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Intangible assets (Tables)
12 Months Ended
Dec. 31, 2017
Intangible assets (Tables) [Abstract]  
Intangible assets are composed as follows

(a)           Intangible assets are composed as follows: 

 

  

December 31, 2017

 

 

  

Cost

 

  

Accumulated
amortization

 

 

Net

 

Expenditures related to software and technology (i)

  

 

241,490

 

  

 

(115,665

 

 

125,825

 

Software licenses

  

 

9,510

 

  

 

(2,043

 

 

7,467

 

Customer relationships

  

 

1,981

 

  

 

(91

 

 

1,890

 

Goodwill (ii)

  

 

23,686

 

  

 

-  

 

 

 

23,686

 

  

 

 

 

  

 

 

 

 

 

 

 

  

 

276,667

 

  

 

(117,799

 

 

158,868

 

  

 

 

 

  

 

 

 

 

 

 

 

 

  

 

December 31, 2016

 

 

  

Cost

 

  

Accumulated
amortization

 

 

Net

 

Expenditures related to software and technology (i)

  

 

143,989

 

  

 

(61,858

 

 

82,131

 

Software licenses

  

 

5,393

 

  

 

(1,416

 

 

3,977

 

  

 

 

 

  

 

 

 

 

 

 

 

  

 

149,382

 

  

 

(63,274

 

 

86,108

 

  

 

 

 

  

 

 

 

 

 

 

 

The changes in cost and accumulated amortization were as follows

(b)

The changes in cost and accumulated amortization were as follows:

 

 

  

Expenditures with
software and
technology (i)

 

 

Software
licenses

 

 

Customer
relationships

 

 

Goodwill (ii)

 

 

Total

 

At December 31, 2016

  

 

 

 

 

Cost

  

 

143,989

 

 

 

5,393

 

 

 

-  

 

 

 

-  

 

 

 

149,382

 

Accumulated amortization

  

 

(61,858

 

 

(1,416

 

 

-  

 

 

 

-  

 

 

 

(63,274

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value

  

 

82,131

 

 

 

3,977

 

 

 

-  

 

 

 

-  

 

 

 

86,108

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2017

  

 

 

 

 

Opening balance

  

 

82,131

 

 

 

3,977

 

 

 

-  

 

 

 

-  

 

 

 

86,108

 

Cost

  

 

 

 

 

Additions

  

 

97,491

 

 

 

1,210

 

 

 

971

 

 

 

26,184

 

 

 

125,856

 

Acquisition of subsidiary

  

 

10

 

 

 

1,419

 

 

 

-  

 

 

 

-  

 

 

 

1,429

 

Transfer

  

 

-  

 

 

 

1,488

 

 

 

1,010

 

 

 

(2,498

 

 

-  

 

Amortization

  

 

 

 

 

Amortization

  

 

(53,807

 

 

(627

 

 

(91

 

 

-  

 

 

 

(54,526

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value

  

 

125,825

 

 

 

7,467

 

 

 

1,890

 

 

 

23,686

 

 

 

158,868

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2017

  

 

 

 

 

Cost

  

 

241,490

 

 

 

9,510

 

 

 

1,981

 

 

 

23,686

 

 

 

276,667

 

Accumulated amortization

  

 

(115,665

 

 

(2,043

 

 

(91

 

 

-  

 

 

 

(117,799

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value

  

 

125,825

 

 

 

7,467

 

 

 

1,890

 

 

 

23,686

 

 

 

158,868