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Consolidated statements of cash flows - BRL (R$)
R$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES          
Profit before income taxes R$ 163,000 R$ 82,177 R$ 683,504 R$ 155,359 R$ 40,315
Expenses (revenues) not affecting cash:          
Depreciation and amortization 18,007 10,762 51,571 31,246 18,933
Loss of fixed assets sold     49 0 0
Chargebacks 14,438 17,434 47,854 31,557 27,490
Accrual/(reversal) of provision for contingencies 725 272 3,538 603 (2,134)
Share based long term incentive plan (LTIP) 130,303 0      
Unrealized loss on derivative instruments     0 6,613 0
Provision of obsolescence loss (1,686) 0      
Other financial cost, net 274 3,446 660 5,549 (3,902)
Changes in operating assets and liabilities          
Note receivables (1,449,214) (229,126) (2,060,875) (783,954) (552,984)
Changes in receivables subject to early payment (1,137,210) 150,113      
Changes in receivables not subject to early payment (312,004) (379,239)      
Inventories 1,693 (13,365) (40,586) 20,181 (25,090)
Taxes recoverable (2,700) (15,942) 8,055 8,579 4,760
Other receivables 3,948 (351) (23,495) 17,214 (16,912)
Other payables 7,193 3,015 (2,046) 13,491 (2,222)
Payables to third parties (105,272) 138,716 1,776,538 620,940 313,958
Trade payables 25,633 31,011 29,531 25,430 31,836
Receivables from (payables to) related parties 129,643 (47,440) (64,400) (214,549) 121,467
Salaries and social charges (8,077) (3,710) 13,341 6,618 13,275
Taxes and contributions 19,350 23,982 (3,109) 3,867 150
Provision for contingencies (331) (1) 486 (42) 0
Net Changes in operating assets and liabilities (1,053,073) 880 420,616 (51,298) (31,061)
Income tax and social contribution paid (34,806) (156) (166,389) (18,059) (2,690)
Interest income received 73,804 56,111 208,563 146,346 81,349
Interest paid   (9,174) (9,175) 0 0
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (1,014,075) 47,662 453,615 76,989 47,598
CASH FLOWS FROM INVESTING ACTIVITIES          
Amounts paid for business acquisitions, net of cash acquired     (22,225) 0 0
Purchases of property and equipment (976) (52) (7,873) (1,996) (3,219)
Purchases and development of intangible assets (29,695) (21,266) (99,673) (70,394) (38,880)
Acquisition of financial investments     (209,569) (337,098) 0
Redemption of financial investments 211,116 113,742 132,107 206,190 190
NET CASH PROVIDED BY INVESTING ACTIVITIES 180,445 92,424 (207,233) (203,298) (41,909)
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from borrowings     0 199,390 0
Payment of borrowings 0 (199,480) (199,480) 0 0
Payment of derivative financial instruments 0 (5,831) (5,831) 0 0
Proceeds from offering of shares 3,444,875        
Distribution of dividends     (54,273) 0 0
Transactional costs (147,972) 0      
Transaction with non-controlling interest (4,650) 0      
Capital increase by non-controlling shareholders 20,000 0      
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 3,312,253 (205,311) (259,584) 199,390 0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,478,622 (65,225) (13,202) 73,081 5,689
Cash and cash equivalents at the beginning of the period 66,767 79,969 79,969 6,888 1,199
Cash and cash equivalents at the end of the period R$ 2,545,389 R$ 14,744 R$ 66,767 R$ 79,969 R$ 6,888