GERDAU S.A. | CIK:0001073404 | 3

  • Filed: 4/3/2018
  • Entity registrant name: GERDAU S.A. (CIK: 0001073404)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/0001104659-18-022121-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/ggb-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001073404
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory

     

    Financial assets and liabilities of the Company, measured at fair value on a recurring basis and subject to disclosure requirements of IFRS 7 as of December 31, 2017, are as follows:

     

     

     

     

    Fair Value Measurements at Reporting Date Using

     

     

     

     

     

     

     

    Quoted Prices Active Markets for
    Identical Assets (Level 1)

     

    Quoted Prices in Non-Active
    Markets for Similar Assets
    (Level 2)

     

     

     

    2017

     

    2016

     

    2017

     

    2016

     

    2017

     

    2016

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Current assets

     

     

     

     

     

     

     

     

     

     

     

     

     

    Cash and cash equivalents

     

    2,555,338

     

    5,063,383

     

    —

     

    —

     

    2,555,338

     

    5,063,383

     

    Short-term investments - Held for Trading

     

    821,518

     

    1,024,411

     

    238,008

     

    458,639

     

    583,510

     

    565,772

     

    Trade Accounts receivable

     

    2,798,420

     

    3,576,699

     

    —

     

    —

     

    2,798,420

     

    3,576,699

     

    Unrealized gains on financial instruments

     

    —

     

    2,557

     

    —

     

    —

     

    —

     

    2,557

     

    Other current assets

     

    469,737

     

    668,895

     

    —

     

    —

     

    469,737

     

    668,895

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Non-current assets

     

     

     

     

     

     

     

     

     

     

     

     

     

    Related parties

     

    51,839

     

    57,541

     

    —

     

    —

     

    51,839

     

    57,541

     

    Unrealized gains on financial instruments

     

    —

     

    10,394

     

    —

     

    —

     

    —

     

    10,394

     

    Judicial deposits

     

    2,051,181

     

    1,861,784

     

    —

     

    —

     

    2,051,181

     

    1,861,784

     

    Other non-current assets

     

    542,973

     

    447,260

     

    —

     

    —

     

    542,973

     

    447,260

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    9,291,006

     

    12,712,924

     

    238,008

     

    458,639

     

    9,052,998

     

    12,254,285

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Current liabilities

     

     

     

     

     

     

     

     

     

     

     

     

     

    Trade accounts payable

     

    3,179,954

     

    2,743,818

     

    —

     

    —

     

    3,179,954

     

    2,743,818

     

    Short-term debt

     

    2,004,341

     

    4,458,220

     

    —

     

    —

     

    2,004,341

     

    4,458,220

     

    Unrealized losses on financial instruments

     

    —

     

    6,584

     

    —

     

    —

     

    —

     

    6,584

     

    Other current liabilities

     

    625,410

     

    514,599

     

    —

     

    —

     

    625,410

     

    514,599

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Non-current liabilities

     

     

     

     

     

     

     

     

     

     

     

     

     

    Long-term debt

     

    14,457,315

     

    15,959,590

     

    —

     

    —

     

    14,457,315

     

    15,959,590

     

    Debentures

     

    47,928

     

    165,423

     

    —

     

    —

     

    47,928

     

    165,423

     

    Unrealized losses on financial instruments

     

    1,267

     

    —

     

    —

     

    —

     

    1,267

     

    —

     

    Obligations with FIDC

     

    1,135,077

     

    1,007,259

     

    —

     

    —

     

    1,135,077

     

    1,007,259

     

    Other non-current liabilities

     

    653,670

     

    401,582

     

    —

     

    —

     

    653,670

     

    401,582

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    22,104,962

     

    25,257,075

     

    —

     

    —

     

    22,104,962

     

    25,257,075