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Exchange differences (net)
12 Months Ended
Dec. 31, 2018
Exchange differences (net) [Abstract]  
Exchange differences (net)

38.        Exchange differences (net)

 

Exchange differences" demonstrate the gains or losses on foreign currency transactions, the differences that arise on translations of monetary items in foreign currencies to the functional currency, and those disclosed on non-monetary assets in foreign currency at the time of their disposal.

 

Thousand of Reais

 

 

 

 

 

 

2018

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Revenue with Exchange variations

 

 

 

12,752,765

 

24,008,382

 

16,634,809

Expenses with Exchange Variations

 

 

 

(15,559,237)

 

(23,403,326)

 

(12,059,995)

Total

 

 

 

 

 

 

(2,806,471)

 

605,056

 

4,574,814