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FINANCIAL INCOME (Tables) | 12 Months Ended
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Dec. 31, 2022
FINANCIAL INCOME |
Schedule of financial income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​
Income from short-term investments |  | 392,445 |  | 182,639 |  | 108,057
Interest income and other financial income |  | 213,917 |  | 66,385 |  | 86,035
Financial Income |  | 606,362 |  | 249,024 |  | 194,092
​ | ​ | ​ | ​ | ​ | ​ | ​
Interest on debt |  | (964,607) |  | (1,059,841) |  | (1,022,460)
Monetary variation and other financial expenses |  | (598,551) |  | (373,246) |  | (426,001)
Financial Expenses |  | (1,563,158) |  | (1,433,087) |  | (1,448,461)
​ | ​ | ​ | ​ | ​ | ​ | ​
Exchange Variation, net | ​ | (974,709) | ​ | (108,373) | ​ | (204,291)
Bonds repurchase expenses | ​ | — | ​ | (264,687) | ​ | (239,273)
Tax credits monetary update |  | — |  | 788,741 |  | —
Gains and losses on derivative financial instruments, net |  | 39,079 |  | 17,928 |  | (774)
Financial result, net |  | (1,892,426) |  | (750,454) |  | (1,698,707)

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