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Net finance income (expense)
 12 Months Ended
Dec. 31, 2022
Net Finance Income  
Net finance income (expense)

 

11.Net finance income (expense)
     
  2022 2021 2020
Finance income 1,832 821 551
Income from investments and marketable securities (Government Bonds) 1,159 315 202
Other income, net 673 506 349
Finance expenses (3,500) (5,150) (6,004)
Interest on finance debt (2,363) (2,870) (3,595)
Unwinding of discount on lease liabilities (1,340) (1,220) (1,322)
Discount and premium on repurchase of debt securities (121) (1,102) (1,157)
Capitalized borrowing costs 1,032 976 941
Unwinding of discount on the provision for decommissioning costs (519) (761) (638)
Other finance expenses , net (189) (173) (233)
Foreign exchange gains (losses) and indexation charges (2,172) (6,637) (4,177)
Foreign exchange gains (losses) (*) 1,022 (2,737) (1,363)
Reclassification of hedge accounting to the Statement of Income (*) (4,871) (4,585) (4,720)
Monetary restatement of dividends and dividends payable (**) 994 108 (15)
Recoverable taxes inflation indexation income  (***) 86 518 1,807
Other foreign exchange gains (losses) and indexation charges, net 597 59 114
Total (3,840) (10,966) (9,630)
 (*) For more information, see notes 34.3a and 34.3c.
(**) In 2022, it refers to the income on the monetary restatement of paid anticipated dividends, in the amount of US$ 1,293 (US$ 121 in 2021), and to the expense on the indexation charges on dividends payable, in the amount of US$ 299 (US$ 13 in 2021 and US$ 15 in 2020).
(***) In 2021, it includes inflation indexation income related to the exclusion of ICMS (VAT tax) from the basis of calculation of PIS and COFINS.