| SEGMENT INFORMATION |
The Company's senior management (the Chief Operating Decision Maker) uses segment information to evaluate the performance of operating segments and make resource allocation decisions. This information is prepared on a basis consistent with the accounting policies used in the preparation of the financial statements. Earnings before interest, taxes, depreciation, and amortization ("EBITDA") are used by the Company to evaluate the performance of its operating segments.
Reported segments:
- Raízen: operates in (i) the production, commercialization, origination, and trading of ethanol, (ii) production and commercialization of bioenergy, (iii) resale and trading of electricity, (iv) production and commercialization of other product from renewable sources (solar energy and biogas), (v) production, marketing, origination and trading of sugar and (vi) distribution and commercialization of fuels and lubricants and operations related to the Shell Select convenience store business and proximity OXXO of the Nós Group, a joint venture with FEMSA Comércio.
- Compass: its main activities are: (i) distribution of piped natural gas throughout Brazil to industrial, residential, commercial, automotive, and cogeneration customers; (ii) commercialization of electricity and natural gas; (iii) development of infrastructure projects in a regasification terminal and offshore gas pipeline; and (iv) development of thermal generation projects utilizing natural gas.
- Moove: operates in the production, formulation and distribution of high-performance lubricants, base oils and specialties with headquarters in Brazil and operates in 11 countries in South America, North America, and Europe. It blends, distributes, and sells products under Mobil and proprietary brands for different end-markets including industrial, commercial and passenger/cargo vehicles.
- Rumo: logistics services for rail transport, port storage and loading of goods, primarily grains and sugar, leasing of locomotives, wagons, and other railroad equipment, as well as operation of containers.
- Radar: A reference in agricultural property management, Radar invests in a diversified portfolio with high potential for appreciation, through participation in the companies Radar, Tellus and Janus.
Reconciliation:
- Cosan Corporate: represents the reconciliation of Cosan’s corporate structure, which is composed of: (i) senior management and corporate teams, which incur general and administrative expenses and other expenses (operating income), including pre-operational investments; (ii) equity income from investments; and (iii) financial result attributed to cash and debts of the controlling company, intermediary holding companies (Cosan Oito, Cosan Nove and Cosan Dez) and offshore financial companies, and investment in the Climate Tech Fund, a fund managed by Fifth Wall, specialized in technologic innovation.
Although Raízen S.A. is a joint venture registered under the equity method and is not proportionally consolidated, Management continues to review the information by segment. The reconciliation of these segments is presented in the column “Deconsolidation of Joint Venture”.
|
|
12/31/2024 |
|
|
|
Reported segments |
|
|
Reconciliation |
|
|
|
|
|
Raízen |
|
|
Compass |
|
|
Moove |
|
|
Rumo |
|
|
Radar |
|
|
Cosan Corporate |
|
|
Deconsolidation of Joint Venture |
|
|
Elimination Between Segments |
|
|
Consolidated |
|
|
Statement of profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
251,198,776 |
|
|
18,383,448 |
|
|
10,248,369 |
|
|
13,936,389 |
|
|
1,441,809 |
|
|
2,160 |
|
|
(251,198,776 |
) |
|
(61,433 |
) |
|
43,950,742 |
|
|
Cost of sales |
(237,636,637 |
) |
|
(14,706,965 |
) |
|
(7,309,994 |
) |
|
(7,533,536 |
) |
|
(746,956 |
) |
|
(43 |
) |
|
237,636,637 |
|
|
61,433 |
|
|
(30,236,061 |
) |
|
Gross profit |
13,562,139 |
|
|
3,676,483 |
|
|
2,938,375 |
|
|
6,402,853 |
|
|
694,853 |
|
|
2,117 |
|
|
(13,562,139 |
) |
|
— |
|
|
13,714,681 |
|
|
Selling expenses |
(6,634,623 |
) |
|
(195,472 |
) |
|
(1,331,412 |
) |
|
(49,006 |
) |
|
— |
|
|
— |
|
|
6,634,623 |
|
|
— |
|
|
(1,575,890 |
) |
|
General and administrative expenses |
(3,020,473 |
) |
|
(818,420 |
) |
|
(921,196 |
) |
|
(661,678 |
) |
|
(73,201 |
) |
|
(370,787 |
) |
|
3,020,473 |
|
|
— |
|
|
(2,845,282 |
) |
|
Other operating income (expenses), net |
2,029,354 |
|
|
858,402 |
|
|
84,081 |
|
|
(146,740 |
) |
|
1,265,098 |
|
|
(511,007 |
) |
|
(2,029,354 |
) |
|
— |
|
|
1,549,834 |
|
|
Impairment |
— |
|
|
(6,155 |
) |
|
— |
|
|
(3,149,245 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(3,155,400 |
) |
|
Impairment in associate |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(4,672,396 |
) |
|
— |
|
|
— |
|
|
(4,672,396 |
) |
|
Interest in earnings (losses) of subsidiaries and associates |
(235,631 |
) |
|
154,487 |
|
|
— |
|
|
40,348 |
|
|
21,531 |
|
|
3,509,443 |
|
|
235,631 |
|
|
(2,006,778 |
) |
|
1,719,031 |
|
|
Interest in earnings (losses) of joint ventures |
— |
|
|
— |
|
|
— |
|
|
(7,445 |
) |
|
— |
|
|
(1,222,535 |
) |
|
— |
|
|
— |
|
|
(1,229,980 |
) |
|
Finance result |
(7,273,308 |
) |
|
(854,169 |
) |
|
(181,139 |
) |
|
(2,577,844 |
) |
|
27,756 |
|
|
(5,164,321 |
) |
|
7,273,308 |
|
|
— |
|
|
(8,749,717 |
) |
|
Finance expense |
(4,741,898 |
) |
|
(1,587,619 |
) |
|
(182,407 |
) |
|
(3,242,246 |
) |
|
(27,130 |
) |
|
(2,597,714 |
) |
|
4,741,898 |
|
|
— |
|
|
(7,637,116 |
) |
|
Finance income |
995,444 |
|
|
977,905 |
|
|
129,175 |
|
|
1,102,136 |
|
|
54,886 |
|
|
391,797 |
|
|
(995,444 |
) |
|
— |
|
|
2,655,899 |
|
|
Foreign exchange variation, net |
(4,974,022 |
) |
|
(578,412 |
) |
|
(212,224 |
) |
|
(1,455,848 |
) |
|
— |
|
|
(3,494,875 |
) |
|
4,974,022 |
|
|
— |
|
|
(5,741,359 |
) |
|
Derivatives |
1,447,168 |
|
|
333,957 |
|
|
84,317 |
|
|
1,018,114 |
|
|
— |
|
|
536,471 |
|
|
(1,447,168 |
) |
|
— |
|
|
1,972,859 |
|
|
Income taxes |
(1,102,531 |
) |
|
(966,578 |
) |
|
(194,579 |
) |
|
(800,485 |
) |
|
(130,285 |
) |
|
(1,098,595 |
) |
|
1,102,531 |
|
|
— |
|
|
(3,190,522 |
) |
|
Profit (loss) for the year from continuing operations |
(2,675,073 |
) |
|
1,848,578 |
|
|
394,130 |
|
|
(949,242 |
) |
|
1,805,752 |
|
|
(9,528,081 |
) |
|
2,675,073 |
|
|
(2,006,778 |
) |
|
(8,435,641 |
) |
|
Profit for the year from discontinued operations, net of tax |
— |
|
|
273,875 |
|
|
— |
|
|
— |
|
|
— |
|
|
241,010 |
|
|
— |
|
|
(241,010 |
) |
|
273,875 |
|
|
Net profit (loss) for the year |
(2,675,073 |
) |
|
2,122,453 |
|
|
394,130 |
|
|
(949,242 |
) |
|
1,805,752 |
|
|
(9,287,071 |
) |
|
2,675,073 |
|
|
(2,247,788 |
) |
|
(8,161,766 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit (loss) attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of the Company |
(2,732,286 |
) |
|
1,730,597 |
|
|
275,921 |
|
|
(291,680 |
) |
|
532,950 |
|
|
(9,423,795 |
) |
|
2,732,286 |
|
|
(2,247,788 |
) |
|
(9,423,795 |
) |
|
Non-controlling interest |
57,213 |
|
|
391,856 |
|
|
118,209 |
|
|
(657,562 |
) |
|
1,272,802 |
|
|
136,724 |
|
|
(57,213 |
) |
|
— |
|
|
1,262,029 |
|
|
|
(2,675,073 |
) |
|
2,122,453 |
|
|
394,130 |
|
|
(949,242 |
) |
|
1,805,752 |
|
|
(9,287,071 |
) |
|
2,675,073 |
|
|
(2,247,788 |
) |
|
(8,161,766 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other selected data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
10,036,600 |
|
|
1,088,610 |
|
|
460,391 |
|
|
2,303,380 |
|
|
273 |
|
|
15,929 |
|
|
(10,036,600 |
) |
|
— |
|
|
3,868,583 |
|
|
EBITDA |
15,737,366 |
|
|
5,031,810 |
|
|
1,230,239 |
|
|
4,732,467 |
|
|
1,908,554 |
|
|
(3,008,226 |
) |
|
(15,737,366 |
) |
|
(2,247,788 |
) |
|
7,647,056 |
|
|
Additions to fixed assets, intangible assets and contract assets |
12,349,347 |
|
|
2,135,908 |
|
|
186,040 |
|
|
5,492,724 |
|
|
6,414 |
|
|
13,435 |
|
|
(12,349,347 |
) |
|
— |
|
|
7,834,521 |
|
|
Reconciliation of EBITDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit (loss) for the year |
(2,675,073 |
) |
|
2,122,453 |
|
|
394,130 |
|
|
(949,242 |
) |
|
1,805,752 |
|
|
(9,287,071 |
) |
|
2,675,073 |
|
|
(2,247,788 |
) |
|
(8,161,766 |
) |
|
Income taxes |
1,102,531 |
|
|
966,578 |
|
|
194,579 |
|
|
800,485 |
|
|
130,285 |
|
|
1,098,595 |
|
|
(1,102,531 |
) |
|
— |
|
|
3,190,522 |
|
|
Finance result |
7,273,308 |
|
|
854,169 |
|
|
181,139 |
|
|
2,577,844 |
|
|
(27,756 |
) |
|
5,164,321 |
|
|
(7,273,308 |
) |
|
— |
|
|
8,749,717 |
|
|
Depreciation and amortization |
10,036,600 |
|
|
1,088,610 |
|
|
460,391 |
|
|
2,303,380 |
|
|
273 |
|
|
15,929 |
|
|
(10,036,600 |
) |
|
— |
|
|
3,868,583 |
|
|
EBITDA |
15,737,366 |
|
|
5,031,810 |
|
|
1,230,239 |
|
|
4,732,467 |
|
|
1,908,554 |
|
|
(3,008,226 |
) |
|
(15,737,366 |
) |
|
(2,247,788 |
) |
|
7,647,056 |
|
|
|
12/31/2023 |
|
|
|
Reported segments |
|
|
Reconciliation |
|
|
|
|
|
Raízen |
|
|
Compass |
|
|
Moove |
|
|
Rumo |
|
|
Radar |
|
|
Cosan Corporate |
|
|
Deconsolidation of Joint Venture |
|
|
Elimination Between Segments |
|
|
Consolidated |
|
|
Statement of profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
221,693,298 |
|
|
17,767,327 |
|
|
10,078,626 |
|
|
10,937,716 |
|
|
743,411 |
|
|
2,709 |
|
|
(221,693,298 |
) |
|
(61,292 |
) |
|
39,468,497 |
|
|
Cost of sales |
(202,926,764 |
) |
|
(14,256,031 |
) |
|
(7,359,606 |
) |
|
(6,838,433 |
) |
|
(153,470 |
) |
|
(3,648 |
) |
|
202,926,764 |
|
|
61,292 |
|
|
(28,549,896 |
) |
|
Gross profit |
18,766,534 |
|
|
3,511,296 |
|
|
2,719,020 |
|
|
4,099,283 |
|
|
589,941 |
|
|
(939 |
) |
|
(18,766,534 |
) |
|
— |
|
|
10,918,601 |
|
|
Selling expenses |
(5,773,538 |
) |
|
(164,399 |
) |
|
(1,144,957 |
) |
|
(40,658 |
) |
|
— |
|
|
(556 |
) |
|
5,773,538 |
|
|
— |
|
|
(1,350,570 |
) |
|
General and administrative expenses |
(2,815,532 |
) |
|
(788,015 |
) |
|
(645,634 |
) |
|
(559,973 |
) |
|
(74,355 |
) |
|
(459,997 |
) |
|
2,815,532 |
|
|
— |
|
|
(2,527,974 |
) |
|
Other operating income (expenses), net |
1,968,248 |
|
|
607,226 |
|
|
(336 |
) |
|
(100,780 |
) |
|
2,253,803 |
|
|
1,164,464 |
|
|
(1,968,248 |
) |
|
— |
|
|
3,924,377 |
|
|
Interest in earnings of subsidiaries and associates |
(219,896 |
) |
|
178,978 |
|
|
— |
|
|
75,333 |
|
|
20,015 |
|
|
2,647,255 |
|
|
219,896 |
|
|
(2,571,182 |
) |
|
350,399 |
|
|
Interest in earnings of joint ventures |
— |
|
|
— |
|
|
— |
|
|
1,266 |
|
|
— |
|
|
1,694,679 |
|
|
— |
|
|
— |
|
|
1,695,945 |
|
|
Finance result |
(5,962,849 |
) |
|
(730,954 |
) |
|
(319,136 |
) |
|
(2,555,382 |
) |
|
30,798 |
|
|
(4,322,353 |
) |
|
5,962,849 |
|
|
— |
|
|
(7,897,027 |
) |
|
Finance expense |
(6,241,261 |
) |
|
(1,658,582 |
) |
|
(242,751 |
) |
|
(3,621,093 |
) |
|
(6,776 |
) |
|
(5,808,228 |
) |
|
6,241,261 |
|
|
— |
|
|
(11,337,430 |
) |
|
Finance income |
797,560 |
|
|
1,283,024 |
|
|
116,408 |
|
|
1,190,685 |
|
|
37,577 |
|
|
400,440 |
|
|
(797,560 |
) |
|
— |
|
|
3,028,134 |
|
|
Foreign exchange variation, net |
1,240,924 |
|
|
152,592 |
|
|
(155,618 |
) |
|
368,259 |
|
|
(3 |
) |
|
1,412,208 |
|
|
(1,240,924 |
) |
|
— |
|
|
1,777,438 |
|
|
Derivatives |
(1,760,072 |
) |
|
(507,988 |
) |
|
(37,175 |
) |
|
(493,233 |
) |
|
— |
|
|
(326,773 |
) |
|
1,760,072 |
|
|
— |
|
|
(1,365,169 |
) |
|
Income taxes |
(1,936,598 |
) |
|
(859,311 |
) |
|
(332,090 |
) |
|
(197,174 |
) |
|
(147,636 |
) |
|
1,261,785 |
|
|
1,936,598 |
|
|
— |
|
|
(274,426 |
) |
|
Profit for the year from continuing operations |
4,026,369 |
|
|
1,754,821 |
|
|
276,867 |
|
|
721,915 |
|
|
2,672,566 |
|
|
1,984,338 |
|
|
(4,026,369 |
) |
|
(2,571,182 |
) |
|
4,839,325 |
|
|
Profit for the year from discontinued operations, net of tax |
— |
|
|
45,419 |
|
|
— |
|
|
— |
|
|
— |
|
|
20,384 |
|
|
— |
|
|
(20,384 |
) |
|
45,419 |
|
|
Net profit for the year |
4,026,369 |
|
|
1,800,240 |
|
|
276,867 |
|
|
721,915 |
|
|
2,672,566 |
|
|
2,004,722 |
|
|
(4,026,369 |
) |
|
(2,591,566 |
) |
|
4,884,744 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of the Company |
3,863,605 |
|
|
1,410,630 |
|
|
193,888 |
|
|
218,886 |
|
|
768,162 |
|
|
1,094,391 |
|
|
(3,863,605 |
) |
|
(2,591,566 |
) |
|
1,094,391 |
|
|
Non-controlling interest |
162,764 |
|
|
389,610 |
|
|
82,979 |
|
|
503,029 |
|
|
1,904,404 |
|
|
910,331 |
|
|
(162,764 |
) |
|
— |
|
|
3,790,353 |
|
|
|
4,026,369 |
|
|
1,800,240 |
|
|
276,867 |
|
|
721,915 |
|
|
2,672,566 |
|
|
2,004,722 |
|
|
(4,026,369 |
) |
|
(2,591,566 |
) |
|
4,884,744 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other selected data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
8,071,288 |
|
|
899,635 |
|
|
273,772 |
|
|
2,175,834 |
|
|
275 |
|
|
15,427 |
|
|
(8,071,288 |
) |
|
— |
|
|
3,364,943 |
|
|
EBITDA |
19,997,104 |
|
|
4,290,140 |
|
|
1,201,865 |
|
|
5,650,305 |
|
|
2,789,679 |
|
|
5,080,717 |
|
|
(19,997,104 |
) |
|
(2,591,566 |
) |
|
16,421,140 |
|
|
Additions to fixed assets, intangible assets and contract assets |
11,396,056 |
|
|
2,317,889 |
|
|
177,971 |
|
|
3,689,877 |
|
|
39,892 |
|
|
42,333 |
|
|
(11,396,056 |
) |
|
— |
|
|
6,267,962 |
|
|
Reconciliation of EBITDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit for the year |
4,026,369 |
|
|
1,800,240 |
|
|
276,867 |
|
|
721,915 |
|
|
2,672,566 |
|
|
2,004,722 |
|
|
(4,026,369 |
) |
|
(2,591,566 |
) |
|
4,884,744 |
|
|
Income taxes |
1,936,598 |
|
|
859,311 |
|
|
332,090 |
|
|
197,174 |
|
|
147,636 |
|
|
(1,261,785 |
) |
|
(1,936,598 |
) |
|
— |
|
|
274,426 |
|
|
Finance result |
5,962,849 |
|
|
730,954 |
|
|
319,136 |
|
|
2,555,382 |
|
|
(30,798 |
) |
|
4,322,353 |
|
|
(5,962,849 |
) |
|
— |
|
|
7,897,027 |
|
|
Depreciation and amortization |
8,071,288 |
|
|
899,635 |
|
|
273,772 |
|
|
2,175,834 |
|
|
275 |
|
|
15,427 |
|
|
(8,071,288 |
) |
|
— |
|
|
3,364,943 |
|
|
EBITDA |
19,997,104 |
|
|
4,290,140 |
|
|
1,201,865 |
|
|
5,650,305 |
|
|
2,789,679 |
|
|
5,080,717 |
|
|
(19,997,104 |
) |
|
(2,591,566 |
) |
|
16,421,140 |
|
|
|
12/31/2022 |
|
|
|
Reported segments |
|
|
Reconciliation |
|
|
|
|
|
Raízen |
|
|
Compass |
|
|
Moove |
|
|
Rumo |
|
|
Radar |
|
|
Cosan Corporate |
|
|
Deconsolidation of Joint Venture |
|
|
Elimination Between Segments |
|
|
Consolidated |
|
|
Statement of profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
244,293,722 |
|
|
19,719,205 |
|
|
8,980,077 |
|
|
9,841,508 |
|
|
834,616 |
|
|
10,416 |
|
|
(244,293,722 |
) |
|
(63,036 |
) |
|
39,322,786 |
|
|
Cost of sales |
(233,658,136 |
) |
|
(16,364,835 |
) |
|
(6,990,171 |
) |
|
(6,695,147 |
) |
|
(560,274 |
) |
|
(9,428 |
) |
|
233,658,136 |
|
|
63,036 |
|
|
(30,556,819 |
) |
|
Gross profit |
10,635,586 |
|
|
3,354,370 |
|
|
1,989,906 |
|
|
3,146,361 |
|
|
274,342 |
|
|
988 |
|
|
(10,635,586 |
) |
|
— |
|
|
8,765,967 |
|
|
Selling expenses |
(5,148,014 |
) |
|
(163,256 |
) |
|
(1,072,488 |
) |
|
(30,619 |
) |
|
— |
|
|
(9,916 |
) |
|
5,148,014 |
|
|
— |
|
|
(1,276,279 |
) |
|
General and administrative expenses |
(2,425,318 |
) |
|
(563,466 |
) |
|
(347,591 |
) |
|
(468,574 |
) |
|
(45,535 |
) |
|
(332,901 |
) |
|
2,425,318 |
|
|
— |
|
|
(1,758,067 |
) |
|
Other income (expenses), net |
283,606 |
|
|
(91,905 |
) |
|
29,002 |
|
|
348,543 |
|
|
1,302,442 |
|
|
164,140 |
|
|
(283,606 |
) |
|
— |
|
|
1,752,222 |
|
|
Interest in earnings of associates |
(119,338 |
) |
|
98,033 |
|
|
— |
|
|
40,462 |
|
|
20,799 |
|
|
3,109,119 |
|
|
119,338 |
|
|
(2,849,516 |
) |
|
418,897 |
|
|
Interest in earnings of joint venture |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(92,179 |
) |
|
— |
|
|
— |
|
|
(92,179 |
) |
|
Finance results, net |
(4,105,064 |
) |
|
(377,136 |
) |
|
(101,872 |
) |
|
(2,329,035 |
) |
|
4,106 |
|
|
(2,353,999 |
) |
|
4,105,064 |
|
|
— |
|
|
(5,157,936 |
) |
|
Finance expense |
(3,010,398 |
) |
|
(1,291,850 |
) |
|
(114,249 |
) |
|
(1,521,478 |
) |
|
(3,550 |
) |
|
(1,775,408 |
) |
|
3,010,398 |
|
|
— |
|
|
(4,706,535 |
) |
|
Finance income |
811,948 |
|
|
898,100 |
|
|
75,817 |
|
|
1,108,620 |
|
|
7,656 |
|
|
3,687,328 |
|
|
(811,948 |
) |
|
— |
|
|
5,777,521 |
|
|
Foreign exchange, net |
963,060 |
|
|
102,655 |
|
|
(15,394 |
) |
|
374,859 |
|
|
— |
|
|
(201,374 |
) |
|
(963,060 |
) |
|
— |
|
|
260,746 |
|
|
Derivatives |
(2,869,674 |
) |
|
(86,041 |
) |
|
(48,046 |
) |
|
(2,291,036 |
) |
|
— |
|
|
(4,064,545 |
) |
|
2,869,674 |
|
|
— |
|
|
(6,489,668 |
) |
|
Income taxes |
864,710 |
|
|
(329,185 |
) |
|
(10,062 |
) |
|
(193,116 |
) |
|
(74,915 |
) |
|
725,682 |
|
|
(864,710 |
) |
|
— |
|
|
118,404 |
|
|
Profit (loss) for the year from continued operations |
(13,832 |
) |
|
1,927,455 |
|
|
486,895 |
|
|
514,022 |
|
|
1,481,239 |
|
|
1,210,934 |
|
|
13,832 |
|
|
(2,849,516 |
) |
|
2,771,029 |
|
|
Profit for the year from discontinued operations, net of tax |
— |
|
|
49,846 |
|
|
— |
|
|
— |
|
|
|
|
|
17,180 |
|
|
— |
|
|
(17,180 |
) |
|
49,846 |
|
|
Profit (loss) for the year |
(13,832 |
) |
|
1,977,301 |
|
|
486,895 |
|
|
514,022 |
|
|
1,481,239 |
|
|
1,228,114 |
|
|
13,832 |
|
|
(2,866,696 |
) |
|
2,820,875 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit (loss) attributed to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of the Company |
(66,054 |
) |
|
1,834,528 |
|
|
340,914 |
|
|
156,380 |
|
|
749,840 |
|
|
961,066 |
|
|
66,054 |
|
|
(2,866,696 |
) |
|
1,176,032 |
|
|
Non-controlling interests |
52,222 |
|
|
142,773 |
|
|
145,981 |
|
|
357,642 |
|
|
731,399 |
|
|
267,048 |
|
|
(52,222 |
) |
|
— |
|
|
1,644,843 |
|
|
|
(13,832 |
) |
|
1,977,301 |
|
|
486,895 |
|
|
514,022 |
|
|
1,481,239 |
|
|
1,228,114 |
|
|
13,832 |
|
|
(2,866,696 |
) |
|
2,820,875 |
|
|
Other selected data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
9,297,498 |
|
|
776,248 |
|
|
251,886 |
|
|
1,966,945 |
|
|
238 |
|
|
19,163 |
|
|
(9,297,498 |
) |
|
— |
|
|
3,014,480 |
|
|
EBITDA |
12,524,020 |
|
|
3,459,870 |
|
|
850,715 |
|
|
5,003,118 |
|
|
1,552,286 |
|
|
2,875,594 |
|
|
(12,524,020 |
) |
|
(2,866,696 |
) |
|
10,874,887 |
|
|
Additions to fixed assets, intangible assets and contract assets |
9,339,898 |
|
|
1,659,202 |
|
|
109,263 |
|
|
2,717,745 |
|
|
19,212 |
|
|
25,952 |
|
|
(9,339,898 |
) |
|
— |
|
|
4,531,374 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reconciliation of EBITDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit (loss) for the year |
(13,832 |
) |
|
1,977,301 |
|
|
486,895 |
|
|
514,022 |
|
|
1,481,239 |
|
|
1,228,114 |
|
|
13,832 |
|
|
(2,866,696 |
) |
|
2,820,875 |
|
|
Income taxes |
(864,710 |
) |
|
329,185 |
|
|
10,062 |
|
|
193,116 |
|
|
74,915 |
|
|
(725,682 |
) |
|
864,710 |
|
|
— |
|
|
(118,404 |
) |
|
Finance results, net |
4,105,064 |
|
|
377,136 |
|
|
101,872 |
|
|
2,329,035 |
|
|
(4,106 |
) |
|
2,353,999 |
|
|
(4,105,064 |
) |
|
— |
|
|
5,157,936 |
|
|
Depreciation and amortization |
9,297,498 |
|
|
776,248 |
|
|
251,886 |
|
|
1,966,945 |
|
|
238 |
|
|
19,163 |
|
|
(9,297,498 |
) |
|
— |
|
|
3,014,480 |
|
|
EBITDA |
12,524,020 |
|
|
3,459,870 |
|
|
850,715 |
|
|
5,003,118 |
|
|
1,552,286 |
|
|
2,875,594 |
|
|
(12,524,020 |
) |
|
(2,866,696 |
) |
|
10,874,887 |
|
|
|
12/31/2024 |
|
|
|
Reported segments |
|
|
Reconciliation |
|
|
|
|
|
Raízen |
|
|
Compass |
|
|
Moove |
|
|
Rumo |
|
|
Radar |
|
|
Cosan Corporate |
|
|
Deconsolidation of Joint Venture |
|
|
Elimination Between Segments |
|
|
Consolidated |
|
|
Statement of financial position: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
9,962,864 |
|
|
5,271,256 |
|
|
753,347 |
|
|
7,461,618 |
|
|
33,041 |
|
|
3,384,280 |
|
|
(9,962,864 |
) |
|
— |
|
|
16,903,542 |
|
|
Marketable securities |
1,337,706 |
|
|
1,074,806 |
|
|
303,492 |
|
|
812,795 |
|
|
251,267 |
|
|
943,941 |
|
|
(1,337,706 |
) |
|
— |
|
|
3,386,301 |
|
|
Trade receivables |
11,053,414 |
|
|
1,804,823 |
|
|
1,164,422 |
|
|
583,349 |
|
|
443,140 |
|
|
— |
|
|
(11,053,414 |
) |
|
— |
|
|
3,995,734 |
|
|
Derivative financial instruments |
17,070,322 |
|
|
356,589 |
|
|
151,926 |
|
|
1,647,977 |
|
|
— |
|
|
1,642,836 |
|
|
(17,070,322 |
) |
|
— |
|
|
3,799,328 |
|
|
Inventories |
17,435,862 |
|
|
252,220 |
|
|
1,538,105 |
|
|
282,580 |
|
|
— |
|
|
— |
|
|
(17,435,862 |
) |
|
— |
|
|
2,072,905 |
|
|
Sectorial financial assets |
— |
|
|
731,642 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
731,642 |
|
|
Other financial assets |
87,966 |
|
|
3,820 |
|
|
675 |
|
|
— |
|
|
— |
|
|
— |
|
|
(87,966 |
) |
|
— |
|
|
4,495 |
|
|
Other current assets |
10,611,882 |
|
|
592,317 |
|
|
288,376 |
|
|
1,040,439 |
|
|
72,089 |
|
|
3,786,460 |
|
|
(10,611,882 |
) |
|
(2,112,993 |
) |
|
3,666,688 |
|
|
Other non-current assets |
15,784,732 |
|
|
1,810,491 |
|
|
241,816 |
|
|
3,421,143 |
|
|
24,870 |
|
|
2,901,292 |
|
|
(15,784,732 |
) |
|
(160,256 |
) |
|
8,239,356 |
|
|
Investments in subsidiaries and associates |
— |
|
|
1,277,955 |
|
|
— |
|
|
|
|
|
92,166 |
|
|
24,235,118 |
|
|
— |
|
|
(15,207,538 |
) |
|
10,678,566 |
|
|
Investments in joint ventures |
2,012,536 |
|
|
— |
|
|
— |
|
|
41,121 |
|
|
— |
|
|
10,503,923 |
|
|
(2,012,536 |
) |
|
— |
|
|
10,545,044 |
|
|
Biological assets |
3,596,878 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(3,596,878 |
) |
|
— |
|
|
— |
|
|
Investment property |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
16,818,919 |
|
|
— |
|
|
— |
|
|
— |
|
|
16,818,919 |
|
|
Contract assets |
2,806,284 |
|
|
1,110,463 |
|
|
4,367 |
|
|
— |
|
|
— |
|
|
— |
|
|
(2,806,284 |
) |
|
— |
|
|
1,114,830 |
|
|
Right-of-use assets |
9,549,136 |
|
|
1,581,601 |
|
|
316,762 |
|
|
8,039,779 |
|
|
3,053 |
|
|
17,556 |
|
|
(9,549,136 |
) |
|
— |
|
|
9,958,751 |
|
|
Property, plant and equipment |
37,503,618 |
|
|
1,620,505 |
|
|
911,277 |
|
|
20,435,467 |
|
|
17 |
|
|
51,750 |
|
|
(37,503,618 |
) |
|
— |
|
|
23,019,016 |
|
|
Intangible assets and goodwill |
9,472,002 |
|
|
16,761,631 |
|
|
3,013,392 |
|
|
6,545,890 |
|
|
— |
|
|
9,872 |
|
|
(9,472,002 |
) |
|
— |
|
|
26,330,785 |
|
|
Loans, borrowings and debentures |
(52,781,598 |
) |
|
(14,449,033 |
) |
|
(3,558,575 |
) |
|
(19,123,218 |
) |
|
— |
|
|
(29,324,600 |
) |
|
52,781,598 |
|
|
— |
|
|
(66,455,426 |
) |
|
Derivative financial instruments - liabilities |
(14,464,530 |
) |
|
(389,778 |
) |
|
(57,347 |
) |
|
(1,918,204 |
) |
|
— |
|
|
(1,104,875 |
) |
|
14,464,530 |
|
|
— |
|
|
(3,470,204 |
) |
|
Trade payables |
(20,042,646 |
) |
|
(1,650,748 |
) |
|
(1,735,704 |
) |
|
(1,777,918 |
) |
|
(20,549 |
) |
|
(2,930 |
) |
|
20,042,646 |
|
|
— |
|
|
(5,187,849 |
) |
|
Employee benefits payables |
(1,096,336 |
) |
|
(253,655 |
) |
|
(140,553 |
) |
|
(376,475 |
) |
|
— |
|
|
(43,324 |
) |
|
1,096,336 |
|
|
— |
|
|
(814,007 |
) |
|
Sectorial financial liabilities |
— |
|
|
(2,040,239 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(2,040,239 |
) |
|
Other current liabilities |
(9,327,070 |
) |
|
(2,876,023 |
) |
|
(428,437 |
) |
|
(1,252,805 |
) |
|
(135,410 |
) |
|
(905,820 |
) |
|
9,327,070 |
|
|
1,628,676 |
|
|
(3,969,819 |
) |
|
Leases |
(11,988,100 |
) |
|
(2,122,306 |
) |
|
(327,517 |
) |
|
(4,032,188 |
) |
|
(3,281 |
) |
|
(24,461 |
) |
|
11,988,100 |
|
|
— |
|
|
(6,509,753 |
) |
|
Other non-current liabilities |
(14,143,270 |
) |
|
(3,735,956 |
) |
|
(548,995 |
) |
|
(7,177,061 |
) |
|
(580,129 |
) |
|
(2,022,675 |
) |
|
14,143,270 |
|
|
644,573 |
|
|
(13,420,243 |
) |
|
Total assets (net of liabilities) allocated by segment |
24,441,652 |
|
|
6,732,381 |
|
|
1,890,829 |
|
|
14,935,154 |
|
|
16,999,193 |
|
|
14,048,343 |
|
|
(24,441,652 |
) |
|
(15,207,538 |
) |
|
39,398,362 |
|
|
Total assets |
148,285,202 |
|
|
34,250,119 |
|
|
8,687,957 |
|
|
50,593,023 |
|
|
17,738,562 |
|
|
47,477,028 |
|
|
(148,285,202 |
) |
|
(17,480,787 |
) |
|
141,265,902 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders’ equity attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of the Company |
23,864,556 |
|
|
4,091,601 |
|
|
1,326,385 |
|
|
4,477,643 |
|
|
5,311,909 |
|
|
10,903,764 |
|
|
(23,864,556 |
) |
|
(15,207,538 |
) |
|
10,903,764 |
|
|
Non-controlling interest |
577,096 |
|
|
2,640,780 |
|
|
564,444 |
|
|
10,457,511 |
|
|
11,687,284 |
|
|
3,144,579 |
|
|
(577,096 |
) |
|
— |
|
|
28,494,598 |
|
|
Total shareholders’ equity |
24,441,652 |
|
|
6,732,381 |
|
|
1,890,829 |
|
|
14,935,154 |
|
|
16,999,193 |
|
|
14,048,343 |
|
|
(24,441,652 |
) |
|
(15,207,538 |
) |
|
39,398,362 |
|
|
|
12/31/2023 |
|
|
|
Reported segments |
|
|
Reconciliation |
|
|
|
|
|
Raízen |
|
|
Compass |
|
|
Moove |
|
|
Rumo |
|
|
Radar |
|
|
Cosan Corporate |
|
|
Deconsolidation of Joint Venture |
|
|
Elimination Between Segments |
|
|
Consolidated |
|
|
Statement of financial position: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
7,915,876 |
|
|
3,931,532 |
|
|
773,552 |
|
|
7,233,993 |
|
|
39,946 |
|
|
2,679,458 |
|
|
(7,915,876 |
) |
|
— |
|
|
14,658,481 |
|
|
Marketable securities |
349,584 |
|
|
800,267 |
|
|
77,814 |
|
|
1,396,107 |
|
|
239,361 |
|
|
990,412 |
|
|
(349,584 |
) |
|
— |
|
|
3,503,961 |
|
|
Trade receivables |
13,438,430 |
|
|
1,550,973 |
|
|
1,101,854 |
|
|
556,298 |
|
|
234,801 |
|
|
710 |
|
|
(13,438,430 |
) |
|
— |
|
|
3,444,636 |
|
|
Derivative financial instruments - assets |
10,888,050 |
|
|
175,655 |
|
|
— |
|
|
1,561,493 |
|
|
— |
|
|
809,651 |
|
|
(10,888,050 |
) |
|
— |
|
|
2,546,799 |
|
|
Inventories |
17,310,692 |
|
|
292,335 |
|
|
1,284,773 |
|
|
215,605 |
|
|
— |
|
|
1 |
|
|
(17,310,692 |
) |
|
— |
|
|
1,792,714 |
|
|
Sectorial financial assets |
— |
|
|
548,700 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
548,700 |
|
|
Other financial assets |
103,774 |
|
|
2,423 |
|
|
690 |
|
|
— |
|
|
— |
|
|
— |
|
|
(103,774 |
) |
|
— |
|
|
3,113 |
|
|
Other current assets |
8,478,292 |
|
|
1,553,524 |
|
|
193,836 |
|
|
841,417 |
|
|
375,716 |
|
|
3,152,651 |
|
|
(8,478,292 |
) |
|
(1,106,687 |
) |
|
5,010,457 |
|
|
Other non-current assets |
13,957,596 |
|
|
1,166,991 |
|
|
209,823 |
|
|
3,528,375 |
|
|
14,378 |
|
|
3,832,013 |
|
|
(13,957,596 |
) |
|
(180,880 |
) |
|
8,570,700 |
|
|
Investments in subsidiaries and associates |
— |
|
|
1,630,124 |
|
|
2 |
|
|
312,302 |
|
|
88,656 |
|
|
32,792,891 |
|
|
— |
|
|
(17,212,606 |
) |
|
17,611,369 |
|
|
Investments in joint ventures |
1,321,982 |
|
|
— |
|
|
— |
|
|
48,566 |
|
|
— |
|
|
11,693,876 |
|
|
(1,321,982 |
) |
|
— |
|
|
11,742,442 |
|
|
Biological assets |
3,818,316 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(3,818,316 |
) |
|
— |
|
|
— |
|
|
Investment property |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
15,976,126 |
|
|
— |
|
|
— |
|
|
— |
|
|
15,976,126 |
|
|
Contract assets |
3,108,696 |
|
|
1,041,421 |
|
|
10,684 |
|
|
— |
|
|
— |
|
|
— |
|
|
(3,108,696 |
) |
|
— |
|
|
1,052,105 |
|
|
Right-of-use assets |
9,645,522 |
|
|
1,588,292 |
|
|
195,953 |
|
|
7,703,754 |
|
|
3,319 |
|
|
22,200 |
|
|
(9,645,522 |
) |
|
— |
|
|
9,513,518 |
|
|
Property, plant and equipment |
30,144,420 |
|
|
1,255,012 |
|
|
755,955 |
|
|
19,176,386 |
|
|
24 |
|
|
52,597 |
|
|
(30,144,420 |
) |
|
— |
|
|
21,239,974 |
|
|
Intangible assets and goodwill |
9,677,254 |
|
|
13,299,255 |
|
|
2,679,983 |
|
|
6,664,143 |
|
|
— |
|
|
6,906 |
|
|
(9,677,254 |
) |
|
— |
|
|
22,650,287 |
|
|
Loans, borrowings and debentures |
(39,634,986 |
) |
|
(10,017,150 |
) |
|
(2,207,028 |
) |
|
(18,964,841 |
) |
|
— |
|
|
(25,715,635 |
) |
|
39,634,986 |
|
|
— |
|
|
(56,904,654 |
) |
|
Derivative financial instruments |
(7,870,706 |
) |
|
(360,784 |
) |
|
(742 |
) |
|
(1,471,795 |
) |
|
— |
|
|
(1,581,824 |
) |
|
7,870,706 |
|
|
— |
|
|
(3,415,145 |
) |
|
Trade payables |
(20,150,654 |
) |
|
(1,534,041 |
) |
|
(1,494,568 |
) |
|
(1,084,931 |
) |
|
(68,422 |
) |
|
(2,563 |
) |
|
20,150,654 |
|
|
— |
|
|
(4,184,525 |
) |
|
Employee benefits payables |
(966,452 |
) |
|
(301,560 |
) |
|
(147,313 |
) |
|
(318,550 |
) |
|
— |
|
|
(61,906 |
) |
|
966,452 |
|
|
— |
|
|
(829,329 |
) |
|
Sectorial financial liabilities |
— |
|
|
(1,810,698 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(1,810,698 |
) |
|
Other current liabilities |
(10,642,734 |
) |
|
(1,703,128 |
) |
|
(336,080 |
) |
|
(1,583,216 |
) |
|
(182,298 |
) |
|
(1,239,688 |
) |
|
10,642,734 |
|
|
571,201 |
|
|
(4,473,209 |
) |
|
Leases |
(11,304,874 |
) |
|
(1,636,943 |
) |
|
(198,964 |
) |
|
(3,406,843 |
) |
|
(3,502 |
) |
|
(29,542 |
) |
|
11,304,874 |
|
|
— |
|
|
(5,275,794 |
) |
|
Other non-current liabilities |
(12,284,662 |
) |
|
(2,678,578 |
) |
|
(580,103 |
) |
|
(6,537,271 |
) |
|
(543,490 |
) |
|
(2,367,850 |
) |
|
12,284,662 |
|
|
716,444 |
|
|
(11,990,848 |
) |
|
Total assets (net of liabilities) allocated by segment |
27,303,416 |
|
|
8,793,622 |
|
|
2,320,121 |
|
|
15,870,992 |
|
|
16,174,615 |
|
|
25,034,358 |
|
|
(27,303,416 |
) |
|
(17,212,528 |
) |
|
50,981,180 |
|
|
Total assets |
130,158,484 |
|
|
28,836,504 |
|
|
7,284,919 |
|
|
49,238,439 |
|
|
16,972,327 |
|
|
56,033,366 |
|
|
(130,158,484 |
) |
|
(18,500,173 |
) |
|
139,865,382 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders’ equity attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of the Company |
26,561,384 |
|
|
5,798,294 |
|
|
1,624,273 |
|
|
4,766,403 |
|
|
5,023,574 |
|
|
20,955,291 |
|
|
(26,561,384 |
) |
|
(17,212,528 |
) |
|
20,955,307 |
|
|
Non-controlling interest |
742,032 |
|
|
2,995,328 |
|
|
695,848 |
|
|
11,104,589 |
|
|
11,151,041 |
|
|
4,079,067 |
|
|
(742,032 |
) |
|
— |
|
|
30,025,873 |
|
|
Total shareholders’ equity |
27,303,416 |
|
|
8,793,622 |
|
|
2,320,121 |
|
|
15,870,992 |
|
|
16,174,615 |
|
|
25,034,358 |
|
|
(27,303,416 |
) |
|
(17,212,528 |
) |
|
50,981,180 |
|
4.1 NET SALES TO EXTERNAL CUSTOMERS BY PRODUCTS/CUSTOMER TYPE
|
|
12/31/2024 |
|
|
12/31/2023 |
|
|
12/31/2022 |
|
|
Reported segment |
|
|
|
|
|
|
|
|
|
Raízen |
|
|
|
|
|
|
|
|
|
Ethanol |
25,567,836 |
|
|
23,312,258 |
|
|
29,652,112 |
|
|
Sugar |
38,019,072 |
|
|
29,070,524 |
|
|
23,695,768 |
|
|
Gasoline |
67,097,828 |
|
|
66,267,702 |
|
|
66,586,914 |
|
|
Diesel |
102,834,016 |
|
|
90,281,586 |
|
|
106,684,577 |
|
|
Cogeneration |
7,271,246 |
|
|
3,724,090 |
|
|
3,688,108 |
|
|
Other |
10,408,778 |
|
|
9,037,138 |
|
|
13,986,243 |
|
|
|
251,198,776 |
|
|
221,693,298 |
|
|
244,293,722 |
|
|
Compass |
|
|
|
|
|
|
|
|
|
Natural gas distribution |
|
|
|
|
|
|
|
|
|
Industrial |
11,984,101 |
|
|
11,411,212 |
|
|
12,945,164 |
|
|
Residential |
2,331,262 |
|
|
2,202,348 |
|
|
2,200,849 |
|
|
Cogeneration |
511,997 |
|
|
710,288 |
|
|
943,907 |
|
|
Automotive |
485,947 |
|
|
592,917 |
|
|
928,468 |
|
|
Commercial |
873,384 |
|
|
820,685 |
|
|
814,962 |
|
|
Construction revenue |
1,602,284 |
|
|
1,494,142 |
|
|
1,217,818 |
|
|
Other |
594,473 |
|
|
535,735 |
|
|
429,493 |
|
|
|
18,383,448 |
|
|
17,767,327 |
|
|
19,480,661 |
|
|
Electricity trading |
— |
|
|
— |
|
|
238,544 |
|
|
|
18,383,448 |
|
|
17,767,327 |
|
|
19,719,205 |
|
|
Moove |
|
|
|
|
|
|
|
|
|
Finished product |
8,794,520 |
|
|
8,520,267 |
|
|
8,094,216 |
|
|
Base oil |
630,349 |
|
|
765,408 |
|
|
596,443 |
|
|
Services |
823,500 |
|
|
792,951 |
|
|
289,418 |
|
|
|
10,248,369 |
|
|
10,078,626 |
|
|
8,980,077 |
|
|
Rumo |
|
|
|
|
|
|
|
|
|
North operations |
11,096,559 |
|
|
8,346,314 |
|
|
7,635,243 |
|
|
South operations |
2,154,493 |
|
|
2,032,703 |
|
|
1,739,391 |
|
|
Container operations |
685,337 |
|
|
558,699 |
|
|
466,874 |
|
|
|
13,936,389 |
|
|
10,937,716 |
|
|
9,841,508 |
|
|
Radar |
|
|
|
|
|
|
|
|
|
Lease and sale of lands |
1,441,809 |
|
|
743,411 |
|
|
834,616 |
|
|
|
|
|
|
|
|
|
|
|
Reconciliation |
|
|
|
|
|
|
|
|
|
Cosan Corporate |
2,160 |
|
|
2,709 |
|
|
10,416 |
|
|
|
|
|
|
|
|
|
|
|
Deconsolidation of joint venture and eliminations |
(251,260,209 |
) |
|
(221,754,590 |
) |
|
(244,356,758 |
) |
|
Total |
43,950,742 |
|
|
39,468,497 |
|
|
39,322,786 |
|
4.2. INFORMATION ON GEOGRAPHICAL AREA
|
|
Net sales |
|
|
Other non-current assets |
|
|
|
12/31/2024 |
|
|
12/31/2023 |
|
|
12/31/2022 |
|
|
12/31/2024 |
|
|
12/31/2023 |
|
|
Brazil |
38,185,302 |
|
|
33,816,723 |
|
|
33,714,249 |
|
|
8,218,106 |
|
|
12,584,481 |
|
|
Europe (i) |
3,100,762 |
|
|
3,050,235 |
|
|
3,080,840 |
|
|
— |
|
|
8,969 |
|
|
Latin America (ii) |
304,074 |
|
|
144,853 |
|
|
697,117 |
|
|
6,448 |
|
|
3,275 |
|
|
United States of America |
2,360,604 |
|
|
2,456,686 |
|
|
1,770,487 |
|
|
14,802 |
|
|
10,087 |
|
|
Asia and other |
— |
|
|
— |
|
|
60,093 |
|
|
— |
|
|
— |
|
|
Total |
43,950,742 |
|
|
39,468,497 |
|
|
39,322,786 |
|
|
8,239,356 |
|
|
12,606,812 |
|
Main countries:
(i) England, France, Spain and Portugal
(ii) Argentina, Bolivia, Uruguay and Paraguay
4.3. MAIN CUSTOMERS
On December 31, 2024, one customer contributed 4.01% of Company's net operating revenue, or approximately R$1,763,541, to the Company's net operating revenue. This same customer contributed approximately R$1,213,263 and R$862,650 to the subsidiary's net revenue in 2023 and 2022 respectively, accounting for approximately 3.07% and 2.17% of the Company's net revenue respectively.
|