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SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES (Details) R$ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 BRL (R$) shares | Dec. 31, 2017
Hyperinflation |  |
Effects of application of IAS 29, recognized in equity, net of tax | R$ 507,887 |
Dividends |  |
Minimum annual mandatory dividend (as a percent) | 30.00% |
Legal reserve, as a percent of net income | 5.00% |
Dilutive effect of instruments on EPS |  |
Antidilutive shares excluded from calculation of diluted EPS | shares | 0 |
Subsidiaries in Argentina |  |
Hyperinflation |  |
Effects of application of IAS 29, recognized in equity, net of tax | R$ 507,887 |
Effects of application of IAS 29, recognized in financial results | (38,105) |
Effects to net income of application of IAS 29 | R$ (29,455) |
Venezuelan Bolivar Forte |  |
Hyperinflation |  |
Foreign Currency Hyperinflation Exchange Rate | 164.70 | 1,011.19

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