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SHORT-TERM DEBT AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2020

SHORT-TERM DEBT AND LONG-TERM DEBT

Schedule of loans and financing

		Annual charges (*)		2020		2019
Working capital		3.44%		1,178,557		107,312
Financing of property, plant and equipment and others		3.27%		333,797		843,099
Ten/Thirty Year Bonds		5.41%		13,100,580		12,188,412
Total Loans and Financing				14,612,934		13,138,823
Current				1,424,043		1,544,211
Non-current				13,188,891		11,594,612
Principal amount of loans and Financing				14,413,188		12,958,565
Interest accrued of loans and Financing				199,746		180,258
Total				14,612,934		13,138,823

(*) Weighted average effective interest costs on December 31, 2020, which represents total of 5.34%.

Schedule of loans and financing by currency

		2020		2019
Brazilian Real (BRL)		1,245,988		111,492
U.S. Dollar (USD)		13,366,946		12,960,521
Other currencies		-		66,810
		14,612,934		13,138,823

Schedule of amortization of long term loans and financing

		2020		2019
2021		-		1,221,361
2022		5,210		105,137
2023		2,108,324		1,243,774
2024		1,813,225		1,531,163
2025		682,422		1,642,664
2026 on		8,579,710		5,850,513
		13,188,891		11,594,612

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