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FINANCIAL INCOME | 12 Months Ended
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Dec. 31, 2019
FINANCIAL INCOME |
FINANCIAL INCOME | NOTE 32 — FINANCIAL INCOME
|  | 2019 |  | 2018 |  | 2017
Income from short-term investments |  | 87,241 |  | 68,721 |  | 85,153
Interest income and other financial income |  | 135,972 |  | 135,279 |  | 141,462
Financial Income |  | 223,213 |  | 204,000 |  | 226,615
Interest on debt |  | (938,120) |  | (1,177,686) |  | (1,323,448)
Monetary variation and other financial expenses |  | (531,634) |  | (401,655) |  | (402,836)
Financial Expenses |  | (1,469,754) |  | (1,579,341) |  | (1,726,284)
Bonds repurchases |  | — |  | (223,925) |  | —
Exchange Variation, net |  | (247,555) |  | (322,621) |  | (4,057)
Reversal of interest on provision for tax liabilities, net |  | — |  | — |  | 369,819
Gains and losses on derivative financial instruments, net |  | (15,118) |  | 32,092 |  | (9,441)
Financial result, net |  | (1,509,214) |  | (1,889,795) |  | (1,143,348)

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- Definition The disclosure of finance income. [Refer: Finance income] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2019-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2019-en-r&anchor=para_10_e&doctype=Standard -URIDate 2019-03-27 + Details
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