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Arco Platform Ltd.6K
08/28/2019Arco Platform Limited
Notes
June 30, 2019December 31, 2018 Assets (unaudited)
Current assets
!Cash and cash equivalents~
~
J~
6
Financial investments~
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V5~
>1
Trade receivables
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Recoverable taxes~
"~
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Other assets~
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Total current assets~
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Non current assets
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of interestsDeferred income tax~
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Financial investments~
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Other assets~
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Property and equipment~
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Rightofuse assets~
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6~
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Total non current assets~
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0 Non current liabilities000000000 0
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2Lease liabilities2~
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3Loans and financing3333~
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9
Arco Platform Ltd.6K
08/28/2019Arco Platform Limited Threemonth period endedSixmonth period ended
Notes
June 30, 2019
June 30, 2018
June 30, 2019
June 30, 2018
(unaudited)
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(unaudited)
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08/28/2019Arco Platform Limited4,Attributable to equity holders of the parent!"
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08/28/2019Arco Platform Limited4,Attributable to equity holders of the parent
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Arco Platform Ltd.6K
08/28/2019Arco Platform Limited
June 30, 2019
June 30, 2018 Operating activities (unaudited) (unaudited) 1
)Profit before income taxes for the period
~
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~
.&Adjustments to reconcile profit beforeincome taxes%
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~
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~
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n"~
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~
*&and intangible assets disposed7/Changes in fair value of derivative instruments~
*~
*3+Share of loss of equityaccounted investees~
~
%Sharebased compensation plan~
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:~
/'Provision for payroll taxes (restricted~
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~
R?%Interest in lease liabilities~
:~
'Provision for legal proceedings~
N~
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~
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~
)!Other financial cost/revenue, net~
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)!Changes in assets and liabilitiesTrade receivables~
~
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~........./Investing activities////////0%Acquisition of property and equipment00~
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0J0/1'Payment of investments and interests in11~
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112other entities03(Acquisition of subsidiaries, net of cash33~
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3(34acquired(5 Acquisition of intangible assets55~
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5F56Financial investments66~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedAssets Rightofuse assets ~
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~
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\Total liabilities~
\#Total adjustment on equity: Retained earnings~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated2*Operating lease commitments as at December~
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedEscola em Movimento Assets %
Cash and cash and equivalents
~
j
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Recoverable taxes~
2
Other assets
~
6
Property and equipment~
NIntangible assets~
[~
bLiabilitiesTrade payables~
$Labor and social obligations~
"'Taxes and contributions payable~
VLoans and financing~
Other liabilities~
v~
63+Total identifiable net assets at fair value~
Q'Goodwill arising on acquisition~
6*"Purchase consideration transferred~
Cash paid~
Escrow payments~
*.&Analysis of cash flows on acquisition:D
lcWK?k/fy>< !"#$%&'6 .Transaction costs of the acquisition (included ~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedAsset acquiredValuation technique
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June 30, 2019December 31, 2018 (unaudited)
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 (unaudited) !
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~
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~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 (unaudited) )
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~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 (unaudited) %
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~
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~
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019
June 30, 2018 (unaudited) (unaudited)*
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June, 2019December 31, 2018 (unaudited)
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019
June 30, 2018 (unaudited) (unaudited)*
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 (unaudited) 2
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 Assets (unaudited)
Trade receivables
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019
June 30, 2018 (unaudited) (unaudited)$
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedGeekieWPensar
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 Assets (unaudited) ,
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedLiabilities
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedNumber of share options/'Average exercise price per share option( Outstanding at December 31, 2018 ~
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated Threemonth period ended
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedSixmonth period ended
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated Threemonth period ended
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated3+For the sixmonth period ended 30 June 2019
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated0(For the threemonth period ended 30 June
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated Threemonth period ended
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated.&Threemonth period ended June 30, 2019 (unaudited)
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated.&Threemonth period ended June 30, 2018 (unaudited)
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedFinancial assetsAssets at FVPL Assets at amortized cost
Total! June 30, 2019 (unaudited)
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08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedFinancial assetsAssets at FVPL Assets at amortized cost
Total
December 31, 2018
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Total! June 30, 2019 (unaudited)
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
Base scenario
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R$ 4.2154
R$ 3.4490 R$ 3.8322
Finance income (costs)
R$ 1,664
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Arco Platform LimitedArco Platform Limited (1)Arco Platform Limited (2)Arco Platform Limited (3)Arco Platform Limited (4)Arco Platform Limited (5)Arco Platform Limited (6)!Expressed in thousands of Brazi!Expressed in thousands of B (1)!Expressed in thousands of B (2)!Expressed in thousands of B (3)!Expressed in thousands of B (4)!Expressed in thousands of B (5)!Expressed in thousands of B (6)!Expressed in thousands of B (7)!Expressed in thousands of B (8)!Expressed in thousands of B (9)!Expressed in thousands of (10)!Expressed in thousands of (11)!Expressed in thousands of (12)!Expressed in thousands of (13)!Expressed in thousands of (14)!Expressed in thousands of (15)!Expressed in thousands of (16)!Expressed in thousands of (17)!Expressed in thousands of (18)!Expressed in thousands of (19)!Expressed in thousands of (20)!Expressed in thousands of (21)!Expressed in thousands of (22)!Expressed in thousands of (23)!Expressed in thousands of (24)!Expressed in thousands of (25)!Expressed in thousands of (26)!Expressed in thousands of (27)!Expressed in thousands of (28)!Expressed in thousands of (29)!Expressed in thousands of (30)!Expressed in thousands of (31)!Expressed in thousands of (32)!Expressed in thousands of (33)!Expressed in thousands of (34)!Expressed in thousands of (35)!Expressed in thousands of (36)!Expressed in thousands of (37)!Expressed in thousands of (38)!Expressed in thousands of (39)!Expressed in thousands of (40)!Expressed in thousands of (41)!Expressed in thousands of (42)!Expressed in thousands of (43)!Expressed in thousands of (44)!Expressed in thousands of (45)!Expressed in thousands of (46)!Expressed in thousands of (47)!Expressed in thousands of (49)!Expressed in thousands of (50)!Expressed in thousands of (51)U }%}$ }}$ }}
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated'As of June 30, 2019 (unaudited) On demandLess than 3 months
3 to 12 months
1 to 5 yearsMore than 5 years
Total
Trade payables
~
~
~
~
~
~
Lease liabilities~
6~
~
5
~
~
~
OLoans and financing~
~
~
~
~
~
f"
Financial instruments from
~
~
~
*
~
j
~
~
acquisition of interests#Accounts payable to selling~
~
~
6
~
Ά~
~
shareholders~
6~
Z
~
~
֓
~
~
R9$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2;cWK?9Sr:."=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Arco Platform LimitedArco Platform Limited (1)Arco Platform Limited (2)Arco Platform Limited (3)Arco Platform Limited (4)Arco Platform Limited (5)Arco Platform Limited (6)!Expressed in thousands of Brazi!Expressed in thousands of B (1)!Expressed in thousands of B (2)!Expressed in thousands of B (3)!Expressed in thousands of B (4)!Expressed in thousands of B (5)!Expressed in thousands of B (6)!Expressed in thousands of B (7)!Expressed in thousands of B (8)!Expressed in thousands of B (9)!Expressed in thousands of (10)!Expressed in thousands of (11)!Expressed in thousands of (12)!Expressed in thousands of (13)!Expressed in thousands of (14)!Expressed in thousands of (15)!Expressed in thousands of (16)!Expressed in thousands of (17)!Expressed in thousands of (18)!Expressed in thousands of (19)!Expressed in thousands of (20)!Expressed in thousands of (21)!Expressed in thousands of (22)!Expressed in thousands of (23)!Expressed in thousands of (24)!Expressed in thousands of (25)!Expressed in thousands of (26)!Expressed in thousands of (27)!Expressed in thousands of (28)!Expressed in thousands of (29)!Expressed in thousands of (30)!Expressed in thousands of (31)!Expressed in thousands of (32)!Expressed in thousands of (33)!Expressed in thousands of (34)!Expressed in thousands of (35)!Expressed in thousands of (36)!Expressed in thousands of (37)!Expressed in thousands of (38)!Expressed in thousands of (39)!Expressed in thousands of (40)!Expressed in thousands of (41)!Expressed in thousands of (42)!Expressed in thousands of (43)!Expressed in thousands of (44)!Expressed in thousands of (45)!Expressed in thousands of (46)!Expressed in thousands of (47)!Expressed in thousands of (48)!Expressed in thousands of (50)!Expressed in thousands of (51)U }0}$ }y
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise statedExposure+10%
10 %! June 30, 2019 (unaudited)
0
(Cash, bank deposits and cash equivalents
~
D
~
r
~
Financial investments~
4~
V
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@cWK?]QE=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Arco Platform LimitedArco Platform Limited (1)Arco Platform Limited (2)Arco Platform Limited (3)Arco Platform Limited (4)Arco Platform Limited (5)Arco Platform Limited (6)!Expressed in thousands of Brazi!Expressed in thousands of B (1)!Expressed in thousands of B (2)!Expressed in thousands of B (3)!Expressed in thousands of B (4)!Expressed in thousands of B (5)!Expressed in thousands of B (6)!Expressed in thousands of B (7)!Expressed in thousands of B (8)!Expressed in thousands of B (9)!Expressed in thousands of (10)!Expressed in thousands of (11)!Expressed in thousands of (12)!Expressed in thousands of (13)!Expressed in thousands of (14)!Expressed in thousands of (15)!Expressed in thousands of (16)!Expressed in thousands of (17)!Expressed in thousands of (18)!Expressed in thousands of (19)!Expressed in thousands of (20)!Expressed in thousands of (21)!Expressed in thousands of (22)!Expressed in thousands of (23)!Expressed in thousands of (24)!Expressed in thousands of (25)!Expressed in thousands of (26)!Expressed in thousands of (27)!Expressed in thousands of (28)!Expressed in thousands of (29)!Expressed in thousands of (30)!Expressed in thousands of (31)!Expressed in thousands of (32)!Expressed in thousands of (33)!Expressed in thousands of (34)!Expressed in thousands of (35)!Expressed in thousands of (36)!Expressed in thousands of (37)!Expressed in thousands of (38)!Expressed in thousands of (39)!Expressed in thousands of (40)!Expressed in thousands of (41)!Expressed in thousands of (42)!Expressed in thousands of (43)!Expressed in thousands of (44)!Expressed in thousands of (45)!Expressed in thousands of (46)!Expressed in thousands of (47)!Expressed in thousands of (48)!Expressed in thousands of (49)!Expressed in thousands of (51)U }y#}$ }}$ }}
$ }}$
Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
Labor
Taxes
Total (unaudited) (unaudited)
(unaudited)
%Balances at December 31, 2018~
F~
~
Additions~
V~
~
V
Reversals
~
~
~
!Balances at June 30, 2019~
~
~
Z$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,cWK?ns=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Arco Platform LimitedArco Platform Limited (1)Arco Platform Limited (2)Arco Platform Limited (3)Arco Platform Limited (4)Arco Platform Limited (5)Arco Platform Limited (6)!Expressed in thousands of Brazi!Expressed in thousands of B (1)!Expressed in thousands of B (2)!Expressed in thousands of B (3)!Expressed in thousands of B (4)!Expressed in thousands of B (5)!Expressed in thousands of B (6)!Expressed in thousands of B (7)!Expressed in thousands of B (8)!Expressed in thousands of B (9)!Expressed in thousands of (10)!Expressed in thousands of (11)!Expressed in thousands of (12)!Expressed in thousands of (13)!Expressed in thousands of (14)!Expressed in thousands of (15)!Expressed in thousands of (16)!Expressed in thousands of (17)!Expressed in thousands of (18)!Expressed in thousands of (19)!Expressed in thousands of (20)!Expressed in thousands of (21)!Expressed in thousands of (22)!Expressed in thousands of (23)!Expressed in thousands of (24)!Expressed in thousands of (25)!Expressed in thousands of (26)!Expressed in thousands of (27)!Expressed in thousands of (28)!Expressed in thousands of (29)!Expressed in thousands of (30)!Expressed in thousands of (31)!Expressed in thousands of (32)!Expressed in thousands of (33)!Expressed in thousands of (34)!Expressed in thousands of (35)!Expressed in thousands of (36)!Expressed in thousands of (37)!Expressed in thousands of (38)!Expressed in thousands of (39)!Expressed in thousands of (40)!Expressed in thousands of (41)!Expressed in thousands of (42)!Expressed in thousands of (43)!Expressed in thousands of (44)!Expressed in thousands of (45)!Expressed in thousands of (46)!Expressed in thousands of (47)!Expressed in thousands of (48)!Expressed in thousands of (49)!Expressed in thousands of (50)U }}$ }
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Arco Platform Ltd.6K
08/28/2019JBExpressed in thousands of Brazilian reais, unless otherwise stated
June 30, 2019December 31, 2018 (unaudited)
Civil (a)
~
L
~
&E
Labor (b)~
~
Total~
U~
P
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