XML 182 R166.htm IDEA: XBRL DOCUMENT v3.24.0.1
FINANCIAL INSTRUMENTS AND RISK AND CAPITAL MANAGEMENT - Derivatives financial instruments classified as swaps (Details) - BRL (R$)
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Derivatives financial instruments      
Current R$ 8,336,000 R$ 113,501,000  
Non Current 76,952,000 44,522,000  
Current (6,948,000) (86,548,000)  
Non Current (87,755,000) (77,593,000)  
Derivative transactions, net (9,415,000) (6,118,000)  
Carrying amount 18,737,227,000 19,301,796,000 R$ 16,933,978,000
Foreign currency swaps US $      
Derivatives financial instruments      
Currency risk affecting net amount receivable 198,011    
Foreign currency swaps Euro      
Derivatives financial instruments      
Currency risk affecting net amount payable 122,243    
Foreign currency swaps (Euro and CDI x Euro) maturing through February 21, 2022      
Derivatives financial instruments      
Currency risk affecting net amount payable 122,241    
Foreign currency swaps (US$ and CDI x US$) maturing through February 21, 2022      
Derivatives financial instruments      
Currency risk affecting net amount payable 198,014    
Book value of exchange risk 46,878,000    
Transaction value of Exchange Risk 46,878    
Foreign currency swaps (NDF US$ x R$) with maturity up to December 12, 2023 [Member]      
Derivatives financial instruments      
Book value of exchange risk 898    
Book Value Of Exchange Payable 898    
Purchased call options [member]      
Derivatives financial instruments      
Total nominal value or nominal amount (820,298,000) (1,701,304,000)  
Accumulated effects from fair value Amount receivable or payable 85,288,000 158,023,000  
Current 8,336,000 113,501,000  
Non Current 76,952,000 44,522,000  
Purchased call options [member] | Floating interest rate [member]      
Derivatives financial instruments      
Total nominal value or nominal amount (172,471,000) (143,813,000)  
Accumulated effects from fair value Amount receivable or payable 1,952,000 1,357,000  
Purchased call options [member] | CDI      
Derivatives financial instruments      
Total nominal value or nominal amount [1] (172,471,000) (143,813,000)  
Accumulated effects from fair value Amount receivable or payable [1] 1,952,000 1,357,000  
Purchased call options [member] | Inflation rates      
Derivatives financial instruments      
Total nominal value or nominal amount (38,033,000) (30,872,000)  
Accumulated effects from fair value Amount receivable or payable 83,080,000 51,003,000  
Purchased call options [member] | IPCA      
Derivatives financial instruments      
Total nominal value or nominal amount [2] (38,033,000) (30,872,000)  
Accumulated effects from fair value Amount receivable or payable [2] 83,080,000 51,003,000  
Purchased call options [member] | Foreign currency      
Derivatives financial instruments      
Total nominal value or nominal amount (609,794,000) (1,526,619,000)  
Accumulated effects from fair value Amount receivable or payable 256,000 105,663,000  
Purchased call options [member] | NDF US$      
Derivatives financial instruments      
Total nominal value or nominal amount [3] (114,402,000) (2,823,000)  
Accumulated effects from fair value Amount receivable or payable [3]   24,000  
Purchased call options [member] | United States of America, Dollars      
Derivatives financial instruments      
Total nominal value or nominal amount [1],[2] (369,544,000) (1,428,565,000)  
Accumulated effects from fair value Amount receivable or payable [1],[2] 27,000 105,472,000  
Purchased call options [member] | Euro Member Countries, Euro      
Derivatives financial instruments      
Total nominal value or nominal amount [1] (125,848,000) (95,231,000)  
Accumulated effects from fair value Amount receivable or payable [1] 229,000 167,000  
Written put options [member]      
Derivatives financial instruments      
Notional value for liabilities position 820,298,000 1,701,304,000  
Short position 94,703,000 164,141,000  
Current 6,948,000 86,548,000  
Non Current 87,755,000 77,593,000  
Derivative transactions, net (9,415,000) (6,118,000)  
Written put options [member] | Floating interest rate [member]      
Derivatives financial instruments      
Notional value for liabilities position 533,425,000 1,579,506,000  
Short position 93,805,000 163,730,000  
Written put options [member] | Fixed interest rate [member]      
Derivatives financial instruments      
Notional value for liabilities position 114,402,000 2,823,000  
Short position 898,000    
Written put options [member] | NDF US$      
Derivatives financial instruments      
Notional value for liabilities position [3] 114,402,000 2,823,000  
Short position [3] 898,000    
Written put options [member] | CDI      
Derivatives financial instruments      
Notional value for liabilities position [1],[2] 533,425,000 1,579,506,000  
Short position [1],[2] 93,805,000 163,730,000  
Written put options [member] | Foreign currency      
Derivatives financial instruments      
Notional value for liabilities position 172,471,000 118,975,000  
Short position   411,000  
Written put options [member] | United States of America, Dollars      
Derivatives financial instruments      
Notional value for liabilities position [1] 169,247,000 143,813,000  
Short position [1]   411,000  
Written put options [member] | Euro Member Countries, Euro      
Derivatives financial instruments      
Total nominal value or nominal amount [1] R$ (3,224,000) R$ (24,838,000)  
[1] Foreign currency swap (euro and CDI x euro) (R$122,241) and (US dollar and CDI x US dollar) (R$198,014) – swap operations contracted with maturities until March 11, 2024, with the objective of protecting against exchange variation risks of net amounts payable (book value of R$122,243 payable and R$198,011 payable, respectively).
[2] Swap IPCA x CDI (R$46,878) – swap operations contracted with maturities in 2033 with the objective of protecting against the risk of variation of the IPCA (book value of R$46,878 payable).
[3] NDF dollar x (R$898) – forward operations contracted with maturities up to June 11, 2024, with the objective of protecting against exchange variation risks of service contracts (book value of R$898 payable).