PagSeguro Digital Ltd. | CIK:0001712807 | 3

  • Filed: 5/4/2018
  • Entity registrant name: PagSeguro Digital Ltd. (CIK: 0001712807)
  • Generator: SmartXBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1712807/000119312518152723/0001193125-18-152723-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1712807/000119312518152723/pags-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001712807
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  • ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory

    2.16 Employee benefits - Benefits of performance

    PagSeguro Group recognizes a liability and an expense for benefits of performance based on a methodology that takes into consideration the target of performance attributed to PagSeguro Group's stockholders after certain adjustments. PagSeguro Group recognizes a provision where contractually obliged or where there is a past practice that has created a constructive obligation.