BRF (BRFS) 20-F 30 Apr 19 2018 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2018shares
Document And Entity Information
Entity Registrant Name	BRF S.A.
Entity Central Index Key	0001122491
Document Type	20-F
Document Period End Date	Dec. 31, 2018
Trading Symbol	BRF
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	Yes
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	812,473,246
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	R$ 4869.6	R$ 6010.8
Marketable securities	507	228.4
Trade accounts receivable, net	2,604.9	3,919
Notes receivable	115.1	113.1
Interest on shareholders' equity receivable	7.3	6.2
Inventories	3,877.3	4,948.2
Biological assets	1,513.1	1,510.5
Recoverable taxes	560.4	728.9
Income and social contribution tax recoverable	506.5	499.3
Derivative financial instruments	182.4	90.5
Restricted cash	277.3	127.8
Other current assets	683.7	961.1
Total current assets	15,704.6	19,143.8
Assets held for sale	3,326.3	41.6
Total current assets	19,030.9	19,185.4
NON-CURRENT ASSETS
Marketable securities	290.6	568.8
Trade accounts receivable, net	8	6.3
Notes receivable	89	116.4
Recoverable taxes	3,142.5	2,418.2
Income and social contribution tax recoverable	7.2	20
Deferred income and social contribution taxes	1,519.7	1,369.4
Judicial deposits	669.1	688.9
Biological assets	1,061.3	903.7
Restricted cash	584.3	407.8
Other non-current assets	177.4	87.2
Investments	86	68.2
Property, plant and equipment, net	10,697	12,190.6
Intangible assets	5,019.4	7,197.6
Total non-current assets	23,351.5	26,043.1
TOTAL ASSETS	42,382.4	45,228.5
CURRENT LIABILITIES
Short-term debt	4,547.4	5,031.4
Trade accounts payable	5,552.4	6,445.5
Supply chain finance	885.8	715.2
Payroll and related charges	555	635.1
Tax payable	403	426
Interest on shareholders' equity payable	6.2	1.9
Employee and management profit sharing	63.7	95.9
Derivative financial instruments	235	299.5
Provision for tax, civil and labor risks	495.6	536.1
Pension and other post-employment plans	94.7	85.2
Other current liabilities	518.3	602.6
Current liabilities	13,357.1	14,874.4
Liabilities directly associated with the assets held for sale	1,131.5	0
Total current liabilities	14,488.6	14,874.4
NON-CURRENT LIABILITIES
Long-term debt	17,618.1	15,413
Trade accounts payable	179.8	196.8
Tax payable	162.2	171.2
Provision for tax, civil and labor risks	854.7	1,237.1
Deferred income and social contribution taxes	65.8	155.3
Employee benefits plans	373.4	343.1
Other non-current liabilities	1,108	1,124.8
Total non-current liabilities	20,362	18,641.3
EQUITY
Capital	12,460.5	12,460.5
Capital reserves	115.3	115.1
Income reserves	0	101.4
Accumulated losses	(4,279)	0
Treasury shares	(56.7)	(71.5)
Accumulated other comprehensive loss	(1,275.5)	(1,405.2)
Equity attributable to interest of controlling shareholders	6,964.6	11,200.3
Equity attributable to non-controlling interest	567.2	512.5
Total shareholders' equity	7,531.8	11,712.8
TOTAL LIABILITIES AND EQUITY	R$ 42382.4	R$ 45228.5

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (LOSS) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CONTINUING OPERATIONS
NET SALES	R$ 30188.4	R$ 28314.1	R$ 27883.9
Cost of sales	(25,320.7)	(22,601.2)	(20,934)
GROSS PROFIT	4,867.7	5,712.9	6,949.9
OPERATING INCOME (EXPENSES)
Selling expenses	(4,513.6)	(4,208.7)	(4,521.2)
General and administrative expenses	(551.1)	(462.5)	(442.6)
Impairment loss on trade and other receivables	(46.3)	(67.5)	(53.5)
Other operating income (expenses), net	19.3	(333.4)	1
Income from associates and joint ventures	17.7	22.4	29.3
INCOME (LOSS) BEFORE FINANCIAL RESULTS AND INCOME TAXES	(206.3)	663.2	1,962.9
Financial expenses	(3,891.1)	(3,445.5)	(4,277.4)
Financial income	1,649.6	1,563.7	2,336.5
INCOME (LOSS) BEFORE TAXES FROM CONTINUED OPERATIONS	(2,447.8)	(1,218.6)	22
Current income taxes	(6.8)	41.2	(148.8)
Deferred income taxes	340.1	210.6	15.8
LOSS FROM CONTINUED OPERATIONS	(2,114.5)	(966.8)	(111)
DISCONTINUED OPERATIONS
LOSS FROM DISCONTINUED OPERATIONS	(2,351.7)	(132.1)	(256.3)
LOSS FOR THE YEAR	(4,466.2)	(1,098.9)	(367.3)
Attributable to
Controlling shareholders	(2,115)	(984.3)	(107.8)
Non-controlling interest	0.5	17.5	(3.2)
LOSS FROM CONTINUED OPERATIONS	(2,114.5)	(966.8)	(111)
Attributable to
Controlling shareholders	(2,333.1)	(141.3)	(264.5)
Non-controlling interest	(18.6)	9.2	8.2
LOSS FROM DISCONTINUED OPERATIONS	R$ 2351.7	R$ 132.1	R$ 256.3
LOSSES PER SHARE FROM CONTINUED OPERATIONS
Weighted average shares outstanding - basic	811,294,251	803,559,763	801,903,266
Losses per share - basic	R$ 2.60691	R$ 1.22486	R$ 0.13442
Weighted average shares outstanding - diluted	811,294,251	803,559,763	801,903,266
Losses per share - diluted	R$ 2.60691	R$ 1.22486	R$ 0.13442
LOSSES PER SHARE FROM DISCONTINUED OPERATIONS
Weighted average shares outstanding - basic	811,294,251	803,559,763	801,903,266
(Losses) earnings per share - basic	R$ 2.87577	R$ 0.17588	R$ 0.32996
Weighted average shares outstanding - diluted	811,294,251	803,559,763	801,903,266
(Losses) earnings per share - diluted	R$ 2.87577	R$ 0.17588	R$ 0.32996

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements Of Comprehensive Income
Loss for the year	R$ 4466.2	R$ 1098.9	R$ 367.3
Other comprehensive income (loss)
Gain (loss) on foreign currency translation adjustments	84.4	33.3	(670.9)
Losses on marketable securities at FVTOCI	(127)	(41.7)	(31)
Taxes on unrealized losses on marketable securities at FVTOCI	20.8	11.5	13.5
Unrealized gains (losses) on cash flow hedge	264.3	0	820
Taxes on unrealized gain (loss) on cash flow hegde	(88.3)	3.7	(272.7)
Net other comprehensive income (loss), to be reclassified to the statement of income in subsequent periods	154.2	6.8	(141.1)
Actuarial gains on pension and post-employment plans	1.5	1.5	7
Taxes on realized gains on pension and post-employment plans	(1.2)	0	(2.4)
Net other comprehensive income (loss), with no impact into subsequent statement of income	0.3	1.5	4.6
Total comprehensive income (loss), net	(4,311.7)	(1,090.6)	(503.8)
Attributable to
Controlling shareholders	(4,363.8)	(1,223.7)	(564.1)
Non-controlling interest	52.1	133.1	60.3
Total comprehensive (loss) income	R$ 4311.7	R$ 1090.6	R$ 503.8

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - BRL (R$) R$ in Millions	Paid-in capital [Member]	Capital Reserve [Member]	Treasury Shares [Member]	Legal reserve [Member]	Reserve for expansion [Member]	Reserve for capital increases [Member]	Reserve for tax incentives [Member]	Acumulated foreign currency translation adjustments [Member]	Available for sale marketable securities [Member]	Gain (losses) on cash flow hedge [Member]	Actuarial gains (losses) [Member]	Retained earnings (losses) [Member]	Total equity [Member]	Non-controlling interest [Member]	Total
BALANCES AT BEGINNING at Dec. 31, 2015	R$ 12460.5	R$ 7.0	R$ 3947.9	R$ 540.2	R$ 3120.8	R$ 1898.6	R$ 517.2	R$ 32.3	R$ 8.5	R$ 1123.2	R$ 19.9		R$ 13516.8	R$ 319.1	R$ 13836.0
Gain (loss) on foreign currency translation adjustments								(726.1)					(726.1)	55.3	(670.9)
Unrealized gain (loss) in available for sale marketable securities									(17.5)				(17.5)		(17.5)
Unrealized gain (loss) in cash flow hedge										547.3			547.3		547.3
Actuarial gains (losses) on pension and post-employment plans											(14.5)	19.1	4.6		4.6
Net profit (loss) for the year												(372.4)	(372.4)	5	(367.3)
SUB-TOTAL COMPREHENSIVE INCOME								(726.1)	(17.5)	547.3	(14.5)	(353.3)	(564.1)	60.3	(503.8)
Dividends outstanding share at the end of year					(98.2)								(98.2)		(98.2)
Interest on shareholders' equity outstanding share at the end of year						(513.2)							(513.2)		(513.2)
Loss absorbing with future capital increase						(475.8)						475.8
Reserve for tax incentives							122.6					(122.6)
Share-based payments		75.8											75.8		75.8
Losses on shares sold		(1.6)											(1.6)		(1.6)
Valuation of shares		(7.8)											(7.8)		(7.8)
Options forfeited		(32.4)											(32.4)		(32.4)
Treasury shares acquired			(543.3)										(543.3)		(543.3)
Treasury shares sold			8										8		8
Treasury Shares Canceled			3,761.3		(3,022.6)	(738.8)
BALANCES AT END at Dec. 31, 2016	12,460.5	41	(721.9)	540.2		170.8	639.8	(693.8)	(26)	(575.9)	5.4	(0.1)	11,840	379.4	12,219.4
Gain (loss) on foreign currency translation adjustments								(73.1)					(73.1)	106.5	33.3
Unrealized gain (loss) in available for sale marketable securities									(30.3)				(30.3)		(30.3)
Unrealized gain (loss) in cash flow hedge										3.7			3.7		3.7
Actuarial gains (losses) on pension and post-employment plans											(15.2)	16.8	1.6		1.6
Net profit (loss) for the year												(1,125.6)	(1,125.6)	26.7	(1,098.9)
SUB-TOTAL COMPREHENSIVE INCOME								(73.1)	(30.3)	3.7	(15.2)	(1,108.8)	(1,223.7)	133.2	(1,090.6)
Loss absorbed by with legal reserve				(438.8)								438.8
Loss absorbing with future capital increase						(30.3)						30.3
Reserve for tax incentives							(639.8)					639.8
Share-based payments		25.6											25.6		25.6
Acquisition of non-controlling interest		48.5											48.5		48.5
Treasury shares sold			650.4										650.4		650.4
Losses in Treasury Shares Sold						(140.5)							(140.5)		(140.5)
BALANCES AT END at Dec. 31, 2017	12,460.5	115.1	(71.5)	101.4				(766.9)	(56.3)	(572.2)	(9.8)		11,200.3	512.6	11,712.8
Adoption of IFRS 9												(17.1)	(17.1)	2.5	(14.6)
Restatement by hyperinflation												130.2	130.2		130.2
Gain (loss) on foreign currency translation adjustments								14.1					14.1	70.3	84.4
Unrealized gain (loss) in available for sale marketable securities									(42.2)				(42.2)		(42.2)
Unrealized gain (loss) in cash flow hedge										176			176		176
Actuarial gains (losses) on pension and post-employment plans											(18.2)	18.5	0.3		0.3
Realized loss in marketable securities at FVTOCI												(64)	(64)		(64)
Net profit (loss) for the year												(4,448)	(4,448)	(18.2)	(4,466.2)
SUB-TOTAL COMPREHENSIVE INCOME								14.1	(42.2)	176	(18.2)	(4,493.5)	(4,363.8)	52.1	(4,311.7)
Loss absorbed by with legal reserve				(101.4)								101.4
Share-based payments		0.5	14.8										15.3		15.3
Loss on changes in ownership interest - controlled entities		(0.2)											(0.2)		(0.2)
BALANCES AT END at Dec. 31, 2018	R$ 12460.5	R$ 115.4	R$ 56.7	R$ 0.0				R$ 752.8	R$ 98.5	R$ 396.2	R$ 28.0	R$ 4279.0	R$ 6964.6	R$ 567.2	R$ 7531.8

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2016R$ / shares
Statement of changes in equity [abstract]
Outstanding dividend per share	R$ 0.121749293
Interest on shareholders equity per share	R$ 0.642347435

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OPERATING ACTIVITIES
Loss from continued operations	R$ 2114.5	R$ 966.8	R$ 111.0
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization	962.7	895.5	751.7
Depreciation and depletion of biological assets	784.5	736.8	658
Loss (gain) on disposals of property, plant and equipments	51	8.4	(33.7)
Gain in business combination	0	0	(59.6)
Provision for losses in inventories	352.2	224.7	70.7
Provision for tax, civil and labor risks	214.4	443.3	398.8
Tax Amnesty Program ("PERT")	0	(449.8)	0
Income (loss) from associates and joint ventures	(17.7)	(22.4)	(29.3)
Financial results, net	2,241.5	1,881.8	1,300.2
Deferred income tax	(340.1)	(210.6)	(15.9)
Other	176.7	244.9	260.4
Cash flow provided by operating activities before working capital	2,310.7	2,785.8	3,190.4
Trade accounts receivable	992.5	(682.1)	199.9
Inventories	(226)	35.2	(728.1)
Biological assets - current assets	(50.1)	224.9	(301.3)
Trade accounts payable	(1,051.3)	1,085.3	644.7
Supply chain finance	170.9	(621.3)	1,335.6
Cash generated by operating activities	2,146.7	2,827.8	4,341.2
Changes in operating assets and liabilities
Investments in securities at FVTPL	(273.7)	7.6	(210.6)
Redemptions of securities at FVTPL	143.7	53.3	218.7
Interest received	177.3	405.5	186.1
Interest on shareholders' equity received	3.6	26.8	41.1
Payment of tax, civil and labor risks	(355.6)	(509.3)	(401)
Interest paid	(1,147.4)	(1,323.3)	(786.1)
Payment of income tax and social contribution	(0.7)	(37.1)	(7.1)
Other assets and liabilities	(265.5)	(781.5)	(1,044.9)
Net cash provided by operating activities	428.4	669.8	2,337.4
Net cash provided by operating activities from discontinued operations	(132.7)	(20.4)	(516.3)
Net cash provided by operating activities	295.7	649.4	1,821.1
INVESTING ACTIVITIES
Investments in securities at amortized cost	(213.7)	(97.6)	(172.9)
Redemptions of securities at amortized cost	179.7	118.6	0
Investments in securities at FVTOCI	(5.2)	0	(66.7)
Redemptions of securities at FVTOCI	140.9	238.3	91.5
Redemptions of (investments in) restricted cash	(249.4)	74.7	1,258
Additions to property, plant and equipment	(578)	(681.2)	(1,114)
Additions to biological assets - non-current assets	(845.3)	(681.7)	(743.4)
Proceeds from disposals of property, plant and equipment	261.5	150.3	309.6
Additions to intangible assets	(20.5)	(51)	(62.1)
Business combination, net of cash acquired	0	(1,119.6)	(793.7)
Sale (Acquisition) of participation in joint ventures and associates	3.3	(1.2)	(1.2)
Net cash used in investing activities	(1,326.7)	(2,050.4)	(1,294.9)
Net cash used in investing activities from discontinued operations	(89.2)	(84.1)	(2,865)
Net cash used in investing activities	(1,415.9)	(2,134.5)	(4,159.9)
FINANCING ACTIVITIES
Proceeds from debt issuance	6,500.1	8,020.2	8,279.8
Repayment of debt	(6,224)	(7,332.5)	(2,972.6)
Treasury shares disposed	0	509.9	6.4
Treasury shares acquired	0	0	(543.3)
Payments of interest on shareholders' equity and dividends	0	0	(1,176.3)
Commercial leasing	(102.4)	(149.9)	0
Net cash provided by financing activities	173.7	1,047.7	3,594
Net cash provided (used in) by financing activities from discontinued operations	(99.8)	9.4	126.6
Net cash provided by financing activities	73.9	1,057.1	3,720.6
EFFECT ON EXCHANGE RATE VARIATION ON CASH AND CASH EQUIVALENTS	71.5	81.9	(387.9)
Net increase (decrease) in cash and cash equivalents	(974.8)	(346.1)	994
At the beginning of the year	6,010.8	6,356.9	5,362.9
At the end of the year	R$ 5036.0	R$ 6010.8	R$ 6356.9

1. COMPANY'S OPERATIONS

1. COMPANY'S OPERATIONS	12 Months Ended
	Dec. 31, 2018
Companys Operations
COMPANY'S OPERATIONS	BRF S.A. (“BRF”) and its consolidated subsidiaries (collectively the “Company”) is a multinational Brazilian Company, which owns a comprehensive and diverse portfolio of products and it is one of the world’s largest producers of food. With a focus on raising, producing and slaughtering of poultry and pork for processing, production and sale of fresh meat, processed products, pasta, frozen vegetables and soybean by-products, among which the following are highlighted: · Whole chickens and frozen cuts of chicken, turkey and pork; · Ham products, bologna, sausages, frankfurters and other smoked products; · Hamburgers, breaded meat products and meatballs; · Lasagnas, pizzas, cheese breads, pies and frozen vegetables; · Margarine; and · Soy meal and refined soy flour, as well as animal feed. BRF is a public company, listed on the New Market of B3 (“Brasil, Bolsa, Balcão”), under the ticker BRFS3, and listed on the New York Stock Exchange (“NYSE”), under the ticker BRFS. Its headquarters are located at 475 Jorge Tzachel street, in the City of Itajaí, State of Santa Catarina. Our portfolio strategy is focused on creating new, convenient, practical and healthy products for our consumers based on their needs, through a strong innovation process that provide us with increasing value-added items which will differentiate us from our competitors and strengthen our brands. The Company's business model is by means of a vertical and integrated production system, which are distributed through an extensive distribution network, reaching the 5 continents, to meet supermarkets, retail stores, wholesalers, restaurants and other institutional customers. In addition, our facilities are strategically located near to their raw material suppliers or its main consumption centers. The Company has as main brands Sadia, Perdigão, Qualy, Chester(R), Perdix and Banvit that are highly recognized, especially in Brazil, Turkey and the Middle East. On February, 2018 the Company launched the Kidelli brand in Brazil, which presents a portfolio of products different from other brands and very diversified, based on poultry and pork, offering our quality products with competitive prices. The Company went through a financial and operational restructuring during 2018, as detailed in note 1.4, which resulted in a change in its management structure, so that the Company's activities were organized into 4 operational segments: Brazil, International, Halal and Other segments (note 5). Thus, the numbers of 2017 were adjusted and restated. 1.1. Equity interest Accounting method % equity interest Entity Main activity Country Participation 12.31.18 12.31.17 BRF Energia S.A. Commercialization of eletric energy Brazil Direct Consolidated 100.00% 100.00% BRF GmbH Holding Austria Direct Consolidated 100.00% 100.00% BRF Foods LLC Import and commercialization of products Russia Indirect Consolidated 99.90% 99.90% BRF France SARL (l) Marketing and logistics services France Indirect Consolidated 100.00% 100.00% BRF Global Company Nigeria Ltd. Marketing and logistics services Nigeria Indirect Consolidated 99.00% 99.00% BRF Global Company South Africa Proprietary Ltd. Import and commercialization of products South Africa Indirect Consolidated 100.00% 100.00% BRF Global Company Nigeria Ltd. Marketing and logistics services Nigeria Indirect Consolidated 1.00% 1.00% BRF Global GmbH (b) Holding and trading Austria Indirect Consolidated 100.00% 100.00% BRF Foods LLC Import and commercialization of products Russia Indirect Consolidated 0.10% 0.10% Qualy 5201 B.V. (b) (l) Import, commercialization of products and holding The Netherlands Indirect Consolidated 100.00% 100.00% Xamol Consultores Serviços Ltda. (l) Import and commercialization of products Portugal Indirect Consolidated 100.00% 100.00% BRF Japan KK Marketing and logistics services Japan Indirect Consolidated 100.00% 100.00% BRF Korea LLC Marketing and logistics services Korea Indirect Consolidated 100.00% 100.00% BRF Shanghai Management Consulting Co. Ltd. Advisory and related services China Indirect Consolidated 100.00% 100.00% BRF Shanghai Trading Co. Ltd. Commercialization and distribution of products China Indirect Consolidated 100.00% 100.00% BRF Singapore PTE Ltd. Marketing and logistics services Singapore Indirect Consolidated 100.00% 100.00% BRF Germany GmbH (l) Import and commercialization of products Germany Indirect Consolidated 100.00% 100.00% BRF GmbH Turkiye Irtibat (g) Import and commercialization of products Turkey Indirect Consolidated - 100.00% BRF Holland B.V. (l) Import and commercialization of products The Netherlands Indirect Consolidated 100.00% 100.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 2.66% 2.66% Eclipse Holding Cöoperatief U.A. (k) Holding The Netherlands Indirect Consolidated 0.01% 0.01% BRF B.V. (l) Industrialization, import and commercialization of products The Netherlands Indirect Consolidated 100.00% 100.00% ProudFood Lda Import and commercialization of products Angola Indirect Consolidated 10.00% 10.00% BRF Hungary LLC Import and commercialization of products Hungary Indirect Consolidated 100.00% 100.00% BRF Iberia Alimentos SL (l) Import and commercialization of products Spain Indirect Consolidated 100.00% 100.00% BRF Invicta Ltd. Import, commercialization and distribution of products England Indirect Consolidated 69.16% 69.16% Invicta Food Products Ltd. (l) Import and commercialization of products England Indirect Consolidated 100.00% 100.00% BRF Wrexham Ltd. (l) Industrialization, import and commercialization of products England Indirect Consolidated 100.00% 100.00% Invicta Food Group Ltd. (b) (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Invicta Foods Ltd. (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Invicta Foodservice Ltd. (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Universal Meats (UK) Ltd. (b) (l) Import, Industrialization, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% BRF Italia SPA (l) Import and commercialization of products Italy Indirect Consolidated 67.00% 67.00% Compañía Paraguaya Comercial S.A. Import and commercialization of products Paraguay Indirect Consolidated 99.00% 99.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 50.48% 50.48% Itega S.A. (k) Holding Argentina Indirect Consolidated 96.00% 96.00% Eclipse Holding Cöoperatief U.A. (k) Holding The Netherlands Indirect Consolidated 99.99% 99.99% Buenos Aires Fortune S.A. (k) Holding Argentina Indirect Consolidated 5.00% 5.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 8.44% 8.44% Eclipse Latam Holdings (k) Holding Spain Indirect Consolidated 100.00% 100.00% Buenos Aires Fortune S.A. (k) Holding Argentina Indirect Consolidated 95.00% 95.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 6.53% 6.53% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 31.89% 31.89% Itega S.A. (k) Holding Argentina Indirect Consolidated 4.00% 4.00% Golden Foods Poultry Limited (l) Holding Thailand Indirect Consolidated 48.52% 48.52% Golden Poultry Siam Limited (l) Holding Thailand Indirect Consolidated 51.84% 51.84% Golden Poultry Siam Limited (l) Holding Thailand Indirect Consolidated 48.16% 48.16% BRF Thailand Limited (l) Import, Industrialization, commercialization and distribution of products Thailand Indirect Consolidated 100.00% 100.00% BRF Feed Thailand Limited (l) Import, Industrialization, commercialization and distribution of products Thailand Indirect Consolidated 100.00% 100.00% Golden Foods Sales (Europe) Limited (l) Holding and trading England Indirect Consolidated 100.00% 100.00% Golden Quality Foods Europe BV (l) Import, commercialization and distribution of products The Netherlands Indirect Consolidated 100.00% 100.00% Golden Quality Foods Netherlands BV (l) Import, commercialization and distribution of products The Netherlands Indirect Consolidated 100.00% 100.00% Golden Foods Siam Europe Limited (b) (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Golden Quality Poultry (UK) Ltd (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Perdigão Europe Lda. Import and export of products Portugal Indirect Consolidated 100.00% 100.00% Perdigão International Ltd. Import and export of products Cayman Island Indirect Consolidated 100.00% 100.00% BFF International Ltd. Financial fundraising Cayman Island Indirect Consolidated 100.00% 100.00% Highline International (a) Financial fundraising Cayman Island Indirect Consolidated 100.00% 100.00% Sadia Overseas Ltd. Financial fundraising Cayman Island Indirect Consolidated 98.00% 98.00% ProudFood Lda Import and commercialization of products Angola Indirect Consolidated 90.00% 90.00% Sadia Chile S.A. Import and commercialization of products Chile Indirect Consolidated 40.00% 40.00% Sadia Foods GmbH (c) Import and commercialization of products Germany Indirect Consolidated - 100.00% SATS BRF Food PTE Ltd. Import, industrialization, commercialization and distribution of products Singapore Joint venture Equity pick-up 49.00% 49.00% BRF Global Namíbia Import and commercialization of products Namibia Indirect Consolidated 100.00% 100.00% Wellax Food Logistics C.P.A.S.U. Lda. Import and commercialization of products Portugal Indirect Consolidated 100.00% 100.00% BRF Luxembourg Sarl Holding Luxemburgo Direct Consolidated 100.00% 100.00% BRF Austria GmbH Holding Austria Indirect Consolidated 100.00% 100.00% One Foods Holdings Ltd Holding United Arab Emirates Indirect Consolidated 100.00% 100.00% Al-Wafi Food Products Factory LLC Industrialization and commercialization of products United Arab Emirates Indirect Consolidated 49.00% 49.00% Badi Ltd. Holding United Arab Emirates Indirect Consolidated 100.00% 100.00% Al-Wafi Al-Takamol International for Foods Products Import and commercialization of products Saudi Arabia Indirect Consolidated 75.00% 75.00% BRF Al Yasra Food K.S.C.C. ("BRF AFC") Import, commercialization and distribution of products Kuwait Indirect Consolidated 49.00% 49.00% BRF Foods GmbH Industrialization, import and commercialization of products Austria Indirect Consolidated 100.00% 100.00% Al Khan Foodstuff LLC ("AKF") Import, commercialization and distribution of products Oman Indirect Consolidated 70.00% 70.00% FFM Further Processing Sdn. Bhd. Industrialization, import and commercialization of products Malaysia Indirect Consolidated 70.00% 70.00% FFQ GmbH (i) Industrialization, import and commercialization of products Austria Indirect Consolidated 100.00% - SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Indirect Consolidated - 99.99% BQ Foods GmbH Holding Austria Indirect Consolidated 60.00% 60.00% Banvit Bandirma Vitaminli Industrialization and commercialization of products Turkey Indirect Consolidated 91.71% 91.71% Banvit Enerji ve Elektrik Üretim Ltd. Sti. Commercialization of eletric energy Turkey Indirect Consolidated 100.00% 100.00% Banvit Foods SRL Industrialization of grains and animal feed Romania Indirect Consolidated 0.01% 0.01% Nutrinvestments BV Holding The Netherlands Indirect Consolidated 100.00% 100.00% Banvit ME FZE Marketing and logistics services United Arab Emirates Indirect Consolidated 100.00% 100.00% Banvit Foods SRL Industrialization of grains and animal feed Romania Indirect Consolidated 99.99% 99.99% One Foods Malaysia SDN. BHD. (d) Marketing and logistics services Malaysia Indireta Consolidated 100.00% 100.00% Federal Foods LLC Import, commercialization and distribution of products United Arab Emirates Indirect Consolidated 49.00% 49.00% Federal Foods Qatar Import, commercialization and distribution of products Qatar Indirect Consolidated 49.00% 49.00% SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Indirect Consolidated - 0.01% BRF Hong Kong LLC Import, commercialization and distribution of products Hong Kong Indirect Consolidated 100.00% 100.00% Establecimiento Levino Zaccardi y Cia. S.A. (a) (k) Industrialization and commercialization of dairy products Argentina Direct Consolidated 99.94% 99.94% BRF Pet S.A. Industrialization and commercialization and distribution of feed and nutrients for animals Brazil Direct Consolidated 100.00% 100.00% PP-BIO Administração de bem próprio S.A. (h) Management of assets Brazil Affiliate Equity pick-up 66.66% 33.33% PSA Laboratório Veterinário Ltda. Veterinary activities Brazil Direct Consolidated 99.99% 99.99% Sino dos Alpes Alimentos Ltda. (a) Industrialization and commercialization of products Brazil Indirect Consolidated 99.99% 99.99% PR-SAD Administração de bem próprio S.A. (e) Management of assets Brazil Affiliate Equity pick-up - 33.33% Quickfood S.A. (k) Industrialization and commercialization of products Argentina Direct Consolidated 91.21% 91.21% Sadia Alimentos S.A. (k) Holding Argentina Direct Consolidated 43.10% 43.10% Avex S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 33.98% 33.98% Sadia International Ltd. Import and commercialization of products Cayman Island Direct Consolidated 100.00% 100.00% Sadia Chile S.A. Import and commercialization of products Chile Indirect Consolidated 60.00% 60.00% Sadia Uruguay S.A. Import and commercialization of products Uruguay Indirect Consolidated 5.10% 5.10% Avex S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 66.02% 66.02% Compañía Paraguaya Comercial S.A. Import and commercialization of products Paraguay Indirect Consolidated 1.00% 1.00% Sadia Alimentos S.A. (k) Holding Argentina Indirect Consolidated 56.90% 56.90% Sadia Overseas Ltd. Financial fundraising Cayman Island Direct Consolidated 2.00% 2.00% Sadia Uruguay S.A. Import and commercialization of products Uruguay Direct Consolidated 94.90% 94.90% SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Direct Consolidated - - UP Alimentos Ltda. (m) Industrialization and commercialization of products Brazil Affiliate Equity pick-up 50.00% 50.00% Vip S.A. Empreendimentos e Participações Imobiliárias Commercialization of owned real state Brazil Direct Consolidated 100.00% 100.00% Establecimiento Levino Zaccardi y Cia. S.A. (a) (k) Industrialization and commercialization of dairy products Argentina Indirect Consolidated 0.06% 0.06% PSA Laboratório Veterinário Ltda. Veterinary activities Brazil Indirect Consolidated 0.01% 0.01% Sino dos Alpes Alimentos Ltda. (a) Industrialization and commercialization of products Brazil Indirect Consolidated 0.01% 0.01% (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) 1.2. Investigations involving BRF The Company has been subject to two external investigations, denominated “ Carne Fraca Trapaça For the year ended December 31, 2018, the main impacts observed as result of the referred operations were recorded in: (i) cost of goods sold in the amount of R$403.3 (R$285.0 in 12.31.17) mostly related to inventory losses, adjustments to net realizable value and idleness, (ii) other operating expenses in the amount of R$78.9 (R$78.3 in 12.31.17) mostly related to expenditures with lawyers, legal advisors and consultants, and (iii) sales deductions in the amount of R$10.6 related to legal expenses with import quotas in Europe, which totaled R$492.8 (R$363.4 in 12.31.17). The independent investigations create, in addition to the impacts already recorded, uncertainties about the outcome of these operations which may result in penalties, fines and normative sanctions, right restrictions and other forms of liabilities, for which the Company is not able to make a reliable estimate of the potential losses. The outcome may result in payments of substantial amounts, which may cause a material adverse effect on the Company´s financial position, results and cash flows in the future. 1.2.1. Carne Fraca On March 17, 2017, BRF became aware of a decision issued by a judge of the 14 th Carne Fraca In April 2017, the Brazilian Federal Police and the Brazilian federal prosecutors filed charges against BRF employees, which were accepted by the judge responsible for the process, and its main allegations in this phase involve misconduct related to improper offers and/or promises to government inspectors. On June 04, 2018, the Company was informed about the establishment of a responsibility administrative process (“PAR”) by the Office of the Comptroller General (“CGU”), under the Law Nº 12,846/2013 (“Anti-corruption Law”), which aims to verify eventual administrative responsibilities related to the facts object of the criminal lawsuit Nº 5016879-04.2017.4.04.7000, (“Criminal Lawsuit”) in progress under the 14th Federal Court of the subsection of Curitiba/PR, as a consequence of the Carne Fraca BRF has informed certain regulators and governmental entities, including the U.S. Securities and Exchange Commission and the U.S. Department of Justice about the Carne Fraca On September 28, 2018, the sentence of the Criminal Lawsuit in first instance was published, discharging one of the BRF employees and convicting the other one for six months of detention with the possibility of substitution for a right-restricting penalty. The Brazilian federal prosecutors presented appeal to the first instance decision. The appeal is being analyzed by the Federal Regional Court of the 4th region. 1.2.2. Trapaça On March 5, 2018, the Company learned of a decision issued by a judge of the 1 st Trapaça On May 14, 2018, the Company received the formal notice that 12 plants located in Brazil were removed from the list that permits imports of animal origin products by the European Union’s countries. The measure came into force as of May 16, 2018 and affects only the plants located in Brazil and which have export licenses to the European Union, not affecting the supply to other markets or other BRF plants located outside Brazil that export to the European market. On October 15, 2018, the Federal Police Department submitted to the 1st Federal Criminal Court of the Judicial Branch of Ponta Grossa – PR the final report of its investigation in connection to the Trapaça 1.2.3. Governance enhancement The Company, in the light of the facts related to the investigations of the authorities collaborates to the complete clarification of the facts. In this sense, the Company has decided to move away, independently of the results of the investigations, all employees mentioned in the Federal Police’s final report of the Trapaça BRF interacts in a wide and transparent way with the authorities, with the objective of collaborating with the full elucidation of the facts. Simultaneously, it will proceed with the internal investigations led by the Independent Investigation Committee and by the Audit and Integrity Committee to clarify all the facts identified or that may be identified in the future. The Company believes that this cooperation process with the authorities strengthens and consolidates its governance through ongoing actions to ensure the highest levels of safety standards, integrity and quality, as well as greater autonomy to its Compliance Department. Among the actions implemented, are: (i) strengthening in the risk management, specially compliance, (ii) strengthening of the Compliance, Internal Audit and Internal Controls departments, (iii) issuance of new policies and procedures specifically related to the anticorruption law, (iv) reputational verification of business partners, (v) revision of the process of internal investigation, (vi) expansion of the independent reporting channel, (vii) review of transactional controls, and (viii) new consequence policy for misconduct. 1.3. U.S. Class Action On March 12, 2018, a shareholder class action lawsuit was filed against the Company and certain current and former administrators in the U.S. Federal District Court in the city of New York alleging that the Company and those administrators engaged in securities fraud or other unlawful business practices mentioned, among others, in the Carne Fraca Trapaça 1.4. Financial and operational restructuring plan On June 29, 2018, the Board of Directors approved the financial and operational restructuring plan of the Company ("the Plan"), with the objective to improve its share capital structure, by reducing its debt leverage, which also enhances its controlling and quality processes. The Company’s decision is it to focus its transactions in the Brazilian market, in Asia and in the Muslim market. Then, the segmentation of the businesses was changed as disclosed in note 5. As a result of the Plan, the following actions will be taken: (i) sale of operational units in Argentina (denominated Argentina Operations), and Europe and Thailand (denominated Europe and Thailand Operations); (ii) sale of real estate and non-operating assets; (iii) sale of non-controlling interests in companies and (iv) operational restructuring plan with the purpose to adjust its productive structure to the market demand and includes adjustments in its the production lines, collective paid leave and a reduction of around 5% of the factory unit employees in Brazil. During the fourth quarter of 2018, the Company evolved in the negotiations for the sale of the assets abovementioned in items (i) and (ii) and met the requirements for its classifications as assets held for sale and discontinued operations (note 12). On July 20, 2018, following the simplification of the organizational structure, the Company’s Board of Directors approved the hiring and the appointment of new executives for the following positions (i) Sidney Manzaro, assumed his position on August 13, 2018, as Vice-President of Brazilian Market, in substitution of Alexandre Almeida (ii) Vinícius Guimarães Barbosa, assumed his position on August 01, 2018, as Vice-President of Operations and (iii) Bruno Ferla, who previously served as a consultant to the Company and heading its Legal Department, assumed his position on August 01, 2018, as Vice-President of Institutional Affairs, Legal, and Compliance. For the year ended December 31, 2018, the impacts recorded due to the operational restructuring plan previously mentioned, such includes termination of contracts with suppliers and outgrowers, employee terminations, inventory and biological assets losses, as well as increase in idleness, in total amount of R$213.5 and were recorded in (i) cost of goods sold in the amount of R$195.7 an (ii) other operating expenses in the amount of R$17.8. 1.5. Strike of truck drivers There was a national strike lasting approximately 10 days which resulted in blocked roads and interruption of the transport of goods and supplies, impacting several of the company´s facilities plants. As a result of the strike, the Company incurred in inventory and biological assets losses and idleness during the days of the strike, as well incurred in additional logistics costs to restart its activities. For the year ended December 31, 2018, such losses amounted to R$85.0 and were recorded in (i) cost of goods sold in the amount of R$72.7 and (ii) selling expenses in the amount of R$12.4. 1.6. Credit rights investment fund (“FIDC”) On December 12, 2018, the Company concluded the structuring of the Credit rights investment fund – BRF Customers (“FIDC BRF”), whose exclusive objective is to acquire receivables originated from commercial operations between the Company and its customers in Brazil. The structuring was made in association with the coordinators Banco Bradesco BBI S.A., BB – Banco de Investimento S.A. and Banco Votorantim S.A. in the format of a close-end fund and has a duration of 5 years. From the 875,000 quotas that were subscribed and paid-in, 787,500 are senior quotas, 21,875 mezzanine A quotas, 51,012 mezzanine B quotas and 14,613 junior quotas, in the amounts of R$787.5, R$21.9, R$51.0 and R$14.6 respectively. The Company holds the 14,613 junior quotas, which are recorded as marketable securities (note 7). The transfer of the receivables to the FIDC BRF fulfil the requirements for derecognition of financial assets and, therefore, the Accounts Receivable transferred are written-off of the Company’s financial statements. The effects of the discount rate charged on the transfer are recorded in the account of Financial Expenses (note 34). This operation occurs in continuity to the operational and financial restructuring plan and allows an additional offer of credit for domestic customers. 1.7. Incorporation of the wholly-owned subsidiary SHB Comércio e Indústria de Alimentos S.A. ("SHB") On December 31, 2018, the wholly-owned subsidiary SHB was merged into BRF S.A. with the objective of unifying and centralizing the Company's activities related to the Halal products business, to promote greater simplification, efficiency and transparency of the organizational structure. 1.8. Seasonality In Brazil operating segment, as well as in discontinued operations related to the activities of Argentina, on November and December of each year, the Company is impacted by seasonality due to Christmas and New Year’s Celebrations, being the best-selling products in this period: turkey, Chester(R), ham and pork loins. In Halal operating segment (former name of One Foods), seasonality is due to Ramadan, which is the holy month of the Muslim Calendar. The start of Ramadan depends on the beginning of the moon cycle and therefore can vary each year.

2. MANAGEMENT'S STATEMENT AND B

2. MANAGEMENT'S STATEMENT AND BASIS OF PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2018
Managements Statement And Basis Of Preparation And Presentation Of Financial Statements
MANAGEMENT'S STATEMENT AND BASIS OF PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS	The Company’s consolidated financial statements are prepared in accordance with the International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”). The Company’s consolidated financial statements are expressed in millions of Brazilian Reais (“R$”), as well as the amounts of other currencies disclosed in the financial statements. Amounts disclosed in Brazilian Reais are informed when applicable. The preparation of the Company’s financial statements requires Management to make judgments, use estimates and adopt assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, as well as the disclosures of contingent liabilities, as of the reporting date. However, the uncertainty inherent to these judgments, assumptions and estimates could result in material adjustments to the carrying amount of the affected assets and liabilities in future periods. The Company reviews its judgments, estimates and assumptions on a quarterly basis. The consolidated financial statements were prepared on the historical cost basis except for the following items which are measured at fair value: i. derivative and non-derivative financial instruments; ii. share-based payments; iii. biological assets; and iv. certain assets held for sale are recorded at fair value less cost to sell. The Company’s Management notes that the consolidated financial statements were prepared in a going concern basis. In addition, all the relevant information was disclosed in the explanatory notes, in order to clarify and complement the accounting basis used in the preparation of the financial statements and used by the Management.

3. SUMMARY OF SIGNIFICANT ACCOU

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3.1. Consolidation 3.2. Functional currency and foreign currency transactions The financial statements of foreign subsidiaries are translated into Brazilian Reais in accordance with their functional currency using the following criteria: Foreign subsidiaries with functional currency – Argentine Peso, Thailand Bath, Chilean Peso, United Arab Emirates Dirham, Euro, Forint Hungary, Hong Kong Dollar, Kuwait Dinar, Oman Riyal, Pound Sterling, South African Rand, Renminbi Yuan China, Ringgit Malaysia, Riyal Saudi Arabia, Riyal Qatar, Romanian Leu, Ruble Russia, Singapore Dollar, Turkish Lira, Uruguayan Peso, U.S. Dollar, Vietnamese Dong, Won South Korea and Yen. · Assets and liabilities are translated at the exchange rate in effect at year-end; · Statement of income accounts are translated based on the monthly average rate; and · The cumulative effects of gains or losses upon translation are recognized as Accumulated Foreign Currency Translation Adjustments component of other comprehensive income. Foreign subsidiaries with functional currency – Brazilian Reais · Non-monetary assets and liabilities are translated at the historical rate of the transaction; · Monetary assets and liabilities are translated at the exchange rate in effect at year-end; · Statement of income accounts are translated based on monthly average rate; · The cumulative effects of gains or losses upon translation of monetary assets and liabilities are recognized in the statement of income; and · The cumulative effects of gains or losses upon translation of non-monetary assets and liabilities are recognized in the other comprehensive income. Goodwill arising from business combination with entities in foreign market is expressed in the functional currency of that entity and converted by the closing exchange rate for the reporting currency of the of the acquirer, with the effects recognized in other comprehensive income. The accounting policies have been consistently applied by all subsidiaries included in consolidation, with the exception of the adoption of new accounting standards as discloses in notes 3.7 and 3.27. 3.3. Investments 3.4. Business combinations When the investment has simply been moved from one part of the group to another, the acquirer in a common control transaction use book value (carry-over basis) accounting. When acquiring a business, management evaluate the assets acquired and the liabilities assumed in order to classify and allocate them assessing the terms of the agreement, economic circumstances and other conditions at the acquisition date. Goodwill is initially measured as the excess of the consideration paid over the fair value of the net assets acquired. After initial recognition, goodwill is measured at cost, net of any accumulated impairment losses. For purposes of impairment testing, the goodwill recognized in a business combination, as from the acquisition date, is allocated to each of the Company’s cash generating units. 3.5. Segment information 3.6. Cash and cash equivalents: 3.7. Financial instruments: Classification of Financial Assets IFRS 9 contains a new classification and measurement approach for financial assets which contains three principal classification categories: measured at amortized cost, fair value through other comprehensive income (FVOCI) and fair value through profit and loss (FVTPL). The standard eliminates the IAS 39 categories of held to maturity, held for trading, loans and receivables and available for sale. This change did not cause any retrospective impact in the measurement of the Company’s financial assets. Prospectively, for equity instruments measured at FVOCI, when settled or transferred, the gains and losses accumulated in other comprehensive income no longer affect income statement, being immediately reclassified to accumulated profits or losses, in equity. The classification of financial assets is based on individual characteristics of the instrument and the business model of the portfolio in which it is contained. For already existent financial instruments on January 01, 2018, the Company has considered the categories on the following manner: (i) Financial assets held to maturity and loans and receivables were transferred to the amortized cost category; (ii) Financial assets held for trading were transferred to the FVTPL classification; (iii) Financial assets available for sale were transferred to the FVOCI classification; The charts related to financial instruments in notes 4 and 7 now follow the categories described above. Hedge accounting The Company has chosen to apply the new hedge accounting requirements of IFRS 9. The standard requires that hedge accounting relationships are aligned with the Company’s risk management objectives and strategy, the application of a more qualitative and forward-looking approach to assessing hedge effectiveness and prohibits voluntary discontinuation of hedge accounting. For financial instruments designated into cash flow hedge relations, the Company has begun to account for the time value of purchased options, the forward element of forward contracts and foreign currency basis spreads as cost of hedging, into other comprehensive income. When the instrument is terminated, the costs of hedge are reclassified to the income statement together with the intrinsic values of the instrument. The categories and designation models for hedge accounting remain unchanged. Impairment of Financial Assets IFRS 9 replaces the ‘incurred loss’ model in IAS 39 with a forward-looking ‘expected credit loss’ model. This model is applicable to financial assets measured at amortized cost or at FVOCI, except for equity instruments. For financial investments and cash and equivalents, the Company did not have any relevant impact on credit losses, due to the elevated ratings of its counterparties. For trade receivables and notes receivables, the Company has elected the practical expedient of the aging-based provision matrix in the item B5.5.35 of IFRS 9, with the appropriate groupings of the receivables. The Company prepared a study of historical losses and recoveries of its customers portfolios for every acting region, taking into consideration the dynamics of the markets and the instruments hired to reduce credit exposures, such as: letters of credit, insurances and guarantees. In addition to the analysis of the consolidated portfolios, specific clients with different credit risks were treated separately. Based on the studies, expected losses indexes were calculated for each portfolio and aging class. The indexes were applied to the accounts receivable balances and generated the amounts of expected credit losses. The Company monitors the indexes, customers and portfolios constantly, recognizing the respective changes into the impairment loss on trade and other receivables account. The adoption of the new standard has impacted the Company’s equity as per below: Retained Earnings Impact of IFRS 9 adoption Increase in expected credit losses with trade accounts receivable 12.6 Increase in expected credit losses with notes receivable 6.5 Increase in expected credit losses with financial investments 1.4 Deferred taxes (6.0) Impact on 01.01.18 14.5 Transition Changes in accounting policies resulting from the adoption of IFRS 9 were applied retrospectively, except as described below: · The Company took advantage of the exemption allowing it not to restate comparative information for prior periods with respect to classification and measurement (including impairment) changes. Differences in carrying amounts of financial assets and financial liabilities resulting from the adoption of IFRS 9 were recognized in retained earnings at January 01, 2018; and · The new hedge accounting requirements were applied prospectively. 3.8. Adjustment to present value 3.9. Trade accounts receivables and other receivables The Company adopts procedures and analysis to establish credit limits and substantially does not require collateral from customers. In the event of default, collection attempts are made, which include direct contact with customers and collection through third parties. Should these efforts prove unsuccessful, court measures are considered and the notes are reclassified to non-current assets at the same time an allowance is recognized. The notes are written-off from the allowance when management considers that they are not recoverable after taking all appropriate measures to collect them. 3.10. Inventories 3.11. Biological assets 3.12. Assets held for sale and discontinued operations: The statement of income (loss) and cash flows from discontinued operations are presented separately from those of continued operations of the Company. The comparative periods are reclassified in the case of the statement of income (loss) for the year and cash flows, however the statement of financial position remains as presented in the past. 3.13. Property, plant and equipment Depreciation is recognized based on the estimated economic useful life of each asset on a straight-line basis. The estimated useful life, residual values and depreciation methods are annually reviewed and the effects of any changes in estimates are accounted for prospectively. Land is not depreciated. The Company annually performs an analysis of impairment indicators of property, plant and equipment. The recoverability of these assets was tested for impairment in 2018, and no adjustments were identified. The realization of the test involved the adoption of assumptions and judgments, as disclosed in note 18. An impairment for loss for property, plant and equipment, is only recognized if the related cash-generating unit is devalued. Such condition is also applied if the asset’s recoverable amount is less than its carrying amount. The recoverable amount of asset or cash-generating unit is the greater of its value in use and its fair value less cost to sell. Gains and losses on disposals of property, plant and equipment items are calculated by comparing the proceeds of the disposals with their net book values and recognized in the statement of income (loss) at the disposal date. 3.14. Intangible assets The useful life of intangible assets is assessed as finite or indefinite. Intangible assets with a finite life are amortized over the economic useful life and reviewed for impairment whenever there is an indication that their carrying values may be impaired. The amortization period and method for an intangible asset with a finite useful life are reviewed at least at the end of each fiscal year. The amortization of intangible assets with a finite useful life is recognized in the statement of income as an expense related to its use and consistently with the economic useful life of the intangible asset. Intangible assets with an indefinite useful life are not amortized, but are tested annually for impairment on an individual basis or at the cash generating unit level. The Company records goodwill and trademarks as intangibles assets with indefinite useful life. Goodwill recoverability was tested for fiscal year 2018 and no impairment loss was identified. Such test involved the adoption of assumptions and judgments, disclosed in note 18. 3.15. Income taxes The income from foreign subsidiaries is subject to taxation pursuant to the local tax rates and legislation. In Brazil, these incomes are taxed according to the Law 12.973/14, respecting the tax treaty signed by each country with Brazil in order to avoid double taxation. Deferred taxes are recorded on IRPJ and CSLL tax losses, and on temporary differences between the tax basis and the carrying amount on assets and liabilities and classified as non-current assets. When the Company’s analysis indicates that the realization of these credits is not probable, the asset is derecognized. In 2018, the need to derecognise part of the Company's deferred tax assets was identified, as demonstrated in note 13.3. Deferred tax assets and liabilities are offset if a legally enforceable right exists to set off current tax assets against current tax liabilities and they relate to income taxes levied by the same tax authority on the same taxable entity. In the consolidated financial statements, the Company’s tax assets and liabilities can be offset against the tax assets and liabilities of the subsidiaries if, and only if, these entities have a legally enforceable right to make or receive a single net payment and intend to make or receive this net payment, or recover the assets and settle the liabilities simultaneously. Therefore, for presentation purposes, the balances of tax assets and tax liabilities are being disclosed separately. Deferred tax assets and liabilities must be measured by enacted or substantially enacted rates that are expected to be applicable for the period when the assets are realized and liabilities settled. 3.16. Accounts payable and trade accounts payable 3.17. Provision for tax, civil and labor risks and contingent liabilities The Company is part of various lawsuits, including, tax, labor and civil claims, mainly in Brazil. The assessment of the likelihood of an unfavorable outcome in these lawsuits includes the analysis of the available evidence, the hierarchy of the laws, available prior court decisions, as well as the most recent court decisions and their importance to the Brazilian legal system, as well as the opinion of external legal counsel. The provisions are reviewed and adjusted to reflect changes in the circumstances, such as the applicable statute of limitation, conclusions of tax inspections or additional exposures identified based on new claims or court decisions. A contingent liabilities of business combinations are recognized if they arise from a present obligation that arose from past events and if their fair value can be measured reliably and subsequently are measured at the higher of: · the amount that would be recognized in accordance with the accounting policy for the provisions above; or · the amount initially recognized less, where appropriate, of recognized revenue in accordance with the policy of recognizing revenue from customer contracts. As a result of the business combinations with Sadia, the Company recognized contingent liabilities related to tax. 3.18. Leases Finance lease agreements are recognized in property, plant and equipment and in liabilities at the lower of the present value of the minimum future payments of the agreement and the fair value of the asset, including, when applicable, the initial direct costs incurred in the transaction. The amounts recorded in property, plant and equipment are depreciated and the underlying interest is recorded in the statement of income in accordance with the terms of the lease agreement. Operating lease agreements are recognized as straight-line expenses throughout the lease terms. Gains or losses arising from sale-leaseback transactions classified after the sale of the assets as operating leases are recognized as follows: - Immediately in profit or loss when the transaction was measured at fair value; - If the transaction price is established below or above the fair value, the profit or loss is recognized immediately in profit or loss, unless the result is offset by future lease payments below market value. On January 01, 2019, IFRS 16 is effective, whose impacts are described in note 37. 3.19. Share based payments The expense or income arising from the movement during the year is recognized in the statement of income according to the function performed by the beneficiary. Expense is reversed/trued up in case of failure to satisfy a service vesting condition (forfeiture). The effect of outstanding options is reflected as additional dilution in the calculation of diluted earnings per share. 3.20. Pension and other post-employment plans The measurements comprise the actuarial gains and losses, the effect of a limit on contributions and returns on plan assets, are recognized in the statement of financial position with a contra entry in other comprehensive income when incurred. These measurements are not reclassified to statement of income (loss) in subsequent periods. The Company recognizes the net defined benefit asset, when: · controls a resource and has the ability to use the surplus to generate future benefits; · the control is a result of past events; and · the future economic benefits are available to the Company in the form of a reduction in future contributions or a cash refund, either directly to the Company or indirectly to another deficitary plan. The asset ceiling is the present value of those future benefits. The past service cost is recognized in the statement of income at the earliest of the following dates: · when the plan amendment or curtailment occurs, or · when the Company recognizes related restructuring costs. The past service cost and net interest on net defined benefit liability or asset are recognized in the statement of income (loss). 3.21. Earnings (Losses) per share 3.22. Employee and management bonuses 3.23. Financial income and expenses interest on loans and financing and monetary variation on contingencies and tax credits 3.24. Grants and government assistance 3.25. Transactions and balances in foreign currency The exchange rates in Brazilian Reais effective at the statement of financial position dates were as follows: Exchange rate at the balance sheet date 12.31.18 12.31.17 Thailand Bath (THB) 0.1198 0.1015 Kwait Dinar (KWD) 12.7755 10.9791 United Arab Emirates Dirham (AED) 1.0550 0.9006 Singapore Dollar (SGD) 2.8464 2.4753 U.S. Dollar (US$ or USD) 3.8748 3.3080 Vietnamese Dong (VND) 0.0002 0.0002 Hong Kong dollar (HKD) 0.4948 0.4233 Euro (€ or EUR) 4.4390 3.9693 Forint Hungary (HUF) 0.0138 0.0128 Yen (JPY) 0.0353 0.0294 Romanian leu (RON) 0.9527 0.8511 Pound Sterling (£ or GBP) 4.9617 4.4714 Turkish Lira (TRY) 0.7331 0.8752 Argentinian Peso ($ or ARS) 0.1029 0.1755 Chilean Peso (CLP) 0.0056 0.0054 Uruguayan Peso (UYU) 0.1199 0.1149 South African Rand (ZAR) 0.2699 0.2690 Renminbi Yuan China (CNY) 0.5636 0.5087 Saudi Riyal (SAR) 1.0330 0.8821 Qatar Riyal (QAR) 1.0643 0.9088 Omani Riyal (OMR) 10.0696 8.6011 Ringgit Malaysia (MYR) 0.9382 0.8180 Ruble Russia (RUB) 0.0556 0.0574 Won South Korea (KRW) 0.0035 0.0031 Average rates 12.31.18 12.31.17 Thailand Bath (THB) 0.1130 0.0942 Kwait Dinar (KWD) 12.1043 10.5318 United Arab Emirates Dirham (AED) 0.9950 0.8692 Singapore Dollar (SGD) 2.7071 2.3130 U.S. Dollar (US$ or USD) 3.6545 3.1920 Vietnamese Dong (VND) 0.0002 0.0001 Hong Kong dollar (HKD) 0.4663 0.4096 Euro (€ or EUR) 4.3092 3.6071 Forint Hungary (HUF) 0.0135 0.0117 Yen (JPY) 0.0331 0.0285 Romanian leu (RON) 0.9265 0.7896 Pound Sterling (£ or GBP) 4.8701 4.1150 Turkish Lira (TRY) 0.7696 0.8759 Argentinian Peso ($ or ARS) 0.1369 0.1934 Chilean Peso (CLP) 0.0057 0.0049 Uruguayan Peso (UYU) 0.1190 0.1115 South African Rand (ZAR) 0.2764 0.2401 Renminbi Yuan China (CNY) 0.5521 0.4726 Saudi Riyal (SAR) 0.9744 0.8512 Qatar Riyal (QAR) 1.0039 0.8727 Omani Riyal (OMR) 9.4947 8.2978 Ringgit Malaysia (MYR) 0.9053 0.7435 Ruble Russia (RUB) 0.0582 0.0548 Won South Korea (KRW) 0.0033 0.0028 3.26. Accounting judgments, estimates and assumptions Main judgments: - control, significant influence and consolidation (note 1.1); - share-based payment transactions (note 24); - definition of the moment when ownership is transferred in recognizing revenue. Main estimates: - fair value of financial instruments (note 4); - impairment of non-financial assets (note 5 and 18); - expected credit losses (note 8); - net realizable value provision for inventories (note 9); - fair value of biological assets (note 10); - loss on the reduction of recoverable value of taxes (note 11 and 13); - fair value of assets held for sale (note 12); - useful lives of property, plant and equipment and intangible (note 17 and 18); - pension and post-employment plans (note 25); and - provision for tax, civil and labor risks (note 26); The Company reviews the estimates and underlying assumptions used in its accounting estimates on a quarterly basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised. 3.27. IFRS 15 – Revenue from contracts with customers The Company´s revenue comprises the value of the consideration received or to be received for the sale of products, net of corresponding taxes, returns and applicable discounts. Revenues are recognized in an accrual basis when the sales value is reliably measurable, the Company no longer has control over the goods sold, or any involvement related to the ownership, and is probable that economic benefits will be received by the Company. The Company´s sales can be done either at sight payments or term payments, which are discounted to present value in order to recognize the financial component (note 3.8). The average days outstanding is 31 days. 3.28. IAS 29 - Hyperinflationary economies: As a result, the Company has adopted the IAS 29 - Financial Reporting in Hyperinflationary Economies. Non-monetary items and income statement balances were restated to reflect the terms of the measuring unit current at the end of the reporting exercise. The balances were calculated by applying the changes on the index from the initial recognition date to the reporting date. As the hyperinflation concepts are applicable only to the subsidiaries located in Argentina, and the Parent company is not on a country with hyperinflationary economy, the Company has made an accounting policy election to record the results of the hyperinflation in other comprehensive income (loss) as of January 01, 2018 and not restate prior periods. The impacts of the changes on net monetary position from the initial recognition date until December 31, 2017 were recorded against Equity, generating a positive impact of R$130.2, while the changes on the monetary position for the year ended December 31, 2018 were recorded against the result of discontinued operations. The translation of the balances of a hyperinflationary economy to the reporting currency were based on the closing rate of the reporting period for both statement of financial position and statement of income (loss) balances. The impact caused by the adoption of the abovementioned standard on the Company´s net result was a gain of R$370.0 recorded in discontinued operations. The Company used the General Consumer Price Index (“IPC”) for the calculation of hyperinflation effects on the balances from January 01, 2017 until current period. For the hyperinflation effects from prior periods until December 31, 2016 the Company used the National Wholesale Price Index (“IPIM”), as until December 2016 the IPC wasn´t published in a consistent basis to assure the reliability of the index. Both indexes were obtained from INDEC. The inflation rates used in 2017 and 2018 are described in the table below: Period Accumulated inflation rates 2016 34.60% 2017 24.80% 2018 48.01% 3.29. Comparability of the statement of income and cash flows For the purposes of comparability with the previous year, the Company reclassified the amount of R$500.1 during the year ended December 31, 2017 from other operating income (expenses), net, to (i) cost of sales in the amount of R$484.1 (ii) selling expenses in the amount of R$13.4 and (iii) administrative expenses in the amount of R$2.6 mainly impacted by the cancellation of shares granted. The amount related to discontinued operations in R$2.8, reclassified from other operation income (expenses) to costs of sales. In 2016, the Company reclassified the amount of R$190.5 from other operating income (expenses), net, to (i) cost of sales in the amount of R$168.7 (ii) selling expenses in the amount of R$17.1 and (iii) administrative expenses in the amount of R$4.7. For the cash flow, the Company reclassified the expenses with finance lease previously classified as operating activities to financing activities in the amount of R$149.9.

4. FINANCIAL INSTRUMENTS AND RI

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT	12 Months Ended
	Dec. 31, 2018
Financial Instruments And Risk Management
FINANCIAL INSTRUMENTS AND RISK MANAGEMENT	4.1. Overview In the ordinary course of business, the Company is exposed to credit, liquidity and market risks, which are actively managed in compliance with the Financial Risk Management Policy and Strategic Documents (“Risk Policy”) and internal guidelines subject to such policy. The Risk Policy is under the management of the Board of Directors, Risk Management Committee and Financial Risk Management department, with clear and defined roles and responsibilities, as follows: · The Board of Directors is responsible for approving the Risk Policy further defining the tolerance limits for the different risks identified as acceptable to the Company on behalf of its shareholders. The current risk policy was reviewed and approved and is valid until on November 26, 2019; · The Financial Risk Management Committee formally and subordinated to the Executive Board, is in charge of the execution of the Risk Policy, which comprises the supervision of the risk management process, planning and verification of the impacts of the decisions implemented, as well as the evaluation and approval of hedging strategies and monitoring the risk exposure levels to ensure compliance with Risk Policy; and · The Risk Management Department has the key role in monitoring, evaluating and reporting the financial risks taken by the Company. The Risk Policy determines that derivatives can only be used for hedge purposes, and prohibits entering into any leveraged derivative transaction. Additionally, any individual hedge operation (notional amount) must not exceed 2.5% of the Company’s shareholders’ equity. 4.2. Credit risk management The Company is exposed to credit risk related to the financial assets held by: trade and non-trade accounts receivable, marketable securities, derivative instruments and cash and equivalents. a. Accounts receivable credit risk Credit risk associated with trade accounts receivable is actively managed through specific systems and is supported by internal policies for credit analysis. The significant level of diversification and geographical dispersion of the customer portfolio significantly reduces the risk, however, the Company choses to complement the risk management tactic by acquiring insurance policies for specific markets. The impairment of these financial assets is carried out based on IFRS 9 (note 3.7). b. Counterparty credit risk Credit risk associated with marketable securities, cash and cash equivalents and derivative instruments is limited to counterparties with Investment Grade ratings. The risk concentration is constantly assessed according to credit ratings and the Company’s portfolio. On December 31, 2018, the Company had financial investments over R$100.0 at the following financial institutions: Banco Bradesco, Banco BIC, Banco BTG Pactual, Banco do Brasil, Banco Itaú, Banco Safra, Banco Santander, Caixa Econômica Federal, HSBC and J.P. Morgan Chase Bank. The Company also held derivative contracts with the following financial institutions: Banco Bradesco, Banco do Brasil, Banco Itaú, Banco Santander, Banco Votorantim, Bank of America Merrill Lynch, Citibank, ING Bank, Morgan Stanley and Rabobank. 4.3. Capital management and liquidity risk The Company is exposed to liquidity risk as far as it needs cash or other financial assets to settle its obligations in the respective terms. The Company’s cash and liquidity strategy takes into consideration historical results volatility scenarios as well as simulations of sectorial and systemic crisis, grounded by allowing resilience in scenarios of capital restriction. BRF’s ideal capital structure definition is essentially associated with (i) cash strength as tolerance factor to liquidity shocks, contemplating an analysis of minimum cash, (ii) financial leverage and (iii) maximization of the opportunity cost of capital. The Company is constantly seeking to diversify sources of financing in order to reduce the concentration of its credit exposure, as well as to monitor the financial and capital markets in search of opportunities that improve its net debt in order to optimize the relation to the cost of capital and the average term of the amortization of its obligations. As guideline, the gross debt must be concentrated in the long term. On December 31, 2018, the long term consolidated gross debt represented 78.7% (74.3% as of December 31, 2017) of the total indebtedness with an average term higher than 3 years. The Company monitors the net debt and indebtedness as set forth below: 12.31.18 12.31.17 Current Non-current Total Total Foreign currency debt (1,470.3) (10,068.0) (11,538.3) (11,101.3) Local currency debt (3,077.1) (7,550.0) (10,627.1) (9,343.0) Derivative financial instruments liabilities (235.0) - (235.0) (299.5) Gross debt (4,782.4) (17,618.0) (22,400.4) (20,743.8) Marketable securities and cash and cash equivalents 5,376.6 290.6 5,667.2 6,808.1 Derivative financial instruments assets 182.3 - 182.3 90.5 Restricted cash 277.3 584.3 861.6 535.6 Net debt 1,053.8 (16,743.1) (15,689.3) (13,309.6) The table below summarizes the significant commitments and contractual obligations that may impact the Company’s liquidity: Book value Cash flow contracted 2019 2020 2021 2022 2023 2024 onwards Non derivative financial liabilities Loans and financing 12,419.0 14,324.4 4,791.9 3,644.7 3,617.6 613.4 1,656.8 - BRF bonds 7,487.8 8,965.1 302.6 302.6 302.6 2,968.4 2,113.7 2,975.2 BFF bonds 343.0 369.9 24.2 345.7 - - - - BRF GMBH bonds 1,915.7 2,611.6 84.3 84.3 84.3 84.3 84.3 2,190.1 Trade accounts payable 5,516.9 5,564.9 5,564.9 - - - - - Supply chain finance 885.8 885.8 885.8 - - - - - Financial lease 215.4 305.5 82.5 56.2 29.6 23.6 19.6 94.0 Operational lease - 2,126.4 421.7 103.7 108.4 49.4 157.3 1,285.9 Derivative financial liabilities Financial instruments designated as cash flow hedge Swap (Interest rate and exchange rate) - - - - - - - - Currency derivatives (NDF) 21.0 17.1 17.1 - - - - - Commodities derivatives - Corn (NDF) 3.5 3.5 3.5 - - - - - Commodities derivatives - Soybean meal (NDF) 2.7 2.7 2.7 - - - - - Commodities derivatives - Soybean oil (NDF) 4.3 4.3 4.3 - - - - - Commodities derivatives - Soybean (NDF) 3.3 3.3 3.3 - - - - - Currency derivatives (options) 75.8 75.8 75.8 - - - - - Commodities derivatives (Future) 0.1 0.1 0.1 - - - - - Financial instruments not designated as cash flow hedge Currency derivatives (NDF) 12.3 36.1 36.1 - - - - - Currency derivatives (Future) 9.4 9.4 9.4 - - - - - Swap (index / currency / stocks) 99.2 98.9 98.9 - - - - - Commodities derivatives (Future) 3.4 3.4 3.4 - - - - - 4.4. Market risk management a. Interest rate risk Interest rate risk is the one that may cause economic losses to the Company resulting from volatility of the rates, affecting its assets and liabilities. The Company’s Risk Policy does not restrict exposure to different interest rates, neither establishes limits for fixed or floating rates. However, the Company continually monitors the market interest rates, in order to evaluate any need to enter into hedging transaction to protect from the exposure to fluctuation of such rates and manage the mismatch between its financial investments and debts. The Company’s indebtedness is essentially linked to the London Interbank Offered Rate ("LIBOR"), fixed coupon (“R$ and USD”), Interbank Deposit Certificate (“CDI”) and Broad Consumer Price Index (“IPCA”). In situations of adverse market changes that result in an increase in LIBOR, CDI and IPCA, the cost of floating-rate debt rises and on the other hand, the cost of fixed-rate debt decreases in relative terms. Regarding the marketable securities, the Company holds mainly instruments indexed by the Interbank Deposit Certificate ("CDI") for investments in Brazil and fixed coupon (“USD”) for investments in the foreign market. The derivative instruments held to reduce the interest rate risk exposure as of December 31, 2018 are set forth below: 12.31.18 Cash flow hedges - Derivative instruments Maturity Hedged Object Asset Liability Notional Fair value (R$) Interest rate swap 02.01.19 Debt LIBOR 6M + 2.70% p.a. 5.90% p.a. 25.0 US$ - Interest rate swap 02.01.19 Debt LIBOR 6M + 2.70% p.a. 5.88% p.a. 25.0 US$ - 12.31.18 Derivative instruments not designated Maturity Hedged Object Asset Liability Notional Fair value (R$) Interest rate swap 04.02.19 Debt R$ (Fixed 9.61% p.a.) 95.00% CDI 250.0 BRL 13.3 Interest rate swap 04.02.19 Debt R$ (Fixed 9.61% p.a.) 93.54% CDI 249.0 BRL 13.8 27.1 b. Foreing exchange risk Foreign exchange risk is the one that may cause unexpected losses to the Company resulting from volatility of the FX rates, reducing its assets or revenues or increasing its liabilities and costs. The Company’s exposure is managed in two dimensions: statement of financial position exposure and operating income exposure. i. Statement of financial position exposure The Risk Policy regarding the statement of financial position exposure has the objective to balance assets and liabilities denominated in foreign currencies, hedging the Company’s statement of financial position by using natural hedges, over-the-counter derivatives and exchange traded futures. The Company’s consolidated financial statements are mainly impacted by variations in the following currencies: Kuwait Dinar, United Arab Emirates Dirhan, U.S. Dollar, Euro, Yen, Turkish Lira, Saudi Arabian Riyal, Qatari Riyal and Russian Ruble, Thai Baht, Pound Sterling, Argentinian Peso. The last three shall loose relevance in 2019, aligned with the discontinuation of the Argentina, Europe and Thailand Operations. Assets and liabilities denominated in foreign currency which exchange variations are recognized in the income statement are as follows, summarized in Brazilian Reais: 12.31.18 12.31.17 Cash and cash equivalents 127.3 278.1 Trade accounts receivable 65.8 862.2 Trade accounts payable (861.3) 31.4 Loans and financing (7,348.0) (6,136.4) Hedge 5,209.2 3,049.7 Investments, net 2,571.9 1,985.7 Other assets and liabilities, net 0.3 (15.3) Exposure in result (234.8) 55.4 The investments, net line item is comprised of natural hedges derived from assets and liabilities of foreign subsidiaries with Brazilian Reais as functional currency. The net P&L exposure is mainly composed of the following currencies: 12.31.18 12.31.17 Net P&L Exposure in millions Equivalent in millions of R$ in millions Equivalent in millions of R$ Argentinian Peso 1,812.8 186.5 1,066.3 187.1 Euros (87.7) (389.4) (41.0) (162.8) Pound Sterling (14.4) (71.3) 2.9 13.1 Yen 114.6 4.0 1,309.7 38.5 Rubles 1,649.3 91.7 1,334.3 76.6 Turkish Liras (475.6) (348.6) (391.2) (342.4) U.S. Dollars 75.4 292.3 74.2 245.3 Total (234.8) 55.4 The Company’s foreign subsidiaries have amounts denominated in Brazilian Reais registered as trade accounts payable, which reduces the exposure to liabilities in foreign currencies registered in Brazil. On December 31, 2017, this effect overcame the amount of trade accounts payable in foreign currencies registered in Brazil, generating an inversion of the trade accounts payable exposure when compared to December 31, 2018. In other situations, this dynamic may also occur for cash and cash equivalents. In addition, the Company has a foreign exchange exposure related to investments abroad that impacts shareholders’ equity equivalent to R$5,872.0 on December 31, 2018 (R$5,519.3 on December 31, 2017). This exposure does not contemplate the effects of the financial instruments designated as hedging instruments, whose changes in fair value present a temporary effect on shareholders’ equity. The derivative financial instruments hired to hedge foreign currency statement of financial position exposure on December 31, 2018 are not designated as hedge accounting and are set forth below: 12.31.18 Derivative instruments not designated Asset Liability Maturity Notional Average Rate Fair value (R$) Non-deliverable forward USD BRL 1st Qtr. 2019 127.0 US$ 3.9152 (2.5) Non-deliverable forward EUR BRL 1st Qtr. 2019 396.0 EUR 4.5145 (9.1) Non-deliverable forward GBP BRL 1st Qtr. 2019 49.0 GBP 4.9844 (0.7) Futures - B3 USD BRL 02.2019 594.8 US$ 3.8786 (9.4) Currency swap US$ + 2.61% p.a. 89.00% CDI 04.2019 50.4 US$ - 4.4 Currency swap US$ + 4.67% p.a. 109.00% CDI 11.2019 55.0 US$ - 4.9 Non-deliverable forward EUR US$ 1st Qtr. 2019 100.0 EUR 1.1468 2.4 Collar TRY US$ 1st Qtr. 2019 50.0 US$ 5.6215 (0.8) Total (10.8) ii. Operating income exposure The Risk Policy regarding operating income exposure has the objective to hedge revenues and costs denominated in foreign currencies. The Company is supported by internal models to measure and monitor these risks, and uses financial instruments for hedging, designating the relations as cash flow hedges. The derivative and non-derivative financial instruments designated as cash flow hedges for FX operating exposure on December 31, 2018 are set forth below: 12.31.18 Cash flow hedges - Derivative instruments Hedged object Asset Liability Maturity Notional Average Rate Fair value (R$) Non-deliverable forward USD Exports BRL US$ 1st Qtr. 2019 70.0 US$ 3.8642 (1.5) Non-deliverable forward USD Exports BRL US$ 2nd Qtr. 2019 20.0 US$ 3.8868 (0.3) Non-deliverable forward USD Exports BRL US$ 3rd Qtr. 2019 30.0 US$ 3.9845 1.2 Non-deliverable forward USD Cost BRL US$ 1st Qtr. 2019 54.8 US$ 3.8014 (4.5) Non-deliverable forward USD Cost BRL US$ 2nd Qtr. 2019 40.8 US$ 3.9258 0.3 Non-deliverable forward USD Cost BRL US$ 3rd Qtr. 2019 11.7 US$ 4.1418 2.3 Non-deliverable forward USD Cost BRL US$ 4th Qtr. 2019 2.5 US$ 3.9441 (0.1) Non-deliverable forward EUR Exports BRL EUR 1st Qtr. 2019 10.0 EUR 4.4645 0.2 Non-deliverable forward JPY Exports BRL JPY 1st Qtr. 2019 6,365.6 JPY 0.0351 (1.8) Collar USD Exports BRL US$ 1st Qtr. 2019 385.0 US$ 3.9664 22.8 Collar USD Exports BRL US$ 2nd Qtr. 2019 180.0 US$ 3.9560 3.9 Collar USD Exports BRL US$ 3rd Qtr. 2019 80.0 US$ 4.0912 7.6 Collar USD Exports BRL US$ 4th Qtr. 2019 35.0 US$ 3.9471 (1.5) Collar USD Exports BRL US$ 1st Qtr. 2019 25.0 US$ 3.5172 (7.2) Total 21.4 12.31.18 Cash flow hedges - Non-derivative instruments Coverage Asset Liability Maturity Notional Average Rate Fair value (R$) (1) Export prepayment - PPE USD Exports - US$ 01.2019 to 02.2019 33.3 US$ 1.8758 (129.1) Bond BRF SA BRFSBZ5 USD Exports - US$ 06.2022 118.7 US$ 2.0213 (561.4) Bond BRF SA BRFSBZ3 USD Exports - US$ 05.2023 150.0 US$ 2.0387 (581.2) Total (1,271.7) (1) Notional amount converted by the Ptax rate at the end of the period or partial revocation dates. This amount represents the total that may impact the Company's shareholders' equity. c. Commodities price risk In the ordinary course of business, the Company purchases commodities, mainly corn, soybean, soybean meal and soybean oil, individual components of the production costs. Corn, soy, grain prices are subject to volatility resulting from weather conditions, harvest productivity, transport and warehouse costs, government agricultural policies, FX rates and international market prices, among other factors. The Risk Policy establishes coverage limits to the flow of purchases of corn, grain and soy with the purpose of reducing the impact due to a price increase of these raw materials. The hedge may be reached using derivatives or by inventory management. The financial instruments designated as cash flow hedges and fair value hedges for the commodities price exposure on December 31, 2018 are set forth below: 12.31.18 Cash flow hedges - Derivative instruments Hedged object Index Maturity Quantity Average rate (US$/Ton) Fair value (R$) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 1st Qtr. 2019 6.0 ton 144.56 (1.5) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 2nd Qtr. 2019 14.0 ton 128.80 (0.7) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 3rd Qtr. 2019 21.0 ton 127.54 (0.4) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 4th Qtr. 2019 10.0 ton 127.21 (0.1) Non-deliverable forward - buy Soybean purchase - fixed price Soybean - CBOT 1st Qtr. 2019 17.0 ton 356.46 (1.8) Non-deliverable forward - buy Soybean purchase - fixed price Soybean - CBOT 2nd Qtr. 2019 29.0 ton 342.35 (0.9) Non-deliverable forward - buy Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 15.0 ton 143.04 0.3 Non-deliverable forward - buy Corn purchase - floating price Corn - CBOT 2nd Qtr. 2019 46.0 ton 148.56 0.4 Corn futures - buy Corn purchase - floating price Corn - B3 1st Qtr. 2019 10.8 ton 599.58 - Corn futures - buy Corn purchase - floating price Corn - B3 2nd Qtr. 2019 23.5 ton 611.43 (0.1) Non-deliverable forward - buy Soybean oil purchase - floating price Soybean oil - CBOT 1st Qtr. 2019 10.0 ton 726.42 (4.3) Total (9.1) 12.31.18 Fair value hedges - Derivative instruments Hedged object Index Maturity Quantity Average rate (US$/Ton) Fair value (R$) Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 364.7 ton 157.56 14.0 Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 2nd Qtr. 2019 263.7 ton 157.28 4.4 Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 3rd Qtr. 2019 84.3 ton 153.06 (0.6) Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 22.2 ton 157.40 0.1 Total 17.9 d. Stock price risk On August 16, 2017, the Company sold shares held in treasury and entered into a Total Return Swap instrument registered in B3, in equivalent amount, settled on February 05, 2019. By this instrument, the paid the variation on the stock price (BRFS3) in exchange for the payment of interest indexed to CDI. This swap does not qualify as hedge accounting and therefore was not designated as such. Additionally, there are securities given as guarantee to the counterparty, as demonstrated in note 15. The position of the Total Return Swap on December 31, 2018 is set forth below: 12.31.18 Derivative instruments not designated Maturity Asset Liability Notional Fair value (R$) Total Return Swap 02.2019 BRFS3 110.00% CDI 170.0 R$ (99.2) (99.2) 4.5. Hedge accounting 4.5.1. Relations designated as hedge accounting The Company applies hedge accounting rules for derivative and non-derivative financial instruments that qualify as cash flow hedges and fair value hedges, in accordance with the Risk Policy determinations. For all the hedge relations, the hedge index, which represents the proportion of the object hedged by the instrument, is 100%. The Company formally designates its hedge accounting relations in compliance with IFRS 09 and the Risk Policy. The hedge accounting relations used by the company as of December 31, 2018 and their effects are described below: i. Cash flow hedge accounting – exports in foreign currencies The future exports in foreign currencies are highly probable and qualify as hedged object since the Company expects to keep its sales in foreign currencies for future periods, based on sales already committed and historical exports. The derivative and non-derivative financial instruments used for hedging (detailed in note 4.4.b.ii) have a direct economic relation with the objects risk, since both are transactions in the same currency. The main source of ineffectiveness in this relation is the possible mismatch between the instruments maturity dates and the sales dates. However, this mismatch is limited within the month of designation and it is not expected to compromise the hedge relation. ii. Cash flow hedge – commodities The future commodities purchases are highly probable and qualify as hedge object as far as these inputs are essential for the productive process of the Company. The exposure consists of purchases already committed and of historical purchase volumes. The derivative instruments used as hedge (detailed in note 4.4.c) have a strong economic relation with the objects risk, since the purchase prices negotiated with the suppliers are indexed to the same prices used as coverage. The main source of ineffectiveness is the sales seasonality, which in atypical situations may delay or anticipate the orders. It is not expected that this ineffectiveness may compromise the hedge relation. iii. Fair value hedge – commodities The Company has agreements with suppliers for future purchases at fixed prices. These agreements are firm commitments, which the company designates as fair value hedge objects. The derivative instruments used as hedge (detailed in note 4.4.c) have a strong economic relation with the objects risk, since the purchase prices negotiated with the suppliers are indexed to the same prices used as coverage. There are no identified sources of ineffectiveness that may compromise the hedge relation. 4.5.2. Gains and losses with hedge accounting instruments The gains and losses with the instruments designated as cash flow hedge, while unrealized, are registered as a component of other comprehensive income. For hedging instruments designated in fair value hedge relations, the unrealized gains and losses are recorded in inventories, item in which the object will be registered at initial recognition. 12.31.18 Cash flow hedge Fair value hedge Interest Foreign exchange Commodities Commodities Derivatives Derivatives Non-derivatives Derivatives Derivatives Total Fair value at the beginning of the exercise (13.3) (161.0) (1,679.5) (8.7) 1.7 (1,860.8) Settlement 5.3 576.3 647.9 28.4 11.0 1,268.9 Inventories - - - (7.5) 4.0 (3.5) Other comprehensive income 8.5 186.0 81.8 (11.5) - 264.8 Operating result - income - (379.8) (43.9) - - (423.7) Operating result - cost - (86.1) (41.9) (9.8) 1.2 (136.6) Financial result (0.6) (113.9) (236.2) - - (350.7) Fair value at the end of the exercise (0.1) 21.5 (1,271.8) (9.1) 17.9 (1,241.6) 4.6. Sensitivity analysis The Management understands that the most relevant risks that may affect the Company’s income are: volatility of commodities prices, stock prices and foreign exchange rates. Currently the fluctuation of the interest rates do not affect significantly the Company’s results since Management has chosen to keep at fixed rates a considerable portion of its debts. The scenarios below are compliant with CVM Instruction 475/08 and present the possible impacts of the financial instruments considering situations of increase and decrease in the selected risk factors. The amounts of exports used correspond to the notional amount of the financial instruments designated for hedge accounting. The information used in the preparation of the analysis are based on the position as of December 31, 2018, which were described in the items above. The future results to be measured may diverge significantly of the estimated values if the reality presents different than the considered premises. Positive values indicate gains and negative values indicate losses. 3.8748 3.4873 2.9061 4.8435 5.8122 Parity - Brazilian Reais x U.S. Dollar Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ 4.1 93.2 226.8 (218.5) (441.2) Options - currencies Devaluation of R$ 32.7 278.0 680.9 (559.4) (1,242.3) Export prepayments Devaluation of R$ (66.6) (53.7) (34.3) (98.9) (131.2) Bonds Devaluation of R$ (495.4) (391.3) (235.1) (755.6) (1,015.9) Exports (object) Appreciation of R$ 526.5 117.7 (530.5) 1,527.4 2,619.1 Cost (object) Appreciation of R$ (1.4) (43.9) (107.8) 105.1 211.5 Not designated as hedge accouting NDF - Purchase Appreciation of R$ (5.1) (54.3) (128.2) 117.9 240.9 Future purchase - B3 Appreciation of R$ (2.3) (232.7) (578.4) 573.9 1,150.0 Net effect (7.5) (287.0) (706.6) 691.9 1,390.9 4.4390 3.9951 3.3293 5.5488 6.6585 Parity - Brazilian Reais x Euro Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ 0.3 4.7 11.4 (10.8) (21.9) Exports (object) Appreciation of R$ (0.3) (4.7) (11.4) 10.8 21.9 Not designated as hedge accouting NDF - Purchase EUR x US$ Devaluation of R$ (0.5) (44.9) (111.5) 110.5 221.5 NDF - Purchase Devaluation of R$ (29.9) (205.7) (469.4) 409.6 849.0 Net effect (30.4) (250.6) (580.9) 520.1 1,070.5 4.9617 4.4655 3.7213 6.2021 7.4426 Parity - Brazilian Reais x GBP Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ (1.1) (25.4) (61.9) 59.7 120.4 Net effect (1.1) (25.4) (61.9) 59.7 120.4 Parity - Brazilian Reais x JPY Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accounting Non-deliverable forward Devaluation of R$ (1.1) 21.4 55.0 (57.2) (113.4) Exports (object) Appreciation of R$ 1.1 (21.4) (55.0) 57.2 113.4 Net effect - - - - - 150.60 135.54 112.95 188.25 225.90 Price parity CBOT - Corn - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting Non-deliverable forward - Corn sale Increase in the price of corn 18.1 60.9 125.3 (89.1) (196.4) Non-deliverable forward - Corn purchase Decrease in the price of corn 0.8 (2.7) (8.1) 9.7 18.6 Cost (object) Decrease in the price of corn (18.9) (58.2) (117.2) 79.4 177.8 Net effect - - - - - 124.99 112.49 93.74 156.24 187.49 Price parity CBOT - Soybean meal - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting Non-deliverable forward - Soybeal meal purchase Decrease in the price of soybean meal (1.0) (3.4) (7.1) 5.2 11.4 Cost (object) Increase in the price of soybean meal 1.0 3.4 7.1 (5.2) (11.4) Net effect - - - - - 332.31 299.08 249.23 415.39 498.46 Price parity CBOT - Soybean - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting NDF - Soybean purchase Decrease in the price of soybean (2.7) (8.6) (17.5) 12.1 26.9 Cost (object) Increase in the price of soybean 2.7 8.6 17.5 (12.1) (26.9) Net effect - - - - - 613.99 552.59 460.49 767.48 920.98 Price parity CBOT - soybean oil - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting NDF - Soybean oil purchase Decrease in the price of soybean oil (4.4) (6.7) (10.3) 1.6 7.5 Cost (object) Increase in the price of soybean oil 4.4 6.7 10.3 (1.6) (7.5) Net effect - - - - - 21.93 19.74 16.45 27.41 32.90 Price parity - Shares BRFS3 - R$ Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Not designated as hedge accounting Stock swap Decrease in the share price (99.2) (108.0) (121.3) (77.0) (54.8) Net effect (99.2) (108.0) (121.3) (77.0) (54.8) 4.7. Financial instruments by category 12.31.18 Amortized cost Fair value through other comprehensive income Fair value through profit and loss Total Equity instruments Debt instruments Assets Cash and bank 722.9 - - - 722.9 Cash equivalents - - - 4,146.7 4,146.7 Marketable securities 331.4 139.5 16.4 310.4 797.7 Restricted cash 861.6 - - - 861.6 Trade accounts receivable 2,409.7 - - 203.2 2,612.9 Other credits 204.1 - - - 204.1 Derivatives not designated - - - 41.4 41.4 Derivatives designated as hedge accounting (1) - - - 140.9 140.9 Liabilities Trade accounts payable (5,732.3) - - - (5,732.3) Supply chain finance (885.8) - - - (885.8) Loans and financing (22,165.4) - - - (22,165.4) Finance lease payable (215.4) - - - (215.4) Derivatives not designated - - - (124.2) (124.2) Derivatives designated as hedge accounting (1) - - - (110.8) (110.8) (24,469.2) 139.5 16.4 4,607.6 (19,705.7) (1) All derivatives are measured at fair value. Those designated as hedge accounting have their gains and losses also affecting other comprehensive income and inventories. 12.31.17 Amortized cost Fair value through other comprehensive income Fair value through profit and loss Total Equity instruments Debt instruments Assets Cash and bank 1,670.1 - - - 1,670.1 Cash equivalents - - - 4,340.7 4,340.7 Marketable securities 257.0 328.8 15.4 196.0 797.2 Restricted cash 535.6 - - - 535.6 Trade accounts receivable 3,925.3 - - - 3,925.3 Other credits 229.5 - - - 229.5 Other receivables 28.9 - - - 28.9 Derivatives not designated - - - 63.1 63.1 Derivatives designated as hedge accounting (1) - - - 27.5 27.5 Liabilities Trade accounts payable (6,642.2) - - - (6,642.2) Supply chain finance (715.2) - - - (715.2) Loans and financing (20,444.4) - - - (20,444.4) Finance lease payable (232.6) - - - (232.6) Derivatives not designated - - - (90.7) (90.7) Derivatives designated as hedge accounting (1) - - - (208.8) (208.8) (21,388.0) 328.8 15.4 4,327.8 (16,716.0) (1) All derivatives are measured at fair value. Those designated as hedge accounting have their gains and losses also affecting other comprehensive income and inventories. 4.8. Fair value of the financial instruments The fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Depending on the inputs used for measurement, the financial instruments at fair value are classified into 3 hierarchy levels: · Level 1 – Prices quoted (not adjusted) for identical instruments in active markets. In this category are investments in stocks, credit linked notes, savings accounts, overnights, term deposits, Financial Treasury Bills (“LFT”) and investment funds are classified at level 1; · Level 2 – Prices quoted in active markets for similar instruments, prices quoted for identical or similar instruments in non-active markets and evaluation models for which inputs are observable. Investments in Bank Deposit Certificates (“CDB”) and derivatives, which are measured by well-known pricing models: discounted cash flows and Black-Scholes. The observable inputs are interest rates and curves, volatility factors and foreign exchange rates; and · Level 3 – Instruments whose significant inputs are non-observable. The Company does not have financial instruments in this classification. The table below presents the overall classification of financial instruments measured at fair value by measurement hierarchy. For the period ended on December 31, 2018, there were no changes between the 3 levels of hierarchy. 12.31.18 12.31.17 Level 1 Level 2 Total Level 1 Level 2 Total Financial Assets Fair value through other comprehensive income Credit linked notes 16.4 - 16.4 15.5 - 15.5 Stocks 139.5 - 139.5 328.8 - 328.8 Fair value through profit and loss Savings account and overnight 401.1 - 401.1 649.6 - 649.6 Term deposits 21.2 - 21.2 158.0 - 158.0 Bank deposit certificates - 3,720.7 3,720.7 - 3,527.8 3,527.8 Financial treasury bills 295.7 - 295.7 166.3 - 166.3 Investment funds 3.7 - 3.7 35.0 - 35.0 Derivatives - 182.3 182.3 - 90.5 90.5 Financial Liabilities Fair value through profit and loss Derivatives - (235.0) (235.0) - (299.5) (299.5) 877.6 3,668.0 4,545.6 1,353.2 3,318.8 4,672.0 Except for the items set forth below, the book value of all other financial instruments approximates their fair value. The fair value of financial instruments set forth below is based in prices observed in active markets, level 1 of the fair value hierarchy. 12.31.18 12.31.17 Maturity Book value Fair value Book value Fair value BRF bonds BRF SA BRFSBZ5 2022 (451.5) (456.2) (369.6) (406.7) BRF SA BRFSBZ4 2024 (2,898.9) (2,695.9) - - BRF SA BRFSBZ3 2023 (1,888.8) (1,754.6) (1,608.3) (1,578.7) BRF SA BRFSBZ7 2018 - - (503.8) (502.4) BRF SA BRFSBZ2 2022 (2,248.5) (2,190.0) (1,997.5) (1,974.5) BFF bonds Sadia Overseas BRFSBZ7 2020 (343.0) (349.2) (292.2) (299.9) Bonds BRF - SHB BRF SA BRFSBZ4 2024 - - (2,465.4) (2,427.8) Bonds BRF Gmbh BRF SA BRFSBZ4 2026 (1,915.7) (1,702.2) (1,628.9) (1,553.1) Quickfood bonds Quickfood 2022 - - (168.0) (168.0) Consolidated (9,746.4) (9,148.1) (9,033.7) (8,911.1) On December 31, 2018, the balance of the bond of Quickfood was reclassified to liabilities directly associated with the assets held for sale, according to note 12.

5. SEGMENT INFORMATION

5. SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2018
Segment Information
SEGMENT INFORMATION	The operating segments are reported consistently with the management reports provided to the chief operating decision maker for assessing the performance of each segment and allocating resources. With the discontinuation of Operations in Argentina, Europe and Thailand the Company has changed its operating segments which primarily observe the Company's business areas, being: (i) Brazil; (ii) Halal (formerly One Foods); (iii) International, which absorbed the continued operations formerly reported in the Southern Cone, and no longer presenting operations in Europe and Thailand; and (iv) Other Segments. During the fourth quarter of 2018, the Southern Cone was extinct. These segments include sales of all distribution channels and operations subdivided according to the nature of the products whose characteristics are described below: · Poultry · Pork and other · Processed · Other sales Other segments are divided into: · Ingredients · Other segments The net sales for each reportable operating segment are set forth below: Net sales 12.31.18 Restated 12.31.17 Restated 12.31.16 Brazil In-natura 3,996.8 3,489.9 3,109.0 Poultry 3,197.1 2,697.5 2,410.3 Pork and other 799.7 792.4 698.7 Processed 12,271.3 11,681.6 11,600.8 Other sales 16.7 17.1 98.2 16,284.8 15,188.6 14,808.0 Halal In-natura 6,685.1 5,588.8 5,584.3 Poultry 6,632.9 5,554.4 5,542.1 Other 52.2 34.4 42.2 Processed 1,295.6 909.7 642.3 Other sales 312.6 195.5 - 8,293.3 6,694.0 6,226.6 International In-natura 4,213.5 4,736.9 5,125.2 Poultry 3,382.4 3,401.4 4,106.5 Pork and other 831.1 1,335.5 1,018.7 Processed 553.4 654.0 863.7 Other sales 0.3 222.6 11.2 4,767.2 5,613.5 6,000.1 Other segments Ingredients 436.2 269.2 - Other sales 406.9 548.8 849.2 843.1 818.0 849.2 30,188.4 28,314.1 27,883.9 The operating income for each reportable operating segment is set forth below: 12.31.18 Restated 12.31.17 Restated 12.31.16 Brazil 589.5 960.7 1,012.1 Halal 323.9 7.5 348.6 International (287.5) 46.1 690.5 Other segments 77.6 71.9 20.7 Ingredients 115.0 52.1 - Other sales (37.4) 19.8 20.7 Sub total 703.5 1,086.2 2,071.9 Corporate (909.8) (423.0) (109.0) (206.3) 663.2 1,962.9 (1) The Corporate line presented above refers to relevant events not attributable to the normal course of its business either to the operating segments. For the year ended December 31, 2018, the main events were R$492.8 related to Trapaça Carne Fraca Carne Fraca No customer individually or in aggregate accounted (economic group) for more than 5% of net sales for the year ended on December 31, 2018, 2017 and 2016. The goodwill and intangible assets with indefinite useful life (trademarks) arising from business combination were allocated to the reportable operating segments, considering the nature of the products manufactured in each segment (cash-generating unit), as presented below: Goodwill Trademarks Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Brazil 1,151.5 1,151.5 982.5 982.5 2,134.0 2,134.0 Halal 1,465.2 1,388.1 353.7 389.2 1,818.9 1,777.3 International 78.3 1,345.4 - 24.5 78.3 1,369.9 Southern Cone - 307.2 - 253.7 - 560.9 2,695.0 4,192.2 1,336.2 1,649.9 4,031.2 5,842.1 Information referring to the total assets by reportable segments is not being disclosed, as it is not included in the set of information made available to the chief operating decision maker, which take investment decisions and determine allocation of assets on a consolidated basis.

6. CASH AND CASH EQUIVALENTS

6. CASH AND CASH EQUIVALENTS	12 Months Ended
	Dec. 31, 2018
Cash and cash equivalents [abstract]
CASH AND CASH EQUIVALENTS	Average rate (p.a.) 12.31.18 12.31.17 Cash and bank accounts U.S. Dollar - 118.9 525.1 Brazilian Reais - 97.4 135.0 Euro - 52.8 181.8 Other currencies - 453.7 828.3 722.8 1,670.2 Cash equivalents In Brazilian Reais Investment funds 1.80% 3.7 5.3 Savings account 2.56% - 4.0 Bank deposit certificates 5.75% 3,720.8 3,527.8 3,724.5 3,537.1 In U.S. Dollar Term deposit - - 66.2 Overnight 0.54% 401.1 645.6 Other currencies Term deposit 2.68% 21.2 91.7 422.3 803.5 4,869.6 6,010.8

7. MARKETABLE SECURITIES

7. MARKETABLE SECURITIES	12 Months Ended
	Dec. 31, 2018
Marketable Securities
MARKETABLE SECURITIES	Average interest rate (p.a.) WATM (1) Currency 12.31.18 12.31.17 Fair value through other comprehensive income Credit linked note (a) 1.08 US$ 3.85% 16.4 15.4 Stocks (b) - R$ and HKD - 139.4 328.8 155.8 344.2 Fair value through profit and loss Financial treasury bills (c) 5.31 R$ 6.40% 295.7 166.3 Fundo de Investimentos - FIDC (d) 4.96 R$ - 14.7 - Investment funds - ARS - - 29.7 310.4 196.0 Amortized cost Sovereign bonds and others (c) 3.36 AOA and R$ 3.82% to 6.40% 331.4 257.0 797.6 797.2 Current 507.0 228.4 Non-current (2) 290.6 568.8 (1) Weighted average maturity in years. (2) Maturity within up to September 01, 2024. (a) The credit linked note is a structured operation with a first-class financial institution that bears periodic interest (LIBOR + spread) and corresponds to a credit note that contemplates the Company’s risk. (b) Is composed as set forth below: Quantity of shares Share value Total Entities Ticker 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Minerva BEEF3 15,204,100 26,000,000 4.99 10.65 75.9 276.9 Cofco Meat 1610 77,583,000 77,583,000 HKD1,45 / R$0,72 HKD1,58 / R$0,67 HKD112,5 / R$55,6 HKD122,6 / R$51,9 Eletrobras ELET6 275,039 0 28.17 - 7.7 - Engie Brasil EGIE3 5,055 0 33.02 - 0.2 - (c) Comprised of Financial Treasury Bills (“LFT”) remunerated at the rate of the Special System for Settlement and Custody (“SELIC”) and securities of the Angola Government denominated in Kwanzas. (d) Application in junior quotas of the Credit rights investment fund (“FIDC BRF”), as described in note 1.6. The unrealized loss on the marketable securities measured at fair value through other comprehensive income, recorded in Shareholders' Equity, corresponds to the accumulated amount of R$98.5 net of income tax of R$43.8 (loss of R$56.3 net of income tax of R$23.0 as of December 31, 2017). The loss realized on disposal of these investments, recorded in accumulated losses, is R$64.0. The balance of expected credit losses in marketable securities measured at amortized cost at on December 31, 2018 is R$9.0, of which R$7.6 was recognized in the financial expenses for the year. Additionally, on December 31, 2018, of the total of marketable securities, R$288.0 (R$16.2 as of December 31, 2017) were pledged as collateral (without restrictions for use) for operations with future contracts denominated in U.S. Dollars, traded on the B3 S.A. – Brasil, Bolsa, Balcão (“B3”).

8. TRADE ACCOUNTS RECEIVABLE, N

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES	12 Months Ended
	Dec. 31, 2018
Trade Accounts Receivable Net And Other Receivables
TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES	12.31.18 12.31.17 Trade accounts receivable, net Domestic customers 1,098.7 1,622.8 Domestic related parties - 2.6 Foreign customers 1,974.0 2,754.0 Foreign related parties 59.3 27.2 3,132.0 4,406.6 ( - ) Adjustment to present value (10.3) (13.7) ( - ) Expected credit losses (508.8) (467.6) 2,612.9 3,925.3 Current 2,604.9 3,919.0 Non-current 8.0 6.3 Notes receivable 235.4 260.6 ( - ) Adjustment to present value (0.3) (0.3) ( - ) Expected credit losses (31.0) (30.8) 204.1 229.5 Current 115.1 113.1 Non-current (1) 89.0 116.4 The assignment of credits to FIDC BRF, as presented in note 1.6, reflected in a significant reduction in the amount of accounts receivable - third parties in the country. On December 31, 2008, the amount transferred to the Fund is R$ 643.7. Part of the balance with foreign related parties is tied to Agribusiness Receivable Certificate (“CRA) operation, as disclosed in the note 19.2. 12.31.18 Operation Date Maturity Average rate Principal value Updated Value CRA 2019 - 2sd Issue 04.19.2016 04.19.2019 96,5% CDI 1,000.0 1,026.9 CRA 2020 - 3th Issue 12.16.2016 12.16.2020 96,0% CDI 780.0 781.7 CRA 2023 - 3th Issue 12.16.2016 12.18.2023 IPCA + 5,90% 720.0 788.9 2,500.0 2,597.5 On December 31, 2018 notes receivable are comprised mainly by receivables from the sales of several other assets and farms with an amount of R$189.1. The trade accounts receivable from related parties are disclosed in note 30. The consolidated balances, refers to transaction with joint ventures SATS BRF, in foreign market. The roll-forward of the allowance for expected credit losses is set forth below: 12.31.18 12.31.17 Beginning balance (467.6) (406.5) Inicial adoption IFRS 9 (12.6) - Transfer - held for sale (1) 9.0 - Business combination - (11.6) Provision (46.3) (75.3) Write-offs 49.5 30.8 Exchange rate variation (40.8) (5.0) Ending balance (508.8) (467.6) (1) Amount transferred to discontinued operations (note 12). The aging of trade accounts receivable is as follows: 12.31.18 12.31.17 Current 2,451.6 3,272.1 Overdue 01 to 60 days 133.0 364.3 61 to 90 days 25.4 98.9 91 to 120 days 10.6 33.7 121 to 180 days 27.0 74.6 181 to 360 days 36.8 170.8 More than 360 days 447.6 392.2 ( - ) Adjustment to present value (10.3) (13.7) ( - ) Expected credit losses (508.8) (467.6) 2,612.9 3,925.3

9. INVENTORIES

9. INVENTORIES	12 Months Ended
	Dec. 31, 2018
Inventories Abstract
INVENTORIES	12.31.18 12.31.17 Finished goods 2,200.8 2,986.5 Work in process 140.5 155.0 Raw materials 847.5 1,086.3 Packaging materials 73.8 87.0 Secondary materials 338.0 321.1 Warehouse 196.2 239.8 Imports in transit 103.9 103.9 Other 9.9 11.4 (-) Adjustment to present value (33.3) (42.8) 3,877.3 4,948.2 The costs of sales attributed to products sold during the year ended December 31, 2018 totaled R$25,320.8 (R$22,601.2 in 2017 and R$20,934.1 in 2016). Such amounts include the additions and reversals of inventory provisions, set forth in the table below: Provision for adjustment to realizable value Provision for deterioration Provision for obsolescence Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance (253.7) (93.5) (66.4) (26.2) (6.9) (7.7) (327.0) (127.4) Additions (317.1) (240.7) (153.2) (62.4) (25.2) (2.4) (495.5) (305.5) Reversals 143.4 80.8 - - - - 143.4 80.8 Write-offs 342.8 - 152.8 22.3 19.9 2.2 515.5 24.5 Restatement by Hyperinflation (4.9) - (0.5) - - - (5.4) - Transfer - held for sale (1) 23.9 - 7.2 - 0.3 - 31.4 - Business combination - - - - - 0.8 - 0.8 Exchange rate variation 0.1 (0.3) (0.5) (0.1) (0.1) 0.2 (0.5) (0.2) Ending balance (65.5) (253.7) (60.6) (66.4) (12.0) (6.9) (138.1) (327.0) (1) Amount arising from the assets held for sale (note 12). In 2018, the roll-forward of provisions presented above includes the impacts related to Trapaça Carne Fraca On December 31, 2018 and December 31, 2017, there were no inventory items pledged as collateral.

10. BIOLOGICAL ASSETS

10. BIOLOGICAL ASSETS	12 Months Ended
	Dec. 31, 2018
Biological Assets
BIOLOGICAL ASSETS	The balance of biological assets is segregated in current and non-current assets are set forth below: 12.31.18 12.31.17 Live animals 1,513.1 1,510.5 Total current 1,513.1 1,510.5 Live animals 698.4 639.8 Forests 362.9 263.9 Total non-current 1,061.3 903.7 2,574.4 2,414.2 The rollforward of biological assets for the year is set forth below: Current Non-current Live animals Total Live animals Forests Total Poultry Pork Poultry Pork 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 699.9 770.8 810.6 874.3 1,510.5 1,645.1 325.9 349.1 313.9 298.3 263.9 270.0 903.7 917.4 Additions/Transfer 415.4 547.9 1,820.0 1,692.0 2,235.4 2,239.9 246.3 84.3 233.6 203.8 31.9 35.3 511.8 323.4 Business combination - 103.0 - - - 103.0 - - - - - - - - Changes in fair value (1) 967.0 1,290.4 228.1 88.7 1,195.1 1,379.1 (95.9) (31.0) (144.7) (113.4) 106.9 7.4 (133.7) (137.0) Harvest - - - - - - - - - - (36.6) (41.2) (36.6) (41.2) Write-off - - - - - - (6.2) (8.4) - (0.2) (8.1) (3.7) (14.3) (12.3) Transfer between current and non-current 65.1 69.9 71.4 78.7 136.5 148.6 (65.1) (69.9) (71.5) (72.5) - - (136.6) (142.4) Transfer to inventories (1,539.5) (2,076.2) (1,980.5) (1,921.2) (3,520.0) (3,997.4) - - - - - - - - Exchange variation (18.7) (5.9) (6.5) (1.9) (25.2) (7.8) (3.5) 1.8 (5.8) (2.1) - - (9.3) (0.3) Restatement by Hyperinflation - - - - - - 0.1 - 3.1 - - - 3.2 - Transfer to assets held for sale (2) (6.4) - (12.8) - (19.2) - (20.1) - (11.6) - 4.9 (3.9) (26.8) (3.9) Ending balance 582.8 699.9 930.3 810.6 1,513.1 1,510.5 381.4 325.9 317.0 313.9 362.9 263.9 1,061.3 903.7 (1) (2) The acquisitions of biological assets for production (non-current) occur when there is an expectation that the production plan cannot be met with its own animals and, usually, these acquisitions refer to immature animals in the beginning of the life cycle. The living animals comprises poultry and pork and are segregated into consumable and for production. The animals classified as consumables are those intended for slaughtering to produce in-natura meat or processed products. Until they reach the adequate weight for slaughtering, they are classified as immature. The slaughtering and production process occurs sequentially and in a very short period of time, so that only live animals ready for slaughtering are classified as mature. The animals classified as for production (breeding stock) are those that have the function of producing other biological assets. Until they reach the age of reproduction they are classified as immature and when they are able to initiate the reproductive cycle, they are classified as mature. The Company determined that cost approach is the most appropriate methodology in order to obtain the fair value of its live animals. This is mainly due to the short life period of the animal, and the price that would be received in a sale in an active market that represent the amount near to the cost to produce an animal in the same level of maturity. For the breeding stock the production cost is reduced throughout its life considering its normal devaluation. The Company determined that income approach is the most appropriate methodology in order to obtain the fair value of its forests, as the asset value is correlated to the present value of the future cash flows generated by the biological asset. The quantities and balances per live animal assets are set forth below: 12.31.18 12.31.17 Quantity (thousand of heads) Value Quantity (thousand of heads) Value Consumable biological assets Immature poultry 188,248 582.8 199,337 699.9 Immature pork 4,011 930.3 3,987 810.6 Total current 192,259 1,513.1 203,324 1,510.5 Production biological assets Immature poultry 6,538 134.4 6,693 117.2 Mature poultry 11,958 246.8 11,113 208.6 Immature pork 203 74.1 229 67.8 Mature pork 439 243.1 445 246.2 Total non-current 19,138 698.4 18,480 639.8 211,397 2,211.5 221,804 2,150.3 The Company has forests as collateral for loan and tax/civil contingencies in the amount of R$66.3 (R$56.1 as of December 31, 2017). 10.1. Table of sensitivity analysis The live animals and forests fair value is determined using non-observable information and the best practices and data available at the moment the appraisal is done, being classified as level 3 in the fair value hierarchy. Impact on fair value measurement The estimated fair value can be change if: Asset Valuation methodology Non observable significant inputs Increase Decrease Forests Income approach Estimated price of standing wood Increase in the wood price Decrease in the wood price Productivity estimated per hectare Increase in yield per hectare Decrease in yield per hectare Harvest and transport cost Decrease of harvest cost Increase of harvest cost Discount rate Descrease in discount rate Increase in discount rate The assumptions applied include sensitivity to the prices used in the evaluation and the discount rate used in the discounted cash flow. Prices refer to the prices obtained in the regions in which the Company is located and obtained through market research. The discount rate corresponds to the average cost of capital and other assumptions to a market participant. The weighted average price used in the appraisal of the biological assets (forests) for the year ended December 31, 2018 was equivalent to R$33.00 (thirty-three Reais) per stereo (R$30.00 per stereo at December 31, 2017). The real discount rate used in the appraisal of the biological assets (forests) for the year ended December 31, 2018 was 7.01% (7.51% at December 31, 2017).

11. RECOVERABLE AND INCOME AND

11. RECOVERABLE AND INCOME AND SOCIAL CONTRIBUTION TAXES	12 Months Ended
	Dec. 31, 2018
Recoverable And Income And Social Contribution Taxes
RECOVERABLE AND INCOME AND SOCIAL CONTRIBUTION TAXES	Recoverable taxes 12.31.18 12.31.17 ICMS ("State VAT") 1,632.1 1,681.9 PIS and COFINS ("Federal Taxes to Social Fund Programs") 946.4 430.2 IPI ("Federal VAT") 836.7 791.2 INSS ("Brazilian Social Security") 307.9 280.4 Other 155.8 123.9 (-) Provision for losses (176.0) (160.5) 3,702.9 3,147.1 Current 560.4 728.9 Non-current 3,142.5 2,418.2 Income and social contribution tax Income and social contribution tax (IR/CS) 522.8 528.3 (-) Provision for losses (9.0) (9.0) 513.8 519.3 Current 506.5 499.3 Non-current 7.3 20.0 The rollforward of the provision for losses is set forth below: ICMS ("State VAT") PIS and COFINS ("Federal Taxes to Social Fund Programs") Income and social contribution tax IPI ("Federal VAT") Other Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance (122.9) (114.3) (19.7) (19.9) (9.0) (9.0) (13.6) (14.7) (4.3) (6.7) (169.5) (164.6) Additions (80.0) (37.7) - - - - - - (3.7) (2.3) (83.7) (40.0) Write-offs 61.9 29.1 2.3 0.2 - - - 1.2 0.5 4.0 64.7 34.5 Exchange rate variation - - - - - - - - 1.5 0.6 1.5 0.6 Transfer - held for sale (1) - - - - - - - - 2.0 - 2.0 - Ending balance (141.0) (122.9) (17.4) (19.7) (9.0) (9.0) (13.6) (13.5) (4.0) (4.4) (185.0) (169.5) (1) Amount transferred to discontinued operations (note 12). 11.1. State ICMS (“VAT”) Due to its (i) export activity, (ii) tax benefits, (iii) domestic sales that are subject to reduced tax rates and (iv) acquisition of property, plant and equipment, the Company generates tax credits that are offset against debits generated in sales in the domestic market or transferred to third parties and/or suppliers. The Company has ICMS credit balances in the states of Paraná, Santa Catarina, Mato Grosso do Sul and Amazonas, which will be carried out in the short and long term, based on a recovery study approved by Management. 11.2. PIS and COFINS Tax credits on Contribution to the Social Integration Program (“PIS”) and Contribution to Social Fund Programs (“COFINS”) arise from credits on purchases of raw materials used in the production of exported products or products that are taxed at zero rate, such as in-natura meat and margarine. In the year 2018, the credits of the company SHB were incorporated into the Parent Company (note 1.7). On November 27, 2018, the Company, based on a final decision of its merged company Perdigão Agroindustrial, had recognized its right to exclude ICMS from the PIS and COFINS calculation basis from 1992 to 2009. In accordance with the final and unappealable decision of this lawsuit, the Company calculated and accounted for the PIS/COFINS credit, which will be qualified for compensation with federal taxes. The value of the asset recognized is R$557.0, of which the principal amount of R$225.6 was recorded in other operating income, and interest and monetary restatements of R$331.4 recorded in financial income. The Company has other lawsuits of a similar nature in progress, as described in note 26.3.1. The use of these credits will occur through compensation with domestic sales operations of taxed products, with other federal taxes, and more recently with social security contributions, or even, if necessary, for requests for restitution. 11.3. Income and social contribution taxes Correspond to withholding taxes on marketable securities, interest and prepayments of income and social contribution taxes, which can be offset against other federal taxes.

12. ASSETS AND LIABILITIES HELD

12. ASSETS AND LIABILITIES HELD FOR SALE	12 Months Ended
	Dec. 31, 2018
Assets And Liabilities Held For Sale
ASSETS AND LIABILITIES HELD FOR SALE	On December 7, 2018, the Company of purchase and sale of its subsidiary Quickfood S.A. in Argentina, whereby Marfrig agreed to acquire 91.89% of its share capital for US$60.0 (equivalent to R$232.5). In addition, on the same date, it entered into a contract in which Marfrig makes the commitment to purchase certain properties and equipment of the Várzea Grande-MT plant, as well as an agreement for the supply of finished goods for the Company for 60 months. On January 23, 2019, the sale of properties and equipment was concluded for R$100.0. Following the signing of the commitment contracts of Quickfood S.A. by Marfrig, on January 02, 2019, the sale of the shares representing 91.89% of the subsidiary's capital was completed. On this date, Marfrig paid the amount of US$54.9 (equivalent to R$212.7) to BRF S.A. On December 19, 2018, the Company entered into an Instrument for the Purchase and Sale of Shares of its subsidiary Avex S.A. in Argentina, whereby Granja Tres Arroyos S.A. and Fribel S.A. agreed to acquire 100% of its share capital for US$50.0 (equivalent to R$193.7). On February 4, 2019 the transaction was completed. The sale value was US$44.8, of which US$22.5 was paid in cash and US$22.3 through the settlement of liabilities of Avex S.A. with BRF. During the fourth quarter of 2018, the Company has received binding offers for its subsidiary Campo Austral S.A. in Argentina and on January 10, 2019, a sale agreement has been executed for US$35.5 (equivalent to R$137.6). The transaction consists of (i) the sale of the plant located in the City of Florencio Varela, in Argentina, and all related assets and liabilities, including the "Bocatti" and "Calchaquí" trademarks, to the Argentinean company BOGS S.A. , (ii) the sale of 100% of the shares issued by Campo Austral S.A., including its San Andrés de Giles and Pilar plants and the Campo Austral trademark, to the Argentinean company La Piamontesa de Averaldo Giacosa y Compañía S.A.. On February 28, 2019 and on March 11, 2019, the sales to BOGS and to La Piamontesa were completed, respectively. Additionally, the negotiations for the sale of the operations in Europe and Thailand have developed significantly. On February 7, 2019 the Company executed a sale and purchase agreement with Tyson International Holding Co., providing for the terms and conditions for the sale of 100% of the shares held by the Company in subsidiaries located in Europe and Thailand. The amount agreed in this transaction is US$340.0 (equivalent to R$1,317.4). The closing of the sale of Europe and Thailand businesses is subject to the confirmation of the precedent conditions applicable to transactions of similar nature. The balances of the assets reclassified to assets held for sale and liabilities directly associated with assets held for sale are reflected below. 12.31.18 12.31.17 Operations from Argentina Operation from Europe and Thailand Others Total Others ASSETS CURRENT ASSETS Cash and cash equivalents 31.7 134.8 - 166.5 - Marketable securities 68.7 - - 68.7 - Trade accounts receivable, net 244.7 333.2 - 577.9 - Inventories 254.1 645.2 - 899.3 - Biological assets 19.2 - - 19.2 - Recoverable taxes 59.7 48.7 - 108.4 - Assets held for sale - 0.4 - 0.4 - Other current assets 18.1 6.3 - 24.4 - Total current assets 696.2 1,168.6 - 1,864.8 - NON-CURRENT ASSETS Trade accounts receivable, net 0.6 - - 0.6 - Deferred income and social contribution taxes - 8.0 - 8.0 - Biological assets 11.6 20.1 - 31.7 - Recoverable taxes 4.8 - - 4.8 - Other non-current assets 7.3 0.5 - 7.8 - Property, plant and equipment, net 329.6 327.2 169.8 826.6 41.6 Intangible assets 318.7 263.3 - 582.0 - Total non-current assets 672.6 619.1 169.8 1,461.5 41.6 TOTAL ASSETS 1,368.8 1,787.7 169.8 3,326.3 41.6 LIABILITIES CURRENT LIABILITIES Short-term debt 88.4 - - 88.4 - Trade accounts payable 270.8 155.1 - 425.9 - Payroll and related charges 42.1 42.7 - 84.8 - Liabilities with related parties 0.2 - - 0.2 - Employee and management profit sharing 3.0 3.0 - 6.0 - Tax payable 13.6 24.8 - 38.4 - Other current liabilities 51.1 95.2 - 146.3 - Total current liabilities 469.2 320.8 - 790.0 - NON-CURRENT LIABILITIES Long-term debt 67.4 - - 67.4 - Deferred income and social contribution taxes 142.0 26.2 - 168.2 - Provision for tax, civil and labor risks 70.6 0.3 - 70.9 - Other non-current liabilities - 35.0 - 35.0 - Total non-current liabilities 280.0 61.5 - 341.5 - TOTAL LIABILITIES AND EQUITY 749.2 382.3 - 1,131.5 - Assets and liabilities held for sale 619.6 1,405.4 169.8 2,194.8 41.6 When reclassifying to assets held for sale, assets began to be measured at the lower of the book value previously recorded and the fair value net of selling expenses. This measurement led to an impairment of these assets in the amount of R$56.5 in continued operations and R$2,476.2 in discontinued operations. The consolidated balance of other comprehensive income correlated to these operations on December 31, 2018 is R$701.0 related to cumulative translation adjustment and hyperinflation. This balance will be recognized as an expense at the moment of the effective sale. On December 31, 2018 the Argentine, Europe and Thailand operations accomplished the requirements of IFRS 5 and therefore were classified as Discontinued Operations. The statement of income (loss) and statement of cash flow of these operations are as follows: BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.18 Operations from Argentina Operations from Europe and Thailand Total NET SALES 1,737.4 2,603.2 4,340.6 Cost of sales (1,691.1) (2,331.3) (4,022.4) GROSS PROFIT 46.3 271.9 318.2 OPERATING INCOME (EXPENSES) Selling expenses (175.9) (220.4) (396.3) General and administrative expenses (36.1) (83.6) (119.7) Impairment loss on trade and other receivables (4.7) 4.6 (0.1) Other operating income (expenses), net 2.7 (36.4) (33.7) LOSS BEFORE FINANCIAL RESULTS AND INCOME TAXES (167.7) (63.9) (231.6) Financial expenses 261.5 132.2 393.7 Financial income 88.3 1.8 90.1 INCOME BEFORE TAXES 182.1 70.1 252.2 Current income taxes - (23.0) (23.0) Deferred income taxes (113.3) 8.5 (104.8) NET INCOME 68.8 55.6 124.4 Impairment loss on the remesuarement to fair value less cost to sell (1,060.1) (1,416.1) (2,476.2) LOSS (991.3) (1,360.5) (2,351.7) Net loss from discontinued operation attributable to Controlling shareholders (995.1) (1,338.0) (2,333.1) Non-controlling interest 3.9 (22.5) (18.6) BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.17 Operations from Argentina Operations from Europe and Thailand Total NET SALES 2,024.9 3,130.3 5,155.2 Cost of sales (1,845.9) (2,602.3) (4,448.2) GROSS PROFIT 179.0 528.0 707.0 OPERATING INCOME (EXPENSES) Selling expenses (221.5) (238.0) (459.5) General and administrative expenses (39.7) (72.4) (112.1) Impairment loss on trade and other receivables (1.1) (6.8) (7.9) Other operating expenses, net (50.5) (4.1) (54.6) INCOME (LOSS) BEFORE FINANCIAL RESULTS AND INCOME TAXES (133.8) 206.7 72.9 Financial expenses (342.9) 65.6 (277.3) Financial income 71.6 5.8 77.4 INCOME (LOSS) BEFORE TAXES (405.1) 278.1 (127.0) Current income taxes (1.3) (23.2) (24.5) Deferred income taxes 4.0 15.4 19.4 INCOME (LOSS) (402.4) 270.3 (132.1) Net income (loss) from discontinued operation attributable to Controlling shareholders (389.5) 248.2 (141.3) Non-controlling interest (12.9) 22.1 9.2 BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.16 Operations from Argentina Operations from Europe and Thailand Total NET SALES 1,994.0 3,854.9 5,848.9 Cost of sales (1,769.5) (3,671.6) (5,441.1) GROSS PROFIT 224.5 183.3 407.8 OPERATING INCOME (EXPENSES) Selling expenses (226.4) (184.7) (411.1) General and administrative expenses (59.9) (79.5) (139.4) Impairment loss on trade and other receivables 2.7 0.3 3.0 Other operating income (expenses), net 10.2 (18.2) (8.0) LOSS BEFORE FINANCIAL RESULTS AND INCOME TAXES (48.9) (98.8) (147.7) Financial expenses (256.7) (16.8) (273.5) Financial income 74.0 7.8 81.8 LOSS BEFORE TAXES (231.6) (107.8) (339.4) Current income taxes 9.1 (14.2) (5.1) Deferred income taxes 79.3 8.9 88.2 NET LOSS (143.2) (113.1) (256.3) Net loss from discontinued operation attributable to Controlling shareholders (132.0) (132.6) (264.6) Non-controlling interest (11.2) 19.4 8.2 BRF S.A. STATEMENTS OF CASH FLOWS - DISCONTINUED OPERATIONS Consolidated 12.31.18 12.31.17 12.31.16 OPERATING ACTIVITIES Loss for the year from discontinued operations (2,351.7) (132.1) (256.3) Adjustments to reconcile loss to net cash Depreciation and amortization 228.8 263.8 170.2 Depreciation and depletion of biological assets 27.2 21.9 22.9 Loss on disposals of property, plant and equipments 8.6 8.6 (4.7) Provision (reversal) for tax, civil and labor risks (67.0) 134.2 15.2 Impairment 2,476.2 - - Financial results, net (483.8) 199.8 179.8 Deferred income tax 104.7 (19.4) (88.2) Restatement by hyperinflation (426.5) - - Others (17.4) (45.2) (62.5) Cash flow (used in) provided by operating activities before working capital (500.9) 431.6 (23.6) Trade accounts receivable 37.9 (104.6) 1,133.2 Inventories 71.7 (319.7) 318.2 Biological assets - current assets 3.0 4.9 (1.8) Trade accounts payable (269.4) (161.0) (2,425.1) Supply chain finance (0.4) 0.3 - Cash flow used in operating activities (658.1) (148.5) (999.1) Investments in securities at FVTPL (403.2) (321.5) (682.7) Redemptions of securities at FVTPL 340.7 322.1 782.6 Interest received - - 0.3 Interest paid (29.8) (45.7) (65.2) Other assets and liabilities 617.7 173.2 447.8 Cash flow used in operating activities (132.7) (20.4) (516.3) INVESTING ACTIVITIES Additions to property, plant and equipment (57.3) (52.5) (745.5) Additions to biological assets - non-current assets (31.8) (31.5) (40.8) Additions to intangible assets (0.1) (0.1) (0.7) Business combination, net of cash acquired - - (2,078.0) Net cash used in investing activities (89.2) (84.1) (2,865.0) FINANCING ACTIVITIES Proceeds from debt issuance 821.7 1,678.1 666.4 Repayment of debt (921.5) (1,668.7) (539.9) Net cash (used in) provided by financing activities (99.8) 9.4 126.5 Net decrease in cash and cash equivalents (321.7) (95.1) (3,254.8) At the beginning of the year 488.2 583.3 3,838.1 At the end of the year 166.5 488.2 583.3

13. INCOME AND SOCIAL CONTRIBUT

13. INCOME AND SOCIAL CONTRIBUTION TAXES	12 Months Ended
	Dec. 31, 2018
Income And Social Contribution Taxes
INCOME AND SOCIAL CONTRIBUTION TAXES	13.1. Deferred income and social contribution taxes 12.31.18 12.31.17 Assets Tax loss carryforwards (corporate income tax) 1,724.0 1,438.9 Negative calculation basis (social contribution tax) 652.4 401.4 Temporary differences Provisions for tax, civil and labor risks 323.0 398.0 Suspended collection taxes 22.9 12.3 Expected credit losses 126.6 116.1 Provision for property, plant and equipment losses 37.1 6.3 Provision for losses on tax credits 62.7 53.2 Provision for other obligations 106.9 92.8 Provision for inventory losses 39.5 98.6 Employees' benefits plan 137.5 127.4 Unrealized losses on derivatives financial instruments 30.5 80.4 Unrealized losses on inventories 2.4 4.4 Provision for losses - notes receivables 6.9 13.7 Business combination - Sadia (1) 84.6 206.8 Other temporary differences 131.1 96.7 3,488.1 3,147.0 Temporary differences Unrealized gains on fair value (101.4) (38.5) Difference between tax and accounting basis of goodwill amortization (318.5) (301.8) Difference between tax and accounting depreciation rate (754.1) (694.2) Business combination - Sadia (1) (724.0) (727.1) Business combination - AKF (19.2) (17.8) Business combination - Dánica and Avex - (4.5) Business combination - Invicta - (30.9) Business combination - other companies (20.4) (35.8) Other - exchange rate variation (60.8) (54.9) Other temporary differences (35.8) (27.4) (2,034.2) (1,932.9) Total deferred tax 1,453.9 1,214.1 Total Assets 1,519.7 1,369.4 Total Liabilities (65.8) (155.3) 1,453.9 1,214.1 (1) The deferred tax asset on the business combination with Sadia is mainly computed on the difference between the goodwill amortization tax and accounting basis identified in the purchase price allocation. Deferred tax liability on business combination with Sadia is substantially represented by the fair value of property, plant and equipment, trademarks and contingent liabilities. The roll-forward of deferred tax is set forth below: 12.31.18 12.31.17 Beginning balance 1,214.1 947.0 Deferred income and social contribution taxes recognized in the statement of income 340.1 210.6 Deferred income and social contribution taxes writte-off for fiscal loss and negative calculation basis - PERT - (56.9) Deferred income and social contribution taxes recognized in other comprehensive income (68.7) 15.2 Deferred income and social contribution taxes on disposals of goodwill from BRF Gmbh and Invicta - 44.4 Deferred income and social contribution taxes related to discontinued operations (35.4) 19.4 Other 3.8 34.4 Ending balance 1,453.9 1,214.1 13.2. Estimated time of realization Deferred tax arising from temporary differences will be realized as these differences are settled. The period of the settlement or realization of such differences is uncertain and is tied to several factors that are not under control of the Management. When assessing the likelihood of the realization of deferred tax assets on income tax loss carryforward and negative calculation basis of social contribution tax, Management considers the Company’s budget, strategic plan and projected taxable income, which were approved by the Company's Board of Directors and Fiscal Council. Based on this estimate, Management believes that it is more likely than not that the deferred tax will be realized, as set forth below: 2019 0.1 2020 31.9 2021 134.3 2022 184.2 2023 286.4 2024 to 2026 1,010.4 2027 onwards 729.1 2,376.4 13.3. Income and social contribution taxes reconciliation 12.31.18 Restated Restated Loss before income and social contribution taxes - continued operations (2,447.8) (1,218.6) 22.0 Nominal tax rate 34% 34% 34% Credit (expense) at nominal rate 832.3 414.3 (7.5) Reconciling itens Income from associates and joint ventures (104.0) (64.1) 42.3 Exchange rate variation on foreign investments 110.0 71.7 (224.6) Difference of tax rates on results of foreign subsidiaries 389.4 (205.1) (144.9) Deferred tax assets not recognized (1) (591.7) - - Interest on shareholders' equity - - 174.5 Stock options (5.8) (7.3) (14.8) Transfer price (79.0) (15.8) (1.5) Investment grant 59.2 49.1 41.7 Special Regime for the Reintegration of Tax Values for Exporting Companies (Reintegra) 2.3 8.4 1.0 Write-off of unrealized tax assets (2) (268.7) - - Other permanent differences (10.7) 0.6 0.8 333.3 251.8 (133.0) Current income tax (6.8) 41.2 (148.8) Deferred income tax 340.1 210.6 15.8 (1) Amount referring to the non-recognition of deferred tax on tax loss and negative basis in the amount of R$2,104.8. (2) R$ 268.7 related to the write-off of deferred income tax and social contribution due to the merge of SHB. The taxable income, current and deferred income tax from foreign subsidiaries is set forth below: 12.31.18 12.31.17 12.31.16 Taxable income from foreign subsidiaries, before taxes 1,066.1 (446.7) (950.3) Current income tax credit from foreign subsidiaries (6.7) (42.5) (53.1) Deferred income tax from foreign subsidiaries (247.9) (37.5) 259.9 The Company determined that the earnings recorded by the holdings of its wholly-owned subsidiaries located abroad will not be redistributed. Such resources will be used for investments in the subsidiaries, and thus no deferred income tax was recognized. The total of undistributed earnings corresponds to R$3,401.4 as of December 31, 2018 (R$3,182.4 as of December 31, 2017). Brazilian income taxes are subject to review for a five-year period, during which the tax authorities might audit and assess the Company for additional taxes and penalties. Subsidiaries located abroad are taxed in their respective jurisdictions, according to local regulations.

14. JUDICIAL DEPOSITS

14. JUDICIAL DEPOSITS	12 Months Ended
	Dec. 31, 2018
Judicial Deposits
JUDICIAL DEPOSITS	The rollforward of the judicial deposits is set forth below: Tax Labor Civil, commercial and other Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 292.5 312.5 360.0 377.4 36.4 42.7 688.9 732.6 Additions 19.1 23.4 181.7 188.3 2.9 7.8 203.7 219.5 Transfer - held for sale (1) (0.1) - (6.8) - - - (6.9) - Reversals (5.3) (52.5) (47.2) (78.7) (3.0) (4.4) (55.5) (135.6) Write-offs (31.9) (9.0) (146.2) (136.5) (8.6) (10.5) (186.7) (156.0) Price index update 14.1 18.2 14.6 11.2 1.4 0.8 30.1 30.2 Exchange rate variation (0.1) (0.1) (4.4) (1.7) - - (4.5) (1.8) Ending balance 288.3 292.5 351.7 360.0 29.1 36.4 669.1 688.9 (1) Amount transferred to discontinued operations (note 12).

15. RESTRICTED CASH

15. RESTRICTED CASH	12 Months Ended
	Dec. 31, 2018
Restricted Cash
RESTRICTED CASH	Maturity (1) Currency Average interest rate (p.a.) 12.31.18 12.31.17 Bank deposit certificates (2) 1.81 R$ 6.70% 504.5 326.4 National treasury certificates (3) 1.25 R$ 19.55% 233.7 190.2 Bank deposit (4) - US$ - 21.0 19.0 Time Deposit (5) 1.47 US$ 3.89% 102.4 - 861.6 535.6 Current 277.3 127.8 Non-current 584.3 407.8 (1) Weighted average maturity in years. (2) The deposit was pledged as collateral in the disposal of the dairy segment to Groupe Lactalis (“Parmalat”) with maturity in 2021 and by the transaction of total return swap, with maturity in 2019 (note 4.4.ii.d) and the sale of company Gale. (3) The national treasury certificates, which mature in 2020, are pledged as collateral for the loan obtained through the Special Program Asset Restructuring (“PESA”) (note 18). (4) Deposit linked to operations in the international market. (5) Time Deposit linked to operations of Credit Export Notes (NCE).

16. INVESTMENTS

16. INVESTMENTS	12 Months Ended
	Dec. 31, 2018
Investments In Associates And Joint Ventures Abstract
INVESTMENTS	16.1. Investments breakdown 12.31.18 12.31.17 Investment in associates and affiliates 70.5 54.1 Goodwill SATS BRF 7.1 6.1 77.6 60.2 Other investments 8.4 8.0 86.0 68.2 On December 31, 2018, these associates, affiliates and joint ventures do not have any restriction to repay their loans or advances to the Com

17. PROPERTY, PLANT AND EQUIPME

17. PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2018
Property Plant And Equipment Net
PROPERTY, PLANT AND EQUIPMENT, NET	Property, plant and equipment roll-forward is set forth below: Weighted average depreciation rate (p.a.) 12.31.17 Additions Disposals Restatement by Hyperinflation (1) Exchange rate variation Transfers (2) 12.31.18 Cost Land - 706.2 0.1 (25.7) 32.7 (17.2) (159.3) 536.9 Buildings and improvements - 6,102.8 4.8 (113.4) 205.3 (4.3) 1,251.1 7,446.3 Machinery and equipment - 8,881.2 64.3 (234.5) 346.4 (77.8) (707.2) 8,272.5 Facilities - 2,175.0 0.7 (21.1) 0.3 8.9 (2,019.5) 144.3 Furniture and fixtures - 171.5 25.3 (5.6) 9.5 1.6 (42.3) 160.0 Vehicles - 28.6 3.1 (0.7) 2.8 0.2 (16.5) 17.5 Construction in progress - 453.9 585.4 - 15.5 (25.2) (619.9) 409.7 Advances to suppliers - 13.7 0.4 - - 1.2 (1.9) 13.5 18,532.9 684.1 (401.0) 612.5 (112.6) (2,315.5) 17,000.7 Depreciation Buildings and improvements 3.00% (1,872.4) (188.1) 28.9 (63.5) (12.5) (471.3) (2,578.8) Machinery and equipment 5.95% (3,656.5) (562.7) 136.1 (192.7) (0.2) 655.6 (3,620.4) Facilities 4.49% (724.5) (93.8) 13.0 (0.2) 3.5 778.7 (23.3) Furniture 8.09% (77.7) (17.0) 3.2 (7.0) (0.7) 28.3 (71.0) Vehicles 19.91% (11.2) (2.1) 0.5 (2.6) 0.9 4.3 (10.2) (6,342.3) (863.7) 181.7 (266.0) (9.0) 995.6 (6,303.7) 12,190.6 (179.6) (219.3) 346.5 (121.6) (1,319.9) 10,697.0 (1) Refers to the price index update as disclosed in note 3.28. (2) Refers to the transfer of R$122.1 to intangible assets, R$31.9 to biological assets and R$1,165.8 to assets held for sale. Weighted average depreciation rate (p.a.) 12.31.16 Additions Business combinations Disposals Transfers Exchange rate variation 12.31.17 Cost Land - 575.9 6.2 123.5 (2.0) 6.1 (3.5) 706.2 Buildings and improvements - 5,648.6 60.2 258.8 (36.7) 183.6 (11.8) 6,102.8 Machinery and equipment - 7,994.1 57.9 389.1 (175.4) 569.8 45.7 8,881.2 Facilities - 2,047.9 14.8 - (25.8) 137.3 0.8 2,175.0 Furniture - 163.5 2.1 16.1 (4.2) 5.8 (11.8) 171.5 Vehicles - 27.3 0.3 4.8 (8.9) 4.8 0.3 28.6 Construction in progress - 886.0 693.6 13.6 (5.6) (1,091.0) (42.7) 453.9 Advances to suppliers - 16.1 15.8 - - (17.6) (0.6) 13.7 17,359.4 850.9 805.9 (258.6) (201.2) (23.6) 18,532.9 Depreciation Buildings and improvements 3.02% (1,694.4) (184.0) (11.4) 17.0 3.7 (3.4) (1,872.4) Machinery and equipment 5.93% (3,193.9) (567.2) (21.0) 107.4 3.5 14.7 (3,656.5) Facilities 3.78% (646.3) (91.3) - 10.8 0.5 1.8 (724.5) Furniture 8.05% (66.5) (13.4) - 3.1 (0.9) - (77.7) Vehicles 19.99% (12.1) (3.2) (2.8) 7.2 (1.3) 1.0 (11.2) (5,613.2) (859.1) (35.2) 145.5 5.5 14.1 (6,342.3) 11,746.2 (8.2) 770.7 (113.1) (195.7) (9.5) 12,190.6 The Company has fully depreciated items that are still operating, which are set forth below: 12.31.18 12.31.17 Cost Buildings and improvements 151.8 138.2 Machinery and equipment 692.1 700.0 Facilities 85.6 74.0 Furniture and fixtures 27.3 22.7 Vehicles 5.3 5.3 962.1 940.2 During the year ended December 31, 2018, the Company capitalized interest in the amount of R$19.6 (R$33.6 as of December 31, 2017). The weighted average interest rate utilized to determine the capitalized amount was 3.27% p.a. (7.41% p.a. as of December 31, 2017). The amount related to discontinued operations is R$12.4 on December 31, 2018 (R$1.8 as of December 31, 2017). On December 31, 2018, except for the built to suit agreement mentioned in note 23.2, the Company had no commitments related to acquisition or construction of property, plant and equipment items. The property, plant and equipment items that are pledged as collateral for transactions of different natures are set forth below: 12.31.18 12.31.17 Type of collateral Book value of the collateral Book value of the collateral Land Financial/Tax 239.0 330.0 Buildings and improvements Financial/Tax 1,220.7 1,290.4 Machinery and equipment Financial/Labor/Tax/Civil 1,877.4 2,318.7 Facilities Financial/Tax 579.4 540.9 Furniture and fixtures Financial/Tax 18.6 21.9 Vehicles Financial/Tax 0.6 1.5 Other Financial/Tax - 0.4 3,935.7 4,503.8

18. INTANGIBLE ASSETS

18. INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2018
Intangible Assets
INTANGIBLE ASSETS	The intangible assets roll-forward is set forth below: Weighted average amortization rate (p.a.) 12.31.17 Additions Disposals Transfers Restatement by Hyperinflation (1) Exchange rate variation Transfer - held for sale (2) 12.31.18 Cost Non-compete agreement - 62.0 33.7 - - 9.1 (0.1) (14.7) 90.0 Goodwill - 4,192.2 - - - 324.0 116.8 (1,937.9) 2,695.1 AKF - 131.5 - - - - 22.5 - 154.0 Alimentos Calchaquí - 157.9 - - - 0.8 (65.3) (93.4) - Ava - 49.4 - - - - - - 49.4 Avex - 16.1 - - - 20.7 (6.6) (30.0) 0.2 Banvit Bandirma Vitaminli - 193.8 - - - - (31.5) - 162.3 BRF AFC - 131.9 - - - - 21.6 - 153.5 BRF Holland B.V. - 26.0 - - - - 3.1 (29.1) - BRF Invicta - 131.9 - - - - 14.5 (146.4) - Dánica - 4.1 - - - 5.7 (1.7) (8.1) - Eclipse Holding Cooperatief - 1.4 - - - 94.2 (0.5) (94.9) 0.2 Eleva Alimentos - 808.1 - - - - - (111.5) 696.6 Federal Foods LLC - 63.9 - - - - 10.9 - 74.8 Federal Foods Qatar L.L.C - 313.2 - - - - 53.6 - 366.8 GFS Group - 771.6 - - - - 130.3 (902.0) (0.1) GQFE - Golden Quality Foods Europe - 2.8 - - - - 0.3 (3.1) - Incubatório Paraíso - 0.7 - - - - - - 0.7 Invicta Food Group - 0.7 - - - - 0.1 (0.8) - Paraíso Agroindustrial - 16.8 - - - - - - 16.8 Perdigão Mato Grosso - 7.6 - - - - - - 7.6 Quickfood - 97.1 - - - 202.6 (40.2) (259.5) - Sadia - 1,214.0 - - - - - (201.4) 1,012.6 Universal Meats Ltd. - 52.0 - - - - 5.7 (57.7) - Import quotas - 111.8 - - - - 12.3 (124.0) 0.1 Outgrowers relationship - 15.0 - - - - - - 15.0 Trademarks - 1,649.9 - - - 250.7 (140.2) (424.3) 1,336.1 Patents - 6.8 - - (0.1) - (0.2) (0.6) 5.9 Customer relationship - 1,220.8 - - - 149.1 19.3 (493.1) 896.1 Supplier relationship - 2.1 - - - - 0.4 (2.4) 0.1 Software - 516.3 2.0 (121.9) 121.8 30.5 (2.4) (54.5) 491.8 7,776.9 35.7 (121.9) 121.7 763.4 5.9 (3,051.5) 5,530.2 Amortization Non-compete agreement 32.70% (23.4) (26.8) - - (5.8) 0.9 9.4 (45.7) Import quotas 89.94% (93.1) (14.4) - - - (11.3) 118.8 - Outgrowers relationship 13.24% (9.6) (2.0) - - - - - (11.6) Patents 19.98% (4.9) (0.8) - - (0.9) 0.2 1.3 (5.1) Customer relationship 9.50% (154.5) (99.7) - - (55.6) (11.8) 149.1 (172.5) Supplier relationship 5.00% (0.1) (0.1) - - - - 0.2 - Software 19.68% (293.7) (127.4) 121.9 0.3 (27.0) 3.6 46.4 (275.9) (579.3) (271.2) 121.9 0.3 (89.3) (18.4) 325.2 (510.8) 7,197.6 (235.5) - 122.0 674.1 (12.5) (2,726.3) 5,019.4 (1) Refers to the price index update as disclosed in note 3.28. (2) Amounts transferred to assets held for sale (note 12). Weighted average amortization rate (p.a.) 12.31.16 Additions Disposals Business combination Transfers Exchange rate variation 12.31.17 Cost Non-compete agreement - 51.0 11.5 - 0.5 - (1.0) 62.0 Goodwill - 4,343.5 - - (203.6) - 52.4 4,192.3 AKF - 129.5 - - (2.1) - 4.1 131.5 Alimentos Calchaquí - 342.0 - - (152.3) - (31.8) 157.9 Ava - 49.4 - - - - - 49.4 Avex - 18.8 - - - - (2.7) 16.1 Banvit Bandirma Vitaminli - - - - 203.8 - (10.0) 193.8 BRF AFC - 162.7 - - (33.4) - 2.6 131.9 BRF Holland B.V. - 22.5 - - - - 3.5 26.0 BRF Invicta - 119.0 - - - - 12.9 131.9 Dánica - 4.8 - - - - (0.7) 4.1 Eclipse Holding Cooperatief - 209.9 - - (202.1) - (6.4) 1.4 Eleva Alimentos - 808.1 - - - - - 808.1 Federal Foods LLC - 70.5 - - (7.3) - 0.7 63.9 Federal Foods Qatar L.L.C - 308.4 - - - - 4.8 313.2 GFS Group - 684.5 - - - - 87.1 771.6 GQFE - Golden Quality Foods Europe - 2.4 - - - - 0.4 2.8 Incubatório Paraíso - 0.7 - - - - - 0.7 Invicta Food Group - 0.6 - - - - 0.1 0.7 Paraíso Agroindustrial - 16.8 - - - - - 16.8 Perdigão Mato Grosso - 7.6 - - - - - 7.6 Quickfood - 113.8 - - - - (16.7) 97.1 Sadia - 1,214.0 - - - - - 1,214.0 Universal Meats Ltd. - 57.6 - - (10.2) - 4.6 52.0 Import quotas - 58.2 - - 42.2 - 11.4 111.8 Outgrowers relationship - 14.7 0.3 - - - - 15.0 Trademarks - 1,313.2 - - 386.9 - (50.2) 1,649.9 Patents - 6.9 - - - - (0.1) 6.8 Customer relationship - 815.2 - - 403.5 10.6 (8.5) 1,220.8 Supplier relationship - 14.6 - (2.0) - (10.6) 0.1 2.1 Software - 504.3 40.3 (176.9) 2.7 146.3 (0.4) 516.3 7,121.6 52.1 (178.9) 632.2 146.3 3.7 7,777.0 Amortization Non-compete agreement 27.59% (7.6) (16.1) - - - 0.3 (23.4) Import quotas 73.63% (21.7) (63.5) - - - (7.9) (93.1) Outgrowers relationship 13.15% (7.7) (1.9) - - - - (9.6) Patents 27.42% (3.9) (1.1) - - - 0.1 (4.9) Customer relationship 7.59% (81.3) (72.2) - 0.2 - (1.2) (154.5) Supplier relationship 5.00% (2.0) (0.1) 2.0 - - - (0.1) Software 19.93% (324.8) (145.0) 175.5 - - 0.6 (293.7) (449.0) (299.9) 177.5 0.2 - (8.1) (579.3) 6,672.6 (247.8) (1.4) 632.4 146.3 (4.4) 7,197.7 Amortization of outgrowers relationship is recognized as a cost of sales in the statement of income (loss), the amortization of customer relationship is recognized in selling expenses, while non-compete agreement, patents and software amortization is recorded according to its use as cost of sales, administrative or sales expenses. Trademarks recorded in intangible assets come mainly from the business combination with Sadia and Banvit and are considered assets with indefinite useful life. The goodwill is based on expected future profitability supported by valuation reports, after purchase price allocation. Goodwill and intangible assets with indefinite useful life (trademarks) are allocated to cash-generating units as presented in note 5. The impairment test of the cash generating units is performed annually based on the value in use through the discounted cash flow method. In 2018, the Company used the strategic plan and annual budget projected until 2023 and the average perpetuity of the cash generating units of 3.06% from this date, which was based on historical information, economic and financial projections from each specific market that the Company has operations and information disclosed by independent institutions and government agencies, such as banks, economic advisories, the International Monetary Fund (IMF), Brazilian Central Bank (BACEN), among others. The discount rate adopted by the Management varied from 9.33% to 10.22%, depending on the operating segment. The assumptions in the table below were also adopted: 2019 2020 2021 2022 2023 GDP Brazil 2.57% 3.05% 3.07% 2.67% 2.63% GDP Halal 3.30% 3.20% 3.20% 3.20% 3.20% Inflation Brazil 4.09% 4.23% 4.00% 4.00% 4.00% Exchange rate - BRL / USD 3.68 3.71 3.75 3.80 3.84 Exchange rate - EUR / USD 0.85 0.84 0.82 0.81 0.80 The rates above do not consider any tax effect. Based on management analyses performed during 2018, no impairment loss was identified. In addition to the above-mentioned recovery analysis, management prepared a deterministic sensitivity analysis considering the variations in the EBIT margin and in the discount rate as presented below: Variations Apreciation (devaluation) 1.0% 0.0% -1.0% BRAZIL Discount rate 11.22% 10.22% 9.22% Ebit Margin 10.32% 9.32% 8.32% INTERNATIONAL Discount rate 10.33% 9.33% 8.33% Ebit Margin 11.05% 10.05% 9.05% HALAL Discount rate 11.17% 10.17% 9.17% Ebit Margin 11.42% 10.42% 9.42% The Company in its sensitivity analysis has not identified possible and reasonable scenarios in which identified the need for impairment in the intangible assets with indefinite useful life.

19. LOANS AND FINANCING

19. LOANS AND FINANCING	12 Months Ended
	Dec. 31, 2018
Loans And Financing
LOANS AND FINANCING	Charges (p.a.) Weighted average WAMT (1) Current Non-current 12.31.18 Captured Transfer - held for sale (2) Amortization Interest paid Interest accrued Exchange rate variation Current Non-current 12.31.17 Local currency Working capital 'Fixed rate / 118% of CDI 7.78% 1.7 1,695.4 4,167.6 5,863.0 4,431.1 - (1,235.9) (149.7) 262.1 - 1,631.5 923.9 2,555.4 Certificate of agribusiness receivables 96.40% of CDI / IPCA + 5,90% 6.08% 1.6 1,114.9 1,482.6 2,597.5 - - (997.0) (223.1) 246.0 - 1,097.9 2,473.8 3,571.7 Development bank credit lines Fixed rate / Selic / TJLP + 1.25% 6.16% 1.1 220.4 44.1 264.5 - - (315.1) (20.3) 29.9 - 313.3 256.8 570.1 Bonds (7.75% on 12.31.17) (7.75% on 12.31.17) - - - - - - (500.0) (19.4) 15.6 - 503.8 - 503.8 Export credit facility 109.45% of CDI 9.02% 3.2 39.3 1,586.0 1,625.3 1,621.1 - (1,850.0) (188.7) 153.7 - 39.2 1,850.0 1,889.2 Special program asset restructuring Fixed rate / IGPM + 4.90% 12.45% 1.4 3.8 269.7 273.5 - - - (8.1) 32.2 - 3.5 245.8 249.3 Fiscal incentives 2.40% 2.40% 0.5 3.3 - 3.3 57.2 - (57.5) (0.4) 0.5 - 3.6 - 3.6 3,077.1 7,550.0 10,627.1 6,109.4 - (4,955.5) (609.7) 740.0 - 3,592.8 5,750.3 9,343.1 Foreign currency Bonds 4.07% 4.07% 4.8 99.5 9,646.9 9,746.4 - (87.1) (14.8) (466.6) 506.5 1,278.5 105.1 8,424.8 8,529.9 Export credit facility LIBOR + 0.25% 2.47% 0.8 998.7 384.5 1,383.2 8.4 - (1,067.4) (75.9) 67.6 299.7 953.5 1,197.2 2,150.7 Advances for foreign exchange rate contracts 4.67% + e.r. US$ 4.67% + e.r. US$ 0.8 214.2 - 214.2 208.5 - - - 1.1 4.6 - - - Development bank credit lines (UMBNDES + 1.73% on 12.31.17) (6.22% on 12.31.17) - - - - - - (3.9) (0.2) 0.5 - 2.6 1.0 3.6 Working capital 46.84% 46.84% - - - - 813.3 (68.7) (898.3) (3.6) 46.0 (56.6) 128.2 39.7 167.9 Working capital 21.91% (15.95% on 12.31.17) + e.r TRY 21.91% (15.95% on 12.31.17) + e.r TRY 0.7 157.9 36.7 194.6 193.1 - (216.6) (21.1) 35.9 (46.1) 249.2 - 249.2 1,470.3 10,068.1 11,538.4 1,223.3 (155.8) (2,201.0) (567.4) 657.6 1,480.1 1,438.6 9,662.7 11,101.3 4,547.4 17,618.1 22,165.5 7,332.7 (155.8) (7,156.5) (1,177.1) 1,397.6 1,480.1 5,031.4 15,413.0 20,444.4 (1) Weighted average maturity in years. (2) Amounts transferred to discontinued operations (note 12). Encargos (a.a.) Taxa média ponderada de juros (a.a.) PMPV Circulante Não Circulante Saldo 31.12.17 Tomado Combinação de negócios Amortização Juros Juros apropriados Variação cambial Atualização Monetária Circulante Não Circulante Saldo 31.12.16 Moeda nacional Capital de giro 7,79% 7,79% 0.8 1,631.5 923.9 2,555.4 3,579.4 - (2,401.0) (162.2) 213.0 - - 1,326.1 - 1,326.1 Certificado de recebíveis do agronegócio 96,51% do CDI / IPCA + 5,90% 7,41% 2.4 1,097.9 2,473.8 3,571.7 780.0 - (779.2) (393.8) 334.6 - - 168.1 3,462.0 3,630.1 Linhas de crédito de bancos de desenvolvimento Taxa fixa/Selic/ TJLP + 1,48% 6,78% 1.7 313.3 256.8 570.1 62.4 - (403.8) (37.3) 47.4 0.2 20.1 381.3 499.7 881.0 Bonds 7,75% (7,75% em 31.12.16) 7,75% (7,75% em 31.12.16) 0.4 503.8 - 503.8 - - - (38.8) 46.4 - (6.8) 4.1 498.8 502.9 Linhas de crédito de exportação 100,35% do CDI 6,91% 1.2 39.2 1,850.0 1,889.2 - - - (214.3) 181.2 - - 72.3 1,850.0 1,922.3 Programa especial de saneamento de ativos Taxa fixa / IGPM + 4,90% 4,36% 2.2 3.5 245.8 249.3 - - - (8.1) 9.7 (1.7) (2.2) 3.5 248.0 251.5 Outras dívidas garantidas (8,50% em 31.12.16) (8,50% em 31.12.16) - - - - - - (129.9) (8.9) 9.2 - - 32.3 97.3 129.6 Incentivos fiscais 2,40% 2,40% 0.5 3.6 - 3.6 34.4 - (30.9) (0.2) 0.2 - - 0.1 - 0.1 3,592.8 5,750.3 9,343.1 4,456.2 - (3,744.8) (863.6) 841.7 (1.5) 11.1 1,987.8 6,655.8 8,643.6 Moeda estrangeira Bonds 4,08% 4,08% 6.0 105.1 8,424.8 8,529.9 77.1 - (396.0) (382.0) 410.4 326.7 - 489.2 8,004.4 8,493.6 Linhas de crédito de exportação LIBOR + 1,85% 3,35% 2.2 953.5 1,197.2 2,150.7 3,576.0 - (2,981.2) (98.5) 105.5 238.3 - 312.2 998.4 1,310.6 Adiantamentos de contratos de câmbio (2,39% em 31.12.16) + v.c. US$ (2,39% em 31.12.16) + v.c. US$ - - - - 4.1 - (203.4) (4.7) 0.3 (9.1) - 212.8 - 212.8 Linhas de crédito de bancos de desenvolvimento UMBNDES + 1,73% 6,22% 1.0 2.6 1.0 3.6 - - (5.9) (0.4) 1.2 (0.3) - 5.9 3.0 8.9 Capital de giro 23,10% 23,10% 1.5 128.2 39.7 167.9 1,584.8 - (1,629.4) (19.8) 59.2 (119.7) - 236.9 55.8 292.7 Capital de giro 15,95% + v.c TRY 15,95% + v.c TRY 0.1 249.2 - 249.2 - 389.2 (40.6) - 5.1 (104.3) - - - - 1,438.6 9,662.7 11,101.3 5,242.0 389.2 (5,256.5) (505.4) 581.7 331.6 - 1,257.0 9,061.6 10,318.6 5,031.4 15,413.0 20,444.4 9,698.2 389.2 (9,001.3) (1,369.0) 1,423.4 330.1 11.1 3,244.8 15,717.4 18,962.2 19.1. Working capital Rural credit Working capital in foreign currency 19.2. Agribusiness receivables certificates (“CRA”) On April 19, 2016, the Company completed the CRA issuance related to the public distribution offering of the 1 st th On December 16, 2016, the Company completed the CRA issuance related to the public distribution offering of the 1 st nd st st nd 19.3. Development bank credit lines The Company and its subsidiaries have several outstanding obligations with National Bank for Economic and Social Development (“BNDES”). The loans were obtained for the acquisition of equipment and expansion of productive facilities. FINEM FINEP 19.4. Bonds BFF Notes 2020 : Senior Notes BRF2022 Senior Notes BRF 2022 (“Green Bonds”) Senior Notes BRF 2023 Senior Notes BRF 2024 Senior Notes BRF 2026 yield to maturity 19.5. Export credit facilities Export prepayments Commercial credit lines 19.6. Special Program Asset Recovery (“PESA”) The Company has a loan facility obtained through the Special Program for Asset Recovery (“Programa Especial de Saneamento de Ativos”) promoted by the federal government and securitized by commercial financial institutions. Such loan facility is subject to the variations of the General Market Price Index (“IGPM”) plus interest of 4.90% p.a. The principal is payable in a single installment with maturity date in 2020, being secured by endorsements and pledges of public debt securities (note 15). 19.7. Rotative credit line (“Revolver Credit Facility”) With the purpose of improving its financial liquidity, the Company and its wholly-owned subsidiary BRF Global GmbH obtained a credit line Revolving Credit Facility ("Revolver Credit Facility") in the amount of US$1,000.0, with a maturity date in May 2019, from a syndicate comprised of 28 banks. The transaction was structured to allow the Company to utilize the credit line at any time, during the contracted period. On December 31, 2018 the line was available but not used and it was terminated on February 22, 2019. 19.8. Loans and financing maturity schedule The maturity schedule of the loans and financing balances is as follows: 12.31.18 2019 4,555.9 2020 3,395.4 2021 2,936.0 2022 3,072.7 2023 3,399.9 2024 onwards 4,805.6 22,165.5 19.9. Guarantees 12.31.18 12.31.17 Total of loans and financing 22,165.5 20,444.4 Mortgage guarantees 267.8 577.2 Related to FINEM-BNDES 217.6 462.8 Related to tax incentives and other 50.2 114.4 The Company is the guarantor of a loan obtained by Instituto Sadia de Sustentabilidade from the BNDES. The loan was obtained with the purpose of allowing the implementation of biodigesters in the farms of the outgrowers which take part in the Company´s integration system, targeting the reduction of the emission of Greenhouse Gases. The value of these guarantees on December 31, 2018 totaled R$6.0 (R$17.3 as of December 31, 2017). The Company is the guarantor of loans related to a special program, which aimed the local development of outgrowers in the central region of Brazil. The proceeds of such loans are utilized by the outgrowers to improve farm conditions and will be paid by them in 10 years, taking as collateral the land and equipment acquired by the outgrowers through this program. The value of these guarantees on December 31, 2018 totaled R$29.8 (R$87.1 as of December 31, 2017). On December 31, 2018, the Company contracted bank guarantees in the amount of R$784.0 (R$1,477.8 as of December 31, 2017) offered mainly in litigations involving the Company´s use of tax credits. These guarantees have an average cost of 1.57% p.a. (1.09% p.a. as of December 31, 2017). 19.10. Commitments In the normal course of the business, the Company enters into agreements with third parties for the purchase of raw materials with future delivery, mainly of corn and soymeal. The agreed prices in these agreements can be fixed or to be fixed. The Company enters into other agreements, such as electricity, packaging supplies and manufacturing activities. The amount of the agreements at the date of these financial statements are set forth below: 12.31.18 2019 4,338.1 2020 527.8 2021 257.5 2022 158.9 2023 111.6 2024 onwards 315.0 5,708.9

20. TRADE ACCOUNTS PAYABLE

20. TRADE ACCOUNTS PAYABLE	12 Months Ended
	Dec. 31, 2018
Trade Accounts Payable
TRADE ACCOUNTS PAYABLE	12.31.18 12.31.17 Domestic suppliers Third parties 4,700.8 4,647.7 Related parties - 16.6 4,700.8 4,664.3 Foreign suppliers Third parties 1,079.4 2,030.7 Related parties - - 1,079.4 2,030.7 (-) Adjustment to present value (48.0) (52.8) 5,732.2 6,642.2 Current 5,552.4 6,445.5 Non-current 179.8 196.8 For the year ended December 31, 2018, the days payable outstanding is 94 days (97 days on December 31, 2017). On the suppliers’ balance as of December 31, 2018, R$1,301.3 (R$1,787.7 as of December 31, 2017) corresponds to the supply chain finance transactions on which there were no changes in the payment terms and prices negotiated with the suppliers. The information on accounts payable involving related parties is set forth in note 30. The trade accounts payable to related parties refer to transactions with UP! in domestic market.

21. SUPPLY CHAIN FINANCE

21. SUPPLY CHAIN FINANCE	12 Months Ended
	Dec. 31, 2018
Supply Chain Finance
SUPPLY CHAIN FINANCE	12.31.18 12.31.17 Supply chain finance - Domestic suppliers 715.3 518.4 Supply chain finance - Foreign suppliers 170.5 196.8 885.8 715.2 The Company has partnerships with several financial institutions that allow the suppliers to borrow against their future receivables. The suppliers have the freedom to choose whether to participate and if so, with which institution. The anticipation allows the suppliers to better manage their cash flow needs. This flexibility allows the Company to intensify its commercial relations with the network of suppliers by potentially leveraging benefits such as preference for supply in case of restricted supply, better price conditions and / or more flexible payment terms, among others. The Company has not identified a material change in the existing commercial conditions with its suppliers. On December 31, 2018, the discount rates applied to the supply chain finance transactions agreed between our suppliers and the financial institutions in the internal market were set between 0.52% to 0.75% p.m. (0.57% to 0.84% p.m. on December 31, 2017). On December 31, 2018, the discount rates applied to the supply chain finance transactions agreed between our suppliers and the financial institutions in the external market were set between 0.31% to 0.50% p.a. (0.19% to 0.29% p.m. on December 31, 2017).

22. DERIVATIVE FINANCIAL INSTRU

22. DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2018
Derivative Financial Instruments
DERIVATIVE FINANCIAL INSTRUMENTS	12.31.18 12.31.17 Derivatives designated as hedge accounting Assets Non-deliverable forward (NDF) 16.8 1.1 Currency option contracts 101.4 23.5 Commodities (corn) non-deliverable forward (NDF) 22.1 0.8 Corn option contracts - B3 - 0.8 Commodities (soybean) non-deliverable forward (NDF) 0.6 1.1 Commodities (soybean oil) non-deliverable forward (NDF) - 0.1 140.9 27.4 Liabilities Non-deliverable forward of currency (NDF) (21.0) (6.8) Currency option contracts (75.8) (25.9) Commodities (corn) non-deliverable forward (NDF) (3.5) (4.6) Corn future contracts - B3 (0.1) - Corn option contracts - B3 - (0.6) Commodities (soybean) non-deliverable forward (NDF) (3.3) - Commodities (soybean meal) non-deliverable forward (NDF) (2.7) (3.0) Soybean meal option contracts - (1.5) Commodities (soybean oil) non-deliverable forward (NDF) (4.3) (0.1) Exchange rate contracts currency (Swap) - (166.3) (110.7) (208.8) Derivatives not designated as hedge accounting Assets Non-deliverable forward of currency (NDF) 2.4 36.4 Currency option contracts 2.6 1.5 Exchange rate contracts currency (Swap) 36.4 25.2 41.4 63.1 Liabilities Non-deliverable forward of currency (NDF) (12.3) (2.0) Currency future contracts - B3 (9.4) (0.2) Swap (index / currency / stocks) (3.4) (2.0) Deliverable forwards contracts (99.2) (86.5) (124.3) (90.7) Current assets 182.3 90.5 Current liabilities (235.0) (299.5) The collateral given in the transactions set forth above are disclosed in note 7.

23. LEASES

23. LEASES	12 Months Ended
	Dec. 31, 2018
Leases
LEASES	The Company is lessee in several contracts, which for the year ended in December 31, 2018 were classified as operating or finance lease. From January 01, 2019 onwards, the accounting policy changed according to the details provided in Note 37. 23.1. Operating lease The minimum future payments of non-cancellable operating lease are set forth below: 12.31.18 2019 421.7 2020 103.7 2021 108.4 2022 49.4 2023 157.3 2024 onwards 1,285.8 2,126.4 The payments of operating lease agreements recognized in the statement of income in the year ended December 31, 2018 amounted to R$480.2 (R$289.7 in the same period of the previous year). The amount related to discontinued operations is R$13.7 in the year ended December 31, 2018 (R$17.0 at December 31, 2007). In 2018, Sale-leaseback transaction in the amount of R$175.0, of which R$140.0 refers to the Distribution Center of Vitória de Santo Antão (PE) and R$35.0 related to the Property in Duque de Caxias (RJ). Sales with subsequent rental of the same property, guaranteeing the Purchasers the receipt of the rents for the determined term of 20 years and 10 years respectively, both were classified as operating leases with immediate gain for the Company of R$62.0, recorded in other operating results. 23.2. Finance lease The Company enters into finance leases mainly for the acquisitions of machinery, equipment, vehicles, software and buildings, set forth below: Weighted average depreciation rate 12.31.18 Restated Cost Machinery and equipment 129.6 97.6 Software 68.4 97.1 Buildings 214.2 216.6 Facilities 14.5 14.7 426.7 426.0 Accumulated depreciation Machinery and equipment 35.15% (75.4) (45.1) Software 39.85% (57.5) (84.6) Buildings 6.75% (74.5) (58.8) Facilities 6.67% (1.7) (0.7) (209.1) (189.2) 217.6 236.8 (1) The period of depreciation of leased assets corresponds to the lowest of term of the contract and the useful life of the asset. The minimum future payments required for these finance leases are segregated as follows, and were recorded in current and non-current liabilities: 12.31.18 Present value of minimum payments Interest Minimum future payments 2019 64.8 17.7 82.5 2020 42.1 14.0 56.1 2021 21.0 8.6 29.6 2022 16.4 7.3 23.7 2023 12.8 6.8 19.6 2024 onwards 58.3 35.8 94.1 215.4 90.2 305.6 The contract terms for both modalities, with respect to renewal, adjustment and purchase option, are according to market practices. In addition, there are no clauses of contingent payments or restrictions on dividends distribution, payments of interest on shareholders’ equity or obtaining debt. In addition, the Company also has commitments regarding financial leases, related to a built to suit agreement for the construction of facilities which will be built by third parties. The agreements term will be 13 years from the signing date as well as the charge of rent expenses. If the Company defaults on its obligations, it will be subject to fines and/or acceleration of outstanding rent installments falling due, according to the terms of the contract. The contract was classified as a finance lease. The estimated schedule of future payments related to this agreement is set forth below: 12.31.18 2019 9.4 2020 9.4 2021 9.4 2022 9.4 2023 onwards 84.8 122.4

24. SHARE-BASED PAYMENT

24. SHARE-BASED PAYMENT	12 Months Ended
	Dec. 31, 2018
Share-based Payment
SHARE-BASED PAYMENT	24.1. Stock options plan The Company grants stock options to its employees eligible by the Board of Directors, which are determined in stock options plans that were approved by an Ordinary and a Special Meeting of Shareholders on March 31, 2010 (Plan I) and April 08, 2015 (Plan II). Plan I comprises two instruments: (i) annual stock option grant, and (ii) an additional stock option grant, which the employee might adhere using part of its profit sharing bonus. Plan II comprises only the annual grant. The vesting conditions are based on attainment of results and in the value of the Company businesses. The plans include shares issued by the Company up to the limit of 2% of the total stock, and its purpose is to: (i) attract, retain and motivate the beneficiaries, (ii) add value for shareholders, and (iii) encourage the view of entrepreneur of the business. The plans are managed by the Board of Directors, within the limits established by the general guidelines of the plan and applicable legislation. The quantity of granted options is determined by the Board of Directors, with an exercise price equivalent to the average amount of the closing price of the share at the last twenty trading sessions of the B3, prior to the grant date. The exercise price is updated monthly by the variation of the Amplified Consumer Price Index (“IPCA”) between the grant date and the month prior to the option exercise notice by the beneficiary. The vesting period during which the participant cannot exercise the purchase of the shares for Plan I is 1 to 3 years and for Plan II is 1 to 4 years, respecting the following deadlines from the grant date of the option. Plan I Plan II Quantity Deadline Quantity Deadline 1/3 1 year 1/4 1 year 2/3 2 years 2/4 2 years 3/3 3 years 3/4 3 years - - 4/4 4 years After the vesting period and within no more than five years for Plan I and six years for Plan II from the grant date, the beneficiary is no longer entitled to the right to the unexercised options. To satisfy the exercise of the options, the Company may issue new shares or use shares held in treasury. The breakdown of the outstanding granted options is presented as follows: Date Quantity Grant (1) Strike price (1) Grant date Beggining of exercise End of the exercise Options granted Outstanding options Fair value of the option Granting date Updated IPCA Plan I 04.04.14 04.03.15 04.03.19 1,552,564 407,556 12.56 44.48 58.11 05.02.14 05.01.15 05.01.19 1,610,450 314,113 14.11 47.98 62.27 12.18.14 12.17.15 12.17.19 5,702,714 1,540,640 14.58 63.49 80.27 8,865,728 2,262,309 Plan II 04.26.16 04.30.17 12.30.22 8,724,733 2,375,000 9.21 56.00 61.48 05.31.16 05.31.17 12.30.22 3,351,220 1,327,100 10.97 46.68 50.85 03.30.17 03.30.18 12.29.23 863,528 193,045 9.45 38.43 40.59 12,939,481 3,895,145 21,805,209 6,157,454 (1) Amounts expressed in Brazilian Reais. 24.2. Restricted shares plan In 2018, 2,857,394 restricted shares were granted in accordance with the plan that were approved by an Ordinary and a Special Meeting of Shareholders on April 26, 2018. The purpose of this plan is: (i) to stimulate the expansion, success and achievement of the Company's social objectives; (ii) to align the interests of the Company's shareholders with those of the eligible persons; and (iii) to enable the Company and the companies under its control to attract and retain the persons related to it. Under the terms of the plan, directors may be elected, statutory or not, and people occupying other positions of the Company or subsidiaries. The granting of rights to beneficiaries is conditional on: (i) continuity of the employment relationship with the Company for 3 years after the grant date; (ii) achievement of a minimum shareholder return defined by the Board of Directors in the granting agreements and determined at the end of the vesting period; or (iii) any other conditions determined by the Board of Directors in each grant made. Each year, or whenever deemed appropriate, the Board of Directors shall approve the grant of restricted shares, electing the beneficiaries in favor of which the Company will sell the restricted shares, establishing the terms, quantities and conditions of acquisition of rights related to restricted shares. The total number of restricted shares that may be granted under the plan shall not exceed 0.5% of the registered common, nominative, and uncertificated shares with no par value, representing the Company's total share capital. Date Quantity Grant (1) Grant Term of acquisition of the right Shares granted Outstanding shares Fair value of the shares Restricted shares plan 08.31.17 08.31.19 716,846 250,334 41.85 04.26.18 04.26.20 276,000 276,000 22.29 06.14.18 06.14.20 270,000 270,000 20.00 10.01.18 10.01.20 2,311,394 2,294,717 21.44 3,574,240 3,091,051 24.3. Roll-forward of the stock options and restricted shares plans The roll-forward of the outstanding granted options and shares for the year ended December 31, 2018 is presented as follows: Outstanding options/shares as of December 31, 2017 12,872,189 Issued - grant of 2018 June 2018 - (Restricted shares plan) 270,000 April 2018 - (Restricted shares plan) 276,000 May 2018 150,000 October 2018 2,311,394 Antecipated transfer Antecipated transfer on april 2018 (Restricted shares plan) (200,100) Exercised: Exercised on December of 2018 (Restricted shares plan) (214) Exercised on December of 2017 (Restricted shares plan) (76,163) Forfeiture: Grant of 2018 (150,000) Grant of 2017 (733,168) Grant of 2017 (Restricted shares) (396,786) Grant of 2016 (2,976,160) Grant of 2014 (1,917,974) Grant of 2014 (75,645) Grant of 2013 (304,968) Outstanding options/shares as of December 31, 2018 9,048,405 The weighted average exercise prices of the outstanding options conditioned to services is R$60.05 (sixty Brazilian Reais and five cents), and the weighted average of the remaining vesting period is 35 months. The Company records as capital reserve in shareholders’ equity the fair value of the options in the amount of R$262.3 (R$261.8 as of December 31, 2017). In the statement of income in the year ended December 31, 2018 the amount recognized as expense was R$0.5 (R$25.6 as of December 31, 2017). During the year ended on December 31, 2018, no executive exercised stock options. 24.4. Fair Value Measurement The weighted average fair value of options outstanding as of December 31, 2018 was R$10.11 (ten Brazilian Reais and eleven cents) (R$11.36 as of December 31, 2017). The fair value of the stock options was measured using the Black-Scholes pricing model, based on the following assumptions: 12.31.18 Plan I Plan II Expected maturity of the option: Exercise in the 1st year 3.0 years 3.5 years Exercise in the 2nd year 3.5 years 4.0 years Exercise in the 3rd year 4.0 years 4.5 years Exercise in the 4th year - 5.0 years Risk-free interest rate 5.86% 6.34% Volatility 25.38% 27.43% Expected dividends over shares 1.16% 2.43% Expected inflation rate 4.00% 3.89% 24.5. Expected period The expected period is that in which it is believed that the options will be exercised and was determined under the assumption that the beneficiaries will exercise their options at the limit of the exercise period. 24.6. Risk-free interest rate The Company uses as risk-free interest rate the National Treasury Bond (“NTN-B”) available on the date of calculation and with maturity equivalent to the terms of the option. 24.7. Volatility The estimated volatility took into account the weighting of the trading history of the Company’s shares. 24.8. Expected dividends The percentage of dividends used is based on the average payment of dividends per share in relation to the market value of the shares for the past four years. 24.9. Expected inflation rate The expected average inflation rate is based on estimated IPCA by Central Bank of Brazil, considering the remaining average terms of the option.

25. EMPLOYEES BENEFITS PLANS

25. EMPLOYEES BENEFITS PLANS	12 Months Ended
	Dec. 31, 2018
Employees Benefits Plans
EMPLOYEES BENEFITS PLANS	25.1. Pension plans The Company sponsors pension plans for its employees and executives as presented below: Plan Modality Adhesions Plan I Defined Benefit Closed Plan II Defined Benefit Closed Plan III Defined Contribution Open FAF Defined Benefit Closed These plans are managed by BRF Previdência a pension fund entity of non-economic nature and non-profit, through its Deliberative Board which is responsible for defining pension premises and policies, as well as establishing fundamentals guidelines and organization, operation and management rules. The Deliberative Board is composed of representatives from the sponsor and participants, the proportion of 2/3 and 1/3 respectively. a. Defined benefit plans Plan I and II are structured as defined benefit during the accumulation of mathematics provisions with option to change the account balance to be applicable in lifetime monthly income on the grant date benefit. The main actuarial risks are (i) survival time over the ones set out in the mortality tables and (ii) actual return on equity below the actual discount rate. The main purpose of Fundação Attílio Francisco Xavier Fontana (“FAF”) plan is to supplement the benefit paid by the Brazilian Social Security (“INSS – Instituto Nacional de Securidade Social”), calculated proportionally according to the length of service performed and in line with the type of retirement. The main actuarial risks are (i) survival time over the ones set out in the mortality tables, (ii) turnover lower than expected, (iii) salary growth higher than expected, (iv) actual return on assets below the actual discount rate, (v) amendment of the rules of social security and actual family composition of the retired employee or executive different from the established assumption. In plans I and II, the contributions performed by the participants are made by the sponsor in equal basic contributions. In the Plan FAF, the contribution is made through a percentage actuarially defined for the participant and the sponsor. The actuarial calculations of the plans managed by BRF Previdência are made by independent actuaries, on an annual basis, according to the rules in force. In case of a deficit result in plans, it must be supported by the sponsor, participants and beneficiaries, in the proportion of their contributions. The economic benefit presented as an asset, considers only the part of the surplus that is actually recoverable. The form of recovery of the surplus of the plans will be through reductions in future contributions. On December 31, 2018, the Deliberative Council and the competent regulatory body approved the incorporation of Plan I by Plan II, preserving the acquired rights of the assistants linked to the Plans and the accumulated right. The merger was motivated by the fact that the plans have identical structure, are closed for new accessions and considering that the sponsors belong to the same economic group. b. Defined contribution plan Plan III is a defined contribution plan, where contributions are known and the benefit amount depends directly on the contributions made by participants and sponsors, time of contribution and of the result obtained through investment of contributions. The contributions are made on a 1 to 1 basis (the contributions of the sponsor are equal to the basic contributions of the participants) and that may vary from 0.7% to 7.0% according to the salary range of the participant. The contributions made by the Company in the years ended December 31, 2018 and December 31, 2017 amounted R$18.7 and R$17.5 respectively. On December 31, 2018, the plan has 34,975 participants (33,551 participants as of December 31, 2017). If participants of the plans I, II and III end the employment relationship with the sponsor, the balance formed by the contributions of the sponsor not used for the payment of benefits, will form a fund of overage of contributions that may be used to compensate the future contributions of the sponsor. c. Rollforward of defined benefit plans The assets and actuarial liabilities are presented below: FAF Plan I and II 12.31.18 12.31.17 12.31.18 12.31.17 Composition of actuarial assets and liabilities Present value of actuarial liabilities 2,498.6 2,275.9 17.4 16.0 Fair value of assets (3,193.9) (3,077.4) (27.8) (26.7) (Surplus) Deficit (695.3) (801.5) (10.4) (10.7) Irrecoverable surplus - (asset ceiling) 695.4 801.5 8.5 8.5 Net actuarial (assets) liabilities 0.1 - (1.9) (2.2) Rollforward of irrecoverable surplus Beginning balance of irrecoverable surplus 801.5 838.3 8.5 8.1 Interest on irrecoverable surplus 78.1 93.9 0.8 0.9 Changes in irrecoverable surplus during the year (184.2) (130.7) (0.8) (0.5) Ending balance of irrecoverable surplus 695.4 801.5 8.5 8.5 Rollforward of present value of actuarial liabilities Beginning balance of the present value of liabilities 2,275.9 2,000.3 16.0 15.2 Interest on actuarial obligations 215.4 217.3 1.5 1.6 Current service cost 28.0 26.8 - - Benefit paid (129.1) (117.5) (1.3) (1.5) Actuarial losses - experience 36.0 (48.7) 0.8 (0.6) Actuarial losses - hypothesis 72.4 197.6 0.4 1.2 Ending balance of actuarial liabilities 2,498.6 2,275.8 17.4 15.9 Rollforward of fair value assets Beginning balance of the fair value of plan assets (3,077.4) (2,838.7) (26.7) (26.5) Interest income on assets plan (293.5) (311.2) (2.5) (2.9) Benefit paid 129.1 117.5 1.3 1.5 Return on assets higher (lower) than projection 47.9 (45.0) 0.1 1.2 Ending balance of fair value assets (3,193.9) (3,077.4) (27.8) (26.7) Rollforward of comprehensive income Beginning balance 26.8 23.3 (1.3) (2.1) Reversal to accumulated losses (26.8) (23.3) 1.3 2.1 Actuarial gains (losses) (108.4) (148.9) (1.2) (0.6) Return on assets higher (lower) than projection (47.9) 45.0 (0.1) (1.2) Changes on irrecoverable surplus 184.2 130.7 0.8 0.5 Ending balance of comprehensive income 27.9 26.8 (0.5) (1.3) Costs recognized in statement of income Current service costs (28.0) (26.8) - - Interest on actuarial obligations (215.4) (217.3) (1.5) (1.6) Projected return on assets 293.5 311.2 2.5 2.9 Interest on irrecoverable surplus (78.1) (93.9) (0.8) (0.9) Costs recognized in statement of income (28.0) (26.8) 0.2 0.4 Estimated costs for the next year Costs of defined benefit (28.2) (28.0) 0.2 0.2 Estimated costs for the next year (28.2) (28.0) 0.2 0.2 d. Actuarial assumptions and demographic data The main actuarial assumptions and demographic data used in the actuarial calculations are summarized below: FAF Plan I e II 12.31.18 12.31.17 12.31.18 12.31.17 Actuarial assumptions Economic hypothesis Discount rate 9.22% 9.74% 9.19% 9.72% Inflation rate 4.00% 4.25% 4.00% 4.25% Wage growth rate 4.68% 4.93% N/A N/A Demographic hypothesis Schedule of mortality AT-2000 AT-2000 AT-2000 AT-2000 Schedule of disabled mortality RRB-1983 RRB-1983 RRB-1983 RRB-1983 Demographic data Number of active participants 7,137 7,924 - - Number of participants in direct proportional benefit 30 10 - - Number of assisted beneficiary participants 6,498 6,233 51 51 e. The composition of the investment portfolios The composition of the investment portfolios is presented below: FAF Plans I and II 12.31.18 12.31.17 12.31.18 12.31.17 Composition of the fund's portfolio Fixed income 2,306.7 72.2% 2,238.1 72.7% 24.0 86.4% 23.1 86.4% Variable income 362.5 11.3% 363.6 11.8% 2.3 8.1% 2.5 9.3% Real estate 271.2 8.5% 197.7 6.4% - - - - Structured investments 233.5 7.3% 257.5 8.4% 1.5 5.3% 1.1 4.1% Transactions with participants 20.1 0.7% 20.4 0.7% 0.1 0.2% - 0.2% 3,194.0 100.0% 3,077.3 100.0% 27.9 100.0% 26.7 100.0% % of nominal return on assets 9.36% 10.90% 7.50% 8.92% f. Forecast and average term of payments of obligations The following amounts represent the expected benefit payments for future years and the average duration of the plan obligations: FAF Plans I and II 2019 141.4 1.3 2020 150.6 1.4 2021 161.8 1.4 2022 172.6 1.4 2023 183.3 1.5 2024 onwards 1,093.7 8.1 Weighted average duration - in years 12.49 10.37 g. Sensitivity analysis of defined benefit plan - FAF The quantitative sensitivity analysis regarding the relevant assumptions of defined benefit plan – FAF on December 31, 2018 is presented below: Assumptions utilized Variation of (+1%) Variation of (-1%) Relevant assumptions Average rate Actuarial liabilities (1) Average rate Actuarial liabilities (1) Benefit plan - FAF Discount rate 9.22% 10.22% (263.1) 8.22% 321.7 Wage growth rate 4.68% 5.68% 79.9 3.68% (54.8) (1) 25.2. Employee benefits: description and characteristics of benefits and associated risks Liabilities 12.31.18 12.31.17 Medical assistance 149.0 132.8 F.G.T.S. Penalty (1) 167.6 161.3 Award for length of service 55.1 49.3 Other 96.4 84.8 468.1 428.2 Current 94.7 85.2 Non-current 373.4 343.1 (1) FGTS – Government Severance Indemnity Fund for Employees The Company offers the following post-employment and other employee benefits plans in addition to the pension plans, which are measured by actuarial calculation and recognized in the financial statement: a. F.G.T.S. retirement related penalty As settled by the Regional Labor Court (“TRT”) on April 20, 2007, retirement does not affect the employment contract between the Company and its employees. The benefit paid is equivalent to 50% of F.G.T.S being 40% corresponding to a penalty and 10% of social contribution. Main actuarial risks related are (i) survival time over the ones set out in the mortality tables, (ii) turnover lower than expected and (iii) salary growth higher than expected. b. Medical Plan The Company offers to the retired employee according to the Law No. 9,656/98 a medical plan with fixed contribution, which guarantees to the retired employee that contributed to the health plan by reason of employment relationship, for at least 10 years, the right of maintenance as beneficiary, on the same conditions of coverage enjoyed when the employment contract was in force. Main actuarial risks related are (i) survival time over the ones set out in the mortality tables, (ii) turnover lower than expected and (iii) medical costs growth higher than expected. c. Award for length of service The Company usually rewards employees that attain at least 10 years of services rendered and subsequently every 5 years, with an additional remuneration ranging from 1 to 5 times current salaries at the date of the event (the longer the service time the higher the remuneration), provided they remain as active employees. Main actuarial risks related are (i) survival time over the ones set out in the mortality tables, (ii) turnover lower than expected and (iii) salary growth higher than expected. d. Retirement compensation On retirement, employees with over 10 years of service to the Company are eligible for additional compensation from 1 to 2 current wages in force at the time of retirement. Main actuarial risks related are (i) survival time higher than the ones set out in the mortality tables, (ii) turnover lower than expected and (iii) salary growth higher than expected. e. Life insurance The Company offers life insurance benefit to the employees who, at the time of their termination, are retired and during the employment contract opted for the insurance. For the employees with 10-20 years of service, the maintenance period of insurance is 2 years, from 21 years of service, the period is 3 years. Main actuarial risks related are (i) survival time higher than the ones set out in the mortality tables, (ii) turnover lower than expected and (iii) salary growth higher than expected. f. Rollforward of post-employment plans The rollforward of actuarial liabilities related to other benefits, prepared based on actuarial report reviewed by Management, are as follows: Consolidated Medical plan F.G.T.S. penalty Award for length of service Others (1) 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Composition of actuarial liabilities Present value of actuarial liabilities 149.0 132.8 167.6 161.3 55.1 49.3 96.4 84.8 Net actuarial liabilities 149.0 132.8 167.6 161.3 55.1 49.3 96.4 84.8 Rollforward of present value of actuarial liabilities Beginning balance of present value of actuarial liabilities 132.8 112.3 161.3 137.2 49.3 52.0 84.8 82.1 Interest on actuarial liabilities 12.7 12.3 12.2 13.2 4.0 5.1 2.5 2.9 Current service costs 0.2 0.2 6.5 6.0 2.1 2.1 0.8 0.9 Past service costs - changes in plan - 2.9 - - - - - - Benefits paid directly by the Company (6.6) (1.1) (20.1) (16.6) (9.7) (9.5) (6.7) (4.1) Present value of actuarial liabilities calculated in 2018 - - - - - - 10.2 - Actuarial (gains) losses - experience 5.4 (5.1) 10.7 14.8 9.6 - 4.9 2.0 Actuarial (gains) losses - demographic hypothesis - (2.4) (5.9) (4.3) (0.7) (1.8) (0.9) (0.8) Actuarial losses - economic hypothesis 4.4 13.7 2.8 11.1 0.6 1.4 0.9 1.7 Ending balance of liabilities 148.9 132.8 167.5 161.4 55.2 49.3 # 96.5 84.7 Rollforward of fair value assets Benefits paid directly by the Company 6.6 1.1 20.1 16.6 9.7 9.5 6.7 4.1 Contributions of the sponsor (6.6) (1.1) (20.1) (16.6) (9.7) (9.5) (6.7) (4.1) Ending balance of fair value of assets - - - - - - - - Rollforward of comprehensive income Beginning balance (37.4) (31.2) (86.5) (64.9) (37.5) (38.0) (16.0) (12.9) Actuarial gains (losses) (9.8) (6.2) (7.6) (21.6) (9.4) 0.5 (4.8) (3.0) Ending balance of comprehensive income (47.2) (37.4) (94.1) (86.5) (46.9) (37.5) (20.8) (15.9) Costs recognized in statement of income Interest on actuarial liabilities (12.7) (12.3) (12.2) (13.2) (4.0) (5.1) (2.5) (2.9) Current service costs (0.2) (0.2) (6.5) (6.0) (2.1) (2.1) (0.8) (0.9) Past service costs - (2.9) - - - - - - Cost recognized in statement of income (12.9) (15.4) (18.7) (19.2) (6.1) (7.2) (3.3) (3.8) Estimated costs for the next year Current service costs - (0.2) (6.5) (6.5) (2.6) (2.1) (8.1) (0.8) Interest on actuarial liabilities (13.5) (12.7) (11.8) (12.2) (4.4) (4.0) (4.2) (2.5) Estimated costs for the next year (13.5) (12.9) (18.3) (18.7) (7.0) (6.1) (12.3) (3.3) (1) Considers the sums of the retirement compensation and life insurance benefits. g. Actuarial assumptions and demographic data The main actuarial assumptions and demographic data used in the actuarial calculations are summarized below: Medical plan F.G.T.S. penalty Others (1) Actuarial assumptions 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Economic hypothesis Discount rate 9.26% 9.76% 8.76% 9.30% 8.76% 9.30% Inflation rate 4.00% 4.25% 4.00% 4.25% 4.00% 4.25% Medical inflation 7.12% 7.38% N/A N/A N/A N/A Wage growth rate N/A N/A 5.18% 4.25% 5.18% 4.25% F.G.T.S. balance growth N/A N/A 4.00% 4.00% N/A N/A Medical plan F.G.T.S. penalty Actuarial assumptions 12.31.18 12.31.17 12.31.18 12.31.17 Demographic hypothesis Schedule of mortality AT-2000 AT-2000 AT-2000 AT-2000 Schedule of disabled N/A N/A RRB-44 RRB-44 Schedule of turnover - BRF's historical 2,018 2,017 2,018 2,017 Demoraphic data Number of active participants 1,141 1,287 83,966 86,817 Number of assisted beneficiary participants 609 643 - - (1) h. Forecast and average duration of payments of obligations The following amounts represent the expected benefit payments for future years (10 years), from the obligation of benefits granted and the average duration of the plan obligations: Payments Medical plan F.G.T.S. penalty Award for length of service Others Total 2019 6.5 64.9 10.6 12.8 94.8 2020 7.1 15.3 8.9 7.6 38.9 2021 7.7 17.0 8.9 8.8 42.4 2022 8.4 15.8 6.5 8.2 38.9 2023 9.1 18.5 7.2 8.9 43.7 2024 to 2028 58.7 81.6 34.4 49.7 224.4 Weighted average duration - in years 14.00 3.78 4.26 8.25 6.71 i. Sensitivity analysis of post-employment plans The Company made the sensitivity analysis regarding the relevant assumptions of the plans on December 31, 2018, as presented below: Assumptions utilized (+) Variation (-) Variation Relevant assumptions Average (%) Actuarial liabilities (1) Average (%) Actuarial liabilities (1) Medical plan Discount rate 9.26% 10.26% (17.0) 8.26% 20.7 Medical inflation 7.12% 8.12% 20.3 6.12% (17.0) F.G.T.S. penalty Discount rate 8.76% 9.76% (5.5) 7.76% 6.1 Wage growth rate 5.18% 6.18% 1.0 4.18% (0.9) Turnover Historical +3% (18.9) -3% 25.8 (1)

26. PROVISION FOR TAX, CIVIL AN

26. PROVISION FOR TAX, CIVIL AND LABOR RISKS	12 Months Ended
	Dec. 31, 2018
Provision For Tax Civil And Labor Risks
PROVISION FOR TAX, CIVIL AND LABOR RISKS	The Company and its subsidiaries are involved in certain legal proceedings arising from the normal course of business, which include civil, commercial and other processes (including environmental and regulatory proceedings), tax, social security and labor risks. The Company classifies the risk of unfavorable decisions in the legal proceedings as “probable”, “possible” or “remote”. The Company records provisions for losses classified as "probable", as determined by the Company’s Management, based on legal advice, which reflect the estimated probable losses. Contingencies classified as "possible" loss are disclosed (but not provisioned) based on reasonably estimated amounts. The Company’s management believes that, based on the elements existing at the base date of these financial statements, its provision for tax, civil, commercial and other, as well for labor risks, is sufficient to cover estimated losses related to its legal proceedings, as set forth below. 26.1. Contingencies for probable losses The roll-forward of the provisions for tax, civil, commercial and other, and labor risks is summarized below: Tax Labor Civil, commercial and other Contingent liabilities Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 303.4 281.7 691.7 479.7 407.5 122.5 370.6 499.9 1,773.2 1,383.8 Additions 42.3 177.1 390.9 704.0 58.1 164.1 - 11.0 491.3 1,056.2 Business combination - - - 1.8 - - - - - 1.8 Reversals (128.9) (50.8) (325.8) (270.8) (169.0) (75.1) (0.8) (139.5) (624.5) (536.2) Payments (5.0) (127.0) (324.6) (338.9) (26.0) (43.3) - - (355.6) (509.2) Price index update 39.4 26.6 120.5 128.5 32.3 242.0 - - 192.2 397.1 Exchange rate variation (8.5) (4.2) (37.9) (12.6) (8.9) (2.7) (0.1) (0.8) (55.4) (20.3) Transfer - held for sale (1) (12.6) - (46.2) - (12.0) - (0.1) - (70.9) - Ending balance 230.1 303.4 468.6 691.7 282.0 407.5 369.6 370.6 1,350.3 1,773.2 Current 495.6 536.1 Non-current 854.7 1,237.1 26.1.1 Tax The tax contingencies consolidated and classified as probable losses relate to the following main legal proceedings: ICMS PIS and COFINS Other tax contingencies of labor debits included in REFIS with deposit awaiting consolidation and conversion into payment, in addition to debits as tax debts arising from differences of accessory obligations, import taxes, industrialized products tax, payment of compensation fees and others. In view of the amnesty payments the provision amounted in R$47.5 (R$51.6 as of December 31, 2017). 26.1.2 Labor The Company is defendant in several labor claims individual or with the Public Minister, mainly related to overtime, time spent by the workers for changing uniforms, in-commuting hours, rest breaks, occupational accidents, among others. None of these labor claims is individually significant. The Company recorded a provision based on past history of payments and loss prognosis. 26.1.3 Civil, commercial and others Civil contingencies are mainly related to claims relating to traffic accidents, moral and property damage, physical casualties, consumer relations, allegations contractual breaches, and allegations of noncompliance with legal obligations, among others. 26.1.3.1 Investigation by the Turkish Competition Board The Turkish Competition Board (“TCB”) initiated an investigation for the determination of whether the undertakings engaged in the industry of chicken meat production including Banvit, an indirect subsidiary of BRF, violated the Turkish Competition Laws by controlling domestic price levels and volumes, and controlling supply in the Aegean region during the period between November 2013 and July 2017. The Company has received an investigation report and an additional opinion from the competition authority and has submitted three written defenses. An oral hearing before the Competition Board will be held on February 27, 2019. Following the oral hearing, the Competition Board will issue its short form decision within 15 days and later the reasoned decision, which sets out the grounds for the fine, if applicable. Based on the evidences that are presented in the Investigation Report, in the Additional Opinion and the continuing stance of the Investigation Committee requesting a fine to be imposed on the Company, it can be deemed probable that the Company will receive a fine of some sort. Although on December 31, 2018 there was a wide range of possibilities, unclear elements and significant level of uncertainty regarding the calculation of the potential fine amount. Based on the unclear elements and uncertain variables set out, it was not possible to make a precise estimation regarding the exact magnitude of the fine that would be imposed by the Competition Board in case it ultimately resolves that the Company has violated the Competition Law at the end of the Investigation. Accordingly, in the year ended December 31, 2018, no provision related to the subject process was recognized. Additionally, there are clauses in Banvit’s purchase agreement and insurance policy that may cover partially or fully future losses. On March 14, 2019 the TCB announced a short decision regarding this investigation in which imposed an administrative fine of TRY 30.5. A reasoned decision is expected to be rendered within the course of 2019. The Company does not expect to have material losses related to this investigation. 26.2. Contingencies classified as a risk of possible loss The Company is involved in other tax, civil, labor and social security contingencies, for which losses have been assessed as possible by management with the support from legal counsel and therefore no provision was recorded. On December 31, 2018 the total amount of the possible contingencies was R$13,965.8 (R$13,278.4 as of December 31, 2017), of which R$369.6 (R$370.6 as of December 31, 2017) was recorded at fair value as a result of business combinations with Sadia. 26.2.1 Tax Tax contingencies with a risk of possible loss amounted to R$12,336.9 (R$11,469.9 as of December 31, 2017), from which R$369.6 (R$370.2 as of December 31, 2017) was recorded at fair value as a result of business combination with Sadia. The most relevant tax cases are set forth below: Profits earned abroad Income Tax and Social Contribution ICMS Related to the disputes involving “guerra fiscal” (item i above), on December 18, 2017 was published the Agreement ICMS Nº 190/2017 which regulates a Supplementary Law Nº 160/2017, allowing, after the necessary internal regulations of the States, the remission of the debts assessed/executed. On November 01, 2018 was published new ICMS Agreement nº 109/18 which partially amended ICMS Agreement nº 190/17, extending the deadlines for validating tax incentives and remitting debts to 2019. Related to the “ICMS cesta básica” (item ii above), in a meeting held on October 16, 2014 the Federal Supreme Court ("STF") was favorable to Tax Authority of State of Rio Grande do Sul, in the judgment of the extraordinary appeal No.635,688 submitted by company Santa Lúcia, understanding as improper the integral maintenance of ICMS tax credits on the reduced tax basis of food products that composes the basic food basket. The decision has a wide reflection effect (applicable to all taxpayers). However, there is still a claim for clarification waiting to be judged, requesting more details related to the timing of such decision (i.e. whether the decision will have retrospective effects), which suggests the need to wait for this final decision to recognize the effects on our financial statements. IPI PIS and COFINS Social Security Taxes Other Contingencies 26.2.2 Labor On December 31, 2017 the contingencies assessed as possible loss totaled R$125.5 (R$139.3 as of December 31, 2017). 26.2.3 Civil The civil contingencies for which losses were assessed as possible totaled R$1,503.4 (R$1,714.9 as of December 31, 2017) and were mainly related to claims for damages, including moral damages, arising from work accidents, traffic accidents, consumer relations, allegations of contractual noncompliance, allegations of noncompliance with legal obligations, among others. 26.2.4 Other The Company has been subject to two external investigations, denominated “ Carne Fraca Trapaça 26.3. Contingent Assets 26.3.1 Exclusion of VAT (ICMS) from PIS and COFINS tax base On March 15, 2017, the Supreme court in the judgment of the Extraordinary Appeal No. 574.706 of the State of Paraná, moved by Import, Export and Oil Industry ("IMCOPA"), established the thesis, with general repercussion, that the ICMS is not part of the tax basis for PIS and COFINS. The judgment of the Extraordinary Appeal it is still pending the assessment of the opposing objections by the Union. The Company has in its name an estimated contingent asset in the amount of R$954.6, corresponding to PIS / COFINS paid in the past, including ICMS in the calculation basis. In addition, the Company has other actions on the same subject by merged companies, with favorable decisions, whose amounts are already being determined and will be recognized upon final decision (note 11.2).

27. SHAREHOLDERS' EQUITY

27. SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2018
Shareholders Equity
SHAREHOLDERS' EQUITY	27.1. Capital stock On December 31, 2018, the capital subscribed and paid by the Company is R$12,553.4, which is composed of 812,473,246 book-entry shares of common stock without par value. The value of the capital stock is net of the public offering expenses of R$92.9. The Company is authorized to increase the capital stock, irrespective of amendment to the bylaws, up to the limit of 1,000,000,000 common shares, in book-entry form without par value. 27.2. Breakdown of capital stock by nature 12.31.18 12.31.17 12.31.16 Common shares 812,473,246 812,473,246 812,473,246 Treasury shares (1,057,224) (1,333,701) (13,468,001) Outstanding shares 811,416,022 811,139,545 799,005,245 27.3. Rollforward of outstanding shares Quantity of outstanding of shares 12.31.18 12.31.17 12.31.16 Shares at the beggining of the exercise 811,139,545 799,005,245 809,972,245 Purchase of treasury shares - - (11,107,600) Sale of treasury shares - 12,134,300 140,600 Anticipated transfer of restricted shares 276,477 - - Shares at the end of the exercise 811,416,022 811,139,545 799,005,245 27.4. Shareholders’ remuneration 12.31.18 12.31.17 12.31.16 Net profit (Loss) (4,448.1) (1,125.6) (372.4) Dividends calculation base (4,448.1) (1,125.6) (372.4) Remuneration of shareholders' exceeding the mandatory minimum - - 513.2 Total remuneration of shareholders' in the year, as interest on shareholders' equity - - 513.2 Withholding income tax on interest on shareholders' equity - - (77.0) Remuneration of shareholders', net of withholding income tax - - 436.2 Dividends paid per share - - 0.76410 Payment of interest on shareholders' equity, paid in 2016 - gross of withholding income tax of R$76,982 - - (513.2) Paid in the previous period - interest on shareholders' equity of 2015 - gross withholding income tax of R$48,318 - - (473.4) Dividends paid related to 2015 - - (189.7) Payments made during in the year - - (1,176.3) Remaining amounts outstanding 1,018.0 1,723.0 2,307.0 Interest on shareholders' equity outstanding 1,018.0 1,723.0 2,307.0 27.5. Loss absorption Loss absorption Reserve balances Limit on capital % 12.31.18 12.31.17 12.31.18 12.31.17 Actuarial loss FAF - (18.5) (16.8) - - Legal reserve 20 (101.4) (438.8) - 101.4 Capital increase reserve 20 - (30.3) - - Reserve for tax incentives - - (639.7) - - (119.9) (1,125.6) - 101.4 Legal reserve 27.6. Capital reserve 27.6.1 Capital reserve Capital Reserves 12.31.18 12.31.17 12.31.16 Result on disposal of shares (40.7) (40.7) (40.7) Granted shares canceled (32.4) (32.4) (32.4) Valuation of stock exchange 166.2 166.2 166.2 Shares based payment 262.3 261.8 236.2 Goodwill on acquisition of non-controlling entities (40.5) (40.5) (47.4) Acquisition of non-controlling entities (199.3) (199.3) (240.9) Loss on the change in equity interest - Subsidiaries (0.2) - - 115.4 115.1 41.0 27.6.2 Treasury shares The Company has 1,057,224 shares in treasury, with an average cost of R$53.60 (fifty-three Brazilian Reais and sixty cents) per share, with a market value corresponding to R$23.2. Quantity of outstanding of shares 12.31.18 12.31.17 Shares at the beggining of the exercise 1,333,701 13,468,001 Sale of treasury shares - (12,134,300) Anticipated transfer of restricted shares (276,477) - Shares at the end of the exercise 1,057,224 1,333,701 27.7 Breakdown of the capital by owner The shareholding position of shareholders holding more than 5% of the voting capital, management and members of the Board of Directors is presented below (unaudited): 12.31.18 12.31.17 Shareholders Quantity % Quantity % Major shareholders Fundação Petrobras de Seguridade Social - Petros (1) 93,226,766 11.47 92,716,266 11.41 Caixa de Previd. dos Func. Do Banco do Brasil (1) 86,506,952 10.65 86,605,452 10.66 Management Board of Directors 6,376,083 0.78 41,220,470 5.07 Executives 31,662 0.00 157,546 0.02 Treasury shares 1,057,224 0.13 1,333,701 0.16 Other 625,274,559 76.97 590,439,811 72.68 812,473,246 100.00 812,473,246 100.00 (1) The pension funds are controlled by employees that participate in the respective entities. The Company is bound to arbitration in the Market Arbitration Chamber, as established by the arbitration clause in its bylaws.

28. LOSS PER SHARE

28. LOSS PER SHARE	12 Months Ended
	Dec. 31, 2018
Earnings per share [abstract]
LOSS PER SHARE	Continued operations 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (2,115.0) (984.2) (107.8) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (2.60691) (1.22486) (0.13442) Diluted numerator Loss for the year attributable to controlling shareholders (2,115.0) (984.2) (107.8) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (2.60691) (1.22486) (0.13442) Discontinued operations 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (2,333.1) (141.3) (264.6) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (2.87577) (0.17588) (0.32996) Diluted numerator Loss for the year attributable to controlling shareholders (2,333.1) (141.3) (264.6) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (2.87577) (0.17588) (0.32996) 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (4,448.1) (1,125.6) (372.4) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (5.48267) (1.40073) (0.46437) Diluted numerator Loss for the year attributable to controlling shareholders (4,448.1) (1,125.6) (372.4) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (5.48267) (1.40073) (0.46437) Diluted result is calculated considering the numbers of dilutive potential ordinary shares (stock options and restricted shares). However, due to loss disclosed for the year ended December 31, 2018 and 2017, the numbers of dilutive potential ordinary shares (stock options) has antidilutive effect and therefore was not considered in the calculation of diluted loss per share.

29. GOVERNMENT GRANTS

29. GOVERNMENT GRANTS	12 Months Ended
	Dec. 31, 2018
Government Grants
GOVERNMENT GRANTS	The Company has tax benefits related to ICMS for investments granted by the governments of states as follows: Programa de Desenvolvimento Industrial e Comercial de Mato Grosso (“PRODEIC”), Programa de Desenvolvimento do Estado de Pernambuco (“PRODEPE”) and Fundo de Participação e Fomento à Industrialização do Estado de Goiás (“FOMENTAR”). Such incentives are directly associated to the manufacturing facilities operations, job generation and to the economic and social development in the respective states. On December 31, 2018, this incentive totaled R$174.2 (R$144.4 in 2017 and R$122.6 in 2016).

30. RELATED PARTIES

30. RELATED PARTIES	12 Months Ended
	Dec. 31, 2018
Government Grants
RELATED PARTIES	As part of the Company’s operations, rights and obligations arise between related parties, resulting from transactions of purchase and sale of products, loans agreed based on contracts, on market or commutative conditions for similar transactions. All the transactions and balances among the Company and its subsidiaries were eliminated in the consolidation and refer to commercial and/or financial transactions. The price of transactions of the purchase, sale, industrialization, and sharing of costs which are commutative between BRF SA and SHB, were determined based on cost plus tax impacts, in order to preserve the value chain of the companies. As of December 31, 2018, with the merge of SHB by BRF S.A. (note 1.7), these transactions no longer exist. 30.1. Transactions and balances All companies set forth in note 1.1, which describes the relationship with BRF as well as the nature of the operations of each entity, are controlled by BRF, except for UP! Alimentos, PP-BIO and SATS BRF which are associates or joint ventures. The Company also recorded a liability in the amount of R$1.3 (R$3.7 as of December 31, 2017) related to the fair value of the guarantees offered to BNDES concerning a loan made by Instituto Sadia de Sustentabilidade. Due to the acquisition of biodigesters from Instituto Sadia de Sustentabilidade, as of December 31, 2018 the Company recorded a payable to this entity of R$4.7 included in other liabilities (R$13.6 as of December 31, 2017). The Company has entered into transactions with companies that are owned by members of its Board of Directors as demonstrated below: Amounts of revenues (expenses) Companies Type of transactions 12.31.18 12.31.17 12.31.16 Corall Consultoria Ltda (2) Corall provided consulting services to BRF - - (1.8) Edavila Consultoria Empresarial Eireli (1) Edavila provided consulting services to BRF - (0.5) (0.3) Hortigil Hortifruti S.A. ("Hortigil") (2) BRF sells products to Hortigil - - 3.5 Instituto de Desenvolvimento Gerencial S.A.("Instituto") (2) Instituto provided consulting services to BRF - (0.9) (5.0) (1) Entity on which BRF has no equity interest, but have relationship with the Board of Directors, and provided services to the Company related international marketing and innovation. (2) Entities are no longer related parties, because Board of Director member has no more relationship with them. 30.2. Other Related Parties The Company leased properties owned by FAF. For the year ended December 31, 2018, the total amount paid as rent was R$16.9 (R$15.8 in the same period of the previous year). The rent value was set based on market conditions. 30.3. Granted guarantees All granted guarantees on behalf of related parties were disclosed in note 19.9. 30.4. Management remuneration Key management personnel include board members, statutory directors and the head of internal audit. The total remuneration and benefits paid to these professionals are set forth below: Consolidated 12.31.18 12.31.17 12.31.16 Salary and profit sharing 40.1 32.8 27.5 Short term benefits (1) - 0.4 0.3 Private pension 0.6 0.6 0.8 Post-employment benefits 0.1 0.2 0.2 Termination benefits 10.1 5.8 5.9 Share-based payment 5.6 17.0 16.8 56.5 56.8 51.5 (1) Comprises: Medical assistance, educational expenses and others.

31. NET SALES

31. NET SALES	12 Months Ended
	Dec. 31, 2018
Net Sales
NET SALES	12.31.18 Restated Restated Gross sales Brazil 20,651.2 19,350.0 18,621.1 Halal 9,040.7 7,494.3 6,877.2 International 4,963.1 5,796.0 6,289.3 Other segments 958.4 895.5 941.7 35,613.4 33,535.8 32,729.3 Sales deductions Brazil (4,366.4) (4,161.4) (3,813.1) Halal (747.4) (800.3) (650.6) International (195.9) (182.5) (289.2) Other segments (115.3) (77.5) (92.5) (5,425.0) (5,221.7) (4,845.4) Net sales Brazil 16,284.8 15,188.6 14,808.0 Halal 8,293.3 6,694.0 6,226.6 International 4,676.2 5,613.5 6,000.1 Other segments 843.1 818.0 849.2 30,188.4 28,314.1 27,883.9

32. RESEARCH AND DEVELOPMENT CO

32. RESEARCH AND DEVELOPMENT COSTS	12 Months Ended
	Dec. 31, 2018
Research And Development Costs
RESEARCH AND DEVELOPMENT COSTS	Consist of expenditures on internal research and development of new products which are recognized in the statement of income when incurred. The expenditures amounted to R$53.5 for the year ended December 31, 2018 (R$52.0 in 2017 and R$200.2 in 2016).

33. OTHER OPERATING INCOME (EXP

33. OTHER OPERATING INCOME (EXPENSES), NET	12 Months Ended
	Dec. 31, 2018
Other Operating Income Expenses Net
OTHER OPERATING INCOME (EXPENSES), NET	12.31.18 Restated Restated Income Recovery of expenses (1) 285.3 119.9 99.9 Provision reversal 27.9 13.4 56.1 Scrap sales 14.7 14.5 14.4 Gain on step business combination - - 59.6 Gain from the disposal of property, plant and equipment - - 27.2 Tax amnesty program ("PERT") - 147.7 - Other 59.8 87.4 19.2 387.7 382.9 276.4 Expenses Expenses arising from Trapaça Operation (2) (78.9) (78.3) - Net loss from the disposals of property, plant and equipment (59.6) (21.2) - Rewards and short-term incentive (47.0) (101.5) (7.0) Costs on business disposed (27.8) (36.7) - Other employees benefits (25.0) (33.2) (28.9) Provision for civil and tax risks (18.0) (180.8) (109.0) Restructuring (17.8) (14.9) - Demobilization expenses (14.8) (44.7) - Insurance claims costs (9.4) (25.1) (32.7) Expected credit losses (2.7) (13.6) (5.5) Management profit sharing - - (3.4) Idleness costs - - (0.2) Other (67.4) (166.3) (88.7) (368.4) (716.3) (275.4) 19.3 (333.4) 1.0 (1) The balance in 2018 refers mainly to recognition of PIS / COFINS to be recoverable in the amount of R$225.6 (note 11.2). (2) In 2018, expenses arising from Trapaça Carne Fraca

34. FINANCIAL INCOME (EXPENSES)

34. FINANCIAL INCOME (EXPENSES), NET	12 Months Ended
	Dec. 31, 2018
Financial Income Expenses Net
FINANCIAL INCOME (EXPENSES), NET	12.31.18 Restated Restated Financial income Interest on assets 596.4 302.5 313.8 Exchange rate variation on other assets 404.6 - 327.7 Exchange rate variation on net assets of foreign subsidiaries (1) 330.5 213.5 - Interest on cash and cash equivalents 159.3 267.8 188.4 Interests on financial assets classified as Amortized cost 98.6 61.7 84.8 Fair value throught profit and loss 14.5 19.8 43.6 Fair value throught other comprehensive income 0.7 8.2 - Exchange rate variation on marketable securities 45.0 - 56.2 Tax amnesty program ("PERT") - 302.1 - Exchange rate variation on other liabilities - 388.1 - Exchange rate variation on loans and financing - - 1,322.0 1,649.6 1,563.7 2,336.5 Financial expenses Interest on loans and financing (1,281.8) (1,367.7) (1,100.8) Exchange rate variation on loans and financing (1,265.9) (190.4) - Adjustment to present value (277.4) (283.3) (353.6) Interest on liabilities (246.0) (469.2) (269.6) Losses on derivative transactions, net (212.7) (117.2) (1,080.7) Exchange rate variation on other liabilities (169.5) - (514.0) Losses price to be fixed transactions (112.8) (22.3) (76.4) Taxes on financial transactions (79.3) (81.4) - Impairment on marketable securities (7.6) - - Exchange rate variation on other assets - (593.5) - Exchange rate variation on marketable securities - (94.6) - Exchange rate variation on net assets of foreign subsidiaries - - (660.5) Premium paid for the repurchase of bonds (Tender Offer) - - (31.8) Others (238.1) (225.9) (190.0) (3,891.1) (3,445.5) (4,277.4) (2,241.5) (1,881.8) (1,940.9) (1) Refers to gains and losses on translation of assets and liabilities reported by the Company’s subsidiaries whose functional currency is Real.

35. STATEMENT OF INCOME BY NATU

35. STATEMENT OF INCOME BY NATURE	12 Months Ended
	Dec. 31, 2018
Statement Of Income By Nature
STATEMENT OF INCOME BY NATURE	The Company has chosen to disclose its statement of income by function and thus presents below the details by nature: 12.31.18 Restated Restated Costs of sales Raw materials and consumables (1) 17,790.9 15,024.9 14,458.1 Depreciation 1,381.2 1,305.0 1,162.0 Amortization 78.6 91.2 5.4 Salaries and employees benefits 3,637.7 3,679.9 3,448.9 Others 2,432.3 2,500.2 1,859.6 25,320.7 22,601.2 20,934.0 Sales expenses Depreciation 69.5 64.1 63.6 Amortization 65.6 65.5 12.0 Salaries and employees benefits 1,190.2 1,210.7 1,133.9 Indirect and direct logistics expenses (2) 2,260.4 2,034.6 1,965.0 Marketing 508.0 462.1 709.0 Others 419.9 371.7 637.7 4,513.6 4,208.7 4,521.2 Administrative expenses Depreciation 21.5 28.1 21.0 Amortization 78.7 38.3 119.6 Salaries and employees benefits 260.6 215.3 191.0 Fees 28.6 30.9 28.4 Others 161.7 149.9 82.6 551.1 462.5 442.6 Impairment Loss on Trade and Other Receivables Impairment Loss on Trade and Other Receivables 46.3 67.5 53.5 46.3 67.5 53.5 Other operating expenses (3) Depreciation 52.1 40.1 26.2 Others 316.3 676.2 249.2 368.4 716.3 275.4 (1) To the year ended December 31, 2018, included expenses in the amount of R$403.3 arising from Trapaça Carne Fraca (2) To the year ended December 31, 2018, included expenses in the amount of R$12.4 arising from strike of trucker drivers (note 1.5). (3) The composition of other operating expenses is disclosed in note 33.

36. INSURANCE COVERAGE

36. INSURANCE COVERAGE	12 Months Ended
	Dec. 31, 2018
Insurance Coverage
INSURANCE COVERAGE	The Company´s insurance policy considers the concentration and relevance of the risks identified in its risk management program. Thus, the contracted insurance coverage are adequate to the entity´s size, activities and for amounts considered reasonable for Management to cover any damages. The Company also follows the orientations provided by its advisors. 12.31.18 Assets covered Coverage Amount of coverage Operational risks Coverage against damage to buildings, facilities, inventory, machinery and equipment, loss of profits 1,067.5 Carriage of goods Coverage of goods in transit and in inventories 981.5 Civil responsability Third party complaints 310.0 Each legal entity has its own coverages, which are not complementary.

37. NEW ACCOUNTING PRONOUNCEMEN

37. NEW ACCOUNTING PRONOUNCEMENTS NOT ADOPTED	12 Months Ended
	Dec. 31, 2018
New Accounting Pronouncements Not Adopted
NEW ACCOUNTING PRONOUNCEMENTS NOT ADOPTED	37.1. IFRS 16 - Leases The Company has assessed the estimated impact arising from adoption of this pronouncement in its consolidated financial statement, as described below. We emphasize that the effective impact of adoption on January 01, 2019 may change due to: - the Company is concluding the implementation, testing and assessment of controls over its new IT systems for the management of leasing agreements; - the discount rate; and - an assessment whether it will exercise any renewal options and the choice to use practical expedients and recognition exemptions. IFRS 16 introduces a single model for the accounting of leases for the lessee, for which should be recognized a right-of-use the underlying asset and a lease liability representing its obligation to make payments. Assets classified as short-term lease and lease of low-value items, are exempt from this treatment. The accounting model for lessor remains unchanged, meaning the lessors continue to classify the leases as financial or operating. For leases in which the Company is a lessee, will be recognize new assets and liabilities arising from lease agreements of lands, outgrowers relationship, offices, distribution centers, vehicles, among others. The nature of expenses related to those lease agreements will now change because the Company will recognise a depreciation charge for right-of-use assets and interest expense on lease liabilities. Previously, the Company recognised operating lease expense on a straight-line basis over the term of the lease. Based on information currently available, the Company estimates that it will recognise in its consolidated financial statement a right-of-use asset and a lease liability of approximately R$2,700.0 on January 01, 2019. Given the complexity of the topic, until the initial adoption of this standard there may be a variation in relation to the estimated value which the Company estimates to be up to 20% of the amount disclosed herein. The adoption of IFRS 16 does not affect the Company's ability to comply with any contractual agreements. At the date of initial adoption, the Company will choose the modified retrospective approach, whose cumulative effect will be recognised as an adjustment to the opening balance of retained earnings on January 01, 2019, with no comparative information. The Company will choose to use the exemptions provided by the pronouncement for lease agreements whose term expires in 12 months from the date of initial adoption and lease agreements whose underlying asset is low-value. 37.2. IFRIC 23 Uncertainty over Income Tax Treatments The interpretation IFRIC 23 clarifies how to apply the recognition and measurement requirements in IAS 12 when there is uncertainty over income tax treatments. In such a circumstance, the Company shall recognize and measure its current or deferred tax asset or liability applying the requirements in IAS 12 based on taxable profit (tax loss), tax bases, unused tax losses, unused tax credits and tax rates determined applying this interpretation. The interpretation is valid from January 1, 2019. The Company is analyzing relevant tax decisions of superior courts and if it conflicts anyhow with the positions adopted by the Company. For already known uncertain tax positions the Company is also reviewing corresponding legal opinions. At present, the Company has not identified any material impact that should be disclosed or recorded.

38. TRANSACTIONS THAT DO NOT IN

38. TRANSACTIONS THAT DO NOT INVOLVE CASH OR CASH EQUIVALENTS	12 Months Ended
	Dec. 31, 2018
Transactions That Do Not Involve Cash Or Cash Equivalents
TRANSACTIONS THAT DO NOT INVOLVE CASH OR CASH EQUIVALENTS	The following transactions did not involve cash or cash equivalents during the year ended December 31, 2018: (i) Capitalized interest arising from loans: To the year ended December 31, 2018, amounted to R$19.6 (R$33.6 in the same period of the previous year); The amount related to discontinued operations is R$12.4 on December 31, 2018 (R$1.8 at December 31, 2017); and (ii) Addition of financial lease: To the year ended December 31, 2018, amounted to R$48.8 (R$117.3 in the same period of the previous year);

39. APPROVAL OF THE CONSOLIDATE

39. APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2018
Approval Of Consolidated Financial Statements
APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS	The consolidated financial statements were approved by the Board of Directors on April 25, 2019.

3. SUMMARY OF SIGNIFICANT ACC_2

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies Policies Abstract
Consolidation	Consolidation includes the BRF’s individual financial statements and the financial statements from subsidiaries where BRF has direct or indirect control. All transactions and balances between BRF and its subsidiaries have been eliminated upon consolidation, as well as the unrealized profits or losses arising from transactions between the Company and its subsidiaries. Non-controlling interest is presented separately.
Functional currency	Functional currency and foreign currency transactions The financial statements of foreign subsidiaries are translated into Brazilian Reais in accordance with their functional currency using the following criteria: Foreign subsidiaries with functional currency – Argentine Peso, Thailand Bath, Chilean Peso, United Arab Emirates Dirham, Euro, Forint Hungary, Hong Kong Dollar, Kuwait Dinar, Oman Riyal, Pound Sterling, South African Rand, Renminbi Yuan China, Ringgit Malaysia, Riyal Saudi Arabia, Riyal Qatar, Romanian Leu, Ruble Russia, Singapore Dollar, Turkish Lira, Uruguayan Peso, U.S. Dollar, Vietnamese Dong, Won South Korea and Yen. · Assets and liabilities are translated at the exchange rate in effect at year-end; · Statement of income accounts are translated based on the monthly average rate; and · The cumulative effects of gains or losses upon translation are recognized as Accumulated Foreign Currency Translation Adjustments component of other comprehensive income. Foreign subsidiaries with functional currency – Brazilian Reais · Non-monetary assets and liabilities are translated at the historical rate of the transaction; · Monetary assets and liabilities are translated at the exchange rate in effect at year-end; · Statement of income accounts are translated based on monthly average rate; · The cumulative effects of gains or losses upon translation of monetary assets and liabilities are recognized in the statement of income; and · The cumulative effects of gains or losses upon translation of non-monetary assets and liabilities are recognized in the other comprehensive income. Goodwill arising from business combination with entities in foreign market is expressed in the functional currency of that entity and converted by the closing exchange rate for the reporting currency of the of the acquirer, with the effects recognized in other comprehensive income. The accounting policies have been consistently applied by all subsidiaries included in consolidation, with the exception of the adoption of new accounting standards as discloses in notes 3.7 and 3.27.
Investments	Investments : investments in associates and joint ventures are initially recognized at cost and adjusted thereafter for the equity method. In the investments in associates, the Company must have significant influence, which is the power to participate in the financial and operating policy decisions of the investee, without having its control or joint control of those policies. In investments in joint ventures there is a contractually agreed sharing of control through an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.
Business combinations	Business combinations When the investment has simply been moved from one part of the group to another, the acquirer in a common control transaction use book value (carry-over basis) accounting. When acquiring a business, management evaluate the assets acquired and the liabilities assumed in order to classify and allocate them assessing the terms of the agreement, economic circumstances and other conditions at the acquisition date. Goodwill is initially measured as the excess of the consideration paid over the fair value of the net assets acquired. After initial recognition, goodwill is measured at cost, net of any accumulated impairment losses. For purposes of impairment testing, the goodwill recognized in a business combination, as from the acquisition date, is allocated to each of the Company’s cash generating units.
Segment information	Segment information : an operating segment is a component of the Company that carries out business activities from which it can obtain revenues and incur expenses. The operating segments reflect how the Company’s management reviews financial information to make decisions. The Company’s management has identified reportable segments, which meet the quantitative and qualitative disclosure requirements. The segments identified for disclosure represent mainly sales channels, being, Brazil, Halal (predominantly Islamic markets, including Turkey, North of Africa, Gulf Cooperation Council (GCC) and Malaysia) and International (Japan, Korea, China, Hong Kong, Singapore, Eurasia, Africa and Americas). The information according to the characteristics of the products is also presented, based on their nature, as follows: poultry, pork and others, processed and other sales.
Cash and cash equivalents	Cash and cash equivalents:
Financial instruments	Financial instruments: Classification of Financial Assets IFRS 9 contains a new classification and measurement approach for financial assets which contains three principal classification categories: measured at amortized cost, fair value through other comprehensive income (FVOCI) and fair value through profit and loss (FVTPL). The standard eliminates the IAS 39 categories of held to maturity, held for trading, loans and receivables and available for sale. This change did not cause any retrospective impact in the measurement of the Company’s financial assets. Prospectively, for equity instruments measured at FVOCI, when settled or transferred, the gains and losses accumulated in other comprehensive income no longer affect income statement, being immediately reclassified to accumulated profits or losses, in equity. The classification of financial assets is based on individual characteristics of the instrument and the business model of the portfolio in which it is contained. For already existent financial instruments on January 01, 2018, the Company has considered the categories on the following manner: (i) Financial assets held to maturity and loans and receivables were transferred to the amortized cost category; (ii) Financial assets held for trading were transferred to the FVTPL classification; (iii) Financial assets available for sale were transferred to the FVOCI classification; The charts related to financial instruments in notes 4 and 7 now follow the categories described above. Hedge accounting The Company has chosen to apply the new hedge accounting requirements of IFRS 9. The standard requires that hedge accounting relationships are aligned with the Company’s risk management objectives and strategy, the application of a more qualitative and forward-looking approach to assessing hedge effectiveness and prohibits voluntary discontinuation of hedge accounting. For financial instruments designated into cash flow hedge relations, the Company has begun to account for the time value of purchased options, the forward element of forward contracts and foreign currency basis spreads as cost of hedging, into other comprehensive income. When the instrument is terminated, the costs of hedge are reclassified to the income statement together with the intrinsic values of the instrument. The categories and designation models for hedge accounting remain unchanged. Impairment of Financial Assets IFRS 9 replaces the ‘incurred loss’ model in IAS 39 with a forward-looking ‘expected credit loss’ model. This model is applicable to financial assets measured at amortized cost or at FVOCI, except for equity instruments. For financial investments and cash and equivalents, the Company did not have any relevant impact on credit losses, due to the elevated ratings of its counterparties. For trade receivables and notes receivables, the Company has elected the practical expedient of the aging-based provision matrix in the item B5.5.35 of IFRS 9, with the appropriate groupings of the receivables. The Company prepared a study of historical losses and recoveries of its customers portfolios for every acting region, taking into consideration the dynamics of the markets and the instruments hired to reduce credit exposures, such as: letters of credit, insurances and guarantees. In addition to the analysis of the consolidated portfolios, specific clients with different credit risks were treated separately. Based on the studies, expected losses indexes were calculated for each portfolio and aging class. The indexes were applied to the accounts receivable balances and generated the amounts of expected credit losses. The Company monitors the indexes, customers and portfolios constantly, recognizing the respective changes into the impairment loss on trade and other receivables account. The adoption of the new standard has impacted the Company’s equity as per below: Retained Earnings Impact of IFRS 9 adoption Increase in expected credit losses with trade accounts receivable 12.6 Increase in expected credit losses with notes receivable 6.5 Increase in expected credit losses with financial investments 1.4 Deferred taxes (6.0) Impact on 01.01.18 14.5 Transition Changes in accounting policies resulting from the adoption of IFRS 9 were applied retrospectively, except as described below: · The Company took advantage of the exemption allowing it not to restate comparative information for prior periods with respect to classification and measurement (including impairment) changes. Differences in carrying amounts of financial assets and financial liabilities resulting from the adoption of IFRS 9 were recognized in retained earnings at January 01, 2018; and · The new hedge accounting requirements were applied prospectively.
Adjustment to present value	Adjustment to present value
Trade accounts receivables and other receivables	Trade accounts receivables and other receivables The Company adopts procedures and analysis to establish credit limits and substantially does not require collateral from customers. In the event of default, collection attempts are made, which include direct contact with customers and collection through third parties. Should these efforts prove unsuccessful, court measures are considered and the notes are reclassified to non-current assets at the same time an allowance is recognized. The notes are written-off from the allowance when management considers that they are not recoverable after taking all appropriate measures to collect them.
Inventories	Inventories
Biological assets	Biological assets
Assets held for sale and discontinued operations	Assets held for sale and discontinued operations: The statement of income (loss) and cash flows from discontinued operations are presented separately from those of continued operations of the Company. The comparative periods are reclassified in the case of the statement of income (loss) for the year and cash flows, however the statement of financial position remains as presented in the past.
Property, plant and equipment	Property, plant and equipment Depreciation is recognized based on the estimated economic useful life of each asset on a straight-line basis. The estimated useful life, residual values and depreciation methods are annually reviewed and the effects of any changes in estimates are accounted for prospectively. Land is not depreciated. The Company annually performs an analysis of impairment indicators of property, plant and equipment. The recoverability of these assets was tested for impairment in 2018, and no adjustments were identified. The realization of the test involved the adoption of assumptions and judgments, as disclosed in note 18. An impairment for loss for property, plant and equipment, is only recognized if the related cash-generating unit is devalued. Such condition is also applied if the asset’s recoverable amount is less than its carrying amount. The recoverable amount of asset or cash-generating unit is the greater of its value in use and its fair value less cost to sell. Gains and losses on disposals of property, plant and equipment items are calculated by comparing the proceeds of the disposals with their net book values and recognized in the statement of income (loss) at the disposal date.
Intangible assets	Intangible assets The useful life of intangible assets is assessed as finite or indefinite. Intangible assets with a finite life are amortized over the economic useful life and reviewed for impairment whenever there is an indication that their carrying values may be impaired. The amortization period and method for an intangible asset with a finite useful life are reviewed at least at the end of each fiscal year. The amortization of intangible assets with a finite useful life is recognized in the statement of income as an expense related to its use and consistently with the economic useful life of the intangible asset. Intangible assets with an indefinite useful life are not amortized, but are tested annually for impairment on an individual basis or at the cash generating unit level. The Company records goodwill and trademarks as intangibles assets with indefinite useful life. Goodwill recoverability was tested for fiscal year 2018 and no impairment loss was identified. Such test involved the adoption of assumptions and judgments, disclosed in note 18.
Income taxes	Income taxes The income from foreign subsidiaries is subject to taxation pursuant to the local tax rates and legislation. In Brazil, these incomes are taxed according to the Law 12.973/14, respecting the tax treaty signed by each country with Brazil in order to avoid double taxation. Deferred taxes are recorded on IRPJ and CSLL tax losses, and on temporary differences between the tax basis and the carrying amount on assets and liabilities and classified as non-current assets. When the Company’s analysis indicates that the realization of these credits is not probable, the asset is derecognized. In 2018, the need to derecognise part of the Company's deferred tax assets was identified, as demonstrated in note 13.3. Deferred tax assets and liabilities are offset if a legally enforceable right exists to set off current tax assets against current tax liabilities and they relate to income taxes levied by the same tax authority on the same taxable entity. In the consolidated financial statements, the Company’s tax assets and liabilities can be offset against the tax assets and liabilities of the subsidiaries if, and only if, these entities have a legally enforceable right to make or receive a single net payment and intend to make or receive this net payment, or recover the assets and settle the liabilities simultaneously. Therefore, for presentation purposes, the balances of tax assets and tax liabilities are being disclosed separately. Deferred tax assets and liabilities must be measured by enacted or substantially enacted rates that are expected to be applicable for the period when the assets are realized and liabilities settled.
Accounts payable and trade accounts payable	Accounts payable and trade accounts payable
Provision for tax, civil and labor risks and contingent liabilities	Provision for tax, civil and labor risks and contingent liabilities The Company is part of various lawsuits, including, tax, labor and civil claims, mainly in Brazil. The assessment of the likelihood of an unfavorable outcome in these lawsuits includes the analysis of the available evidence, the hierarchy of the laws, available prior court decisions, as well as the most recent court decisions and their importance to the Brazilian legal system, as well as the opinion of external legal counsel. The provisions are reviewed and adjusted to reflect changes in the circumstances, such as the applicable statute of limitation, conclusions of tax inspections or additional exposures identified based on new claims or court decisions. A contingent liabilities of business combinations are recognized if they arise from a present obligation that arose from past events and if their fair value can be measured reliably and subsequently are measured at the higher of: · the amount that would be recognized in accordance with the accounting policy for the provisions above; or · the amount initially recognized less, where appropriate, of recognized revenue in accordance with the policy of recognizing revenue from customer contracts. As a result of the business combinations with Sadia, the Company recognized contingent liabilities related to tax.
Leases	Leases Finance lease agreements are recognized in property, plant and equipment and in liabilities at the lower of the present value of the minimum future payments of the agreement and the fair value of the asset, including, when applicable, the initial direct costs incurred in the transaction. The amounts recorded in property, plant and equipment are depreciated and the underlying interest is recorded in the statement of income in accordance with the terms of the lease agreement. Operating lease agreements are recognized as straight-line expenses throughout the lease terms. Gains or losses arising from sale-leaseback transactions classified after the sale of the assets as operating leases are recognized as follows: - Immediately in profit or loss when the transaction was measured at fair value; - If the transaction price is established below or above the fair value, the profit or loss is recognized immediately in profit or loss, unless the result is offset by future lease payments below market value. On January 01, 2019, IFRS 16 is effective, whose impacts are described in note 37.
Share based payments	Share based payments The expense or income arising from the movement during the year is recognized in the statement of income according to the function performed by the beneficiary. Expense is reversed/trued up in case of failure to satisfy a service vesting condition (forfeiture). The effect of outstanding options is reflected as additional dilution in the calculation of diluted earnings per share.
Pension and other post-employment plans	Pension and other post-employment plans The measurements comprise the actuarial gains and losses, the effect of a limit on contributions and returns on plan assets, are recognized in the statement of financial position with a contra entry in other comprehensive income when incurred. These measurements are not reclassified to statement of income (loss) in subsequent periods. The Company recognizes the net defined benefit asset, when: · controls a resource and has the ability to use the surplus to generate future benefits; · the control is a result of past events; and · the future economic benefits are available to the Company in the form of a reduction in future contributions or a cash refund, either directly to the Company or indirectly to another deficitary plan. The asset ceiling is the present value of those future benefits. The past service cost is recognized in the statement of income at the earliest of the following dates: · when the plan amendment or curtailment occurs, or · when the Company recognizes related restructuring costs. The past service cost and net interest on net defined benefit liability or asset are recognized in the statement of income (loss).
Earnings (Losses) per share	Earnings (Losses) per share
Employee and management bonuses	Employee and management bonuses
Financial income and expenses	Financial income and expenses interest on loans and financing and monetary variation on contingencies and tax credits
Grants and government assistance	Grants and government assistance
Transactions and balances in foreign currency	Transactions and balances in foreign currency The exchange rates in Brazilian Reais effective at the statement of financial position dates were as follows: Exchange rate at the balance sheet date 12.31.18 12.31.17 Thailand Bath (THB) 0.1198 0.1015 Kwait Dinar (KWD) 12.7755 10.9791 United Arab Emirates Dirham (AED) 1.0550 0.9006 Singapore Dollar (SGD) 2.8464 2.4753 U.S. Dollar (US$ or USD) 3.8748 3.3080 Vietnamese Dong (VND) 0.0002 0.0002 Hong Kong dollar (HKD) 0.4948 0.4233 Euro (€ or EUR) 4.4390 3.9693 Forint Hungary (HUF) 0.0138 0.0128 Yen (JPY) 0.0353 0.0294 Romanian leu (RON) 0.9527 0.8511 Pound Sterling (£ or GBP) 4.9617 4.4714 Turkish Lira (TRY) 0.7331 0.8752 Argentinian Peso ($ or ARS) 0.1029 0.1755 Chilean Peso (CLP) 0.0056 0.0054 Uruguayan Peso (UYU) 0.1199 0.1149 South African Rand (ZAR) 0.2699 0.2690 Renminbi Yuan China (CNY) 0.5636 0.5087 Saudi Riyal (SAR) 1.0330 0.8821 Qatar Riyal (QAR) 1.0643 0.9088 Omani Riyal (OMR) 10.0696 8.6011 Ringgit Malaysia (MYR) 0.9382 0.8180 Ruble Russia (RUB) 0.0556 0.0574 Won South Korea (KRW) 0.0035 0.0031 Average rates 12.31.18 12.31.17 Thailand Bath (THB) 0.1130 0.0942 Kwait Dinar (KWD) 12.1043 10.5318 United Arab Emirates Dirham (AED) 0.9950 0.8692 Singapore Dollar (SGD) 2.7071 2.3130 U.S. Dollar (US$ or USD) 3.6545 3.1920 Vietnamese Dong (VND) 0.0002 0.0001 Hong Kong dollar (HKD) 0.4663 0.4096 Euro (€ or EUR) 4.3092 3.6071 Forint Hungary (HUF) 0.0135 0.0117 Yen (JPY) 0.0331 0.0285 Romanian leu (RON) 0.9265 0.7896 Pound Sterling (£ or GBP) 4.8701 4.1150 Turkish Lira (TRY) 0.7696 0.8759 Argentinian Peso ($ or ARS) 0.1369 0.1934 Chilean Peso (CLP) 0.0057 0.0049 Uruguayan Peso (UYU) 0.1190 0.1115 South African Rand (ZAR) 0.2764 0.2401 Renminbi Yuan China (CNY) 0.5521 0.4726 Saudi Riyal (SAR) 0.9744 0.8512 Qatar Riyal (QAR) 1.0039 0.8727 Omani Riyal (OMR) 9.4947 8.2978 Ringgit Malaysia (MYR) 0.9053 0.7435 Ruble Russia (RUB) 0.0582 0.0548 Won South Korea (KRW) 0.0033 0.0028
Accounting judgments, estimates and assumptions	Accounting judgments, estimates and assumptions Main judgments: - control, significant influence and consolidation (note 1.1); - share-based payment transactions (note 24); - definition of the moment when ownership is transferred in recognizing revenue. Main estimates: - fair value of financial instruments (note 4); - impairment of non-financial assets (note 5 and 18); - expected credit losses (note 8); - net realizable value provision for inventories (note 9); - fair value of biological assets (note 10); - loss on the reduction of recoverable value of taxes (note 11 and 13); - fair value of assets held for sale (note 12); - useful lives of property, plant and equipment and intangible (note 17 and 18); - pension and post-employment plans (note 25); and - provision for tax, civil and labor risks (note 26); The Company reviews the estimates and underlying assumptions used in its accounting estimates on a quarterly basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised.
IFRS 15 – Revenue from contracts with customers	IFRS 15 – Revenue from contracts with customers The Company´s revenue comprises the value of the consideration received or to be received for the sale of products, net of corresponding taxes, returns and applicable discounts. Revenues are recognized in an accrual basis when the sales value is reliably measurable, the Company no longer has control over the goods sold, or any involvement related to the ownership, and is probable that economic benefits will be received by the Company. The Company´s sales can be done either at sight payments or term payments, which are discounted to present value in order to recognize the financial component (note 3.8). The average days outstanding is 31 days.
IAS 29 - Hyperinflationary economies	IAS 29 - Hyperinflationary economies: As a result, the Company has adopted the IAS 29 - Financial Reporting in Hyperinflationary Economies. Non-monetary items and income statement balances were restated to reflect the terms of the measuring unit current at the end of the reporting exercise. The balances were calculated by applying the changes on the index from the initial recognition date to the reporting date. As the hyperinflation concepts are applicable only to the subsidiaries located in Argentina, and the Parent company is not on a country with hyperinflationary economy, the Company has made an accounting policy election to record the results of the hyperinflation in other comprehensive income (loss) as of January 01, 2018 and not restate prior periods. The impacts of the changes on net monetary position from the initial recognition date until December 31, 2017 were recorded against Equity, generating a positive impact of R$130.2, while the changes on the monetary position for the year ended December 31, 2018 were recorded against the result of discontinued operations. The translation of the balances of a hyperinflationary economy to the reporting currency were based on the closing rate of the reporting period for both statement of financial position and statement of income (loss) balances. The impact caused by the adoption of the abovementioned standard on the Company´s net result was a gain of R$370.0 recorded in discontinued operations. The Company used the General Consumer Price Index (“IPC”) for the calculation of hyperinflation effects on the balances from January 01, 2017 until current period. For the hyperinflation effects from prior periods until December 31, 2016 the Company used the National Wholesale Price Index (“IPIM”), as until December 2016 the IPC wasn´t published in a consistent basis to assure the reliability of the index. Both indexes were obtained from INDEC. The inflation rates used in 2017 and 2018 are described in the table below: Period Accumulated inflation rates 2016 34.60% 2017 24.80% 2018 48.01%
Comparability of the statement of income and cash flows	Comparability of the statement of income and cash flows For the purposes of comparability with the previous year, the Company reclassified the amount of R$500.1 during the year ended December 31, 2017 from other operating income (expenses), net, to (i) cost of sales in the amount of R$484.1 (ii) selling expenses in the amount of R$13.4 and (iii) administrative expenses in the amount of R$2.6 mainly impacted by the cancellation of shares granted. The amount related to discontinued operations in R$2.8, reclassified from other operation income (expenses) to costs of sales. In 2016, the Company reclassified the amount of R$190.5 from other operating income (expenses), net, to (i) cost of sales in the amount of R$168.7 (ii) selling expenses in the amount of R$17.1 and (iii) administrative expenses in the amount of R$4.7. For the cash flow, the Company reclassified the expenses with finance lease previously classified as operating activities to financing activities in the amount of R$149.9.

1. COMPANY'S OPERATIONS (Tables

1. COMPANY'S OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Companys Operations
Schedule of equity interest	Accounting method % equity interest Entity Main activity Country Participation 12.31.18 12.31.17 BRF Energia S.A. Commercialization of eletric energy Brazil Direct Consolidated 100.00% 100.00% BRF GmbH Holding Austria Direct Consolidated 100.00% 100.00% BRF Foods LLC Import and commercialization of products Russia Indirect Consolidated 99.90% 99.90% BRF France SARL (l) Marketing and logistics services France Indirect Consolidated 100.00% 100.00% BRF Global Company Nigeria Ltd. Marketing and logistics services Nigeria Indirect Consolidated 99.00% 99.00% BRF Global Company South Africa Proprietary Ltd. Import and commercialization of products South Africa Indirect Consolidated 100.00% 100.00% BRF Global Company Nigeria Ltd. Marketing and logistics services Nigeria Indirect Consolidated 1.00% 1.00% BRF Global GmbH (b) Holding and trading Austria Indirect Consolidated 100.00% 100.00% BRF Foods LLC Import and commercialization of products Russia Indirect Consolidated 0.10% 0.10% Qualy 5201 B.V. (b) (l) Import, commercialization of products and holding The Netherlands Indirect Consolidated 100.00% 100.00% Xamol Consultores Serviços Ltda. (l) Import and commercialization of products Portugal Indirect Consolidated 100.00% 100.00% BRF Japan KK Marketing and logistics services Japan Indirect Consolidated 100.00% 100.00% BRF Korea LLC Marketing and logistics services Korea Indirect Consolidated 100.00% 100.00% BRF Shanghai Management Consulting Co. Ltd. Advisory and related services China Indirect Consolidated 100.00% 100.00% BRF Shanghai Trading Co. Ltd. Commercialization and distribution of products China Indirect Consolidated 100.00% 100.00% BRF Singapore PTE Ltd. Marketing and logistics services Singapore Indirect Consolidated 100.00% 100.00% BRF Germany GmbH (l) Import and commercialization of products Germany Indirect Consolidated 100.00% 100.00% BRF GmbH Turkiye Irtibat (g) Import and commercialization of products Turkey Indirect Consolidated - 100.00% BRF Holland B.V. (l) Import and commercialization of products The Netherlands Indirect Consolidated 100.00% 100.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 2.66% 2.66% Eclipse Holding Cöoperatief U.A. (k) Holding The Netherlands Indirect Consolidated 0.01% 0.01% BRF B.V. (l) Industrialization, import and commercialization of products The Netherlands Indirect Consolidated 100.00% 100.00% ProudFood Lda Import and commercialization of products Angola Indirect Consolidated 10.00% 10.00% BRF Hungary LLC Import and commercialization of products Hungary Indirect Consolidated 100.00% 100.00% BRF Iberia Alimentos SL (l) Import and commercialization of products Spain Indirect Consolidated 100.00% 100.00% BRF Invicta Ltd. Import, commercialization and distribution of products England Indirect Consolidated 69.16% 69.16% Invicta Food Products Ltd. (l) Import and commercialization of products England Indirect Consolidated 100.00% 100.00% BRF Wrexham Ltd. (l) Industrialization, import and commercialization of products England Indirect Consolidated 100.00% 100.00% Invicta Food Group Ltd. (b) (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Invicta Foods Ltd. (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Invicta Foodservice Ltd. (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Universal Meats (UK) Ltd. (b) (l) Import, Industrialization, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% BRF Italia SPA (l) Import and commercialization of products Italy Indirect Consolidated 67.00% 67.00% Compañía Paraguaya Comercial S.A. Import and commercialization of products Paraguay Indirect Consolidated 99.00% 99.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 50.48% 50.48% Itega S.A. (k) Holding Argentina Indirect Consolidated 96.00% 96.00% Eclipse Holding Cöoperatief U.A. (k) Holding The Netherlands Indirect Consolidated 99.99% 99.99% Buenos Aires Fortune S.A. (k) Holding Argentina Indirect Consolidated 5.00% 5.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 8.44% 8.44% Eclipse Latam Holdings (k) Holding Spain Indirect Consolidated 100.00% 100.00% Buenos Aires Fortune S.A. (k) Holding Argentina Indirect Consolidated 95.00% 95.00% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 6.53% 6.53% Campo Austral S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 31.89% 31.89% Itega S.A. (k) Holding Argentina Indirect Consolidated 4.00% 4.00% Golden Foods Poultry Limited (l) Holding Thailand Indirect Consolidated 48.52% 48.52% Golden Poultry Siam Limited (l) Holding Thailand Indirect Consolidated 51.84% 51.84% Golden Poultry Siam Limited (l) Holding Thailand Indirect Consolidated 48.16% 48.16% BRF Thailand Limited (l) Import, Industrialization, commercialization and distribution of products Thailand Indirect Consolidated 100.00% 100.00% BRF Feed Thailand Limited (l) Import, Industrialization, commercialization and distribution of products Thailand Indirect Consolidated 100.00% 100.00% Golden Foods Sales (Europe) Limited (l) Holding and trading England Indirect Consolidated 100.00% 100.00% Golden Quality Foods Europe BV (l) Import, commercialization and distribution of products The Netherlands Indirect Consolidated 100.00% 100.00% Golden Quality Foods Netherlands BV (l) Import, commercialization and distribution of products The Netherlands Indirect Consolidated 100.00% 100.00% Golden Foods Siam Europe Limited (b) (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Golden Quality Poultry (UK) Ltd (l) Import, commercialization and distribution of products England Indirect Consolidated 100.00% 100.00% Perdigão Europe Lda. Import and export of products Portugal Indirect Consolidated 100.00% 100.00% Perdigão International Ltd. Import and export of products Cayman Island Indirect Consolidated 100.00% 100.00% BFF International Ltd. Financial fundraising Cayman Island Indirect Consolidated 100.00% 100.00% Highline International (a) Financial fundraising Cayman Island Indirect Consolidated 100.00% 100.00% Sadia Overseas Ltd. Financial fundraising Cayman Island Indirect Consolidated 98.00% 98.00% ProudFood Lda Import and commercialization of products Angola Indirect Consolidated 90.00% 90.00% Sadia Chile S.A. Import and commercialization of products Chile Indirect Consolidated 40.00% 40.00% Sadia Foods GmbH (c) Import and commercialization of products Germany Indirect Consolidated - 100.00% SATS BRF Food PTE Ltd. Import, industrialization, commercialization and distribution of products Singapore Joint venture Equity pick-up 49.00% 49.00% BRF Global Namíbia Import and commercialization of products Namibia Indirect Consolidated 100.00% 100.00% Wellax Food Logistics C.P.A.S.U. Lda. Import and commercialization of products Portugal Indirect Consolidated 100.00% 100.00% BRF Luxembourg Sarl Holding Luxemburgo Direct Consolidated 100.00% 100.00% BRF Austria GmbH Holding Austria Indirect Consolidated 100.00% 100.00% One Foods Holdings Ltd Holding United Arab Emirates Indirect Consolidated 100.00% 100.00% Al-Wafi Food Products Factory LLC Industrialization and commercialization of products United Arab Emirates Indirect Consolidated 49.00% 49.00% Badi Ltd. Holding United Arab Emirates Indirect Consolidated 100.00% 100.00% Al-Wafi Al-Takamol International for Foods Products Import and commercialization of products Saudi Arabia Indirect Consolidated 75.00% 75.00% BRF Al Yasra Food K.S.C.C. ("BRF AFC") Import, commercialization and distribution of products Kuwait Indirect Consolidated 49.00% 49.00% BRF Foods GmbH Industrialization, import and commercialization of products Austria Indirect Consolidated 100.00% 100.00% Al Khan Foodstuff LLC ("AKF") Import, commercialization and distribution of products Oman Indirect Consolidated 70.00% 70.00% FFM Further Processing Sdn. Bhd. Industrialization, import and commercialization of products Malaysia Indirect Consolidated 70.00% 70.00% FFQ GmbH (i) Industrialization, import and commercialization of products Austria Indirect Consolidated 100.00% - SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Indirect Consolidated - 99.99% BQ Foods GmbH Holding Austria Indirect Consolidated 60.00% 60.00% Banvit Bandirma Vitaminli Industrialization and commercialization of products Turkey Indirect Consolidated 91.71% 91.71% Banvit Enerji ve Elektrik Üretim Ltd. Sti. Commercialization of eletric energy Turkey Indirect Consolidated 100.00% 100.00% Banvit Foods SRL Industrialization of grains and animal feed Romania Indirect Consolidated 0.01% 0.01% Nutrinvestments BV Holding The Netherlands Indirect Consolidated 100.00% 100.00% Banvit ME FZE Marketing and logistics services United Arab Emirates Indirect Consolidated 100.00% 100.00% Banvit Foods SRL Industrialization of grains and animal feed Romania Indirect Consolidated 99.99% 99.99% One Foods Malaysia SDN. BHD. (d) Marketing and logistics services Malaysia Indireta Consolidated 100.00% 100.00% Federal Foods LLC Import, commercialization and distribution of products United Arab Emirates Indirect Consolidated 49.00% 49.00% Federal Foods Qatar Import, commercialization and distribution of products Qatar Indirect Consolidated 49.00% 49.00% SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Indirect Consolidated - 0.01% BRF Hong Kong LLC Import, commercialization and distribution of products Hong Kong Indirect Consolidated 100.00% 100.00% Establecimiento Levino Zaccardi y Cia. S.A. (a) (k) Industrialization and commercialization of dairy products Argentina Direct Consolidated 99.94% 99.94% BRF Pet S.A. Industrialization and commercialization and distribution of feed and nutrients for animals Brazil Direct Consolidated 100.00% 100.00% PP-BIO Administração de bem próprio S.A. (h) Management of assets Brazil Affiliate Equity pick-up 66.66% 33.33% PSA Laboratório Veterinário Ltda. Veterinary activities Brazil Direct Consolidated 99.99% 99.99% Sino dos Alpes Alimentos Ltda. (a) Industrialization and commercialization of products Brazil Indirect Consolidated 99.99% 99.99% PR-SAD Administração de bem próprio S.A. (e) Management of assets Brazil Affiliate Equity pick-up - 33.33% Quickfood S.A. (k) Industrialization and commercialization of products Argentina Direct Consolidated 91.21% 91.21% Sadia Alimentos S.A. (k) Holding Argentina Direct Consolidated 43.10% 43.10% Avex S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 33.98% 33.98% Sadia International Ltd. Import and commercialization of products Cayman Island Direct Consolidated 100.00% 100.00% Sadia Chile S.A. Import and commercialization of products Chile Indirect Consolidated 60.00% 60.00% Sadia Uruguay S.A. Import and commercialization of products Uruguay Indirect Consolidated 5.10% 5.10% Avex S.A. (k) Industrialization and commercialization of products Argentina Indirect Consolidated 66.02% 66.02% Compañía Paraguaya Comercial S.A. Import and commercialization of products Paraguay Indirect Consolidated 1.00% 1.00% Sadia Alimentos S.A. (k) Holding Argentina Indirect Consolidated 56.90% 56.90% Sadia Overseas Ltd. Financial fundraising Cayman Island Direct Consolidated 2.00% 2.00% Sadia Uruguay S.A. Import and commercialization of products Uruguay Direct Consolidated 94.90% 94.90% SHB Comércio e Indústria de Alimentos S.A. (f) (j) Industrialization and commercialization of products Brazil Direct Consolidated - - UP Alimentos Ltda. (m) Industrialization and commercialization of products Brazil Affiliate Equity pick-up 50.00% 50.00% Vip S.A. Empreendimentos e Participações Imobiliárias Commercialization of owned real state Brazil Direct Consolidated 100.00% 100.00% Establecimiento Levino Zaccardi y Cia. S.A. (a) (k) Industrialization and commercialization of dairy products Argentina Indirect Consolidated 0.06% 0.06% PSA Laboratório Veterinário Ltda. Veterinary activities Brazil Indirect Consolidated 0.01% 0.01% Sino dos Alpes Alimentos Ltda. (a) Industrialization and commercialization of products Brazil Indirect Consolidated 0.01% 0.01%

3. SUMMARY OF SIGNIFICANT ACC_3

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies Tables Abstract
Adoption of IFRS 9	Retained Earnings Impact of IFRS 9 adoption Increase in expected credit losses with trade accounts receivable 12.6 Increase in expected credit losses with notes receivable 6.5 Increase in expected credit losses with financial investments 1.4 Deferred taxes (6.0) Impact on 01.01.18 14.5
Schedule of exchange rates in Brazilian Reais	Exchange rate at the balance sheet date 12.31.18 12.31.17 Thailand Bath (THB) 0.1198 0.1015 Kwait Dinar (KWD) 12.7755 10.9791 United Arab Emirates Dirham (AED) 1.0550 0.9006 Singapore Dollar (SGD) 2.8464 2.4753 U.S. Dollar (US$ or USD) 3.8748 3.3080 Vietnamese Dong (VND) 0.0002 0.0002 Hong Kong dollar (HKD) 0.4948 0.4233 Euro (€ or EUR) 4.4390 3.9693 Forint Hungary (HUF) 0.0138 0.0128 Yen (JPY) 0.0353 0.0294 Romanian leu (RON) 0.9527 0.8511 Pound Sterling (£ or GBP) 4.9617 4.4714 Turkish Lira (TRY) 0.7331 0.8752 Argentinian Peso ($ or ARS) 0.1029 0.1755 Chilean Peso (CLP) 0.0056 0.0054 Uruguayan Peso (UYU) 0.1199 0.1149 South African Rand (ZAR) 0.2699 0.2690 Renminbi Yuan China (CNY) 0.5636 0.5087 Saudi Riyal (SAR) 1.0330 0.8821 Qatar Riyal (QAR) 1.0643 0.9088 Omani Riyal (OMR) 10.0696 8.6011 Ringgit Malaysia (MYR) 0.9382 0.8180 Ruble Russia (RUB) 0.0556 0.0574 Won South Korea (KRW) 0.0035 0.0031 Average rates 12.31.18 12.31.17 Thailand Bath (THB) 0.1130 0.0942 Kwait Dinar (KWD) 12.1043 10.5318 United Arab Emirates Dirham (AED) 0.9950 0.8692 Singapore Dollar (SGD) 2.7071 2.3130 U.S. Dollar (US$ or USD) 3.6545 3.1920 Vietnamese Dong (VND) 0.0002 0.0001 Hong Kong dollar (HKD) 0.4663 0.4096 Euro (€ or EUR) 4.3092 3.6071 Forint Hungary (HUF) 0.0135 0.0117 Yen (JPY) 0.0331 0.0285 Romanian leu (RON) 0.9265 0.7896 Pound Sterling (£ or GBP) 4.8701 4.1150 Turkish Lira (TRY) 0.7696 0.8759 Argentinian Peso ($ or ARS) 0.1369 0.1934 Chilean Peso (CLP) 0.0057 0.0049 Uruguayan Peso (UYU) 0.1190 0.1115 South African Rand (ZAR) 0.2764 0.2401 Renminbi Yuan China (CNY) 0.5521 0.4726 Saudi Riyal (SAR) 0.9744 0.8512 Qatar Riyal (QAR) 1.0039 0.8727 Omani Riyal (OMR) 9.4947 8.2978 Ringgit Malaysia (MYR) 0.9053 0.7435 Ruble Russia (RUB) 0.0582 0.0548 Won South Korea (KRW) 0.0033 0.0028
Schedule of inflation rates	Period Accumulated inflation rates 2016 34.60% 2017 24.80% 2018 48.01%

4. FINANCIAL INSTRUMENTS AND _2

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Financial Instruments And Risk Management Tables Abstract
Schedule of debt levels and net debt	12.31.18 12.31.17 Current Non-current Total Total Foreign currency debt (1,470.3) (10,068.0) (11,538.3) (11,101.3) Local currency debt (3,077.1) (7,550.0) (10,627.1) (9,343.0) Derivative financial instruments liabilities (235.0) - (235.0) (299.5) Gross debt (4,782.4) (17,618.0) (22,400.4) (20,743.8) Marketable securities and cash and cash equivalents 5,376.6 290.6 5,667.2 6,808.1 Derivative financial instruments assets 182.3 - 182.3 90.5 Restricted cash 277.3 584.3 861.6 535.6 Net debt 1,053.8 (16,743.1) (15,689.3) (13,309.6)
Schedule of commitments and contractual obligations	Book Cash flow contracted 2019 2020 2021 2022 2023 2024 onwards Non derivative financial liabilities Loans and financing 12,419.0 14,324.4 4,791.9 3,644.7 3,617.6 613.4 1,656.8 - BRF bonds 7,487.8 8,965.1 302.6 302.6 302.6 2,968.4 2,113.7 2,975.2 BFF bonds 343.0 369.9 24.2 345.7 - - - - BRF GMBH bonds 1,915.7 2,611.6 84.3 84.3 84.3 84.3 84.3 2,190.1 Trade accounts payable 5,516.9 5,564.9 5,564.9 - - - - - Supply chain finance 885.8 885.8 885.8 - - - - - Financial lease 215.4 305.5 82.5 56.2 29.6 23.6 19.6 94.0 Operational lease - 2,126.4 421.7 103.7 108.4 49.4 157.3 1,285.9 Derivative financial liabilities Financial instruments designated as cash flow hedge Swap (Interest rate and exchange rate) - - - - - - - - Currency derivatives (NDF) 21.0 17.1 17.1 - - - - - Commodities derivatives - Corn (NDF) 3.5 3.5 3.5 - - - - - Commodities derivatives - Soybean meal (NDF) 2.7 2.7 2.7 - - - - - Commodities derivatives - Soybean oil (NDF) 4.3 4.3 4.3 - - - - - Commodities derivatives - Soybean (NDF) 3.3 3.3 3.3 - - - - - Currency derivatives (options) 75.8 75.8 75.8 - - - - - Commodities derivatives (Future) 0.1 0.1 0.1 - - - - - Financial instruments not designated as cash flow hedge Currency derivatives (NDF) 12.3 36.1 36.1 - - - - - Currency derivatives (Future) 9.4 9.4 9.4 - - - - - Swap (index / currency / stocks) 99.2 98.9 98.9 - - - - - Commodities derivatives (Future) 3.4 3.4 3.4 - - - - -
Schedule of derivative financial instruments	12.31.18 Cash flow hedges - Derivative instruments Maturity Hedged Object Asset Liability Notional Fair value (R$) Interest rate swap 02.01.19 Debt LIBOR 6M + 2.70% p.a. 5.90% p.a. 25.0 US$ - Interest rate swap 02.01.19 Debt LIBOR 6M + 2.70% p.a. 5.88% p.a. 25.0 US$ - 12.31.18 Derivative instruments not designated Maturity Hedged Object Asset Liability Notional Fair value (R$) Interest rate swap 04.02.19 Debt R$ (Fixed 9.61% p.a.) 95.00% CDI 250.0 BRL 13.3 Interest rate swap 04.02.19 Debt R$ (Fixed 9.61% p.a.) 93.54% CDI 249.0 BRL 13.8 27.1
Schedule of assets and liabilities denominated in foreign currency	12.31.18 12.31.17 Cash and cash equivalents 127.3 278.1 Trade accounts receivable 65.8 862.2 Trade accounts payable (861.3) 31.4 Loans and financing (7,348.0) (6,136.4) Hedge 5,209.2 3,049.7 Investments, net 2,571.9 1,985.7 Other assets and liabilities, net 0.3 (15.3) Exposure in result (234.8) 55.4
Schedule of net P&L exposure	12.31.18 12.31.17 Net P&L Exposure in millions Equivalent in millions of R$ in millions Equivalent in millions of R$ Argentinian Peso 1,812.8 186.5 1,066.3 187.1 Euros (87.7) (389.4) (41.0) (162.8) Pound Sterling (14.4) (71.3) 2.9 13.1 Yen 114.6 4.0 1,309.7 38.5 Rubles 1,649.3 91.7 1,334.3 76.6 Turkish Liras (475.6) (348.6) (391.2) (342.4) U.S. Dollars 75.4 292.3 74.2 245.3 Total (234.8) 55.4
Schedule of derivative financial instruments to hedge foreign currency	12.31.18 Derivative instruments not designated Asset Liability Maturity Notional Average Rate Fair value (R$) Non-deliverable forward USD BRL 1st Qtr. 2019 127.0 US$ 3.9152 (2.5) Non-deliverable forward EUR BRL 1st Qtr. 2019 396.0 EUR 4.5145 (9.1) Non-deliverable forward GBP BRL 1st Qtr. 2019 49.0 GBP 4.9844 (0.7) Futures - B3 USD BRL 02.2019 594.8 US$ 3.8786 (9.4) Currency swap US$ + 2.61% p.a. 89.00% CDI 04.2019 50.4 US$ - 4.4 Currency swap US$ + 4.67% p.a. 109.00% CDI 11.2019 55.0 US$ - 4.9 Non-deliverable forward EUR US$ 1st Qtr. 2019 100.0 EUR 1.1468 2.4 Collar TRY US$ 1st Qtr. 2019 50.0 US$ 5.6215 (0.8) Total (10.8)
Schedule of derivative and non-derivative financial instruments as cash flow hedges	12.31.18 Cash flow hedges - Derivative instruments Hedged object Asset Liability Maturity Notional Average Rate Fair value (R$) Non-deliverable forward USD Exports BRL US$ 1st Qtr. 2019 70.0 US$ 3.8642 (1.5) Non-deliverable forward USD Exports BRL US$ 2nd Qtr. 2019 20.0 US$ 3.8868 (0.3) Non-deliverable forward USD Exports BRL US$ 3rd Qtr. 2019 30.0 US$ 3.9845 1.2 Non-deliverable forward USD Cost BRL US$ 1st Qtr. 2019 54.8 US$ 3.8014 (4.5) Non-deliverable forward USD Cost BRL US$ 2nd Qtr. 2019 40.8 US$ 3.9258 0.3 Non-deliverable forward USD Cost BRL US$ 3rd Qtr. 2019 11.7 US$ 4.1418 2.3 Non-deliverable forward USD Cost BRL US$ 4th Qtr. 2019 2.5 US$ 3.9441 (0.1) Non-deliverable forward EUR Exports BRL EUR 1st Qtr. 2019 10.0 EUR 4.4645 0.2 Non-deliverable forward JPY Exports BRL JPY 1st Qtr. 2019 6,365.6 JPY 0.0351 (1.8) Collar USD Exports BRL US$ 1st Qtr. 2019 385.0 US$ 3.9664 22.8 Collar USD Exports BRL US$ 2nd Qtr. 2019 180.0 US$ 3.9560 3.9 Collar USD Exports BRL US$ 3rd Qtr. 2019 80.0 US$ 4.0912 7.6 Collar USD Exports BRL US$ 4th Qtr. 2019 35.0 US$ 3.9471 (1.5) Collar USD Exports BRL US$ 1st Qtr. 2019 25.0 US$ 3.5172 (7.2) Total 21.4 12.31.18 Cash flow hedges - Non-derivative instruments Coverage Asset Liability Maturity Notional Average Rate Fair value (R$) (1) Export prepayment - PPE USD Exports - US$ 01.2019 to 02.2019 33.3 US$ 1.8758 (129.1) Bond BRF SA BRFSBZ5 USD Exports - US$ 06.2022 118.7 US$ 2.0213 (561.4) Bond BRF SA BRFSBZ3 USD Exports - US$ 05.2023 150.0 US$ 2.0387 (581.2) Total (1,271.7)
Schedule of financial instruments for the commodities price exposure	12.31.18 Cash flow hedges - Derivative instruments Hedged object Index Maturity Quantity Average rate (US$/Ton) Fair value (R$) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 1st Qtr. 2019 6.0 ton 144.56 (1.5) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 2nd Qtr. 2019 14.0 ton 128.80 (0.7) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 3rd Qtr. 2019 21.0 ton 127.54 (0.4) Non-deliverable forward - buy Soybean meal purchase - floating price Soybean meal - CBOT 4th Qtr. 2019 10.0 ton 127.21 (0.1) Non-deliverable forward - buy Soybean purchase - fixed price Soybean - CBOT 1st Qtr. 2019 17.0 ton 356.46 (1.8) Non-deliverable forward - buy Soybean purchase - fixed price Soybean - CBOT 2nd Qtr. 2019 29.0 ton 342.35 (0.9) Non-deliverable forward - buy Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 15.0 ton 143.04 0.3 Non-deliverable forward - buy Corn purchase - floating price Corn - CBOT 2nd Qtr. 2019 46.0 ton 148.56 0.4 Corn futures - buy Corn purchase - floating price Corn - B3 1st Qtr. 2019 10.8 ton 599.58 - Corn futures - buy Corn purchase - floating price Corn - B3 2nd Qtr. 2019 23.5 ton 611.43 (0.1) Non-deliverable forward - buy Soybean oil purchase - floating price Soybean oil - CBOT 1st Qtr. 2019 10.0 ton 726.42 (4.3) Total (9.1) 12.31.18 Fair value hedges - Derivative instruments Hedged object Index Maturity Quantity Average rate (US$/Ton) Fair value (R$) Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 364.7 ton 157.56 14.0 Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 2nd Qtr. 2019 263.7 ton 157.28 4.4 Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 3rd Qtr. 2019 84.3 ton 153.06 (0.6) Non-deliverable forward - sell Corn purchase - floating price Corn - CBOT 1st Qtr. 2019 22.2 ton 157.40 0.1 Total 17.9
Schedule of total return swap	12.31.18 Derivative instruments not designated Maturity Asset Liability Notional Fair value (R$) Total Return Swap 02.2019 BRFS3 110.00% CDI 170.0 R$ (99.2) (99.2)
Schedule of gains and losses with hedge accounting instruments	12.31.18 Cash flow hedge Fair value hedge Interest Foreign exchange Commodities Commodities Derivatives Derivatives Non-derivatives Derivatives Derivatives Total Fair value at the beginning of the exercise (13.3) (161.0) (1,679.5) (8.7) 1.7 (1,860.8) Settlement 5.3 576.3 647.9 28.4 11.0 1,268.9 Inventories - - - (7.5) 4.0 (3.5) Other comprehensive income 8.5 186.0 81.8 (11.5) - 264.8 Operating result - income - (379.8) (43.9) - - (423.7) Operating result - cost - (86.1) (41.9) (9.8) 1.2 (136.6) Financial result (0.6) (113.9) (236.2) - - (350.7) Fair value at the end of the exercise (0.1) 21.5 (1,271.8) (9.1) 17.9 (1,241.6)
Schedule of quantitative and qualitative information	3.8748 3.4873 2.9061 4.8435 5.8122 Parity - Brazilian Reais x U.S. Dollar Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ 4.1 93.2 226.8 (218.5) (441.2) Options - currencies Devaluation of R$ 32.7 278.0 680.9 (559.4) (1,242.3) Export prepayments Devaluation of R$ (66.6) (53.7) (34.3) (98.9) (131.2) Bonds Devaluation of R$ (495.4) (391.3) (235.1) (755.6) (1,015.9) Exports (object) Appreciation of R$ 526.5 117.7 (530.5) 1,527.4 2,619.1 Cost (object) Appreciation of R$ (1.4) (43.9) (107.8) 105.1 211.5 Not designated as hedge accouting NDF - Purchase Appreciation of R$ (5.1) (54.3) (128.2) 117.9 240.9 Future purchase - B3 Appreciation of R$ (2.3) (232.7) (578.4) 573.9 1,150.0 Net effect (7.5) (287.0) (706.6) 691.9 1,390.9 4.4390 3.9951 3.3293 5.5488 6.6585 Parity - Brazilian Reais x Euro Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ 0.3 4.7 11.4 (10.8) (21.9) Exports (object) Appreciation of R$ (0.3) (4.7) (11.4) 10.8 21.9 Not designated as hedge accouting NDF - Purchase EUR x US$ Devaluation of R$ (0.5) (44.9) (111.5) 110.5 221.5 NDF - Purchase Devaluation of R$ (29.9) (205.7) (469.4) 409.6 849.0 Net effect (30.4) (250.6) (580.9) 520.1 1,070.5 4.9617 4.4655 3.7213 6.2021 7.4426 Parity - Brazilian Reais x GBP Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accouting Non-deliverable forward Devaluation of R$ (1.1) (25.4) (61.9) 59.7 120.4 Net effect (1.1) (25.4) (61.9) 59.7 120.4 Parity - Brazilian Reais x JPY Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario 10% appreciation 25% appreciation 25% devaluation 50% devaluation Designated as hedge accounting Non-deliverable forward Devaluation of R$ (1.1) 21.4 55.0 (57.2) (113.4) Exports (object) Appreciation of R$ 1.1 (21.4) (55.0) 57.2 113.4 Net effect - - - - - 150.60 135.54 112.95 188.25 225.90 Price parity CBOT - Corn - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting Non-deliverable forward - Corn sale Increase in the price of corn 18.1 60.9 125.3 (89.1) (196.4) Non-deliverable forward - Corn purchase Decrease in the price of corn 0.8 (2.7) (8.1) 9.7 18.6 Cost (object) Decrease in the price of corn (18.9) (58.2) (117.2) 79.4 177.8 Net effect - - - - - 124.99 112.49 93.74 156.24 187.49 Price parity CBOT - Soybean meal - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting Non-deliverable forward - Soybeal meal purchase Decrease in the price of soybean meal (1.0) (3.4) (7.1) 5.2 11.4 Cost (object) Increase in the price of soybean meal 1.0 3.4 7.1 (5.2) (11.4) Net effect - - - - - 332.31 299.08 249.23 415.39 498.46 Price parity CBOT - Soybean - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting NDF - Soybean purchase Decrease in the price of soybean (2.7) (8.6) (17.5) 12.1 26.9 Cost (object) Increase in the price of soybean 2.7 8.6 17.5 (12.1) (26.9) Net effect - - - - - 613.99 552.59 460.49 767.48 920.98 Price parity CBOT - soybean oil - US$/Ton Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Designated as hedge accounting NDF - Soybean oil purchase Decrease in the price of soybean oil (4.4) (6.7) (10.3) 1.6 7.5 Cost (object) Increase in the price of soybean oil 4.4 6.7 10.3 (1.6) (7.5) Net effect - - - - - 21.93 19.74 16.45 27.41 32.90 Price parity - Shares BRFS3 - R$ Current Scenario I Scenario II Scenario III Scenario IV Transaction/Instrument Risk Scenario Decrease 10% Decrease 25% Increase 25% Increase 50% Not designated as hedge accounting Stock swap Decrease in the share price (99.2) (108.0) (121.3) (77.0) (54.8) Net effect (99.2) (108.0) (121.3) (77.0) (54.8)
Schedule of financial instruments by category	12.31.18 Amortized cost Fair value through other comprehensive income Fair value through profit and loss Total Equity instruments Debt instruments Assets Cash and bank 722.9 - - - 722.9 Cash equivalents - - - 4,146.7 4,146.7 Marketable securities 331.4 139.5 16.4 310.4 797.7 Restricted cash 861.6 - - - 861.6 Trade accounts receivable 2,409.7 - - 203.2 2,612.9 Other credits 204.1 - - - 204.1 Derivatives not designated - - - 41.4 41.4 Derivatives designated as hedge accounting (1) - - - 140.9 140.9 Liabilities Trade accounts payable (5,732.3) - - - (5,732.3) Supply chain finance (885.8) - - - (885.8) Loans and financing (22,165.4) - - - (22,165.4) Finance lease payable (215.4) - - - (215.4) Derivatives not designated - - - (124.2) (124.2) Derivatives designated as hedge accounting (1) - - - (110.8) (110.8) (24,469.2) 139.5 16.4 4,607.6 (19,705.7) (1) Todos os derivativos estão classificados como valor justo pelo resultado, no entanto aqueles designados como hedge accounting têm seus efeitos também no Patrimônio Líquido ou em Estoques 12.31.17 Amortized cost Fair value through other comprehensive income Fair value through profit and loss Total Equity instruments Debt instruments Assets Cash and bank 1,670.1 - - - 1,670.1 Cash equivalents - - - 4,340.7 4,340.7 Marketable securities 257.0 328.8 15.4 196.0 797.2 Restricted cash 535.6 - - - 535.6 Trade accounts receivable 3,925.3 - - - 3,925.3 Other credits 229.5 - - - 229.5 Other receivables 28.9 - - - 28.9 Derivatives not designated - - - 63.1 63.1 Derivatives designated as hedge accounting (1) - - - 27.5 27.5 Liabilities Trade accounts payable (6,642.2) - - - (6,642.2) Supply chain finance (715.2) - - - (715.2) Loans and financing (20,444.4) - - - (20,444.4) Finance lease payable (232.6) - - - (232.6) Derivatives not designated - - - (90.7) (90.7) Derivatives designated as hedge accounting (1) - - - (208.8) (208.8) (21,388.0) 328.8 15.4 4,327.8 (16,716.0) (1) Todos os derivativos estão classificados como valor justo pelo resultado, no entanto aqueles designados como hedge accounting têm seus efeitos também no Patrimônio Líquido ou em Estoques
Schedule of classification of financial assets and liabilities according to the valuation hierarchy	12.31.18 12.31.17 Level 1 Level 2 Total Level 1 Level 2 Total Financial Assets Fair value through other comprehensive income Credit linked notes 16.4 - 16.4 15.5 - 15.5 Stocks 139.5 - 139.5 328.8 - 328.8 Fair value through profit and loss Savings account and overnight 401.1 - 401.1 649.6 - 649.6 Term deposits 21.2 - 21.2 158.0 - 158.0 Bank deposit certificates - 3,720.7 3,720.7 - 3,527.8 3,527.8 Financial treasury bills 295.7 - 295.7 166.3 - 166.3 Investment funds 3.7 - 3.7 35.0 - 35.0 Derivatives - 182.3 182.3 - 90.5 90.5 Financial Liabilities Fair value through profit and loss Derivatives - (235.0) (235.0) - (299.5) (299.5) 877.6 3,668.0 4,545.6 1,353.2 3,318.8 4,672.0
Schedule of comparison between book value and fair value of financial instruments	12.31.18 12.31.17 Maturity Book Fair Book Fair BRF bonds BRF SA BRFSBZ5 2022 (451.5) (456.2) (369.6) (406.7) BRF SA BRFSBZ4 2024 (2,898.9) (2,695.9) - - BRF SA BRFSBZ3 2023 (1,888.8) (1,754.6) (1,608.3) (1,578.7) BRF SA BRFSBZ7 2018 - - (503.8) (502.4) BRF SA BRFSBZ2 2022 (2,248.5) (2,190.0) (1,997.5) (1,974.5) BFF bonds Sadia Overseas BRFSBZ7 2020 (343.0) (349.2) (292.2) (299.9) Bonds BRF - SHB BRF SA BRFSBZ4 2024 - - (2,465.4) (2,427.8) Bonds BRF Gmbh BRF SA BRFSBZ4 2026 (1,915.7) (1,702.2) (1,628.9) (1,553.1) Quickfood bonds Quickfood 2022 - - (168.0) (168.0) Consolidated (9,746.4) (9,148.1) (9,033.7) (8,911.1)

5. SEGMENT INFORMATION (Tables)

5. SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Information Tables Abstract
Schedule of net sales for each operating segment	Net sales 12.31.18 Restated Restated Brazil In-natura 3,996.8 3,489.9 3,109.0 Poultry 3,197.1 2,697.5 2,410.3 Pork and other 799.7 792.4 698.7 Processed 12,271.3 11,681.6 11,600.8 Other sales 16.7 17.1 98.2 16,284.8 15,188.6 14,808.0 Halal In-natura 6,685.1 5,588.8 5,584.3 Poultry 6,632.9 5,554.4 5,542.1 Other 52.2 34.4 42.2 Processed 1,295.6 909.7 642.3 Other sales 312.6 195.5 - 8,293.3 6,694.0 6,226.6 International In-natura 4,213.5 4,736.9 5,125.2 Poultry 3,382.4 3,401.4 4,106.5 Pork and other 831.1 1,335.5 1,018.7 Processed 553.4 654.0 863.7 Other sales 0.3 222.6 11.2 4,767.2 5,613.5 6,000.1 Other segments Ingredients 436.2 269.2 - Other sales 406.9 548.8 849.2 843.1 818.0 849.2 30,188.4 28,314.1 27,883.9
Schedule of operating income for each operating segment	12.31.18 Restated Restated Brazil 589.5 960.7 1,012.1 Halal 323.9 7.5 348.6 International (287.5) 46.1 690.5 Other segments 77.6 71.9 20.7 Ingredients 115.0 52.1 - Other sales (37.4) 19.8 20.7 Sub total 703.5 1,086.2 2,071.9 Corporate (909.8) (423.0) (109.0) (206.3) 663.2 1,962.9
Schedule of goodwill and intangible assets arising from business combination	Goodwill Trademarks Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Brazil 1,151.5 1,151.5 982.5 982.5 2,134.0 2,134.0 Halal 1,465.2 1,388.1 353.7 389.2 1,818.9 1,777.3 International 78.3 1,345.4 - 24.5 78.3 1,369.9 Southern Cone - 307.2 - 253.7 - 560.9 2,695.0 4,192.2 1,336.2 1,649.9 4,031.2 5,842.1

6. CASH AND CASH EQUIVALENTS (T

6. CASH AND CASH EQUIVALENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Cash And Cash Equivalents
Schedule of cash and cash equivalents	Average rate (p.a.) 12.31.18 12.31.17 Cash and bank accounts U.S. Dollar - 118.9 525.1 Brazilian Reais - 97.4 135.0 Euro - 52.8 181.8 Other currencies - 453.7 828.3 722.8 1,670.2 Cash equivalents In Brazilian Reais Investment funds 1.80% 3.7 5.3 Savings account 2.56% - 4.0 Bank deposit certificates 5.75% 3,720.8 3,527.8 3,724.5 3,537.1 In U.S. Dollar Term deposit - - 66.2 Overnight 0.54% 401.1 645.6 Other currencies Term deposit 2.68% 21.2 91.7 422.3 803.5 4,869.6 6,010.8

7. MARKETABLE SECURITIES (Table

7. MARKETABLE SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2018
Marketable Securities Tables Abstract
Schedule of marketable securities	Average interest rate (p.a.) WATM (1) Currency 12.31.18 12.31.17 Fair value through other comprehensive income Credit linked note (a) 1.08 US$ 3.85% 16.4 15.4 Stocks (b) - R$ and HKD - 139.4 328.8 155.8 344.2 Fair value through profit and loss Financial treasury bills (c) 5.31 R$ 6.40% 295.7 166.3 Fundo de Investimentos - FIDC (d) 4.96 R$ - 14.7 - Investment funds - ARS - - 29.7 310.4 196.0 Amortized cost Sovereign bonds and others (c) 3.36 AOA and R$ 3.82% to 6.40% 331.4 257.0 797.6 797.2 Current 507.0 228.4 Non-current (2) 290.6 568.8 Quantity of shares Share value Total Entities Ticker 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Minerva BEEF3 15,204,100 26,000,000 4.99 10.65 75.9 276.9 Cofco Meat 1610 77,583,000 77,583,000 HKD1,45 / R$0,72 HKD1,58 / R$0,67 HKD112,5 / R$55,6 HKD122,6 / R$51,9 Eletrobras ELET6 275,039 0 28.17 - 7.7 - Engie Brasil EGIE3 5,055 0 33.02 - 0.2 -

8. TRADE ACCOUNTS RECEIVABLE,_2

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2018
Trade Accounts Receivable Net And Other Receivables Tables Abstract
Schedule of trade accounts receivable, net and notes receivable	12.31.18 12.31.17 Trade accounts receivable, net Domestic customers 1,098.7 1,622.8 Domestic related parties - 2.6 Foreign customers 1,974.0 2,754.0 Foreign related parties 59.3 27.2 3,132.0 4,406.6 ( - ) Adjustment to present value (10.3) (13.7) ( - ) Expected credit losses (508.8) (467.6) 2,612.9 3,925.3 Current 2,604.9 3,919.0 Non-current 8.0 6.3 Notes receivable 235.4 260.6 ( - ) Adjustment to present value (0.3) (0.3) ( - ) Expected credit losses (31.0) (30.8) 204.1 229.5 Current 115.1 113.1 Non-current (1) 89.0 116.4
Schedule of Agribusiness Receivable Certificate	12.31.18 Operation Date Maturity Average rate Principal value Updated Value CRA 2019 - 2sd Issue 04.19.2016 04.19.2019 96,5% CDI 1,000.0 1,026.9 CRA 2020 - 3th Issue 12.16.2016 12.16.2020 96,0% CDI 780.0 781.7 CRA 2023 - 3th Issue 12.16.2016 12.18.2023 IPCA + 5,90% 720.0 788.9 2,500.0 2,597.5
Schedule of allowance for doubtful accounts	12.31.18 12.31.17 Beginning balance (467.6) (406.5) Inicial adoption IFRS 9 (12.6) - Transfer - held for sale (1) 9.0 - Business combination - (11.6) Provision (46.3) (75.3) Write-offs 49.5 30.8 Exchange rate variation (40.8) (5.0) Ending balance (508.8) (467.6)
Schedule of aging of trade accounts receivable	12.31.18 12.31.17 Current 2,451.6 3,272.1 Overdue 01 to 60 days 133.0 364.3 61 to 90 days 25.4 98.9 91 to 120 days 10.6 33.7 121 to 180 days 27.0 74.6 181 to 360 days 36.8 170.8 More than 360 days 447.6 392.2 ( - ) Adjustment to present value (10.3) (13.7) ( - ) Expected credit losses (508.8) (467.6) 2,612.9 3,925.3

9. INVENTORIES (Tables)

9. INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2018
Inventories Tables Abstract
Schedule of inventories	12.31.18 12.31.17 Finished goods 2,200.8 2,986.5 Work in process 140.5 155.0 Raw materials 847.5 1,086.3 Packaging materials 73.8 87.0 Secondary materials 338.0 321.1 Warehouse 196.2 239.8 Imports in transit 103.9 103.9 Other 9.9 11.4 (-) Adjustment to present value (33.3) (42.8) 3,877.3 4,948.2
Schedule of changes in the provision for obsolescence	Provision for adjustment to realizable value Provision for deterioration Provision for obsolescence Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance (253.7) (93.5) (66.4) (26.2) (6.9) (7.7) (327.0) (127.4) Additions (317.1) (240.7) (153.2) (62.4) (25.2) (2.4) (495.5) (305.5) Reversals 143.4 80.8 - - - - 143.4 80.8 Write-offs 342.8 - 152.8 22.3 19.9 2.2 515.5 24.5 Restatement by Hyperinflation (4.9) - (0.5) - - - (5.4) - Transfer - held for sale (1) 23.9 - 7.2 - 0.3 - 31.4 - Business combination - - - - - 0.8 - 0.8 Exchange rate variation 0.1 (0.3) (0.5) (0.1) (0.1) 0.2 (0.5) (0.2) Ending balance (65.5) (253.7) (60.6) (66.4) (12.0) (6.9) (138.1) (327.0)

10. BIOLOGICAL ASSETS (Tables)

10. BIOLOGICAL ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
Biological Assets Tables Abstract
Schedule of biological assets	12.31.18 12.31.17 Live animals 1,513.1 1,510.5 Total current 1,513.1 1,510.5 Live animals 698.4 639.8 Forests 362.9 263.9 Total non-current 1,061.3 903.7 2,574.4 2,414.2
Schedule of reconciliation of biological assets	Current Non-current Live animals Total Live animals Forests Total Poultry Pork Poultry Pork 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 699.9 770.8 810.6 874.3 1,510.5 1,645.1 325.9 349.1 313.9 298.3 263.9 270.0 903.7 917.4 Additions/Transfer 415.4 547.9 1,820.0 1,692.0 2,235.4 2,239.9 246.3 84.3 233.6 203.8 31.9 35.3 511.8 323.4 Business combination - 103.0 - - - 103.0 - - - - - - - - Changes in fair value (1) 967.0 1,290.4 228.1 88.7 1,195.1 1,379.1 (95.9) (31.0) (144.7) (113.4) 106.9 7.4 (133.7) (137.0) Harvest - - - - - - - - - - (36.6) (41.2) (36.6) (41.2) Write-off - - - - - - (6.2) (8.4) - (0.2) (8.1) (3.7) (14.3) (12.3) Transfer between current and non-current 65.1 69.9 71.4 78.7 136.5 148.6 (65.1) (69.9) (71.5) (72.5) - - (136.6) (142.4) Transfer to inventories (1,539.5) (2,076.2) (1,980.5) (1,921.2) (3,520.0) (3,997.4) - - - - - - - - Exchange variation (18.7) (5.9) (6.5) (1.9) (25.2) (7.8) (3.5) 1.8 (5.8) (2.1) - - (9.3) (0.3) Restatement by Hyperinflation - - - - - - 0.1 - 3.1 - - - 3.2 - Transfer to assets held for sale (2) (6.4) - (12.8) - (19.2) - (20.1) - (11.6) - 4.9 (3.9) (26.8) (3.9) Ending balance 582.8 699.9 930.3 810.6 1,513.1 1,510.5 381.4 325.9 317.0 313.9 362.9 263.9 1,061.3 903.7
Schedule of live animals information	12.31.18 12.31.17 Quantity Value Quantity Value Consumable biological assets Immature poultry 188,248 582.8 199,337 699.9 Immature pork 4,011 930.3 3,987 810.6 Total current 192,259 1,513.1 203,324 1,510.5 Production biological assets Immature poultry 6,538 134.4 6,693 117.2 Mature poultry 11,958 246.8 11,113 208.6 Immature pork 203 74.1 229 67.8 Mature pork 439 243.1 445 246.2 Total non-current 19,138 698.4 18,480 639.8 211,397 2,211.5 221,804 2,150.3
Schedule of sensitivity analysis	Impact on fair value measurement The estimated fair value can be change if: Asset Valuation methodology Non observable significant inputs Increase Decrease Forests Income approach Estimated price of standing wood Increase in the wood price Decrease in the wood price Productivity estimated per hectare Increase in yield per hectare Decrease in yield per hectare Harvest and transport cost Decrease of harvest cost Increase of harvest cost Discount rate Descrease in discount rate Increase in discount rate

11. RECOVERABLE AND INCOME AN_2

11. RECOVERABLE AND INCOME AND SOCIAL CONTRIBUTION TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Recoverable Taxes Tables Abstract
Schedule of recoverable taxes	Recoverable taxes 12.31.18 12.31.17 ICMS ("State VAT") 1,632.1 1,681.9 PIS and COFINS ("Federal Taxes to Social Fund Programs") 946.4 430.2 IPI ("Federal VAT") 836.7 791.2 INSS ("Brazilian Social Security") 307.9 280.4 Other 155.8 123.9 (-) Provision for losses (176.0) (160.5) 3,702.9 3,147.1 Current 560.4 728.9 Non-current 3,142.5 2,418.2 Income and social contribution tax Income and social contribution tax (IR/CS) 522.8 528.3 (-) Provision for losses (9.0) (9.0) 513.8 519.3 Current 506.5 499.3 Non-current 7.3 20.0
Schedule of rollforward of provision for losses	ICMS ("State VAT") PIS and COFINS ("Federal Taxes to Social Fund Programs") Income and social contribution tax IPI ("Federal VAT") Other Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance (122.9) (114.3) (19.7) (19.9) (9.0) (9.0) (13.6) (14.7) (4.3) (6.7) (169.5) (164.6) Additions (80.0) (37.7) - - - - - - (3.7) (2.3) (83.7) (40.0) Write-offs 61.9 29.1 2.3 0.2 - - - 1.2 0.5 4.0 64.7 34.5 Exchange rate variation - - - - - - - - 1.5 0.6 1.5 0.6 Transfer - held for sale (1) - - - - - - - - 2.0 - 2.0 - Ending balance (141.0) (122.9) (17.4) (19.7) (9.0) (9.0) (13.6) (13.5) (4.0) (4.4) (185.0) (169.5)

12. ASSETS AND LIABILITIES HE_2

12. ASSETS AND LIABILITIES HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2018
Recoverable And Income And Social Contribution Taxes Tables Abstract
Schedule of discontinued operations	BRF S.A. BALANCE SHEETS Consolidated 12.31.18 12.31.17 Operations from Argentina Operation from Europe and Thailand Others Total Others ASSETS CURRENT ASSETS Cash and cash equivalents 31.7 134.8 - 166.5 - Marketable securities 68.7 - - 68.7 - Trade accounts receivable, net 244.7 333.2 - 577.9 - Inventories 254.1 645.2 - 899.3 - Biological assets 19.2 - - 19.2 - Recoverable taxes 59.7 48.7 - 108.4 - Assets held for sale - 0.4 - 0.4 - Other current assets 18.1 6.3 - 24.4 - Total current assets 696.2 1,168.6 - 1,864.8 - NON-CURRENT ASSETS Trade accounts receivable, net 0.6 - - 0.6 - Deferred income and social contribution taxes - 8.0 - 8.0 - Biological assets 11.6 20.1 - 31.7 - Recoverable taxes 4.8 - - 4.8 - Other non-current assets 7.3 0.5 - 7.8 - Property, plant and equipment, net 329.6 327.2 169.8 826.6 41.6 Intangible assets 318.7 263.3 - 582.0 - Total non-current assets 672.6 619.1 169.8 1,461.5 41.6 TOTAL ASSETS 1,368.8 1,787.7 169.8 3,326.3 41.6 LIABILITIES CURRENT LIABILITIES Short-term debt 88.4 - - 88.4 - Trade accounts payable 270.8 155.1 - 425.9 - Payroll and related charges 42.1 42.7 - 84.8 - Liabilities with related parties 0.2 - - 0.2 - Employee and management profit sharing 3.0 3.0 - 6.0 - Tax payable 13.6 24.8 - 38.4 - Other current liabilities 51.1 95.2 - 146.3 - Total current liabilities 469.2 320.8 - 790.0 - NON-CURRENT LIABILITIES Long-term debt 67.4 - - 67.4 - Deferred income and social contribution taxes 142.0 26.2 - 168.2 - Provision for tax, civil and labor risks 70.6 0.3 - 70.9 - Other non-current liabilities - 35.0 - 35.0 - Total non-current liabilities 280.0 61.5 - 341.5 - TOTAL LIABILITIES AND EQUITY 749.2 382.3 - 1,131.5 - Assets and liabilities held for sale 619.6 1,405.4 169.8 2,194.8 41.6 BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.18 Operations from Argentina Operations from Europe and Thailand Total NET SALES 1,737.4 2,603.2 4,340.6 Cost of sales (1,691.1) (2,331.3) (4,022.4) GROSS PROFIT 46.3 271.9 318.2 OPERATING INCOME (EXPENSES) Selling expenses (175.9) (220.4) (396.3) General and administrative expenses (36.1) (83.6) (119.7) Impairment loss on trade and other receivables (4.7) 4.6 (0.1) Other operating income (expenses), net 2.7 (36.4) (33.7) LOSS BEFORE FINANCIAL RESULTS AND INCOME TAXES (167.7) (63.9) (231.6) Financial expenses 261.5 132.2 393.7 Financial income 88.3 1.8 90.1 INCOME BEFORE TAXES 182.1 70.1 252.2 Current income taxes - (23.0) (23.0) Deferred income taxes (113.3) 8.5 (104.8) NET INCOME 68.8 55.6 124.4 Impairment loss on the remesuarement to fair value less cost to sell (1,060.1) (1,416.1) (2,476.2) LOSS (991.3) (1,360.5) (2,351.7) Net loss from discontinued operation attributable to Controlling shareholders (995.1) (1,338.0) (2,333.1) Non-controlling interest 3.9 (22.5) (18.6) 4/8/2019 18:27 BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.17 Operations from Argentina Operations from Europe and Thailand Total NET SALES 2,024.9 3,130.3 5,155.2 Cost of sales (1,845.9) (2,602.3) (4,448.2) GROSS PROFIT 179.0 528.0 707.0 OPERATING INCOME (EXPENSES) Selling expenses (221.5) (238.0) (459.5) General and administrative expenses (39.7) (72.4) (112.1) Impairment loss on trade and other receivables (1.1) (6.8) (7.9) Other operating expenses, net (50.5) (4.1) (54.6) INCOME (LOSS) BEFORE FINANCIAL RESULTS AND INCOME TAXES (133.8) 206.7 72.9 Financial expenses (342.9) 65.6 (277.3) Financial income 71.6 5.8 77.4 INCOME (LOSS) BEFORE TAXES (405.1) 278.1 (127.0) Current income taxes (1.3) (23.2) (24.5) Deferred income taxes 4.0 15.4 19.4 INCOME (LOSS) (402.4) 270.3 (132.1) Net income (loss) from discontinued operation attributable to Controlling shareholders (389.5) 248.2 (141.3) Non-controlling interest (12.9) 22.1 9.2 4/8/2019 18:27 BRF S.A. STATEMENTS OF INCOME (LOSS) - DISCONTINUED OPERATIONS 12.31.16 Operations from Argentina Operations from Europe and Thailand Total NET SALES 1,994.0 3,854.9 5,848.9 Cost of sales (1,769.5) (3,671.6) (5,441.1) GROSS PROFIT 224.5 183.3 407.8 OPERATING INCOME (EXPENSES) Selling expenses (226.4) (184.7) (411.1) General and administrative expenses (59.9) (79.5) (139.4) Impairment loss on trade and other receivables 2.7 0.3 3.0 Other operating income (expenses), net 10.2 (18.2) (8.0) LOSS BEFORE FINANCIAL RESULTS AND INCOME TAXES (48.9) (98.8) (147.7) Financial expenses (256.7) (16.8) (273.5) Financial income 74.0 7.8 81.8 LOSS BEFORE TAXES (231.6) (107.8) (339.4) Current income taxes 9.1 (14.2) (5.1) Deferred income taxes 79.3 8.9 88.2 NET LOSS (143.2) (113.1) (256.3) Net loss from discontinued operation attributable to Controlling shareholders (132.0) (132.6) (264.6) Non-controlling interest (11.2) 19.4 8.2 BRF S.A. STATEMENTS OF CASH FLOWS - DISCONTINUED OPERATIONS Consolidated 12.31.18 12.31.17 12.31.16 OPERATING ACTIVITIES Loss for the year from discontinued operations (2,351.7) (132.1) (256.3) Adjustments to reconcile loss to net cash Depreciation and amortization 228.8 263.8 170.2 Depreciation and depletion of biological assets 27.2 21.9 22.9 Loss on disposals of property, plant and equipments 8.6 8.6 (4.7) Provision (reversal) for tax, civil and labor risks (67.0) 134.2 15.2 Impairment 2,476.2 - - Financial results, net (483.8) 199.8 179.8 Deferred income tax 104.7 (19.4) (88.2) Restatement by hyperinflation (426.5) - - Others (17.4) (45.2) (62.5) Cash flow (used in) provided by operating activities before working capital (500.9) 431.6 (23.6) Trade accounts receivable 37.9 (104.6) 1,133.2 Inventories 71.7 (319.7) 318.2 Biological assets - current assets 3.0 4.9 (1.8) Trade accounts payable (269.4) (161.0) (2,425.1) Supply chain finance (0.4) 0.3 - Cash flow used in operating activities (658.1) (148.5) (999.1) Investments in securities at FVTPL (403.2) (321.5) (682.7) Redemptions of securities at FVTPL 340.7 322.1 782.6 Interest received - - 0.3 Interest paid (29.8) (45.7) (65.2) Other assets and liabilities 617.7 173.2 447.8 Cash flow used in operating activities (132.7) (20.4) (516.3) INVESTING ACTIVITIES Additions to property, plant and equipment (57.3) (52.5) (745.5) Additions to biological assets - non-current assets (31.8) (31.5) (40.8) Additions to intangible assets (0.1) (0.1) (0.7) Business combination, net of cash acquired - - (2,078.0) Net cash used in investing activities (89.2) (84.1) (2,865.0) FINANCING ACTIVITIES Proceeds from debt issuance 821.7 1,678.1 666.4 Repayment of debt (921.5) (1,668.7) (539.9) Net cash (used in) provided by financing activities (99.8) 9.4 126.5 Net decrease in cash and cash equivalents (321.7) (95.1) (3,254.8) At the beginning of the year 488.2 583.3 3,838.1 At the end of the year 166.5 488.2 583.3

13. INCOME AND SOCIAL CONTRIB_2

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Income And Social Contribution Taxes
Schedule of deferred income and social contribution taxes	12.31.18 12.31.17 Assets Tax loss carryforwards (corporate income tax) 1,724.0 1,438.9 Negative calculation basis (social contribution tax) 652.4 401.4 Temporary differences Provisions for tax, civil and labor risks 323.0 398.0 Suspended collection taxes 22.9 12.3 Expected credit losses 126.6 116.1 Provision for property, plant and equipment losses 37.1 6.3 Provision for losses on tax credits 62.7 53.2 Provision for other obligations 106.9 92.8 Provision for inventory losses 39.5 98.6 Employees' benefits plan 137.5 127.4 Unrealized losses on derivatives financial instruments 30.5 80.4 Unrealized losses on inventories 2.4 4.4 Provision for losses - notes receivables 6.9 13.7 Business combination - Sadia (1) 84.6 206.8 Other temporary differences 131.1 96.7 3,488.1 3,147.0 Temporary differences Unrealized gains on fair value (101.4) (38.5) Difference between tax and accounting basis of goodwill amortization (318.5) (301.8) Difference between tax and accounting depreciation rate (754.1) (694.2) Business combination - Sadia (1) (724.0) (727.1) Business combination - AKF (19.2) (17.8) Business combination - Dánica and Avex - (4.5) Business combination - Invicta - (30.9) Business combination - other companies (20.4) (35.8) Other - exchange rate variation (60.8) (54.9) Other temporary differences (35.8) (27.4) (2,034.2) (1,932.9) Total deferred tax 1,453.9 1,214.1 Total Assets 1,519.7 1,369.4 Total Liabilities (65.8) (155.3) 1,453.9 1,214.1
Schedule of rollforward deferred tax	12.31.18 12.31.17 Beginning balance 1,214.1 947.0 Deferred income and social contribution taxes recognized in the statement of income 340.1 210.6 Deferred income and social contribution taxes writte-off for fiscal loss and negative calculation basis - PERT - (56.9) Deferred income and social contribution taxes recognized in other comprehensive income (68.7) 15.2 Deferred income and social contribution taxes on disposals of goodwill from BRF Gmbh and Invicta - 44.4 Deferred income and social contribution taxes related to discontinued operations (35.4) 19.4 Other 3.8 34.4 Ending balance 1,453.9 1,214.1
Schedule of deferred tax	2019 0.1 2020 31.9 2021 134.3 2022 184.2 2023 286.4 2024 to 2026 1,010.4 2027 onwards 729.1 2,376.4
Schedule of income and social contribution taxes reconciliation	12.31.18 Restated Restated Loss before income and social contribution taxes - continued operations (2,447.8) (1,218.6) 22.0 Nominal tax rate 34% 34% 34% Credit (expense) at nominal rate 832.3 414.3 (7.5) Reconciling itens Income from associates and joint ventures (104.0) (64.1) 42.3 Exchange rate variation on foreign investments 110.0 71.7 (224.6) Difference of tax rates on results of foreign subsidiaries 389.4 (205.1) (144.9) Deferred tax assets not recognized (1) (591.7) - - Interest on shareholders' equity - - 174.5 Stock options (5.8) (7.3) (14.8) Transfer price (79.0) (15.8) (1.5) Investment grant 59.2 49.1 41.7 Special Regime for the Reintegration of Tax Values for Exporting Companies (Reintegra) 2.3 8.4 1.0 Write-off of unrealized tax assets (2) (268.7) - - Other permanent differences (10.7) 0.6 0.8 333.3 251.8 (133.0) Current income tax (6.8) 41.2 (148.8) Deferred income tax 340.1 210.6 15.8
Schedule of current and deferred income tax from foreign subsidiaries	12.31.18 12.31.17 12.31.16 Taxable income from foreign subsidiaries, before taxes 1,066.1 (446.7) (950.3) Current income tax credit from foreign subsidiaries (6.7) (42.5) (53.1) Deferred income tax from foreign subsidiaries (247.9) (37.5) 259.9

14. JUDICIAL DEPOSITS (Tables)

14. JUDICIAL DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2018
Judicial Deposits Tables Abstract
Schedule of detailed information about judicial deposits	Tax Labor Civil, commercial and other Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 292.5 312.5 360.0 377.4 36.4 42.7 688.9 732.6 Additions 19.1 23.4 181.7 188.3 2.9 7.8 203.7 219.5 Transfer - held for sale (1) (0.1) - (6.8) - - - (6.9) - Reversals (5.3) (52.5) (47.2) (78.7) (3.0) (4.4) (55.5) (135.6) Write-offs (31.9) (9.0) (146.2) (136.5) (8.6) (10.5) (186.7) (156.0) Price index update 14.1 18.2 14.6 11.2 1.4 0.8 30.1 30.2 Exchange rate variation (0.1) (0.1) (4.4) (1.7) - - (4.5) (1.8) Ending balance 288.3 292.5 351.7 360.0 29.1 36.4 669.1 688.9

15. RESTRICTED CASH (Tables)

15. RESTRICTED CASH (Tables)	12 Months Ended
	Dec. 31, 2018
Restricted Cash Tables Abstract
Schedule of detailed information about restricted cash	Maturity (1) Currency Average interest rate (p.a.) 12.31.18 12.31.17 Bank deposit certificates (2) 1.81 R$ 6.70% 504.5 326.4 National treasury certificates (3) 1.25 R$ 19.55% 233.7 190.2 Bank deposit (4) - US$ - 21.0 19.0 Time Deposit (5) 1.47 US$ 3.89% 102.4 - 861.6 535.6 Current 277.3 127.8 Non-current 584.3 407.8

16. INVESTMENTS (Tables)

16. INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Investments In Associates And Joint Ventures Tables Abstract
Schedule of detailed information about investment in associates and joint ventures	12.31.18 12.31.17 Investment in associates and affiliates 70.5 54.1 Goodwill SATS BRF 7.1 6.1 77.6 60.2 Other investments 8.4 8.0 86.0 68.2

17. PROPERTY, PLANT AND EQUIP_2

17. PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2018
Property Plant And Equipment Net Tables Abstract
Schedule of detailed information about property, plant and equipment	Weighted average depreciation rate (p.a.) 12.31.17 Additions Disposals Restatement by Hyperinflation (1) Exchange rate variation Transfers (2) 12.31.18 Cost Land - 706.2 0.1 (25.7) 32.7 (17.2) (159.3) 536.9 Buildings and improvements - 6,102.8 4.8 (113.4) 205.3 (4.3) 1,251.1 7,446.3 Machinery and equipment - 8,881.2 64.3 (234.5) 346.4 (77.8) (707.2) 8,272.5 Facilities - 2,175.0 0.7 (21.1) 0.3 8.9 (2,019.5) 144.3 Furniture and fixtures - 171.5 25.3 (5.6) 9.5 1.6 (42.3) 160.0 Vehicles - 28.6 3.1 (0.7) 2.8 0.2 (16.5) 17.5 Construction in progress - 453.9 585.4 - 15.5 (25.2) (619.9) 409.7 Advances to suppliers - 13.7 0.4 - - 1.2 (1.9) 13.5 18,532.9 684.1 (401.0) 612.5 (112.6) (2,315.5) 17,000.7 Depreciation Buildings and improvements 3.00% (1,872.4) (188.1) 28.9 (63.5) (12.5) (471.3) (2,578.8) Machinery and equipment 5.95% (3,656.5) (562.7) 136.1 (192.7) (0.2) 655.6 (3,620.4) Facilities 4.49% (724.5) (93.8) 13.0 (0.2) 3.5 778.7 (23.3) Furniture 8.09% (77.7) (17.0) 3.2 (7.0) (0.7) 28.3 (71.0) Vehicles 19.91% (11.2) (2.1) 0.5 (2.6) 0.9 4.3 (10.2) (6,342.3) (863.7) 181.7 (266.0) (9.0) 995.6 (6,303.7) 12,190.6 (179.6) (219.3) 346.5 (121.6) (1,319.9) 10,697.0 Weighted average depreciation rate (p.a.) 12.31.16 Additions Business combinations Disposals Transfers Exchange rate variation 12.31.17 Cost Land - 575.9 6.2 123.5 (2.0) 6.1 (3.5) 706.2 Buildings and improvements - 5,648.6 60.2 258.8 (36.7) 183.6 (11.8) 6,102.8 Machinery and equipment - 7,994.1 57.9 389.1 (175.4) 569.8 45.7 8,881.2 Facilities - 2,047.9 14.8 - (25.8) 137.3 0.8 2,175.0 Furniture - 163.5 2.1 16.1 (4.2) 5.8 (11.8) 171.5 Vehicles - 27.3 0.3 4.8 (8.9) 4.8 0.3 28.6 Construction in progress - 886.0 693.6 13.6 (5.6) (1,091.0) (42.7) 453.9 Advances to suppliers - 16.1 15.8 - - (17.6) (0.6) 13.7 17,359.4 850.9 805.9 (258.6) (201.2) (23.6) 18,532.9 Depreciation Buildings and improvements 3.02% (1,694.4) (184.0) (11.4) 17.0 3.7 (3.4) (1,872.4) Machinery and equipment 5.93% (3,193.9) (567.2) (21.0) 107.4 3.5 14.7 (3,656.5) Facilities 3.78% (646.3) (91.3) - 10.8 0.5 1.8 (724.5) Furniture 8.05% (66.5) (13.4) - 3.1 (0.9) - (77.7) Vehicles 19.99% (12.1) (3.2) (2.8) 7.2 (1.3) 1.0 (11.2) (5,613.2) (859.1) (35.2) 145.5 5.5 14.1 (6,342.3) 11,746.2 (8.2) 770.7 (113.1) (195.7) (9.5) 12,190.6
Schedule of total amount of fully depreciated items still operating	12.31.18 12.31.17 Cost Buildings and improvements 151.8 138.2 Machinery and equipment 692.1 700.0 Facilities 85.6 74.0 Furniture and fixtures 27.3 22.7 Vehicles 5.3 5.3 962.1 940.2
Schedule of book value of the collateral property, plant and equipment	12.31.18 12.31.17 Type of collateral Book value of the collateral Book value of the collateral Land Financial/Tax 239.0 330.0 Buildings and improvements Financial/Tax 1,220.7 1,290.4 Machinery and equipment Financial/Labor/Tax/Civil 1,877.4 2,318.7 Facilities Financial/Tax 579.4 540.9 Furniture and fixtures Financial/Tax 18.6 21.9 Vehicles Financial/Tax 0.6 1.5 Other Financial/Tax - 0.4 3,935.7 4,503.8

18. INTANGIBLE ASSETS (Tables)

18. INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible Assets Tables Abstract
Schedule of changes in intangible assets and goodwill	Weighted average amortization rate (p.a.) 12.31.17 Additions Disposals Transfers Restatement by Hyperinflation (1) Exchange rate variation Transfer - held for sale (2) 12.31.18 Cost Non-compete agreement - 62.0 33.7 - - 9.1 (0.1) (14.7) 90.0 Goodwill - 4,192.2 - - - 324.0 116.8 (1,937.9) 2,695.1 AKF - 131.5 - - - - 22.5 - 154.0 Alimentos Calchaquí - 157.9 - - - 0.8 (65.3) (93.4) - Ava - 49.4 - - - - - - 49.4 Avex - 16.1 - - - 20.7 (6.6) (30.0) 0.2 Banvit Bandirma Vitaminli - 193.8 - - - - (31.5) - 162.3 BRF AFC - 131.9 - - - - 21.6 - 153.5 BRF Holland B.V. - 26.0 - - - - 3.1 (29.1) - BRF Invicta - 131.9 - - - - 14.5 (146.4) - Dánica - 4.1 - - - 5.7 (1.7) (8.1) - Eclipse Holding Cooperatief - 1.4 - - - 94.2 (0.5) (94.9) 0.2 Eleva Alimentos - 808.1 - - - - - (111.5) 696.6 Federal Foods LLC - 63.9 - - - - 10.9 - 74.8 Federal Foods Qatar L.L.C - 313.2 - - - - 53.6 - 366.8 GFS Group - 771.6 - - - - 130.3 (902.0) (0.1) GQFE - Golden Quality Foods Europe - 2.8 - - - - 0.3 (3.1) - Incubatório Paraíso - 0.7 - - - - - - 0.7 Invicta Food Group - 0.7 - - - - 0.1 (0.8) - Paraíso Agroindustrial - 16.8 - - - - - - 16.8 Perdigão Mato Grosso - 7.6 - - - - - - 7.6 Quickfood - 97.1 - - - 202.6 (40.2) (259.5) - Sadia - 1,214.0 - - - - - (201.4) 1,012.6 Universal Meats Ltd. - 52.0 - - - - 5.7 (57.7) - Import quotas - 111.8 - - - - 12.3 (124.0) 0.1 Outgrowers relationship - 15.0 - - - - - - 15.0 Trademarks - 1,649.9 - - - 250.7 (140.2) (424.3) 1,336.1 Patents - 6.8 - - (0.1) - (0.2) (0.6) 5.9 Customer relationship - 1,220.8 - - - 149.1 19.3 (493.1) 896.1 Supplier relationship - 2.1 - - - - 0.4 (2.4) 0.1 Software - 516.3 2.0 (121.9) 121.8 30.5 (2.4) (54.5) 491.8 7,776.9 35.7 (121.9) 121.7 763.4 5.9 (3,051.5) 5,530.2 Amortization Non-compete agreement 32.70% (23.4) (26.8) - - (5.8) 0.9 9.4 (45.7) Import quotas 89.94% (93.1) (14.4) - - - (11.3) 118.8 - Outgrowers relationship 13.24% (9.6) (2.0) - - - - - (11.6) Patents 19.98% (4.9) (0.8) - - (0.9) 0.2 1.3 (5.1) Customer relationship 9.50% (154.5) (99.7) - - (55.6) (11.8) 149.1 (172.5) Supplier relationship 5.00% (0.1) (0.1) - - - - 0.2 - Software 19.68% (293.7) (127.4) 121.9 0.3 (27.0) 3.6 46.4 (275.9) (579.3) (271.2) 121.9 0.3 (89.3) (18.4) 325.2 (510.8) 7,197.6 (235.5) - 122.0 674.1 (12.5) (2,726.3) 5,019.4 Weighted average amortization rate (p.a.) 12.31.16 Additions Disposals Business combination Transfers Exchange rate variation 12.31.17 Cost Non-compete agreement - 51.0 11.5 - 0.5 - (1.0) 62.0 Goodwill - 4,343.5 - - (203.6) - 52.4 4,192.3 AKF - 129.5 - - (2.1) - 4.1 131.5 Alimentos Calchaquí - 342.0 - - (152.3) - (31.8) 157.9 Ava - 49.4 - - - - - 49.4 Avex - 18.8 - - - - (2.7) 16.1 Banvit Bandirma Vitaminli - - - - 203.8 - (10.0) 193.8 BRF AFC - 162.7 - - (33.4) - 2.6 131.9 BRF Holland B.V. - 22.5 - - - - 3.5 26.0 BRF Invicta - 119.0 - - - - 12.9 131.9 Dánica - 4.8 - - - - (0.7) 4.1 Eclipse Holding Cooperatief - 209.9 - - (202.1) - (6.4) 1.4 Eleva Alimentos - 808.1 - - - - - 808.1 Federal Foods LLC - 70.5 - - (7.3) - 0.7 63.9 Federal Foods Qatar L.L.C - 308.4 - - - - 4.8 313.2 GFS Group - 684.5 - - - - 87.1 771.6 GQFE - Golden Quality Foods Europe - 2.4 - - - - 0.4 2.8 Incubatório Paraíso - 0.7 - - - - - 0.7 Invicta Food Group - 0.6 - - - - 0.1 0.7 Paraíso Agroindustrial - 16.8 - - - - - 16.8 Perdigão Mato Grosso - 7.6 - - - - - 7.6 Quickfood - 113.8 - - - - (16.7) 97.1 Sadia - 1,214.0 - - - - - 1,214.0 Universal Meats Ltd. - 57.6 - - (10.2) - 4.6 52.0 Import quotas - 58.2 - - 42.2 - 11.4 111.8 Outgrowers relationship - 14.7 0.3 - - - - 15.0 Trademarks - 1,313.2 - - 386.9 - (50.2) 1,649.9 Patents - 6.9 - - - - (0.1) 6.8 Customer relationship - 815.2 - - 403.5 10.6 (8.5) 1,220.8 Supplier relationship - 14.6 - (2.0) - (10.6) 0.1 2.1 Software - 504.3 40.3 (176.9) 2.7 146.3 (0.4) 516.3 7,121.6 52.1 (178.9) 632.2 146.3 3.7 7,777.0 Amortization Non-compete agreement 27.59% (7.6) (16.1) - - - 0.3 (23.4) Import quotas 73.63% (21.7) (63.5) - - - (7.9) (93.1) Outgrowers relationship 13.15% (7.7) (1.9) - - - - (9.6) Patents 27.42% (3.9) (1.1) - - - 0.1 (4.9) Customer relationship 7.59% (81.3) (72.2) - 0.2 - (1.2) (154.5) Supplier relationship 5.00% (2.0) (0.1) 2.0 - - - (0.1) Software 19.93% (324.8) (145.0) 175.5 - - 0.6 (293.7) (449.0) (299.9) 177.5 0.2 - (8.1) (579.3) 6,672.6 (247.8) (1.4) 632.4 146.3 (4.4) 7,197.7
Schedule of pre tax rates	2019 2020 2021 2022 2023 GDP Brazil 2.57% 3.05% 3.07% 2.67% 2.63% GDP Halal 3.30% 3.20% 3.20% 3.20% 3.20% Inflation Brazil 4.09% 4.23% 4.00% 4.00% 4.00% Exchange rate - BRL / USD 3.68 3.71 3.75 3.80 3.84 Exchange rate - EUR / USD 0.85 0.84 0.82 0.81 0.80
Schedule of variations in the EBIT margin and WACC	Variations Apreciation (devaluation) 1.0% 0.0% -1.0% BRAZIL Discount rate 11.22% 10.22% 9.22% Ebit Margin 10.32% 9.32% 8.32% INTERNATIONAL Discount rate 10.33% 9.33% 8.33% Ebit Margin 11.05% 10.05% 9.05% HALAL Discount rate 11.17% 10.17% 9.17% Ebit Margin 11.42% 10.42% 9.42%

19. LOANS AND FINANCING (Tables

19. LOANS AND FINANCING (Tables)	12 Months Ended
	Dec. 31, 2018
Loans And Financing Tables Abstract
Schedule of loans and financing	Charges (p.a.) Weighted average interest rate (p.a.) WAMT (1) Current Non-current 12.31.18 Captured Transfer - held for sale (2) Amortization Interest paid Interest accrued Exchange rate variation Current Non-current 12.31.17 Local currency Working capital 'Fixed rate / 118% of CDI (7.79% on 12.31.17) 7.78% (7.79% on 12.31.17) 1.7 1,695.4 4,167.6 5,863.0 4,431.1 - (1,235.9) (149.7) 262.1 - 1,631.5 923.9 2,555.4 Certificate of agribusiness receivables 96.40% of CDI / IPCA + 5,90% (96.51% of CDI / IPCA + 5,90% on 12.31.17) 6.08% (7.41% on 12.31.17) 1.6 1,114.9 1,482.6 2,597.5 - - (997.0) (223.1) 246.0 - 1,097.9 2,473.8 3,571.7 Development bank credit lines Fixed rate / Selic / TJLP + 1.25% (Fixed rate / Selic / TJLP + 1.48% on 12.31.17) 6.16% (6.78% on 12.31.17) 1.1 220.4 44.1 264.5 - - (315.1) (20.3) 29.9 - 313.3 256.8 570.1 Bonds (7.75% on 12.31.17) (7.75% on 12.31.17) - - - - - - (500.0) (19.4) 15.6 - 503.8 - 503.8 Export credit facility 109.45% of CDI (100.35% on 12.31.17) 9.02% (6.91% on 12.31.17) 3.2 39.3 1,586.0 1,625.3 1,621.1 - (1,850.0) (188.7) 153.7 - 39.2 1,850.0 1,889.2 Special program asset restructuring Fixed rate / IGPM + 4.90% (Fixed rate / IGPM + 4.90% on 12.31.17) 12.45% (4.36% on 12.31.17) 1.4 3.8 269.7 273.5 - - - (8.1) 32.2 - 3.5 245.8 249.3 Fiscal incentives 2.40% (2.40% on 12.31.17) 2.40% (2.40% on 12.31.17) 0.5 3.3 - 3.3 57.2 - (57.5) (0.4) 0.5 - 3.6 - 3.6 3,077.1 7,550.0 10,627.1 6,109.4 - (4,955.5) (609.7) 740.0 - 3,592.8 5,750.3 9,343.1 Foreign currency Bonds 4.07% (4.08% on 12.31.17) + e.r. US$ and EUR 4.07% (4.08% on 12.31.17) + e.r. US$ and EUR 4.8 99.5 9,646.9 9,746.4 - (87.1) (14.8) (466.6) 506.5 1,278.5 105.1 8,424.8 8,529.9 Export credit facility LIBOR + 0.25% (LIBOR + 1.85% on 12.31.17) + e.r. US$ 2.47% (3.35% on 12.31.17) + e.r. US$ 0.8 998.7 384.5 1,383.2 8.4 - (1,067.4) (75.9) 67.6 299.7 953.5 1,197.2 2,150.7 Advances for foreign exchange rate contracts 4.67% + e.r. US$ 4.67% + e.r. US$ 0.8 214.2 - 214.2 208.5 - - - 1.1 4.6 - - - Development bank credit lines (UMBNDES + 1.73% on 12.31.17) + e.r. US$ and other currencies (6.22% on 12.31.17) + e.r. US$ and other currencies - - - - - - (3.9) (0.2) 0.5 - 2.6 1.0 3.6 Working capital 46.84% (23.10% on 12.31.17) + e.r. ARS / + e.r US$ 46.84% (23.10% on 12.31.17) + e.r. ARS / + e.r US$ - - - - 813.3 (68.7) (898.3) (3.6) 46.0 (56.6) 128.2 39.7 167.9 Working capital 21.91% (15.95% on 12.31.17) + e.r TRY 21.91% (15.95% on 12.31.17) + e.r TRY 0.7 157.9 36.7 194.6 193.1 - (216.6) (21.1) 35.9 (46.1) 249.2 - 249.2 1,470.3 10,068.1 11,538.4 1,223.3 (155.8) (2,201.0) (567.4) 657.6 1,480.1 1,438.6 9,662.7 11,101.3 4,547.4 17,618.1 22,165.5 7,332.7 (155.8) (7,156.5) (1,177.1) 1,397.6 1,480.1 5,031.4 15,413.0 20,444.4 (1) Weighted average maturity in years. (2) Amounts transferred to discontinued operations (note 12).
Schedule of loans and financing	Encargos (a.a.) Taxa média ponderada de juros (a.a.) PMPV Circulante Não Circulante Saldo 31.12.17 Tomado Combinação de negócios Amortização Juros Juros apropriados Variação cambial Atualização Monetária Circulante Não Circulante Saldo 31.12.16 Moeda nacional Capital de giro 7,79% 7,79% 0.8 1,631.5 923.9 2,555.4 3,579.4 - (2,401.0) (162.2) 213.0 - - 1,326.1 - 1,326.1 Certificado de recebíveis do agronegócio 96,51% do CDI / IPCA + 5,90% 7,41% 2.4 1,097.9 2,473.8 3,571.7 780.0 - (779.2) (393.8) 334.6 - - 168.1 3,462.0 3,630.1 Linhas de crédito de bancos de desenvolvimento Taxa fixa/Selic/ TJLP + 1,48% 6,78% 1.7 313.3 256.8 570.1 62.4 - (403.8) (37.3) 47.4 0.2 20.1 381.3 499.7 881.0 Bonds 7,75% (7,75% em 31.12.16) 7,75% (7,75% em 31.12.16) 0.4 503.8 - 503.8 - - - (38.8) 46.4 - (6.8) 4.1 498.8 502.9 Linhas de crédito de exportação 100,35% do CDI 6,91% 1.2 39.2 1,850.0 1,889.2 - - - (214.3) 181.2 - - 72.3 1,850.0 1,922.3 Programa especial de saneamento de ativos Taxa fixa / IGPM + 4,90% 4,36% 2.2 3.5 245.8 249.3 - - - (8.1) 9.7 (1.7) (2.2) 3.5 248.0 251.5 Outras dívidas garantidas (8,50% em 31.12.16) (8,50% em 31.12.16) - - - - - - (129.9) (8.9) 9.2 - - 32.3 97.3 129.6 Incentivos fiscais 2,40% 2,40% 0.5 3.6 - 3.6 34.4 - (30.9) (0.2) 0.2 - - 0.1 - 0.1 3,592.8 5,750.3 9,343.1 4,456.2 - (3,744.8) (863.6) 841.7 (1.5) 11.1 1,987.8 6,655.8 8,643.6 Moeda estrangeira Bonds 4,08% 4,08% 6.0 105.1 8,424.8 8,529.9 77.1 - (396.0) (382.0) 410.4 326.7 - 489.2 8,004.4 8,493.6 Linhas de crédito de exportação LIBOR + 1,85% 3,35% 2.2 953.5 1,197.2 2,150.7 3,576.0 - (2,981.2) (98.5) 105.5 238.3 - 312.2 998.4 1,310.6 Adiantamentos de contratos de câmbio (2,39% em 31.12.16) + v.c. US$ (2,39% em 31.12.16) + v.c. US$ - - - - 4.1 - (203.4) (4.7) 0.3 (9.1) - 212.8 - 212.8 Linhas de crédito de bancos de desenvolvimento UMBNDES + 1,73% 6,22% 1.0 2.6 1.0 3.6 - - (5.9) (0.4) 1.2 (0.3) - 5.9 3.0 8.9 Capital de giro 23,10% 23,10% 1.5 128.2 39.7 167.9 1,584.8 - (1,629.4) (19.8) 59.2 (119.7) - 236.9 55.8 292.7 Capital de giro 15,95% + v.c TRY 15,95% + v.c TRY 0.1 249.2 - 249.2 - 389.2 (40.6) - 5.1 (104.3) - - - - 1,438.6 9,662.7 11,101.3 5,242.0 389.2 (5,256.5) (505.4) 581.7 331.6 - 1,257.0 9,061.6 10,318.6 5,031.4 15,413.0 20,444.4 9,698.2 389.2 (9,001.3) (1,369.0) 1,423.4 330.1 11.1 3,244.8 15,717.4 18,962.2
Schedule of maturity	12.31.18 2019 4,555.9 2020 3,395.4 2021 2,936.0 2022 3,072.7 2023 3,399.9 2024 onwards 4,805.6 22,165.5
Schedule of guarantees	12.31.18 12.31.17 Total of loans and financing 22,165.5 20,444.4 Mortgage guarantees 267.8 577.2 Related to FINEM-BNDES 217.6 462.8 Related to tax incentives and other 50.2 114.4
Schedule of commitments for purchases of goods and services	12.31.18 2019 4,338.1 2020 527.8 2021 257.5 2022 158.9 2023 111.6 2024 onwards 315.0 5,708.9

20. TRADE ACCOUNTS PAYABLE (Tab

20. TRADE ACCOUNTS PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2018
Trade Accounts Payable Tables Abstract
Schedule of trade and accounts payable	12.31.18 12.31.17 Domestic suppliers Third parties 4,700.8 4,647.7 Related parties - 16.6 4,700.8 4,664.3 Foreign suppliers Third parties 1,079.4 2,030.7 Related parties - - 1,079.4 2,030.7 (-) Adjustment to present value (48.0) (52.8) 5,732.2 6,642.2 Current 5,552.4 6,445.5 Non-current 179.8 196.8

21. SUPPLY CHAIN FINANCE (Table

21. SUPPLY CHAIN FINANCE (Tables)	12 Months Ended
	Dec. 31, 2018
Supply Chain Finance Tables Abstract
Schedule of supply chain finance	12.31.18 12.31.17 Supply chain finance - Domestic suppliers 715.3 518.4 Supply chain finance - Foreign suppliers 170.5 196.8 885.8 715.2

22. DERIVATIVE FINANCIAL INST_2

22. DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Other Financial Assets And Liabilities Tables Abstract
Schedule of other financial assets and liabilities.	12.31.18 12.31.17 Derivatives designated as hedge accounting Assets Non-deliverable forward (NDF) 16.8 1.1 Currency option contracts 101.4 23.5 Commodities (corn) non-deliverable forward (NDF) 22.1 0.8 Corn option contracts - B3 - 0.8 Commodities (soybean) non-deliverable forward (NDF) 0.6 1.1 Commodities (soybean oil) non-deliverable forward (NDF) - 0.1 140.9 27.4 Liabilities Non-deliverable forward of currency (NDF) (21.0) (6.8) Currency option contracts (75.8) (25.9) Commodities (corn) non-deliverable forward (NDF) (3.5) (4.6) Corn future contracts - B3 (0.1) - Corn option contracts - B3 - (0.6) Commodities (soybean) non-deliverable forward (NDF) (3.3) - Commodities (soybean meal) non-deliverable forward (NDF) (2.7) (3.0) Soybean meal option contracts - (1.5) Commodities (soybean oil) non-deliverable forward (NDF) (4.3) (0.1) Exchange rate contracts currency (Swap) - (166.3) (110.7) (208.8) Derivatives not designated as hedge accounting Assets Non-deliverable forward of currency (NDF) 2.4 36.4 Currency option contracts 2.6 1.5 Exchange rate contracts currency (Swap) 36.4 25.2 41.4 63.1 Liabilities Non-deliverable forward of currency (NDF) (12.3) (2.0) Currency future contracts - B3 (9.4) (0.2) Swap (index / currency / stocks) (3.4) (2.0) Deliverable forwards contracts (99.2) (86.5) (124.3) (90.7) Current assets 182.3 90.5 Current liabilities (235.0) (299.5)

23. LEASES (Tables)

23. LEASES (Tables)	12 Months Ended
	Dec. 31, 2018
Leases Tables Abstract
Schedule of minimum future payments of non-cancellable operating lease	12.31.18 2019 421.7 2020 103.7 2021 108.4 2022 49.4 2023 157.3 2024 onwards 1,285.8 2,126.4
Schedule of finance leases mainly for the acquisitions of machinery, equipment, vehicles, software and buildings	Weighted average depreciation rate 12.31.18 Restated Cost Machinery and equipment 129.6 97.6 Software 68.4 97.1 Buildings 214.2 216.6 Facilities 14.5 14.7 426.7 426.0 Accumulated depreciation Machinery and equipment 35.15% (75.4) (45.1) Software 39.85% (57.5) (84.6) Buildings 6.75% (74.5) (58.8) Facilities 6.67% (1.7) (0.7) (209.1) (189.2) 217.6 236.8
Schedule of minimum future payments for these finance leases	12.31.18 Present value of minimum payments Interest Minimum future payments 2019 64.8 17.7 82.5 2020 42.1 14.0 56.1 2021 21.0 8.6 29.6 2022 16.4 7.3 23.7 2023 12.8 6.8 19.6 2024 onwards 58.3 35.8 94.1 215.4 90.2 305.6
Schedule of estimated schedule of future payments	12.31.18 2019 9.4 2020 9.4 2021 9.4 2022 9.4 2023 onwards 84.8 122.4

24. SHARE BASED PAYMENT (Tables

24. SHARE BASED PAYMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Share Based Payment
Schedule of vesting period deadlines according to plan	Plan I Plan II Quantity Deadline Quantity Deadline 1/3 1 year 1/4 1 year 2/3 2 years 2/4 2 years 3/3 3 years 3/4 3 years - - 4/4 4 years
Schedule of breakdown of outstanding granted options	Date Quantity Grant (1) Strike price (1) Grant date Beggining of exercise End of the exercise Options granted Outstanding options Fair value of the option Granting date Updated IPCA Plan I 04.04.14 04.03.15 04.03.19 1,552,564 407,556 12.56 44.48 58.11 05.02.14 05.01.15 05.01.19 1,610,450 314,113 14.11 47.98 62.27 12.18.14 12.17.15 12.17.19 5,702,714 1,540,640 14.58 63.49 80.27 8,865,728 2,262,309 Plan II 04.26.16 04.30.17 12.30.22 8,724,733 2,375,000 9.21 56.00 61.48 05.31.16 05.31.17 12.30.22 3,351,220 1,327,100 10.97 46.68 50.85 03.30.17 03.30.18 12.29.23 863,528 193,045 9.45 38.43 40.59 12,939,481 3,895,145 21,805,209 6,157,454
Schedule of restricted stock plan	Date Quantity Grant (1) Grant Term of acquisition of the right Shares granted Outstanding shares Fair value of the shares Restricted shares plan 08.31.17 08.31.19 716,846 250,334 41.85 04.26.18 04.26.20 276,000 276,000 22.29 06.14.18 06.14.20 270,000 270,000 20.00 10.01.18 10.01.20 2,311,394 2,294,717 21.44 3,574,240 3,091,051
Schedule of outstanding granted options	Outstanding options/shares as of December 31, 2017 12,872,189 Issued - grant of 2018 June 2018 - (Restricted shares plan) 270,000 April 2018 - (Restricted shares plan) 276,000 May 2018 150,000 October 2018 2,311,394 Antecipated transfer Antecipated transfer on april 2018 (Restricted shares plan) (200,100) Exercised: Exercised on December of 2018 (Restricted shares plan) (214) Exercised on December of 2017 (Restricted shares plan) (76,163) Forfeiture: Grant of 2018 (150,000) Grant of 2017 (733,168) Grant of 2017 (Restricted shares) (396,786) Grant of 2016 (2,976,160) Grant of 2014 (1,917,974) Grant of 2014 (75,645) Grant of 2013 (304,968) Outstanding options/shares as of December 31, 2018 9,048,405
Schedule of expected maturity of the option	12.31.18 Plan I Plan II Expected maturity of the option: Exercise in the 1st year 3.0 years 3.5 years Exercise in the 2nd year 3.5 years 4.0 years Exercise in the 3rd year 4.0 years 4.5 years Exercise in the 4th year - 5.0 years Risk-free interest rate 5.86% 6.34% Volatility 25.38% 27.43% Expected dividends over shares 1.16% 2.43% Expected inflation rate 4.00% 3.89%

25. EMPLOYEES BENEFITS PLANS (T

25. EMPLOYEES BENEFITS PLANS (Tables)	12 Months Ended
	Dec. 31, 2018
Pension And Other Postemployment Plans Tables Abstract
Schedule of pension plans for its employees and executives	Plan Modality Adhesions Plan I Defined Benefit Closed Plan II Defined Benefit Closed Plan III Defined Contribution Open FAF Defined Benefit Closed
Schedule of assets and actuarial liabilities	FAF Plan I and II 12.31.18 12.31.17 12.31.18 12.31.17 Composition of actuarial assets and liabilities Present value of actuarial liabilities 2,498.6 2,275.9 17.4 16.0 Fair value of assets (3,193.9) (3,077.4) (27.8) (26.7) (Surplus) Deficit (695.3) (801.5) (10.4) (10.7) Irrecoverable surplus - (asset ceiling) 695.4 801.5 8.5 8.5 Net actuarial (assets) liabilities 0.1 - (1.9) (2.2) Rollforward of irrecoverable surplus Beginning balance of irrecoverable surplus 801.5 838.3 8.5 8.1 Interest on irrecoverable surplus 78.1 93.9 0.8 0.9 Changes in irrecoverable surplus during the year (184.2) (130.7) (0.8) (0.5) Ending balance of irrecoverable surplus 695.4 801.5 8.5 8.5 Rollforward of present value of actuarial liabilities Beginning balance of the present value of liabilities 2,275.9 2,000.3 16.0 15.2 Interest on actuarial obligations 215.4 217.3 1.5 1.6 Current service cost 28.0 26.8 - - Benefit paid (129.1) (117.5) (1.3) (1.5) Actuarial losses - experience 36.0 (48.7) 0.8 (0.6) Actuarial losses - hypothesis 72.4 197.6 0.4 1.2 Ending balance of actuarial liabilities 2,498.6 2,275.8 17.4 15.9 Rollforward of fair value assets Beginning balance of the fair value of plan assets (3,077.4) (2,838.7) (26.7) (26.5) Interest income on assets plan (293.5) (311.2) (2.5) (2.9) Benefit paid 129.1 117.5 1.3 1.5 Return on assets higher (lower) than projection 47.9 (45.0) 0.1 1.2 Ending balance of fair value assets (3,193.9) (3,077.4) (27.8) (26.7) Rollforward of comprehensive income Beginning balance 26.8 23.3 (1.3) (2.1) Reversal to accumulated losses (26.8) (23.3) 1.3 2.1 Actuarial gains (losses) (108.4) (148.9) (1.2) (0.6) Return on assets higher (lower) than projection (47.9) 45.0 (0.1) (1.2) Changes on irrecoverable surplus 184.2 130.7 0.8 0.5 Ending balance of comprehensive income 27.9 26.8 (0.5) (1.3) Costs recognized in statement of income Current service costs (28.0) (26.8) - - Interest on actuarial obligations (215.4) (217.3) (1.5) (1.6) Projected return on assets 293.5 311.2 2.5 2.9 Interest on irrecoverable surplus (78.1) (93.9) (0.8) (0.9) Costs recognized in statement of income (28.0) (26.8) 0.2 0.4 Estimated costs for the next year Costs of defined benefit (28.2) (28.0) 0.2 0.2 Estimated costs for the next year (28.2) (28.0) 0.2 0.2
Schedule of actuarial assumptions and demographic data	FAF Plan I e II 12.31.18 12.31.17 12.31.18 12.31.17 Actuarial assumptions Economic hypothesis Discount rate 9.22% 9.74% 9.19% 9.72% Inflation rate 4.00% 4.25% 4.00% 4.25% Wage growth rate 4.68% 4.93% N/A N/A Demographic hypothesis Schedule of mortality AT-2000 AT-2000 AT-2000 AT-2000 Schedule of disabled mortality RRB-1983 RRB-1983 RRB-1983 RRB-1983 Demographic data Number of active participants 7,137 7,924 - - Number of participants in direct proportional benefit 30 10 - - Number of assisted beneficiary participants 6,498 6,233 51 51
Schedule of composition of the investment portfolio	FAF Plans I and II 12.31.18 12.31.17 12.31.18 12.31.17 Composition of the fund's portfolio Fixed income 2,306.7 72.2% 2,238.1 72.7% 24.0 86.4% 23.1 86.4% Variable income 362.5 11.3% 363.6 11.8% 2.3 8.1% 2.5 9.3% Real estate 271.2 8.5% 197.7 6.4% - - - - Structured investments 233.5 7.3% 257.5 8.4% 1.5 5.3% 1.1 4.1% Transactions with participants 20.1 0.7% 20.4 0.7% 0.1 0.2% - 0.2% 3,194.0 100.0% 3,077.3 100.0% 27.9 100.0% 26.7 100.0% % of nominal return on assets 9.36% 10.90% 7.50% 8.92%
Schedule of expected benefit payments and average terms of plan obligations	FAF Plans I and II 2019 141.4 1.3 2020 150.6 1.4 2021 161.8 1.4 2022 172.6 1.4 2023 183.3 1.5 2024 onwards 1,093.7 8.1 Weighted average duration - in years 12.49 10.37
Schedule of quantitative sensitivity analysis regarding relevant assumptions of defined benefit plan	Assumptions utilized Variation of (+1%) Variation of (-1%) Relevant assumptions Average rate Actuarial liabilities (1) Average rate Actuarial liabilities (1) Benefit plan - FAF Discount rate 9.22% 10.22% (263.1) 8.22% 321.7 Wage growth rate 4.68% 5.68% 79.9 3.68% (54.8) (1)
Schedule of description and characteristics of benefits and associated risks	Liabilities 12.31.18 12.31.17 Medical assistance 149.0 132.8 F.G.T.S. Penalty (1) 167.6 161.3 Award for length of service 55.1 49.3 Other 96.4 84.8 468.1 428.2 Current 94.7 85.2 Non-current 373.4 343.1
Schedule of liabilities related to other benefits	Consolidated Medical plan F.G.T.S. penalty Award for length of service Others (1) 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Composition of actuarial liabilities Present value of actuarial liabilities 149.0 132.8 167.6 161.3 55.1 49.3 96.4 84.8 Net actuarial liabilities 149.0 132.8 167.6 161.3 55.1 49.3 96.4 84.8 Rollforward of present value of actuarial liabilities Beginning balance of present value of actuarial liabilities 132.8 112.3 161.3 137.2 49.3 52.0 84.8 82.1 Interest on actuarial liabilities 12.7 12.3 12.2 13.2 4.0 5.1 2.5 2.9 Current service costs 0.2 0.2 6.5 6.0 2.1 2.1 0.8 0.9 Past service costs - changes in plan - 2.9 - - - - - - Benefits paid directly by the Company (6.6) (1.1) (20.1) (16.6) (9.7) (9.5) (6.7) (4.1) Present value of actuarial liabilities calculated in 2018 - - - - - - 10.2 - Actuarial (gains) losses - experience 5.4 (5.1) 10.7 14.8 9.6 - 4.9 2.0 Actuarial (gains) losses - demographic hypothesis - (2.4) (5.9) (4.3) (0.7) (1.8) (0.9) (0.8) Actuarial losses - economic hypothesis 4.4 13.7 2.8 11.1 0.6 1.4 0.9 1.7 Ending balance of liabilities 148.9 132.8 167.5 161.4 55.2 49.3 # 96.5 84.7 Rollforward of fair value assets Benefits paid directly by the Company 6.6 1.1 20.1 16.6 9.7 9.5 6.7 4.1 Contributions of the sponsor (6.6) (1.1) (20.1) (16.6) (9.7) (9.5) (6.7) (4.1) Ending balance of fair value of assets - - - - - - - - Rollforward of comprehensive income Beginning balance (37.4) (31.2) (86.5) (64.9) (37.5) (38.0) (16.0) (12.9) Actuarial gains (losses) (9.8) (6.2) (7.6) (21.6) (9.4) 0.5 (4.8) (3.0) Ending balance of comprehensive income (47.2) (37.4) (94.1) (86.5) (46.9) (37.5) (20.8) (15.9) Costs recognized in statement of income Interest on actuarial liabilities (12.7) (12.3) (12.2) (13.2) (4.0) (5.1) (2.5) (2.9) Current service costs (0.2) (0.2) (6.5) (6.0) (2.1) (2.1) (0.8) (0.9) Past service costs - (2.9) - - - - - - Cost recognized in statement of income (12.9) (15.4) (18.7) (19.2) (6.1) (7.2) (3.3) (3.8) Estimated costs for the next year Current service costs - (0.2) (6.5) (6.5) (2.6) (2.1) (8.1) (0.8) Interest on actuarial liabilities (13.5) (12.7) (11.8) (12.2) (4.4) (4.0) (4.2) (2.5) Estimated costs for the next year (13.5) (12.9) (18.3) (18.7) (7.0) (6.1) (12.3) (3.3)
Schedule of actuarial assumptions and demographic data	Medical plan F.G.T.S. penalty Others (1) Actuarial assumptions 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Economic hypothesis Discount rate 9.26% 9.76% 8.76% 9.30% 8.76% 9.30% Inflation rate 4.00% 4.25% 4.00% 4.25% 4.00% 4.25% Medical inflation 7.12% 7.38% N/A N/A N/A N/A Wage growth rate N/A N/A 5.18% 4.25% 5.18% 4.25% F.G.T.S. balance growth N/A N/A 4.00% 4.00% N/A N/A Medical plan F.G.T.S. penalty Actuarial assumptions 12.31.18 12.31.17 12.31.18 12.31.17 Demographic hypothesis Schedule of mortality AT-2000 AT-2000 AT-2000 AT-2000 Schedule of disabled N/A N/A RRB-44 RRB-44 Schedule of turnover - BRF's historical 2,018 2,017 2,018 2,017 Demoraphic data Number of active participants 1,141 1,287 83,966 86,817 Number of assisted beneficiary participants 609 643 - - (1)
Schedule of expected benefit payments for future	Payments Medical plan F.G.T.S. penalty Award for length of service Others Total 2019 6.5 64.9 10.6 12.8 94.8 2020 7.1 15.3 8.9 7.6 38.9 2021 7.7 17.0 8.9 8.8 42.4 2022 8.4 15.8 6.5 8.2 38.9 2023 9.1 18.5 7.2 8.9 43.7 2024 to 2028 58.7 81.6 34.4 49.7 224.4 Weighted average duration - in years 14.00 3.78 4.26 8.25 6.71
Schedule of sensitivity analysis of post-employment plans	Assumptions utilized (+) Variation (-) Variation Relevant assumptions Average (%) Actuarial liabilities (1) Average (%) Actuarial liabilities (1) Medical plan Discount rate 9.26% 10.26% (17.0) 8.26% 20.7 Medical inflation 7.12% 8.12% 20.3 6.12% (17.0) F.G.T.S. penalty Discount rate 8.76% 9.76% (5.5) 7.76% 6.1 Wage growth rate 5.18% 6.18% 1.0 4.18% (0.9) Turnover Historical +3% (18.9) -3% 25.8 (1)

26. PROVISION FOR TAX, CIVIL _2

26. PROVISION FOR TAX, CIVIL AND LABOR RISKS (Tables)	12 Months Ended
	Dec. 31, 2018
Provision For Tax Civil And Labor Risks Tables Abstract
Schedule of contingencies for probable losses	Tax Labor Civil, commercial and other Contingent liabilities Total 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 12.31.18 12.31.17 Beginning balance 303.4 281.7 691.7 479.7 407.5 122.5 370.6 499.9 1,773.2 1,383.8 Additions 42.3 177.1 390.9 704.0 58.1 164.1 - 11.0 491.3 1,056.2 Business combination - - - 1.8 - - - - - 1.8 Reversals (128.9) (50.8) (325.8) (270.8) (169.0) (75.1) (0.8) (139.5) (624.5) (536.2) Payments (5.0) (127.0) (324.6) (338.9) (26.0) (43.3) - - (355.6) (509.2) Price index update 39.4 26.6 120.5 128.5 32.3 242.0 - - 192.2 397.1 Exchange rate variation (8.5) (4.2) (37.9) (12.6) (8.9) (2.7) (0.1) (0.8) (55.4) (20.3) Transfer - held for sale (1) (12.6) - (46.2) - (12.0) - (0.1) - (70.9) - Ending balance 230.1 303.4 468.6 691.7 282.0 407.5 369.6 370.6 1,350.3 1,773.2 Current 495.6 536.1 Non-current 854.7 1,237.1

27. SHAREHOLDERS' EQUITY (Table

27. SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2018
Shareholders Equity Tables Abstract
Schedule of breakdown of capital stock by nature	12.31.18 12.31.17 12.31.16 Common shares 812,473,246 812,473,246 812,473,246 Treasury shares (1,057,224) (1,333,701) (13,468,001) Outstanding shares 811,416,022 811,139,545 799,005,245
Schedule of rollforward of outstanding shares	Quantity of outstanding of shares 12.31.18 12.31.17 12.31.16 Shares at the beggining of the exercise 811,139,545 799,005,245 809,972,245 Purchase of treasury shares - - (11,107,600) Sale of treasury shares - 12,134,300 140,600 Anticipated transfer of restricted shares 276,477 - - Shares at the end of the exercise 811,416,022 811,139,545 799,005,245
Schedule of shareholders' remuneration	12.31.18 12.31.17 12.31.16 Net profit (Loss) (4,448.1) (1,125.6) (372.4) Dividends calculation base (4,448.1) (1,125.6) (372.4) Remuneration of shareholders' exceeding the mandatory minimum - - 513.2 Total remuneration of shareholders' in the year, as interest on shareholders' equity - - 513.2 Withholding income tax on interest on shareholders' equity - - (77.0) Remuneration of shareholders', net of withholding income tax - - 436.2 Dividends paid per share - - 0.76410 Payment of interest on shareholders' equity, paid in 2016 - gross of withholding income tax of R$76,982 - - (513.2) Paid in the previous period - interest on shareholders' equity of 2015 - gross withholding income tax of R$48,318 - - (473.4) Dividends paid related to 2015 - - (189.7) Payments made during in the year - - (1,176.3) Remaining amounts outstanding 1,018.0 1,723.0 2,307.0 Interest on shareholders' equity outstanding 1,018.0 1,723.0 2,307.0
Schedule of profit distribution/Loss absorption	Loss absorption Reserve balances Limit on capital % 12.31.18 12.31.17 12.31.18 12.31.17 Actuarial loss FAF - (18.5) (16.8) - - Legal reserve 20 (101.4) (438.8) - 101.4 Capital increase reserve 20 - (30.3) - - Reserve for tax incentives - - (639.7) - - (119.9) (1,125.6) - 101.4
Schedule of capital reserve	Capital Reserves 12.31.18 12.31.17 12.31.16 Result on disposal of shares (40.7) (40.7) (40.7) Granted shares canceled (32.4) (32.4) (32.4) Valuation of stock exchange 166.2 166.2 166.2 Shares based payment 262.3 261.8 236.2 Goodwill on acquisition of non-controlling entities (40.5) (40.5) (47.4) Acquisition of non-controlling entities (199.3) (199.3) (240.9) Loss on the change in equity interest - Subsidiaries (0.2) - - 115.4 115.1 41.0
Schedule of treasury shares	Quantity of outstanding of shares 12.31.18 12.31.17 Shares at the beggining of the exercise 1,333,701 13,468,001 Sale of treasury shares - (12,134,300) Anticipated transfer of restricted shares (276,477) - Shares at the end of the exercise 1,057,224 1,333,701
Schedule of Breakdown of the capital by owner	12.31.18 12.31.17 Shareholders Quantity % Quantity % Major shareholders Fundação Petrobras de Seguridade Social - Petros (1) 93,226,766 11.47 92,716,266 11.41 Caixa de Previd. dos Func. Do Banco do Brasil (1) 86,506,952 10.65 86,605,452 10.66 Management Board of Directors 6,376,083 0.78 41,220,470 5.07 Executives 31,662 0.00 157,546 0.02 Treasury shares 1,057,224 0.13 1,333,701 0.16 Other 625,274,559 76.97 590,439,811 72.68 812,473,246 100.00 812,473,246 100.00

28. LOSS PER SHARE (Tables)

28. LOSS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2018
Loss Per Share
Schedule of earnings per share	Continued operations 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (2,115.0) (984.2) (107.8) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (2.60691) (1.22486) (0.13442) Diluted numerator Loss for the year attributable to controlling shareholders (2,115.0) (984.2) (107.8) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (2.60691) (1.22486) (0.13442) Discontinued operations 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (2,333.1) (141.3) (264.6) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (2.87577) (0.17588) (0.32996) Diluted numerator Loss for the year attributable to controlling shareholders (2,333.1) (141.3) (264.6) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (2.87577) (0.17588) (0.32996) 12.31.18 12.31.17 12.31.16 Basic numerator Loss for the year attributable to controlling shareholders (4,448.1) (1,125.6) (372.4) Basic denominator Common shares 812,473,246 812,473,246 812,473,246 Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Loss per share basic - R$ (5.48267) (1.40073) (0.46437) Diluted numerator Loss for the year attributable to controlling shareholders (4,448.1) (1,125.6) (372.4) Diluted denominator Weighted average number of outstanding shares - basic 811,294,251 803,559,763 801,903,266 Weighted average number of outstanding shares - diluted 811,294,251 803,559,763 801,903,266 Loss per share diluted - R$ (5.48267) (1.40073) (0.46437)

30. RELATED PARTIES (Tables)

30. RELATED PARTIES (Tables)	12 Months Ended
	Dec. 31, 2018
Related Parties
Schedule of the balances and rates charged for the transactions	Consolidated 12.31.18 12.31.17 12.31.16 Salary and profit sharing 40.1 32.8 27.5 Short term benefits (1) - 0.4 0.3 Private pension 0.6 0.6 0.8 Post-employment benefits 0.1 0.2 0.2 Termination benefits 10.1 5.8 5.9 Share-based payment 5.6 17.0 16.8 56.5 56.8 51.5 (1) Comprises: Medical assistance, educational expenses and others.
Schedule of total remuneration and benefits paid to professionals	Amounts of revenues (expenses) Companies Type of transactions 12.31.18 12.31.17 12.31.16 Corall Consultoria Ltda (2) Corall provided consulting services to BRF - - (1.8) Edavila Consultoria Empresarial Eireli (1) Edavila provided consulting services to BRF - (0.5) (0.3) Hortigil Hortifruti S.A. ("Hortigil") (2) BRF sells products to Hortigil - - 3.5 Instituto de Desenvolvimento Gerencial S.A.("Instituto") (2) Instituto provided consulting services to BRF - (0.9) (5.0) (1) Entity on which BRF has no equity interest, but have relationship with the Board of Directors, and provided services to the Company related international marketing and innovation. (2) Entities are no longer related parties, because Board of Director member has no more relationship with them.

31. NET SALES (Tables)

31. NET SALES (Tables)	12 Months Ended
	Dec. 31, 2018
Net Sales Tables Abstract
Schedule of net sales	12.31.18 Restated Restated Gross sales Brazil 20,651.2 19,350.0 18,621.1 Halal 9,040.7 7,494.3 6,877.2 International 4,963.1 5,796.0 6,289.3 Other segments 958.4 895.5 941.7 35,613.4 33,535.8 32,729.3 Sales deductions Brazil (4,366.4) (4,161.4) (3,813.1) Halal (747.4) (800.3) (650.6) International (195.9) (182.5) (289.2) Other segments (115.3) (77.5) (92.5) (5,425.0) (5,221.7) (4,845.4) Net sales Brazil 16,284.8 15,188.6 14,808.0 Halal 8,293.3 6,694.0 6,226.6 International 4,676.2 5,613.5 6,000.1 Other segments 843.1 818.0 849.2 30,188.4 28,314.1 27,883.9

33. OTHER OPERATING INCOME (E_2

33. OTHER OPERATING INCOME (EXPENSES), NET (Tables)	12 Months Ended
	Dec. 31, 2018
Other Operating Income Expenses Net Tables Abstract
Schedule of other operating income (expense)	12.31.18 Restated Restated Income Recovery of expenses (1) 285.3 119.9 99.9 Provision reversal 27.9 13.4 56.1 Scrap sales 14.7 14.5 14.4 Gain on step business combination - - 59.6 Gain from the disposal of property, plant and equipment - - 27.2 Tax amnesty program ("PERT") - 147.7 - Other 59.8 87.4 19.2 387.7 382.9 276.4 Expenses Expenses arising from Trapaça Operation (2) (78.9) (78.3) - Net loss from the disposals of property, plant and equipment (59.6) (21.2) - Rewards and short-term incentive (47.0) (101.5) (7.0) Costs on business disposed (27.8) (36.7) - Other employees benefits (25.0) (33.2) (28.9) Provision for civil and tax risks (18.0) (180.8) (109.0) Restructuring (17.8) (14.9) - Demobilization expenses (14.8) (44.7) - Insurance claims costs (9.4) (25.1) (32.7) Expected credit losses (2.7) (13.6) (5.5) Management profit sharing - - (3.4) Idleness costs - - (0.2) Other (67.4) (166.3) (88.7) (368.4) (716.3) (275.4) 19.3 (333.4) 1.0

34. FINANCIAL INCOME (EXPENSE_2

34. FINANCIAL INCOME (EXPENSES), NET (Tables)	12 Months Ended
	Dec. 31, 2018
Financial Income Expenses Net Tables Abstract
Schedule of finance income	12.31.18 Restated Restated Financial income Interest on assets 596.4 302.5 313.8 Exchange rate variation on other assets 404.6 - 327.7 Exchange rate variation on net assets of foreign subsidiaries (1) 330.5 213.5 - Interest on cash and cash equivalents 159.3 267.8 188.4 Interests on financial assets classified as Amortized cost 98.6 61.7 84.8 Fair value throught profit and loss 14.5 19.8 43.6 Fair value throught other comprehensive income 0.7 8.2 - Exchange rate variation on marketable securities 45.0 - 56.2 Tax amnesty program ("PERT") - 302.1 - Exchange rate variation on other liabilities - 388.1 - Exchange rate variation on loans and financing - - 1,322.0 1,649.6 1,563.7 2,336.5 Financial expenses Interest on loans and financing (1,281.8) (1,367.7) (1,100.8) Exchange rate variation on loans and financing (1,265.9) (190.4) - Adjustment to present value (277.4) (283.3) (353.6) Interest on liabilities (246.0) (469.2) (269.6) Losses on derivative transactions, net (212.7) (117.2) (1,080.7) Exchange rate variation on other liabilities (169.5) - (514.0) Losses price to be fixed transactions (112.8) (22.3) (76.4) Taxes on financial transactions (79.3) (81.4) - Impairment on marketable securities (7.6) - - Exchange rate variation on other assets - (593.5) - Exchange rate variation on marketable securities - (94.6) - Exchange rate variation on net assets of foreign subsidiaries - - (660.5) Premium paid for the repurchase of bonds (Tender Offer) - - (31.8) Others (238.1) (225.9) (190.0) (3,891.1) (3,445.5) (4,277.4) (2,241.5) (1,881.8) (1,940.9)

35. STATEMENT OF INCOME BY NA_2

35. STATEMENT OF INCOME BY NATURE (Tables)	12 Months Ended
	Dec. 31, 2018
Statement Of Income By Nature Tables Abstract
Schedule of statement of income by nature	12.31.18 Restated Restated Costs of sales Raw materials and consumables (1) 17,790.9 15,024.9 14,458.1 Depreciation 1,381.2 1,305.0 1,162.0 Amortization 78.6 91.2 5.4 Salaries and employees benefits 3,637.7 3,679.9 3,448.9 Others 2,432.3 2,500.2 1,859.6 25,320.7 22,601.2 20,934.0 Sales expenses Depreciation 69.5 64.1 63.6 Amortization 65.6 65.5 12.0 Salaries and employees benefits 1,190.2 1,210.7 1,133.9 Indirect and direct logistics expenses (2) 2,260.4 2,034.6 1,965.0 Marketing 508.0 462.1 709.0 Others 419.9 371.7 637.7 4,513.6 4,208.7 4,521.2 Administrative expenses Depreciation 21.5 28.1 21.0 Amortization 78.7 38.3 119.6 Salaries and employees benefits 260.6 215.3 191.0 Fees 28.6 30.9 28.4 Others 161.7 149.9 82.6 551.1 462.5 442.6 Impairment Loss on Trade and Other Receivables Impairment Loss on Trade and Other Receivables 46.3 67.5 53.5 46.3 67.5 53.5 Other operating expenses (3) Depreciation 52.1 40.1 26.2 Others 316.3 676.2 249.2 368.4 716.3 275.4

36. INSURANCE COVERAGE (Tables)

36. INSURANCE COVERAGE (Tables)	12 Months Ended
	Dec. 31, 2018
Insurance Coverage Tables Abstract
Schedule of insurance coverage	12.31.18 Assets covered Coverage Amount of coverage Operational risks Coverage against damage to buildings, facilities, inventory, machinery and equipment, loss of profits 1,067.5 Carriage of goods Coverage of goods in transit and in inventories 981.5 Civil responsability Third party complaints 310.0

1. COMPANY'S OPERATIONS (Detail

1. COMPANY'S OPERATIONS (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Entity 1
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Energia S.A.
Main activity	Commercialization of eletric energy
Country	Brazil
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 2
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF GmbH
Main activity	Holding
Country	Austria
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 3
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Foods LLC
Main activity	Import and commercialization of products
Country	Russia
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.90%	99.90%
Entity 4
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF France SARL
Main activity	Marketing and logistics services
Country	France
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 5
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Global Company Nigeria Ltd.
Main activity	Marketing and logistics services
Country	Nigeria
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.00%	99.00%
Entity 6
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Global Company South Africa Proprietary Ltd.
Main activity	Import and commercialization of products
Country	South Africa
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 7
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Global Company Nigeria Ltd.
Main activity	Marketing and logistics services
Country	Nigeria
Participation	Indirect
Accounting method	Consolidated
% equity interest	1.00%	1.00%
Entity 8
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Global GmbH
Main activity	Holding and trading
Country	Austria
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 9
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Foods LLC
Main activity	Import and commercialization of products
Country	Russia
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.10%	0.10%
Entity 10
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Qualy 5201 B.V.
Main activity	Import, commercialization of products and holding
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 11
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Xamol Consultores Serviços Ltda.
Main activity	Import and commercialization of products
Country	Portugal
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 12
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Japan KK
Main activity	Marketing and logistics services
Country	Japan
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 13
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Korea LLC
Main activity	Marketing and logistics services
Country	Korea
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 14
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Shanghai Management Consulting Co. Ltd.
Main activity	Advisory and related services
Country	China
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 15
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Shanghai Trading Co. Ltd.
Main activity	Commercialization and distribution of products
Country	China
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 16
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Singapore PTE Ltd.
Main activity	Marketing and logistics services
Country	Singapore
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 17
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Germany GmbH
Main activity	Import and commercialization of products
Country	Germany
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 18
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF GmbH Turkiye Irtibat
Main activity	Import and commercialization of products
Country	Turkey
Participation	Indirect
Accounting method	Consolidated
% equity interest		100.00%
Entity 19
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Holland B.V.
Main activity	Import and commercialization of products
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 20
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Campo Austral S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	2.66%	100.00%
Entity 21
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Eclipse Holding Cöoperatief U.A.
Main activity	Holding
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.01%	2.66%
Entity 22
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF B.V.
Main activity	Industrialization, import and commercialization of products
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	0.01%
Entity 23
DisclosureCompanyOperationsLineItems [Line Items]
Entity	ProudFood Lda
Main activity	Import and commercialization of products
Country	Angola
Participation	Indirect
Accounting method	Consolidated
% equity interest	10.00%	100.00%
Entity 24
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Hungary LLC
Main activity	Import and commercialization of products
Country	Hungary
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	10.00%
Entity 25
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Iberia Alimentos SL
Main activity	Import and commercialization of products
Country	Spain
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 26
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Invicta Ltd.
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	69.16%	100.00%
Entity 27
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Invicta Food Products Ltd.
Main activity	Import and commercialization of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	69.16%
Entity 28
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Wrexham Ltd.
Main activity	Industrialization, import and commercialization of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 29
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Invicta Food Group Ltd.
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 30
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Invicta Foods Ltd.
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 31
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Invicta Foodservice Ltd.
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 32
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Universal Meats (UK) Ltd.
Main activity	Import, Industrialization, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 33
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Italia SPA
Main activity	Import and commercialization of products
Country	Italy
Participation	Indirect
Accounting method	Consolidated
% equity interest	67.00%	100.00%
Entity 34
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Compañía Paraguaya Comercial S.A.
Main activity	Import and commercialization of products
Country	Paraguay
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.00%	67.00%
Entity 35
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Campo Austral S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	50.48%	99.00%
Entity 36
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Itega S.A.
Main activity	Holding
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	96.00%	50.48%
Entity 37
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Eclipse Holding Cöoperatief U.A.
Main activity	Holding
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.99%	96.00%
Entity 38
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Buenos Aires Fortune S.A.
Main activity	Holding
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	5.00%	99.99%
Entity 39
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Campo Austral S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	8.44%	5.00%
Entity 40
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Eclipse Latam Holdings
Main activity	Holding
Country	Spain
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	8.44%
Entity 41
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Buenos Aires Fortune S.A.
Main activity	Holding
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	95.00%	100.00%
Entity 42
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Campo Austral S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	6.53%	95.00%
Entity 43
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Campo Austral S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	31.89%	6.53%
Entity 44
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Itega S.A.
Main activity	Holding
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	4.00%	31.89%
Entity 45
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Foods Poultry Limited
Main activity	Holding
Country	Thailand
Participation	Indirect
Accounting method	Consolidated
% equity interest	48.52%	4.00%
Entity 46
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Poultry Siam Limited
Main activity	Holding
Country	Thailand
Participation	Indirect
Accounting method	Consolidated
% equity interest	51.84%	48.52%
Entity 47
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Poultry Siam Limited
Main activity	Holding
Country	Thailand
Participation	Indirect
Accounting method	Consolidated
% equity interest	48.16%	51.84%
Entity 48
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Thailand Limited
Main activity	Import, Industrialization, commercialization and distribution of products
Country	Thailand
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	48.16%
Entity 49
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Feed Thailand Limited
Main activity	Import, Industrialization, commercialization and distribution of products
Country	Thailand
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 50
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Foods Sales (Europe) Limited
Main activity	Holding and trading
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 51
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Quality Foods Europe BV
Main activity	Import, commercialization and distribution of products
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 52
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Quality Foods Netherlands BV
Main activity	Import, commercialization and distribution of products
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 53
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Foods Siam Europe Limited
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 54
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Golden Quality Poultry (UK) Ltd
Main activity	Import, commercialization and distribution of products
Country	England
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 55
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Perdigão Europe Lda.
Main activity	Import and export of products
Country	Portugal
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 56
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Perdigão International Ltd.
Main activity	Import and export of products
Country	Cayman Island
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 57
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BFF International Ltd.
Main activity	Financial fundraising
Country	Cayman Island
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 58
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Highline International
Main activity	Financial fundraising
Country	Cayman Island
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 59
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Overseas Ltd.
Main activity	Financial fundraising
Country	Cayman Island
Participation	Indirect
Accounting method	Consolidated
% equity interest	98.00%	100.00%
Entity 60
DisclosureCompanyOperationsLineItems [Line Items]
Entity	ProudFood Lda
Main activity	Import and commercialization of products
Country	Angola
Participation	Indirect
Accounting method	Consolidated
% equity interest	90.00%	98.00%
Entity 61
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Chile S.A.
Main activity	Import and commercialization of products
Country	Chile
Participation	Indirect
Accounting method	Consolidated
% equity interest	40.00%	90.00%
Entity 62
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Foods GmbH
Main activity	Import and commercialization of products
Country	Germany
Participation	Indirect
Accounting method	Consolidated
% equity interest		40.00%
Entity 63
DisclosureCompanyOperationsLineItems [Line Items]
Entity	SATS BRF Food PTE Ltd.
Main activity	Import, industrialization, commercialization and distribution of products
Country	Singapore
Participation	Joint venture
Accounting method	Equity pick-up
% equity interest	49.00%	100.00%
Entity 64
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Global Namíbia
Main activity	Import and commercialization of products
Country	Namibia
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	49.00%
Entity 65
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Wellax Food Logistics C.P.A.S.U. Lda.
Main activity	Import and commercialization of products
Country	Portugal
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 66
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Luxembourg Sarl
Main activity	Holding
Country	Luxemburgo
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 67
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Austria GmbH
Main activity	Holding
Country	Austria
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 68
DisclosureCompanyOperationsLineItems [Line Items]
Entity	One Foods Holdings Ltd
Main activity	Holding
Country	United Arab Emirates
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 69
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Al-Wafi Food Products Factory LLC
Main activity	Industrialization and commercialization of products
Country	United Arab Emirates
Participation	Indirect
Accounting method	Consolidated
% equity interest	49.00%	100.00%
Entity 70
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Badi Ltd.
Main activity	Holding
Country	United Arab Emirates
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	49.00%
Entity 71
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Al-Wafi Al-Takamol International for Foods Products
Main activity	Import and commercialization of products
Country	Saudi Arabia
Participation	Indirect
Accounting method	Consolidated
% equity interest	75.00%	100.00%
Entity 72
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Al Yasra Food K.S.C.C. (""BRF AFC"")
Main activity	Import, commercialization and distribution of products
Country	Kuwait
Participation	Indirect
Accounting method	Consolidated
% equity interest	49.00%	75.00%
Entity 73
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Foods GmbH
Main activity	Industrialization, import and commercialization of products
Country	Austria
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	49.00%
Entity 74
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Al Khan Foodstuff LLC (""AKF"")
Main activity	Import, commercialization and distribution of products
Country	Oman
Participation	Indirect
Accounting method	Consolidated
% equity interest	70.00%	100.00%
Entity 75
DisclosureCompanyOperationsLineItems [Line Items]
Entity	FFM Further Processing Sdn. Bhd.
Main activity	Industrialization, import and commercialization of products
Country	Malaysia
Participation	Indirect
Accounting method	Consolidated
% equity interest	70.00%	70.00%
Entity 76
DisclosureCompanyOperationsLineItems [Line Items]
Entity	FFQ GmbH
Main activity	Industrialization, import and commercialization of products
Country	Austria
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	70.00%
Entity 77
DisclosureCompanyOperationsLineItems [Line Items]
Entity	SHB Comércio e Indústria de Alimentos S.A.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Indirect
Accounting method	Consolidated
% equity interest
Entity 78
DisclosureCompanyOperationsLineItems [Line Items]
Entity	TBQ Foods GmbH
Main activity	Holding
Country	Austria
Participation	Indirect
Accounting method	Consolidated
% equity interest	60.00%	99.99%
Entity 79
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Banvit Bandirma Vitaminli
Main activity	Industrialization and commercialization of products
Country	Turkey
Participation	Indirect
Accounting method	Consolidated
% equity interest	91.71%	60.00%
Entity 80
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Banvit Enerji ve Elektrik Üretim Ltd. Sti.
Main activity	Commercialization of eletric energy
Country	Turkey
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	91.71%
Entity 81
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Banvit Foods SRL
Main activity	Industrialization of grains and animal feed
Country	Romania
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.01%	100.00%
Entity 82
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Nutrinvestments BV
Main activity	Holding
Country	The Netherlands
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	0.01%
Entity 83
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Banvit ME FZE
Main activity	Marketing and logistics services
Country	United Arab Emirates
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	100.00%
Entity 84
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Banvit Foods SRL
Main activity	Industrialization of grains and animal feed
Country	Romania
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.99%	100.00%
Entity 85
DisclosureCompanyOperationsLineItems [Line Items]
Entity	One Foods Malaysia SDN. BHD.
Main activity	Marketing and logistics services
Country	Malaysia
Participation	Indireta
Accounting method	Consolidated
% equity interest	100.00%	99.99%
Entity 86
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Federal Foods LLC
Main activity	Import, commercialization and distribution of products
Country	United Arab Emirates
Participation	Indirect
Accounting method	Consolidated
% equity interest	49.00%	100.00%
Entity 87
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Federal Foods Qatar
Main activity	Import, commercialization and distribution of products
Country	Qatar
Participation	Indirect
Accounting method	Consolidated
% equity interest	49.00%	49.00%
Entity 88
DisclosureCompanyOperationsLineItems [Line Items]
Entity	SHB Comércio e Indústria de Alimentos S.A.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Indirect
Accounting method	Consolidated
% equity interest		49.00%
Entity 89
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Hong Kong LLC
Main activity	Import, commercialization and distribution of products
Country	Hong Kong
Participation	Indirect
Accounting method	Consolidated
% equity interest	100.00%	0.01%
Entity 90
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Establecimiento Levino Zaccardi y Cia. S.A.
Main activity	Industrialization and commercialization of dairy products
Country	Argentina
Participation	Direct
Accounting method	Consolidated
% equity interest	99.94%	100.00%
Entity 91
DisclosureCompanyOperationsLineItems [Line Items]
Entity	BRF Pet S.A.
Main activity	Industrialization and commercialization and distribution of feed and nutrients for animals
Country	Brazil
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	99.94%
Entity 92
DisclosureCompanyOperationsLineItems [Line Items]
Entity	PP-BIO Administração de bem próprio S.A.
Main activity	Management of assets
Country	Brazil
Participation	Affiliate
Accounting method	Equity pick-up
% equity interest	66.66%	100.00%
Entity 93
DisclosureCompanyOperationsLineItems [Line Items]
Entity	PSA Laboratório Veterinário Ltda.
Main activity	Veterinary activities
Country	Brazil
Participation	Direct
Accounting method	Consolidated
% equity interest	99.99%	33.33%
Entity 94
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sino dos Alpes Alimentos Ltda.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Indirect
Accounting method	Consolidated
% equity interest	99.99%	99.99%
Entity 95
DisclosureCompanyOperationsLineItems [Line Items]
Entity	PR-SAD Administração de bem próprio S.A.
Main activity	Management of assets
Country	Brazil
Participation	Affiliate
Accounting method	Equity pick-up
% equity interest		99.99%
Entity 96
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Quickfood S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Direct
Accounting method	Consolidated
% equity interest	91.21%	33.33%
Entity 97
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Alimentos S.A.
Main activity	Holding
Country	Argentina
Participation	Direct
Accounting method	Consolidated
% equity interest	43.10%	91.21%
Entity 98
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Avex S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	33.98%	43.10%
Entity 99
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia International Ltd.
Main activity	Import and commercialization of products
Country	Cayman Island
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	33.98%
Entity 100
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Chile S.A.
Main activity	Import and commercialization of products
Country	Chile
Participation	Indirect
Accounting method	Consolidated
% equity interest	60.00%	100.00%
Entity 101
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Uruguay S.A.
Main activity	Import and commercialization of products
Country	Uruguay
Participation	Indirect
Accounting method	Consolidated
% equity interest	5.10%	60.00%
Entity 102
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Avex S.A.
Main activity	Industrialization and commercialization of products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	66.02%	5.10%
Entity 103
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Compañía Paraguaya Comercial S.A.
Main activity	Import and commercialization of products
Country	Paraguay
Participation	Indirect
Accounting method	Consolidated
% equity interest	1.00%	66.02%
Entity 104
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Alimentos S.A.
Main activity	Holding
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	56.90%	1.00%
Entity 105
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Overseas Ltd.
Main activity	Financial fundraising
Country	Cayman Island
Participation	Direct
Accounting method	Consolidated
% equity interest	2.00%	56.90%
Entity 106
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sadia Uruguay S.A.
Main activity	Import and commercialization of products
Country	Uruguay
Participation	Direct
Accounting method	Consolidated
% equity interest	94.90%	2.00%
Entity 107
DisclosureCompanyOperationsLineItems [Line Items]
Entity	SHB Comércio e Indústria de Alimentos S.A.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Direct
Accounting method	Consolidated
% equity interest		94.90%
Entity 108
DisclosureCompanyOperationsLineItems [Line Items]
Entity	UP Alimentos Ltda.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Affiliate
Accounting method	Equity pick-up
% equity interest	50.00%
Entity 109
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Vip S.A. Empreendimentos e Participações Imobiliárias
Main activity	Commercialization of owned real state
Country	Brazil
Participation	Direct
Accounting method	Consolidated
% equity interest	100.00%	50.00%
Entity 110
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Establecimiento Levino Zaccardi y Cia. S.A.
Main activity	Industrialization and commercialization of dairy products
Country	Argentina
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.06%	100.00%
Entity 111
DisclosureCompanyOperationsLineItems [Line Items]
Entity	PSA Laboratório Veterinário Ltda.
Main activity	Veterinary activities
Country	Brazil
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.01%	0.06%
Entity 112
DisclosureCompanyOperationsLineItems [Line Items]
Entity	Sino dos Alpes Alimentos Ltda.
Main activity	Industrialization and commercialization of products
Country	Brazil
Participation	Indirect
Accounting method	Consolidated
% equity interest	0.01%	0.01%

3. SUMMARY OF SIGNIFICANT ACC_4

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) R$ in Millions	12 Months Ended
	Dec. 31, 2017BRL (R$)
DisclosureOfIFRSAdoptionLineItems [Line Items]
Impact on 01.01.18	R$ 14.5
Increase in expected credit losses with trade accounts receivable
DisclosureOfIFRSAdoptionLineItems [Line Items]
Impact on 01.01.18	12.6
Increase in expected credit losses with notes receivable
DisclosureOfIFRSAdoptionLineItems [Line Items]
Impact on 01.01.18	6.5
Increase in expected credit losses with financial investments
DisclosureOfIFRSAdoptionLineItems [Line Items]
Impact on 01.01.18	1.4
Deferred taxes
DisclosureOfIFRSAdoptionLineItems [Line Items]
Impact on 01.01.18	R$ 6.0

3. SUMMARY OF SIGNIFICANT ACC_5

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Thailand, Baht
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.1198	0.1015
Average rates	0.1130	0.0942
Kuwait, Dinars
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	12.7755	10.9791
Average rates	12.1043	10.5318
United Arab Emirates, Dirhams
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	1.0550	0.9006
Average rates	0.9950	0.8692
Singapore, Dollars
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	2.8464	2.4753
Average rates	2.7071	2.3130
USD
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	3.8748	3.3080
Average rates	3.6545	3.1920
Vietnamese Dong
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0002	0.0002
Average rates	0.0002	0.0001
Hong Kong dollar
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.4948	0.4233
Average rates	0.4663	0.4096
Euro Member Countries, Euro
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	4.4390	3.9693
Average rates	4.3092	3.6071
Hungary, Forint
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0138	0.0128
Average rates	0.0135	0.0117
Japan, Yen
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0353	0.0294
Average rates	0.0331	0.0285
Romanian leu
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.9527	0.8511
Average rates	0.9265	0.7896
United Kingdom, Pounds
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	4.9617	4.4714
Average rates	4.8701	4.1150
Turkish Liras
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.7331	0.8752
Average rates	0.7696	0.8759
Argentina, Pesos
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.1029	0.1755
Average rates	0.1369	0.1934
Chile, Pesos
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0056	0.0054
Average rates	0.0057	0.0049
Uruguay, Pesos
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.1199	0.1149
Average rates	0.1190	0.1115
South Africa, Rand
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.2699	0.2690
Average rates	0.2764	0.2401
China, Yuan Renminbi
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.5636	0.5087
Average rates	0.5521	0.4726
Saudi Arabia, Riyals
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	1.0330	0.8821
Average rates	0.9744	0.8512
Qatar, Rials
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	1.0643	0.9088
Average rates	1.0039	0.8727
Oman, Rials
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	10.0696	8.6011
Average rates	9.4947	8.2978
Malaysia, Ringgits
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.9382	0.8180
Average rates	0.9053	0.7435
Rubles
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0556	0.0574
Average rates	0.0582	0.0548
Korea (South), Won
SummaryOfSignificantAccountingPoliciesDetailsItemsLineItems [Line Items]
Exchange rate	0.0035	0.0031
Average rates	0.0033	0.0028

3. SUMMARY OF SIGNIFICANT ACC_6

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary Of Significant Accounting Policies Details 2Abstract
Accumulated inflation rates	48.01%	24.80%	34.60%

4. FINANCIAL INSTRUMENTS AND _3

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
FinancialInstrumentsAndRiskManagementLineItems [Line Items]
Foreign currency debt - Current	R$ 1470.3	R$ 1438.6
Foreign currency debt - Noncurrent	10,068.1	9,662.7
Foreign currency debt	11,538.4	11,101.3
Local currency debt	3,077.1	3,592.8
Local currency debt	7,550	5,750.3
Local currency debt	10,627.1	9,343.1
Derivative financial instruments liabilities	518.3	602.6
Derivative financial instruments liabilities	1,108	1,124.8
Gross debt	4,547.4	5,031.4
Gross debt	17,618.1	15,413
Gross debt	22,165.5	20,444.4
Derivative financial instruments assets	683.7	961.1
Derivative financial instruments assets	177.4	87.2
Restricted cash	277.3	127.8
Restricted cash	584.3	407.8
Capital Management [Member]
FinancialInstrumentsAndRiskManagementLineItems [Line Items]
Foreign currency debt - Current	(1,470.3)
Foreign currency debt - Noncurrent	(10,068)
Foreign currency debt	(11,538.3)	(11,101.3)
Local currency debt	(3,077.1)
Local currency debt	(7,550)
Local currency debt	(10,627.1)	(9,343)
Derivative financial instruments liabilities	(235)
Derivative financial instruments liabilities	0
Derivative financial instruments liabilities	(235)	(299.5)
Gross debt	(4,782.4)
Gross debt	(17,618)
Gross debt	(22,400.4)	(20,743.8)
Marketable securities and cash and cash equivalents	5,376.6
Marketable securities and cash and cash equivalents	290.6
Marketable securities and cash and cash equivalents	5,667.2	6,808.1
Derivative financial instruments assets	182.3
Derivative financial instruments assets	0
Derivative financial instruments assets	182.3	90.5
Restricted cash	277.3
Restricted cash	584.3
Restricted cash	861.6	535.6
Net debt	1,053.8
Net debt	(16,743.1)
Net debt	R$ 15689.3	R$ 13309.6

4. FINANCIAL INSTRUMENTS AND _4

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 1) - Liquidity Risk [Member] R$ in Millions	Dec. 31, 2018BRL (R$)
Non Derivative Financial Liabilities [Member] | Loans And Financing [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	R$ 12419.0
Cash flow contracted	14,324.4
2019	4,791.9
2020	3,644.7
2021	3,617.6
2022	613.4
2023	1,656.8
2024 onwards	0
Non Derivative Financial Liabilities [Member] | BRF Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	7,487.8
Cash flow contracted	8,965.1
2019	302.6
2020	302.6
2021	302.6
2022	2,968.4
2023	2,113.7
2024 onwards	2,975.2
Non Derivative Financial Liabilities [Member] | BFF Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	343
Cash flow contracted	369.9
2019	24.2
2020	345.7
2021	0
2022	0
2023	0
2024 onwards	0
Non Derivative Financial Liabilities [Member] | BRF GMBH Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	1,915.7
Cash flow contracted	2,611.6
2019	84.3
2020	84.3
2021	84.3
2022	84.3
2023	84.3
2024 onwards	2,190.1
Non Derivative Financial Liabilities [Member] | Trade Accounts Payable [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	5,516.9
Cash flow contracted	5,564.9
2019	5,564.9
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Non Derivative Financial Liabilities [Member] | Supply Chain Finance [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	885.8
Cash flow contracted	885.8
2019	885.8
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Non Derivative Financial Liabilities [Member] | Financial Lease [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	215.4
Cash flow contracted	305.5
2019	82.5
2020	56.2
2021	29.6
2022	23.6
2023	19.6
2024 onwards	94
Non Derivative Financial Liabilities [Member] | Operational Lease [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	0
Cash flow contracted	2,126.4
2019	421.7
2020	103.7
2021	108.4
2022	49.4
2023	157.3
2024 onwards	1,285.9
Derivative Financial Liabilities [Member] | BRF Bonds [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	0
Cash flow contracted	0
2019	0
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Currency Derivatives (NDF) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	21
Cash flow contracted	17.1
2019	17.1
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Currency Derivatives (NDF) [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	12.3
Cash flow contracted	36.1
2019	36.1
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities derivatives - Corn (NDF) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	3.5
Cash flow contracted	3.5
2019	3.5
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities derivatives - Soybean Meal (NDF) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	2.7
Cash flow contracted	2.7
2019	2.7
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities derivatives - Soybean Oil (NDF) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	4.3
Cash flow contracted	4.3
2019	4.3
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities derivatives - Soybean (NDF) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	3.3
Cash flow contracted	3.3
2019	3.3
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Currency Derivatives (Options) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	75.8
Cash flow contracted	75.8
2019	75.8
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities Derivatives (Future) [Member] | Designated as Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	0.1
Cash flow contracted	0.1
2019	0.1
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Commodities Derivatives (Future) [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	3.4
Cash flow contracted	3.4
2019	3.4
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Currency Derivatives (Future) [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	9.4
Cash flow contracted	9.4
2019	9.4
2020	0
2021	0
2022	0
2023	0
2024 onwards	0
Derivative Financial Liabilities [Member] | Swap (Index / Currency / Stocks) [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Book value	99.2
Cash flow contracted	98.9
2019	98.9
2020	0
2021	0
2022	0
2023	0
2024 onwards	R$ 0.0

4. FINANCIAL INSTRUMENTS AND _5

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 2) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Fair value	R$ 27.1
Designated as Cash Flow Hedge [Member] | Interest Rate [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	02.01.19
Assets (Hedged object)	LIBOR 6M + 2.70% p.a.
Liabilities (Protected risk)	5.90% p.a.
Notional	R$ 25.0
Fair value	R$ 0.0
Designated as Cash Flow Hedge [Member] | Interest Rate [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	02.01.19
Assets (Hedged object)	LIBOR 6M + 2.70% p.a.
Liabilities (Protected risk)	5.88% p.a.
Notional	R$ 25.0
Fair value	R$ 0.0
Not Designated as Cash Flow Hedge [Member] | Interest Rate [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	04.02.19
Assets (Hedged object)	R$ (Fixed 9.61% p.a.)
Liabilities (Protected risk)	95.00% CDI
Notional	R$ 250.0
Fair value	R$ 13.3
Not Designated as Cash Flow Hedge [Member] | Interest Rate [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	04.02.19
Assets (Hedged object)	R$ (Fixed 9.61% p.a.)
Liabilities (Protected risk)	93.54% CDI
Notional	R$ 249.0
Fair value	R$ 13.8

4. FINANCIAL INSTRUMENTS AND _6

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 3) - Foreign Exchange Risk [Member] - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	R$ 234.8	R$ 55.4
Cash And Cash Equivalents [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	127.3	278.1
Trade Receivables [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	65.8	862.2
Trade Accounts Payable [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	(861.3)	31.4
Loans And Financing [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	(7,348)	(6,136.4)
Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	5,209.2	3,049.7
Investments,Net [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	2,571.9	1,985.7
Other Assets And Liabilities, Net [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exposure in result	R$ 0.3	R$ 15.3

4. FINANCIAL INSTRUMENTS AND _7

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 4) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	R$ 234.8	R$ 55.4
Argentine Pesos
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	1,812.8	1,066.3
Argentine Pesos
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	186.5	187.1
Euro Member Countries, Euro
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(87.7)	(41)
Euro Member Countries, Euro
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(389.4)	(162.8)
Pound Sterling
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(14.4)	2.9
Pound Sterling
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(71.3)	13.1
Yen
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	114.6	1,309.7
Yen
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	4	38.5
Rubles
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	1,649.3	1,334.3
Rubles
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	91.7	76.6
Turkish Liras
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(475.6)	(391.2)
Turkey, New Lira [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	(348.6)	(342.4)
USD
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	75.4	74.2
USD
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net P&L Exposure	R$ 292.3	R$ 245.3

4. FINANCIAL INSTRUMENTS AND _8

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 5) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)Number
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Fair value	R$ 27.1
Currency Non-Deliverable Forwards [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	1st Qtr. 2019
Notional	R$ 127.0
Average rate | Number	4
Fair value	R$ 2.5
Currency Non-Deliverable Forwards [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	1st Qtr. 2019
Notional	R$ 396.0
Average rate | Number	5
Fair value	R$ 9.1
Currency Non-Deliverable Forwards [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	1st Qtr. 2019
Notional	R$ 49.0
Average rate | Number	5
Fair value	R$ 0.7
Futures - B3 [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	02.2019
Notional	R$ 594.8
Average rate | Number	4
Fair value	R$ 9.4
Currency Swap [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	04.2019
Notional	R$ 50.4
Average rate | Number	0
Fair value	R$ 4.4
Currency Swap [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	11.2019
Notional	R$ 55.0
Average rate | Number	0
Fair value	R$ 4.9
Currency Non-Deliverable Forwards [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	1st Qtr. 2019
Notional	R$ 100.0
Average rate | Number	1
Fair value	R$ 2.4
Collar [Member] | Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	1st Qtr. 2019
Notional	R$ 50.0
Average rate | Number	6
Fair value	R$ 0.8

4. FINANCIAL INSTRUMENTS AND _9

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 6) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)Number
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Fair value	R$ 27.1
Cash Flow Hedges - Derivative Instruments [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Fair value	R$ 21.4
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	1st Qtr. 2019
Notional	R$ 70.0
Average rate | Number	4
Fair value	R$ 1.5
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	2nd Qtr. 2019
Notional	R$ 20.0
Average rate | Number	4
Fair value	R$ 0.3
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	3rd Qtr. 2019
Notional	R$ 30.0
Average rate | Number	4
Fair value	R$ 1.2
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Cost
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	1st Qtr. 2019
Notional	R$ 54.8
Average rate | Number	4
Fair value	R$ 4.5
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Cost
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	2nd Qtr. 2019
Notional	R$ 40.8
Average rate | Number	4
Fair value	R$ 0.3
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Cost
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	3rd Qtr. 2019
Notional	R$ 11.7
Average rate | Number	4
Fair value	R$ 2.3
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Cost
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	4th Qtr. 2019
Notional	R$ 2.5
Average rate | Number	4
Fair value	R$ 0.1
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	EUR Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	EUR
Maturity	1st Qtr. 2019
Notional	R$ 10.0
Average rate | Number	4
Fair value	R$ 0.2
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	JPY Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	JPY
Maturity	1st Qtr. 2019
Notional	R$ 6365.6
Average rate | Number	0
Fair value	R$ 1.8
Cash Flow Hedges - Derivative Instruments [Member] | Collar [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	1st Qtr. 2019
Notional	R$ 385.0
Average rate | Number	4
Fair value	R$ 22.8
Cash Flow Hedges - Derivative Instruments [Member] | Collar [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	2nd Qtr. 2019
Notional	R$ 180.0
Average rate | Number	4
Fair value	R$ 3.9
Cash Flow Hedges - Derivative Instruments [Member] | Collar [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	3rd Qtr. 2019
Notional	R$ 80.0
Average rate | Number	4
Fair value	R$ 7.6
Cash Flow Hedges - Derivative Instruments [Member] | Collar [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	4th Qtr. 2019
Notional	R$ 35.0
Average rate | Number	4
Fair value	R$ 1.5
Cash Flow Hedges - Derivative Instruments [Member] | Collar [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	BRL
Liabilities (Protected risk)	US$
Maturity	1st Qtr. 2019
Notional	R$ 25.0
Average rate | Number	4
Fair value	R$ 7.2
Cash Flow Hedges - Non-derivative instruments [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Fair value	R$ 1271.7
Cash Flow Hedges - Non-derivative instruments [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	-
Liabilities (Protected risk)	US$
Maturity	01.2019 to 02.2019
Notional	R$ 33.3
Average rate | Number	2
Fair value	R$ 129.1
Cash Flow Hedges - Non-derivative instruments [Member] | Bond BRF SA BRFSBZ5 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	-
Liabilities (Protected risk)	US$
Maturity	06.2022
Notional	R$ 118.7
Average rate | Number	2
Fair value	R$ 561.4
Cash Flow Hedges - Non-derivative instruments [Member] | Bond BRF SA BRFSBZ3 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItemLineItems [Line Items]
Hedged object	USD Exports
Assets (Hedged object)	-
Liabilities (Protected risk)	US$
Maturity	05.2023
Notional	R$ 150.0
Average rate | Number	2
Fair value	R$ 581.2

4. FINANCIAL INSTRUMENTS AND_10

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 7) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)NumberT
Cash Flow Hedges - Derivative Instruments [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Fair value	R$ 9.1
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean meal purchase - floating price
Index	Soybean meal - CBOT
Maturity	1st Qtr. 2019
Quantity | T	6
Average rate | Number	144.56
Fair value	R$ 1.5
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean meal purchase - floating price
Index	Soybean meal - CBOT
Maturity	2nd Qtr. 2019
Quantity | T	14
Average rate | Number	128.80
Fair value	R$ 0.7
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean meal purchase - floating price
Index	Soybean meal - CBOT
Maturity	3rd Qtr. 2019
Quantity | T	21
Average rate | Number	127.54
Fair value	R$ 0.4
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean meal purchase - floating price
Index	Soybean meal - CBOT
Maturity	4th Qtr. 2019
Quantity | T	10
Average rate | Number	127.21
Fair value	R$ 0.1
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean purchase - fixed price
Index	Soybean - CBOT
Maturity	1st Qtr. 2019
Quantity | T	17
Average rate | Number	356.46
Fair value	R$ 1.8
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean purchase - fixed price
Index	Soybean - CBOT
Maturity	2nd Qtr. 2019
Quantity | T	29
Average rate | Number	342.35
Fair value	R$ 0.9
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	1st Qtr. 2019
Quantity | T	15
Average rate | Number	143.04
Fair value	R$ 0.3
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	2nd Qtr. 2019
Quantity | T	46
Average rate | Number	148.56
Fair value	R$ 0.4
Cash Flow Hedges - Derivative Instruments [Member] | Corn Futures Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - B3
Maturity	1st Qtr. 2019
Quantity | T	10.8
Average rate | Number	599.58
Fair value	R$ 0.0
Cash Flow Hedges - Derivative Instruments [Member] | Corn Futures Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - B3
Maturity	2nd Qtr. 2019
Quantity | T	23.5
Average rate | Number	611.43
Fair value	R$ 0.1
Cash Flow Hedges - Derivative Instruments [Member] | Non-Deliverable Forward Buy [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Soybean oil purchase - floating price
Index	Soybean oil - CBOT
Maturity	1st Qtr. 2019
Quantity | T	10
Average rate | Number	726.42
Fair value	R$ 4.3
Fair Value Hedge - Derivative Instruments [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Fair value	R$ 17.9
Fair Value Hedge - Derivative Instruments [Member] | Non-Deliverable Forward Sell [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	1st Qtr. 2019
Quantity | T	364.7
Average rate | Number	157.56
Fair value	R$ 14.0
Fair Value Hedge - Derivative Instruments [Member] | Non-Deliverable Forward Sell [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	2nd Qtr. 2019
Quantity | T	263.7
Average rate | Number	157.28
Fair value	R$ 4.4
Fair Value Hedge - Derivative Instruments [Member] | Non-Deliverable Forward Sell [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	3rd Qtr. 2019
Quantity | T	84.3
Average rate | Number	153.06
Fair value	R$ 0.6
Fair Value Hedge - Derivative Instruments [Member] | Non-Deliverable Forward Sell [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Hedged object	Corn purchase - floating price
Index	Corn - CBOT
Maturity	1st Qtr. 2019
Quantity | T	22.2
Average rate | Number	157.40
Fair value	R$ 0.1

4. FINANCIAL INSTRUMENTS AND_11

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 8) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
FinancialInstrumentsAndRiskManagementLineItems [Line Items]
Fair value	R$ 99.2
Not Designated As Cash Flow Hedge [Member]
FinancialInstrumentsAndRiskManagementLineItems [Line Items]
Type of risk hedged	Total Return Swap
Maturities	02.2019
Assets (Hedged object)	BRFS3
Liabilities (Protected risk)	110.00% CDI
Value (notional)	R$ 170.0
Fair value	R$ 99.2

4. FINANCIAL INSTRUMENTS AND_12

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 9) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	R$ 1860.8
Settlement	1,268.9
Inventories	(3.5)
Other comprehensive income	264.8
Operating result - income	(423.7)
Operating result - cost	(136.6)
Financial result	(350.7)
Gains and losses with hedge accounting instruments	(1,241.6)
Designated as Cash Flow Hedge [Member] | Interest Derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	(13.3)
Settlement	5.3
Inventories	0
Other comprehensive income	8.5
Operating result - income	0
Operating result - cost	0
Financial result	(0.6)
Gains and losses with hedge accounting instruments	(0.1)
Designated as Cash Flow Hedge [Member] | Foreign Exchange Derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	(161)
Settlement	576.3
Inventories	0
Other comprehensive income	186
Operating result - income	(379.8)
Operating result - cost	(86.1)
Financial result	(113.9)
Gains and losses with hedge accounting instruments	21.5
Designated as Cash Flow Hedge [Member] | Foreign Exchange NonDerivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	(1,679.5)
Settlement	647.9
Inventories	0
Other comprehensive income	81.8
Operating result - income	(43.9)
Operating result - cost	(41.9)
Financial result	(236.2)
Gains and losses with hedge accounting instruments	(1,271.8)
Designated as Cash Flow Hedge [Member] | Commoditive Derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	(8.7)
Settlement	28.4
Inventories	(7.5)
Other comprehensive income	(11.5)
Operating result - income	0
Operating result - cost	(9.8)
Financial result	0
Gains and losses with hedge accounting instruments	(9.1)
Fair Value Hedge [Member] | Commoditive Derivatives [Member]
Disclosure of detailed information about financial instruments [line items]
Gains and losses with hedge accounting instruments	1.7
Settlement	11
Inventories	4
Other comprehensive income	0
Operating result - income	0
Operating result - cost	1.2
Financial result	0
Gains and losses with hedge accounting instruments	R$ 17.9

4. FINANCIAL INSTRUMENTS AND_13

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 10) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)	Dec. 31, 2017
USD
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exchange rate	3.8748	3.3080
USD | Current Scenario [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 7.5
USD | Scenario I 10% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(287)
USD | Scenario II 25% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(706.6)
USD | Scenario III 25% Devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	691.9
USD | Scenario IV 50% devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 1390.9
USD | Designated as Hedging Instrument [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
USD | Designated as Hedging Instrument [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
USD | Designated as Hedging Instrument [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
USD | Designated as Hedging Instrument [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
USD | Designated as Hedging Instrument [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 4.1
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	32.7
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(66.6)
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(495.4)
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	526.5
USD | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Cost [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(1.4)
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	93.2
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	278
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(53.7)
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(391.3)
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	117.7
USD | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Cost [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(43.9)
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	226.8
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	680.9
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(34.3)
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(235.1)
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(530.5)
USD | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Cost [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(107.8)
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(218.5)
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(559.4)
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(98.9)
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(755.6)
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	1,527.4
USD | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Cost [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	105.1
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(441.2)
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Options - Currencies [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(1,242.3)
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Export Prepayment - PPEs [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(131.2)
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Senior Unsecured Notes - Bonds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(1,015.9)
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	2,619.1
USD | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Cost [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 211.5
USD | Not Designated as Hedging Instrument [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
USD | Not Designated as Hedging Instrument [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
USD | Not Designated as Hedging Instrument [Member] | Current Scenario [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 5.1
USD | Not Designated as Hedging Instrument [Member] | Current Scenario [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(2.3)
USD | Not Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(54.3)
USD | Not Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(232.7)
USD | Not Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(128.2)
USD | Not Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(578.4)
USD | Not Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	117.9
USD | Not Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	573.9
USD | Not Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	240.9
USD | Not Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 1150.0
USD | Cost (object) [Member] | Future - BM&Fbovespa [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
Euro Member Countries, Euro
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exchange rate	4.4390	3.9693
Euro Member Countries, Euro | Current Scenario [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 30.4
Euro Member Countries, Euro | Scenario I 10% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(250.6)
Euro Member Countries, Euro | Scenario II 25% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(580.9)
Euro Member Countries, Euro | Scenario III 25% Devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	520.1
Euro Member Countries, Euro | Scenario IV 50% devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 1070.5
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 0.3
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(0.3)
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	4.7
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(4.7)
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	11.4
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(11.4)
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(10.8)
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	10.8
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(21.9)
Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 21.9
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Current Scenario [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 29.9
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Current Scenario [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(0.5)
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(205.7)
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(44.9)
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(469.4)
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(111.5)
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	409.6
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	110.5
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | NDF - Purchase of US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	849
Euro Member Countries, Euro | Not Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | NDF - Purchase EUR x US$ [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 221.5
United Kingdom, Pounds
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exchange rate	4.9617	4.4714
United Kingdom, Pounds | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
United Kingdom, Pounds | Current Scenario [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 1.1
United Kingdom, Pounds | Scenario I 10% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(25.4)
United Kingdom, Pounds | Scenario II 25% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(61.9)
United Kingdom, Pounds | Scenario III 25% Devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	59.7
United Kingdom, Pounds | Scenario IV 50% devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	120.4
United Kingdom, Pounds | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(1.1)
United Kingdom, Pounds | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(25.4)
United Kingdom, Pounds | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(61.9)
United Kingdom, Pounds | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	59.7
United Kingdom, Pounds | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 120.4
Japan, Yen
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Exchange rate	0.0353	0.0294
Japan, Yen | Current Scenario [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 0.0
Japan, Yen | Scenario I 10% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	0
Japan, Yen | Scenario II 25% Appreciation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	0
Japan, Yen | Scenario III 25% Devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	0
Japan, Yen | Scenario IV 50% devaluation [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 0.0
Japan, Yen | Designated as Hedging Instrument [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Devaluation of R$
Japan, Yen | Designated as Hedging Instrument [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Risk	Appreciation of R$
Japan, Yen | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 1.1
Japan, Yen | Designated as Hedging Instrument [Member] | Current Scenario [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	1.1
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	21.4
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario I 10% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(21.4)
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	55
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario II 25% Appreciation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(55)
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(57.2)
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario III 25% Devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	57.2
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Non-Deliverable Forwards [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	(113.4)
Japan, Yen | Designated as Hedging Instrument [Member] | Scenario IV 50% devaluation [Member] | Export [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Net effect	R$ 113.4

4. FINANCIAL INSTRUMENTS AND_14

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 11) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Derivatives Not Designated [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	R$ 0.0	R$ 0.0
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	(124.2)	(90.7)
Liabilities fair value	(124.2)	(90.7)
Derivatives Designated as Hedge Accounting [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	0	0
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	(110.8)	(208.8)
Liabilities fair value	(110.8)	(208.8)
Trade Accounts Payable [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	(5,732.3)	(6,642.2)
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Liabilities fair value	(5,732.3)	(6,642.2)
Supply Chain Finance [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	(885.8)	(715.2)
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Liabilities fair value	(885.8)	(715.2)
Loans And Financing [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	(22,165.4)	(20,444.4)
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Liabilities fair value	(22,165.4)	(20,444.4)
Finance Lease Payable [Member]
Disclosure of detailed information about financial instruments [line items]
Liabilities amortized cost	(215.4)	(232.6)
Liabilities at fair value through other comprehensive income - Equity instruments	0	0
Liabilities at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Liabilities fair value	(215.4)	(232.6)
Cash and Bank Accounts [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	722.9	1,670.1
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Assets fair value	722.9	1,670.1
Cash Equivalents [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	0	0
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	4,146.7	4,340.7
Assets fair value	4,146.7	4,340.7
Marketable Securities [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	331.4	257
Assets at fair value through other comprehensive income - Equity instruments	139.5	328.8
Assets at fair value through other comprehensive income - Debt instruments	16.4	15.4
Liabilities fair value through profit and loss	310.4	196
Assets fair value	797.7	797.2
Restricted Cash [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	861.6	535.6
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Assets fair value	861.6	535.6
Trade Receivables [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	2,409.7	3,925.3
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	203.2	0
Assets fair value	2,612.9	3,925.3
Other Credits [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	204.1	229.5
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	0	0
Assets fair value	204.1	229.5
Derivatives Not Designated [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	0	0
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	41.4	63.1
Assets fair value	41.4	63.1
Derivatives Designated as Hedge Accounting [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost	0	0
Assets at fair value through other comprehensive income - Equity instruments	0	0
Assets at fair value through other comprehensive income - Debt instruments	0	0
Liabilities fair value through profit and loss	140.9	27.5
Assets fair value	R$ 140.9	27.5
Other Receivables [Member]
Disclosure of detailed information about financial instruments [line items]
Assets amortized cost		28.9
Assets at fair value through other comprehensive income - Equity instruments		0
Assets at fair value through other comprehensive income - Debt instruments		0
Liabilities fair value through profit and loss		0
Assets fair value		R$ 28.9

4. FINANCIAL INSTRUMENTS AND_15

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 12) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	R$ 4545.6	R$ 4672.0
Credit Linked Notes [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	16.4	15.5
Stocks [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	139.5	328.8
Savings account and overnight [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	401.1	649.6
Term deposits [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	21.2	158
Bank deposit certificates [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	3,720.7	3,527.8
Financial Treasury Bills [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	295.7	166.3
Investment funds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	3.7	35
Derivatives [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	182.3	90.5
Financial liabilities	(235)	(299.5)
Level 1 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	877.6	1,353.2
Level 1 [Member] | Credit Linked Notes [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	16.4	15.5
Level 1 [Member] | Stocks [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	139.5	328.8
Level 1 [Member] | Savings account and overnight [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	401.1	649.6
Level 1 [Member] | Term deposits [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	21.2	158
Level 1 [Member] | Bank deposit certificates [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 1 [Member] | Financial Treasury Bills [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	295.7	166.3
Level 1 [Member] | Investment funds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	3.7	35
Level 1 [Member] | Derivatives [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Financial liabilities	0	0
Level 2 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	3,668	3,318.8
Level 2 [Member] | Credit Linked Notes [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Stocks [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Savings account and overnight [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Term deposits [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Bank deposit certificates [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	3,720.7	3,527.8
Level 2 [Member] | Financial Treasury Bills [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Investment funds [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	0	0
Level 2 [Member] | Derivatives [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Financial assets	182.3	90.5
Financial liabilities	R$ 235.0	R$ 299.5

4. FINANCIAL INSTRUMENTS AND_16

4. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 13) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 9746.4	R$ 9033.7
Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 9148.1	(8,911.1)
BRF Bonds [Member] | BRF SA BRFSBZ5
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2022
BRF Bonds [Member] | BRF SA BRFSBZ5 | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 451.5	(369.6)
BRF Bonds [Member] | BRF SA BRFSBZ5 | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 456.2	(406.7)
BRF Bonds [Member] | BRF SA BRFSBZ4 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2024
BRF Bonds [Member] | BRF SA BRFSBZ4 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 2898.9
BRF Bonds [Member] | BRF SA BRFSBZ4 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 2695.9
BRF Bonds [Member] | BRF SA BRFSBZ3 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2023
BRF Bonds [Member] | BRF SA BRFSBZ3 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 1888.8	(1,608.3)
BRF Bonds [Member] | BRF SA BRFSBZ3 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 1754.6	(1,578.7)
BRF Bonds [Member] | BRF SA BRFSBZ7 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2018
BRF Bonds [Member] | BRF SA BRFSBZ7 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	(503.8)
BRF Bonds [Member] | BRF SA BRFSBZ7 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	(502.4)
BRF Bonds [Member] | BRF SA BRFSBZ2 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2022
BRF Bonds [Member] | BRF SA BRFSBZ2 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 2248.5	(1,997.5)
BRF Bonds [Member] | BRF SA BRFSBZ2 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 2190.0	(1,974.5)
BFF Bonds [Member] | Sadia Overseas BRFSBZ7 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2020
BFF Bonds [Member] | Sadia Overseas BRFSBZ7 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 343.0	(292.2)
BFF Bonds [Member] | Sadia Overseas BRFSBZ7 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 349.2	(299.9)
Bonds BRF Gmbh [Member] | BRF SA BRFSBZ4 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2026
Bonds BRF Gmbh [Member] | BRF SA BRFSBZ4 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 1915.7	(1,628.9)
Bonds BRF Gmbh [Member] | BRF SA BRFSBZ4 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 1702.2	(1,553.1)
Quickfood Bonds [Member] | Quickfood [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2022
Quickfood Bonds [Member] | Quickfood [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	(168)
Quickfood Bonds [Member] | Quickfood [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	(168)
Bonds BRF - SHB [Member] | BRF SA BRFSBZ4 [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Maturity	2024
Bonds BRF - SHB [Member] | BRF SA BRFSBZ4 [Member] | Book Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	(2,465.4)
Bonds BRF - SHB [Member] | BRF SA BRFSBZ4 [Member] | Fair Value [Member]
FinancialInstrumentsAndRiskManagementDetailsLineItems [Line Items]
Total	R$ 0.0	R$ 2427.8

5. SEGMENT INFORMATION (Details

5. SEGMENT INFORMATION (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of operating segments [line items]
Net sales	R$ 30188.4	R$ 28314.1	R$ 27883.9
Halal [Member]
Disclosure of operating segments [line items]
Net sales	8,293.3	6,694	6,226.6
In-natura | Halal [Member]
Disclosure of operating segments [line items]
Net sales	6,685.1	5,588.8	5,584.3
Poultry [Member] | Halal [Member]
Disclosure of operating segments [line items]
Net sales	6,632.9	5,554.4	5,542.1
Processed foods | Halal [Member]
Disclosure of operating segments [line items]
Net sales	1,295.6	909.7	642.3
Other sales | Halal [Member]
Disclosure of operating segments [line items]
Net sales	312.6	195.5	0
Other | Halal [Member]
Disclosure of operating segments [line items]
Net sales	52.2	34.4	42.2
Other segments [Member]
Disclosure of operating segments [line items]
Net sales	843.1	818	849.2
Other segments [Member] | Ingredients [Member]
Disclosure of operating segments [line items]
Net sales	436.2	269.2	0
Other segments [Member] | Other sales
Disclosure of operating segments [line items]
Net sales	406.9	548.8	849.2
Brazil [Member]
Disclosure of operating segments [line items]
Net sales	16,284.8	15,188.6	14,808
Brazil [Member] | In-natura
Disclosure of operating segments [line items]
Net sales	3,996.8	3,489.9	3,109
Brazil [Member] | Poultry [Member]
Disclosure of operating segments [line items]
Net sales	3,197.1	2,697.5	2,410.3
Brazil [Member] | Pork and other
Disclosure of operating segments [line items]
Net sales	799.7	792.4	698.7
Brazil [Member] | Processed foods
Disclosure of operating segments [line items]
Net sales	12,271.3	11,681.6	11,600.8
Brazil [Member] | Other sales
Disclosure of operating segments [line items]
Net sales	16.7	17.1	98.2
International [Member]
Disclosure of operating segments [line items]
Net sales	4,767.2	5,613.5	6,000.1
International [Member] | In-natura
Disclosure of operating segments [line items]
Net sales	4,213.5	4,736.9	5,125.2
International [Member] | Poultry [Member]
Disclosure of operating segments [line items]
Net sales	3,382.4	3,401.4	4,106.5
International [Member] | Pork and other
Disclosure of operating segments [line items]
Net sales	831.1	1,335.5	1,018.7
International [Member] | Processed foods
Disclosure of operating segments [line items]
Net sales	553.4	654	863.7
International [Member] | Other sales
Disclosure of operating segments [line items]
Net sales	R$ 0.3	R$ 222.6	R$ 11.2

5. SEGMENT INFORMATION (Detai_2

5. SEGMENT INFORMATION (Details 1) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of operating segments [line items]
Total	R$ 4031.2	R$ 5842.1
Halal [Member]
Disclosure of operating segments [line items]
Total	1,818.9	1,777.3
BRAZIL
Disclosure of operating segments [line items]
Total	2,134	2,134
International [Member]
Disclosure of operating segments [line items]
Total	78.3	1,369.9
SOUTHERN CONE [Member]
Disclosure of operating segments [line items]
Total	0	560.9
Goodwill [Member]
Disclosure of operating segments [line items]
Total	2,695	4,192.2
Goodwill [Member] | Halal [Member]
Disclosure of operating segments [line items]
Total	1,465.2	1,388.1
Goodwill [Member] | BRAZIL
Disclosure of operating segments [line items]
Total	1,151.5	1,151.5
Goodwill [Member] | International [Member]
Disclosure of operating segments [line items]
Total	78.3	1,345.4
Goodwill [Member] | SOUTHERN CONE [Member]
Disclosure of operating segments [line items]
Total	0	307.2
Trademarks [Member]
Disclosure of operating segments [line items]
Total	1,336.2	1,649.9
Trademarks [Member] | Halal [Member]
Disclosure of operating segments [line items]
Total	353.7	389.2
Trademarks [Member] | BRAZIL
Disclosure of operating segments [line items]
Total	982.5	982.5
Trademarks [Member] | International [Member]
Disclosure of operating segments [line items]
Total	0	24.5
Trademarks [Member] | SOUTHERN CONE [Member]
Disclosure of operating segments [line items]
Total	R$ 0.0	R$ 253.7

6. CASH AND CASH EQUIVALENTS (D

6. CASH AND CASH EQUIVALENTS (Details) € in Millions, £ in Millions, R$ in Millions, $ in Millions	Dec. 31, 2018BRL (R$)	Dec. 31, 2017USD ($)	Dec. 31, 2017BRL (R$)	Dec. 31, 2017EUR (€)	Dec. 31, 2017GBP (£)
Disclosure of fair value measurement of assets [line items]
Cash and bank accounts	R$ 722.8		R$ 1670.2
Cash and cash equivalents	4,869.6		6,010.8
USD
Disclosure of fair value measurement of assets [line items]
Cash and bank accounts	118.9	$ 525.1
Cash equivalents	422.3		803.5
USD | Fixed term deposit [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 0.0		66.2
Average rate (p.a.)	0.00%
USD | Overnight [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 401.1	$ 645.6
Average rate (p.a.)	0.54%
Brazil
Disclosure of fair value measurement of assets [line items]
Cash and bank accounts	R$ 97.4		135
Cash equivalents	3,724.5		3,537.1
Brazil | Investment funds [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 3.7		5.3
Average rate (p.a.)	1.80%
Brazil | Savings account [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 0.0		4
Average rate (p.a.)	2.56%
Brazil | Bank deposit certificates [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 3720.8		R$ 3527.8
Average rate (p.a.)	5.75%
Euro Member Countries, Euro
Disclosure of fair value measurement of assets [line items]
Cash and bank accounts	R$ 52.8			€ 181.8
Other currencies
Disclosure of fair value measurement of assets [line items]
Cash and bank accounts	453.7				£ 828.3
Other currencies | Fixed term deposit [Member]
Disclosure of fair value measurement of assets [line items]
Cash equivalents	R$ 21.2				£ 91.7
Average rate (p.a.)	2.68%

7. MARKETABLE SECURITIES (Detai

7. MARKETABLE SECURITIES (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Marketable Securities [Line Items]
Financial assets	R$ 4545.6	R$ 4672.0
Current	507	228.4
Non-current	290.6	568.8
Credit Linked Notes [Member]
Marketable Securities [Line Items]
Financial assets	16.4	15.5
Stocks [Member]
Marketable Securities [Line Items]
Financial assets	139.5	328.8
Bank deposit certificates [Member]
Marketable Securities [Line Items]
Financial assets	3,720.7	3,527.8
Financial Treasury Bills [Member]
Marketable Securities [Line Items]
Financial assets	295.7	166.3
Investment funds [Member]
Marketable Securities [Line Items]
Financial assets	3.7	35
Available For Sale [Member]
Marketable Securities [Line Items]
Financial assets	R$ 155.8	344.2
Available For Sale [Member] | Credit Linked Notes [Member]
Marketable Securities [Line Items]
WATM	1 year 29 days
Currency	US$
Average interest rate (p.a.)	3.85%
Held For Trading [Member]
Marketable Securities [Line Items]
Financial assets	R$ 310.4	196
Held For Trading [Member] | Bank deposit certificates [Member]
Marketable Securities [Line Items]
WATM	4 years 11 months 16 days
Currency	R$
Financial assets	R$ 14.7
Held For Trading [Member] | Financial Treasury Bills [Member]
Marketable Securities [Line Items]
WATM	5 years 3 months 22 days
Currency	R$
Average interest rate (p.a.)	6.40%
Financial assets	R$ 295.7	166.3
Held For Trading [Member] | Investment funds [Member]
Marketable Securities [Line Items]
Currency	ARS
Financial assets		29.7
Held To Maturity [Member] | Sovereign Bonds & Others [Member]
Marketable Securities [Line Items]
WATM	3 years 4 months 10 days
Currency	AOA and R$
Financial assets	R$ 331.4	R$ 257.0
Held To Maturity [Member] | Sovereign Bonds & Others [Member] | Bottom of range [Member]
Marketable Securities [Line Items]
Average interest rate (p.a.)	3.82%
Held To Maturity [Member] | Sovereign Bonds & Others [Member] | Top of range [Member]
Marketable Securities [Line Items]
Average interest rate (p.a.)	6.40%

8. TRADE ACCOUNTS RECEIVABLE,_3

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Trade accounts receivable, net
Trade accounts receivable, gross	R$ 3132.0	R$ 4406.6
Adjustment to present value	(10.3)	(13.7)
Allowance for doubtful accounts	(508.8)	(467.6)
Trade accounts receivable, net	2,612.9	3,925.3
Current	2,604.9	3,919
Non-current	8	6.3
Notes Receivables [Member]
Trade accounts receivable, net
Trade accounts receivable, gross	235.4	260.6
Adjustment to present value	(0.3)	(0.3)
Allowance for doubtful accounts	(31)	(30.8)
Trade accounts receivable, net	204.1	229.5
Current	115.1	113.1
Non-current	89	116.4
Domestic [Member] | Trade Receivables [Member]
Trade accounts receivable, net
Customers	1,098.7	1,622.8
Related parties	0	2.6
Foreign [Member] | Trade Receivables [Member]
Trade accounts receivable, net
Customers	1,974	2,754
Related parties	R$ 59.3	R$ 27.2

8. TRADE ACCOUNTS RECEIVABLE,_4

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES (Details 1) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Principal value	R$ 2500.0
Updated value	R$ 2597.5
Due Maturity04.19.2019[Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Average rate	96.50%
Principal value	R$ 1000.0
Updated value	R$ 1026.9
Due Maturity12.16.2020[Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Average rate	96.00%
Principal value	R$ 780.0
Updated value	R$ 781.7
Due Maturity12.18.2023[Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Average rate	59.00%
Principal value	R$ 720.0
Updated value	R$ 788.9

8. TRADE ACCOUNTS RECEIVABLE,_5

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES (Details 2) - Trade Receivables [Member] - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of changes in allowance account for credit losses of financial assets
Beginning balance	R$ 467.6	R$ 406.5
Initial adoption IFRS 9	(12.6)	0
Transfer - held for sale (1)	9	0
Business combination	0	(11.6)
Provision	(46.3)	(75.3)
Write-offs	49.5	30.8
Exchange rate variation	(40.8)	(5)
Ending balance	R$ 508.8	R$ 467.6

8. TRADE ACCOUNTS RECEIVABLE,_6

8. TRADE ACCOUNTS RECEIVABLE, NET AND OTHER RECEIVABLES (Details 3) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	R$ 2612.9	R$ 3925.3
( - ) Adjustment to present value	(10.3)	(13.7)
( - ) Allowance for doubtful accounts	(508.8)	(467.6)
Current [Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	2,451.6	3,272.1
01 to 60 days [Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	133	364.3
61 to 90 days [Member]
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	25.4	98.9
91 to 120 days
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	10.6	33.7
121 to 180 days
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	27	74.6
181 to 360 days
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	36.8	170.8
More than 361 days
TradeAccountsReceivableNetAndOtherReceivablesLineItems [Line Items]
Trade Receivables	R$ 447.6	R$ 392.2

9. INVENTORIES (Details)

9. INVENTORIES (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Inventories Details Abstract
Finished goods	R$ 2200.8	R$ 2986.5
Work in process	140.5	155
Raw materials	847.5	1,086.3
Packaging materials	73.8	87
Secondary materials	338	321.1
Warehouse	196.2	239.8
Imports in transit	103.9	103.9
Other	9.9	11.4
(-) Adjustment to present value	(138.1)	(327)	R$ 127.4
Inventories	R$ 3877.3	R$ 4948.2

9. INVENTORIES (Details 1)

9. INVENTORIES (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
InventoriesLineItems [Line Items]
Beginning balance	R$ 327.0	R$ 127.4
Additions	(495.5)	(305.5)
Reversals	143.4	80.8
Write-offs	515.5	24.5
Restatement by Hyperinflation	(5.4)	0
Transfer - held for sale (1)	31.4	0
Business Combination	0	0.8
Exchange rate variation	(0.5)	(0.2)
Ending balance	(138.1)	(327)
Provision For Adjustment to Realizable Value [Member]
InventoriesLineItems [Line Items]
Beginning balance	(253.7)	(93.5)
Additions	(317.1)	(240.7)
Reversals	143.4	80.8
Write-offs	342.8	0
Restatement by Hyperinflation	(4.9)	0
Transfer - held for sale (1)	23.9	0
Business Combination	0	0
Exchange rate variation	0.1	(0.3)
Ending balance	(65.5)	(253.7)
Provision For Deterioration [Member]
InventoriesLineItems [Line Items]
Beginning balance	(66.4)	(26.2)
Additions	(153.2)	(62.4)
Reversals	0	0
Write-offs	152.8	22.3
Restatement by Hyperinflation	(0.5)	0
Transfer - held for sale (1)	7.2	0
Business Combination	0	0
Exchange rate variation	(0.5)	(0.1)
Ending balance	(60.6)	(66.4)
Provision For Obsolescense [Member]
InventoriesLineItems [Line Items]
Beginning balance	(6.9)	(7.7)
Additions	(25.2)	(2.4)
Reversals	0	0
Write-offs	19.9	2.2
Restatement by Hyperinflation	0	0
Transfer - held for sale (1)	0.3	0
Business Combination	0	0.8
Exchange rate variation	(0.1)	0.2
Ending balance	R$ 12.0	R$ 6.9

10. BIOLOGICAL ASSETS (Details)

10. BIOLOGICAL ASSETS (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about biological assets [line items]
Current biological assets	R$ 1513.1	R$ 1510.5
Noncurrent biological assets	1,061.3	903.7
Biological assets	2,574.4	2,414.2
Forests [Member]
Disclosure of detailed information about biological assets [line items]
Noncurrent biological assets	R$ 362.9	R$ 263.9

10. BIOLOGICAL ASSETS (Details

10. BIOLOGICAL ASSETS (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	R$ 2414.2
Ending balance	2,574.4	R$ 2414.2
Current biological assets [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	1,510.5	1,645.1
Additions/Transfer	2,235.4	2,239.9
Business combination	0	103
Changes in fair value	1,195.1	1,379.1
Harvest	0	0
Write-off	0	0
Transfer between current and non-current	136.5	148.6
Transfer to inventories	(3,520)	(3,997.4)
Exchange variation	(25.2)	(7.8)
Restatement by Hyperinflation	0	0
Transfer to/from assets held for sale	(19.2)	0
Ending balance	1,513.1	1,510.5
Current biological assets [Member] | Live animals [Member] | Poultry [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	699.9	770.8
Additions/Transfer	415.4	547.9
Business combination	0	103
Changes in fair value	967	1,290.4
Harvest	0	0
Write-off	0	0
Transfer between current and non-current	65.1	69.9
Transfer to inventories	(1,539.5)	(2,076.2)
Exchange variation	(18.7)	(5.9)
Restatement by Hyperinflation	0	0
Transfer to/from assets held for sale	(6.4)	0
Ending balance	582.8	699.9
Current biological assets [Member] | Live animals [Member] | Pork [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	810.6	874.3
Additions/Transfer	1,820	1,692
Business combination	0	0
Changes in fair value	228.1	88.7
Harvest	0	0
Write-off	0	0
Transfer between current and non-current	71.4	78.7
Transfer to inventories	(1,980.5)	(1,921.2)
Exchange variation	(6.5)	(1.9)
Restatement by Hyperinflation	0	0
Transfer to/from assets held for sale	(12.8)	0
Ending balance	930.3	810.6
Non-current biological assets [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	903.7	917.4
Additions/Transfer	511.8	323.4
Business combination	0	0
Changes in fair value	(133.7)	(137)
Harvest	(36.6)	(41.2)
Write-off	(14.3)	(12.3)
Transfer between current and non-current	(136.6)	(142.4)
Transfer to inventories	0	0
Exchange variation	(9.3)	(0.3)
Restatement by Hyperinflation	3.2	0
Transfer to/from assets held for sale	(26.8)	(3.9)
Ending balance	1,061.3	903.7
Non-current biological assets [Member] | Live animals [Member] | Poultry [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	325.9	349.1
Additions/Transfer	246.3	84.3
Business combination	0	0
Changes in fair value	(95.9)	(31)
Harvest	0	0
Write-off	(6.2)	(8.4)
Transfer between current and non-current	(65.1)	(69.9)
Transfer to inventories	0	0
Exchange variation	(3.5)	1.8
Restatement by Hyperinflation	0.1	0
Transfer to/from assets held for sale	(20.1)	0
Ending balance	381.4	325.9
Non-current biological assets [Member] | Live animals [Member] | Pork [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	313.9	298.3
Additions/Transfer	233.6	203.8
Business combination	0	0
Changes in fair value	(144.7)	(113.4)
Harvest	0	0
Write-off	0	(0.2)
Transfer between current and non-current	(71.5)	(72.5)
Transfer to inventories	0	0
Exchange variation	(5.8)	(2.1)
Restatement by Hyperinflation	3.1	0
Transfer to/from assets held for sale	(11.6)	0
Ending balance	317	313.9
Non-current biological assets [Member] | Forests [Member]
Disclosure of reconciliation of changes in biological assets [line items]
Beginning balance	263.9	270
Additions/Transfer	31.9	35.3
Business combination	0	0
Changes in fair value	106.9	7.4
Harvest	(36.6)	(41.2)
Write-off	(8.1)	(3.7)
Transfer between current and non-current	0	0
Transfer to inventories	0	0
Exchange variation	0	0
Restatement by Hyperinflation	0	0
Transfer to/from assets held for sale	4.9	(3.9)
Ending balance	R$ 362.9	R$ 263.9

10. BIOLOGICAL ASSETS (Detail_2

10. BIOLOGICAL ASSETS (Details 2) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)Number	Dec. 31, 2017BRL (R$)Number
Disclosure of detailed information about biological assets [line items]
Total current	R$ 1513.1	R$ 1510.5
Total non-current	R$ 1061.3	R$ 903.7
Live animals [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	211,397	221,804
Total	R$ 2211.5	R$ 2150.3
Live animals [Member] | Consumable biological assets [member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	192,259	203,324
Total current	R$ 1513.1	R$ 1510.5
Live animals [Member] | Consumable biological assets [member] | Immature [member] | Poultry [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	188,248	199,337
Total current	R$ 582.8	R$ 699.9
Live animals [Member] | Consumable biological assets [member] | Immature [member] | Pork [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	4,011	3,987
Total current	R$ 930.3	R$ 810.6
Live animals [Member] | Production biological assets [member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	19,138	18,480
Total non-current	R$ 698.4	R$ 639.8
Live animals [Member] | Production biological assets [member] | Immature [member] | Poultry [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	6,538	6,693
Total non-current	R$ 134.4	R$ 117.2
Live animals [Member] | Production biological assets [member] | Immature [member] | Pork [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	203	229
Total non-current	R$ 74.1	R$ 67.8
Live animals [Member] | Production biological assets [member] | Mature [member] | Poultry [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	11,958	11,113
Total non-current	R$ 246.8	R$ 208.6
Live animals [Member] | Production biological assets [member] | Mature [member] | Pork [Member]
Disclosure of detailed information about biological assets [line items]
Quantity (Heads) | Number	439	445
Total non-current	R$ 243.1	R$ 246.2

10. BIOLOGICAL ASSETS (Detail_3

10. BIOLOGICAL ASSETS (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Biological Assets Details Narrative Abstract
Depreciation of breeding stock	R$ 784.5	R$ 736.8	R$ 658.0

11. RECOVERABLE AND INCOME AN_3

11. RECOVERABLE AND INCOME AND SOCIAL CONTRIBUTION TAXES (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
RecoverableTaxesLineItems [Line Items]
Provision for losses	R$ 185.0	R$ 169.5	R$ 164.6
Current tax assets	3,702.9	3,147.1
Current	560.4	728.9
Non-current	3,142.5	2,418.2
Current tax assets	522.8	528.3
Provision for losses	(9)	(9)
Current tax assets	513.8	519.3
Current	506.5	499.3
Non-current	7.3	20
State ICMS ("VAT") [Member]
RecoverableTaxesLineItems [Line Items]
Current tax assets	1,632.1	1,681.9
Provision for losses	(141)	(122.9)	(114.3)
PIS and COFINS ("Federal Taxes to Social Fund Programs") [Member]
RecoverableTaxesLineItems [Line Items]
Current tax assets	946.4	430.2
Provision for losses	(17.4)	(19.7)	(19.9)
IPI ("Federal VAT") [Member]
RecoverableTaxesLineItems [Line Items]
Current tax assets	836.7	791.2
Provision for losses	(13.6)	(13.5)	(14.7)
INSS ("Brazilian Social Security") [Member]
RecoverableTaxesLineItems [Line Items]
Current tax assets	307.9	280.4
Other [Member]
RecoverableTaxesLineItems [Line Items]
Current tax assets	155.8	123.9
Provision for losses	R$ 4.0	R$ 4.4	R$ 6.7

11. RECOVERABLE AND INCOME AN_4

11. RECOVERABLE AND INCOME AND SOCIAL CONTRIBUTION TAXES (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
RecoverableTaxesLineItems [Line Items]
Beginning balance	R$ 169.5	R$ 164.6
Additions	(83.7)	(40)
Write-offs	64.7	34.5
Exchange rate variation	1.5	0.6
Transfer - held for sale (1)	2	0
Ending balance	(185)	(169.5)
State ICMS ("VAT") [Member]
RecoverableTaxesLineItems [Line Items]
Beginning balance	(122.9)	(114.3)
Additions	(80)	(37.7)
Write-offs	61.9	29.1
Exchange rate variation	0	0
Transfer - held for sale (1)	0	0
Ending balance	(141)	(122.9)
PIS and COFINS ("Federal Taxes to Social Fund Programs") [Member]
RecoverableTaxesLineItems [Line Items]
Beginning balance	(19.7)	(19.9)
Additions	0	0
Write-offs	2.3	0.2
Exchange rate variation	0	0
Transfer - held for sale (1)	0	0
Ending balance	(17.4)	(19.7)
Income and social contribution tax [Member]
RecoverableTaxesLineItems [Line Items]
Beginning balance	(9)	(9)
Additions	0	0
Write-offs	0	0
Exchange rate variation	0	0
Transfer - held for sale (1)	0	0
Ending balance	(9)	(9)
IPI ("Federal VAT") [Member]
RecoverableTaxesLineItems [Line Items]
Beginning balance	(13.5)	(14.7)
Additions	0	0
Write-offs	0	1.2
Exchange rate variation	0	0
Transfer - held for sale (1)	0	0
Ending balance	(13.6)	(13.5)
Other [Member]
RecoverableTaxesLineItems [Line Items]
Beginning balance	(4.4)	(6.7)
Additions	(3.7)	(2.3)
Write-offs	0.5	4
Exchange rate variation	1.5	0.6
Transfer - held for sale (1)	2	0
Ending balance	R$ 4.0	R$ 4.4

13. INCOME AND SOCIAL CONTRIB_3

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Tax loss carryforwards (corporate income tax)	R$ 1724.0	R$ 1438.9
Negative calculation basis (social contribution tax)	652.4	401.4
Temporary differences
Total net deferred tax assets	1,519.7	1,369.4
Business combination - Sadia	(724)	(727.1)
Business combination - AKF	(19.2)	(17.8)
Business combination - Danica and Avex	0	(4.5)
Business combination - Invicta	0	(30.9)
Business combination - Other companies	(20.4)	(35.8)
Other - exchange rate variation	(60.8)	(54.9)
Other temporary differences	(35.8)	(27.4)
Deferred income taxes	65.8	155.3
Total deferred tax	1,453.9	1,214.1	R$ 947.0
Provisions for tax, civil and labor risks [Member]
Temporary differences
Temporary differences assets	323	398
Suspended collection taxes [Member]
Temporary differences
Temporary differences assets	22.9	12.3
Allowance for doubtful accounts [Member]
Temporary differences
Temporary differences assets	126.6	116.1
Provision for property, plant and equipment losses [Member]
Temporary differences
Temporary differences assets	37.1	6.3
Provision for losses on tax credits [Member]
Temporary differences
Temporary differences assets	62.7	53.2
Provision for other obligations [Member]
Temporary differences
Temporary differences assets	106.9	92.8
Provision for inventory losses [Member]
Temporary differences
Temporary differences assets	39.5	98.6
Employees' benefits plan [Member]
Temporary differences
Temporary differences assets	137.5	127.4
Unrealized losses on derivatives financial instruments [Member]
Temporary differences
Temporary differences assets	30.5	80.4
Unrealized losses on inventories [Member]
Temporary differences
Temporary differences assets	2.4	4.4
Provision for losses - notes receivables [Member]
Temporary differences
Temporary differences assets	6.9	13.7
Business combination - Sadia [Member]
Temporary differences
Temporary differences assets	84.6	206.8
Other temporary differences [Member]
Temporary differences
Temporary differences assets	131.1	96.7
Temporary differences liabilities		(27.4)
Business combination - other companies [Member]
Temporary differences
Temporary differences liabilities		(35.8)
Difference between tax basis and accounting basis of goodwill amortization [Member]
Temporary differences
Temporary differences liabilities	(318.5)	(301.8)
Difference between tax depreciation rate and accounting depreciation rate (useful life) [Member]
Temporary differences
Temporary differences liabilities	(754.1)	(694.2)
Unrealized gains on fair value [Member]
Temporary differences
Temporary differences liabilities	R$ 101.4	R$ 38.5

13. INCOME AND SOCIAL CONTRIB_4

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income And Social Contribution Taxes
Beginning balance	R$ 1214.1	R$ 947.0
Deferred income and social contribution taxes recognized in the statement of income	340.1	210.6
Deferred income and social contribution taxes writte-off for fiscal loss and negative calculation basis - PERT	0	(56.9)
Deferred income and social contribution taxes recognized in other comprehensive income	(68.7)	15.2
Deferred income and social contribution taxes on disposals of goodwill from BRF Gmbh and Invicta	0	44.4
Deferred income and social contribution taxes related to discontinued operations	(35.4)	19.4
Other	3.8	34.4
Ending balance	R$ 1453.9	R$ 1214.1

13. INCOME AND SOCIAL CONTRIB_5

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details 2) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	R$ 2376.4
2019 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	0.1
2020 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	31.9
2021 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	134.3
2022 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	184.2
2023 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	286.4
2024 to 2026 [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	1,010.4
2027 onwards [Member]
IncomeAndSocialContributionTaxesLineItems [Line Items]
Deferred tax	R$ 729.1

13. INCOME AND SOCIAL CONTRIB_6

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details 3) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income And Social Contribution Taxes
Income before taxes from continued operations	R$ 2447.8	R$ 1218.6	R$ 22.0
Nominal tax rate	34.00%	34.00%	34.00%
Credit (expense) at nominal rate	R$ 832.3	R$ 414.3	R$ 7.5
Reconciling items
Income from associates and joint ventures	(104)	(64.1)	42.3
Exchange rate variation on foreign investments	110	71.7	(224.6)
Difference of tax rates on results of foreign subsidiaries	389.4	(205.1)	(144.9)
Deferred tax assets not recognized (1)	(591.7)	0	0
Interest on shareholders' equity	0	0	174.5
Stock options	(5.8)	(7.3)	(14.8)
Transfer price	(79)	(15.8)	(1.5)
Investment grant	59.2	49.1	41.7
Special Regime for the Reintegration of Tax Values for Exporting Companies (Reintegra)	2.3	8.4	1
Write-off of unrealized tax assets (2)	(268.7)	0	0
Other permanent differences	(10.7)	0.6	0.8
Total income tax expense continuing operations	333.3	251.8	(133)
Current income tax	6.8	(41.2)	148.8
Deferred income tax	R$ 340.1	R$ 210.6	R$ 15.8

13. INCOME AND SOCIAL CONTRIB_7

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details 4) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income And Social Contribution Taxes
Taxable income from foreign subsidiaries, before taxes	R$ 1066.1	R$ 446.7	R$ 950.3
Current income tax credit from foreign subsidiaries	(6.7)	(42.5)	(53.1)
Deferred income tax from foreign subsidiaries	R$ 247.9	R$ 37.5	R$ 259.9

13. INCOME AND SOCIAL CONTRIB_8

13. INCOME AND SOCIAL CONTRIBUTION TAXES (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income And Social Contribution Taxes
Undistributed earnings corresponds	R$ 3401.4	R$ 3182.4

14. JUDICIAL DEPOSITS (Details)

14. JUDICIAL DEPOSITS (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
JudicialDepositsLineItems [Line Items]
Beginning balance	R$ 688.9	R$ 732.6
Additions	203.7	219.5
Transfer - held for sale	(6.9)	0
Reversals	(55.5)	(135.6)
Write-offs	(186.7)	(156)
Price index update	30.1	30.2
Exchange rate variation	(4.5)	(1.8)
Ending balance	669.1	688.9
Tax [Member]
JudicialDepositsLineItems [Line Items]
Beginning balance	292.5	312.5
Additions	19.1	23.4
Transfer - held for sale	(0.1)	0
Reversals	(5.3)	(52.5)
Write-offs	(31.9)	(9)
Price index update	14.1	18.2
Exchange rate variation	(0.1)	(0.1)
Ending balance	288.3	292.5
Labor [Member]
JudicialDepositsLineItems [Line Items]
Beginning balance	360	377.4
Additions	181.7	188.3
Transfer - held for sale	(6.8)	0
Reversals	(47.2)	(78.7)
Write-offs	(146.2)	(136.5)
Price index update	14.6	11.2
Exchange rate variation	(4.4)	(1.7)
Ending balance	351.7	360
Civil, commercial and other [Member]
JudicialDepositsLineItems [Line Items]
Beginning balance	36.4	42.7
Additions	2.9	7.8
Transfer - held for sale	0	0
Reversals	(3)	(4.4)
Write-offs	(8.6)	(10.5)
Price index update	1.4	0.8
Exchange rate variation	0	0
Ending balance	R$ 29.1	R$ 36.4

15. RESTRICTED CASH (Details)

15. RESTRICTED CASH (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of financial assets [line items]
Total restricted cash	R$ 86160	R$ 53560
Current	277,300	127,800
Non-current	R$ 584300	407,800
Bank deposit certificates [Member]
Disclosure of financial assets [line items]
Maturity	1 year 9 months 22 days
Average interest rate (p.a.)	6.70%
Bank deposit certificates [Member] | Brazil
Disclosure of financial assets [line items]
Total restricted cash	R$ 50450	32,640
National treasury certificates [Member]
Disclosure of financial assets [line items]
Maturity	1 year 3 months
Average interest rate (p.a.)	19.55%
National treasury certificates [Member] | Brazil
Disclosure of financial assets [line items]
Total restricted cash	R$ 23370	19,020
Bank deposit [Member]
Disclosure of financial assets [line items]
Average interest rate (p.a.)	0.00%
Bank deposit [Member] | USD
Disclosure of financial assets [line items]
Total restricted cash	R$ 2100	1,900
Time deposit [Member]
Disclosure of financial assets [line items]
Maturity	1 year 5 months 19 days
Average interest rate (p.a.)	3.89%
Time deposit [Member] | USD
Disclosure of financial assets [line items]
Total restricted cash	R$ 10240	R$ 0

16. INVESTMENTS (Details)

16. INVESTMENTS (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of joint ventures [line items]
Investment in associates and joint ventures	R$ 70.5	R$ 54.1
Total investment in associates and joint ventures	77.6	60.2
Other investments	8.4	8
Total investment	86	68.2
SATS BRF Food PTE Ltd [Member]
Disclosure of joint ventures [line items]
Goodwill	R$ 7.1	R$ 6.1

17. PROPERTY, PLANT AND EQUIP_3

17. PROPERTY, PLANT AND EQUIPMENT, NET (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	R$ 12190.6	R$ 11746.2
Additions	(179.6)	(8.2)
Business combinations		770.7
Disposals	(219.3)	113.1
Restatement by Hyperinflation (1)	346.5
Transfers	(1,319.9)	(195.7)
Exchange rate variation	(121.6)	(9.5)
Ending balance	10,697	12,190.6
Cost [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	18,532.9	17,359.4
Additions	684.1	850.9
Business combinations		805.9
Disposals	(401)	(258.6)
Restatement by Hyperinflation (1)	612.5
Reversals
Transfers	(2,315.5)	(201.2)
Exchange rate variation	(112.6)	(23.6)
Ending balance	17,000.7	18,532.9
Cost [Member] | Land [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	706.2	575.9
Additions	0.1	6.2
Business combinations		123.5
Disposals	(25.7)	(2)
Restatement by Hyperinflation (1)	32.7
Reversals
Transfers	(159.3)	6.1
Exchange rate variation	(17.2)	(3.5)
Ending balance	536.9	706.2
Cost [Member] | Buildings and improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	6,102.8	5,648.6
Additions	4.8	60.2
Business combinations		258.8
Disposals	(113.4)	(36.7)
Restatement by Hyperinflation (1)	205.3
Reversals
Transfers	1,251.1	183.6
Exchange rate variation	(4.3)	(11.8)
Ending balance	7,446.3	6,102.8
Cost [Member] | Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	8,881.2	7,994.1
Additions	64.3	57.9
Business combinations		389.1
Disposals	(234.5)	(175.4)
Restatement by Hyperinflation (1)	346.4
Reversals
Transfers	(707.2)	569.8
Exchange rate variation	(77.8)	45.7
Ending balance	8,272.5	8,881.2
Cost [Member] | Facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	2,175	2,047.9
Additions	0.7	14.8
Business combinations
Disposals	(21.1)	(25.8)
Restatement by Hyperinflation (1)	0.3
Reversals
Transfers	(2,019.5)	137.3
Exchange rate variation	8.9	0.8
Ending balance	144.3	2,175
Cost [Member] | Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	171.5	163.5
Additions	25.3	2.1
Business combinations		16.1
Disposals	(5.6)	(4.2)
Restatement by Hyperinflation (1)	9.5
Reversals
Transfers	(42.3)	5.8
Exchange rate variation	1.6	(11.8)
Ending balance	160	171.5
Cost [Member] | Vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	28.6	27.3
Additions	3.1	0.3
Business combinations		4.8
Disposals	(0.7)	(8.9)
Restatement by Hyperinflation (1)	2.8
Reversals
Transfers	(16.5)	4.8
Exchange rate variation	0.2	0.3
Ending balance	17.5	28.6
Cost [Member] | Construction in progress [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	453.9	886
Additions	585.4	693.6
Business combinations		13.6
Disposals	0	(5.6)
Restatement by Hyperinflation (1)	15.5
Reversals
Transfers	(619.9)	(1,091)
Exchange rate variation	(25.2)	(42.7)
Ending balance	409.7	453.9
Cost [Member] | Advances to suppliers [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	13.7	16.1
Additions	0.4	15.8
Business combinations
Disposals	0
Restatement by Hyperinflation (1)	0
Reversals
Transfers	(1.9)	(17.6)
Exchange rate variation	1.2	(0.6)
Ending balance	13.5	13.7
Amortization/Depreciation [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(6,342.3)	(5,613.2)
Additions	(863.7)	(859.1)
Business combinations		(35.2)
Disposals	181.7	145.5
Restatement by Hyperinflation (1)	(266)
Transfers	995.6	5.5
Exchange rate variation	(9)	14.1
Ending balance	(6,303.7)	R$ 6342.3
Amortization/Depreciation [Member] | Buildings and improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Weighted average depreciation rate (p.a.)		3.02%
Beginning balance	(1,872.4)	R$ 1694.4
Additions	(188.1)	(184)
Business combinations		(11.4)
Disposals	28.9	17
Restatement by Hyperinflation (1)	(63.5)
Transfers	(471.3)	3.7
Exchange rate variation	(12.5)	(3.4)
Ending balance	(2,578.8)	R$ 1872.4
Amortization/Depreciation [Member] | Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Weighted average depreciation rate (p.a.)		5.93%
Beginning balance	(3,656.5)	R$ 3193.9
Additions	(562.7)	(567.2)
Business combinations		(21)
Disposals	136.1	107.4
Restatement by Hyperinflation (1)	(192.7)
Transfers	655.6	3.5
Exchange rate variation	(0.2)	14.7
Ending balance	(3,620.4)	R$ 3656.5
Amortization/Depreciation [Member] | Facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Weighted average depreciation rate (p.a.)		3.78%
Beginning balance	(724.5)	R$ 646.3
Additions	(93.8)	(91.3)
Business combinations
Disposals	13	10.8
Restatement by Hyperinflation (1)	(0.2)
Transfers	778.7	0.5
Exchange rate variation	3.5	1.8
Ending balance	(23.3)	R$ 724.5
Amortization/Depreciation [Member] | Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Weighted average depreciation rate (p.a.)		8.05%
Beginning balance	(77.7)	R$ 66.5
Additions	(17)	(13.4)
Business combinations
Disposals	3.2	3.1
Restatement by Hyperinflation (1)	(7)
Transfers	28.3	(0.9)
Exchange rate variation	(0.7)
Ending balance	(71)	R$ 77.7
Amortization/Depreciation [Member] | Vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Weighted average depreciation rate (p.a.)		19.99%
Beginning balance	(11.2)	R$ 12.1
Additions	(2.1)	(3.2)
Business combinations		(2.8)
Disposals	0.5	7.2
Restatement by Hyperinflation (1)	(2.6)
Transfers	4.3	(1.3)
Exchange rate variation	0.9	1
Ending balance	R$ 10.2	R$ 11.2

17. PROPERTY, PLANT AND EQUIP_4

17. PROPERTY, PLANT AND EQUIPMENT, NET (Details 1) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	R$ 962.1	R$ 940.2
Buildings and improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	151.8	138.2
Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	692.1	700
Facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	85.6	74
Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	27.3	22.7
Vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Total amount of fully depreciated items still operating	R$ 5.3	R$ 5.3

17. PROPERTY, PLANT AND EQUIP_5

17. PROPERTY, PLANT AND EQUIPMENT, NET (Details 2) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 3935.7	R$ 4503.8
Land [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 239.0	330
Type of collateral	Financial/Tax
Buildings and improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 1220.7	1,290.4
Type of collateral	Financial/Tax
Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 1877.4	2,318.7
Type of collateral	Financial/Labor/Tax/Civil
Facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 579.4	540.9
Type of collateral	Financial/Tax
Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 18.6	21.9
Type of collateral	Financial/Tax
Vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 0.6	1.5
Type of collateral	Financial/Tax
Other [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Book value of the collateral	R$ 0.0	R$ 0.4
Type of collateral	Financial/Tax

17. PROPERTY, PLANT AND EQUIP_6

17. PROPERTY, PLANT AND EQUIPMENT, NET (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property Plant And Equipment Net Details Narrative Abstract
Amount of capitalized interest	R$ 19.6	R$ 33.6

18. INTANGIBLE ASSETS (Details)

18. INTANGIBLE ASSETS (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about intangible assets [line items]
Beginning balance	R$ 7197.6	R$ 6672.6
Additions	(235.5)	(247.8)
Disposals		(1.4)
Business combination		632.3
Transfers	122	146.3
Restatement by Hyperinflation (1)	674.1
Exchange rate variation	(12.5)	(4.4)
Transfer - held for sale	(2,726.3)
Ending balance	5,019.4	7,197.6
Cost [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	7,776.9	7,121.6
Additions	35.7	52.1
Disposals	(121.9)	(178.9)
Business combination		632.1
Transfers	121.7	146.3
Restatement by Hyperinflation (1)	763.4
Exchange rate variation	5.9	3.7
Transfer - held for sale	(3,051.5)
Ending balance	5,530.2	7,776.9
Cost [Member] | Al Khan Foodstuff LLC ("AKF") [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	131.5	129.5
Additions
Disposals
Business combination		(2.1)
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	22.5	4.1
Transfer - held for sale
Ending balance	154	131.5
Cost [Member] | Alimentos Calchaqui Productos 7 S.A. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	157.9	342
Additions
Disposals
Business combination		(152.3)
Transfers
Restatement by Hyperinflation (1)	0.8
Exchange rate variation	(65.3)	(31.8)
Transfer - held for sale	(93.4)
Ending balance		157.9
Cost [Member] | Avex S.A. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	49.4	49.4
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	49.4	49.4
Cost [Member] | Avex [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	16.1	18.8
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)	20.7
Exchange rate variation	(6.6)	(2.7)
Transfer - held for sale	(30)
Ending balance	0.2	16.1
Cost [Member] | Banvit Bandirma Vitaminli [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	193.8
Additions
Disposals
Business combination		203.8
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	(31.5)	(10)
Transfer - held for sale
Ending balance	162.3	193.8
Cost [Member] | BRF Al Yasra Food K.S.C.C. ("BRF AFC") [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	131.9	162.7
Additions
Disposals
Business combination		(33.4)
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	21.6	2.6
Transfer - held for sale
Ending balance	153.5	131.9
Cost [Member] | BRF Holland B.V. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	26	22.5
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	3.1	3.5
Transfer - held for sale	(29.1)
Ending balance		26
Cost [Member] | BRF Invicta Ltd [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	131.9	119
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	14.5	12.9
Transfer - held for sale	(146.4)
Ending balance		131.9
Cost [Member] | Danica [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	4.1	4.8
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)	5.7
Exchange rate variation	(1.7)	(0.7)
Transfer - held for sale	(8.1)
Ending balance		4.1
Cost [Member] | Eclipse Holding Cooperatief U.A. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1.4	209.9
Additions
Disposals
Business combination		(202.1)
Transfers
Restatement by Hyperinflation (1)	94.2
Exchange rate variation	(0.5)	(6.4)
Transfer - held for sale	(94.9)
Ending balance	0.2	1.4
Cost [Member] | Eleva Alimentos [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	808.1	808.1
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale	(111.5)
Ending balance	696.6	808.1
Cost [Member] | Federal Foods LLC [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	63.9	70.5
Additions
Disposals
Business combination		(7.3)
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	10.9	0.7
Transfer - held for sale
Ending balance	74.8	63.9
Cost [Member] | Federal Foods Qatar [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	313.2	308.4
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	53.6	4.8
Transfer - held for sale
Ending balance	366.8	313.2
Cost [Member] | Golden Foods Sales Limited [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	771.6	684.5
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	130.3	87.1
Transfer - held for sale	(902)
Ending balance	(0.1)	771.6
Cost [Member] | GQFE Golden Quality Foods Europe [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	2.8	2.4
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	0.3	0.4
Transfer - held for sale	(3.1)
Ending balance		2.8
Cost [Member] | Incubatorio Paraiso [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	0.7	0.7
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	0.7	0.7
Cost [Member] | Invicta Food Group [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	0.7	0.6
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	0.1	0.1
Transfer - held for sale	(0.8)
Ending balance		0.7
Cost [Member] | Paraiso Agroindustrial [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	16.8	16.8
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	16.8	16.8
Cost [Member] | Perdigao Mato Grosso [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	7.6	7.6
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	7.6	7.6
Cost [Member] | Quickfood S.A. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	97.1	113.8
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)	202.6
Exchange rate variation	(40.2)	(16.7)
Transfer - held for sale	(259.5)
Ending balance		97.1
Cost [Member] | Sadia [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,214	1,214
Additions
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale	(201.4)
Ending balance	1,012.6	1,214
Cost [Member] | Universal Meats Ltd. [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	52	57.6
Additions
Disposals
Business combination		(10.2)
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	5.7	4.6
Transfer - held for sale	(57.7)
Ending balance		52
Cost [Member] | Non-Compete Agreement [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	62	51
Additions	33.7	11.5
Disposals
Business combination		0.5
Transfers
Restatement by Hyperinflation (1)	9.1
Exchange rate variation	(0.1)	(1)
Transfer - held for sale	(14.7)
Ending balance	90	62
Cost [Member] | Goodwill [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	4,192.2	4,343.5
Additions
Disposals
Business combination		(203.7)
Transfers
Restatement by Hyperinflation (1)	324
Exchange rate variation	116.8	52.4
Transfer - held for sale	(1,937.9)
Ending balance	2,695.1	4,192.2
Cost [Member] | Import Quotas [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	111.8	58.2
Additions
Disposals
Business combination		42.2
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	12.3	11.4
Transfer - held for sale	(124)
Ending balance	0.1	111.8
Cost [Member] | Outgrowers Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	15	14.7
Additions		0.3
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	15	15
Cost [Member] | Trademarks [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,649.9	1,313.2
Additions
Disposals
Business combination		386.9
Transfers
Restatement by Hyperinflation (1)	250.7
Exchange rate variation	(140.2)	(50.2)
Transfer - held for sale	(424.3)
Ending balance	1,336.1	1,649.9
Cost [Member] | Patents [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	6.8	6.9
Additions
Disposals
Business combination
Transfers	(0.1)
Restatement by Hyperinflation (1)
Exchange rate variation	(0.2)	(0.1)
Transfer - held for sale	(0.6)
Ending balance	5.9	6.8
Cost [Member] | Customer Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,220.8	815.2
Additions
Disposals
Business combination		403.5
Transfers		10.6
Restatement by Hyperinflation (1)	149.1
Exchange rate variation	19.3	(8.5)
Transfer - held for sale	(493.1)
Ending balance	896.1	1,220.8
Cost [Member] | Supplier Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	2.1	14.6
Additions
Disposals		(2)
Business combination
Transfers		(10.6)
Restatement by Hyperinflation (1)
Exchange rate variation	0.4	0.1
Transfer - held for sale	(2.4)
Ending balance	0.1	2.1
Cost [Member] | Software [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	516.3	504.3
Additions	2	40.3
Disposals	(121.9)	(176.9)
Business combination		2.7
Transfers	121.8	146.3
Restatement by Hyperinflation (1)	30.5
Exchange rate variation	(2.4)	(0.4)
Transfer - held for sale	(54.5)
Ending balance	491.8	516.3
Amortization/Depreciation [Member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	(579.3)	(449)
Additions	(271.2)	(299.9)
Disposals	121.9	177.5
Business combination		0.2
Transfers	0.3
Restatement by Hyperinflation (1)	(89.3)
Exchange rate variation	(18.4)	(8.1)
Transfer - held for sale	325.2
Ending balance	(510.8)	R$ 579.3
Amortization/Depreciation [Member] | Non-Compete Agreement [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		27.59%
Beginning balance	(23.4)	R$ 7.6
Additions	(26.8)	(16.1)
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)	(5.8)
Exchange rate variation	0.9	0.3
Transfer - held for sale	9.4
Ending balance	(45.7)	R$ 23.4
Amortization/Depreciation [Member] | Import Quotas [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		73.63%
Beginning balance	(93.1)	R$ 21.7
Additions	(14.4)	(63.5)
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation	(11.3)	(7.9)
Transfer - held for sale	118.8
Ending balance		R$ 93.1
Amortization/Depreciation [Member] | Outgrowers Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		13.15%
Beginning balance	(9.6)	R$ 7.7
Additions	(2)	(1.9)
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale
Ending balance	(11.6)	R$ 9.6
Amortization/Depreciation [Member] | Patents [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		27.42%
Beginning balance	(4.9)	R$ 3.9
Additions	(0.8)	(1.1)
Disposals
Business combination
Transfers
Restatement by Hyperinflation (1)	(0.9)
Exchange rate variation	0.2	0.1
Transfer - held for sale	1.3
Ending balance	(5.1)	R$ 4.9
Amortization/Depreciation [Member] | Customer Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		7.59%
Beginning balance	(154.5)	R$ 81.3
Additions	(99.7)	(72.2)
Disposals
Business combination		0.2
Transfers
Restatement by Hyperinflation (1)	(55.6)
Exchange rate variation	(11.8)	(1.2)
Transfer - held for sale	149.1
Ending balance	(172.5)	R$ 154.5
Amortization/Depreciation [Member] | Supplier Relationship [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		5.00%
Beginning balance	(0.1)	R$ 2.0
Additions	(0.1)	(0.1)
Disposals		2
Business combination
Transfers
Restatement by Hyperinflation (1)
Exchange rate variation
Transfer - held for sale	0.2
Ending balance		R$ 0.1
Amortization/Depreciation [Member] | Software [Member]
Disclosure of detailed information about intangible assets [line items]
Weighted average amortization rate (p.a.)		19.93%
Beginning balance	(293.7)	R$ 324.8
Additions	(127.4)	(145)
Disposals	121.9	175.5
Business combination
Transfers	0.3
Restatement by Hyperinflation (1)	(27)
Exchange rate variation	3.6	0.6
Transfer - held for sale	46.4
Ending balance	R$ 275.9	R$ 293.7

18. INTANGIBLE ASSETS (Details

18. INTANGIBLE ASSETS (Details 1) - Discounted cash flow [Member]	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
GDP Brazil [Member]
Disclosure of detailed information about intangible assets [line items]
Percentage of discounted rate	2.63%	2.67%	3.07%	3.05%	2.57%
GDP Halal [Member]
Disclosure of detailed information about intangible assets [line items]
Percentage of discounted rate	3.20%	3.20%	3.20%	3.20%	3.30%
Inflation Brazil [Member]
Disclosure of detailed information about intangible assets [line items]
Percentage of discounted rate	4.00%	4.00%	4.00%	4.23%	4.09%

18. INTANGIBLE ASSETS (Detail_2

18. INTANGIBLE ASSETS (Details 2)	Dec. 31, 2018R$ / shares
Disclosure of detailed information about intangible assets [line items]
Apreciation (devaluation) before	1.00%
Apreciation (devaluation) variations	0.00%
Apreciation (devaluation) after	(1.00%)
Halal [Member]
Disclosure of detailed information about intangible assets [line items]
WACC,before	11.17%
WACC, variations	10.17%
WACC, after	9.17%
EBIT MARGIN, before	11.42%
EBIT MARGIN, variation	R$ 10.42
EBIT MARGIN,after	R$ 9.42
BRAZIL [Member]
Disclosure of detailed information about intangible assets [line items]
WACC,before	11.22%
WACC, variations	10.22%
WACC, after	9.22%
EBIT MARGIN, before	10.32%
EBIT MARGIN, variation	R$ 9.32
EBIT MARGIN,after	R$ 8.32
International [Member]
Disclosure of detailed information about intangible assets [line items]
WACC,before	10.33%
WACC, variations	9.33%
WACC, after	8.33%
EBIT MARGIN, before	11.05%
EBIT MARGIN, variation	R$ 10.05
EBIT MARGIN,after	R$ 9.05

19. LOANS AND FINANCING (Detail

19. LOANS AND FINANCING (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
LoansAndFinancingLineItems [Line Items]
Current	R$ 3077.1	R$ 3592.8
Non-current	7,550	5,750.3
Local currency Debt	10,627.1	9,343.1
Current	1,470.3	1,438.6
Non-current	10,068.1	9,662.7
Foreign currency Debt	11,538.4	11,101.3
Short term Borrowings	4,547.4	5,031.4
Long term Borrowings	17,618.1	15,413
Borrowings	R$ 22165.5	20,444.4
Working Capital [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	''Fixed rate / 118% of CDI (7.79% on 12.31.17)
Weighted average interest rate (p.a.)	'7.78% (7.79% on 12.31.17)
WAMT	1 year 8 months 12 days
Current	R$ 1695.4	1,631.5
Non-current	4,167.6	923.9
Local currency Debt	R$ 5863.0	2,555.4
Charges (p.a.)	'46.84% (23.10% on 12.31.17) + e.r. ARS / + e.r US$
Weighted average interest rate (p.a.)	'46.84% (23.10% on 12.31.17) + e.r. ARS / + e.r US$
Current	R$ 0.0	128.1
Non-current	0	39.7
Foreign currency Debt	R$ 0.0	167.9
Working Capital [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'21.91% (15.95% on 12.31.17) + e.r TRY
Weighted average interest rate (p.a.)	'21.91% (15.95% on 12.31.17) + e.r TRY
WAMT	8 months 12 days
Current	R$ 157.9	249.2
Non-current	36.7	0
Foreign currency Debt	R$ 194.6	249.2
Certificate Of Agribusiness Receivables [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'96.40% of CDI / IPCA + 5,90% (96.51% of CDI / IPCA + 5,90% on 12.31.17)
Weighted average interest rate (p.a.)	'6.08% (7.41% on 12.31.17)
WAMT	1 year 7 months 6 days
Current	R$ 1114.9	1,097.9
Non-current	1,482.6	2,473.8
Local currency Debt	R$ 2597.5	3,571.7
Development Bank Credit Lines [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'Fixed rate / Selic / TJLP + 1.25% (Fixed rate / Selic / TJLP + 1.48% on 12.31.17)
Weighted average interest rate (p.a.)	'6.16% (6.78% on 12.31.17)
WAMT	1 year 1 month 6 days
Current	R$ 220.4	313.3
Non-current	44.1	256.8
Local currency Debt	R$ 264.5	570.1
Charges (p.a.)	'(UMBNDES + 1.73% on 12.31.17) + e.r. US$ and other currencies
Weighted average interest rate (p.a.)	'(6.22% on 12.31.17) + e.r. US$ and other currencies
Current	R$ 0.0	2.6
Non-current	0	1
Foreign currency Debt	R$ 0.0	3.6
Bonds [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'(7.75% on 12.31.17)
Weighted average interest rate (p.a.)	'(7.75% on 12.31.17)
WAMT
Current	R$ 0.0	503.8
Non-current	0	0
Local currency Debt	R$ 0.0	503.8
Charges (p.a.)	'4.07% (4.08% on 12.31.17) + e.r. US$ and EUR
Weighted average interest rate (p.a.)	'4.07% (4.08% on 12.31.17) + e.r. US$ and EUR
WAMT	4 years 9 months 18 days
Current	R$ 99.5	105.1
Non-current	9,646.9	8,424.8
Foreign currency Debt	R$ 9746.4	8,529.9
Export Credit Facility [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'109.45% of CDI (100.35% on 12.31.17)
Weighted average interest rate (p.a.)	'9.02% (6.91% on 12.31.17)
WAMT	3 years 2 months 12 days
Current	R$ 39.3	39.2
Non-current	1,586	1,850
Local currency Debt	R$ 1625.3	1,889.2
Charges (p.a.)	'LIBOR + 0.25% (LIBOR + 1.85% on 12.31.17) + e.r. US$
Weighted average interest rate (p.a.)	'2.47% (3.35% on 12.31.17) + e.r. US$
WAMT	9 months 18 days
Current	R$ 998.7	953.5
Non-current	384.5	1,197.2
Foreign currency Debt	R$ 1383.2	2,150.7
Special Program Asset Restructuring [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'Fixed rate / IGPM + 4.90% (Fixed rate / IGPM + 4.90% on 12.31.17)
Weighted average interest rate (p.a.)	'12.45% (4.36% on 12.31.17)
WAMT	1 year 4 months 24 days
Current	R$ 3.8	3.5
Non-current	269.7	245.8
Local currency Debt	R$ 273.5	249.4
Fiscal Incentives [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'2.40% (2.40% on 12.31.17)
Weighted average interest rate (p.a.)	'2.40% (2.40% on 12.31.17)
WAMT	6 months
Current	R$ 3.3	3.6
Non-current	0	0
Local currency Debt	R$ 3.3	3.6
Advances For Foreign Exchange Rate Contracts [Member]
LoansAndFinancingLineItems [Line Items]
Charges (p.a.)	'4.67% + e.r. US$
Weighted average interest rate (p.a.)	'4.67% + e.r. US$
WAMT	9 months 18 days
Current	R$ 214.2	0
Non-current	0	0
Foreign currency Debt	R$ 214.2	R$ 0.0

19. LOANS AND FINANCING (Deta_2

19. LOANS AND FINANCING (Details 1) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
LoansAndFinancingLineItems [Line Items]
Loans and financing	R$ 22165.5	R$ 20444.4
2019 [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	4,555.9
2020 [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	3,395.4
2021 [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	2,936
2022 [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	3,072.7
2023 [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	3,399.9
2024 onwards [Member]
LoansAndFinancingLineItems [Line Items]
Loans and financing	R$ 4805.6

19. LOANS AND FINANCING (Deta_3

19. LOANS AND FINANCING (Details 2) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
LoansAndFinancingLineItems [Line Items]
Loans and financing	R$ 22165.5	R$ 20444.4
Mortgage guarantees Related to FINEM-BNDES, FNE-BNB, & tax incentives and other	267.8	577.2
Related to FINEM-BNDES [Member]
LoansAndFinancingLineItems [Line Items]
Mortgage guarantees Related to FINEM-BNDES, FNE-BNB, & tax incentives and other	217.6	462.8
Related to tax incentives and other [Member]
LoansAndFinancingLineItems [Line Items]
Mortgage guarantees Related to FINEM-BNDES, FNE-BNB, & tax incentives and other	R$ 50.2	R$ 114.4

19. LOANS AND FINANCING (Deta_4

19. LOANS AND FINANCING (Details 3) R$ in Millions	Dec. 31, 2018BRL (R$)
LoansAndFinancingLineItems [Line Items]
Commitments	R$ 5708.9
2019 [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	4,338.1
2020 [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	527.8
2021 [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	57.5
2022 [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	158.9
2023 [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	111.6
2024 onwards [Member]
LoansAndFinancingLineItems [Line Items]
Commitments	R$ 315.0

20. TRADE ACCOUNTS PAYABLE (Det

20. TRADE ACCOUNTS PAYABLE (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
TradeAccountsPayableLineItems [Line Items]
Adjustment to present value	R$ 48.0	R$ 52.8
Trade and accounts payable	5,552.4	6,445.5
Domestic [Member]
TradeAccountsPayableLineItems [Line Items]
Third parties	4,700.8	4,647.7
Related parties	0	16.6
Total	4,700.8	4,664.3
Foreign [Member]
TradeAccountsPayableLineItems [Line Items]
Third parties	1,079.4	2,030.7
Related parties	0	0
Total	R$ 1079.4	R$ 2030.7

20. TRADE ACCOUNTS PAYABLE (D_2

20. TRADE ACCOUNTS PAYABLE (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Trade Accounts Payable Narratives Abstract
Average payment period	94 days	97 days
Trade accounts payable related to supply chain financing	R$ 1301.3	R$ 1787.7

21. SUPPLY CHAIN FINANCE (Detai

21. SUPPLY CHAIN FINANCE (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
SupplyChainFinanceLineItems [Line Items]
Suppliers	R$ 885.8	R$ 715.2
Domestic suppliers [Member]
SupplyChainFinanceLineItems [Line Items]
Suppliers	715.3	518.4
Foreign suppliers [Member]
SupplyChainFinanceLineItems [Line Items]
Suppliers	R$ 170.5	R$ 196.8

21. SUPPLY CHAIN FINANCE (Det_2

21. SUPPLY CHAIN FINANCE (Details Narratives)	Dec. 31, 2018	Dec. 31, 2017
Domestic suppliers [Member] | Bottom of range [Member]
SupplyChainFinanceLineItems [Line Items]
Discount rates applied on transactions	0.52%	0.57%
Domestic suppliers [Member] | Top of range [Member]
SupplyChainFinanceLineItems [Line Items]
Discount rates applied on transactions	0.75%	0.84%
Foreign suppliers [Member] | Bottom of range [Member]
SupplyChainFinanceLineItems [Line Items]
Discount rates applied on transactions	0.31%	0.19%
Foreign suppliers [Member] | Top of range [Member]
SupplyChainFinanceLineItems [Line Items]
Discount rates applied on transactions	0.50%	0.29%

22. DERIVATIVE FINANCIAL INST_3

22. DERIVATIVE FINANCIAL INSTRUMENTS (Details) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Current assets	R$ 182.3	R$ 90.5
Current liabilities	(235)	(299.5)
Designated as Cash Flow Hedge [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	140.9	27.4
Liabilities	(110.7)	(208.8)
Designated as Cash Flow Hedge [Member] | Non-Deliverable Forward (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	16.8	1.1
Designated as Cash Flow Hedge [Member] | Currency Option Contracts [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	101.4	23.5
Liabilities	(75.8)	(25.9)
Designated as Cash Flow Hedge [Member] | Commodities (Corn) Non-Deliverable Forward (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	22.1	0.8
Liabilities	(3.5)	(4.6)
Designated as Cash Flow Hedge [Member] | Corn Option Contracts - B3 [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	0	0.8
Liabilities	0	(0.6)
Designated as Cash Flow Hedge [Member] | Commodities (soybean) non-deliverable forward (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	0.6	1.1
Liabilities	(3.3)	0
Designated as Cash Flow Hedge [Member] | Commodities (soybean oil) non-deliverable forward (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	0	0.1
Liabilities	(4.3)	(0.1)
Designated as Cash Flow Hedge [Member] | Non-deliverable forward of currency (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	(21)	(6.8)
Designated as Cash Flow Hedge [Member] | Corn Future Contracts - B3 [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	(0.1)	0
Designated as Cash Flow Hedge [Member] | Commodities (soybean meal) non-deliverable forward (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	(2.7)	(3)
Designated as Cash Flow Hedge [Member] | Soybean meal option contracts [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	0	(1.5)
Designated as Cash Flow Hedge [Member] | Exchange Rate Contracts Currency (Swap) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	0	(166.3)
Not Designated As Cash Flow Hedge [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	41.4	63.1
Liabilities	(124.3)	(90.7)
Not Designated As Cash Flow Hedge [Member] | Currency Option Contracts [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	2.6	1.5
Not Designated As Cash Flow Hedge [Member] | Non-deliverable forward of currency (NDF) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	2.4	36.4
Liabilities	(12.3)	(2)
Not Designated As Cash Flow Hedge [Member] | Exchange Rate Contracts Currency (Swap) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Assets	36.4	25.2
Not Designated As Cash Flow Hedge [Member] | Currency future contracts - B3 [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	(9.4)	(0.2)
Not Designated As Cash Flow Hedge [Member] | Swap (Index / Currency / Stocks) [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	(3.4)	(2)
Not Designated As Cash Flow Hedge [Member] | Deliverable Forwards Contracts [Member]
OtherFinancialAssetsAndLiabilitiesLineItems [Line Items]
Liabilities	R$ 99.2	R$ 86.5

23. LEASES (Details)

23. LEASES (Details) R$ in Millions	Dec. 31, 2018BRL (R$)
Disclosure of finance lease and operating lease by lessee [line items]
Total	R$ 2126.4
2019 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	421.7
2020 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	103.7
2021 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	108.4
2022 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	49.4
2023 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	157.3
2024 onwards [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	R$ 1285.8

23. LEASES (Details 1)

23. LEASES (Details 1) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	R$ 217.6	R$ 236.8
Cost [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	426.7	426
Cost [Member] | Software [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	68.4	97.1
Cost [Member] | Machinery and equipment [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	129.6	97.6
Cost [Member] | Buildings and improvements [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	214.2	216.6
Cost [Member] | Facilities [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	14.5	14.7
Accumulated Depreciation [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	(209.1)	(189.2)
Accumulated Depreciation [Member] | Software [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	R$ 57.5	R$ 84.6
Weighted average interest rate	39.85%	39.85%
Accumulated Depreciation [Member] | Machinery and equipment [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	R$ 75.4	R$ 45.1
Weighted average interest rate	35.15%	35.15%
Accumulated Depreciation [Member] | Buildings and improvements [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	R$ 74.5	R$ 58.8
Weighted average interest rate	6.75%	6.75%
Accumulated Depreciation [Member] | Facilities [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Finance leases mainly for the acquisitions	R$ 1.7	R$ 0.7
Weighted average interest rate	6.67%	6.67%

23. LEASES (Details 2)

23. LEASES (Details 2) R$ in Millions	Dec. 31, 2018BRL (R$)
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	R$ 215.4
Interest	90.2
Minimum future payments	305.6
2019 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	64.8
Interest	17.7
Minimum future payments	82.5
2020 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	42.1
Interest	14
Minimum future payments	56.1
2021 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	21
Interest	8.6
Minimum future payments	29.6
2022 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	16.4
Interest	7.3
Minimum future payments	23.7
2023 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	12.8
Interest	6.8
Minimum future payments	19.6
2024 onwards [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Present value of minimum payments	58.3
Interest	35.8
Minimum future payments	R$ 94.1

23. LEASES (Details 3)

23. LEASES (Details 3) R$ in Millions	Dec. 31, 2018BRL (R$)
Disclosure of finance lease and operating lease by lessee [line items]
Total	R$ 122.4
2019 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	9.4
2020 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	9.4
2021 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	9.4
2022 [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	9.4
2023 onwards [Member]
Disclosure of finance lease and operating lease by lessee [line items]
Total	R$ 84.8

24. SHARE BASED PAYMENT (Detail

24. SHARE BASED PAYMENT (Details)	12 Months Ended
	Dec. 31, 2018
Plan I [Member] | Period 1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	1/3
Deadline	1 year
Plan I [Member] | Period 2 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	2/3
Deadline	2 years
Plan I [Member] | Period 3 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	3/3
Deadline	3 years
Plan I [Member] | Period 4 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity
Deadline
Plan II [Member] | Period 1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	1/4
Deadline	1 year
Plan II [Member] | Period 2 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	2/4
Deadline	2 years
Plan II [Member] | Period 3 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	3/4
Deadline	3 years
Plan II [Member] | Period 4 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Quantity	4/4
Deadline	4 years

24. SHARE BASED PAYMENT (Deta_2

24. SHARE BASED PAYMENT (Details 1)	12 Months Ended
	Dec. 31, 2018NumberR$ / shares	Dec. 31, 2017Number
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options granted | Number	21,805,209
Outstanding options | Number	9,048,405	12,872,189
Plan I [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options granted | Number	8,865,728
Outstanding options | Number	2,262,309
Plan I [Member] | Period 1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	Apr. 4, 2014
Beginning of the year	Apr. 3, 2015
End of the year	Apr. 3, 2019
Options granted | Number	1,552,564
Outstanding options | Number	407,556
Fair value of the option | R$ / shares	R$ 12.56
Price of converted share Grant date | R$ / shares	44.48
Price of converted share Updated IPCA | R$ / shares	R$ 58.11
Plan I [Member] | Period 2 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	May 2, 2014
Beginning of the year	May 1, 2015
End of the year	May 1, 2019
Options granted | Number	1,610,450
Outstanding options | Number	314,113
Fair value of the option | R$ / shares	R$ 14.11
Price of converted share Grant date | R$ / shares	47.98
Price of converted share Updated IPCA | R$ / shares	R$ 62.27
Plan I [Member] | Period 3 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	Dec. 18, 2014
Beginning of the year	Dec. 17, 2015
End of the year	Dec. 17, 2019
Options granted | Number	5,702,714
Outstanding options | Number	1,540,640
Fair value of the option | R$ / shares	R$ 14.58
Price of converted share Grant date | R$ / shares	63.49
Price of converted share Updated IPCA | R$ / shares	R$ 80.27
Plan II [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options granted | Number	12,939,481
Outstanding options | Number	3,895,145
Plan II [Member] | Period 1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	Apr. 26, 2016
Beginning of the year	Apr. 30, 2017
End of the year	Dec. 30, 2022
Options granted | Number	8,724,733
Outstanding options | Number	2,375,000
Fair value of the option | R$ / shares	R$ 9.21
Price of converted share Grant date | R$ / shares	56
Price of converted share Updated IPCA | R$ / shares	R$ 61.48
Plan II [Member] | Period 2 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	May 31, 2016
Beginning of the year	May 31, 2017
End of the year	Dec. 30, 2022
Options granted | Number	3,351,220
Outstanding options | Number	1,327,100
Fair value of the option | R$ / shares	R$ 10.97
Price of converted share Grant date | R$ / shares	46.68
Price of converted share Updated IPCA | R$ / shares	R$ 50.85
Plan II [Member] | Period 3 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	Mar. 30, 2017
Beginning of the year	Mar. 30, 2018
End of the year	Dec. 29, 2023
Options granted | Number	863,528
Outstanding options | Number	193,045
Fair value of the option | R$ / shares	R$ 9.45
Price of converted share Grant date | R$ / shares	38.43
Price of converted share Updated IPCA | R$ / shares	R$ 40.59

24. SHARE BASED PAYMENT (Deta_3

24. SHARE BASED PAYMENT (Details 2) R$ in Thousands	12 Months Ended
	Dec. 31, 2018BRL (R$)shares
Restricted Stock Plan Due August 31, 2017 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	08.31.19
Shares granted	716,846
Outstanding shares	250,334
Fair value of the shares | R$	R$ 41850
Restricted Stock Plan Due April 26, 2018 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	04.26.20
Shares granted	276,000
Outstanding shares	276,000
Fair value of the shares | R$	R$ 22290
Restricted Stock Plan Due June 14, 2018 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	06.14.20
Shares granted	270,000
Outstanding shares	270,000
Fair value of the shares | R$	R$ 20000
Restricted Stock Plan Due October 1, 2018 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Grant date	10.01.20
Shares granted	2,311,394
Outstanding shares	2,294,717
Fair value of the shares | R$	R$ 21440
Restricted Stock Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Shares granted	3,574,240
Outstanding shares	3,091,051

24. SHARE BASED PAYMENT (Deta_4

24. SHARE BASED PAYMENT (Details 3)	12 Months Ended
	Dec. 31, 2018Number
Disclosure of defined benefit plans [line items]
Outstanding options as of (Beginning)	12,872,189
Anticipated transfer on april 2018 (Restricted shares plan)	(200,100)
Outstanding options as of (Ending)	9,048,405
June 2018 - (Restricted shares plan)
Disclosure of defined benefit plans [line items]
Issued - grant of 2018	270,000
April 2018 - (Restricted shares plan)
Disclosure of defined benefit plans [line items]
Issued - grant of 2018	276,000
May 2018
Disclosure of defined benefit plans [line items]
Issued - grant of 2018	150,000
October 2018
Disclosure of defined benefit plans [line items]
Issued - grant of 2018	2,311,394
December of 2018 (Restricted shares plan)
Disclosure of defined benefit plans [line items]
Exercised:	(214)
Exercised on December of 2017 (Restricted shares plan)
Disclosure of defined benefit plans [line items]
Exercised:	(76,163)
Grant of 2018
Disclosure of defined benefit plans [line items]
Forfeiture:	(150,000)
Grant of 2017
Disclosure of defined benefit plans [line items]
Forfeiture:	(733,168)
Grant of 2017 (Restricted shares)
Disclosure of defined benefit plans [line items]
Forfeiture:	(396,786)
Grant of 2016
Disclosure of defined benefit plans [line items]
Forfeiture:	(2,976,160)
Grant of 2015
Disclosure of defined benefit plans [line items]
Forfeiture:	(1,917,974)
Grant of 2014
Disclosure of defined benefit plans [line items]
Forfeiture:	(75,645)
Grant of 2013
Disclosure of defined benefit plans [line items]
Forfeiture:	(304,968)

24. SHARE BASED PAYMENT (Deta_5

24. SHARE BASED PAYMENT (Details 4)	12 Months Ended
	Dec. 31, 2017R$ / shares
Plan I [Member]
Expected maturity of the option:
Exercise in the 1st year	3 years
Exercise in the 2nd year	3 years 6 months
Exercise in the 3rd year	4 years
Exercise in the 4th year
Risk-free interest rate	5.86%
Volatility	25.38%
Expected dividends over shares	1.16%
Expected inflation rate	R$ 0.0400
Plan II [Member]
Expected maturity of the option:
Exercise in the 1st year	3 years 6 months
Exercise in the 2nd year	4 years
Exercise in the 3rd year	4 years 6 months
Exercise in the 4th year	5 years
Risk-free interest rate	6.34%
Volatility	27.43%
Expected dividends over shares	2.43%
Expected inflation rate	R$ 0.0389

24. SHARE BASED PAYMENT (Deta_6

24. SHARE BASED PAYMENT (Details Narrative) - R$ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Based Payment Details Narrative Abstract
Weighted average fair value of options outstanding	R$ 10.11	R$ 11.36

25. EMPLOYEES BENEFITS PLANS (D

25. EMPLOYEES BENEFITS PLANS (Details)	12 Months Ended
	Dec. 31, 2018
Plan I [Member]
Disclosure of defined benefit plans [line items]
Modality	Defined Benefit
Adhesions	Closed
Plan II [Member]
Disclosure of defined benefit plans [line items]
Modality	Defined Benefit
Adhesions	Closed
Plan III [Member]
Disclosure of defined benefit plans [line items]
Modality	Defined Contribution
Adhesions	Open
FAF [Member]
Disclosure of defined benefit plans [line items]
Modality	Defined Benefit
Adhesions	Closed

25. EMPLOYEES BENEFITS PLANS _2

25. EMPLOYEES BENEFITS PLANS (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
FAF [Member]
Composition of actuarial assets and liabilities
Present value of actuarial liabilities	R$ 2498.6	R$ 2275.9
Fair value of actuarial assets	(3,193.9)	(3,077.4)
(Surplus) Deficit	(695.3)	(801.5)
Irrecoverable surplus - (asset ceiling)	695.4	801.5
Net acturial asset	0.1	0
Rollforward of irrecoverable surplus
Beginning balance of irrecoverable surplus	801.5	838.3
Interest on irrecoverable surplus	78.1	93.9
Changes in irrecoverable surplus during the year	(184.2)	(130.7)
Ending balance of irrecoverable surplus	695.4	801.5
Rollforward of present value of actuarial liabilities
Beginning balance of the present value of liabilities	2,275.8	2,000.3
Interest on actuarial obligations	215.4	217.3
Current service cost	28	26.8
Benefit paid	(129.1)	(117.5)
Actuarial losses - experience	36	(48.7)
Actuarial losses - hypothesis	72.4	197.6
Ending balance of actuarial liabilities	2,498.6	2,275.8
Rollforward of fair value assets
Beginning balance of the fair value of plan assets	(3,077.4)	(2,838.7)
Interest income on assets plan	(293.5)	(311.2)
Benefit paid	129.1	117.5
Return on assets higher (lower) than projection	47.9	(45)
Ending balance of fair value assets	(3,193.9)	(3,077.4)
Rollforward of comprehensive income
Beginning balance	26.8	23.3
Reversion to statement of income	(26.8)	(23.3)
Actuarial gains (losses)	(108.4)	(148.9)
Return on assets higher (lower) than projection	(47.9)	45
Changes on irrecoverable surplus	184.2	130.7
Ending balance	27.9	26.8
Costs recognized in statement of income
Current service costs	(28)	(26.8)
Interest	(78.1)	(93.9)
Projected return on assets	293.5	311.2
Costs recognized in statement of income	(28)	(26.8)
Estimated costs for the next period
Costs of defined benefit	(28.2)	(28)
Estimated costs for the next period	(28.2)	(28)
Plans I and II [Member]
Composition of actuarial assets and liabilities
Present value of actuarial liabilities	17.4	16
Fair value of actuarial assets	(27.8)	(26.7)
(Surplus) Deficit	(10.4)	(10.7)
Irrecoverable surplus - (asset ceiling)	8.5	8.5
Net acturial asset	(1.9)	(2.2)
Rollforward of irrecoverable surplus
Beginning balance of irrecoverable surplus	8.5	8.1
Interest on irrecoverable surplus	0.8	0.9
Changes in irrecoverable surplus during the year	(0.8)	(0.5)
Ending balance of irrecoverable surplus	8.5	8.5
Rollforward of present value of actuarial liabilities
Beginning balance of the present value of liabilities	15.9	15.2
Interest on actuarial obligations	1.5	1.6
Current service cost	0	0
Benefit paid	(1.3)	(1.5)
Actuarial losses - experience	0.8	(0.6)
Actuarial losses - hypothesis	0.4	1.2
Ending balance of actuarial liabilities	17.4	15.9
Rollforward of fair value assets
Beginning balance of the fair value of plan assets	(26.7)	(26.5)
Interest income on assets plan	(2.5)	(2.9)
Benefit paid	1.3	1.5
Return on assets higher (lower) than projection	0.1	1.2
Ending balance of fair value assets	(27.8)	(26.7)
Rollforward of comprehensive income
Beginning balance	(1.3)	(2.1)
Reversion to statement of income	1.3	2.1
Actuarial gains (losses)	(1.2)	(0.6)
Return on assets higher (lower) than projection	(0.1)	(1.2)
Changes on irrecoverable surplus	0.8	0.5
Ending balance	(0.5)	(1.3)
Costs recognized in statement of income
Current service costs	0	0
Interest	(0.8)	(0.9)
Projected return on assets	2.5	2.9
Costs recognized in statement of income	0.2	0.4
Estimated costs for the next period
Costs of defined benefit	0.2	0.2
Estimated costs for the next period	R$ 0.2	R$ 0.2

25. EMPLOYEES BENEFITS PLANS _3

25. EMPLOYEES BENEFITS PLANS (Details 2) - Number	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
FAF [Member]
Disclosure of defined benefit plans [line items]
Discount rate	9.22%	9.74%
Inflation rate	4.00%	4.25%
Wage growth rate	4.68%	4.93%
Number of active participants	7,137	7,924
Number of participants in direct proportional benefit	30	10
Number of assisted beneficiary participants	6,498	6,233
FAF [Member] | Schedule of mortality [Member]
Disclosure of defined benefit plans [line items]
Schedule of mortality & disabled mortality	AT-2000	AT-2000
FAF [Member] | Schedule of disabled mortality [Member]
Disclosure of defined benefit plans [line items]
Schedule of mortality & disabled mortality	RRB-1983	RRB-1983
Plans I and II [Member]
Disclosure of defined benefit plans [line items]
Discount rate	9.19%	9.72%
Inflation rate	4.00%	4.25%
Wage growth rate
Number of active participants
Number of participants in direct proportional benefit
Number of assisted beneficiary participants	51	51
Plans I and II [Member] | Schedule of mortality [Member]
Disclosure of defined benefit plans [line items]
Schedule of mortality & disabled mortality	AT-2000	AT-2000
Plans I and II [Member] | Schedule of disabled mortality [Member]
Disclosure of defined benefit plans [line items]
Schedule of mortality & disabled mortality	RRB-1983	RRB-1983

25. EMPLOYEES BENEFITS PLANS _4

25. EMPLOYEES BENEFITS PLANS (Details 3) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
FAF [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 3194.0	R$ 3077.4
Percentage of plan assets at fair value	100.00%	100.00%
% of nominal return on assets	9.36%	10.90%
FAF [Member] | Fixed income [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 2306.7	R$ 2238.1
Percentage of plan assets at fair value	72.20%	72.70%
FAF [Member] | Variable income [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 362.5	R$ 363.6
Percentage of plan assets at fair value	11.30%	11.80%
FAF [Member] | Real estate [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 271.2	R$ 197.7
Percentage of plan assets at fair value	8.50%	6.40%
FAF [Member] | Structured investments [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 233.5	R$ 257.5
Percentage of plan assets at fair value	7.30%	8.40%
FAF [Member] | Transactions with participants [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 20.1	R$ 20.4
Percentage of plan assets at fair value	0.70%	0.70%
Plans I and II [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 27.9	R$ 26.7
Percentage of plan assets at fair value	100.00%	100.00%
% of nominal return on assets	7.50%	8.92%
Plans I and II [Member] | Fixed income [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 24.0	R$ 23.1
Percentage of plan assets at fair value	86.40%	86.40%
Plans I and II [Member] | Variable income [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 2.3	R$ 2.5
Percentage of plan assets at fair value	8.10%	9.30%
Plans I and II [Member] | Real estate [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value
Percentage of plan assets at fair value	0.00%	0.00%
Plans I and II [Member] | Structured investments [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 1.5	R$ 1.1
Percentage of plan assets at fair value	5.30%	4.10%
Plans I and II [Member] | Transactions with participants [Member]
Disclosure of defined benefit plans [line items]
Plan assets at fair value	R$ 0.1
Percentage of plan assets at fair value	0.20%	0.20%

25. EMPLOYEES BENEFITS PLANS _5

25. EMPLOYEES BENEFITS PLANS (Details 4) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)Number
Disclosure of defined benefit plans [line items]
2019	R$ 94.8
2020	38.9
2021	42.4
2022	38.9
2023	43.7
2024 onwards	R$ 224.4
Weighted average duration - in years | Number	6.71
FAF [Member]
Disclosure of defined benefit plans [line items]
2019	R$ 141.4
2020	150.6
2021	161.8
2022	172.6
2023	183.3
2024 onwards	R$ 1093.7
Weighted average duration - in years | Number	12.49
Plans I and II [Member]
Disclosure of defined benefit plans [line items]
2019	R$ 1.3
2020	1.4
2021	1.4
2022	1.4
2023	1.5
2024 onwards	R$ 8.1
Weighted average duration - in years | Number	10.37

25. EMPLOYEES BENEFITS PLANS _6

25. EMPLOYEES BENEFITS PLANS (Details 5) - FAF [Member] R$ in Millions	Dec. 31, 2018BRL (R$)
Discount rate [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	9.22%
Average rate	10.22%
Actuarial liabilities	R$ 263.1
Average rate	8.22%
Actuarial liabilities	R$ 321.7
Wage growth rate [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	4.68%
Average rate	5.68%
Actuarial liabilities	R$ 79.9
Average rate	3.68%
Actuarial liabilities	R$ 54.8

25. EMPLOYEES BENEFITS PLANS _7

25. EMPLOYEES BENEFITS PLANS (Details 6) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan	R$ 468.1	R$ 428.2
Current	94.7	85.2
Non-current	373.4	343.1
Medical plan [Member]
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan		132.8
Medical plan [Member] | Present value of defined benefit obligation [Member]
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan	149
F.G.T.S. Penalty [Member]
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan	167.6	161.3
Award for length of service [Member]
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan	55.1	49.3
OtherMember
Disclosure of defined benefit plans [line items]
Recognised liabilities defined benefit plan	R$ 96.4	R$ 84.8

25. EMPLOYEES BENEFITS PLANS _8

25. EMPLOYEES BENEFITS PLANS (Details 7) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Medical plan [Member]
Rollforward of comprehensive income
Beginning balance	R$ 37.4	R$ 31.2
Actuarial gains (losses)		(6.2)
Ending balance		(37.4)
Estimated costs for the next period
Current service costs		(0.2)
Interest on actuarial liabilities		(12.7)
Estimated costs for the next period		(12.9)
Medical plan [Member] | Present value of defined benefit obligation [Member]
Composition of actuarial liabilities
Present value of actuarial liabilities			R$ 149.0	R$ 132.8
Net liabilities	148.9	132.8	148.9	132.8
Rollforward of present value of actuarial liabilities
Beginning balance	132.8	112.3
Interest	12.7	12.3
Current service costs	0.2	0.2
Past service costs - changes in plan	0	2.9
Benefits paid directly by the Company	(6.6)	(1.1)
Present value of actuarial liabilities calculated in 2018	0	0
Actuarial (gains) losses - experience	5.4	(5.1)
Actuarial (gains) losses - demographic hypothesis	0	(2.4)
Actuarial losses - economic hypothesis	4.4	13.7
Ending balance	148.9	132.8
Rollforward of fair value assets
Benefits paid directly by the Company	(6.6)	(1.1)
Contributions of the sponsor	(6.6)	(1.1)
Ending balance	148.9	132.8
Rollforward of comprehensive income
Beginning balance	(37.4)	(31.2)
Actuarial gains (losses)	(9.8)	(6.2)
Ending balance	(47.2)	(37.4)
Costs recognized in statement of income
Interest	(12.7)	(12.3)
Current service costs	(0.2)	(0.2)
Past service costs	0	(2.9)
Cost recognizzed in statement of income	(12.9)	(15.4)
Estimated costs for the next period
Current service costs	0	(0.2)
Interest on actuarial liabilities	(13.5)	(12.7)
Estimated costs for the next period	(13.5)	(12.9)
Medical plan [Member] | Plan assets [Member]
Composition of actuarial liabilities
Net liabilities
Rollforward of present value of actuarial liabilities
Beginning balance
Benefits paid directly by the Company		1.1
Ending balance
Rollforward of fair value assets
Benefits paid directly by the Company		1.1
Contributions of the sponsor		(1.1)
Ending balance
F.G.T.S. Penalty [Member]
Rollforward of comprehensive income
Beginning balance	(86.5)	64.8
Actuarial gains (losses)		(21.6)
Ending balance		(86.5)
Estimated costs for the next period
Current service costs		(6.5)
Interest on actuarial liabilities		(12.2)
Estimated costs for the next period		(18.8)
F.G.T.S. Penalty [Member] | Present value of defined benefit obligation [Member]
Composition of actuarial liabilities
Present value of actuarial liabilities			167.6	161.3
Net liabilities	167.5	161.3	167.5	161.3
Rollforward of present value of actuarial liabilities
Beginning balance	161.3	137.2
Interest	12.2	13.2
Current service costs	6.5	6
Past service costs - changes in plan	0	0
Benefits paid directly by the Company	(20.1)	(16.6)
Present value of actuarial liabilities calculated in 2018	0	0
Actuarial (gains) losses - experience	10.7	14.8
Actuarial (gains) losses - demographic hypothesis	(5.9)	(4.3)
Actuarial losses - economic hypothesis	2.8	11.1
Ending balance	167.5	161.3
Rollforward of fair value assets
Benefits paid directly by the Company	(20.1)	(16.6)
Contributions of the sponsor	(20.1)	(16.6)
Ending balance	167.5	161.3
Rollforward of comprehensive income
Beginning balance	(86.5)	(64.9)
Actuarial gains (losses)	(7.6)	(21.6)
Ending balance	(94.1)	(86.5)
Costs recognized in statement of income
Interest	(12.2)	(13.2)
Current service costs	(6.5)	(6)
Past service costs	0	0
Cost recognizzed in statement of income	(18.7)	(19.2)
Estimated costs for the next period
Current service costs	(6.5)	(6.5)
Interest on actuarial liabilities	(11.8)	(12.2)
Estimated costs for the next period	(18.3)	(18.7)
F.G.T.S. Penalty [Member] | Plan assets [Member]
Composition of actuarial liabilities
Net liabilities
Rollforward of present value of actuarial liabilities
Beginning balance
Benefits paid directly by the Company		16.6
Ending balance
Rollforward of fair value assets
Benefits paid directly by the Company		16.6
Contributions of the sponsor		(16.6)
Ending balance
Award for length of service [Member]
Rollforward of comprehensive income
Beginning balance	(37.5)	(38)
Actuarial gains (losses)		0.5
Ending balance		(37.5)
Estimated costs for the next period
Current service costs		(2.1)
Interest on actuarial liabilities		(4)
Estimated costs for the next period		(6.1)
Award for length of service [Member] | Present value of defined benefit obligation [Member]
Composition of actuarial liabilities
Present value of actuarial liabilities			55.1	49.3
Net liabilities	55.2	49.3	55.2	49.3
Rollforward of present value of actuarial liabilities
Beginning balance	49.3	52
Interest	4	5.1
Current service costs	2.1	2.1
Past service costs - changes in plan	0	0
Benefits paid directly by the Company	(9.7)	(9.5)
Present value of actuarial liabilities calculated in 2018	0	0
Actuarial (gains) losses - experience	9.6	0
Actuarial (gains) losses - demographic hypothesis	(0.7)	(1.8)
Actuarial losses - economic hypothesis	0.6	1.4
Ending balance	55.2	49.3
Rollforward of fair value assets
Benefits paid directly by the Company	(9.7)	(9.5)
Contributions of the sponsor	(9.7)	(9.5)
Ending balance	55.2	49.3
Rollforward of comprehensive income
Beginning balance	(37.5)	(38)
Actuarial gains (losses)	(9.4)	0.5
Ending balance	(46.9)	(37.5)
Costs recognized in statement of income
Interest	(4)	(5.1)
Current service costs	(2.1)	(2.1)
Past service costs	0	0
Cost recognizzed in statement of income	(6.1)	(7.2)
Estimated costs for the next period
Current service costs	(2.6)	(2.1)
Interest on actuarial liabilities	(4.4)	(4)
Estimated costs for the next period	(7)	(6.1)
Award for length of service [Member] | Plan assets [Member]
Composition of actuarial liabilities
Net liabilities
Rollforward of present value of actuarial liabilities
Beginning balance
Benefits paid directly by the Company		9.5
Ending balance
Rollforward of fair value assets
Benefits paid directly by the Company		9.5
Contributions of the sponsor		(9.5)
Ending balance
OtherMember
Rollforward of comprehensive income
Beginning balance	(16)	(12.9)
Actuarial gains (losses)		(3)
Ending balance		(16)
Estimated costs for the next period
Current service costs		(0.8)
Interest on actuarial liabilities		(2.5)
Estimated costs for the next period		(3.3)
OtherMember | Present value of defined benefit obligation [Member]
Composition of actuarial liabilities
Present value of actuarial liabilities			96.4	84.8
Net liabilities	96.5	84.8	R$ 96.5	84.8
Rollforward of present value of actuarial liabilities
Beginning balance	84.8	82.1
Interest	2.5	2.9
Current service costs	0.8	0.9
Past service costs - changes in plan	0	0
Benefits paid directly by the Company	(6.7)	(4.1)
Present value of actuarial liabilities calculated in 2018	10.2	0
Actuarial (gains) losses - experience	4.9	2
Actuarial (gains) losses - demographic hypothesis	(0.9)	(0.8)
Actuarial losses - economic hypothesis	0.9	1.7
Ending balance	96.5	84.8
Rollforward of fair value assets
Benefits paid directly by the Company	(6.7)	(4.1)
Contributions of the sponsor	(6.7)	(4.1)
Ending balance	96.5	84.8
Rollforward of comprehensive income
Beginning balance	(15.9)	(12.9)
Actuarial gains (losses)	(4.8)	(3)
Ending balance	(20.8)	(15.9)
Costs recognized in statement of income
Interest	(2.5)	(2.9)
Current service costs	(0.8)	(0.9)
Past service costs	0	0
Cost recognizzed in statement of income	(3.3)	(3.8)
Estimated costs for the next period
Current service costs	(8.1)	(0.8)
Interest on actuarial liabilities	(4.2)	(2.5)
Estimated costs for the next period	(12.3)	(3.3)
OtherMember | Plan assets [Member]
Composition of actuarial liabilities
Net liabilities
Rollforward of present value of actuarial liabilities
Beginning balance
Benefits paid directly by the Company		4.1
Ending balance
Rollforward of fair value assets
Benefits paid directly by the Company		4.1
Contributions of the sponsor		(4.1)
Ending balance

25. EMPLOYEES BENEFITS PLANS _9

25. EMPLOYEES BENEFITS PLANS (Details 8) - Number	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Medical plan [Member]
Economic hypothesis
Discount rate	9.26%	9.76%
Inflation rate	4.00%	4.25%
Medical inflation	7.12%	7.38%
Wage growth rate
F.G.T.S. balance growth
Demoraphic data
Number of active participants	1,141	1,287
Number of assisted beneficiary participants	609	643
Medical plan [Member] | Schedule of mortality [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical	AT-2000	AT-2000
Medical plan [Member] | Schedule of disabled [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical
Medical plan [Member] | Schedule of turnover - BRF's historical [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical	2018	2017
F.G.T.S. Penalty [Member]
Economic hypothesis
Discount rate	8.76%	9.30%
Inflation rate	4.00%	4.25%
Medical inflation
Wage growth rate	5.18%	4.25%
F.G.T.S. balance growth	4.00%	4.00%
Demoraphic data
Number of active participants	83,966	86,817
Number of assisted beneficiary participants
F.G.T.S. Penalty [Member] | Schedule of mortality [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical	AT-2000	AT-2000
F.G.T.S. Penalty [Member] | Schedule of disabled [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical	RRB-44	RRB-44
F.G.T.S. Penalty [Member] | Schedule of turnover - BRF's historical [Member]
Demographic hypothesis
Schedule of mortality, disabled, disabled mortality, turnover - BRF's historical	2018	2017
Award for length of service [Member]
Economic hypothesis
Discount rate	8.76%	9.30%
Inflation rate	4.00%	4.25%
Medical inflation
Wage growth rate	5.18%	4.25%
F.G.T.S. balance growth	4.00%	4.00%
OtherMember
Economic hypothesis
Discount rate	8.76%	9.30%
Inflation rate	4.00%	4.25%
Medical inflation
Wage growth rate	5.18%	4.25%
F.G.T.S. balance growth

25. EMPLOYEES BENEFITS PLANS_10

25. EMPLOYEES BENEFITS PLANS (Details 9) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)Number
Disclosure of defined benefit plans [line items]
2019	R$ 94.8
2020	38.9
2021	42.4
2022	38.9
2023	43.7
2024 to 2028	R$ 224.4
Weighted average duration - in years | Number	6.71
Medical plan [Member]
Disclosure of defined benefit plans [line items]
2019	R$ 6.5
2020	7.1
2021	7.7
2022	8.4
2023	9.1
2024 to 2028	R$ 58.7
Weighted average duration - in years | Number	14
F.G.T.S. Penalty [Member]
Disclosure of defined benefit plans [line items]
2019	R$ 64.9
2020	15.3
2021	17
2022	15.8
2023	18.5
2024 to 2028	R$ 81.6
Weighted average duration - in years | Number	3.78
Award for length of service [Member]
Disclosure of defined benefit plans [line items]
2019	R$ 10.6
2020	8.9
2021	8.9
2022	6.5
2023	7.2
2024 to 2028	R$ 34.4
Weighted average duration - in years | Number	4.26
OtherMember
Disclosure of defined benefit plans [line items]
2019	R$ 12.8
2020	7.6
2021	8.8
2022	8.2
2023	8.9
2024 to 2028	R$ 49.7
Weighted average duration - in years | Number	8.25

25. EMPLOYEES BENEFITS PLANS_11

25. EMPLOYEES BENEFITS PLANS (Details 10) R$ in Millions	Dec. 31, 2018BRL (R$)
Medical plan [Member] | Discount rate [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	9.26%
Average (%)	10.26%
Actuarial liabilities	R$ 17.0
Average (%)	8.26%
Actuarial liabilities	R$ 20.7
Medical plan [Member] | Medical inflation [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	7.12%
Average (%)	8.12%
Actuarial liabilities	R$ 20.3
Average (%)	6.12%
Actuarial liabilities	R$ 17.0
F.G.T.S. Penalty [Member] | Discount rate [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	8.76%
Average (%)	9.76%
Actuarial liabilities	R$ 5.5
Average (%)	7.76%
Actuarial liabilities	R$ 6.1
F.G.T.S. Penalty [Member] | Wage growth rate [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized	5.18%
Average (%)	6.18%
Actuarial liabilities	R$ 1.0
Average (%)	4.18%
Actuarial liabilities	R$ 0.9
F.G.T.S. Penalty [Member] | Turnover [Member]
Disclosure of defined benefit plans [line items]
Assumptions utilized
Average (%)	300.00%
Actuarial liabilities	R$ 18.9
Average (%)	(3.00%)
Actuarial liabilities	R$ 25.8

26. PROVISION FOR TAX, CIVIL _3

26. PROVISION FOR TAX, CIVIL AND LABOR RISKS (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of changes in other provisions
Beginning balance	R$ 1773.2	R$ 1383.8
Additions	491.3	1,056.2
Business combination	0	1.8
Reversals	(624.5)	(536.2)
Payments	(355.6)	(509.2)
Price index update	192.2	397.1
Exchange rate variation	(55.4)	(20.3)
Transfer - held for sale	(70.9)	0
Ending balance	1,350.3	1,773.2
Current	495.6	536.1
Non-current	854.7	1,237.1
Tax [Member]
Reconciliation of changes in other provisions
Beginning balance	303.4	281.7
Additions	42.3	177.1
Business combination	0	0
Reversals	(128.9)	(50.8)
Payments	(5)	(127)
Price index update	39.4	26.6
Exchange rate variation	(8.5)	(4.2)
Transfer - held for sale	(12.6)	0
Ending balance	230.1	303.4
Labor [Member]
Reconciliation of changes in other provisions
Beginning balance	691.7	479.7
Additions	390.9	704
Business combination	0	1.8
Reversals	(325.8)	(270.8)
Payments	(324.6)	(338.9)
Price index update	120.5	128.5
Exchange rate variation	(37.9)	(12.6)
Transfer - held for sale	(46.2)	0
Ending balance	468.6	691.7
Civil, commercial and other [Member]
Reconciliation of changes in other provisions
Beginning balance	407.5	122.5
Additions	58.1	164.1
Business combination	0	0
Reversals	(169)	(75.1)
Payments	(26)	(43.3)
Price index update	32.3	242
Exchange rate variation	(8.9)	(2.7)
Transfer - held for sale	(12)	0
Ending balance	282	407.5
Contingent liabilities [Member]
Reconciliation of changes in other provisions
Beginning balance	370.6	499.9
Additions	0	11
Business combination	0	0
Reversals	(0.8)	(139.5)
Payments	0	0
Price index update	0	0
Exchange rate variation	(0.1)	(0.8)
Transfer - held for sale	(0.1)	0
Ending balance	R$ 369.6	R$ 370.6

26. PROVISION FOR TAX, CIVIL _4

26. PROVISION FOR TAX, CIVIL AND LABOR RISKS (Details Narrative) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	R$ 1350.3	R$ 1773.2	R$ 1383.8
Tax Contingent Liability [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	12,336.9	11,469.9
Tax Contingent Liability For Profits Earned Abroad [Member] | Brazilian Internal Revenue Service [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	524.5	506.3
Tax Contingent Liability For Social Security Taxes [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	244.5	262.9
Tax Contingent Liability For Other Contingencies [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	449.3	190
Sadia, Avex &Danica Group [Member] | Tax Contingent Liability [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	369.6	370.2
State ICMS ("VAT") [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Maintenance of ICMS tax credits	816.4	789.9
Balance of export for tax credits	396.2	333.8
State ICMS ("VAT") [Member] | Tax Contingent Liability For Undue ICMS Tax Credits [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Undue tax credits	1,724.8	1,690.6
PIS and COFINS ("Federal Taxes to Social Fund Programs") [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	4,363.1	4,001.2
IPI ("Federal VAT") [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	445.1	441.7
Tax [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	230.1	303.4	281.7
Tax [Member] | State ICMS ("VAT") [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	100	157
Tax [Member] | PIS and COFINS ("Federal Taxes to Social Fund Programs") [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	125.1	106.5
Tax [Member] | Other [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	47.5	51.6
Contingent liabilities [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	13,965.8	13,278.4
Contingent liabilities [Member] | Tax Contingent Liability For Income Tax and Social Contribution [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	1,311.1	1,276.4
Contingent liabilities [Member] | Sadia, Avex &Danica Group [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	369.6	370.6
Labor [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	468.6	691.7	479.7
Possible contingencies amounts	125.5	139.3
Civil, commercial and other [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Provision amounts	282	407.5	R$ 122.5
Civil, commercial and other [Member] | Indemnification For Material & Moral Damages [Member]
ProvisionForTaxCivilAndLaborRisksLineItems [Line Items]
Possible contingencies amounts	R$ 1503.4	R$ 1714.9

27. SHAREHOLDERS' EQUITY (Detai

27. SHAREHOLDERS' EQUITY (Details) - shares	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ShareholdersEquityLineItems [Line Items]
Outstanding shares	811,416,022	811,139,545	799,005,245	809,972,245
Paid-in capital [Member]
ShareholdersEquityLineItems [Line Items]
Outstanding shares	812,473,246	812,473,246	812,473,246
Treasury Shares [Member]
ShareholdersEquityLineItems [Line Items]
Outstanding shares	(1,057,224)	(1,333,701)	(13,468,001)

27. SHAREHOLDERS' EQUITY (Det_2

27. SHAREHOLDERS' EQUITY (Details 1) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Shareholders Equity Details 1Abstract
Shares at the beginning of the period	811,139,545	799,005,245	809,972,245
Purchase of treasury shares			11,107,600
Sale of treasury shares	0	12,134,300	140,600
Anticipated transfer of restricted shares	276,477	0	0
Shares at the end of the period	811,416,022	811,139,545	799,005,245

27. SHAREHOLDERS' EQUITY (Det_3

27. SHAREHOLDERS' EQUITY (Details 2) - BRL (R$) R$ / shares in Units, R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Shareholders Equity Details 2Abstract
Net profit (Loss)	R$ 4448.1	R$ 1125.6	R$ 372.4
Dividends calculation base	(4,448.1)	(1,125.6)	(372.4)
Remuneration of shareholders' exceeding the mandatory minimum	0	0	513.2
Total remuneration of shareholders' in the year, as interest on shareholders' equity and dividends (R$91,443 in 2015)	0	0	513.2
Withholding income tax on interest on shareholders' equity	0	0	(77)
Remuneration of shareholders', net of withholding income tax	R$ 0.0	R$ 0.0	R$ 436.2
Dividends paid per share	R$ 0	R$ 0	R$ 0.76410
Payment of interest on shareholders' equity, paid in 2016 - gross of withholding income tax of R$76,982	R$ 0.0	R$ 0.0	R$ 513.2
Paid in the previous period - interest on shareholders' equity of 2015 - gross withholding income tax of R$48,318	0	0	(473.4)
Paid in the previous period - Dividends	0	0	(189.7)
Payments maid during in the year	0	0	(1,176.3)
Total withholding income tax on interest on shareholders' equity	0	0	(77)
Remaining amounts outstanding	1,018	1,723	2,307
Interest on shareholders' equity outstanding	R$ 1018.0	R$ 1723.0	R$ 2307.0

27. SHAREHOLDERS' EQUITY (Det_4

27. SHAREHOLDERS' EQUITY (Details 3) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
ShareholdersEquityLineItems [Line Items]
Capital increase reserve	R$ 115.3	R$ 115.1
Loss Absorption [Member]
ShareholdersEquityLineItems [Line Items]
Actuarial loss FAF	(18.5)	(16.8)
Legal reserve	(101.4)	(438.8)
Capital increase reserve	0	(30.3)
Reserve for tax incentives	0	(639.7)
Profit distribution/Loss absorption	R$ 119.9	(1,125.6)
Limit on capital, Legal reserve	20.00%
Limit on capital, Capital increase reserve	20.00%
Reserve Balances [Member]
ShareholdersEquityLineItems [Line Items]
Actuarial loss FAF	R$ 0.0	0
Legal reserve	0	101.4
Capital increase reserve	0	0
Reserve for tax incentives	0	0
Profit distribution/Loss absorption	R$ 0.0	R$ 101.4

27. SHAREHOLDERS' EQUITY (Det_5

27. SHAREHOLDERS' EQUITY (Details 4) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
ShareholdersEquityLineItems [Line Items]
Capital reserve	R$ 115.3	R$ 115.1
Capital Reserve [Member]
ShareholdersEquityLineItems [Line Items]
Result on disposal of shares	(40.7)	(40.7)	R$ 40.7
Granted shares canceled	(32.4)	(32.4)	(32.4)
Valuation of stock exchange	166.2	166.2	166.2
Shares based payment	262.3	261.8	236.2
Goodwill on acquisition of non-controlling interest	(40.5)	(40.5)	(47.4)
Acquisition of non-controlling entities	(199.3)	(199.3)	(240.9)
Loss on the change in equity interest - Subsidiaries	(0.2)	0	0
Capital reserve	R$ 115.4	R$ 115.1	R$ 41.0

27. SHAREHOLDERS' EQUITY (Det_6

27. SHAREHOLDERS' EQUITY (Details 5) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Shareholders Equity Details 5Abstract
Shares at the beginning of the period	1,333,701	13,468,001
Sale of treasury shares	0	(12,134,300)	(140,600)
Anticipated transfer of restricted shares	276,477	0	0
Shares at the end of the period	1,057,224	1,333,701	13,468,001

27. SHAREHOLDERS' EQUITY (Det_7

27. SHAREHOLDERS' EQUITY (Details 6) - shares	Dec. 31, 2018	Dec. 31, 2017
ShareholdersEquityLineItems [Line Items]
Quantity	812,473,246	812,473,246
%	100.00%	100.00%
Treasury Shares [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	1,057,224	1,333,701
%	0.13%	0.16%
Fundacao Petrobras de Seguridade Social - Petros [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	93,226,766	92,716,266
%	11.47%	11.41%
Caixa de Previd. dos Func. Do Banco do Brasil [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	86,506,952	86,605,452
%	10.65%	10.66%
Board of Directors [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	6,376,083	41,220,470
%	0.78%	5.07%
Executives [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	31,662	157,546
%	0.00%	0.02%
Other [Member]
ShareholdersEquityLineItems [Line Items]
Quantity	625,274,559	590,439,811
%	76.97%	72.68%

27. SHAREHOLDERS' EQUITY (Det_8

27. SHAREHOLDERS' EQUITY (Details Narrative) - BRL (R$) R$ / shares in Units, R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2016
Shareholders Equity Details Narrative Abstract
Capital subscribed and paid	R$ 12553.4
Dividends		R$ 98.2
Number of treasury shares	1,057,224
Par value per share (in dollars per share)	R$ 53.60
Market value of treasury shares	R$ 23.2

28. LOSS PER SHARE (Details)

28. LOSS PER SHARE (Details) - BRL (R$) R$ / shares in Units, R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Continued operations - Basic numerator
Loss for the year attributable to controlling shareholders	R$ 2115.0	R$ 984.2	R$ 107.8
Continued operations - Basic denominator
Common shares	812,473,246	812,473,246	812,473,246
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Loss per share basic - R$	R$ 2.60691	R$ 1.22486	R$ 0.13442
Continued operations - Diluted numerator
Loss for the year attributable to controlling shareholders	R$ 2115.0	R$ 984.2	R$ 107.8
Continued operations - Diluted denominator
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Weighted average number of outstanding shares - diluted	811,294,251	803,559,763	801,903,266
Loss per share diluted - R$	R$ 2.60691	R$ 1.22486	R$ 0.13442

28. LOSS PER SHARE (Details 1)

28. LOSS PER SHARE (Details 1) - BRL (R$) R$ / shares in Units, R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Discontinued operations - Basic numerator
Loss for the year attributable to controlling shareholders	R$ 2333.1	R$ 141.3	R$ 264.6
Discontinued operations - Basic denominator
Common shares	812,473,246	812,473,246	812,473,246
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Loss per share basic - R$	R$ 2.87577	R$ 0.17588	R$ 0.32996
Discontinued operations - Diluted numerator
Loss for the year attributable to controlling shareholders	R$ 2333.1	R$ 141.3	R$ 264.6
Discontinued operations - Diluted denominator
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Weighted average number of outstanding shares - diluted	811,294,251	803,559,763	801,903,266
Loss per share diluted - R$	R$ 2.87577	R$ 0.17588	R$ 0.32996

28. LOSS PER SHARE (Details 2)

28. LOSS PER SHARE (Details 2) - BRL (R$) R$ / shares in Units, R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Basic numerator
Loss for the year attributable to controlling shareholders	R$ 4448.1	R$ 1125.6	R$ 372.4
Basic denominator
Common shares	812,473,246	812,473,246	812,473,246
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Loss per share basic - R$	R$ 5.48267	R$ 1.40073	R$ 0.46437
Diluted numerator
Loss for the year attributable to controlling shareholders	R$ 4448.1	R$ 1125.6	R$ 372.4
Diluted denominator
Weighted average number of outstanding shares - basic (except treasury shares)	811,294,251	803,559,763	801,903,266
Weighted average number of outstanding shares - diluted	811,294,251	803,559,763	801,903,266
Loss per share diluted - R$	R$ 5.48267	R$ 1.40073	R$ 0.46437

29. GOVERNMENT GRANTS (Details

29. GOVERNMENT GRANTS (Details Narrative) - BRL (R$) R$ in Millions	Dec. 31, 2018	Dec. 31, 2017
Government Grants Details Narrative Abstract
Government grants	R$ 174.2	R$ 122.6

30. RELATED PARTIES (Details)

30. RELATED PARTIES (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Corall Consultoria LTDA [Member] | Mr. Artur Paranhos Tacla [Member]
Disclosure of transactions between related parties [line items]
Type of transations	Corall provided consulting services to BRF	Corall provided consulting services to BRF	Corall provided consulting services to BRF
Amounts of revenues (expenses)	R$ 0.0	R$ 0.0	R$ 1.8
Edavila Consultoria Empresarial Eireli [Member] | Mr. Luiz Fernando Furlan, Walter Fontana Filho and Jose Carlos Reis de Magalhaes Neto [Member]
Disclosure of transactions between related parties [line items]
Type of transations	Edavila provided consulting services to BRF	Edavila provided consulting services to BRF	Edavila provided consulting services to BRF
Amounts of revenues (expenses)	R$ 0.0	R$ 0.5	R$ 0.3
Hortigil Hortifruti S.A. (Hortigil) [Member] | Mr. Manoel Cordeiro Silva Filho [Member]
Disclosure of transactions between related parties [line items]
Type of transations	BRF sells products to Hortigil	BRF sells products to Hortigil	BRF sells products to Hortigil
Amounts of revenues (expenses)	R$ 0.0	R$ 0.0	R$ 3.5
Instituto de Desenvolvimento Gerencial S.A. [Member] | Mr. Vicente Falconi Campos [Member]
Disclosure of transactions between related parties [line items]
Type of transations	Instituto provided consulting services to BRF	Instituto provided consulting services to BRF	Instituto provided consulting services to BRF
Amounts of revenues (expenses)	R$ 0.0	R$ 0.9	R$ 5.0

30. RELATED PARTIES (Details 1)

30. RELATED PARTIES (Details 1) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Parties Details 2Abstract
Salary and profit sharing	R$ 40.1	R$ 32.8	R$ 27.5
Short term benefits (1)	0	0.4	0.3
Private pension	0.6	0.6	0.8
Post-employment benefits	0.1	0.2	0.2
Termination benefits	10.1	5.8	5.9
Share based payment	5.6	17	16.8
Total remuneration and benefits paid to professionals	R$ 56.5	R$ 56.8	R$ 51.5

30. RELATED PARTIES (Details Na

30. RELATED PARTIES (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of transactions between related parties [line items]
Rental expense	R$ 16.9	R$ 15.8	R$ 14.4
Management remuneration - non-statutory	38.4	23	R$ 16.0
Instituto Sadia de Sustentabilidade [Member]
Disclosure of transactions between related parties [line items]
Liability related to the fair value of the guarantees	1.3	3.7
Amounts payable	R$ 4.7	R$ 13.6

31. NET SALES (Details)

31. NET SALES (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
DisclosureOfNetSalesLineItems [Line Items]
Gross sales	R$ 35613.4	R$ 33535.8	R$ 32729.3
Sales deductions	(5,425)	(5,221.7)	(4,845.4)
Net sales	30,188.4	28,314.1	27,883.9
Brazil [Member]
DisclosureOfNetSalesLineItems [Line Items]
Gross sales	20,651.2	19,350	18,621.1
Sales deductions	(4,366.4)	(4,161.4)	(3,813.1)
Net sales	16,284.8	15,188.6	14,808
Halal [Member]
DisclosureOfNetSalesLineItems [Line Items]
Gross sales	9,040.7	7,494.3	6,877.2
Sales deductions	(747.4)	(800.3)	(650.6)
Net sales	8,293.3	6,694	6,226.6
International [Member]
DisclosureOfNetSalesLineItems [Line Items]
Gross sales	4,963.1	5,796	6,289.3
Sales deductions	(195.9)	(182.5)	(289.2)
Net sales	4,767.2	5,613.5	6,000.1
Other [Member]
DisclosureOfNetSalesLineItems [Line Items]
Gross sales	958.4	895.5	941.7
Sales deductions	(115.3)	(77.5)	(92.5)
Net sales	R$ 843.1	R$ 818.0	R$ 849.2

32. RESEARCH AND DEVELOPMENT _2

32. RESEARCH AND DEVELOPMENT COSTS (Details Narrative) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Research And Development Costs Details Narrative Abstract
Research and development costs	R$ 53.5	R$ 52.0	R$ 200.2

33. OTHER OPERATING INCOME (E_3

33. OTHER OPERATING INCOME (EXPENSES), NET (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income
Recovery of expenses	R$ 285.3	R$ 119.9	R$ 99.9
Provision reversal	27.9	13.4	56.1
Scrap sales	14.7	14.5	14.4
Gain on step business combination	0	0	59.6
Gain on disposals of property, plant and equipment	0	0	27.2
Tax amnesty program ("PERT")	0	302.1	0
Other	59.8	87.4	19.2
Income	387.7	382.9	276.4
Expenses
Expenses arising from Trapaça Operation (2)	(78.9)	(78.3)	0
Net loss from the disposals of property, plant and equipment	(59.6)	(21.2)	0
Rewards and short-term incentive	(47)	(101.5)	(7)
Costs on business disposals	(27.8)	(36.7)	0
Other employees benefits	(25)	(33.2)	(28.9)
Provision for civil, labor and tax risks	(18)	(180.8)	(109)
Restructuring	(17.8)	(14.9)	0
Demobilization expenses	(14.8)	(44.7)	0
Insurance claims costs	(9.4)	(25.1)	(32.7)
Expected credit losses	(2.7)	(13.6)	(5.5)
Management profit sharing	0	0	(3.4)
Idleness costs	0	0	(0.2)
Other	(67.4)	(166.3)	(88.7)
Expenses	(368.4)	(716.3)	(275.4)
OTHER OPERATING INCOME (EXPENSES), NET	R$ 19.3	R$ 333.4	R$ 1.0

34. FINANCIAL INCOME (EXPENSE_3

34. FINANCIAL INCOME (EXPENSES), NET (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financial income
Interest on assets	R$ 596.4	R$ 302.5	R$ 313.8
Exchange rate variation on other assets	404.6	0	327.7
Exchange rate variation on net assets of foreign subsidiaries (1)	330.5	213.5	0
Interest on cash and cash equivalents	159.3	267.8	188.4
Interests on financial assets classified as amortized cost	98.6	61.7	84.8
Interests on financial assets classified as fair value throught profit and loss	14.5	19.8	43.6
Interests on financial assets classified as fair value throught other comprehensive income	0.7	8.2
Exchange rate variation on marketable securities	45	0	56.2
Tax amnesty program ("PERT")	0	302.1	0
Exchange rate variation on other liabilities	0	388.1	0
Exchange rate variation on loans and financing	0	0	1,322
Financial income	1,649.6	1,563.7	2,336.5
Financial expenses
Interest on loans and financing	(1,281.8)	(1,367.7)	(1,100.8)
Exchange rate variation on loans and financing	(1,265.9)	(190.4)	0
Adjustment to present value	(277.4)	(283.3)	(353.6)
Interest on liabilities	(246)	(469.2)	(269.6)
Losses on derivative transactions, net	(212.7)	(117.2)	(1,080.7)
Exchange rate variation on other liabilities	(169.5)	0	(514)
Losses price to be fixed transactions	(112.8)	(22.3)	(76.4)
Taxes on financial transactions	(79.3)	(81.4)	0
Impairment on marketable securities	(7.6)	0	0
Exchange rate variation on other assets	0	(593.5)	0
Exchange rate variation on marketable securities	0	(94.6)	0
Exchange rate variation on net assets of foreign subsidiaries	0	0	(660.5)
Premium paid for the repurchase of bonds (Tender Offer)	0	0	(31.8)
Other	(238.1)	(225.9)	(190)
Financial expenses	(3,891.1)	(3,445.5)	(4,277.4)
Financial income (expenses)	R$ 2241.5	R$ 1881.8	R$ 1940.9

35. STATEMENT OF INCOME BY NA_3

35. STATEMENT OF INCOME BY NATURE (Details) - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Costs of sales
Raw materials and consumables	R$ 17790.9	R$ 15024.9	R$ 14458.1
Depreciation	1,381.2	1,305	1,162
Amortization	78.6	91.2	5.4
Salaries and employees benefits	3,637.7	3,679.9	3,448.9
Others	2,432.3	2,500.2	1,859.6
Costs of sales	25,320.7	22,601.2	20,934
Sales expenses
Depreciation	69.5	64.1	63.6
Amortization	65.6	65.5	12
Salaries and employees benefits	1,190.2	1,210.7	1,133.9
Indirect and direct logistics expenses	2,260.4	2,034.6	1,965
Marketing	508	462.1	709
Others	419.9	371.7	637.7
Sales expenses	4,513.6	4,208.7	4,521.2
Administrative expenses
Depreciation	21.5	28.1	21
Amortization	78.7	38.3	119.6
Salaries and employees benefits	260.6	215.3	191
Fees	28.6	30.9	28.4
Others	161.7	149.9	82.6
Administrative expenses	551.1	462.5	442.6
Impairment Loss on Trade and Other Receivables
Impairment Loss on Trade and Other Receivables	(46.3)	(67.5)	(53.5)
Other operating expenses (1)
Depreciation	52.1	40.1	26.2
Others	316.3	676.2	249.2
Other operating expenses (1)	R$ 368.4	R$ 716.3	R$ 275.4

36. INSURANCE COVERAGE (Details

36. INSURANCE COVERAGE (Details) R$ in Millions	12 Months Ended
	Dec. 31, 2018BRL (R$)
Operational risks [Member]
Disclosure of types of insurance contracts [line items]
Coverage	Coverage against damage to buildings, facilities, inventory, machinery and equipment, loss of profits
Amount of coverage	R$ 1067.5
Carriage of goods [Member]
Disclosure of types of insurance contracts [line items]
Coverage	Coverage of goods in transit and in inventories
Amount of coverage	R$ 981.5
Civil responsibility [Member]
Disclosure of types of insurance contracts [line items]
Coverage	Third party complaints
Amount of coverage	R$ 310.0