2.0.0.10 false Note 6 - Accounts Receivable 00905 - Disclosure - Note 6 - Accounts Receivable true false false false 1 usd $ false false Dollars Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 2 Notes to Financial Statements [Abstract] 0 pbra_NotesToFinancialStatementsAbstract pbra false na duration string No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false No definition available. false 3 Note 6 - Accounts Receivable, Net 1 us-gaap_ReceivablesPolicyTextBlock us-gaap true na duration string No definition available. false false false false false false false false false false false false 1 false false false false 0 0 6.   Accounts Receivable, Net Accounts receivable, net consisted of the following: <table style="WIDTH: 100%; FONT-FAMILY: ''''''''''''''Times New Roman''''''''''''''; FONT-SIZE: 9pt" border="0" cellspacing="0"> <tr> <td></td> <td width="1%"></td> <td width="11%"></td> <td width="1%"></td> <td width="11%"></td> <td width="1%"></td> <td width="11%"></td> </tr> <tr valign="bottom"> <td align="left"> </td> <td></td> <td></td> <td> </td> <td colspan="3" align="center">As of December </td> </tr> <tr valign="bottom"> <td align="left"> </td> <td></td> <td></td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" colspan="3" align="center">31, </td> </tr> <tr valign="bottom"> <td align="left"> </td> <td></td> <td></td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 1px" align="center">2009 </td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">2008 </td> </tr> <tr> <td colspan="7"> </td> </tr> <tr valign="bottom"> <td style="BACKGROUND-COLOR: #cceeff" align="left">Trade</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff" align="right">11,507</td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff" align="right">8,727</td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 2px" align="left">Less: Allowance for uncollectible accounts</td> <td></td> <td></td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(1,446) </td> <td></td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(1,191)</td> </tr> <tr valign="bottom"> <td style="BACKGROUND-COLOR: #cceeff; TEXT-INDENT: 2px" align="left"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BACKGROUND-COLOR: #cceeff" align="right"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right"></td> </tr> <tr> <td align="left"></td> <td></td> <td></td> <td></td> <td align="right">10,061</td> <td></td> <td align="right">7,536 </td> </tr> <tr valign="bottom"> <td style="BACKGROUND-COLOR: #cceeff" align="left"> Less: Long-term accounts receivable, net </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(1,946)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(923)</td> </tr> <tr valign="bottom"> <td align="left"></td> <td></td> <td></td> <td> </td> <td align="right"></td> <td></td> <td align="right"></td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">Current accounts receivable, net </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" align="right">8,115</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" align="right">6,613</td> </tr> <tr> <td align="left"></td> <td></td> <td></td> <td></td> <td align="right"></td> <td></td> <td align="right"></td> </tr> <tr valign="bottom"> <td align="left"></td> <td></td> <td style="BORDER-BOTTOM: #000000 1px solid" colspan="5" align="center">As of December 31,</td> </tr> <tr valign="bottom"> <td align="left"></td> <td></td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">2009</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">2008</td> <td></td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">2007</td> </tr> <tr valign="bottom"> <td align="left"> </td> <td></td> <td></td> <td> </td> <td align="right"></td> <td></td> <td align="right"></td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">Allowance for uncollectible accounts</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right"></td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right"></td> </tr> <tr> <td align="left">   Balance at January 1, </td> <td></td> <td align="right">(1,191)</td> <td></td> <td align="right">(1,290)</td> <td></td> <td align="right">(1,120)</td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">   Additions </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right">(130)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right">(84)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BACKGROUND-COLOR: #cceeff" align="right">(215)</td> </tr> <tr> <td align="left">   Write-offs </td> <td></td> <td align="right">88</td> <td></td> <td align="right">16</td> <td></td> <td align="right">160</td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">   Cumulative translation adjustments</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(213)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">167</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(115)</td> </tr> <tr valign="bottom"> <td align="left"> </td> <td> </td> <td align="right"> </td> <td></td> <td align="right"> </td> <td></td> <td align="right"> </td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">Balance at December 31, </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(1,446)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(1,191)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(1,290)</td> </tr> <tr> <td align="left"></td> <td></td> <td align="right"></td> <td></td> <td align="right"></td> <td></td> <td align="right"></td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">Allowance on short-term receivables </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(875)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(638)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(746)</td> </tr> <tr> <td align="left"></td> <td></td> <td align="right"></td> <td></td> <td align="right"></td> <td></td> <td align="right"></td> </tr> <tr> <td style="BACKGROUND-COLOR: #cceeff" align="left">Allowance on long-term receivables </td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(571)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(553)</td> <td style="BACKGROUND-COLOR: #cceeff"></td> <td style="BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" align="right">(544)</td> </tr> </table> At December 31, 2009 and 2008, long-term receivables include US$633 and US$624, respectively relating to payments made by the Company to suppliers and subcontractors on behalf of certain contractors. These contractors had been hired by the subsidiary Brasoil for the construction/conversion of vessels into FPSO (Floating Production, Storage and Offloading) and FSO (Floating, Storage and Offloading) and failed to make the payments to their suppliers and subcontractors. The Company made the payments to avoid further delays in the construction/conversion of the vessels and consequent losses to Brasoil. The Companys management has determined that these payments can be reimbursed, since they represent Brasoils rights with respect to the contractors, for which reason judicial action was filed with international courts to seek reimbursement. However, as a result of the uncertainties related to the realization of such receivables, the Company recorded an allowance for all credits not backed by collateral. Such allowance amounted to US$561 and US$553 as of December 31, 2009 and 2008, respectively. 6.   Accounts Receivable, Net Accounts receivable, net consisted of the following:   false false false Describes an entity's accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3-5 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 114 -Paragraph 20 -Subparagraph b Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 92-5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 13 false false 1 2 false UnKnown UnKnown UnKnown false true