The following table sets forth our consolidated current and noncurrent indebtedness, shareholders’ equity and total capitalization as of December 31, 2018:

December 31, 2017
R$ million
December 31, 2018
R$ million
Borrowings and Financing - Current 17.4 0.9
Borrowings and Financing - Noncurrent 8.3 120.0
Shareholders’ Equity 326.8 334.5
Capital Stock 243.0 243.0
Capital Reserve 4.9 6.1
Earnings Retention Reserve 70.5 78.5
Total capitalization (1) 352.5 455.4

(1) Total capitalization corresponds to the sum of short- and long-term debts with shareholders‘ equity.

Last Update on February 27, 2019

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