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NET FINANCIAL RESULT (Details) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Financial expenses      
Interest on loans, financing and debentures R$ (3,275,618) R$ (3,358,806) R$ (1,033,485)
Premium with repurchase of bonds (391,390)    
Amortization of fundraising costs (101,741) (220,642) (44,499)
Amortization of fair value adjustment on business combination (38,826) 1,548  
Adjustment to present value - lease (486,286) (275,404)  
Other financial expenses (165,564) (325,544) (422,390)
Financial expenses (4,459,425) (4,178,848) (1,500,374)
Financial Income      
Cash and cash equivalents and marketable securities 146,930 392,018 442,378
Amortization of fair value adjustment on business combination 95,238 37,412  
Other financial income 85,307 63,816 17,329
Financial income 327,475 493,246 459,707
Income from derivative financial instruments      
Income 7,283,864 2,711,394 588,049
Expenses (16,706,546) (3,786,646) (3,323,245)
Income from derivative financial instruments (9,422,682) (1,075,252) (2,735,196)
Monetary and exchange rate variation, net      
Exchange rate variation on loans, financing and debentures (13,365,471) (1,781,562) (1,311,061)
Lease (601,519) (19,327)  
Other assets and liabilities 1,436,099 (164,038) 244,411
Monetary and exchange rate variation, net (12,530,891) (1,964,927) (1,066,650)
Net financial result (26,085,523) (6,725,781) R$ (4,842,513)
Capitalized interest costs on loans, financing and debentures 10,636 4,213  
Transaction costs for loans and financing R$ 13,783 R$ 34,836