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Equity (Tables)
 12 Months Ended
Dec. 31, 2017
Equity (Tables) [Abstract]  
Share capital

At December 31, 2017, all issued shares were fully paid. At December 31, 2017, the share capital, after retroactively reflecting the reverse share split, is represented by 262,288,607 common shares, with no par value. Share capital is composed of the following shares:

 

December 31, 2015 shares outstanding (1)

  

 

220,808,044

 

  

 

 

 

Capitalization of control party related party payable (2)

  

 

13,305,204

 

Issuance of shares to UOL for transfer of Net+Phone and Boa Compra (3)

  

 

28,175,359

 

  

 

 

 

December 31, 2016 shares outstanding

  

 

262,288,607

 

  

 

 

 

December 31, 2017 shares outstanding

  

 

262,288,607

 

  

 

 

 
Dividends - Pagseguro

PagSeguro Brazil bylaws establish that profit for the year and interest on own capital should be allocated, in full or in part, to the constitution of reserves. Presented below are the dividends distributed by each entity consolidated in these financial statements other than Net+Phone and BIVA which recorded accumulated losses in all periods presented:

 

 

  

December 31,

 

PagSeguro Brazil

  

2017

 

 

2016

 

 

2015

 

Net income for the year

  

 

478,781

 

 

 

115,727

 

 

 

37,010

 

Net investment

  

 

-  

 

 

 

-  

 

 

 

(27,209

) 

  

 

 

 

 

 

 

 

 

 

 

 

Net income

  

 

478,781

 

 

 

115,727

 

 

 

9,801

 

  

 

 

 

 

 

 

 

 

 

 

 

Transfer to legal reserve (5%)

  

 

(23,939

) 

 

 

(5,786

) 

 

 

(490

) 

  

 

 

 

 

 

 

 

 

 

 

 

Adjusted income for the year

  

 

454,842

 

 

 

109,941

 

 

 

9,311

 

  

 

 

 

 

 

 

 

 

 

 

 

Mandatory minimum dividends (1%)

  

 

4,548

 

 

 

-  

 

 

 

93

 

Additional dividends proposed (ii)

  

 

234,255

 

 

 

-  

 

 

 

-  

 

  

 

 

 

 

 

 

 

 

 

 

 

Total dividends distributed

  

 

238,803

 

 

 

-  

 

 

 

93

 

  

 

 

 

 

 

 

 

 

 

 

 

Interest on own capital (i)

  

 

-  

 

 

 

26,059

 

 

 

-  

 

  

 

 

 

 

 

 

 

 

 

 

 

Number of common shares

  

 

262,289

 

 

 

262,289

 

 

 

220,808

 

Dividends per share (in reais)

  

 

0.9105

 

 

 

0.0000

 

 

 

0.0004

 

  

 

 

 

 

 

 

 

 

 

 

 

Interest on own capital

  

 

0.0000

 

 

 

0.0994

 

 

 

0.0000

 

  

 

 

 

 

 

 

 

 

 

 

 
Dividends - Boa Compra

 

  

December 31,

 

Boa Compra

  

2017

 

  

2016

 

  

2015

 

Net income for the year

  

 

5,715

 

  

 

4,858

 

  

 

1,625

 

Transfer to legal reserve (5%) *

  

 

-  

 

  

 

-  

 

  

 

-  

 

  

 

 

 

  

 

 

 

  

 

 

 

Adjusted income for the year

  

 

5,715

 

  

 

4,858

 

  

 

1,625

 

  

 

 

 

  

 

 

 

  

 

 

 

Mandatory minimum dividends (1%)

  

 

-  

 

  

 

-  

 

  

 

16

 

Additional dividends proposed

  

 

-  

 

  

 

-  

 

  

 

65

 

  

 

 

 

  

 

 

 

  

 

 

 

Total dividends distributed

  

 

-  

 

  

 

-  

 

  

 

81

 

  

 

 

 

  

 

 

 

  

 

 

 

Number of common shares

  

 

5,381,317

 

  

 

5,381,317

 

  

 

198,557

 

Dividends per share (in reais)

  

 

0,0000

 

  

 

0,0000

 

  

 

0,4079