Vale S.A. | CIK:0000917851 | 3

  • Filed: 4/13/2018
  • Entity registrant name: Vale S.A. (CIK: 0000917851)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/917851/000104746918002777/0001047469-18-002777-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/917851/000104746918002777/vale-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000917851
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  • ifrs-full:DisclosureOfProvisionsExplanatory

     

    25.        Provisions

     

     

    Current liabilities

     

    Non-current liabilities

     

     

     

    December 31, 2017

     

    December 31, 2016

     

    December 31, 2017

     

    December 31, 2016

     

    Payroll, related charges and other remunerations (i)

     

    1,101

     

    725

     

    —

     

    —

     

    Onerous contracts (note 19)

     

    102

     

    101

     

    364

     

    473

     

    Environment Restoration

     

    30

     

    10

     

    79

     

    111

     

    Asset retirement obligations (note 26)

     

    87

     

    47

     

    3,081

     

    2,472

     

    Provisions for litigation (note 27)

     

    —

     

    —

     

    1,473

     

    839

     

    Employee postretirement obligations (note 28)

     

    74

     

    69

     

    2,030

     

    1,853

     

     

     

     

     

     

     

     

     

     

     

    Provisions

     

    1,394

     

    952

     

    7,027

     

    5,748

     

     

     

     

     

     

     

     

     

     

     

     

    (i)   Includes profit sharing provision US$780 and US$331 for the year ended December 31, 2017 and 2016, respectively.