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Equity (Tables) | 3 Months Ended | 12 Months Ended
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Mar. 31, 2018 | Dec. 31, 2017
Text block1 [abstract] |  |
Share capital | Share capital is composed of the following shares for the three-month periods ended March 31, 2018 and year ended December 31, 2017:
December 31, 2017 shares outstanding |  |  | 262,288,607 |
New shares were offered in PaSeguro Digital IPO process (i) |  |  | 50,925,642 |
Shares issued related to the LTIP (i) |  |  | 1,823,727 |
March 31, 2018 shares outstanding |  |  | 315,037,976 |
(i) | During the year 2018, shares of PagSeguro Digital were issued as a result of the initial public offering and long-term incentive plan, see details in note 1.1, and note 1.2 and 17 (c).
| 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 |
PagSeguro Brazil has reflected in its statement of changes in shareholders’ equity the issuance of shares during the periods that such shares were issued. For earnings per share purposes, PagSeguro Brazil has considered 262,288,607 as outstanding during each of the years ended December 31, 2017 and 2016, as shares in (1), (2) and (3) above were issued to UOL, the control party, as part of the recapitalization.
(1) | The shareholder UOL increased PagSeguro Brazil share capital on August 1, 2015 by the amount of R$ 329,961 (164,980,523 shares) and on December 30, 2015, by the amount of R$ 69,087 (34,543,522 shares), in the total amount of R$ 399,048, through the transfer of assets and liabilities related to payment operations which had been previously recorded in UOL, thus centralizing these activities in PagSeguro Brazil from thereon, resulting in total shares outstanding at December 31, 2015 of 220,808,044;
(2) | On May 31 2016, UOL capitalized balances of related parties as a capital contribution in the amount of R$ 26,610 (13,305,204 shares);
(3) | On May 31 2016, UOL capitalized balances of related parties as a capital contribution in the amount of R$ 36,654 (18,327,103 shares) in Net+Phone. After that, as described in Note 2, in July 2016, UOL transferred its investment in Boa Compra and Net+Phone to PagSeguro Brazil, as a capital contribution in the amount of R$ 56,351 (28,175,359 shares).
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 |
(i) | The distribution of interest on own capital was approved in the shareholders’ meeting held on December 30, 2016.
(ii) | At the Extraordinary General Shareholders Meeting held on September 29, 2017, PagSeguro Brazil’s shareholders approved the distribution of (i) R$142,795 of dividends related to the six-month period ended June 30, 2017 and (ii) R$96,008 in additional dividends related to the year ended December 31, 2016. The total dividends distributed amounted to R$238,803, of which R$184,530 was offset against receivables under the centralized cash management with UOL and the balance of R$54,272 was paid in cash by PagSeguro Brazil to UOL. For further details, see Note 9.
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 |
* | Allocation to legal reserve was not required because the legal reserve reached the limit of 20% of share capital.

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