Netshoes (Cayman) Ltd. | CIK:0001562767 | 3

  • Filed: 3/29/2018
  • Entity registrant name: Netshoes (Cayman) Ltd. (CIK: 0001562767)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1562767/000119312518100098/0001193125-18-100098-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1562767/000119312518100098/nets-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001562767
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory

    8. Cash and Cash Equivalents

     

         Year ended December 31,  
         2016      2017      2017  
         BRL      BRL      USD  

    Cash and bank balances

       R$ 6,769      R$ 17,801      US$ 5,381  

    Cash equivalents

         104,535        378,161        114,317  
      

     

     

        

     

     

        

     

     

     

    Total cash and cash equivalents

       R$     111,304      R$     395,962      US$     119,698  
      

     

     

        

     

     

        

     

     

     

    Cash equivalents are investments in Bank Deposit Certificates (“CDB”) and investment funds, issued by Brazilian financial institutions, with original maturities of 90 days or less that accrue at an average interest rate of 91.94% of CDI (Interbank Deposit Certificate rate).