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Financial results (Tables)
12 Months Ended
Dec. 31, 2023
Financial results  
Schedule of financial results

    

2023

    

2022

    

2021

Finance income

 

  

 

  

 

  

Yields and interests

 

1,884,445

965,952

266,116

Results from financial assets

 

329,061

178,212

108,640

Gain (loss) on derivatives valuation

4,454

18,099

(406)

Other financial income

 

103,009

154,882

29,242

 

2,320,969

1,317,145

403,592

Finance expenses

 

 

 

Interest

 

(6,923,831)

(5,517,417)

(3,095,224)

Financial cost of other liabilities (1)

 

(2,196,936)

(2,003,687)

(1,043,728)

Results from financial assets

 

(246,155)

(152,355)

(101,973)

Other financial expenses

 

(1,017,143)

(353,793)

(190,723)

 

(10,384,065)

(8,027,252)

(4,431,648)

Foreign exchange gain

 

Gain (loss) from exchange difference

2,397,712

(124,650)

(31,726)

Gain from realization of other comprehensive income on sale of joint ventures

361,728

2,397,712

(124,650)

330,002

Financial result

 

(5,665,384)

 

(6,834,757)

 

(3,698,054)

(1)

Includes the financial expense of the asset retirement obligations and the liabilities for post–employment benefits.