11 Interest Expense

 

June 30, 2020

June 30, 2019

Interest on debentures and notes hedged

26,237

21,837

Interest on debentures and notes not hedged

34,071

45,198

Interest on short-term credits

519

17

Interest expenses related to banks (assets)

828

965

Interest on leases

89

480

Total interest expense from financial instruments measured at AC

61,744

68,497

Interest on derivatives

-

-

Total interest expense from financial instruments measured at FVPL

-3,650

16,352

Total interest expense

58,094

84,849