Interest Expense and Other
Interest expense and other increased 210.3% to R$1,049.6 million in 2008 from R$338.3 million in 2007. The main reason for this increase was the increase in net financial debt to R$5,064.6 million in 2008 from R$1,152.5 million in 2007, which was incurred mainly as a result of our significant losses from derivative instruments.