Loans and financing (Tables)

12 Months Ended

Dec. 31, 2018


	Currency		Contractual interest rate - %		Effective interest rate - %		Maturity		12.31.2018		12.31.2017
Other currencies:
				5.05% to 6.38%		5.05% to 7.42%		2027 (i)		2,941.8		2,934.1
				0.63% to 5.37%		0.63% to 5.37%		2021		124.1		220.6
Working capital		US$		Libor 6M + 1.35% to 2.60%		Libor 6M + 1.35% to 2.60%		2027		219.8		119.1
				Libor 3M + 2.25%		Libor 3M + 2.25%		2026		—		220.20
		Euro		1.00% to 3.37%		1.00% to 3.37%		2026		19.6		14.0
Advances on foreign exchange contracts		US$		4.65%		4.65%		2018		—		3.1
				1.04% to 1.10%		1.04% to 1.10%		2035
Property, plant and equipment		US$		Libor 1M + 2.44% to 2.50%		Libor 1M + 2.44% to 2.50%		2037		55.8		58.1

										3,361.1		3,569.2

In local currency:				3.50% to 4.50%		3.50% to 4.50%		2023

Project development		R$		TJLP + 1.92% to 5.00%		TJLP + 1.92% to 5.00%		2022		248.0		396.0

Export Credit Note		R$		10.85% a 11.00%		10.85% a 11.00%		2019		38.5		233.1

										286.5		629.1

Total										3,647.6		4,198.3

Current portion										179.3		388.9
Non-current portion										3,468.4		3,809.6

(i)

Bonus Issue Guaranteed - Bonds

As of December 31, 2018, the movement and maturities of the long-term financing agreements are as follows:

As of December 31, 2018, the maturity schedules of the long-term financing are: