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CASH AND CASH EQUIVALENTS, AND SHORT AND LONG-TERM INVESTMENTS | 12 Months Ended
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Dec. 31, 2019
CASH AND CASH EQUIVALENTS, AND SHORT AND LONG-TERM INVESTMENTS |
CASH AND CASH EQUIVALENTS, AND SHORT AND LONG-TERM INVESTMENTS | NOTE 4 — CASH AND CASH EQUIVALENTS, AND SHORT AND LONG-TERM INVESTMENTS
|  | 2019 |  | 2018
Cash |  | 12,302 |  | 6,800
Banks and immediately available investments |  | 2,629,350 |  | 2,883,344
Cash and cash equivalents |  | 2,641,652 |  | 2,890,144
|  | 2019 |  | 2018
Short-term investments |  | 3,652,949 |  | 459,470
Immediately available investments include investments with maturity up to 90 days, immediate liquidity and low risk of fair value variation. Short-term investments include Bank Deposit Certificates and marketable securities, which are stated at their fair value. Income generated by these investments is recorded as financial income.

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- Definition The entire disclosure for cash, cash equivalents and short and long-term investments. + References No definition available. + Details
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