Equity (Tables)

12 Months Ended

Dec. 31, 2019

Summary Of Issuances And Conversions Of Shares

Below is a summary of the issuances and conversions of shares during 2019, 2018 and 2017, after giving effect to the share split mentioned before:


	Class A (prior common shares)			Class B (prior preferred shares)			Total Shares
As of January 1, 2017		325,011,655			159,906,862			484,918,517
Transfer of classes		(49,011,642	)		49,011,642			—

As of December 31, 2017		276,000,013			208,918,504			484,918,517
Issued for cash		—			24,328,617			24,328,617
Transfer of classes		(20,867,198	)		20,867,198			—

As of December 31, 2018		255,132,815			254,114,319			509,247,134
Corporate reorganization		30,807,911			(30,807,911	)		—
Transfer of classes		25,687,428			(25,687,428	)		—
Initial public offering		42,553,192			—			42,553,192

As of December 31, 2019		354,181,346			197,618,980			551,800,326

Summary Of Dividends Distribution

The proposal and payment of dividends recorded in the Company’s financial statements, subject to the approval of the shareholders in General Meetings, is detailed below:


	2019			2018			2017
Net income		1,089,485			465,330			423,541

Total dividends		500,000			200,000			314,998

At January 1		—			125,000			—
Amount recognized in the year		500,000			200,000			314,998
Dividends paid in the year		(500,000	)		(325,000	)		(189,998	)

At December 31		—			—			125,000