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Finance result (Tables) | 12 Months Ended
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Dec. 31, 2021
Schedule of finance result | Schedule of finance result
| 2021 | 2020 | 2019
Income from financial investments | 35,773 | 24,479 | 25,965
Changes in fair value of derivative instruments | - | 20,739 | -
Interest received | 23,040 | 11,876 | 9,680
Foreign exchange differences | - | - | 13,321
Other | 5,753 | 5,196 | 2,723
Finance income | 64,566 | 62,290 | 51,689
Change in fair value of derivative instruments | - | - | (1,780)
Interest expense | (108,437) | (25,543) | (24,002)
Interest expense on lease liabilities | (67,212) | (44,458) | (31,469)
Financial discounts granted | (23,193) | (8,081) | (923)
Bank fees | (7,878) | (6,333) | (2,876)
Foreign exchange differences | (17,973) | (4,613) | -
IOF taxes (taxes on financial transactions) | (3,306) | (1,661) | (6,801)
Other | (15,797) | (7,580) | (4,514)
Finance expenses | (243,796) | (98,269) | (72,365)
Finance result | (179,230) | (35,979) | (20,676)

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