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CASH AND CASH EQUIVALENTS (Tables)
6 Months Ended
Jun. 30, 2023
CASH AND CASH EQUIVALENTS  
Schedule of cash and cash equivalents

Average yield

June 30,

December 31,

    

p.a. %

    

2023

    

2022

Cash and banks (1)

5.34

10,327,055

8,064,193

Cash equivalents

Local currency

Fixed-term deposits (compromised)

97.30 of CDI

560,985

1,441,758

Foreign currency

Fixed-term deposits (2)

6.01

972,375

11,860,415

9,505,951

(1)Refers mainly to investments in foreign currency under the Sweep Account modality, which is a remunerated account the balance of which is invested and made available automatically each day.

(2)Refers to Time Deposit applications, with maturity up to 90 days, which is a remunerated bank deposit with a specific maturity period and is subject to an insignificant risk of changes in value.