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FINANCIAL INCOME

12 Months Ended

Dec. 31, 2023

FINANCIAL INCOME

FINANCIAL INCOME

NOTE 31 — FINANCIAL INCOME

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​	​	​	​	​	​	​
​		2023		2022		2021
​	​	​	​	​	​	​
Income from short-term investments		543,507		392,445		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		(1,106,122)		(1,892,426)		(750,454)

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- Definition

NA.

+ References

No definition available.

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X

- Definition

The disclosure of finance income. [Refer: Finance income]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2023-01-01
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2023-03-23

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