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FINANCE EXPENSES AND INCOME - Finance Income (Details) - BRL (R$) R$ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Finance Expenses And Income |  |  |
Interest income | R$ 2,167.7 | R$ 1,101.6 | R$ 2,245.5
Interest and foreign exchange rate on loans to/from related parties | 37.1 | 42.5 | 10.6
Financial instruments at fair value through profit or loss | 95.5 | 77.0 | 242.6
Other financial results | 565.3 | 78.9 | 49.9
Finance income, before adoption of new accounting policies | 2,865.6 | 1,300.0 | 2,548.6
Effect of application of IAS 29 (hyperinflation) | 1,603.5 | 922.4 | 447.4
Finance income | R$ 4,469.1 | R$ 2,222.4 | R$ 2,996.0

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