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18. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2017

Related-party Balances And Transactions Tables

Transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - assets and liabilities

·

By transaction – Assets and Liabilities

	Consolidated
		Current				Non-Current				Total
		12/31/2017		12/31/2016		12/31/2017		12/31/2016		12/31/2017		12/31/2016
Assets
Trade receivables ^{(note 5)}		115,388		129,837						115,388		129,837
Dividends receivable ^{(note 5)}		41,528		37,679						41,528		37,679
Actuarial asset ^{(note 7)}						111,281		119,854		111,281		119,854
Short-term investments/Investments		53		315,319						53		315,319
Loans ^{(note 7)}		2,441				554,694		479,960		557,135		479,960
Other receivables ^{(note 7)}		3,577		5,768		30,770		32,020		34,347		37,788
		162,987		488,603		696,745		631,834		859,732		1,120,437
Liabilities
Other payables ^{(Note 13)}
Accounts payable		57,008		10,927						57,008		10,927
Trade payables		81,063		50,623						81,063		50,623
Actuarial liabilities						41,937		28,004		41,937		28,004
		138,071		61,550		41,937		28,004		180,008		89,554

Transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - statement of income

By transaction – Statement of Income

		12/31/2017		12/31/2016		12/31/2015
Revenues
Sales		880,145		878,992		725,285
Interest ^{(Note 24)}		61,549		60,964		65,084
Expenses
Purchases		(1,176,930)		(1,099,851)		(1,103,428)
Interest ^{(Note 24)}				(3,185)		(1,333)
Foreign exchange and monetary variation, net				(18,398)
		(235,236)		(181,478)		(314,392)

Transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by company - assets and liabilities

											Consolidated
			Assets						Liabilities
	Current		Non-current		Total		Current		Non-current		Total

Joint-venture and Joint-operation
Itá Energética S.A.							2,741				2,741
MRS Logística S.A.	40,828				40,828		100,749				100,749
CBSI - Companhia Brasileira de Serviços e	714				714		23,874				23,874
Infraestrutura
Transnordestina Logística S.A (1)	248		554,694		554,942		3,245				3,245
	41,790		554,694		596,484		130,609				130,609
Other related parties
CBS Previdência			111,281		111,281				41,937		41,937
Fundação CSN	1,829				1,829		518				518
Banco Fibra ⁽²⁾	53				53
Usiminas							410				410
Panatlântica ⁽³⁾	109,565		1,750		111,315		6,534				6,534
Ibis Participações e Serviços
Partifib Projetos Imobiliários	100				100
Vicunha Imóveis Ltda.
Vicunha Serviços Ltda.
	111,547		113,031		224,578		7,462		41,937		49,399
Associates
Arvedi Metalfer do Brasil S.A.	9,650		29,020		38,670
Total at 12/31/2017	162,987		696,745		859,732		138,071		41,937		180,008
Total at 12/31/2016	488,603		631,834		1,120,437		61,550		28,004		89,554

Transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by company - statement of income

								12/31/2017										12/31/2016								12/31/2015
		Sales		Purchases		Finance income and costs, net		Total		Sales		Purchases		Finance income and costs, net		Foreign exchange and monetary variation, net		Total		Sales		Purchases		Finance income and costs, net		Total
Joint ventures and Joint Operation
Nacional Minérios S,A, (2)																				113,563		(198,378)		6,424		(78,391)
Itá Energética S.A				(32,275)				(32,275)				(32,363)						(32,363)
MRS Logística S,A,				(934,279)				(934,279)				(903,030)						(903,030)				(725,710)				(725,710)
CBSI - Companhia Brasileira de Serviços e Infraestrutura		55		(150,758)				(150,703)		18		(138,374)						(138,356)		48		(166,945)				(166,897)
Transnordestina Logística S,A (3)		2,549		(7,916)		53,261		47,894		5,039		(8,505)		55,758				52,292						23,380		23,380
		2,604		(1,125,228)		53,261		(1,069,363)		5,057		(1,082,272)		55,758				(1,021,457)		113,611		(1,091,033)		29,804		(947,618)
Other related parties
CBS Previdência
Fundação CSN		13		(1,118)				(1,105)				(4,045)						(4,045)				(2,152)		3		(2,149)
Banco Fibra (2)						6,290		6,290						(844)		(18,398)		(19,242)						15,592		15,592
Usiminas				(427)				(427)		17,027		(6,026)						11,001		12,289		(1,230)				11,059
Panatlântica (3)		872,047		(43,949)				828,098		779,503								779,503		597,998						597,998
Ibis Participações e Serviços				(5,915)				(5,915)		47		(7,370)						(7,323)				(4,324)				(4,324)
Taquari Participações S,A																						(130)				(130)
Partfib Projetos Imobiliários		2,821						2,821		3,082								3,082
Vicunha Imóveis Ltda.				(232)				(232)
Vicunha Serviços Ltda.				(61)				(61)
		874,881		(51,702)		6,290		829,469		799,659		(17,441)		(844)		(18,398)		762,976		610,287		(7,836)		15,595		618,046
Associates
Arvedi Metalfer do Brasil S,A,		2,660				1,998		4,658		31,026				2,995				34,021		1,387				2,465		3,852

Discontinued Operation
Cia Metalic Nordeste										43,250		(138)		(130)				42,982		61,684		(951)				60,733
Total		880,145		(1,176,930)		61,549		(235,236)		878,992		(1,099,851)		57,779		(18,398)		(181,478)		786,969		(1,099,820)		47,864		(264,987)

(1) Transnordestina Logística S.A: Assets: Refers mainly to contracts in R$: interest equivalent to 102.0% and 115.0% of CDI. On December 31, 2017, the borrowings carrying amounts totaled to R$507,009 (R$459,762 as of December 31, 2016).
(2) Banco Fibra S.A: Assets: Refers to financial investments in CDB and Time deposit – at market rate
(3) Panatlantica:Receivables from the sale of steel products.

Key management personnel compensation

The following is information on the compensation of such personnel and the related balances as of December 31, 2017.

		12/31/2017		12/31/2016		12/31/2015
		Statement of Income
Short-term benefits for employees and officers		39,721		71,852		47,578
Post-employment benefits		110		306		311
		39,831		72,158		47,889