VAT TAX ISSUE IN BRAZIL (Tables)

12 Months Ended

Jan. 31, 2016

Vat Tax Issues Disclosure [Abstract]

Schedule Of Value Added Tax Claims [Table Text Block]

							Negotiated		Not included in
	Principal		Total fines		Total of the		fines and		amnesty		Amnesty
	(tax only)		and fees		Debt		fees		settlement		settlement		Status of unsettled items
R$		305,897		572,264		878,161		92,853				398,750
USD ¹	$	80,499	$	150,596	$	231,095	$	24,435			$	104,934
R$		573,457		1,416,106		1,989,563		236,290		809,747			The new owner will continue
USD ¹	$	150,910	$	372,660	$	523,569	$	62,182	$	213,091			litigation as it is expected to be decided in management favor
R$		6,081,597		10,638,172		16,719,769		1,903,665				7,985,262
USD ¹	$	1,600,420	$	2,799,519	$	4,399,939	$	500,964			$	2,101,385
R$		402,071		876,589		1,278,660		139,858		541,929			The new owner will continue
USD ¹	$	105,808	$	230,681	$	336,489	$	36,805	$	142,613			litigation as it is expected to be decided in management favor
Total R$		7,363,022		13,503,131		20,866,154		2,372,666		1,351,676		8,384,012
Total USD	$	1,937,637	$	3,553,456	$	5,491,093	$	624,386	$	355,704	$	2,206,319
Legal Fees											$	50,000
Total Loan											$	2,256,319

¹ USD amounts based on exchange rate of as of settlement on December 18, 2015 at 3.80. Values updated as of December 1, 2015, according to the Brazil internal finance department. Numbers may not add due to rounding.

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
Liabilities of discontinued operations	Taxes payable		6.2		2.3