O impacto das estimativas contábeis e da paralisação das operações da Mineradora Samarco no desempenho econômico e financeiro: uma análise do comportamento dos indicadores antes e após o acidente ambiental

Abstract

This paper aimed identify the impact of accounting estimates made in the wake of the environmental accident involving Samarco Mining Company as well as accountig estimates made about the company's economic and financial performance during, its operations shut down, by examining behavior of the respective indicators before and after the environmental accident. The research was a case study of the company Samarco from 2010 to 2018, with data collected from the financial statistics disclosed by the company on your website. The analysis of the results revealed large impacts, since the presented data have considerably high dispersion between the analyzed periods, affecting all indicators. It was found that the capital structure of the company was increased and changed, the shutdown of operations and disbursements restricted the company’s ability to generate positive cash flows, affecting the payment capacity, that reached close to zero in some years.Additionally, given the expenses with environmental and contingency provisions over this period, the increase in financial expenses, and the operational shutdown contributed to a negative profit margin in all years after the accident, thus, the return indicators were also low.