Net sales generated from our international segment are denominated in local functional currencies. Revenues are translated at average rates prevailing throughout the period.
Net sales attributable to geographical areas are as follows:
| Year ended December 31, | ||||||||||||||||
| 2015 | 2016 | 2017 | 2017 | |||||||||||||
| BRL | BRL | BRL | USD | |||||||||||||
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Brazil |
R$ | 1,304,853 | R$ | 1,554,405 | R$ | 1,693,467 | US$ | 511,931 | ||||||||
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Argentina |
148,832 | 130,746 | 141,745 | 42,849 | ||||||||||||
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Mexico |
52,001 | 54,389 | 53,794 | 16,262 | ||||||||||||
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Total net sales |
R$ | 1,505,686 | R$ | 1,739,540 | R$ | 1,889,006 | US$ | 571,042 | ||||||||
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Property and equipment and intangible assets by geography are as follows:
| Year ended December 31, | ||||||||||||
| 2016 | 2017 | 2017 | ||||||||||
| BRL | BRL | USD | ||||||||||
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Property and equipment, net |
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Brazil |
R$ | 69,901 | R$ | 69,350 | US$ | 20,965 | ||||||
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Argentina |
3,071 | 2,574 | 778 | |||||||||
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Mexico |
1,230 | 1,115 | 337 | |||||||||
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Total property and equipment, net |
R$ | 74,202 | R$ | 73,039 | US$ | 22,080 | ||||||
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Intangible assets, net |
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Brazil |
R$ | 74,515 | R$ | 95,684 | US$ | 28,926 | ||||||
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Argentina |
32 | 11 | 3 | |||||||||
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Mexico |
35 | 41 | 12 | |||||||||
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Cayman |
13,011 | 20,103 | 6,077 | |||||||||
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Total intangible assets, net |
R$ | 87,593 | R$ | 115,839 | US$ | 35,018 | ||||||
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Total |
161,795 | 188,878 | 57,098 | |||||||||
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