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19. Provision for Asset Retirement Obligation - Fuel Tanks

12 Months Ended

Dec. 31, 2017

Provision For Asset Retirement Obligation - Fuel Tanks

Provision for Asset Retirement Obligation - Fuel Tanks

The provision corresponds to the legal obligation to remove Ipiranga’s underground fuel tanks located at Ipiranga-branded service stations after a certain use period (see Note 2.m).

Changes in the provision for asset retirement obligation are as follows:

	2017		2016		2015
Initial balance	77,564		74,716		70,802
Additions (new tanks)	537		483		625
Expense with tanks removed	(15,432)		(2,785)		(3,949)
Accretion expense	2,105		5,150		7,238
Final balance	64,774		77,564		74,716
Current	4,799		4,563		5,232
Non-current	59,975		73,001		69,484

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No definition available.

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- Definition

The disclosure of other provisions. [Refer: Other provisions]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 37
-IssueDate 2016-01-13
-Paragraph 84
-URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=37&date=2016-03-30&anchor=para_84&doctype=Standard
-URIDate 2016-03-31

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