v3.25.2
Financial results
 6 Months Ended
Jun. 30, 2025
Notes and other explanatory information [abstract]  
Financial results

6. Financial results

         
    Three-month period ended June 30, Six-month period ended June 30,
  Notes 2025 2024 2025 2024
Financial income          
Short-term investments   95 75 193 156
Other   17 3 35 31
Total financial income   112 78 228 187
Financial expenses          
Loans and borrowings interest 9(c) (230) (203) (450) (369)
Bond premium repurchase 9(c) – – (44) –
Interest on supplier finance arrangements   (43) (44) (82) (90)
Interest on REFIS   (24) (23) (42) (51)
Interest on lease liabilities 22 (8) (14) (16) (28)
Other   (99) (81) (152) (166)
Total financial expenses   (404) (365) (786) (704)
Other financial items, net          
Foreign exchange and indexation gains (losses), net   28 (253) (324) (626)
Participative shareholders' debentures 20 (117) (241) (79) (77)
Derivative financial instruments, net 18 548 (471) 1,313 (469)
Total other financial expenses   459 (965) 910 (1,172)
Total   167 (1,252) 352 (1,689)