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Income Statements - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Profit or loss [abstract]      
Net operating revenue R$ 22,055,720 R$ 19,491,061 R$ 17,797,541
Operating costs (14,350,903) (12,800,042) (11,179,667)
Gross profit 7,704,817 6,691,019 6,617,874
Selling expenses (911,967) (825,879) (751,286)
Allowance for doubtful accounts (782,057) (643,730) (444,826)
Administrative expenses (1,398,507) (1,124,069) (1,051,181)
Other operating income (expenses), net 8,327 (21,841) 107,656
Equity results of investments in affiliaties 24,551 22,079 14,136
Profit from operations before finance income (expenses) and income tax and social contribution 4,645,164 4,097,579 4,492,373
Financial expenses (1,956,266) (1,448,295) (1,324,759)
Financial revenues 1,091,531 472,408 336,731
Exchange result, net 492,321 48,464 (2,178,343)
Financial result, net (372,414) (927,423) (3,166,371)
Profit before income tax and social contribution 4,272,750 3,170,156 1,326,002
Income tax and social contribution      
Current (1,230,234) (961,556) (460,721)
Deferred 78,751 97,269 108,037
Income tax and social contribution (1,151,483) (864,287) (352,684)
  Profit for the year R$ 3,121,267 R$ 2,305,869 R$ 973,318
Earnings per share – basic and diluted (in reais) R$ 4.57 R$ 3.37 R$ 1.42