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16. INVESTMENTS (Details 9) - BRL (R$) R$ in Millions | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | --- | ---
Assets |  |  |  |
Cash and cash equivalents | R$ 1,680 | R$ 536 |  | R$ 891
TOTAL CURRENT | 15,456 | 10,354 | [1] | 27,796
TOTAL NON-CURRENT | 38,627 | 40,172 | [1] | 32,059
Contract assets | 4,980 |  |  |
Liabilities |  |  |  |
TOTAL CURRENT | 9,690 | 7,913 | [1] | 23,394
Total non-current liabilities | 26,915 | R$ 26,458 | [1] | R$ 20,522
Provisions | 1,892 |  |  |
At Fair Value [member] |  |  |  |
Assets |  |  |  |
Cash and cash equivalents | 27 |  |  |
Other current assets | 2 |  |  |
TOTAL CURRENT | 29 |  |  |
TOTAL NON-CURRENT | 108 |  |  |
Contract assets | 108 |  |  |
Liabilities |  |  |  |
Loans and financings | 3 |  |  |
Interest on equity and dividends payable | 2 |  |  |
Other current liabilities | 1 |  |  |
TOTAL CURRENT | 6 |  |  |
Total non-current liabilities | 11 |  |  |
Loans and financings | 8 |  |  |
Provisions | 3 |  |  |
Fair value of net identifiable assets | R$ 120 |  |  |
[1] | See note 2.8.

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