The following is the breakdown of financial income and expenses of the Company for years ended December 31, 2015, 2016 and 2017, respectively:
| Year ended December 31, | ||||||||||||||||
| 2015 | 2016 | 2017 | 2017 | |||||||||||||
| BRL | BRL | BRL | USD | |||||||||||||
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Interest income |
R$ | 35,132 | R$ | 19,675 | R$ | 24,635 | US$ | 7,447 | ||||||||
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Foreign exchange gain |
16,508 | 2,090 | 1,901 | 575 | ||||||||||||
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Imputed interest on installment sales |
— | 5,705 | 2,255 | 682 | ||||||||||||
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Derivative financial instruments gain |
8,934 | — | 764 | 231 | ||||||||||||
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Other |
720 | 896 | 576 | 174 | ||||||||||||
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Total financial income |
R$ | 61,294 | R$ | 28,366 | R$ | 30,131 | US$ | 9,109 | ||||||||
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| Year ended December 31, | ||||||||||||||||
| 2015 | 2016 | 2017 | 2017 | |||||||||||||
| BRL | BRL | BRL | USD | |||||||||||||
|
Interest expense |
R$ | 58,473 | R$ | 67,018 | R$ | 63,478 | US$ | 19,189 | ||||||||
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Imputed interest on credit purchases |
24,438 | 32,653 | 53,981 | 16,318 | ||||||||||||
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Bank charges |
7,537 | 3,005 | 6,451 | 1,950 | ||||||||||||
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Derivative financial instruments loss |
— | 1,238 | — | — | ||||||||||||
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Foreign exchange loss |
3,509 | — | 2,327 | 703 | ||||||||||||
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Debt issuance costs |
1,213 | 2,532 | 4,665 | 1,410 | ||||||||||||
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Other |
1,497 | 1,104 | 874 | 266 | ||||||||||||
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Total financial expense |
R$ | 96,667 | R$ | 107,550 | R$ | 131,776 | US$ | 39,836 | ||||||||
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