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Non-controlling interests
12 Months Ended
Dec. 31, 2018
Non-controlling interests [Abstract]  
Non-controlling interests

27.        Non-controlling interests

 

a) Breakdown

 

The detail, by company, of the balance of “Equity - Non-controlling interests” is as follows:

 

Thousand of reais

 

 

 

 

 

 

2018

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Santander Leasing S.A. Arrendamento Mercantil

 

 

 

447

 

395

 

441

Santander Brasil Advisory Services S.A

 

 

 

-

 

-

 

529

Getnet S.A.

 

 

 

 

 

 

249,007

 

206,105

 

168,863

Olé Consignado S.A.

 

116,967

 

82,432

 

30,425

Santander Serviços Técnicos, Administrativos e de Corretagem de Seguros

-

 

-

 

318,498

BW Guirapá S.A.

 

 

 

 

 

 

-

 

-

 

68,691

Banco PSA Finance Brasil S.A.

 

 

 

155,399

 

147,295

 

138,057

Santander FI SBAC (1)

 

 

 

 

 

 

62,595

 

-

 

-

Rojo Entretenimento S.A.

 

 

 

 

 

 

7,015

 

-

 

-

Return Capital Serviços de Recuperação de Créditos S.A. (Current name of Ipanema Empreendimentos e Participações Ltda.)

1,155

 

667

 

-

Total

 

 

 

 

 

 

592,585

 

436,894

 

725,504

 

 

 

 

 

 

 

 

 

 

 

 

 

Thousand of reais

 

 

 

 

 

 

2018

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Profit attributable to non-controlling interests

 

 

 

217,441

 

213,984

 

130,355

Of which:

 

 

 

 

 

 

 

 

 

 

 

Santander Leasing S.A. Arrendamento Mercantil

 

 

 

25

 

48

 

41

Santander Brasil Advisory Services S.A

 

 

 

-

 

-

 

34

Getnet S.A.

 

 

 

 

 

 

55,518

 

48,842

 

27,209

Olé Consignado S.A.

 

138,527

 

53,286

 

5,432

Santander Serviços Técnicos, Administrativos e de Corretagem de Seguros

-

 

92,365

 

98,717

      BW Guirapá S.A.

 

-

 

(776)

 

(2,957)

      Banco PSA Finance Brasil S.A.

 

 

 

17,914

 

19,884

 

1,879

Santander FI SBAC

 

 

 

 

 

 

4,141

 

-

 

-

Rojo Entretenimento S.A.

 

 

 

 

 

 

166

 

-

 

-

Return Capital Serviços de Recuperação de Créditos S.A. (Current name of Ipanema Empreendimentos e Participações Ltda.)

1,150

 

335

 

-

 

(1)    The SBAC Fund, is an exclusive investment fund of the Consolidated Santander and many companies has their investments on it. As some companies has a parcel of non-controlling shareholders, this amount refers to the valuation of the equity of that Fund and as a consequence the effect on each company.

 

b) Changes

 

The changes in the balance of “Non-controlling interests” are summarized as follows:

 

Thousand of reais

 

 

 

 

 

 

2018

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

 

 

 

 

436,894

 

725,504

 

435,062

Additions / disposals (net) due to change in the scope of consolidation (1) (2)

6,849

 

(660,230)

 

159,469

Incorporation / Acquisition (4)

 

 

 

-

 

296,184

 

-

Dividends paid / Interest on Capital

 

 

 

(60,936)

 

(133,641)

 

(18,140)

Capital increase (3)

 

 

 

 

 

 

48,000

 

-

 

20,000

Profit attributable to non-controlling interests

 

 

 

217,441

 

213,984

 

130,355

Transition Adjustments to the amendments to the IAS 19

 

-

 

(1,790)

 

(1,604)


Update PUT Olé Consignado S.A.

 

 

 

 

 

 

(106,440)

 

-

 

-

Update of SBAC Fund Quotas

 

 

 

58,454

 

-

 

-

Others

 

 

 

 

 

 

(7,677)

 

(3,117)

 

362

Balance at end of year

 

 

 

 

 

 

592,585

 

436,894

 

725,504

 

(1)    In 2017 refers mainly to the participation of non-controlling shareholders of BW Guirapá, in 2016 refers to BW Guirapá.

(2)    In 2017 refers mainly to the balance of Non-controlling Shareholding of Santander Corretora de Seguros.

(3)    Increase in the share capital of Olé Consignado.

(4)    In 2017, it refers mainly to the balance of non-controlling interests of Santander Corretora de Seguros, prior to the merger events (Note 3).