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EQUITY - Dividends calculation (Details) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
EQUITY      
Minimum annual mandatory dividend (as a percent) 30.00%    
Appropriation of retained earnings      
Net income R$ 7,501,565 R$ 11,425,512 R$ 15,494,111
Dividends and interest on equity based on income of the year (2,486,695) (5,810,902) (5,068,684)
Retained Earnings      
Appropriation of retained earnings      
Net income 7,501,565 11,425,512 15,494,111
Constitution of legal reserve (318,142) (545,251) (756,334)
Constitution of the tax incentives reserve (1,138,728) (520,478) (367,430)
Net income before dividends and interest on capital 6,044,695 10,359,783 14,370,347
Dividends and interest on equity based on income of the year (2,466,503) (5,749,906) (5,014,450)
Dividend - adjustment in excess of the minimum estatutory undistributed (174,952) (332,712) (341,150)
Total dividends (2,641,455) (6,082,618) (5,355,600)
Net income before constitution of investments and working capital reserve 3,403,240 4,277,165 9,014,747
Constitution of investments and working capital reserve R$ (3,403,240) R$ (4,277,165) R$ (9,014,747)