XML 70 R61.htm IDEA: XBRL DOCUMENT

NET FINANCIAL RESULT (Tables)

6 Months Ended

Jun. 30, 2021

NET FINANCIAL RESULT

Schedule of net financial result


		June 30,		June 30,
		2021		2020
Financial expenses
Interest on loans, financing and debentures ⁽¹⁾		(1,492,521)		(1,728,835)
Premium expenses on early settlements		(33,719)
Amortization of fundraising costs ⁽²⁾		(56,502)		(41,268)
Amortization of fair value adjustment on business combination		(6,108)		(10,660)
Interest expense on lease liabilities		(273,800)		(240,528)
Other financial expenses		(60,442)		(98,259)
		(1,923,092)		(2,119,550)
Financial income
Cash and cash equivalents and marketable securities		49,328		108,427
Amortization of fair value adjustment on business combination				47,619
Other financial income		21,162		47,127
		70,490		203,173
Income from derivative financial instruments
Income		4,603,059		990,989
Expenses		(3,364,186)		(11,826,103)
		1,238,873		(10,835,114)
Monetary and exchange rate variation, net
Exchange rate variation on loans, financing and debentures		2,065,925		(16,364,585)
Lease		96,774		(742,501)
Other assets and liabilities ⁽³⁾		(473,507)		1,757,291
		1,689,192		(15,349,795)
Net financial result		1,075,463		(28,101,286)

1)	Does not include R$1,049 arising from capitalized loan costs for the six-month period ended June 30, 2021 (does not include R$7,940 as of June 30, 2020).

2)	Includes an expense of R$3,767 arising from transaction costs with loans and financing that were recognized directly to the statement of income (R$2,213 as of June 30, 2020).

3)	Includes effects of exchange rate variations of trade accounts receivable, trade account payable, cash and cash equivalents, marketable securities and other.