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Net Financial Result (Tables)
12 Months Ended
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