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CASH AND CASH EQUIVALENTS (Tables)
12 Months Ended
Dec. 31, 2021
CASH AND CASH EQUIVALENTS  
Schedule of cash and cash equivalents

Average yield

December 31,

December 31,

    

p.a. %

    

2021

    

2020

Cash and banks(1)

0.36

11,720,774

6,212,318

Cash equivalents

Local currency

Fixed-term deposits (Compromised)

83.46 of CDI

14,506

115,032

Foreign currency

Fixed-term deposits (2)

0.73

1,855,496

507,707

13,590,776

6,835,057

1)Refers substantially to investments in foreign currency in the Sweep Account modality, which is a remunerated account, whose balance is applied and made available automatically and daily.
2)Refers to Time Deposit applications, with maturity up to 90 days, which is a remunerated bank deposit with a specific maturity period.