FINANCIAL INCOME (EXPENSES) (Tables)

12 Months Ended

Dec. 31, 2023

FINANCIAL INCOME (EXPENSES)

Schedule of financial income (expenses)

	2023	2022	2021
Financial Income
Other income with foreign exchange and monetary variation (judicial deposits, taxes and others)(1)	531,227	1,040,811	734,336
Interest income	536,420	571,784	312,978
Gain on derivative transactions	512,698	390,146	149,089
Interest receivable (customers, taxes and other)	165,212	154,263	111,585
Exchange rate variations on loans and financing, debentures, leases and other creditors (Note 21.e)(2)	52,254	—	—
Other financial income	244,357	59,194	2,545
Total	2,042,168	2,216,198	1,310,533
Financial Expenses
Charges and fair value on loans, financing, debentures, leases and other creditor (note 21.e)(2)	(2,092,184)	(1,850,286)	(924,215)
Expenses with monetary variations of provision for contingencies (note 20.c)	(784,427)	(893,963)	(887,446)
Loss on derivative transactions	(622,787)	(495,668)	(161,779)
Interest payable (financial institutions, trade accounts payable, taxes and other)	(560,195)	(345,424)	(194,223)
Foreign exchange variation on loans and financing (Note 21.e)	—	(108,310)	—
Other expenses with exchange and monetary variations (suppliers, taxes and others)	(162,544)	(86,276)	(76,276)
Other financial expenses	(163,940)	(202,591)	(193,174)
Total	(4,386,077)	(3,982,518)	(2,437,113)
Financial income (expenses), net	(2,343,909)	(1,766,320)	(1,126,580)

(1)For the years ended December 31, 2023, 2022 and 2021, includes tax credits, in the amounts of R$245,491, R$816,038 and R$609,096, respectively, arising from decisions on lawsuits, in favor of the Company, which recognized PIS tax credits and COFINS (note 9).

(2)Includes the consolidated amounts of R$1,392,570 e R$1,292,376 and R$828,710 in the years ended December 31, 2023, 2022 and 2021, respectively, related to leases charges (Note 21.e).