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Accounting practices adopted (Tables)

12 Months Ended

Dec. 31, 2018

Accounting practices adopted

Schedule of change in assets and liabilities due to adoption of leases

		Present value of
Asset		liabilities (a)			Discount rate (b)
Land		R$	990,928		5.78	%
Property		R$	18,452		5.78	%
Machine and Equipment		R$	103,235		5.13	%
Total		R$	1,112,615

(a) Net tax liability

(b) To determine the discount rates, quotes were obtained from financial institutions for contracts with characteristics and average terms similar to the lease agreements.

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- Definition

The disclosure of the known or reasonably estimable information relevant to assessing the possible impact that the application of a new IFRS, that has been issued but is not yet effective, will have.

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-URIDate 2018-03-16

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- References

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