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FINANCIAL INCOME (Details) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
FINANCIAL INCOME      
Income from short-term investments R$ 543,507 R$ 392,445 R$ 182,639
Interest income and other financial income 359,512 213,917 66,385
Financial Income 903,019 606,362 249,024
Interest on debt (840,069) (964,607) (1,059,841)
Monetary variation and other financial expenses (556,720) (598,551) (373,246)
Financial Expenses (1,396,789) (1,563,158) (1,433,087)
Exchange Variation, net (850,375) (974,709) (108,373)
Bonds repurchase expenses     (264,687)
Tax credits monetary update 253,002   788,741
Gains and losses on derivative financial instruments, net (14,979) 39,079 17,928
Financial result, net R$ (1,106,122) R$ (1,892,426) R$ (750,454)