Cosan Ltd. | CIK:0001402902 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Cosan Ltd. (CIK: 0001402902)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1402902/000119312518138511/0001193125-18-138511-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1402902/000119312518138511/czz-20171231.xml
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  • ifrs-full:DisclosureOfRevenueExplanatory

    28 Net sales

     

         December 31,
    2017
        December 31,
    2016
        December 31,
    2015
     

    Gross revenue from sales of products and services

         15,835,343       14,673,819       14,387,630  

    Construction revenue

         351,193       339,025       408,086  

    Indirect taxes and deductions (i)

         (2,604,073     (2,494,705     (2,440,180
      

     

     

       

     

     

       

     

     

     

    Net revenue

         13,582,463       12,518,139       12,355,536  
      

     

     

       

     

     

       

     

     

     

     

    (i) On April 1, 2017, the effective tax rate ICMS – State tax on gas sales was changed from 12% to 15%.