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Provision for contingencies
3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Text block1 [abstract]    
Provision for contingencies
15. Provision for contingencies

Some companies of PagSeguro Group are party to labor and civil litigation in progress and are discussing such matters at the administrative and judicial levels, which, when applicable, are supported by judicial deposits. The provisions for probable losses arising from these matters are estimated and periodically adjusted by management, supported by the opinion of its external legal advisors.

 

     March 31, 2018      December 31, 2017  

Civil

     4,895        4,326  

Labor

     318        322  
  

 

 

    

 

 

 

Current

     5,213        4,648  
  

 

 

    

 

 

 

PagSeguro Group is a party on tax lawsuits involving risks classified by legal advisors as possible losses, for which no provision was recognized at March 31, 2018, totaling approximately R$22,160 (December 31, 2017—R$ 25,800). PagSeguro Group is not a party to civil and labor lawsuits involving risks classified by management as possible losses.

17. Provision for contingencies

Some companies of PagSeguro Group are party to labor and civil litigation in progress and are discussing such matters at the administrative and judicial levels, which, when applicable, are supported by judicial deposits. The provisions for probable losses arising from these matters are estimated and periodically adjusted by management, supported by the opinion of its external legal advisors.

 

     December 31,  
         2017              2016      

Civil

     4,326        555  

Labor

     322        125  
  

 

 

    

 

 

 

Current

     4,648        680  
  

 

 

    

 

 

 

PagSeguro Group is a party on tax lawsuits involving risks classified by legal advisors as possible losses of approximately R$25,800 and R$29,726, for the years ended in December 31, 2016 and 2017, respectively. PagSeguro Group is not party on civil and labor lawsuits classified by management as possible losses.