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Equity instruments
12 Months Ended
Dec. 31, 2018
Equity instruments [Abstract]  
Equity instruments

7.         Equity instruments

 

a) Breakdown

 

 The breakdown, by classification and type, of the balances of “Equity instruments” is as follows:

 

Thousand of reais

 

 

 

 

 

 

2018

2017

2016

 

 

 

 

 

 

 

  

  

  

Classification:

 

 

 

 

 

 

  

  

  

Financial assets held for trading

 

 

 

-

489,770

398,461

Financial Assets Measured At Fair Value Through Profit or Loss Held For Trading

766,333

-

-

Non-Trading Financial Assets Mandatorily Measured At Fair Value Through Profit or Loss

298,297

-

-

Other Financial assets designated at fair value through profit or loss

 

-

33,368

42,455

Financial assets available-for-sale

 

 

 

-

1,106,637

1,985,473

Financial Assets Measured At Fair Value Through Other Comprehensive Income

40,986

-

-

Total

 

 

 

 

 

 

1,105,616

1,629,775

2,426,389

 

 

 

 

 

 

 

 

 

 

Type:

 

 

 

 

 

 

 

 

  

Shares of Brazilian companies

 

 

 

783,475

389,113

1,185,653

Shares of foreign companies

 

 

 

 

1,933

5,347

3,588

Investment funds (1)

 

 

 

 

 

 

320,208

1,235,315

1,237,148

Total

 

 

 

 

 

 

1,105,616

1,629,775

2,426,389

(1)     Composed mainly by investment on fixed income, public and private securities.

 

The margin given as collateral for transactions traded on B3 S.A. with derivative financial instruments of its own and of third parties is composed of federal public securities.

 

b)  Changes

 

The changes in the balance of “Equity instruments - Financial assets measured at fair value through profit or loss  held for trading” were as follows:

 

Thousand of reais

 

 

 

 

 

 

2018

2017

2016

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

 

 

 

 

489,770

398,461

404,973

Net additions (disposals)

 

 

 

 

 

 

277,462

90,696

(7,125)

Valuation adjustments

 

 

 

 

 

 

(899)

613

613

Balance at end of year

 

 

 

 

 

 

766,333

489,770

398,461

 

The changes in the balance of “Equity instruments - Non-Trading Financial Assets Mandatorily Measured At Fair Value Through Profit Or Loss” were as follows:

 

Thousand of reais

 

 

 

 

 

 

2018

2017

2016

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

 

 

 

 

33,368

42,455

573,664

Net additions (disposals)

 

 

 

 

 

 

143,291

(1,586)

(531,209)

Valuation adjustments

 

 

 

 

 

 

121,638

(7,501)

-

Balance at end of year

 

 

 

 

 

 

298,297

33,368

42,455

 

The changes in the balance of “Equity instruments - Financial Assets Measured At Fair Value Through Other Comprehensive Income” were as follows:                                                  

 

Thousand of reais

 

 

 

 

 

 

2018

2017

2016

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

 

 

 

 

1,106,637

1,985,473

1,162,332

Net additions (disposals)

 

 

 

 

 

 

(1,034,219)

(830,395)

852,820

Valuation adjustments

 

 

 

 

 

 

(31,432)

(48,441)

(29,679)

Balance at end of year

 

 

 

 

 

 

40,986

1,106,637

1,985,473