|
|
2017 |
|
Net income of the year |
|
5,507 |
|
Appropriation to legal reserve |
|
(275 |
) |
Appropriation to tax incentive reserve |
|
(216 |
) |
|
|
|
|
Net income after appropriations to legal reserve and tax incentive reserve |
|
5,016 |
|
Minimum mandatory remuneration (i) |
|
1,475 |
|
Appropriation to investments reserve |
|
3,541 |
|
(i) The minimum mandatory remuneration were based on interest on capital and will be paid in 2018, in the amount of US$0.28378015600 per share. Due to the Brazilian legislation, the Company must retain and collect the amount of withholding tax (15%) and cannot be considered when charging the interest on capital to the mandatory dividend.