35. | Foreign exchange gains (losses), net |
12.31.2017 | 12.31.2016 | 12.31.2015 | ||||||||||
Monetary and foreign exchange variations |
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Assets: |
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Advances to suppliers |
(1.3 | ) | — | — | ||||||||
Tax credits |
(2.2 | ) | 28.5 | (67.9 | ) | |||||||
Trade accounts receivable |
(38.8 | ) | 14.6 | (13.8 | ) | |||||||
Cash and cash equivalents and financial investments |
(4.0 | ) | 204.2 | (374.0 | ) | |||||||
Other |
(0.4 | ) | 47.5 | (54.7 | ) | |||||||
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(46.7 | ) | 294.8 | (510.4 | ) | ||||||||
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Liabilities: |
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Loans and financing |
6.0 | (153.3 | ) | 278.9 | ||||||||
Advances from customers |
25.1 | (46.3 | ) | 63.9 | ||||||||
Provisions |
3.8 | (27.6 | ) | 59.4 | ||||||||
Taxes and charges payable |
1.6 | (21.2 | ) | 71.8 | ||||||||
Accounts payable |
6.8 | (18.8 | ) | 39.3 | ||||||||
Suppliers |
0.1 | (11.7 | ) | 20.5 | ||||||||
Provisions for contingencies |
(1.3 | ) | (3.2 | ) | 8.8 | |||||||
Deferred taxes |
(1.4 | ) | 0.4 | (0.1 | ) | |||||||
Other |
— | (0.4 | ) | (0.8 | ) | |||||||
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40.7 | (282.1 | ) | 541.7 | |||||||||
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Net monetary and foreign exchange variations |
(6.0 | ) | 12.7 | 31.3 | ||||||||
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Derivative instruments |
12.6 | (8.2 | ) | (3.7 | ) | |||||||
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Foreign exchange gain (loss), net |
6.6 | 4.5 | 27.6 | |||||||||
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