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3. SALE OF FOREIGN SUBSIDIARY (Details 1) - BRL (R$) R$ in Thousands | Dec. 31, 2018 | Jun. 30, 2018 | Dec. 31, 2017 | Jun. 30, 2017 | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | --- | --- | --- | --- | ---
ASSETS |  |  |  |  |  |
Current Assets | R$ 12,014,483 |  | R$ 11,881,496 |  |  |
Cash and cash equivalents | 2,248,004 |  | 3,411,572 |  | R$ 4,871,162 | R$ 7,861,052
Trade Receivable | 2,078,182 |  | 2,197,078 |  |  |
Inventory | 5,039,560 |  | 4,464,419 |  |  |
Non-current assets | 35,313,041 |  | 33,328,474 |  |  |
Property, plant and equipment | 18,046,864 |  | 17,964,839 |  | 18,135,879 |
TOTAL ASSETS | 47,327,524 |  | 45,209,970 |  |  |
LIABILITIES |  |  |  |  |  |
Current Liabilities | 11,438,552 |  | 10,670,050 |  |  |
Tax payables | 251,746 |  | 264,097 |  |  |
Non-current liabilities | 25,875,532 |  | 26,251,691 |  |  |
Borrowings and Financing | 5,019,978 |  |  |  |  |
Shareholders' equity (disposal) | R$ 10,013,440 |  | 8,288,229 |  | 7,384,521 | R$ 7,091,288
LLC |  |  |  |  |  |
ASSETS |  |  |  |  |  |
Current Assets |  | R$ 418,014 |  |  |  |
Cash and cash equivalents |  | 760,000 | R$ 33,930 | R$ 38,860 | R$ 112,428 |
Trade Receivable |  | 114,266 |  |  |  |
Inventory |  | 299,373 |  |  |  |
Other current assets |  | 3,615 |  |  |  |
Non-current assets |  | 191,431 |  |  |  |
Other non-current assets |  | 205 |  |  |  |
Property, plant and equipment |  | 191,226 |  |  |  |
TOTAL ASSETS |  | 609,445 |  |  |  |
LIABILITIES |  |  |  |  |  |
Current Liabilities |  | 89,810 |  |  |  |
Borrowings and Financing |  | 5,446 |  |  |  |
Social and Labor obligations |  | 5,526 |  |  |  |
Trade payables |  | 76,400 |  |  |  |
Tax payables |  | 1,398 |  |  |  |
Other payables |  | 1,040 |  |  |  |
Non-current liabilities |  | 5,098 |  |  |  |
Borrowings and Financing |  | 5,098 |  |  |  |
Shareholders' equity (disposal) |  | 514,537 |  |  |  |
TOTAL LIABILITIES |  | R$ 609,445 |  |  |  |

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