| Summary of Changes to Investments in Joint Ventures |
The movements in investment in jointly controlled entities in the parent company were as follows:
|
|
Raízen S.A. |
|
|
Terminal Alvorada S.A |
|
|
Radar Gestão de Invest. S.A. |
|
|
Total |
|
|
Shares issued by the joint venture |
10,352,509,484 |
|
|
100,197,076 |
|
|
24,800,000 |
|
|
|
|
|
Shares held by Cosan |
4,557,597,117 |
|
|
50,098,538 |
|
|
12,400,000 |
|
|
|
|
|
Cosan ownership interest |
5.01 |
% |
|
50.00 |
% |
|
50.00 |
% |
|
|
|
|
Percentage of indirect interest (Cosan Nove) |
25.86 |
% |
|
— |
|
|
— |
|
|
|
|
|
Total (i) |
30.87 |
% |
|
50.00% |
|
|
50.00 |
% |
|
|
|
|
Balance as of January 1, 2023 |
11,221,356 |
|
|
— |
|
|
— |
|
|
11,221,356 |
|
|
Interest in earnings of joint ventures |
1,694,679 |
|
|
1,266 |
|
|
— |
|
|
1,695,945 |
|
|
Asset and liability valuation adjustment |
(7,428 |
) |
|
— |
|
|
— |
|
|
(7,428 |
) |
|
Capital increase |
— |
|
|
47,300 |
|
|
— |
|
|
47,300 |
|
|
Dividends |
(1,214,731 |
) |
|
— |
|
|
— |
|
|
(1,214,731 |
) |
|
Balance as of December 31, 2023 |
11,693,876 |
|
|
48,566 |
|
|
— |
|
|
11,742,442 |
|
|
Interest in earnings of joint ventures |
(1,218,804 |
) |
|
(7,445 |
) |
|
(3,731 |
) |
|
(1,229,980 |
) |
|
Asset and liability valuation adjustments |
139,892 |
|
|
— |
|
|
— |
|
|
139,892 |
|
|
Capital increase (ii) |
— |
|
|
— |
|
|
12,337 |
|
|
12,337 |
|
|
Dividends |
(119,647 |
) |
|
— |
|
|
— |
|
|
(119,647 |
) |
|
Balance as of December 31, 2024 |
10,495,317 |
|
|
41,121 |
|
|
8,606 |
|
|
10,545,044 |
|
|