TJMG 21/04/2016 -Pág. 62 -Caderno 2 - Publicações de Terceiros e Editais de Comarcas -Tribunal de Justiça do Estado de Minas Gerais

Caderno 2 - Publicações de Terceiros e Editais de Comarcas ● 21/04/2016 ● Tribunal de Justiça do Estado de Minas Gerais

62 – quinta-feira, 21 de Abril de 2016

Publicações de Terceiros e Editais de Comarcas Minas Gerais - Caderno 2

DENERGE - DESENVOLVIMENTO ENERGÉTICO S.A.
Em Recuperação Judicial

CNPJ/MF nº 45.661.048/0001-89
RELATÓRIO DA DIRETORIA
6HQKRUHV DFLRQLVWDV (P FXPSULPHQWR jV  GLVSRVLo}HV  OHJDLV H HVWDWXWiULDV VXEPHWHPRV j DSUHFLDomR GH 96DV DV GHPRQVWUDo}HV ¿QDQFHLUDV UHODWLYDV DRV H[HUFtFLRV VRFLDLV GH  H 
&RORFDPRQRVjGLVSRVLomRGRVVHQKRUHVDFLRQLVWDVSDUDHVFODUHFLPHQWRVSRUYHQWXUDQHFHVViULRV&DWDJXDVHVGHPDUoRGH$'LUHWRULD
BALANÇO PATRIMONIAL EM 31 DE DEZEMBRO DE 2015 (Em milhares reais)
Nota
2015
2014

Ativo
Circulante
&DL[DHHTXLYDOHQWHVGHFDL[D
Impostos a recuperar
'LYLGHQGRVDUHFHEHU
Outras contas a receber
Total do circulante
Não circulante
5HDOL]iYHODORQJRSUD]R
Créditos com partes relacionadas
,QYHVWLPHQWRV
Imobilizado
,QWDQJtYHO
Total do não circulante
Total do ativo










42.587





1.234




50.434


1.513.644
1.556.231
2015


144.316



1.341.997
1.343.231
2014





Nota
Passivo
Cirulante
Tributos e contribuições sociais



(QFDUJRVGHGtYLGDV



'LYLGHQGRVDSDJDU


Outras contas a pagar


Total do circulante
35.039
13.447
Não circulante
(PSUpVWLPRVH¿QDQFLDPHQWRV



'pELWRVFRPSDUWHVUHODFLRQDGDV



Créditos tributários



3URYLVmRSDUDSHUGDVHPLQYHVWLPHQWRV


Total do não circulante
499.524
540.218
Patrimônio líquido
Capital social



Transações de capital

 
 
5HVHUYDGHOXFURV
H

3UHMXt]RVDFXPXODGRV
 
$MXVWHGHDYDOLDomRSDWULPRQLDO


Outros resultados abrangentes



Total do patrimônio líquido
1.021.668
789.566
Total do passivo e patrimônio líquido
1.556.231
1.343.231
$VQRWDVH[SOLFDWLYDVVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HV¿QDQFHLUDV
DEMONSTRAÇÕES DO VALOR ADICIONADO - DVA
PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares de reais)
Geração do valor adicionado:
Outras receitas
(-) Insumos adquiridos de terceiros
0DWHULDVVHUYLoRVGHWHUFHLURVHRXWURV
Outros custos operacionais
Valor adicionado bruto
'HSUHFLDomRHDPRUWL]DomR

Valor adicionado líquido
Valor adicionado recebido em transferência
(TXLYDOrQFLDSDWULPRQLDO
5HFHLWDV¿QDQFHLUDV
Valor adicionado total a distribuir
Distribuição do valor adicionado:
Impostos, taxas e contribuições
Federais
Remuneração de capital de terceiros
Juros
$OXJXpLV
Remuneração de capitais próprios
5HVHUYDOHJDO
'LYLGHQGRV
Retenção de lucros
$EVRUomRGHSUHMXt]RV
Operações descontinuadas

Nota










2015

2014



-

 
 
(468)
 
 

 
 
(106)
 
-

(351)

(106)

 
 
126.833 1.870.163
 












 
 

126.833 1.870.163
$VQRWDVH[SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDVGHPRQVWUDo}HV¿QDQFHLUDV




DEMONSTRAÇÕES DE RESULTADOS
PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares de reais, exceto o lucro por ação)
Nota 2015
2014
Operações continuadas
5HVXOWDGRGHHTXLYDOrQFLDSDWULPRQLDO
 
Resultado bruto

Despesas operacionais
'HVSHVDVDGPLQLVWUDWLYDV

 
 

2XWUDVUHFHLWDV GHVSHVDV RSHUDFLRQDLV
5HVXOWDGRDQWHVGDVUHFHLWDV GHVSHVDV ¿QDQFHLUDVHLPSRVWRV
124.538 1.358.985
5HFHLWDV¿QDQFHLUDV

 
'HVSHVDV¿QDQFHLUDV
    
  
5HFHLWDV GHVSHVDV ¿QDQFHLUDVOtTXLGDV
Lucro antes dos impostos
74.169 1.809.125
  
Imposto de renda e contribuição social diferido

Resultado de operações continuadas

Resultado de operações descontinuadas
   
266.112 1.573.303
Lucro líquido do exercício
/XFUROtTXLGREiVLFRHGLOXtGRSRUDomR5



$VQRWDVH[SOLFDWLYDVVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HV¿QDQFHLUDV
DEMONSTRAÇÃO DO RESULTADO ABRANGENTE
PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares reais)
Nota

2015
2014


Lucro líquido do exercício
,WHQVTXHQmRVHUmRUHFODVVL¿FDGRVSDUDDGHPRQVWUDomRGRUHVXOWDGR
Outros resultados abrangentes



Total do resultado abrangente do exercício, líquido de impostos
266.884 1.578.261
$VQRWDVH[SOLFDWLYDVVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HV¿QDQFHLUDV
DEMONSTRAÇÕES DOS FLUXOS DE CAIXA
PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares de reais reais)
Nota
2015
2014
Atividades operacionais
Lucro líquido antes dos impostos
74.169 1.809.125
'HVSHVDVFRPMXURVYDULDo}HVPRQHWiULDVHFDPELDLVOtTXLGDV


(TXLYDOrQFLDSDWULPRQLDO
 
'HSUHFLDomRHDPRUWL]DomR


Perda na alienação de bens do imobilizado

$MXVWHDYDORUSUHVHQWH
- 
Variações nas contas do ativo circulante e não circulante
'LPLQXLomR DXPHQWR GRVLPSRVWRVDUHFXSHUDU


$XPHQWR GLPLQXLomRGHRXWURVFUpGLWRV


Variações nas contas do passivo circulante e não circulante
'LPLQXLomR GHWULEXWRVHFRQWULEXLo}HVVRFLDLV


'LPLQXLomR GHRXWUDVFRQWDVDSDJDU


Caixa líquido consumido pelas atividades operacionais
(3.283)
(1.475)
Atividades de investimentos
Partes relacionadas


$XPHQWRGHFDSLWDOHFRPSUDGHDo}HVGHVXEVLGLiULDV
- 
Caixa líquido gerado (consumido) nas atividades de
investimento
95.376 (1.101.081)
$WLYLGDGHVGH¿QDQFLDPHQWR
Partes relacionadas


$GLDQWDPHQWRSDUDIXWXURDXPHQWRGHFDSLWDO

Pagamentos de empréstimos - principal e juros


$XPHQWRGHFDSLWDOFRPVXEVFULomRGHDo}HV
- 
Caixa líquido (consumido) gerado nas atividades de
 ¿QDQFLDPHQWR
(92.367) 1.102.835
Variação líquida do caixa
(274)
279
&DL[DPDLVHTXLYDOHQWHVGHFDL[DLQLFLDLV


&DL[DPDLVHTXLYDOHQWHVGHFDL[D¿QDLV


Variação líquida do caixa
(274)
279
$VQRWDVH[SOLFDWLYDVVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HV¿QDQFHLUDV

DEMONSTRAÇÕES DAS MUTAÇÕES DO PATRIMÔNIO LÍQUIDO PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares de reais)

Saldos em 01 de janeiro de 2014
$XPHQWRGHFDSLWDOFRQIRUPH$*(GH
7UDQVDo}HVGHFDSLWDOUHÀH[R
Cancelamento de ações em tesouraria
5HDOL]DomRGHFXVWRDWULEXtGRGHFRQWURODGDVUHÀH[R
/XFUROtTXLGRGRH[HUFtFLR
Outros resultados abrangentes
Saldos em 31 de dezembro de 2014
5HDOL]DomRGHFXVWRDWULEXtGRGHFRQWURODGDVUHÀH[R
'LYLGHQGRVSUHVFULWRVUHÀH[R
/XFUROtTXLGRGRH[HUFtFLR
3URSRVWDGHGLVWULEXLomRGROXFUROtTXLGR
5HVHUYDOHJDO
'LYLGHQGRV
Retenção de lucros
Outros resultados abrangentes
7UDQVDo}HVGHFDSLWDOUHÀH[R
Saldos em 31 de dezembro de 2015

Reservas de lucros
Lucros Ajuste de
Outros
Reserva Retenção de (prejuízos)
avaliação resultados
legal
lucros acumulados patrimonial abrangentes
Nota
Total
- (1.758.991)
36.767
- (1.817.916)
16.1
- 
 
 


 
- 
- 



(198.931)
36.058
4.958
789.566


 






 

 
 


 




 
 
1.275.420
(337.820)
3.359
74.979
5.730
1.021.668
$VQRWDVH[SOLFDWLYDVVmRSDUWHLQWHJUDQWHGDVGHPRQVWUDo}HV¿QDQFHLUDV
Capital Transações
social de capital
197.620
(279.360)

 
1.275.420
(327.939)
-

Ações em
tesouraria
(13.952)

-

NOTAS EXPLICATIVAS ÀS DEMONSTRAÇÕES FINANCEIRAS PARA O EXERCÍCIO FINDO EM 31 DE DEZEMBRO DE 2015
(Em milhares de reais, exceto quando indicado ao contrário)
1. CONTEXTO OPERACIONAL
$'(1(5*(±'HVHQYROYLPHQWR(QHUJpWLFR6$ &RPSDQKLD ±HP5HFXSHUDomR-XGLFLDOp
XPDVRFLHGDGHSRUDo}HVGHFDSLWDOIHFKDGREUDVLOHLUDFRPVHGHQDFLGDGHGH&DWDJXDVHV0*
VRERFRQWUROHDFLRQiULRGDHPSUHVD%%30±3DUWLFLSDo}HV6$TXHSRUVXDYH]pFRQWURODGD
SHOD (QHUJLVD 6$ WHP SRU REMHWLYR D SDUWLFLSDomR QR FDSLWDO GH RXWUDV HPSUHVDV +LVWyULFR
GD DTXLVLomR GH FRQWUROH DFLRQiULR UHDOL]DGR SHOD FRQWURODGRUD (QHUJLVD 6$ 2V SULQFLSDLV
HYHQWRVTXHVXFHGHUDPjDVVXQomRGRFRQWUROHGD5HGH(QHUJLDHVXDVVXEVLGLiULDVSHOD(QHUJLVD
REHGHFHUDPjVHJXLQWHFURQRORJLD‡(PGHDJRVWRGHD$JrQFLD1DFLRQDOGH(QHUJLD
(OpWULFD ± $1((/ GHFUHWRX D LQWHUYHQomR DGPLQLVWUDWLYD QDV FRQWURODGDV GD 5HGH (QHUJLD
(QHUJLVD 0DWR *URVVR ± 'LVWULEXLGRUD GH (QHUJLD 6$ (QHUJLVD 7RFDQWLQV ± 'LVWULEXLGRUD
GH (QHUJLD 6$ (QHUJLVD 0DWR *URVVR GR 6XO ± 'LVWULEXLGRUD GH (QHUJLD 6$ &RPSDQKLD
GH )RUoD H /X] GR 2HVWH ³&)/2´  &DLXi 'LVWULEXLomR GH (QHUJLD 6$ ³&DLXi´  (PSUHVD
(OpWULFD %UDJDQWLQD 6$ ³((%´  (PSUHVD GH 'LVWULEXLomR GH (QHUJLD 9DOH 3DUDQDSDQHPD
6$ ³('(93´  H &RPSDQKLD 1DFLRQDO GH (QHUJLD (OpWULFD ³&1((´  1HVWD GDWD HP
GHFRUUrQFLDGDSHUGDGRSRGHUGHFRQWUROHVREUHDVHPSUHVDVGLVWULEXLGRUDVGHHQHUJLDHOpWULFDD
5HGH(QHUJLDUHFODVVL¿FRXVHXVLQYHVWLPHQWRVSDUDDWLYR¿QDQFHLURFODVVL¿FDGRFRPRGLVSRQtYHLV
SDUDYHQGD‡GHQRYHPEURGH$5HGH(QHUJLD6$SXEOLFRXIDWRUHOHYDQWHLQIRUPDQGR
TXHDMXL]DUDSHGLGRGHUHFXSHUDomRMXGLFLDO ³5-´ ‡GHVHWHPEURGH23ODQRGH5-
IRLKRPRORJDGRQD9DUDGH)DOrQFLDH5HFXSHUDo}HVIDYRUiYHOjSURSRVWDDSUHVHQWDGDSHOD
(QHUJLVD6$‡GHRXWXEURGH$RSHUDomRREMHWRGR3ODQRKRPRORJDGRIRLDSURYDGD
SHOR&$'(±&RQVHOKR$GPLQLVWUDWLYRGH'HIHVD(FRQ{PLFD‡GHGH]HPEURGH$
$1((/ DSURYRX R SODQR GH UHFXSHUDomR GDV FRQFHVVLRQiULDV GH GLVWULEXLomR VRE LQWHUYHQomR
³3ODQR$1((/´ DSUHVHQWDGRSHOD5HGHTXHIRLGHWDOKDGRHDWXDOL]DGRSHOD(QHUJLVD6$‡
GHMDQHLURGH$$1((/DQXLXjWUDQVIHUrQFLDGRFRQWUROHVRFLHWiULRGD5HGH(QHUJLD
6$SDUDD(QHUJLVD6$‡GHDEULOGH$$1((/GHFUHWRXR¿PGDLQWHUYHQomRQDV

FRQFHVVLRQiULDVHHPGHDEULOGHIRLGLYXOJDGRIDWRUHOHYDQWHLQIRUPDQGRTXHQDTXHOD
GDWDIRLIRUPDOL]DGDDWUDQVIHUrQFLDGRFRQWUROHVRFLHWiULRGD5HGH(QHUJLD6$j(QHUJLVD6$
&RPR¿PGHLQWHUYHQomRD5HGH(QHUJLD6$UHWRPRXRFRQWUROHDFLRQiULRGDVFRQFHVVLRQiULDV
$WXDOPHQWHWRGDVDVGLVSRVLo}HVGRVSODQRVGHUHFXSHUDomRDSUHVHQWDGRVj$1((/YrPVHQGR
cumpridas e, no momento, aguarda-se apenas o encerramento do processo de recuperação
judicial. 1.1. Plano de recuperação judicial: (PGHFRUUrQFLDGDDTXLVLomRGR*UXSR5HGHSHOD
(QHUJLVDHFRQIRUPH3ODQRGH5HFXSHUDomR-XGLFLDODEDL[RVtQWHVHGRVHIHLWRVUHPDQHVFHQWHV
GDVGtYLGDVFRQIRUPHVHJXH
Descrição
Denerge
9DORUHVDSDJDUDFUHGRUHVTXHRSWDUDPSRUUHFHEHUDR¿QDOGHDQRV
712.520
‡&RPMXURVGH75DD

Passivo assumido no âmbito do Plano de Recuperação Judicial
712.520
$WXDOL]DomR 

$MXVWHDYDORUSUHVHQWH  H 

5HYHUVmRDMXVWHDYDORUSUHVHQWH  H 

/LTXLGDomR&HVVmRGH&UpGLWRV 

Total em 31 de dezembro de 2014 - Passivo Circulante e
Não Circulante (Empréstimos e Financiamentos)
231.252
$WXDOL]DomR 

5HYHUVmRDMXVWHDYDORUSUHVHQWH  H 

/LTXLGDomR&HVVmRGH&UpGLWRV 

Total em 31 de dezembro de 2015 - Passivo Circulante e
Não Circulante (Empréstimos e Financiamentos)
244.230
 $MXVWHVUHDOL]DGRVQDUXEULFDGHHQFDUJRVGHGtYLGDQDGHPRQVWUDomRGHUHVXOWDGRGRSHUtRGR
 $MXVWHVD9DORU3UHVHQWH5HIHUHVHDRYDORUGHDMXVWHDYDORUSUHVHQWHUHJLVWUDGRSHOD&RP-

SDQKLDSDUDRVFUpGLWRVGRVFUHGRUHVTXH¿]HUDPQR3ODQRGH5HFXSHUDomR-XGLFLDORSo}HVSDUD
RVUHFHELPHQWRVGHVHXVFUpGLWRV±RSo}HV$H%3DUDRGHVFRQWRDYDORUSUHVHQWHXWLOL]RXVH
XPDWD[DGHDDTXHD&RPSDQKLDFRQVLGHUDFRPRDWD[DGHUHWRUQRDGHTXDGDSDUDD
UHDOL]DomRGRVFUpGLWRV(VVDWD[DpFRPSDWtYHOFRPDQDWXUH]DRSUD]RHRVULVFRVGHWUDQVDo}HV
VLPLODUHVHPFRQGLo}HVGHPHUFDGRQDVLWXDomRDWXDO$$GPLQLVWUDomRGD&RPSDQKLDHQWHQGH
TXH HVVD WD[D GH GHVFRQWR UHSUHVHQWD DGHTXDGDPHQWH R FXVWR GH FDSLWDO   2V SDJDPHQWRV
SUHYLVWRVQRSODQRGHUHFXSHUDomRMXGLFLDOIRUDPLQLFLDGRVDSDUWLUGHGHDEULOGHWHQGR
MiVLGROLTXLGDGRVGLUHWDPHQWH5HP 5HP 
2. APRESENTAÇÃO DAS DEMONSTRAÇÕES FINANCEIRAS
2.1. Declaração de conformidade: $VGHPRQVWUDo}HV¿QDQFHLUDVIRUDPHODERUDGDVFRPEDVH
QDVSUiWLFDVFRQWiEHLVDGRWDGDVQR%UDVLODVTXDLVDEUDQJHPD/HLGDV6RFLHGDGHV$Q{QLPDVRV
3URQXQFLDPHQWRVDV2ULHQWDo}HVHDV,QWHUSUHWDo}HVHPLWLGDVSHOR&RPLWrGH3URQXQFLDPHQWRV
&RQWiEHLV ± &3&  7RGDV DV LQIRUPDo}HV UHOHYDQWHV SUySULDV GDV GHPRQVWUDo}HV ¿QDQFHLUDV
HVWmRVHQGRHYLGHQFLDGDVHFRUUHVSRQGHPjVXWLOL]DGDVSHOD$GPLQLVWUDomRQDVXDJHVWmR$VGHPRQVWUDo}HV¿QDQFHLUDVIRUDPDSURYDGDVSHOD'LUHWRULDHPUHXQLmRUHDOL]DGDHPGHPDUoRGH
2.2. Moeda funcional e base de mensuração: $VGHPRQVWUDo}HV¿QDQFHLUDVVmRDSUHVHQWDGDVHP5HDOTXHpDPRHGDIXQFLRQDOGD&RPSDQKLDVmRDSUHVHQWDGDVHPPLOKDUHVGHUHDLV
H[FHWRTXDQGRLQGLFDGRGHRXWUDIRUPDHIRUDPSUHSDUDGDVFRPEDVHQRFXVWRKLVWyULFRFRPH[FHomRGRVHJXLQWHLWHP L ,QVWUXPHQWRV¿QDQFHLURVQmRGHULYDWLYRVPHQVXUDGRVSHORYDORUMXVWR
por meio do resultado. 2.3. Julgamentos e estimativas: $SUHSDUDomRGDVGHPRQVWUDo}HV¿QDQFHLUDVGHDFRUGRFRPDVSUiWLFDVFRQWiEHLVDGRWDGDVQR%UDVLOUHTXHUTXHD$GPLQLVWUDomRVHEDVHLHHPHVWLPDWLYDVSDUDRUHJLVWURGHFHUWDVWUDQVDo}HVTXHDIHWDPRVDWLYRVHSDVVLYRVUHFHLWDV
HGHVSHVDVEHPFRPRDGLYXOJDomRGHLQIRUPDo}HVVREUHGDGRVGDVVXDVGHPRQVWUDo}HV¿QDQFHLUDV2VUHVXOWDGRV¿QDLVGHVVDVWUDQVDo}HVHLQIRUPDo}HVTXDQGRGHVXDHIHWLYDUHDOL]DomRHP
H[HUFtFLRVVXEVHTXHQWHVSRGHPGLIHULUGHVVDVHVWLPDWLYDV$VUHYLV}HVFRPUHODomRDHVWLPDWLYDV
FRQWiEHLVVmRUHFRQKHFLGDVQRH[HUFtFLRHPTXHDVHVWLPDWLYDVVmRUHYLVDGDVHQRVH[HUFtFLRV
IXWXURVDIHWDGRV$VSULQFLSDLVHVWLPDWLYDVDSOLFDGDVHVWmRGHVFULWDVQDVQRWDVH[SOLFDWLYDVVHQGR
HODV‡1RWDQž&UpGLWRVWULEXWiULRVLPSRVWRGLIHULGRHGHVSHVDGHLPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOFRUUHQWHH‡1RWDQž,QVWUXPHQWRV¿QDQFHLURVHJHUHQFLDPHQWRGHULVFRV
3. ADOÇÃO DOS PADRÕES INTERNACIONAIS DE CONTABILIDADE
3.1. Novos procedimentos contábeis emitidos pelo IASB- International Accounting Standards Board: $SOLFDomRGDVQRUPDVQRYDVHUHYLVDGDVTXHQmRWLYHUDPHIHLWRRXHIHLWRPDWHULDOVREUH
DVGHPRQVWUDo}HV¿QDQFHLUDV$VHJXLUHVWmRDSUHVHQWDGDVDVQRUPDVTXHSDVVDUDPDVHUDSOLFiYHLVDSDUWLUGHVWDVGHPRQVWUDo}HV¿QDQFHLUDV$DSOLFDomRGHVVDVQRUPDVQmRWHYHLPSDFWRUHOHYDQWHQRVPRQWDQWHVGLYXOJDGRVQRH[HUFtFLRDWXDOQHPHPH[HUFtFLRVDQWHULRUHV‡0RGL¿FDo}HV
j,$6&3& 5 3ODQRGH%HQHItFLR'H¿QLGR&RQWULEXLomRGR(PSUHJDGR‡0RGL¿FDo}HV
DV,)56V0HOKRULDVDQXDLVQDV,)56VFLFOR‡0RGL¿FDo}HVDV,)56V0HOKRULDVDQXDLV
QDV,)56VFLFOR1RUPDVHLQWHUSUHWDo}HVQRYDVHUHYLVDGDVMiHPLWLGDVPDVDLQGDQmR
DGRWDGDVSHOD&RPSDQKLDpFRPRVHJXH‡,)56,QVWUXPHQWRV)LQDQFHLURV  ‡,)565HFHLWDV GH &RQWUDWRV FRP FOLHQWHV   ‡ 0RGL¿FDo}HV j ,)56 &3&  5  $FRUGR FRQWUDWXDO
FRQMXQWR  ‡0RGL¿FDo}HVDV,)56V0HOKRULDVDQXDLVQDV,)56VFLFOR    (P
YLJRUSDUDSHUtRGRVDQXDLVLQLFLDGRVHPRXDSyVžGHMDQHLURGHFRPDGRomRDQWHFLSDGD
SHUPLWLGD  (PYLJRUSDUDSHUtRGRVDQXDLVLQLFLDGRVHPRXDSyVžGHMDQHLURGHFRP
DGRomRDQWHFLSDGDSHUPLWLGD2&3&DLQGDQmRHPLWLXSURQXQFLDPHQWRVHTXLYDOHQWHVSDUDGHWHUPLQDGDV,)56VDQWHULRUPHQWHFLWDGDVPDVH[LVWHH[SHFWDWLYDGHTXHRIDoDDQWHVGDGDWDUHTXHULGDGHVXDHQWUDGDHPYLJRU$DGRomRDQWHFLSDGDGDV,)56VHVWiFRQGLFLRQDGDjDSURYDomRSUpYLD
HPDWRQRUPDWLYRGR&)&$&RPSDQKLDQmRDGRWRXGHIRUPDDQWHFLSDGDWDLVDOWHUDo}HVHPVXDV
GHPRQVWUDo}HV¿QDQFHLUDVGHGHGH]HPEURGHeHVSHUDGRTXHQHQKXPDGHVVDVQRYDV
QRUPDVWHQKDPHIHLWRPDWHULDOVREUHDVGHPRQVWUDo}HV¿QDQFHLUDVH[FHWRSHOD,)56 FODVVL¿FDomRHPHQVXUDomRGHDWLYRV¿QDQFHLURV TXHSRGHPRGL¿FDUDFODVVL¿FDomRHPHQVXUDomRGH
DWLYRV¿QDQFHLURV3.2. Principais práticas contábeis: $VSROtWLFDVFRQWiEHLVGHWDOKDGDVDEDL[R
WrPVLGRDSOLFDGDVGHPDQHLUDFRQVLVWHQWHDWRGRVRVH[HUFtFLRVDSUHVHQWDGRVQHVVDVGHPRQVWUDo}HV¿QDQFHLUDVa.&DL[DHHTXLYDOHQWHVGHFDL[D±DEUDQJHPVDOGRVGHFDL[DHDSOLFDo}HV¿QDQFHLUDVFRPFOiXVXODVFRQWUDWXDLVTXHSHUPLWHPRUHVJDWHHPDWpGLDVGDGDWDGHVXDDTXLVLomR
SHODVWD[DVFRQWUDWDGDVHVWmRVXMHLWRVDXPULVFRLQVLJQL¿FDQWHGHDOWHUDomRQRYDORUHVmRXWLOL]DGDVQDJHVWmRGDVREULJDo}HVGHFXUWRSUD]Rb.,QVWUXPHQWRV¿QDQFHLURV±7RGRVRVLQVWUXPHQWRV
¿QDQFHLURVDWLYRVHSDVVLYRVVmRUHFRQKHFLGRVQREDODQoRGD&RPSDQKLDHVmRPHQVXUDGRVLQLFLDOPHQWHSHORYDORUMXVWRTXDQGRDSOLFiYHODSyVRUHFRQKHFLPHQWRLQLFLDOGHDFRUGRFRPVXD
FODVVL¿FDomR 2V LQVWUXPHQWRV ¿QDQFHLURV GD &RPSDQKLD IRUDP FODVVL¿FDGRV HP L  PDQWLGRV
SDUDQHJRFLDomR±PHQVXUDGRVSHORYDORUMXVWRSRUPHLRGRUHVXOWDGR(VVDFODVVL¿FDomRLQFOXLDV
RSHUDo}HVFRPGHULYDWLYRV LL PDQWLGRVDWpRYHQFLPHQWR±PHQVXUDGRVSHODWD[DGHMXURVHIHWLYDHFRQWDELOL]DGRVQRUHVXOWDGRH LLL HPSUpVWLPRVHUHFHEtYHLV±VmRPHQVXUDGRVSHORFXVWR
DPRUWL]DGRXVDQGRVHDWD[DGHMXURVHIHWLYDHFRQWDELOL]DGRVQRUHVXOWDGR([LVWHPWUrVWLSRVGH
QtYHLVSDUDDDSXUDomRGRYDORUMXVWRUHIHUHQWHDRLQVWUXPHQWR¿QDQFHLURFRQIRUPHH[SRVWRDEDL[R1tYHO'DGRVSURYHQLHQWHVGHPHUFDGRDWLYR SUHoRFRWDGRQmRDMXVWDGR GHIRUPDTXHVHMD
SRVVtYHODFHVVDUGLDULDPHQWHLQFOXVLYHQDGDWDGDPHQVXUDomRGRYDORUMXVWR1tYHO'DGRV
GLIHUHQWHVGRVSURYHQLHQWHVGHPHUFDGRDWLYR SUHoRFRWDGRQmRDMXVWDGR LQFOXtGRVQR1tYHO
H[WUDtGRGHPRGHORGHSUHFL¿FDomREDVHDGRHPGDGRVREVHUYiYHLVGHPHUFDGR1tYHO'DGRV
H[WUDtGRVGHPRGHORGHSUHFL¿FDomREDVHDGRHPGDGRVQmRREVHUYiYHLVGHPHUFDGR$FODVVL¿FDomRGRVLQVWUXPHQWRV¿QDQFHLURVSHODIRUPDGHDSXUDomRGHVHXYDORUMXVWRHVWiDSUHVHQWDGDQD
QRWD H[SOLFDWLYD Qo  2 SULQFLSDO DWLYR ¿QDQFHLUR UHFRQKHFLGR SHOD &RPSDQKLD VmR FDL[D H
EDQFRVHSDUWHVUHODFLRQDGDV2VSULQFLSDLVSDVVLYRV¿QDQFHLURVUHFRQKHFLGRVSHOD&RPSDQKLD
VmRIRUQHFHGRUHVHPSUpVWLPRVH¿QDQFLDPHQWRVHSDUWHUHODFLRQDGDV8PDWLYR¿QDQFHLURQmRp
PDLVUHFRQKHFLGRTXDQGRRVGLUHLWRVFRQWUDWXDLVDRVÀX[RVGHFDL[DGRDWLYRH[SLUDPRXTXDQGR
D&RPSDQKLDWUDQVIHUHRVGLUHLWRVDRUHFHELPHQWRGRVÀX[RVGHFDL[DFRQWUDWXDLVVREUHXPDWLYR
¿QDQFHLURHPXPDWUDQVDomRQRTXDOHVVHQFLDOPHQWHWRGRVRVULVFRVHEHQHItFLRVGDWLWXODULGDGH
GRDWLYR¿QDQFHLURVmRWUDQVIHULGRV2VSDVVLYRV¿QDQFHLURVVmRPHQVXUDGRVSHORFXVWRDPRUWL]DGRXVDQGRVHDWD[DGHMXURVHIHWLYDHFRQWDELOL]DGRVQRUHVXOWDGRH[FHWRRVGHULYDWLYRVTXHVmR
PHQVXUDGRVSHORYDORUMXVWRc.,QYHVWLPHQWRV±RVLQYHVWLPHQWRVHPFRQWURODGDVVmRDYDOLDGRV
SHORPpWRGRGHHTXLYDOrQFLDSDWULPRQLDOWRPDQGRVHSRUEDVHRSDWULP{QLROtTXLGRGDLQYHVWLGD
QDGDWDGREDODQoR2VGHPDLVLQYHVWLPHQWRVHVWmRFRQWDELOL]DGRVDRFXVWRGHDTXLVLomROtTXLGR
GDSURYLVmRSDUDSHUGDVTXDQGRDSOLFiYHOd. Imobilizado - Itens do imobilizado são mensurados
SHORFXVWRKLVWyULFRGHDTXLVLomRRXFRQVWUXomRGHGX]LGRGHGHSUHFLDomRDFXPXODGDHSHUGDVGH
UHGXomRDRYDORUUHFXSHUiYHO impairment DFXPXODGDVTXDQGRDSOLFiYHO*DQKRVHSHUGDVQD
DOLHQDomR GH XP LWHP GR LPRELOL]DGR DSXUDGRV SHOD GLIHUHQoD HQWUH RV UHFXUVRV DGYLQGRV GD
DOLHQDomRHRYDORUFRQWiELOGRLPRELOL]DGR VmRUHFRQKHFLGRVHPRXWUDVUHFHLWDVGHVSHVDVRSHUDFLRQDLVQDGHPRQVWUDomRGRUHVXOWDGRGRH[HUFtFLR'HSUHFLDomR,WHQVGRDWLYRLPRELOL]DGRVmR
GHSUHFLDGRVSHORPpWRGROLQHDUQRUHVXOWDGRGRH[HUFtFLREDVHDGRQDYLGD~WLOHFRQ{PLFDHVWLPDGDGHFDGDFRPSRQHQWHe.,QWDQJtYHO,QFOXHPGLUHLWRVTXHWHQKDPSRUREMHWREHQVLQFRUSyUHRV
GHVWLQDGRVDPDQXWHQomRGDHQWLGDGHRXH[HUFLGRVFRPWDO¿QDOLGDGHFRPRVRIWZDUHV$DPRUWL]DomRpUHFRQKHFLGDQDUXEULFDGH'HVSHVDV2SHUDFLRQDLVf.5HGXomRDYDORUUHFXSHUiYHO±8P
DWLYR WHP SHUGD QR VHX YDORU UHFXSHUiYHO VH XPD HYLGrQFLD REMHWLYD LQGLFD TXH XP HYHQWR GH
SHUGD RFRUUHX DSyV R UHFRQKHFLPHQWR LQLFLDO GR DWLYR H TXH DTXHOH HYHQWR GH SHUGD WHYH XP
HIHLWRQHJDWLYRQRVÀX[RVGHFDL[DIXWXURVSURMHWDGRVTXHSRGHPVHUHVWLPDGRVGHXPDPDQHLUD
FRQ¿iYHO8PDSHUGDSRUUHGXomRQRYDORUUHFXSHUiYHOpUHFRQKHFLGDVHRYDORUFRQWiELOGRDWLYR
RXGDXQLGDGHJHUDGRUDGHFDL[DH[FHGHURVHXYDORUUHFXSHUiYHO3HUGDVSRUUHGXomRQRYDORU
UHFXSHUiYHOVmRUHFRQKHFLGDVQRUHVXOWDGRHTXDQGRXPHYHQWRVXEVHTXHQWHLQGLFDUHYHUVmRGD
SHUGDDGLPLQXLomRpUHYHUWLGDHUHJLVWUDGDQRUHVXOWDGRg.(PSUpVWLPRVH¿QDQFLDPHQWRVVmR
GHPRQVWUDGRVSHORYDORUOtTXLGRGRVFXVWRVGHWUDQVDomRLQFRUULGRVHVmRVXEVHTXHQWHPHQWHPHQVXUDGRVDRFXVWRDPRUWL]DGRXVDQGRRPpWRGRGDWD[DGHMXURVHIHWLYDh. Imposto de renda e
FRQWULEXLomRVRFLDO$GHVSHVDFRPLPSRVWRGHUHQGDHFRQWULEXLomRVRFLDOFRPSUHHQGHRVLPSRVWRVGHUHQGDFRUUHQWHHGLIHULGRV2LPSRVWRGLIHULGRpFRQWDELOL]DGRQRUHVXOWDGRDPHQRVTXH
HVWHMDUHODFLRQDGRDLWHQVUHJLVWUDGRVHPUHVXOWDGRVDEUDQJHQWHVQRSDWULP{QLROtTXLGR2LPSRVWRGLIHULGRpUHFRQKHFLGRFRPUHODomRjVGLIHUHQoDVWHPSRUiULDVHQWUHRVYDORUHVGHDWLYRHSDVVLYRSDUD¿QVFRQWiEHLVHRVFRUUHVSRQGHQWHVYDORUHVXVDGRVSDUD¿QVGHWULEXWDomR2LPSRVWRGH
UHQGDIRLFDOFXODGRjDOtTXRWDGHVREUHROXFURWULEXWiYHODFUHVFLGDGRDGLFLRQDOGH
VREUHROXFURWULEXWiYHOH[FHGHQWHGH5PLO$FRQWULEXLomRVRFLDOIRLFDOFXODGDjDOtTXRWDGH
(PERUDRVDWLYRVHRVSDVVLYRV¿VFDLVFRUUHQWHVVHMDPUHFRQKHFLGRVHPHQVXUDGRVVHSDUDGDPHQWHDFRPSHQVDomRQREDODQoRSDWULPRQLDOHVWiVXMHLWDDRVFULWpULRVVLPLODUHVjTXHOHVHVWDEHOHFLGRVSDUDRVLQVWUXPHQWRV¿QDQFHLURV$HQWLGDGHWHPQRUPDOPHQWHRGLUHLWROHJDOPHQWHH[HFXWiYHOGHFRPSHQVDURDWLYR¿VFDOFRUUHQWHFRQWUDXPSDVVLYR¿VFDOFRUUHQWHTXDQGRHOHVVHUHlacionarem com tributos sobre o lucro lançados pela mesma autoridade tributária e a legislação
WULEXWiULDSHUPLWLUTXHDHQWLGDGHIDoDRXUHFHEDXP~QLFRSDJDPHQWROtTXLGR$WLYRVGHLPSRVWR
GHUHQGDHFRQWULEXLomRVRFLDOGLIHULGRVVmRUHYLVDGRVDFDGDGDWDGHIHFKDPHQWRHVmRUHGX]LGRV
QDPHGLGDHPTXHVXDUHDOL]DomRQmRVHMDPDLVSURYiYHOi.$MXVWHGHDYDOLDomRSDWULPRQLDO5HVHUYDGHUHDYDOLDomRGHFRQWURODGDDVXDUHDOL]DomRVHGiHPSURSRUomRjGHSUHFLDomRHDOLHQDomR
GRVDWLYRVLPRELOL]DGRVUHDYDOLDGRVQDVFRQWURODGDVLQGLUHWDVVHQGRWUDQVIHULGDSDUDDFRQWDGH
OXFURVDFXPXODGRVOtTXLGDGRVHIHLWRVGRLPSRVWRGHUHQGDHGDFRQWULEXLomRVRFLDO$VFRQWURODGDVLQGLUHWDVRSWDUDPSRUPDQWHURVVDOGRVH[LVWHQWHVGDVUHVHUYDVGHUHDYDOLDomRDWpDVXDHIHWLYD
UHDOL]DomRFRQIRUPHSHUPLWLGRQRDUWžGD/HLQžj. Resultado - as receitas e desSHVDVVmRUHFRQKHFLGDVQRUHVXOWDGRGRH[HUFtFLRSHORUHJLPHGHFRPSHWrQFLD8PDUHFHLWDQmRp
UHFRQKHFLGDVHKiXPDLQFHUWH]DVLJQL¿FDWLYDQDVXDUHDOL]DomR$VFRQWURODGDVLQGLUHWDVFRQFHVVLRQiULDVGHHQHUJLDHOpWULFDFRQWDELOL]DPUHFHLWDVHFXVWRVGXUDQWHRSHUtRGRGHFRQVWUXomRGD
LQIUDHVWUXWXUDXWLOL]DGDQDSUHVWDomRGHVHUYLoRGHGLVWULEXLomRGHHQHUJLDHOpWULFD$VREUDVVmR
WHUFHLUL]DGDV H QHVWH FRQWH[WR D $GPLQLVWUDomR HQWHQGH TXH HVVD DWLYLGDGH JHUD XPD PDUJHP
PXLWR UHGX]LGD QmR MXVWL¿FDQGR JDVWRV DGLFLRQDLV SDUD PHQVXUDomR H FRQWUROH GRV PHVPRVk.
'HPDLVDWLYRVHSDVVLYRV FLUFXODQWHHQmRFLUFXODQWH RVGHPDLVDWLYRVHSDVVLYRVHVWmRGHPRQVWUDGRVSHORVYDORUHVFRQKHFLGRVRXFDOFXOiYHLVDFUHVFLGRVTXDQGRDSOLFiYHOGRVFRUUHVSRQGHQWHVUHQGLPHQWRVHQFDUJRVLQFRUULGRVDWpDGDWDGREDODQoRl.'HPRQVWUDomRGRYDORUDGLFLRQDGR
±SUHSDUDGDFRPEDVHHPLQIRUPDo}HVREWLGDVGRVUHJLVWURVFRQWiEHLVGHDFRUGRFRPR&3&
±'HPRQVWUDomRGR9DORU$GLFLRQDGR7HPSRU¿QDOLGDGHHYLGHQFLDUDULTXH]DFULDGDSHOD&RPSDQKLDHVXDGLVWULEXLomRGXUDQWHGHWHUPLQDGRSHUtRGRHpDSUHVHQWDGDFRQIRUPHUHTXHULGRSHOD
OHJLVODomRVRFLHWiULDEUDVLOHLUDFRPRSDUWHVXSOHPHQWDUjVGHPRQVWUDo}HV¿QDQFHLUDV
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