This excerpt taken from the PBR 20-F filed May 22, 2009.
FASB FSP SFAS 140-4 and FIN 46(R)-8
In December 2008, the FASB issued FSP SFAS 140-4 and FIN 46(R)-8, Disclosures About Transfers of Financial Assets and Interest in Variable Interest Entities (SFAS 140-4 and FIN 46(R)-8). This FSP requires additional disclosures about an entitys involvement with a variable interest entity (VIE) and certain transfers of financial assets to special-purpose entities and VIEs. This FSP requires the methodology for determining whether the company is the primary beneficiary of a VIE, whether it has provided financial or other support the company is not contractually required to provide, and other qualitative and quantitative information. We did not have any transfers of financial assets within the scope of this FSP. This FSP was effective December 31, 2008, and the additional disclosures related to VIEs have been incorporated into Note 14 of our consolidated financial statements.