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Net Financial Results | 12 Months Ended
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Dec. 31, 2023
Text block [abstract] |
Net Financial Results |
28. NET FINANCIAL RESULTS
|  | 2023 |  |  | 2022 |  |  | 2021 |
Financial income |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 325 |  |  |  | 319 |  |  |  | 164 |
Exchange differences |  |  | 4,150 |  |  |  | 1,826 |  |  |  | 641 |
Financial accretion |  |  | 14 |  |  |  | 43 |  |  |  | 99 |
Total financial income |  |  | 4,489 |  |  |  | 2,188 |  |  |  | 904 |
Financial costs |  |  |  |  |  |  |  |  |  |  |  |
Interest loss |  |  | (776) |  |  |  | (712) |  |  |  | (749) |
Exchange differences |  |  | (2,825) |  |  |  | (1,285) |  |  |  | (393) |
Financial accretion |  |  | (378) |  |  |  | (318) |  |  |  | (266) |
Total financial costs |  |  | (3,979) |  |  |  | (2,315) |  |  |  | (1,408) |
Other financial results |  |  |  |  |  |  |  |  |  |  |  |
Result on financial assets at fair value through profit or loss |  |  | 289 |  |  |  | 118 |  |  |  | 105 |
Result from derivative financial instruments |  |  | 7 |  |  |  | (9) |  |  |  | (10) |
Result from net monetary position |  |  | 37 |  |  |  | 146 |  |  |  | 117 |
Export Increase Program (1) |  |  | 22 |  |  |  | - |  |  |  | - |
Result from transactions with financial assets (2) |  |  | 32 |  |  |  | - |  |  |  | - |
Result from debt exchange (3) |  |  | - |  |  |  | - |  |  |  | 21 |
Total other financial results |  |  | 387 |  |  |  | 255 |  |  |  | 233 |
Total net financial results |  |  | 897 |  |  |  | 128 |  |  |  | (271) |
(1)  See Note 35.g). (2)  Includes 19 corresponding to the adjustment for inflation of the fiscal year and (41) corresponding to the effect of the translation. (3)  See Note 21.

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