TELEFONICA BRASIL S.A. | CIK:0001066119 | 3

  • Filed: 3/19/2018
  • Entity registrant name: TELEFONICA BRASIL S.A. (CIK: 0001066119)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/0001292814-18-000755-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/viv-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001066119
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  • ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents

    a)  Cash and cash equivalents

    These are maintained in order to meet short-term cash commitments and not for investment or other purposes. The Company consider cash equivalents a short-term investment readily convertible into a known amount of cash and subject to insignificant risk of change in value. Short-term investments are classified as cash-equivalent when redeemable within 90 days (Note 4).