PBR » Topics » 2.14 Non operating income and expenses

This excerpt taken from the PBR 6-K filed Jun 8, 2009.

2.14 Non operating income and expenses

Non-operating income and expenses were extinguished as from financial year 2008, due to the amendments to Law 6.404/76 by Provisional Measure 449/08. However, the balances resulting from the disposal and write-off of assets of a permanent nature were reclassified to other operating income and expenses, while the balances resulting from capital gains and losses in investments were reclassified to results from interests in investments.

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

3.15 Non operating income and expenses

Non-operating income and expenses were extinguished as from financial year 2008 due to the amendments to Law 6404/76 by Provisional Measure 449/08. However, the existing balances as of December 31, 2008 and 2007, resulting from the permanent disposal and write-off of assets, were reclassified to other operating income and expenses, with the exception of the balances resulting from capital gains and losses in investments, which were reclassified to results from stakeholdings in investments.

EXCERPTS ON THIS PAGE:

6-K
Jun 8, 2009
6-K
Mar 31, 2009
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