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RESTRICTIONS ON DISTRIBUTION OF PROFITS	12 Months Ended
RESTRICTIONS ON DISTRIBUTION OF PROFITS	Dec. 31, 2020
RESTRICTIONS ON DISTRIBUTION OF PROFITS
RESTRICTIONS ON DISTRIBUTION OF PROFITS	NOTE 28 – RESTRICTIONS ON DISTRIBUTION OF PROFITS Under the LGS, the by-laws of the Company and rules and regulations of the CNV, a minimum of 5% of net income for the year in accordance with the statutory books, plus/less previous years’ adjustments and accumulated losses, if any, must be appropriated by resolution of the shareholders to a legal reserve until such reserve reaches 20% of the outstanding capital (common stock plus inflation adjustment of common stock).