• Entity registrant name: GERDAU S.A. (CIK: 0001073404)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/0001104659-18-022121-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/ggb-20171231.xml
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    Component: (Network and Table)
    Network
    00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
    (http://www.gerdau.com/role/StatementConsolidatedStatementsOfCashFlows)
    Table (Implied)
    Slicers (applies to each fact value in each table cell)
    Reporting Entity [Axis] 0001073404 (http://www.sec.gov/CIK)
    CONSOLIDATED STATEMENTS OF CASH FLOWS Period [Axis]
    2017-01-01 - 2017-12-31
    2016-01-01 - 2016-12-31
    2015-01-01 - 2015-12-31
    CONSOLIDATED STATEMENTS OF CASH FLOWS
     
     
     
    Cash flows from operating activities
     
     
     
    Net income (loss) for the year
    (338,667,000) 
    (2,885,929,000) 
    (4,595,986,000) 
    Adjustments to reconcile net income for the year to net cash provided by operating activities
     
     
     
    Depreciation and amortization
    2,092,551,000  
    2,535,955,000  
    2,607,909,000  
    Impairment of Assets
    1,114,807,000  
    2,917,911,000  
    4,996,240,000  
    Equity in earnings of unconsolidated companies
    34,597,000  
    12,771,000  
    24,502,000  
    Exchange variation, net
    4,057,000  
    (851,635,000) 
    1,564,017,000  
    Losses (Gains) on financial instruments, net
    9,441,000  
    38,930,000  
    (87,085,000) 
    Post-employment benefits
    192,724,000  
    229,767,000  
    233,287,000  
    Stock based remuneration
    35,576,000  
    46,683,000  
    48,589,000  
    Income tax
    295,391,000  
    304,314,000  
    (1,498,422,000) 
    Gains on disposal of property, plant and equipment
    (69,510,000) 
    (43,340,000) 
    (3,971,000) 
    Gains and losses on assets held for sale and sales of interest in subsidiaries and associates
    721,682,000  
    58,223,000  
    		  
    Allowance for doubtful accounts
    18,342,000  
    68,781,000  
    127,701,000  
    Provision for tax, labor and civil claims
    (110,281,000) 
    347,882,000  
    323,314,000  
    Reversal of contingent liabilities, net
    (929,711,000) 
    		    
    Interest income on investments
    (75,387,000) 
    (107,980,000) 
    (153,631,000) 
    Interest expense on loans
    1,323,448,000  
    1,540,797,000  
    1,471,526,000  
    Reversal of monetary update of contingent liabilities, net
    (369,819,000) 
    		    
    Interest on loans with related parties
    (95,000) 
    2,457,000  
    (2,712,000) 
    (Reversal) Provision for net realisable value adjustment in inventory
    (20,195,000) 
    (31,492,000) 
    17,536,000  
    Cash flows from operations before changes in working capital
    3,928,951,000  
     
    4,184,095,000  
     
    5,072,814,000  
     
    Changes in assets and liabilities
     
     
     
    (Increase) Decrease in trade accounts receivable
    (54,690,000) 
    64,805,000  
    1,219,605,000  
    (Increase) Decrease in inventories
    (1,269,455,000) 
    794,591,000  
    1,977,361,000  
    Increase (Decrease) in trade accounts payable
    800,164,000  
    110,466,000  
    (768,627,000) 
    Increase in other receivables
    (371,745,000) 
    (275,938,000) 
    (270,391,000) 
    Decrease in other payables
    (56,909,000) 
    (287,487,000) 
    (509,227,000) 
    Dividends from joint ventures
    40,644,000  
    124,495,000  
    52,769,000  
    Purchases of trading securities
    (2,390,104,000) 
    (880,436,000) 
    (1,958,522,000) 
    Proceeds from maturities and sales of trading securities
    2,905,411,000  
    1,089,972,000  
    3,929,971,000  
    Cash provided by operating activities
    3,532,267,000  
     
    4,924,563,000  
     
    8,745,753,000  
     
    Interest paid on loans and financing
    (1,330,116,000) 
    (1,240,165,000) 
    (946,041,000) 
    Income and social contributions taxes paid
    (126,023,000) 
    (168,032,000) 
    (637,394,000) 
    Net cash provided by operating activities
    2,076,128,000  
     
    3,516,366,000  
     
    7,162,318,000  
     
    Cash flows from investing activities
     
     
     
    Purchases of property, plant and equipment
    (873,329,000) 
    (1,323,891,000) 
    (2,324,718,000) 
    Proceeds from sales of property, plant and equipment, investments and other intangibles
    554,457,000  
    308,694,000  
    90,942,000  
    Purchases of other intangibles
    (37,939,000) 
    (54,044,000) 
    (126,428,000) 
    Payment for business acquisitions, net of cash of acquired entities
    		    
    (20,929,000) 
    Capital increase in jointly-controlled entity
    (178,670,000) 
    		  
    (40,524,000) 
    Net cash used in investing activities
    (535,481,000) 
     
    (1,069,241,000) 
     
    (2,421,657,000) 
     
    Cash flows from financing activities
     
     
     
    Purchase of treasury shares
    		  
    (95,343,000) 
    (189,071,000) 
    Dividends and interest on capital paid
    (86,386,000) 
    (85,962,000) 
    (358,226,000) 
    Proceeds from loans and financing
    3,265,860,000  
    2,455,371,000  
    3,042,783,000  
    Repayment of loans and financing
    (7,241,401,000) 
    (4,605,406,000) 
    (5,028,386,000) 
    Intercompany loans, net
    5,797,000  
    (6,492,000) 
    30,126,000  
    Increase in controlling interests in subsidiaries
    		    
    (339,068,000) 
    Net cash used in financing activities
    (4,056,130,000) 
     
    (2,337,832,000) 
     
    (2,841,842,000) 
     
    Exchange variation on cash and cash equivalents
    7,438,000  
    (693,990,000) 
    699,290,000  
    (Decrease) Increase in cash and cash equivalents
    (2,508,045,000) 
     
    (584,697,000) 
     
    2,598,109,000  
     
    Cash and cash equivalents at beginning of year
    5,063,383,000  
    5,648,080,000  
    3,049,971,000  
    Cash and cash equivalents at end of year
    2,555,338,000  
     
    5,063,383,000  
     
    5,648,080,000