v3.25.1
Cash and Cash Equivalents
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Cash and Cash Equivalents

 

4.Cash and Cash Equivalents
         
  Average interest rate (1)   12.31.24   12.31.23
Cash and bank accounts (4)          
Brazilian reais  -   296,529   160,310
Saudi riyal  -   256,879   307,151
U.S. dollar  -   630,990   768,868
Euro  -     16,995     24,506
Turkish lira  -   6,348     93,641
Other currencies  -   170,621   252,781
      1,378,362    1,607,257
Cash equivalents (4)          
In Brazilian reais          
Investment funds 12.15%   4,727    4,676
Offshore note (3) 11.18%   1,501,608     -
Bank deposit certificates 12.16%   3,716,958    4,876,861
      5,223,293    4,881,537
In U.S. Dollar          
Term deposit 5.22%   2,721,270    2,069,531
Overnight  -   1,582     17,570
Other currencies          
Term deposit (Saudi riyal) 5.42%   959,103   612,110
Term deposit (2)     881,754     76,659
      4,563,709    2,775,870
       11,165,364    9,264,664
(1)Weighted average annual interest rate.
(2)The amounts are substantially denominated in Turkish Lira (TRY) at a weighted average rate of 49.57% (43.00% on December 31, 2023).
(3)Investment in financial institutions in the international market, with the balance in Reais (R$), indexed to the DI.
(4)All balances are converted to Reais (R$).

 

Accounting policy:

Comprise the balances of cash, banks and financial applications of immediate liquidity whose maturities, at the time of acquisition, are equal to or less than 90 days, readily convertible into a known amount of cash and which are subject to an insignificant risk of change in value.