The following statement of financial position and profit or loss selected information by segment was prepared on the same basis as the accounting practices used in the preparation of consolidated information:
| December 31, 2017 |
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| Reported segments | Reconciliation |
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Additional information | |||||||||||||||||||||||||||||||||||||||||
| Raízen Energia |
Raízen Combustíveis |
Comgás | Moove | Logistics | Cosan Corporate |
Deconsolidated effects IFRS 11 |
Segment eliminations / adjustments |
Total consolidated |
Cosan S.A | Cosan Logística |
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Statement of profit or loss: |
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Net sales |
13,152,678 | 72,789,148 | 5,537,857 | 2,129,522 | 5,946,349 | 3,441 | (85,941,826) | (34,706) | 13,582,463 | 7,670,777 | 5,946,349 | |||||||||||||||||||||||||||||||||
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Domestic market |
6,995,061 | 72,789,148 | 5,537,857 | 1,543,758 | 5,939,765 | 3,441 | (79,784,209) | (34,706) | 12,990,115 | 7,085,013 | 5,939,765 | |||||||||||||||||||||||||||||||||
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External market |
6,157,617 | — | — | 585,764 | 6,584 | — | (6,157,617) | — | 592,348 | 585,764 | 6,584 | |||||||||||||||||||||||||||||||||
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Cost of sales |
(10,907,652) | (68,875,292) | (3,492,375) | (1,545,657) | (4,220,988) | (7,896) | 79,782,944 | 34,706 | (9,232,210) | (5,045,884) | (4,220,988) | |||||||||||||||||||||||||||||||||
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Gross profit |
2,245,026 | 3,913,856 | 2,045,482 | 583,865 | 1,725,361 | (4,455) | (6,158,882) | — | 4,350,253 | 2,624,893 | 1,725,361 | |||||||||||||||||||||||||||||||||
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Selling expenses |
(803,157) | (1,345,847) | (652,901) | (386,705) | (28,846) | (211) | 2,149,004 | — | (1,068,663) | (1,039,817) | (28,846) | |||||||||||||||||||||||||||||||||
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General and administrative expenses |
(618,064) | (455,743) | (344,990) | (94,002) | (285,409) | (210,889) | 1,073,807 | — | (935,290) | (597,430) | (285,409) | |||||||||||||||||||||||||||||||||
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Other income (expense), net |
(107,953) | 312,187 | (26,422) | (3,679) | (3,304) | 911,004 | (204,234) | — | 877,599 | 880,983 | (3,304) | |||||||||||||||||||||||||||||||||
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Financial results |
129 | (359,767) | (225,541) | (54,370) | (1,665,842) | (805,746) | 359,638 | — | (2,751,499) | (898,394) | (1,665,842) | |||||||||||||||||||||||||||||||||
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Finance expense |
(905,213) | (251,038) | (623,924) | (46,250) | (1,900,092) | (1,134,580) | 1,156,251 | 331 | (3,704,515) | (1,728,300) | (1,900,092) | |||||||||||||||||||||||||||||||||
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Finance income |
681,362 | 134,904 | 398,758 | 17,805 | 261,661 | 192,845 | (816,266) | (331) | 870,738 | 728,598 | 261,661 | |||||||||||||||||||||||||||||||||
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Foreign exchange losses, net |
(54,866) | (105,513) | (11,501) | (7,478) | (127,508) | (53,290) | 160,379 | — | (199,777) | (81,201) | (127,508) | |||||||||||||||||||||||||||||||||
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Derivatives |
278,846 | (138,120) | 11,126 | (18,447) | 100,097 | 189,279 | (140,726) | — | 282,055 | 182,509 | 100,097 | |||||||||||||||||||||||||||||||||
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Interest in earnings of associates |
(54,544) | — | — | (7,665) | 4,243 | 1,112,654 | 54,544 | (1,092,070) | 17,162 | 12,930 | 4,243 | |||||||||||||||||||||||||||||||||
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Interest in earnings of joint ventures |
— | — | — | — | — | 985,090 | — | — | 985,090 | 985,090 | — | |||||||||||||||||||||||||||||||||
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Income tax expense benefit |
(78,937) | (615,806) | (235,972) | (20,141) | (10,215) | (162,027) | 694,743 | — | (428,355) | (457,725) | (10,215) | |||||||||||||||||||||||||||||||||
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Profit (loss) from continuing operations |
582,500 | 1,448,880 | 559,656 | 17,303 | (264,012) | 1,825,420 | (2,031,380) | (1,092,070) | 1,046,297 | 1,510,530 | (264,012) | |||||||||||||||||||||||||||||||||
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Total net income attributable to: |
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Owners of the Company |
582,500 | 1,389,260 | 364,455 | 17,303 | (79,515) | 1,818,468 | (1,971,760) | (1,569,690) | 551,021 | 1,315,324 | (79,515) | |||||||||||||||||||||||||||||||||
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Non-controlling interests |
— | 59,620 | 195,201 | — | (184,497) | 6,952 | (59,620) | 477,620 | 495,276 | 195,206 | (184,497) | |||||||||||||||||||||||||||||||||
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| 582,500 | 1,448,880 | 559,656 | 17,303 | (264,012) | 1,825,420 | (2,031,380) | (1,092,070) | 1,046,297 | 1,510,530 | (264,012) | ||||||||||||||||||||||||||||||||||
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Other selected data: |
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Depreciation and amortization |
2,131,088 | 635,920 | 496,755 | 82,898 | 1,341,687 | 17,053 | (2,767,008) | — | 1,938,393 | 596,687 | 1,341,687 | |||||||||||||||||||||||||||||||||
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EBITDA |
2,792,396 | 3,060,373 | 1,517,924 | 174,712 | 2,753,732 | 2,810,246 | (5,852,769) | (1,092,070) | 6,164,544 | 3,463,336 | 2,753,732 | |||||||||||||||||||||||||||||||||
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Additions to PP&E, intangible and biological assets |
2,226,162 | 853,975 | 352,958 | 48,612 | 2,045,390 | 10,498 | (3,080,137) | — | 2,457,458 | 408,489 | 2,045,390 | |||||||||||||||||||||||||||||||||
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Reconciliation of EBITDA: |
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Profit (loss) for the period |
582,500 | 1,448,880 | 559,656 | 17,303 | (264,012) | 1,825,420 | (2,031,380) | (1,092,070) | 1,046,297 | 1,510,530 | (264,012) | |||||||||||||||||||||||||||||||||
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Income tax and social contribution |
78,937 | 615,806 | 235,972 | 20,141 | 10,215 | 162,027 | (694,743) | — | 428,355 | 457,725 | 10,215 | |||||||||||||||||||||||||||||||||
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Financial result, net |
(129) | 359,767 | 225,541 | 54,370 | 1,665,842 | 805,746 | (359,638) | — | 2,751,499 | 898,394 | 1,665,842 | |||||||||||||||||||||||||||||||||
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Depreciation and amortization |
2,131,088 | 635,920 | 496,755 | 82,898 | 1,341,687 | 17,053 | (2,767,008) | — | 1,938,393 | 596,687 | 1,341,687 | |||||||||||||||||||||||||||||||||
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EBITDA |
2,792,396 | 3,060,373 | 1,517,924 | 174,712 | 2,753,732 | 2,810,246 | (5,852,769) | (1,092,070) | 6,164,544 | 3,463,336 | 2,753,732 | |||||||||||||||||||||||||||||||||
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| December 31, 2016 |
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| Reported segments | Reconciliation |
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Additional information | |||||||||||||||||||||||||||||||||||||||||||||
| Raízen Energia |
Raízen Combustíveis |
Comgás | Radar | Moove | Logistics | Cosan Corporate |
Deconsolidated effects IFRS 11 |
Segment eliminations / adjustments |
Total consolidated |
Cosan S.A | Cosan Logística |
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Statement of profit or loss: |
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Net sales |
13,133,737 | 68,143,047 | 5,657,246 | — | 1,883,674 | 5,014,555 | 873 | (81,276,784) | (38,209) | 12,518,139 | 7,541,792 | 5,014,555 | ||||||||||||||||||||||||||||||||||||
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Domestic market |
6,106,330 | 68,143,047 | 5,657,246 | — | 1,447,794 | 4,772,057 | 873 | (74,249,377) | (38,209) | 11,839,761 | 7,105,912 | 4,772,057 | ||||||||||||||||||||||||||||||||||||
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External market |
7,027,407 | — | — | — | 435,880 | 242,498 | — | (7,027,407) | — | 678,378 | 435,880 | 242,498 | ||||||||||||||||||||||||||||||||||||
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Cost of sales |
(9,967,530) | (64,445,939) | (3,174,134) | — | (1,398,751) | (3,769,147) | (13,667) | 74,413,469 | 38,209 | (8,317,490) | (4,586,551) | (3,769,147) | ||||||||||||||||||||||||||||||||||||
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Gross profit |
3,166,207 | 3,697,108 | 2,483,112 | — | 484,923 | 1,245,408 | (12,794) | (6,863,315) | — | 4,200,649 | 2,955,241 | 1,245,408 | ||||||||||||||||||||||||||||||||||||
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Selling expenses |
(732,680) | (1,303,338) | (670,557) | — | (362,045) | (4,649) | (291) | 2,036,018 | — | (1,037,542) | (1,032,893) | (4,649) | ||||||||||||||||||||||||||||||||||||
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General and administrative expenses |
(567,400) | (447,762) | (332,349) | — | (72,567) | (342,961) | (252,857) | 1,015,162 | — | (1,000,734) | (570,465) | (342,961) | ||||||||||||||||||||||||||||||||||||
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Other income (expense), net |
(15,249) | 844,257 | (26,437) | — | 7,523 | (539) | (96,849) | (829,008) | — | (116,302) | (115,764) | (539) | ||||||||||||||||||||||||||||||||||||
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Financial results |
531,049 | (584,487) | (263,169) | — | (77,301) | (1,673,482) | (1,147,709) | 53,438 | 105,885 | (3,055,776) | (1,307,869) | (1,673,482) | ||||||||||||||||||||||||||||||||||||
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Finance expense |
(918,912) | (273,874) | (730,422) | — | (49,102) | (1,951,393) | (1,048,324) | 1,192,786 | 105,885 | (3,673,356) | (1,720,365) | (1,951,393) | ||||||||||||||||||||||||||||||||||||
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Finance income |
653,670 | 233,453 | 466,646 | — | 4,928 | 302,371 | 328,973 | (887,123) | — | 1,102,918 | 799,912 | 302,371 | ||||||||||||||||||||||||||||||||||||
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Foreign exchange losses, net |
(57,951) | 750,939 | 223,943 | — | 47,288 | 76,082 | 649,796 | (692,988) | — | 997,109 | 1,001,581 | 76,082 | ||||||||||||||||||||||||||||||||||||
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Derivatives |
854,242 | (1,295,005) | (223,336) | — | (80,415) | (100,542) | (1,078,154) | 440,763 | — | (1,482,447) | (1,388,997) | (100,542) | ||||||||||||||||||||||||||||||||||||
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Interest in earnings of associates |
(68,641) | (310) | — | — | (9,755) | 8,381 | 1,066,818 | 68,951 | (1,069,884) | (4,440) | (12,819) | 8,381 | ||||||||||||||||||||||||||||||||||||
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Interest in earnings of joint ventures |
— | — | — | — | — | — | 1,570,132 | — | — | 1,570,132 | 1,570,132 | — | ||||||||||||||||||||||||||||||||||||
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Income tax expense benefit |
(658,860) | (673,099) | (369,966) | — | (553) | 34,513 | 310,305 | 1,331,959 | (36,001) | (61,702) | (60,213) | 34,513 | ||||||||||||||||||||||||||||||||||||
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Profit (loss) from continuing operations |
1,654,426 | 1,532,369 | 820,634 | — | (29,775) | (733,329) | 1,436,755 | (3,186,795) | (1,000,000) | 494,285 | 1,425,350 | (733,329) | ||||||||||||||||||||||||||||||||||||
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Profit from discontinued operation, net of tax |
— | — | — | 69,261 | — | — | (123,386) | — | 18,863 | (35,262) | (35,261) | — | ||||||||||||||||||||||||||||||||||||
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Total net income attributable to: |
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Owners of the Company |
1,654,338 | 1,476,244 | 514,228 | 21,664 | (29,775) | (206,694) | 1,313,369 | (3,130,582) | (1,334,988) | 277,804 | 1,036,086 | (206,694) | ||||||||||||||||||||||||||||||||||||
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Non-controlling interests |
88 | 56,125 | 306,406 | 47,597 | — | (526,635) | — | (56,213) | 353,851 | 181,219 | 354,003 | (526,635) | ||||||||||||||||||||||||||||||||||||
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| 1,654,426 | 1,532,369 | 820,634 | 69,261 | (29,775) | (733,329) | 1,313,369 | (3,186,795) | (981,137) | 459,023 | 1,390,089 | (733,329) | |||||||||||||||||||||||||||||||||||||
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Other selected data: |
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Depreciation and amortization |
2,192,019 | 624,395 | 510,957 | — | 88,350 | 1,120,019 | 16,007 | (2,816,414) | — | 1,735,333 | 615,314 | 1,120,019 | ||||||||||||||||||||||||||||||||||||
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EBITDA |
3,974,256 | 3,414,350 | 1,964,726 | — | 136,429 | 2,025,659 | 2,290,166 | (7,388,606) | (1,069,884) | 5,347,096 | 3,408,746 | 2,025,659 | ||||||||||||||||||||||||||||||||||||
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Additions to PP&E, intangible and biological assets |
2,001,509 | 797,009 | 438,366 | — | 41,557 | 1,699,226 | 11,356 | (2,798,518) | — | 2,190,505 | 491,279 | 1,699,226 | ||||||||||||||||||||||||||||||||||||
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Reconciliation of EBITDA: |
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Profit (loss) for the period |
1,654,426 | 1,532,369 | 820,634 | — | (29,775) | (733,329) | 1,436,755 | (3,186,795) | (1,000,000) | 494,285 | 1,425,350 | (733,329) | ||||||||||||||||||||||||||||||||||||
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Income tax and social contribution |
658,860 | 673,099 | 369,966 | — | 553 | (34,513) | (310,305) | (1,331,959) | 36,001 | 61,702 | 60,213 | (34,513) | ||||||||||||||||||||||||||||||||||||
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Financial result, net |
(531,049) | 584,487 | 263,169 | — | 77,301 | 1,673,482 | 1,147,709 | (53,438) | (105,885) | 3,055,776 | 1,307,869 | 1,673,482 | ||||||||||||||||||||||||||||||||||||
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Depreciation and amortization |
2,192,019 | 624,395 | 510,957 | — | 88,350 | 1,120,019 | 16,007 | (2,816,414) | — | 1,735,333 | 615,314 | 1,120,019 | ||||||||||||||||||||||||||||||||||||
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EBITDA |
3,974,256 | 3,414,350 | 1,964,726 | — | 136,429 | 2,025,659 | 2,290,166 | (7,388,606) | (1,069,884) | 5,347,096 | 3,408,746 | 2,025,659 | ||||||||||||||||||||||||||||||||||||
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| December 31, 2015 |
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| Reported segments | Reconciliation |
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Additional information | |||||||||||||||||||||||||||||||||||||||||||||
| Raízen Energia |
Raízen Combustíveis |
Comgás | Radar | Moove | Logistics | Cosan Corporate |
Deconsolidated effects IFRS 11 |
Segment eliminations / adjustments |
Total consolidated |
Cosan S.A | Cosan Logística |
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Statement of profit or loss: |
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Net sales |
11,080,849 | 61,412,966 | 6,597,017 | — | 1,751,728 | 4,037,923 | 436 | (72,493,815) | (31,568) | 12,355,536 | 8,349,181 | 4,037,923 | ||||||||||||||||||||||||||||||||||||
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Domestic market |
4,438,148 | 61,412,966 | 6,597,017 | — | 1,385,188 | 3,842,124 | 436 | (65,851,114) | (31,568) | 11,793,197 | 7,982,641 | 3,842,124 | ||||||||||||||||||||||||||||||||||||
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External market |
6,642,701 | — | — | — | 366,540 | 195,799 | — | (6,642,701) | — | 562,339 | 366,540 | 195,799 | ||||||||||||||||||||||||||||||||||||
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Cost of sales |
(9,148,101) | (58,196,255) | (4,580,204) | — | (1,322,326) | (2,771,881) | (2,810) | 67,344,356 | 31,568 | (8,645,653) | (5,905,340) | (2,771,881) | ||||||||||||||||||||||||||||||||||||
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Gross profit |
1,932,748 | 3,216,711 | 2,016,813 | — | 429,402 | 1,266,042 | (2,374) | (5,149,459) | — | 3,709,883 | 2,443,841 | 1,266,042 | ||||||||||||||||||||||||||||||||||||
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Selling expenses |
(616,915) | (1,188,549) | (627,519) | — | (291,649) | 18,440 | — | 1,805,464 | — | (900,728) | (919,166) | 18,440 | ||||||||||||||||||||||||||||||||||||
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General and administrative expenses |
(518,848) | (394,570) | (332,763) | — | (77,666) | (311,288) | (189,949) | 913,418 | — | (911,666) | (565,105) | (311,288) | ||||||||||||||||||||||||||||||||||||
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Other income (expense), net |
(19,147) | 294,784 | (7,901) | — | 2,195 | 60,298 | 197,726 | (275,637) | — | 252,318 | 192,020 | 60,298 | ||||||||||||||||||||||||||||||||||||
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Financial results |
(624,695) | (124,598) | (181,889) | — | (109,860) | (1,166,553) | (781,522) | 749,293 | 55,358 | (2,184,466) | (1,147,892) | (1,166,553) | ||||||||||||||||||||||||||||||||||||
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Finance expense |
(919,994) | (170,560) | (409,768) | — | (120,325) | (1,261,452) | (919,463) | 1,090,554 | 73,691 | (2,637,317) | (1,395,741) | (1,261,452) | ||||||||||||||||||||||||||||||||||||
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Finance income |
650,446 | 173,477 | 247,047 | — | 4,870 | 164,675 | 178,355 | (823,923) | (18,333) | 576,614 | 411,838 | 164,675 | ||||||||||||||||||||||||||||||||||||
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Foreign exchange losses, net |
(1,031,777) | (415,983) | 126,282 | — | (10,213) | (190,410) | (671,717) | 1,447,760 | — | (746,058) | (623,164) | (190,410) | ||||||||||||||||||||||||||||||||||||
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Derivatives |
676,630 | 288,468 | (145,450) | — | 15,808 | 120,634 | 631,303 | (965,098) | — | 622,295 | 459,175 | 120,634 | ||||||||||||||||||||||||||||||||||||
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Interest in earnings of associates |
(42,967) | 8,893 | — | — | (11,596) | 11,164 | 703,315 | 34,074 | (694,905) | 7,978 | (3,185) | 11,164 | ||||||||||||||||||||||||||||||||||||
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Interest in earnings of joint ventures |
— | — | — | — | — | — | 695,165 | — | — | 695,165 | 695,165 | — | ||||||||||||||||||||||||||||||||||||
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Income tax expense benefit |
40,328 | (536,540) | (248,355) | — | 12,693 | (35,988) | 320,882 | 496,212 | (18,822) | 30,410 | 85,219 | (35,988) | ||||||||||||||||||||||||||||||||||||
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Profit (loss) from continuing operations |
150,504 | 1,276,131 | 618,386 | — | (46,481) | (157,885) | 943,243 | (1,426,635) | (658,369) | 698,894 | 780,897 | (157,885) | ||||||||||||||||||||||||||||||||||||
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Profit from discontinued operation, net of tax |
— | — | — | 100,867 | — | — | 38,915 | — | (38,915) | 100,867 | 100,867 | — | ||||||||||||||||||||||||||||||||||||
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Total net income attributable to: |
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Owners of the Company |
150,504 | 1,237,984 | 618,386 | 100,867 | (46,481) | (30,030) | 982,158 | (1,388,488) | (1,219,182) | 405,718 | 580,086 | (30,030) | ||||||||||||||||||||||||||||||||||||
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Non-controlling interests |
— | 38,147 | — | — | — | (127,855) | — | (38,147) | 521,898 | 394,043 | 301,678 | (127,855) | ||||||||||||||||||||||||||||||||||||
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| 150,504 | 1,276,131 | 618,386 | 100,867 | (46,481) | (157,885) | 982,158 | (1,426,635) | (697,284) | 799,761 | 881,764 | (157,885) | |||||||||||||||||||||||||||||||||||||
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Other selected data: |
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Depreciation and amortization |
2,057,365 | 579,603 | 481,566 | — | 75,077 | 616,527 | 4,677 | (2,636,968) | — | 1,177,847 | 561,042 | 616,527 | ||||||||||||||||||||||||||||||||||||
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EBITDA |
2,792,236 | 2,516,872 | 1,530,196 | — | 125,763 | 1,661,183 | 1,408,560 | (5,309,108) | (694,905) | 4,030,797 | 2,404,612 | 1,661,183 | ||||||||||||||||||||||||||||||||||||
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Additions to PP&E, intangible and biological assets |
1,776,372 | 797,299 | 521,215 | — | 43,464 | 1,405,478 | 42,061 | (2,573,671) | — | 2,012,218 | 608,667 | 1,405,478 | ||||||||||||||||||||||||||||||||||||
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Reconciliation of EBITDA: |
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Profit (loss) for the period |
150,504 | 1,276,131 | 618,386 | — | (46,481) | (157,885) | 943,243 | (1,426,635) | (658,369) | 698,894 | 780,897 | (157,885) | ||||||||||||||||||||||||||||||||||||
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Income tax and social contribution |
(40,328) | 536,540 | 248,355 | — | (12,693) | 35,988 | (320,882) | (496,212) | 18,822 | (30,410) | (85,219) | 35,988 | ||||||||||||||||||||||||||||||||||||
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Financial result, net |
624,695 | 124,598 | 181,889 | — | 109,860 | 1,166,553 | 781,522 | (749,293) | (55,358) | 2,184,466 | 1,147,892 | 1,166,553 | ||||||||||||||||||||||||||||||||||||
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Depreciation and amortization |
2,057,365 | 579,603 | 481,566 | — | 75,077 | 616,527 | 4,677 | (2,636,968) | — | 1,177,847 | 561,042 | 616,527 | ||||||||||||||||||||||||||||||||||||
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EBITDA |
2,792,236 | 2,516,872 | 1,530,196 | — | 125,763 | 1,661,183 | 1,408,560 | (5,309,108) | (694,905) | 4,030,797 | 2,404,612 | 1,661,183 | ||||||||||||||||||||||||||||||||||||
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|||||||||||||||||||||||||
| December 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||
| Reported segments | Reconciliation | Additional information | ||||||||||||||||||||||||||||||||||||||||||
|
Statement of financial position: |
Raízen Energia |
Raízen Combustíveis |
Comgás | Moove | Logistics | Cosan Corporate |
Deconsolidated effects IFRS 11 |
Segment elimination |
Total consolidated |
Cosan S.A | Cosan Logística |
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Cash and cash equivalents |
2,069,357 | 1,221,890 | 1,727,521 | 192,115 | 179,909 | 2,455,632 | (3,291,247) | — | 4,555,177 | 3,150,328 | 179,909 | |||||||||||||||||||||||||||||||||
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Marketable securities |
— | — | 509,544 | 5,439 | 3,153,160 | 185,200 | — | — | 3,853,343 | 700,035 | 3,153,160 | |||||||||||||||||||||||||||||||||
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Trade receivables |
688,235 | 2,679,114 | 640,682 | 310,006 | 371,718 | 14 | (3,367,349) | — | 1,322,420 | 950,701 | 371,718 | |||||||||||||||||||||||||||||||||
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Derivative financial instruments |
453,775 | 88,496 | 458,476 | 2,581 | 110,107 | 591,049 | (542,271) | — | 1,162,213 | 1,052,105 | 110,107 | |||||||||||||||||||||||||||||||||
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Inventories |
2,804,223 | 2,416,833 | 76,548 | 301,850 | 282,291 | 2,372 | (5,221,056) | — | 663,061 | 380,770 | 282,291 | |||||||||||||||||||||||||||||||||
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Other financial assets |
476,181 | — | — | — | — | 1,340,000 | (476,181) | — | 1,340,000 | 1,686,718 | — | |||||||||||||||||||||||||||||||||
|
Other current assets |
2,114,733 | 1,406,945 | 155,815 | 98,419 | 438,369 | 900,345 | (3,521,678) | (566,122) | 1,026,826 | 626,672 | 438,369 | |||||||||||||||||||||||||||||||||
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Other non-current assets |
3,373,565 | 1,335,986 | 356,962 | 70,055 | 2,770,618 | 1,100,740 | (4,709,551) | (1,230) | 4,297,145 | 1,521,810 | 2,770,618 | |||||||||||||||||||||||||||||||||
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Investments in associates |
348,523 | — | — | 12,113 | 41,930 | 11,862,366 | (348,523) | (11,615,067) | 301,342 | 259,412 | 41,930 | |||||||||||||||||||||||||||||||||
|
Investments in joint ventures |
— | — | — | — | — | 8,447,799 | — | — | 8,447,799 | 8,447,799 | — | |||||||||||||||||||||||||||||||||
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Biological assets |
880,668 | — | — | — | — | — | (880,668) | — | — | — | — | |||||||||||||||||||||||||||||||||
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Property, plant and equipment |
10,753,205 | 2,329,858 | — | 270,229 | 11,266,278 | 145,068 | (13,083,063) | — | 11,681,575 | 412,325 | 11,266,278 | |||||||||||||||||||||||||||||||||
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Intangible assets and goodwill |
3,669,903 | 4,600,777 | 8,471,087 | 873,924 | 7,622,969 | 5,630 | (8,270,680) | — | 16,973,610 | 9,350,598 | 7,622,969 | |||||||||||||||||||||||||||||||||
|
Loans, borrowings and debentures |
(10,853,768) | (2,741,312) | (4,212,504) | (589,292) | (9,670,946) | (7,216,204) | 13,595,080 | — | (21,688,946) | (9,674,994) | (9,670,946) | |||||||||||||||||||||||||||||||||
|
Derivative financial instruments |
(250,033) | (218,888) | — | (8,293) | — | (106,792) | 468,921 | — | (115,085) | (114,531) | — | |||||||||||||||||||||||||||||||||
|
Trade payables |
(1,341,867) | (2,124,538) | (1,444,835) | (353,474) | (628,597) | (7,089) | 3,466,405 | — | (2,433,995) | (1,805,385) | (628,597) | |||||||||||||||||||||||||||||||||
|
Real estate credit certificates |
— | — | — | — | (86,745) | — | — | — | (86,745) | — | (86,745) | |||||||||||||||||||||||||||||||||
|
Employee benefits payable |
(356,155) | (94,158) | (59,059) | (34,125) | (166,864) | (31,032) | 450,313 | — | (291,080) | (124,017) | (166,864) | |||||||||||||||||||||||||||||||||
|
Preferred shareholders payable in subsidiaries |
— | — | — | — | — | (1,442,679) | — | — | (1,442,679) | (1,442,679) | — | |||||||||||||||||||||||||||||||||
|
Lease |
— | — | — | — | (944,138) | — | — | — | (944,138) | — | (944,138) | |||||||||||||||||||||||||||||||||
|
Other current liabilities |
(1,412,872) | (1,387,037) | (358,430) | (237,302) | (778,049) | (1,237,815) | 2,799,909 | 567,352 | (2,044,244) | (1,449,477) | (778,049) | |||||||||||||||||||||||||||||||||
|
Other non-current liabilities |
(1,345,322) | (4,392,359) | (1,782,718) | (212,710) | (5,938,422) | (1,663,907) | 5,737,681 | 79,571 | (9,518,186) | (3,630,926) | (5,938,422) | |||||||||||||||||||||||||||||||||
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Total assets (net of liabilities) allocated by segment |
12,072,351 | 5,121,607 | 4,539,089 | 701,535 | 8,023,588 | 15,330,697 | (17,193,958) | (11,535,496) | 17,059,413 | 10,297,264 | 8,023,588 | |||||||||||||||||||||||||||||||||
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Total assets |
27,632,368 | 16,079,899 | 12,396,635 | 2,136,731 | 26,237,349 | 27,036,215 | (43,712,267) | (12,182,419) | 55,624,511 | 28,539,273 | 26,237,349 | |||||||||||||||||||||||||||||||||
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Equity attributable to owners of the Company |
12,073,314 | 4,888,966 | 4,539,089 | 701,535 | 2,211,005 | 15,330,321 | (16,962,280) | (16,743,193) | 6,038,757 | 9,446,669 | 2,211,005 | |||||||||||||||||||||||||||||||||
|
Non-controlling interests |
(963) | 232,641 | — | — | 5,812,583 | 376 | (231,678) | 5,207,697 | 11,020,656 | 850,595 | 5,812,583 | |||||||||||||||||||||||||||||||||
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Total shareholders’ equity |
12,072,351 | 5,121,607 | 4,539,089 | 701,535 | 8,023,588 | 15,330,697 | (17,193,958) | (11,535,496) | 17,059,413 | 10,297,264 | 8,023,588 | |||||||||||||||||||||||||||||||||
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|||||||||||||||||||||||
| December 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||
| Reported segments | Reconciliation | Additional information | ||||||||||||||||||||||||||||||||||||||||||
|
Statement of financial position: |
Raízen Energia |
Raízen Combustíveis |
Comgás | Moove | Logistics | Cosan Corporate |
Deconsolidated effects IFRS 11 |
Segment elimination |
Total consolidated |
Cosan S.A | Cosan Logística |
|||||||||||||||||||||||||||||||||
|
Cash and cash equivalents |
2,787,588 | 757,140 | 2,108,253 | 203,855 | 260,542 | 1,926,938 | (3,544,728) | — | 4,499,588 | 3,990,930 | 260,542 | |||||||||||||||||||||||||||||||||
|
Marketable securities |
— | — | 202,568 | 10,958 | 920,413 | 157,641 | — | — | 1,291,580 | 371,167 | 920,413 | |||||||||||||||||||||||||||||||||
|
Trade receivables |
682,813 | 2,518,713 | 513,423 | 240,059 | 431,461 | 487 | (3,201,526) | — | 1,185,430 | 753,969 | 431,461 | |||||||||||||||||||||||||||||||||
|
Derivative financial instruments |
1,243,260 | 178,060 | 437,137 | — | 3,669 | 310,274 | (1,421,320) | — | 751,080 | 747,411 | 3,669 | |||||||||||||||||||||||||||||||||
|
Inventories |
2,293,492 | 2,108,825 | 114,745 | 228,941 | 284,579 | 2,487 | (4,402,317) | — | 630,752 | 346,173 | 284,579 | |||||||||||||||||||||||||||||||||
|
Other financial assets |
711,453 | — | — | — | — | 70,487 | (711,453) | (70,487) | — | 70,487 | — | |||||||||||||||||||||||||||||||||
|
Assets held for sale |
— | — | — | — | 39,907 | — | — | 39,907 | — | 39,907 | ||||||||||||||||||||||||||||||||||
|
Other current assets |
3,030,674 | 1,456,418 | 80,758 | 141,972 | 382,551 | 658,550 | (4,487,092) | (107,927) | 1,155,904 | 793,861 | 382,551 | |||||||||||||||||||||||||||||||||
|
Other non-current assets |
2,852,423 | 1,089,809 | 307,306 | 26,036 | 2,549,631 | 1,436,632 | (3,942,232) | (33,225) | 4,286,380 | 1,761,857 | 2,549,631 | |||||||||||||||||||||||||||||||||
|
Investments in associates |
393,159 | — | — | 19,400 | 46,847 | 11,153,390 | (393,159) | (10,932,690) | 286,947 | 240,100 | 46,847 | |||||||||||||||||||||||||||||||||
|
Investments in joint ventures |
— | — | — | — | — | 8,506,395 | — | — | 8,506,395 | 8,506,395 | — | |||||||||||||||||||||||||||||||||
|
Biological assets |
1,119,623 | — | — | — | — | — | (1,119,623) | — | — | — | — | |||||||||||||||||||||||||||||||||
|
Investment property |
10,525,166 | 2,379,438 | — | 238,346 | 10,337,119 | 150,983 | (12,904,604) | — | 10,726,448 | 389,329 | 10,337,119 | |||||||||||||||||||||||||||||||||
|
Intangible assets and goodwill |
3,224,303 | 4,532,282 | 8,550,984 | 770,118 | 7,781,289 | 7,048 | (7,756,585) | — | 17,109,439 | 9,328,150 | 7,781,289 | |||||||||||||||||||||||||||||||||
|
Loans, borrowings and debentures |
(11,556,950) | (1,043,995) | (4,070,076) | (471,661) | (8,523,175) | (5,273,585) | 12,600,945 | — | (18,338,497) | (9,138,129) | (8,523,175) | |||||||||||||||||||||||||||||||||
|
Derivative financial instruments |
(789,193) | (648,070) | — | (35,155) | (12,303) | (248,386) | 1,437,263 | — | (295,844) | (283,541) | (12,303) | |||||||||||||||||||||||||||||||||
|
Trade payables |
(1,147,089) | (1,148,013) | (1,226,634) | (232,690) | (565,539) | (8,247) | 2,295,102 | — | (2,033,110) | (1,467,570) | (565,539) | |||||||||||||||||||||||||||||||||
|
Real estate credit certificates |
— | — | — | — | (195,745) | — | — | — | (195,745) | — | (195,745) | |||||||||||||||||||||||||||||||||
|
Employee benefits payable |
(314,989) | (92,573) | (63,904) | (30,187) | (117,149) | (26,919) | 407,562 | — | (238,159) | (121,009) | (117,149) | |||||||||||||||||||||||||||||||||
|
Preferred shareholders payable in subsidiaries |
— | — | — | — | — | (1,769,427) | — | — | (1,769,427) | (1,769,427) | — | |||||||||||||||||||||||||||||||||
|
Leases |
— | — | — | — | (1,397,543) | — | — | — | (1,397,543) | — | (1,397,543) | |||||||||||||||||||||||||||||||||
|
Other current liabilities |
(1,507,193) | (2,245,227) | (211,900) | (168,995) | (663,083) | (407,835) | 3,752,420 | 116,036 | (1,335,777) | (662,235) | (663,083) | |||||||||||||||||||||||||||||||||
|
Other non-current liabilities |
(1,367,686) | (4,714,035) | (1,549,441) | (132,414) | (5,881,195) | (1,408,841) | 6,081,721 | 115,892 | (8,855,999) | (3,065,579) | (5,881,195) | |||||||||||||||||||||||||||||||||
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|
Total assets (net of liabilities) allocated by segment |
12,180,854 | 5,128,772 | 5,193,219 | 808,583 | 5,682,276 | 15,238,072 | (17,309,626) | (10,912,401) | 16,009,749 | 10,792,339 | 5,682,276 | |||||||||||||||||||||||||||||||||
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Total assets |
28,863,954 | 15,020,685 | 12,315,174 | 1,879,685 | 23,038,008 | 24,381,312 | (43,884,639) | (11,144,329) | 50,469,850 | 27,299,829 | 23,038,008 | |||||||||||||||||||||||||||||||||
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|
Equity attributable to owners of the Company |
12,181,817 | 4,920,333 | 5,193,219 | 808,583 | 1,540,225 | 15,238,072 | (17,102,150) | (16,507,636) | 6,272,463 | 8,965,606 | 1,540,225 | |||||||||||||||||||||||||||||||||
|
Non-controlling interests |
(963) | 208,439 | — | — | 4,142,051 | — | (207,476) | 5,595,235 | 9,737,286 | 1,826,733 | 4,142,051 | |||||||||||||||||||||||||||||||||
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Total shareholders’ equity |
12,180,854 | 5,128,772 | 5,193,219 | 808,583 | 5,682,276 | 15,238,072 | (17,309,626) | (10,912,401) | 16,009,749 | 10,792,339 | 5,682,276 | |||||||||||||||||||||||||||||||||
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