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FINANCIAL INCOME (Tables)

12 Months Ended

Dec. 31, 2021

FINANCIAL INCOME

Schedule of financial income

​

​	​	​	​	​	​	​
​		2021		2020		2019
​	​	​	​	​	​	​
Income from short-term investments		182,639		108,057		87,241
Interest income and other financial income		66,385		86,035		135,972
Financial Income		249,024		194,092		223,213
​	​	​	​	​	​	​
Interest on debt		(1,059,841)		(1,022,460)		(938,120)
Monetary variation and other financial expenses		(373,246)		(426,001)		(531,634)
Financial Expenses		(1,433,087)		(1,448,461)		(1,469,754)
​	​	​	​	​	​	​
Exchange Variation, net	​	(108,373)	​	(204,291)	​	(247,555)
Bonds repurchase expenses	​	(264,687)	​	(239,273)	​	—
Tax credits monetary update		788,741		—		—
Gains and losses on derivative financial instruments, net		17,928		(774)		(15,118)
Financial result, net		(750,454)		(1,698,707)		(1,509,214)

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No definition available.

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- Definition

The disclosure of finance income (cost). [Refer: Finance income (cost)]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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