5) TRADE ACCOUNTS RECEIVABLE
|
|
|
12/31/17 |
|
12/31/16 |
|
Billed amounts |
|
6,753,621 |
|
6,939,909 |
|
Unbilled amounts |
|
2,481,364 |
|
1,930,708 |
|
Interconnection amounts |
|
859,819 |
|
1,345,471 |
|
Amounts from related parties (Note 28) |
|
201,021 |
|
190,906 |
|
Gross accounts receivable |
|
10,295,825 |
|
10,406,994 |
|
Estimated impairment losses |
|
(1,433,471) |
|
(1,399,895) |
|
Total |
|
8,862,354 |
|
9,007,099 |
|
|
|
|
|
|
|
Current |
|
8,588,466 |
|
8,701,688 |
|
Noncurrent |
|
273,888 |
|
305,411 |
Consolidated balances of noncurrent trade accounts receivable include:
|
· |
R$122,651 at December 31, 2017 (R$143,265 at December 31, 2016), relating to the business model of resale of goods to other entities, receivable within 24 months. At December 31, 2017, the impact of the present-value adjustment was R$16,011 (R$32,920 at December 31, 2016). |
|
· |
R$45,031, at December 31, 2017 (R$57,272, at December 31, 2016), net of the present value adjustment relating to the portion of accounts receivable arising from negotiations on the bankruptcy process of companies from the OI group. At December 31, 2017, the impact of the present-value adjustment was R$15,535 (R$10,268 at December 31, 2016). |
|
· |
R$106,206, at December 31, 2017, (R$104,874, at December 31, 2016), relating to “Soluciona TI”, traded by TData, which consists of lease of IT equipment to small and medium companies and receipt of fixed installments over the contractual term. Considering the contractual terms, this product was classified as finance lease. At December 31, 2017, the impact of the present-value adjustment was R$33,614 (R$3,005 at December 31, 2016). |
The balances of current and noncurrent trade accounts receivable, relating to finance lease of “Soluciona TI” product, comprise the following effects:
|
|
|
12/31/17 |
|
12/31/16 |
|
Nominal amount receivable |
|
434,743 |
|
611,384 |
|
Deferred financial income |
|
(33,614) |
|
(3,005) |
|
Present value of accounts receivable |
|
401,129 |
|
608,379 |
|
Estimated impairment losses |
|
(154,666) |
|
(344,738) |
|
Net amount receivable |
|
246,463 |
|
263,641 |
|
|
|
|
|
|
|
Current |
|
140,257 |
|
158,767 |
|
Noncurrent |
|
106,206 |
|
104,874 |
At December 31, 2017, the aging list of gross trade accounts receivable relating to “Soluciona TI” product is as follows:
|
|
|
Nominal amount |
|
Present value of |
|
|
|
receivable |
|
accounts receivable |
|
Falling due within one year |
|
229,981 |
|
229,981 |
|
Falling due between one year and five years |
|
204,762 |
|
171,148 |
|
Total |
|
434,743 |
|
401,129 |
There are no unsecured residual values resulting in benefits to the lessor nor contingent payments recognized as revenue for the year.
The aging list of trade accounts receivable, net of estimated impairment losses, is as follows:
|
|
|
12/31/17 |
|
12/31/16 |
|
Falling due |
|
6,635,125 |
|
6,841,752 |
|
Overdue – 1 to 30 days |
|
1,132,008 |
|
1,073,568 |
|
Overdue – 31 to 60 days |
|
375,176 |
|
322,485 |
|
Overdue – 61 to 90 days |
|
232,648 |
|
227,010 |
|
Overdue – 91 to 120 days |
|
105,342 |
|
105,048 |
|
Overdue – over 120 days |
|
382,055 |
|
437,236 |
|
Total |
|
8,862,354 |
|
9,007,099 |
At December 31, 2017 and 2016, no customer represented more than 10% of trade accounts receivable, net.
Changes in the estimated impairment losses for accounts receivable are as follows:
|
Balance at 12/31/15 |
|
(2,217,926) |
|
Supplement to estimated losses (Note 24) |
|
(1,843,775) |
|
Reversal of estimated losses (Note 24) |
|
495,554 |
|
Write-off due to use |
|
2,166,252 |
|
Balance at 12/31/16 |
|
(1,399,895) |
|
Supplement to estimated losses (Note 24) |
|
(1,994,769) |
|
Reversal of estimated losses (Note 24) |
|
513,754 |
|
Write-off due to use |
|
1,456,158 |
|
Business combinations (Note 1.c.1) |
|
(8,719) |
|
Balance at 12/31/ 2017 |
|
(1,433,471) |