VAT TAX ISSUE IN BRAZIL AND PRIOR PERIOD ADJUSTMENTS (Tables)

12 Months Ended

Jan. 31, 2015

Vat Tax Issues Disclosure [Abstract]

Schedule Of Value Added Tax Claims [Table Text Block]

A table summarizing all four different VAT claims remaining open and their status is listed below:

		Interest					Approximate	Loss
Principal		& Penalty		Total			for Totals	Possibility	Strategy	Collateral
R$		R$		R$		US $
	305,897		534,038		839,935	$	315,492	Remote	To await Judicial Process and negotiate judicial deposit	New Land
	573,457		1,337,933		1,911,390	$	717,947	Remote	To await Judicial Process and negotiate judicial deposit	Plant
	6,209,836		8,356,422		14,566,258		5,471,306	Probable	To await Judicial Process and negotiate judicial deposit	-
	402,071		826,346		1,228,417	$	461,412	Remote	To await Judicial Process and negotiate judicial deposit	New Land
	7,491,261		11,054,740		18,546,000	$	6,966,157

Schedule Of Unused Value Added Tax Credit [Table Text Block]

The Company has reflected the above items on its January 31, 2015, balance sheet as follows:

		R $ millions		US $ millions
Long-term liabilities	Taxes payable		6.2		2.3