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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - BRL (R$) R$ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) |  |  |
Net income (loss) for the year | R$ 1,216,887 | R$ 2,326,382 | R$ (338,667)
Items that may be reclassified subsequently to profit or loss |  |  |
Other comprehensive income from associates and joint ventures | 55,038 | 125,719 | (16,745)
Cumulative translation adjustment | 682,451 | 2,399,725 | 409,280
Recycling of cumulative translation adjustment to net income |  | (811,276) | (76,430)
Unrealized Losses on net investment hedge | (322,948) | (1,491,534) | (148,560)
Cash flow hedges |  |  |
Unrealized Gains (Losses) on Financial Instruments, net of tax | 3,502 | 11,947 | (11,364)
Total items that may be reclassified subsequently to profit or loss | 418,043 | 234,581 | 156,181
Items that will not be reclassified subsequently to profit or loss |  |  |
Remeasurement of defined benefit pension plan, net of tax | (45,561) | 152,345 | (115,880)
Total items that will not be reclassified subsequently to profit or loss | (45,561) | 152,345 | (115,880)
Other comprehensive income, net of tax | 372,482 | 386,926 | 40,301
Total comprehensive income (loss) for the year, net of tax | 1,589,369 | 2,713,308 | (298,366)
Total comprehensive income/(loss) attributable to: |  |  |
Owners of the parent | 1,565,581 | 2,668,728 | (325,260)
Non-controlling interests | 23,788 | 44,580 | 26,894
Total comprehensive income (loss) for the year, net of tax | R$ 1,589,369 | R$ 2,713,308 | R$ (298,366)

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