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27. Other Operating Income, Net
12 Months Ended
Dec. 31, 2017
Other Operating Income Net  
Other Operating Income, Net

 

    2017   2016   2015
             
  Commercial partnerships (1) 52,731   59,761   50,763
  Merchandising (2) 53,870   38,851   29,158
  Loyalty program (3) 26,419   19,411   22,455
        Ultracargo – fire accident in Santos (4) (39,080)   76,443   (92,192)
  Reversal of provision – ICMS from PIS and COFINS tax bases (see Note 20.a.1.2) 49,152   -   -
  TCC – Cia. Ultragaz e Bahiana (5) (85,819)   -   -
  Compensation of undue use of Ultratecno brand -   -   16,000
  Adjustment of working capital and net debt – Extrafarma acquisition (6) -   -   13,784
  Others 2,087   4,506   10,616
             
Other operating income, net 59,360   198,972   50,584
             

 

(1) Refers to contracts with service providers and suppliers which establish trade agreements for convenience stores and gas stations.

 

(2) Refers to contracts with suppliers of convenience stores, which establish, among other agreements, promotional campaigns.

 

(3) Refers to sales of “Km de Vantagens” to partners of the loyalty program. Revenue is recognized at the time that the partners transfer the points to their customers.

 

(4) For more information about the fire accident in Ultracargo, see Note 33.

 

(5) For more information about the Cessation Commitment Agreement of the subsidiaries Cia. Ultragaz and Bahiana, see Notes 20.b.2.2 and 28.

 

(6) For further information on Extrafarma’s acquisition, see Note 3.a. to the financial statements of the Company filed on February 17, 2016.