| 13. | Intangible assets, Net |
| (a) | Breakdown |
| Year ended December 31, 2016 | ||||||||||||
| Gross | Amortization | Net | ||||||||||
| BRL | BRL | BRL | ||||||||||
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Software purchased |
R$ | 42,837 | R$ | (28,366 | ) | R$ | 14,471 | |||||
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Software developed |
59,185 | (20,625 | ) | 38,560 | ||||||||
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Software in development |
20,002 | — | 20,002 | |||||||||
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Trademark |
14,001 | — | 14,001 | |||||||||
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Other |
559 | — | 559 | |||||||||
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Total intangible assets, net |
R$ | 136,584 | R$ (48,991) | R$ | 87,593 | |||||||
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| Year ended December 31, 2017 | ||||||||||||||||
| Gross | Amortization | Net | Net | |||||||||||||
| BRL | BRL | BRL | USD | |||||||||||||
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Software purchased |
R$ | 49,151 | R$ | (34,677 | ) | R$ | 14,474 | US$ | 4,375 | |||||||
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Software developed |
98,293 | (37,738 | ) | 60,555 | 18,307 | |||||||||||
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Software in development |
26,250 | — | 26,250 | 7,935 | ||||||||||||
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Trademark |
14,001 | — | 14,001 | 4,232 | ||||||||||||
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Other |
559 | — | 559 | 169 | ||||||||||||
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Total intangible assets, net |
R$ | 188,254 | R$ (72,415) | R$ | 115,839 | US$ | 35,018 | |||||||||
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| (b) | Movement for the year |
| Software | Software | Software | ||||||||||||||||||||||||||
| purchased | developed | in development | Trademark | Other | Total | Total | ||||||||||||||||||||||
| BRL | BRL | BRL | BRL | BRL | BRL | USD | ||||||||||||||||||||||
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As of January 1, 2015 |
14,884 | 16,495 | 8,774 | — | 357 | 40,510 | ||||||||||||||||||||||
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Additions |
8,404 | 5,413 | 11,320 | — | — | 25,137 | ||||||||||||||||||||||
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Disposals |
(91 | ) | — | — | — | — | (91 | ) | ||||||||||||||||||||
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Amortization for the year |
(10,554 | ) | (2,181 | ) | — | — | — | (12,735 | ) | |||||||||||||||||||
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Tranfers |
5,568 | 7,001 | (13,008 | ) | — | 202 | (237 | ) | ||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
8 | 66 | 1 | — | — | 75 | ||||||||||||||||||||||
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As of January 1, 2016 |
R$ | 18,219 | R$ | 26,794 | R$ | 7,087 | R$ | — | R$ | 559 | R$ | 52,659 | ||||||||||||||||
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Additions |
1,738 | 15,722 | 18,760 | 14,001 | — | 50,221 | ||||||||||||||||||||||
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Disposals |
— | (187 | ) | — | — | — | (187 | ) | ||||||||||||||||||||
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Amortization for the year |
(5,777 | ) | (8,134 | ) | — | — | — | (13,911 | ) | |||||||||||||||||||
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Tranfers |
316 | 5,529 | (5,845 | ) | — | — | — | |||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
(25 | ) | (1,164 | ) | — | — | — | (1,189 | ) | |||||||||||||||||||
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As of December 31, 2016 |
14,471 | 38,560 | 20,002 | 14,001 | 559 | 87,593 | 26,480 | |||||||||||||||||||||
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Additions |
4,850 | 10,641 | 35,562 | — | — | 51,053 | 15,433 | |||||||||||||||||||||
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Disposals |
— | — | — | — | — | — | — | |||||||||||||||||||||
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Amortization for the year |
(6,320 | ) | (16,972 | ) | — | — | — | (23,292 | ) | (7,041 | ) | |||||||||||||||||
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Tranfers |
1,475 | 27,852 | (29,327 | ) | — | — | — | — | ||||||||||||||||||||
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Net exchange differences arising from translation adjustments |
(2 | ) | 474 | 13 | — | — | 485 | 146 | ||||||||||||||||||||
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As of December 31, 2017 |
R$ | 14,474 | R$ | 60,555 | R$ | 26,250 | 14,001 | R$ | 559 | R$ | 115,839 | U$ | 35,018 | |||||||||||||||
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The amortization cost of intangible assets is recognized in the consolidated statements of profit or loss and allocated into selling expenses and general and administrative expenses based on the nature and use of intangible assets.
During the year ended December 31, 2017, the main additions to software in development relates to website platform, mobile platform and marketplace. Included in this amount are capitalized borrowing costs related to the Software in development of R$421 (US$127), calculating using a capitalization rate of TJLP (Long-Term Interest Rate) plus 3% p.a..