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29. Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share Tables  
Basic and diluted earnings per share
Basic Earnings per Share 2017   2016   2015
           
Net income for the year of the Company 1,574,306   1,561,585   1,503,466
Weighted average shares outstanding (in thousands) 541,813   541,391   543,775
Basic earnings per share –R$ 2.9056   2.8844   2.7649
           
Diluted Earnings per Share 2017   2016   2015
           
Net income for the year of the Company 1,574,306   1,561,585   1,503,466
Weighted average shares outstanding (in thousands), including
deferred stock plan and subscription warrants - indemnification
545,740   545,509   548,054
Diluted earnings per share –R$ 2.8847   2.8626   2.7433

 

Weighted average shares outstanding
           
Weighted Average Shares Outstanding (in thousands) 2017   2016   2015
           
Weighted average shares outstanding for basic per share calculation 541,813   541,391   543,775
Dilution effect          
 Subscription warrants - indemnification 2,395   2,267   2,161
 Deferred Stock Plan 1,532   1,851   2,118
Weighted average shares outstanding for diluted per share calculation 545,740   545,509   548,054