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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF INCOME (LOSS)      
NET SALES R$ 30,460,277 R$ 26,012,950 R$ 13,443,376
Cost of sales (18,966,331) (20,743,482) (6,922,331)
GROSS PROFIT 11,493,946 5,269,468 6,521,045
OPERATING INCOME (EXPENSES)      
Selling (2,174,652) (1,905,279) (598,726)
General and administrative (1,443,192) (1,173,358) (825,209)
Income from associates and joint ventures 36,142 31,993 7,576
Other, net 531,150 405,754 (96,875)
OPERATING PROFIT BEFORE NET FINANCIAL INCOME (EXPENSES) 8,443,394 2,628,578 5,007,811
NET FINANCIAL INCOME (EXPENSES)      
Financial expenses (4,459,425) (4,178,848) (1,500,374)
Financial income 327,475 493,246 459,707
Derivative financial instruments (9,422,682) (1,075,252) (2,735,196)
Monetary and exchange variations, net (12,530,891) (1,964,927) (1,066,650)
NET INCOME (LOSS) BEFORE TAXES (17,642,129) (4,097,203) 165,298
Income and social contribution taxes      
Current (181,926) (246,110) (586,568)
Deferred 7,109,120 1,528,571 741,084
NET INCOME (LOSS) FOR THE YEAR (10,714,935) (2,814,742) 319,814
Attributable to      
Controlling shareholders' (10,724,828) (2,817,518) 319,693
Non-controlling interest R$ 9,893 R$ 2,776 R$ 121
Earnings (loss) per share      
Basic R$ (7.94890) R$ (2.08825) R$ 0.29236
Diluted R$ (7.94890) R$ (2.08825) R$ 0.29199