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v3.19.1

LOANS AND FINANCING (Tables) | 12 Months Ended
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Dec. 31, 2018
LOANS AND FINANCING |
Schedule of loans and financing |
|  | Annual charges (*) |  | 2018 |  | 2017
Working capital |  | 6.78% |  | 2,424,246 |  | 2,739,258
Financing of property, plant and equipment and others |  | 14.28% |  | 1,205,281 |  | 2,108,216
Ten/Thirty Year Bonds |  | 5.81% |  | 9,738,314 |  | 11,614,182
Total Loans and Financing |  |  |  | 13,367,841 |  | 16,461,656
Current |  |  |  | 1,822,183 |  | 2,004,341
Non-current |  |  |  | 11,545,658 |  | 14,457,315
Principal amount of loans and Financing |  |  |  | 13,178,457 |  | 16,207,120
Interest accrued of loans and Financing |  |  |  | 189,384 |  | 254,536
Total of Debts |  |  |  | 13,367,841 |  | 16,461,656
(*)Weighted average effective interest costs on December 31, 2018, which in a consolidated basis represent total of 6.66%.
Schedule of loans and financing by currency |
|  | 2018 |  | 2017
Brazilian Real (BRL) |  | 2,361,610 |  | 2,710,308
U.S. Dollar (USD) |  | 10,924,355 |  | 13,333,669
Other currencies |  | 81,876 |  | 417,679
|  | 13,367,841 |  | 16,461,656
Schedule of amortization of long term loans and financing |
|  | 2018 |  | 2017
2019 |  | — |  | 873,274
2020 |  | 2,253,958 |  | 3,158,211
2021 |  | 1,199,045 |  | 1,730,177
2022 |  | 121,490 |  | 147,715
2023 |  | 1,209,109 |  | 1,296,597
2024 after |  | 6,762,056 |  | 7,251,341
|  | 11,545,658 |  | 14,457,315

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