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Hedge accounting (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Text Block [Abstract]    
Summary of detailed information about hedging instruments

The Group undertakes risk management through the economic relationship between hedge instruments and hedged item, in which it is expected that these instruments will move in opposite directions, in the same proportions, with the aim of neutralizing the risk factors.

 

     Hedged item      Hedge instrument  
     Book Value      Variation in
value
recognized in
Other
comprehensive
income		      Nominal
value		      Variation in
the amounts
used to
calculate
hedge
ineffectiveness		  

Strategies

    Assets      Liabilities  

March 31, 2020

               

Foreign exchange risk

               

Hedge of net investment in foreign operations

      228,563        —          52,428        385,484        (56,496 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      228,563        —          52,428        385,484        (56,496 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

December 31, 2019

               

Foreign exchange risk

               

Hedge of net investment in foreign operations

      186,412        —          5,946        248,896        (7,133 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      186,412        —          5,946        248,896        (7,133 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

The Group undertakes risk management through the economic relationship between hedge instruments and hedged item, in which it is expected that these instruments will move in opposite directions, in the same proportions, with the aim of neutralizing the risk factors.

 

     Hedged item      Hedge instrument  
     Book Value      Variation in
value
recognized
in Other
comprehensive
income		      Nominal
value		      Variation in
the amounts
used to
calculate
hedge
ineffectiveness		  

Strategies

    Assets      Liabilities  

2019

               

Foreign exchange risk

               

Hedge of net investment in foreign operations

      186,412        —          5,946        248,896        (7,133 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      186,412        —          5,946        248,896        (7,133 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

2018

               

Foreign exchange risk

               

Hedge of net investment in foreign operations

      147,179        —          18,645        225,901        (17,495 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      147,179        —          18,645        225,901        (17,495 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

2017

               

Foreign exchange risk

               

Hedge of net investment in

foreign operations

      100,323        —          2,034        145,552        (2,386 ) 
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      100,323        —          2,034        145,552        (2,386 )