v3.25.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
Income Taxes  
Schedule of breakdown
     
   
  12.31.24   12.31.23
Assets      
Tax losses carryforward  2,543,398   2,532,720
Negative calculation basis (social contribution)  915,623     911,779
       
Temporary differences - Assets      
Provisions for tax, civil and labor risks  394,642     365,381
Expected credit losses  215,626     176,776
Impairment on tax credits 54,853    55,253
Provision for other obligations  110,059     115,216
Write-down to net realizable value of inventories 10,248    19,627
Employees' benefits plan  133,783     137,947
Lease basis difference  256,418     189,753
Share-based payment 26,967   -
Other temporary differences  299,549     118,846
   4,961,166   4,623,298
       
Temporary differences - Liabilities      
Goodwill amortization basis difference   (337,038)    (336,135)
Depreciation (useful life) basis difference (1,118,093)    (863,896)
Business combination (1)   (959,663)    (971,832)
Monetary correction by Hyperinflation  (46,319)   (95,981)
Unrealized gains on derivatives, net   (120,326)    (127,036)
Unrealized fair value gains, net  (29,977)    (163,744)
Other temporary differences  (20,671)   (11,691)
  (2,632,087)   (2,570,315)
       
Total deferred taxes  2,329,079   2,052,983
       
Total Assets  2,331,012   2,113,108
Total Liabilities (1,933)   (60,125)
   2,329,079   2,052,983
(1)The deferred tax liability on business combination is substantially represented by the allocation of goodwill to property, plant and equipment, brands and contingent liabilities.
Schedule of deferred income taxes, net
     
   
  12.31.24   12.31.23
Beginning balance   2,052,983    2,454,998
Deferred income taxes recognized in income  (8,180)     244,172
Deferred income taxes recognized in other comprehensive income   282,988    (217,297)
Deferred income and social contribution taxes used in the leniency agreement -    (435,128)
Other  1,288   6,238
Ending balance   2,329,079    2,052,983
Schedule of effective income tax rate reconciliation
         
       
  12.31.24   12.31.23   12.31.22
           
Income (loss) before taxes 5,049,873   (1,984,706)   (2,805,044)
Nominal tax rate 34%   34%   34%
Expenses at nominal tax rates (1,716,957)   674,800   953,715
Adjustments to income taxes          
Income from associates and joint ventures   (4,649)   (1,110)    366
Tax rate, GAAP and permanent differences on the results of a subsidiary  62,206    (536,428)   212,753
Effect of exchange rate variation on assets and liabilities of subsidiaries 922,204    (190,743)    (538,002)
Deferred tax assets not recognized -    -    (967,103)
Interest on equity capital 389,640    -    -
Interest on taxes  74,652   140,056     83,235
Profits taxed by foreign jurisdictions  (329,147)    (110,655)    (31,400)
Tax paid on international subsidiaries 141,206     26,416     21,061
Recognition of tax assets from previous years  11,722     61,348    (77,964)
Provision for contingencies (1) (IRPJ and CSLL)  (977,277)    -    -
Other permanent differences  68,431     52,170     57,705
 Total (1,357,969)   115,854    (285,634)
           
Effective rate 26.9%   5.8%   -10.2%
           
Current tax (1,349,789)    (128,318)    (77,574)
Deferred tax   (8,180)   244,172    (208,060)
(1)Contingency reported in note 20.2.1.