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Net Financial Result (Tables) | 12 Months Ended
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Dec. 31, 2018
Net Financial Result |
Schedule of net financial result |
|  | 12/31/2018 |  | 12/31/2017 |  | 12/31/2016
Income from financial investments |  | 442,378 |  | 285,888 |  | 333,168
Other financial income |  | 17,329 |  | 19,890 |  | 48,636
Total financial income |  | 459,707 |  | 305,778 |  | 381,804
Loan interest expenses |  | (1,075,567) |  | (1,035,986) |  | (991,796)
Other interest expenses |  | (120,991) |  | (108,410) |  | (104,023)
Other financial expenses |  | (303,816) |  | (74,080) |  | (60,385)
Total financial expenses |  | (1,500,374) |  | (1,218,476) |  | (1,156,204)
Monetary and exchange variations on loans and financing |  | (1,311,061) |  | (163,418) |  | 1,619,202
Monetary and exchange variations on other assets and liabilities |  | 244,411 |  | (15,995) |  | (251,921)
Monetary and exchange variation, net |  | (1,066,650) |  | (179,413) |  | 1,367,281
Derivative gain (loss) |  | (2,735,196) |  | 73,271 |  | 528,839
Financial income |  | 459,707 |  | 379,049 |  | 2,277,924
Financial expenses |  | (5,302,220) |  | (1,397,889) |  | (1,156,204)
Financial result, net |  | (4,842,513) |  | (1,018,840) |  | 1,121,720

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