Telefnica Brasil S.A.(NYSE:VIV) 
Telefnica Brasil S.A., together with its subsidiaries, provides mobile and fixed telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio compris...
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2021-12-31 | 2021-09-30 | 2021-03-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2009-12-16 | 2009-08-25 | 2009-06-26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net operating revenue | 43,126,472,000 | 44,268,171,000 | 10,763,353,000 | 39,343,728,000 | 10,079,646,000 | 8,194,049,000 | 6,445,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | -22,693,083,000 | -22,158,947,000 | -5,415,478,000 | -19,135,195,000 | -4,195,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 20,433,389,000 | 22,109,224,000 | 5,347,875,000 | 20,208,533,000 | 5,300,248,000 | 908,340 | 908,340,000 | 4,200,862,000 | 3,998,849,000 | 6,275,315,000 | 2,187,005,000 | 1,086,690,000 | 2,731,546,000 | |||||||||||||||||||||||||||||||||||||||||||
yoy | 313.42% | -73.54% | 26.17% | 267.98% | -19.94% | |||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -99.90% | -78.38% | 186.94% | 101.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | -13,852,460,000 | -14,895,300,000 | -3,705,474,000 | -15,301,695,000 | -3,952,839,000 | -564,946 | -564,946,000 | -2,724,707,000 | -2,936,282,000 | -3,298,820,000 | -182,572,000 | -165,527,000 | ||||||||||||||||||||||||||||||||||||||||||||
yoy | 301.98% | -75.78% | 45.07% | 1673.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -99.90% | -79.27% | 1706.86% | 10.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
selling expenses | -11,871,555,000 | -12,701,222,000 | -3,204,014,000 | -12,758,952,000 | -3,155,988,000 | -407,697 | -407,697,000 | -2,582,360,000 | -2,483,497,000 | -3,991,814,000 | -1,504,737,000 | -761,195,000 | ||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | -2,524,993,000 | -2,498,096,000 | -546,323,000 | -374 | -2,334,905,000 | -616,230,000 | -154,155 | -154,155,000 | -538,651,000 | -487,451,000 | -838,181,000 | -349,739,000 | -192,581,000 | -375,536,000 | ||||||||||||||||||||||||||||||||||||||||||
other operating income | 1,419,113,000 | 929,498,000 | 201,590,000 | 782,932,000 | 114,191,000 | 632,672,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expenses | -875,025,000 | -625,480,000 | -156,727,000 | -990,770,000 | -294,812,000 | -236,368,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
financial income | 1,351,530,000 | 1,132,870,000 | 318,387,000 | 1,675,172,000 | 525,624,000 | 747,601,000 | 521,317,000 | 856,722,000 | 263,076,000 | 111,436,000 | ||||||||||||||||||||||||||||||||||||||||||||||
financial expenses | -1,924,959,000 | -1,953,011,000 | -408,902,000 | -2,636,113,000 | -839,254,000 | -1,044,048,000 | -626,249,000 | -1,030,529,000 | -389,502,000 | -166,742,000 | ||||||||||||||||||||||||||||||||||||||||||||||
equity | 734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes | 6,008,234,000 | 6,394,535,000 | 1,639,286,000 | 5,249,381,000 | 1,195,637,000 | 82,874 | 82,874,000 | 1,435,719,000 | 957,635,000 | 2,802,688,000 | 1,878,007,000 | 865,857,000 | 2,235,066,000 | |||||||||||||||||||||||||||||||||||||||||||
income and social contribution taxes | -1,237,707,000 | -1,393,521,000 | -297,144,000 | -640,591,000 | -199,440,000 | -30,492 | -30,492,000 | -217,489,000 | -296,865,000 | -318,059,000 | -153,577,000 | -55,682,000 | -191,501,000 | |||||||||||||||||||||||||||||||||||||||||||
net income for the year | 4,770,527,000 | 5,001,014,000 | 4,608,790,000 | 52,382 | 52,382,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per common share | 2,900 | 2,780 | 750 | 2,560 | 550 | 680 | 550 | 2,070 | ||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per preferred share | 2,770 | 3,060 | 820 | 2,820 | 610 | 740 | 610 | 2,280 | 1,580 | 740 | ||||||||||||||||||||||||||||||||||||||||||||||
equity pickup | 752,000 | 87,400,000 | 1,303,484,000 | 161,858,000 | 145,435,000 | 1,831,343,000 | 795,367,000 | 1,620,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income for the period | 1,342,142,000 | 996,197,000 | 1,218,230,000 | 660,770,000 | 2,484,629,000 | 1,724,430,000 | 810,175,000 | 2,043,565,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
operating costs | -6,993.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
personnel | -964.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs of services rendered | -2,776.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interconnection | -284.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes and contributions | -413.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
third-party services | -1,369.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
others | -709.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of goods sold | -484.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
commercial expenses | -2,222 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debt | -390 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other net operating revenue | -172.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales and services | -4,779,398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net operating income | 1,899,812 | 1,899,812,000 | 8,358,113,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services provided and goods sold | -991,472 | -991,472,000 | -4,157,251,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating revenues (expenses) | -3,094 | -3,094,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial income (expenses) | -260,520 | -260,520,000 | -47,482,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity pick-up | 256,011,000 | 1,801,316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating income (expenses) | -110,769,000 | -300,168,000 | -129,412,000 | -7,118,000 | -96,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating income before financial income | 1,062,567,000 | 2,976,495,000 | 2,004,433,000 | 921,163,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenue | 14,562,788,000 | 6,284,351,000 | 3,149,971,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services rendered and products sold | -8,287,473,000 | -4,097,346,000 | -2,063,281,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
attributable to: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
controlling interest | 2,484,629,000 | 1,724,430,000 | 810,175,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
base and diluted earnings per common share | 1,440 | 680 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services rendered and goods sold | -3,713,895,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues | -448,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
service rendering | -1,597,374,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before financial income and expenses | 2,282,548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributed to non-controlling shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributed to controlling shareholders | 2,043,565,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share – common | 1.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share – preferred | 1.88 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2018-01-01 | 2012-12-31 | 2012-06-30 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
|---|---|---|---|---|---|---|
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ||||||
ifrs15 | ||||||
clarifications to ifrs 15 | ||||||
amendments to ifrs 2 | ||||||
amendments to ifrs 4 | ||||||
amendments to ias 40 | ||||||
ifric 22 | ||||||
improvements to ifrs standards | ||||||
ifrs 16 | ||||||
ifric23 | ||||||
amendments to ifrs 9 | ||||||
amendments to ias 28 | ||||||
ifrs 17 | ||||||
amendments to ifrs 10 and ias 28 | ||||||
current assets | 16,271,942,000 | 4,200,158,000 | 11,810,118,000 | 5,147,449,000 | 643,528,000 | |
cash and cash equivalents | 7,196,079,000 | 477,986,000 | 2,940,342,000 | 1,556,715,000 | ||
trade accounts receivable | 5,513,436,000 | 2,262,624,000 | 5,105,860,000 | 2,546,225,000 | 523,272,000 | |
inventories | 387,809,000 | 471,721,000 | 77,499,000 | |||
recoverable taxes | 2,052,423,000 | 2,495,066,000 | 659,357,000 | |||
escrow deposits | 126,625,000 | 116,421,000 | 1,710,683,000 | |||
derivative transactions | 41,109,000 | 885,000 | ||||
prepaid expenses | 248,337,000 | 54,722,000 | 255,056,000 | |||
other | 706,124,000 | 423,812,000 | 307,487,000 | |||
noncurrent assets | 53,892,725,000 | 53,679,855,000 | 14,818,845,000 | 23,541,000 | ||
long-term portion of investments pledged as collateral | 109,708,000 | 99,114,000 | ||||
deferred taxes | 1,029,598,000 | 1,428,878,000 | 503,679,000 | |||
investments | 23,683,000 | 20,625,939,000 | 37,835,000 | 100,837,000 | ||
property, plant and equipment | 17,610,851,000 | 17,153,920,000 | 10,200,697,000 | |||
intangible assets | 30,009,289,000 | 16,181,221,000 | 30,053,684,000 | 1,730,474,000 | ||
total assets | 70,254,667,000 | 54,535,355,000 | 65,489,973,000 | 19,966,294,000 | 667,069,000 | |
liabilities and shareholders’ equity | 2,012,000 | 2,011,000 | ||||
current liabilities | 13,537,471,000 | 12,740,263,000 | 5,719,846,000 | 866,873,000 | ||
payroll and related accruals | 416,355,000 | 495,624,000 | 307,245,000 | |||
trade accounts payable | 5,889,377,000 | 6,081,611,000 | 2,780,672,000 | 595,153,000 | ||
taxes payable | 1,781,480,000 | 1,691,991,000 | 972,123,000 | |||
loans and financing | 1,255,323,000 | 988,413,000 | 420,412,000 | |||
debentures | 702,215,000 | 468,624,000 | ||||
dividends and interest on shareholders’ equity payable | 467,831,000 | 972,986,000 | ||||
provisions | 496,790,000 | 416,313,000 | 240,213,000 | |||
deferred revenue | 734,573,000 | 761,268,000 | ||||
share fractions | 389,510,000 | 389,953,000 | ||||
licenses | 994,977,000 | |||||
noncurrent liabilities | 12,036,076,000 | 9,418,925,000 | 15,542,000 | |||
shareholders’ equity | 44,681,120,000 | 43,330,785,000 | 11,667,114,000 | |||
capital | 37,798,110,000 | 37,798,110,000 | 6,575,480,000 | |||
capital reserves | 2,686,897,000 | 2,719,665,000 | 2,733,562,000 | |||
legal reserve | 1,100,000,000 | 877,322,000 | 659,556,000 | |||
premium on acquisition of non-controlling interest | -70,448,000 | |||||
other comprehensive income | 17,792,000 | 7,520,000 | 4,417,000 | |||
additional proposed dividends | 3,148,769,000 | 1,953,029,000 | ||||
non-controlling shareholders | 5,068,000 | |||||
total liabilities | 70,254,667,000 | 65,489,973,000 | 882,415,000 | |||
assets | ||||||
inventory materials | 31,763,000 | |||||
taxes recoverable | 885,321,000 | |||||
judicial deposits | 3,026,088,000 | |||||
dividends and interest on equity | 204,210,000 | |||||
other assets | 282,647,000 | 120,256,000 | ||||
non-current assets | 50,335,197,000 | |||||
short-term investments pledged as collateral | ||||||
fixes assets | 9,715,467,000 | |||||
derivatives | 1,840,000 | 166,000 | ||||
non-controlling interest acquisition premium | -29,929,000 | |||||
dividends and interest payable to shareholders | 450,897,000 | |||||
derivatives obligations | 9,502,000 | |||||
non-current liabilities | 2,579,334,000 | |||||
post-retirement benefit plans liability | 219,000,000 | |||||
accumulated deficit | ||||||
additional dividend proposed | 1,694,099,000 | |||||
total liabilities and shareholders’ equity | 19,966,294,000 | |||||
liabilities | ||||||
interest on shareholders’ equity | 153,492,000 | |||||
other liabilities | 118,228,000 | |||||
statement of income | ||||||
revenue | 381,307,000 | |||||
telecommunications services | 376,333,000 | |||||
financial income | 899,000 | |||||
other operating revenues | 4,075,000 | |||||
costs and expenses | -2,876,914,000 | |||||
cost of services provided | -2,302,228,000 | |||||
selling | -486,675,000 | |||||
general and administrative | -83,643,000 | |||||
other operating expenses | -4,368,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2023-06-30 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2017-03-31 | 2009-08-25 |
|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||
income before taxes | 2,394,895,000 | 6,008,234,000 | 1,537,302,000 | 1,639,286,000 | 11,277,490,000 | 1,195,637,000 | ||
adjustment for: | ||||||||
depreciation and amortization | 6,380,994,000 | 11,227,498,000 | 2,743,261,000 | 2,587,693,000 | 8,368,623,000 | 1,936,132,000 | 1,179,232,000 | |
foreign exchange accruals on loans, financing and derivative instruments | ||||||||
interest and indexation accruals on assets and liabilities | 336,102,000 | |||||||
share of results in investees – equity method | ||||||||
gains on write-off/sale of assets | ||||||||
allowance for losses trade accounts receivable | ||||||||
change in liability provision | ||||||||
allowance for inventory impairment | ||||||||
pension plans and other post-retirement benefits | 27,603,000 | 88,487,000 | 15,370,000 | 14,784,000 | 52,885,000 | 7,706,000 | ||
provision for lawsuits | ||||||||
interest expenses | ||||||||
dispute settlement agreement - acquisition of oi's mobile upi | ||||||||
reversal of provisions for fines for cancellation of lease and dismantling contracts | ||||||||
other | -19,326,000 | -48,289,000 | -14,089,000 | 1,906,000 | ||||
changes in assets and liabilities | ||||||||
trade accounts receivable | -266,911,000 | -1,142,973,000 | -430,717,000 | -679,533,000 | -1,603,002,000 | -279,328,000 | -119,493,000 | |
inventories | 1,673,000 | 61,783,000 | -108,949,000 | -68,737,000 | -68,127,000 | 25,541,000 | ||
taxes recoverable | -113,861,000 | 1,687,393,000 | 604,082,000 | 183,240,000 | -5,849,648,000 | -11,311,000 | ||
prepaid expenses | -563,396,000 | -146,425,000 | -40,189,000 | -603,133,000 | 41,166,000 | -720,325,000 | ||
other assets | 76,929,000 | -17,116,000 | -95,324,000 | -10,501,000 | -20,225,000 | |||
personnel, social charges and benefits | 24,197,000 | -17,755,000 | -141,753,000 | -227,837,000 | 47,870,000 | -141,288,000 | ||
trade accounts payable | 402,671,000 | 287,273,000 | -10,522,000 | 115,247,000 | 1,056,817,000 | -256,283,000 | ||
taxes, charges and contributions | 1,634,713,000 | 38,526,000 | 178,561,000 | 327,833,000 | 223,059,000 | 47,104,000 | ||
provisions for legal claims, amounts to be refunded to customers and provision for fines for cancellation of lease contracts | ||||||||
other liabilities | -174,476,000 | 38,334,000 | -60,208,000 | 34,844,000 | -249,571,000 | |||
cash generated from operations | 11,394,598,000 | 20,217,998,000 | 4,687,479,000 | 3,688,665,000 | 13,113,017,000 | |||
interest paid on loans, financing, debentures and leases | ||||||||
income and social contribution taxes paid | -278,217,000 | -95,156,000 | -676,659,000 | -37,679,000 | ||||
net cash generated by operating activities | 10,145,520,000 | 19,341,750,000 | 4,522,935,000 | 3,487,994,000 | ||||
cash flows from investing activities | ||||||||
additions to property and equipment, intangible assets and others | ||||||||
proceeds from sale of property and equipment | ||||||||
payments for acquisition of investments and capital contributions to invested companies, net of cash and cash equivalents for acquisition of companies | ||||||||
cash proceeds from sale of investments | ||||||||
receipts net of judicial deposits | 73,996,000 | |||||||
net payments of receipts of financial investments | ||||||||
receipt of dividends and interest on equity | ||||||||
cash and cash equivalents due to the acquisition (sale) of companies | -6,756,000 | |||||||
net cash from investing activities | -2,938,516,000 | -6,408,456,000 | ||||||
cash flows from financing activities | ||||||||
additions from loans and debentures | ||||||||
payments of principal on loans and financing, debentures, leases and other creditors | ||||||||
receipts – derivative financial instruments | 84,400,000 | |||||||
payments – derivative financial instruments | -69,214,000 | |||||||
payments for repurchases of common shares - share repurchase program | ||||||||
payments of dividends and interest on equity | ||||||||
capital subscriptions made by non-controlling shareholders in subsidiaries | ||||||||
payments to shareholders for reduction of share capital | ||||||||
net cash from financing activities | -3,545,300,000 | -10,564,590,000 | -971,319,000 | -733,461,000 | ||||
increase in cash and cash equivalents | 3,661,704,000 | 2,368,704,000 | 2,051,763,000 | 664,834,000 | -669,010,000 | 867,717,000 | ||
cash and cash equivalents at beginning of the year | 3,393,377,000 | 4,050,338,000 | ||||||
cash and cash equivalents at end of the year | 5,762,081,000 | 3,381,328,000 | ||||||
indexation accruals on assets and liabilities | 506,056,000 | |||||||
write-offs in operations with disposal of investments | ||||||||
share of net profit of joint ventures accounted for using the equity method | ||||||||
losses on write-off/sale of assets | -210,113,000 | -459,758,000 | ||||||
impairment losses – trade accounts receivable | 1,740,358,000 | |||||||
provisions for estimated losses for the reduction to the realizable value of inventories | ||||||||
provisions for tax, labor, civil, regulatory and contingent liability claims | ||||||||
interest expenses on loans and financing, debentures, leases and other creditors | ||||||||
post-closing price adjustment - garliava | ||||||||
payments of provision for legal demands, contingent liabilities, fines for canceling lease contracts and amounts to be refunded to customers | ||||||||
payments of interest on loans and financing, debentures, leases and other creditors | ||||||||
income tax and social contribution payments | ||||||||
additions to pp&e, intangible assets and others | -3,783,639,000 | -8,289,264,000 | -8,517,458,000 | |||||
proceeds from sale of pp&e | 240,731,000 | 959,345,000 | ||||||
payments for the acquisition of investments and capital contributions to subsidiaries, net of cash and cash equivalents for acquisitions of companies | ||||||||
receipts (payments), net of judicial deposits | ||||||||
cash received upon sale of investments | ||||||||
capital subscriptions made by noncontrolling shareholders in subsidiaries | ||||||||
foreign exchange accruals on loans and derivative financial instruments | 34,985,000 | |||||||
share of results in investees - equity method | 4,222,000 | |||||||
impairment losses - trade accounts receivable | 644,743,000 | |||||||
change in liability provisions | 408,179,000 | 92,358,000 | 49,222,000 | -24,414,000 | -80,333,000 | |||
write-off and reversals for allowance for inventory impairment | 29,493,000 | |||||||
provisions for tax, civil, labor and regulatory contingencies | 383,311,000 | 673,905,000 | 147,272,000 | 156,727,000 | 1,098,251,000 | 257,076,000 | ||
interest expense accrued | 999,236,000 | |||||||
provisions for tax, labor, civil, regulatory claims, customer refunds and provision for finescanceling lease agreements | -1,041,265,000 | |||||||
interest paid | -970,861,000 | -781,092,000 | -164,544,000 | -200,671,000 | -494,931,000 | -222,745,000 | ||
payment for acquisition of investments and capital subscribed in subsidiary | -68,185,000 | |||||||
cash and cash equivalents received upon the acquisition of companies | 598,581,000 | |||||||
new loans | ||||||||
payments of loans, financing, debentures, leases, 5g licenses and contingent liabilities | -1,507,019,000 | |||||||
receipts - derivative financial instruments | 14,270,000 | |||||||
payments - derivative financial instruments | -115,514,000 | |||||||
payment for acquisitions of shares for treasury | -213,369,000 | -22,721,000 | ||||||
dividend and interest on equity paid | -1,723,668,000 | -5,259,367,000 | -271,000 | -4,136,878,000 | -310,000 | |||
cash and cash equivalents at beginning of the period | 1,359,061,000 | 4,675,627,000 | ||||||
cash and cash equivalents at end of theperiod | 5,020,765,000 | |||||||
| ||||||||
foreign exchange on loans and derivative financial instruments | -6,538,000 | 22,601,000 | -19,664,000 | 30,664,000 | ||||
equity | -734,000 | |||||||
write-off and reversals for impairment - inventories | -37,498,000 | -13,798,000 | -45,223,000 | -17,061,000 | ||||
interest expense | 651,496,000 | 139,456,000 | 194,883,000 | 497,797,000 | 288,722,000 | |||
provisions for tax, labor, civil, regulatory claims, amounts to be refunded to customers and provision for fines for canceling lease agreements | ||||||||
payment for acquisition of investments and capital contribution in subsidiary | ||||||||
cash received from sale of investments | 116,411,000 | 10,000 | ||||||
redemption of applications in guarantees | 13,575,000 | |||||||
monetary variation from assets and liabilities | ||||||||
gain from disposal of investments and fixed assets | ||||||||
cash paid for acquisition of companies, net of cash acquired | ||||||||
redemption net of judicial deposits | 798,233,000 | |||||||
payment of loans, financing, debentures and leases | -5,297,688,000 | -963,958,000 | -752,865,000 | |||||
write-off and reversals for impairment – inventories | 6,508,000 | |||||||
monetary losses | 88,902,000 | 100,494,000 | 801,912,000 | 170,393,000 | ||||
equity pickup | -48,029,000 | -87,400,000 | 5,847,000 | -161,858,000 | ||||
loss (gains) on write-off/sale of assets | -105,133,000 | -26,781,000 | ||||||
provision for impairment - accounts receivable | 450,782,000 | |||||||
others | -1,475,000 | -68,207,000 | -1,148,000 | |||||
additions to pp&e and intangible assets and others | -2,126,995,000 | -2,107,611,000 | ||||||
cash received from sale of pp&e items | 652,175,000 | 3,720,000 | 9,053,000 | 15,493,000 | ||||
redemption of (increase in) judicial deposits | -25,033,000 | 14,192,000 | 2,832,062,000 | -148,070,000 | ||||
net cash (used in) generated by investing activities | -1,499,853,000 | -2,089,699,000 | -5,676,333,000 | |||||
received for derivative financial instruments | 16,360,000 | 45,003,000 | ||||||
payment of derivative financial instruments | -23,721,000 | -25,328,000 | -23,029,000 | |||||
cash and cash equivalents at the beginning of the period | 3,106,269,000 | 3,275,300,000 | ||||||
cash and cash equivalents at the end of the period | 5,158,032,000 | 3,940,134,000 | ||||||
benefit from impairment - accounts receivable | 414,818,000 | 1,533,660,000 | 327,248,000 | |||||
dividends and interest on equity received | ||||||||
losses (gains) on write-off/sale of assets | -63,881,000 | |||||||
net cash (used in) generated by operating activities | 11,941,427,000 | |||||||
payment of loans, financing and debentures | -2,893,219,000 | -572,573,000 | ||||||
loans and financing raised | ||||||||
received of derivative financial instruments | 181,117,000 | |||||||
payment for reverse split of shares | ||||||||
treasury shares | ||||||||
net cash (used in) generated by financing activities | -6,934,104,000 | |||||||
amendments to ifrs 2 | ||||||||
amendments to ifrs 4 | ||||||||
amendments to ias 40 | ||||||||
ifric 22 | ||||||||
improvements to ifrs standards | 2,014,000 | |||||||
ajustement of: | ||||||||
decrease divestiture | ||||||||
decrease customer loyalty program | ||||||||
cash paid for acquisition of companies | ||||||||
cash and cash equivalents by incorporation | ||||||||
increase divestiture | ||||||||
increase customer loyalty program | ||||||||
net payment of derivative contracts on acquisition of gvt | ||||||||
capital increase | ||||||||
direct capital increase costs | ||||||||
payment to dissenters' rights - shareholders | ||||||||
operating activities | ||||||||
expenses (revenues) not representing changes in cash: | ||||||||
foreign exchange losses (gains) on loans and derivative financial instruments | 9,031,000 | |||||||
losses (gains) on write-off/sale of goods | -4,992,000 | |||||||
provision of trade accounts payable | 119,111,000 | |||||||
working capital adjustments: | ||||||||
other current assets | 101,623,000 | -100,430,000 | ||||||
other noncurrent assets | -10,077,000 | -65,150,000 | ||||||
other current liabilities | -1,130,169,000 | -139,005,000 | ||||||
other non-current liabilities | -169,216,000 | |||||||
total cash generated by operating activities | 1,324,898,000 | |||||||
investing activities | ||||||||
additions to pp&e, intangible assets | -1,759,945,000 | |||||||
total cash from investing activities | -1,892,522,000 | |||||||
financing activities | ||||||||
funding from the issuance of debentures | 2,000,000,000 | |||||||
received from derivative financial instruments | 31,253,000 | |||||||
total cash generated by (used in) financing activities | 1,435,341,000 | |||||||
cash and cash equivalents at end of the period | 5,543,344,000 | |||||||
changes in cash and cash equivalents for the period | 867,717,000 | |||||||
region 2 | ||||||||
region 3 | ||||||||
operating activities: | ||||||||
net cash from operating activities | ||||||||
capital expenditures | ||||||||
free cash flows | ||||||||
investing activities: | ||||||||
financing activities: | ||||||||
cash and cash equivalents at beginning of year | 1,597,606,000 | |||||||
cash and cash equivalents at end of year | 798,964,000 | |||||||
total cash generated by (used in) investing activities | ||||||||
additions to pp&e and intangible assets | ||||||||
cash received from divestitures | ||||||||
redemption of (investments in) investments in guarantee | ||||||||
dividend and interest on equity received | ||||||||
total cash from (generated by) financing activities | ||||||||
loans and debentures raised | ||||||||
payment net of derivative agreements | ||||||||
acquisition of noncontrolling interest | ||||||||
repurchase of treasury stock | ||||||||
changes in cash and cash equivalents for the year | ||||||||
net income for the year | 1,027,891,000 | |||||||
adjustments due to: | ||||||||
average interest rate | ||||||||
unrealized foreign exchange variations for loans and financing | ||||||||
benefit from income tax and social contribution | ||||||||
deferred income tax and social contribution | ||||||||
icms provision | ||||||||
stock option plan — vivendi | ||||||||
benefit from contingencies | ||||||||
allowance for doubtful accounts | ||||||||
adjustment to present value | ||||||||
dismantling cost | ||||||||
income from the sale of property, plant and equipment | ||||||||
increase in accounts receivable — clients | ||||||||
decrease (increase) in recoverable taxes - current and non-current | ||||||||
increase in prepaid expenses — current and non-current | ||||||||
increase in other credits - current and non-current | ||||||||
increase in suppliers | ||||||||
increase in social security and tax obligations | ||||||||
income tax and social contribution paid in the period | ||||||||
decrease in interconnection payable (“detraf”) - current and non-current | ||||||||
decrease in deferred value-added tax (“icms”) - current and non-current | ||||||||
decrease in benefit from contingencies - current and non-current | ||||||||
increase in other accounts payable - current and non-current | ||||||||
interest received | ||||||||
cash flow from investment activities | ||||||||
acquisitions of property, plant and equipment and intangible assets | ||||||||
sale of property, plant and equipment | ||||||||
net cash from investment activities | ||||||||
cash flow from financing activities | ||||||||
interest paid on loans and financing | ||||||||
loans and financing obtained from third parties and related parties | ||||||||
payment of loans and financing | ||||||||
statement of variations in cash and cash equivalents | ||||||||
opening balance of cash and cash equivalents | ||||||||
closing balance in cash and cash equivalents | ||||||||
cash generated by operating activities | ||||||||
items not affecting cash | ||||||||
expenses (revenues) not representing changes in cash | ||||||||
foreign exchange losses on loans | ||||||||
losses on write-off/sale of goods | ||||||||
provision (reversal) of trade accounts payable | ||||||||
provision (write-offs and reversals of) for impairment – inventories | ||||||||
pension plans and other post-employment benefits | ||||||||
provisions for tax, labor, civil and regulatory contingencies | ||||||||
provision for (reversal of) divestiture | ||||||||
provisions for customer loyalty program | ||||||||
decrease in operating assets: | -285,073,000 | |||||||
increase in operating liabilities: | -134,380,000 | |||||||
other noncurrent liabilities | -6,771,000 | |||||||
cash generated by (used in) investing activities | ||||||||
future capital contribution in subsidiaries | ||||||||
cash and cash equivalents from consolidation of companies | ||||||||
cash and cash equivalents through business combination | ||||||||
cash from (generated by) financing activities | ||||||||
cash flows from operations | ||||||||
income before income tax and social contribution | ||||||||
items that do not affect cash | ||||||||
expenses (revenues) not affecting cash | 1,409,344,000 | |||||||
exchange variations from loans | ||||||||
monetary variations | ||||||||
(gain)/ income from equity in earnings of associates | ||||||||
gain on permanent asset disposals | 5,891,000 | |||||||
benefit from (reversal of) trade accounts payable | ||||||||
benefit from (write-offs and reversal of) impairment of inventories | ||||||||
pension and other post-retirement benefits plans | ||||||||
tax, civil and labor provisions | ||||||||
benefit from dismantling costs | ||||||||
benefit from loyalty program | ||||||||
increase in operating assets | ||||||||
increase in operating liabilities | ||||||||
payroll and related accruals | -987,000 | |||||||
taxes other than income taxes | -82,836,000 | |||||||
cash from operations | 2,017,782,000 | |||||||
cash flows generated from (used in) investing activities | ||||||||
capital increase in subsidiaries and associates | ||||||||
acquisition of fixed and intangible assets, net of grants | ||||||||
cash from sales of fixed assets | ||||||||
cash from sales of investment | ||||||||
dividends and interest on shareholder’s equity received | ||||||||
cash and cash equivalents from business combination | ||||||||
cash from investing activities | -1,382,835,000 | |||||||
cash flows generated from (used in) financing activities | ||||||||
loans paid | ||||||||
new loans obtained | ||||||||
net payment on derivatives contracts | 45,123,000 | |||||||
dividends and interest on shareholders’ equity paid | -1,162,241,000 | |||||||
acquisition of non-controlling interest | ||||||||
repurchase of shares | ||||||||
cash from financing activities | -1,433,589,000 | |||||||
changes in cash during the year | -798,642,000 | |||||||
loss from equity in earnings of associates | ||||||||
provision for dismantling costs | ||||||||
provision for loyalty program | ||||||||
decrease in operating assets | ||||||||
accounts payable and accrued expenses | -27,735,000 | |||||||
cash flows generated from investing activities | ||||||||
cash flows generated from financing activities | ||||||||
monetary and exchange variations | -44,780,000 | |||||||
(gain) income from equity in earnings of associates | ||||||||
(gain) loss on permanent asset disposals | ||||||||
benefit from doubtful accounts | ||||||||
trade accounts receivable,net | ||||||||
cash received from sales of investment | ||||||||
equity in earnings in affiliates | ||||||||
(gain ) loss on permanent asset disposals | ||||||||
amortization of goodwill | ||||||||
pension and other post-retirement benefits plans, net of funding | ||||||||
accrued interest | -10,158,000 | |||||||
income and social contribution taxes | 183,194,000 | |||||||
reserve for contingencies | -50,082,000 | |||||||
cash from operating activities | ||||||||
acquisition of subsidiary, net of cash acquired | ||||||||
acquisition of fixed and intangible assets, net of donations | -1,034,376,000 | |||||||
cash from sales of fixed assets and investment | 1,541,000 | |||||||
cash received on merger | ||||||||
loans repaid | -316,471,000 | |||||||
cash received on derivatives contracts | ||||||||
cash paid on derivatives contracts | ||||||||
increase cash and cash equivalents | ||||||||
loss from equity pick-up in subsidiaries | 42,045,000 | |||||||
provision for doubtful accounts | 222,543,000 | |||||||
pension and other post-retirement benefits plans, net of | ||||||||
funding | 5,561,000 | |||||||
advance for future share acquisition | -350,000,000 | |||||||
decrease in cash and cash equivalents | -798,642,000 |