The following table indicates the changes in the Company’s income or (loss) before tax that would arise if foreign exchange rates to which the Company has exposure at the reporting date had changed by 10% at that date, assuming all other risk variables remained constant.
Profit or loss | ||||||||
At December 31, 2017 |
Strenghthening | Weakening | ||||||
BRL | BRL | |||||||
Net exposure in USD |
R$ | 2,911 | (2,911 | ) |