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27. FINANCIAL INCOME (EXPENSES), NET (Details) - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
 [1]
Dec. 31, 2018
 [1]
Financial Income Expenses Net      
Financial income R$ 420,757 R$ 1,304,187 R$ 869,534
Interest on cash and cash equivalents 119,068 145,193 160,015
Income with marketable securities 54,094 115,130 113,845
Fair value throught other comprehensive income 538 630 651
Fair value throught profit and loss 8,771 21,065 14,544
Amortized cost 44,785 93,435 98,650
Interest on recoverable taxes [2] 205,066 1,027,835 421,280
Interest on other assets 42,529 16,029 174,394
Financial expenses (1,889,454) (3,096,716) (2,130,194)
Interest on loans and financing (1,545,825) (1,516,677) (1,281,766)
Interest on contingencies [3] (42,641) (574,432) (46,237)
Interest on leases (207,598) (199,276) (41,464)
Interest on actuarial liabilities (33,549) (49,900)
Interest on other liabilities 11,412 (2,447) (23,175)
Written option - Business combination [4] 579,946 (189,816) (109,473)
Adjustment to present value (418,234) (305,190) (277,371)
Others (232,965) (258,978) (350,708)
Monetary, exchange and derivative results, net (230,298) (72,870) (980,814)
Exchange rate variation on monetary assets and liabilities (1,179,236) 100,480 (768,145)
Derivative results 948,938 (173,350) (212,669)
Financial income (expenses), net R$ (1,698,995) R$ (1,865,399) R$ (2,241,474)
[1] Due to the significant increase in the effects of exchange variations and results of derivatives in 2020, the Company begun to group such results in a line item separate from other financial income and expenses. Therefore, the comparative period was restated for comparability.
[2] The following effects are included: the final decision related to the exclusion of ICMS from the PIS and COFINS calculation basis from Eleva in the amount of R$58,979 for the year ended on December 31, 2020 (R$893,224 for the year ended on December 31, 2019 related to Sadia and BRF cases).
[3] For the year ended on December 31, 2019, the effect includes the tax contingency on ICMS credit in the basic food basket products of R$390,242.
[4] Refers to the measurement of the written option recorded from business combination (note 23.8.1). The behavior of the results of the economic group of the referred subsidiary resulted in a reduction of the liability with the corresponding increase in financial results in the year ended on December 31, 2020.