| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income for the year | ||||||
30,463 | 35,862 | 31,620 | ||||
Adjustments to reconcile net income for the year to net cash flows from operating activities: | ||||||
Share-based compensation expense (note 22) | ||||||
12,865 | 3,620 | 2,382 | ||||
Current income tax (note 7.1) | ||||||
14,053 | 15,057 | 19,522 | ||||
Deferred income tax (note 7.1) | ||||||
-5,972 | -730 | -1,102 | ||||
Depreciation of property and equipment | ||||||
9,053 | 6,290 | 5,872 | ||||
Amortization of intangible assets | ||||||
7,075 | 4,628 | 3,429 | ||||
Impairment of intangible assets (note 4.12) | ||||||
4,708 | 0 | 0 | ||||
Allowance for doubtful accounts (note 5.2) | ||||||
-5 | 928 | 205 | ||||
Allowance for claims and lawsuits (note 19) | ||||||
527 | 999 | 237 | ||||
Gain on remeasurement of contingent consideration (note 27.10.1) | ||||||
-6,735 | -418 | 0 | ||||
Gain from bargain business combination (note 23) | ||||||
0 | 225 | 625 | ||||
Gain on remeasurement of valuation of call and put option over non-controlling interest (note 27.10.2) | ||||||
-1,726 | -2,981 | 0 | ||||
Accrued interest | ||||||
404 | 757 | 880 | ||||
Allowance for impairment of tax credits, net of recoveries | ||||||
1,586 | 0 | -1,820 | ||||
Gain on transactions with bonds (note 3.17) | ||||||
0 | 0 | 19,102 | ||||
Net gain arising on financial assets classified held-for-trading (note 6) | ||||||
-303 | -653 | -13,453 | ||||
Net gain arising on financial assets classified held-to-maturity (note 6) | ||||||
0 | 0 | -4,941 | ||||
Net gain arising on financial assets classified as available for sale (note 6) | ||||||
-240 | -6,325 | 0 | ||||
Exchange differences | ||||||
2,645 | 5,959 | 10,136 | ||||
Net increase in trade receivables | ||||||
-25,599 | -5,847 | -6,525 | ||||
Net decrease (increase) in other receivables | ||||||
1,240 | -17,067 | -32,121 | ||||
Net increase (decrease) in trade payables | ||||||
4,341 | -1,219 | 1,386 | ||||
Net increase in payroll and social security taxes payable | ||||||
7,576 | 3,316 | 6,850 | ||||
Net (decrease) increase in tax liabilities | ||||||
-700 | -1,846 | 2,752 | ||||
Net decrease in other liabilities | ||||||
0 | -9 | -237 | ||||
Utilization of provision for contingencies (note 19) | ||||||
-1,320 | -400 | -91 | ||||
Cash provided by operating activities | ||||||
53,936 | 39,696 | 5,254 | ||||
Income tax paid | ||||||
11,383 | 8,216 | 10,569 | ||||
Proceeds received from reimbursement of income tax | ||||||
436 | 0 | 0 | ||||
Net cash provided by (used in) operating activities | ||||||
42,989 | 31,480 | -5,315 | ||||
Cash flows from (used in) investing activities [abstract] | ||||||
Acquisition of property and equipment | ||||||
19,605 | 17,660 | 13,595 | ||||
Proceeds from disposals of property and equipment | ||||||
468 | 50 | 88 | ||||
Acquisition of intangible assets | ||||||
8,447 | 6,374 | 4,222 | ||||
(Payments) proceeds related to forward contracts | ||||||
579 | 1,126 | -7,152 | ||||
Acquisition of held-for-trading investments | ||||||
137,788 | 220,391 | 122,087 | ||||
Proceeds from held-for-trading investments | ||||||
140,144 | 222,759 | 128,822 | ||||
Acquisition of held-to-maturity investments | ||||||
0 | 0 | 96,601 | ||||
Proceeds from held-to-maturity investments | ||||||
0 | 0 | 98,156 | ||||
Acquisition of available-for-sale investments | ||||||
13,824 | 201,931 | 0 | ||||
Proceeds from available-for-sale investments | ||||||
13,176 | 219,924 | 0 | ||||
Payments to acquire investments in associates | ||||||
469 | 500 | 0 | ||||
Acquisition of bonds | ||||||
0 | 0 | 46,788 | ||||
Proceeds from sale of bonds | ||||||
0 | 0 | 65,890 | ||||
Acquisition of business, net of cash (note 23) | ||||||
19,149 | 16,584 | 10,569 | ||||
Seller financing | ||||||
11,461 | 6,166 | 715 | ||||
Net cash (used in) provided by investing activities | ||||||
-57,534 | -27,999 | 5,531 | ||||
Cash flows from financing activities | ||||||
Proceeds from issuing other equity instruments | ||||||
5,296 | 1,863 | 2,236 | ||||
Proceeds from subscription agreement (note 29.1) | ||||||
5,695 | 6,420 | 900 | ||||
Repayment of borrowings (note 25) | ||||||
16,198 | 543 | 505 | ||||
Proceeds from borrowings (note 25) | ||||||
22,000 | 0 | 0 | ||||
Convertible notes (note 21.2) | ||||||
100 | 0 | - | ||||
Cash provided by financing activities | ||||||
16,693 | 7,740 | 2,631 | ||||
Interest paid (note 25) | ||||||
95 | 41 | 633 | ||||
Net cash provided by financing activities | ||||||
16,598 | 7,699 | 1,998 | ||||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-60 | 2,632 | 311 | ||||
Increase in cash and cash equivalents | ||||||
1,993 | 13,812 | 2,525 | ||||
Supplemental Information [Abstract] | ||||||
Less: cash and cash equivalents acquired | ||||||
-2,151 | -2,941 | -157 | ||||