |  |  | 1,152 |  |  | - |  |  | 12,631 |  |  | 721 |  |  | - |  |  | 721 |
SQM Vitas Brazil Agroindustria |  |  | 30,303 |  |  | 8,453 |  |  | 27,752 |  |  | - |  |  | 60,131 |  |  | 1,753 |  |  | (101) |  |  | 1,652 |
SQM Vitas Peru S.A.C |  |  | 20,933 |  |  | 8,534 |  |  | 17,380 |  |  | 6,126 |  |  | 35,299 |  |  | (216) |  |  | - |  |  | (216) |
SQM Vitas Holland B.V |  |  | 2,190 |  |  | 669 |  |  | - |  |  | - |  |  | - |  |  | (36) |  |  | - |  |  | (36) |
SQM Vitas Plantacote B.V. |  |  | 679 |  |  | - |  |  | 10 |  |  | - |  |  | - |  |  | (1) |  |  | - |  |  | (1) |
Minera Exar S.A. |  |  | 19,277 |  |  | 73,114 |  |  | 38,670 |  |  | - |  |  | - |  |  | (53) |  |  | - |  |  | (53) |
Total |  |  | 142,142 |  |  | 115,938 |  |  | 106,618 |  |  | 6,179 |  |  | 147,286 |  |  | 4,433 |  |  | (110) |  |  | 4,323 |
|  | 12/31/2016 |
|  | Assets |  | Liabilities |  |  |  |  | Gain (loss) from continuing |  | Other comprehensive |  | Comprehensive |
Joint Venture |  | Current |  | Non-current |  | Current |  | Non-current |  | Revenue |  | operations |  | income |  | Income |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  |  | 43,639 |  |  | 7,399 |  |  | 26,738 |  |  | - |  |  | 16,051 |  |  | (2,744) |  |  | - |  |  | (2,744) |
Coromandel SQM India |  |  | 4,485 |  |  | 847 |  |  | 2,334 |  |  | - |  |  | 8,034 |  |  | 870 |  |  | - |  |  | 870 |
SQM Vitas Fzco. |  |  | 20,896 |  |  | 16,395 |  |  | 1,380 |  |  | - |  |  | 16,210 |  |  | 6,916 |  |  | 897 |  |  | 7,813 |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | 5,733 |  |  | 203 |  |  | 697 |  |  | - |  |  | 7,553 |  |  | 325 |  |  | - |  |  | 325 |
SQM Vitas Brazil Agroindustria |  |  | 21,511 |  |  | 8,917 |  |  | 21,085 |  |  | - |  |  | 63,055 |  |  | 4,570 |  |  | 5,690 |  |  | 10,260 |
SQM Vitas Peru S.A.C |  |  | 23,598 |  |  | 8,931 |  |  | 20,333 |  |  | 6,231 |  |  | 36,926 |  |  | 815 |  |  | - |  |  | 815 |
SQM Vitas Holland B.V |  |  | 1,961 |  |  | 588 |  |  | 11 |  |  | - |  |  | - |  |  | 342 |  |  | - |  |  | 342 |
SQM Vitas Plantacote B.V. |  |  | 619 |  |  | - |  |  | 31 |  |  | - |  |  | - |  |  | (159) |  |  | - |  |  | (159) |
Total |  |  | 122,442 |  |  | 43,280 |  |  | 72,609 |  |  | 6,231 |  |  | 147,829 |  |  | 10,935 |  |  | 6,587 |  |  | 17,522 |
|  | 12/31/2015 |
|  | Assets |  | Liabilities |  |  |  |  | Gain (loss) from continuing |  | Other comprehensive |  | Comprehensive |
Joint Venture |  | Current |  | Non-current |  | Current |  | Non-current |  | Revenue |  | operations |  | income |  | income |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  |  | 56,053 |  |  | 8,023 |  |  | 37,563 |  |  | - |  |  | 65,929 |  |  | (1,689) |  |  | (24) |  |  | (1,713) |
Coromandel SQM India |  |  | 3,738 |  |  | 924 |  |  | 2,668 |  |  | 70 |  |  | 5,816 |  |  | 176 |  |  | - |  |  | 176 |
SQM Vitas Fzco. |  |  | 14,096 |  |  | 10,575 |  |  | 1,464 |  |  | - |  |  | 17,893 |  |  | 738 |  |  | 19,371 |  |  | 20,109 |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | 5,100 |  |  | 202 |  |  | 377 |  |  | - |  |  | 10,539 |  |  | 990 |  |  | - |  |  | 990 |
SQM Vitas Brazil Agroindustria |  |  | 32,449 |  |  | 6,638 |  |  | 35,365 |  |  | - |  |  | 67,870 |  |  | (72) |  |  | - |  |  | (72) |
SQM Vitas Peru S.A.C |  |  | 24,432 |  |  | 6,562 |  |  | 25,933 |  |  | - |  |  | 45,739 |  |  | 786 |  |  | - |  |  | 786 |
SQM Vitas Spain |  |  | 1,662 |  |  | 729 |  |  | 1,208 |  |  | - |  |  | 11,875 |  |  | 218 |  |  | - |  |  | 218 |
SQM Vitas Holland B.V |  |  | 428 |  |  | 1,955 |  |  | 18 |  |  | - |  |  | - |  |  | (21) |  |  | - |  |  | (21) |
SQM Vitas Plantacote B.V. |  |  | 802 |  |  | - |  |  | 30 |  |  | - |  |  | - |  |  | (250) |  |  | - |  |  | (250) |
Total |  |  | 138,760 |  |  | 35,608 |  |  | 104,626 |  |  | 70 |  |  | 225,661 |  |  | 876 |  |  | 19,347 |  |  | 20,223 |
12.5 | Other Joint Venture disclosures:
|  | Cash and cash equivalents |  | Other current financial liabilities |  | Other non-current financial liabilities |
|  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2017 |  | 12/31/2016 |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  |  | 6,198 |  |  | 4,097 |  |  | - |  |  | - |  |  | - |  |  | - |
Coromandel SQM India |  |  | 1,118 |  |  | 15 |  |  | - |  |  | 478 |  |  | - |  |  | - |
SQM Vitas Fzco, |  |  | 15,307 |  |  | 11,514 |  |  | - |  |  | - |  |  | - |  |  | - |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | 3,675 |  |  | 3,756 |  |  | - |  |  | - |  |  | - |  |  | - |
SQM Vitas Brazil Agroindustria |  |  | 5,139 |  |  | 2,168 |  |  | 7,342 |  |  | 8,718 |  |  | - |  |  | - |
SQM Vitas Peru S.A.C. |  |  | 687 |  |  | 958 |  |  | 2,215 |  |  | 3,834 |  |  | 1,372 |  |  | 1,781 |
SQM Vitas Holland B.V |  |  | 2,190 |  |  | 1,961 |  |  | - |  |  | - |  |  | - |  |  | - |
SQM Vitas Plantacote B.V |  |  | 679 |  |  | 615 |  |  | - |  |  | - |  |  | - |  |  | - |
Minera Exar S.A. |  |  | 9,189 |  |  | - |  |  | - |  |  | - |  |  | - |  |  |  |
Total |  |  | 44,182 |  |  | 25,084 |  |  | 9,557 |  |  | 13,030 |  |  | 1,372 |  |  | 1,781 |
|  | Depreciation and amortization expense |  | Interest expense |  | Income tax expense, continuing operations |
|  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |  | 12/31/2017 |  | 12/31/2016 |  | 12/31/2015 |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |
Sichuan SQM Migao Chemical Fertilizers Co. Ltda. |  |  | (696) |  |  | (691) |  |  | (687) |  |  | (25) |  |  | (433) |  |  | (241) |  |  | 303 |  |  | 200 |  |  | 233 |
Coromandel SQM India |  |  | - |  |  | - |  |  | (69) |  |  | (16) |  |  | (49) |  |  | (73) |  |  | (485) |  |  | (44) |  |  | (89) |
SQM Vitas Fzco. |  |  | (553) |  |  | (717) |  |  | (1,067) |  |  | (19) |  |  | (16) |  |  | (10) |  |  | - |  |  | - |  |  | - |
SQM Star Qingdao Corp. Nutrition Co. Ltd. |  |  | (68) |  |  | (64) |  |  | (66) |  |  | - |  |  | (1) |  |  | (2) |  |  | (174) |  |  | (195) |  |  | (378) |
SQM Vitas Brazil Agroindustria |  |  | (453) |  |  | (438) |  |  | (29) |  |  | (1,253) |  |  | (2,127) |  |  | (1,651) |  |  | (283) |  |  | (337) |  |  | (49) |
SQM Vitas Peru S.A.C. |  |  | (375) |  |  | (82) |  |  | (29) |  |  | (432) |  |  | (323) |  |  |  |  |  | (214) |  |  | (362) |  |  | (370) |
SQM Vitas Holland B.V |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (2) |  |  | - |  |  | - |  |  | - |
SQM Vitas Plantacote B.V |  |  | - |  |  | - |  |  | - |  |  | (1) |  |  | (1) |  |  |  |  |  | - |  |  | - |  |  | - |
Minera Exar S.A. |  |  | (523) |  |  | - |  |  | - |  |  | (32) |  |  | - |  |  | (3) |  |  | (620) |  |  | - |  |  | - |
SQM Vitas Spain |  |  | - |  |  | - |  |  | (116) |  |  | - |  |  | - |  |  | (4) |  |  | - |  |  | - |  |  | (73) |
Total |  |  | (2,668) |  |  | (1,992) |  |  | (2,063) |  |  | (1,778) |  |  | (2,950) |  |  | (1,986) |  |  | (1,473) |  |  | (738) |  |  | (726) |
The basis of preparation of the financial information of joint ventures corresponds to the amounts included in the financial statements in conformity with the entity’s IFRS.

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- Definition The disclosure of joint ventures. [Refer: Joint ventures [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_17_b&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_16_b&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph B4 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B4_b&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
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