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CONSOLIDATED STATEMENT OF CASH FLOWS - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
1. Cash Flows From Operating Activities      
Consolidated profit for the year R$ 9,138,048 R$ 7,464,918 R$ 9,833,826
Adjustments to profit 17,015,113 20,143,702 (8,904,694)
Depreciation of tangible assets 1,190,967 1,154,588 1,029,706
Amortization of intangible assets 471,280 328,051 460,311
Impairment losses on other assets (net) 456,711 114,321 1,220,645
Provisions and Impairment losses on financial assets (net) 15,647,539 16,026,187 17,635,283
Net Gains (losses) on disposal of tangible assets, investments and non-current assets held for sale 324,385 (90,889) (831,108)
Share of results of entities accounted for using the equity method (71,551) (47,537) (116,312)
Changes in deferred tax assets and liabilities (406,395) 5,343,885 (9,417,913)
Monetary Adjustment of Escrow Deposits (637,124) (749,040) (650,314)
Recoverable Taxes (210,834) (215,228) (985,776)
Effects of Changes in Foreign Exchange Rates on Cash and Cash Equivalents 0 2,289,849 (2,106,652)
Effects of Changes in Foreign Exchange Rates on Assets and Liabilities 33,691 (3,924,662) (7,349,318)
Others [1] 216,444 (85,823) (7,793,246)
Net (increase) decrease in operating assets (16,745,263) (59,866,978) (65,884,338)
Balance with the Brazilian Central Bank 10,535,759 (24,156,755) (35,884,381)
Financial assets held for trading 32,410,414 (33,996,130) 5,997,510
Other financial assets at fair value through profit or loss 18,988 457,419 (1,607,210)
Available-for-sale financial assets (27,214,188) 9,976,210 (16,217,109)
Loans and receivables (35,295,311) (5,473,968) (34,360,873)
Held to maturity investments (26,266) (449,792) 2,563,141
Other assets 2,825,341 (6,223,962) 13,624,584
Net increase (decrease) in operating liabilities 44,163,382 43,247,080 70,151,518
Financial liabilities held for trading (2,297,323) 9,232,101 22,817,977
Financial liabilities at amortized cost 43,702,283 32,696,894 46,967,102
Other liabilities 2,758,422 1,318,085 366,439
Paid taxes (3,280,230) (4,240,115) (1,170,020)
Total net cash flows from operating activities (1) 50,291,050 6,748,607 4,026,292
2. Cash Flows From Investing Activities      
Investments (2,197,918) (1,945,372) (2,135,943)
Capital increase in Investments in associates and Joint Ventures (34,154) (3,105) 0
Acquisition of subsidiary, less net cash in the acquisition (275,091) (392,998) 59
Tangible assets (1,106,406) (873,140) (1,070,288)
Intangible assets (738,554) (670,576) (710,176)
Non - current assets held for sale (43,713) (10,462) (355,538)
Change in the scope of consolidation 0 4,909 0
Disposal 744,913 677,088 1,375,108
Net cash received from disposal of subsidiaries 0 0 857,830
Capital reduction of investee in joint control 0 76,860 0
Tangible assets 37,467 42,226 55,220
Non - current assets held for sale 434,553 208,232 317,321
Dividends and interest on capital received 272,893 349,770 144,737
Total net cash flows from investing activities (2) (1,453,005) (1,268,284) (760,835)
3. Cash Flows From Financing Activities      
Own shares Acquisition (378,776) (90,031) (247,025)
Issuance of other long-term financial liabilities 59,663,420 50,313,469 72,936,057
Dividends paid and interest on capital (5,652,081) (3,210,762) (3,992,956)
Payments of subordinated liabilities 0 (8,362,652) (216,075)
Payments of other long-term financial liabilities (97,009,957) (56,164,769) (63,516,234)
Payment of Debt Instruments Eligible to Compose Capital (623,146) (701,671) (609,035)
Increase/ Decrease in non-controlling interests (296,184) 23,909 4,803
Total net cash flows from financing activities (3) (44,296,724) (18,192,507) 4,359,535
Exchange variation on Cash and Cash Equivalents (4) 0 (2,289,849) 2,106,652
Net Increase in Cash (1+2+3+4) 4,541,321 (15,002,033) 9,731,644
Cash and cash equivalents at beginning of year 18,129,581 33,131,614 23,399,970
Cash and cash equivalents at end of year 22,670,902 18,129,581 33,131,614
Cash and cash equivalents components      
Cash 5,242,869 4,445,940 7,141,137
Loans and other 17,428,033 13,683,641 25,990,477
Total of cash and cash equivalents 22,670,902 18,129,581 33,131,614
Non-cash transactions      
Foreclosures loans and other assets transferred to non-current assets held for sale 524,497 834,903 293,440
Dividends and interest on capital declared but not paid 4,455,000 4,750,000 3,000,000
Supplemental information      
Interest received 73,094,248 75,818,511 70,566,274
Interest paid R$ 37,948,828 R$ 46,051,070 R$ 37,912,698
[1] 2015 includes mainly the effect noted in footnote 25.a.