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8. INVESTMENTS (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Investments Details 2
Investments in associates and joint controlled entities, beginning	R$ 4,568,451	R$ 3,998,239
Capital increase/acquisition of shares	20,579	190,651
Dividends	(79,189)	(36,765)
Comprehensive income	850,640	713,442
Equity in results of affiliated companies	147,800	108,031
Amortization of fair value - investment in MRS	(11,746)	(11,746)
Amortization of fair value - investment in CGPAR		(3,940)
Impairment of the Fair Value of Transnordestina		(387,989)
Others	3,460	(1,472)
Investments in associates and joint controlled entities, ending	R$ 5,499,995	R$ 4,568,451

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The cash inflow representing dividends received from investments that are accounted for using the equity method, classified as investing activities. [Refer: Investments accounted for using equity method; Dividends received]

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The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries]

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The amount of other comprehensive income, before tax, related to gains (losses) from changes in the fair value of investments in equity instruments that the entity has designated at fair value through other comprehensive income. [Refer: Other comprehensive income, before tax]

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