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SHAREHOLDERS' EQUITY - Dividends and reserve calculations (Details) - BRL (R$) R$ in Thousands |  |  | 12 Months Ended
--- | --- | --- | ---
Dec. 02, 2022 | Jan. 07, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
SHAREHOLDERS' EQUITY |  |  |  |  |
Minimum mandatory dividend, as a percentage of adjusted net income |  |  | 25.00% |  |
Minimum mandatory dividend, as a percentage of consolidated operating cash generation |  |  | 10.00% |  |
Accounting EBITDA |  |  | R$ 29,630,671 | R$ 25,221,854 | R$ 15,216,174
Non-recurring and/or non-cash items |  |  | (1,435,769) |  |
Adjusted EBITDA |  |  | 28,194,902 |  |
Capex Maintenance (Sustain) |  |  | (5,631,234) |  |
GCO = Adjusted EBTIDA - Capex Maintenance |  |  | 22,563,668 |  |
Dividends (10%) - Art. 26, "c" of the Bylaws (iii) |  |  | 2,256,367 | R$ 913,111 |
Advance/interim dividends | R$ 2,350,000 | R$ 1,000,000 | 2,350,000 |  |
Additional dividends |  |  | R$ (93,633) |  |

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