| Schedule of Right of Use Asset |
| | |
| |
| | |
| | |
Net amount | |
| | |
Range of
lease terms | |
Cost | | |
Accumulated
amortization | | |
December 31,
2025 | | |
December 31,
2024 | |
| Growing facilities | |
1 to 13 years | |
| 1,353,319 | | |
| (700,508 | ) | |
| 652,811 | | |
| 632,267 | |
| Buildings | |
2 to 30 years | |
| 936,706 | | |
| (302,542 | ) | |
| 634,164 | | |
| 638,981 | |
| Vehicles (land) | |
1 to 20 years | |
| 415,418 | | |
| (229,022 | ) | |
| 186,396 | | |
| 189,036 | |
| Machinery and equipment | |
1 to 10 years | |
| 231,277 | | |
| (132,294 | ) | |
| 98,983 | | |
| 106,597 | |
| Operating plants | |
1 to 11 years | |
| 22,082 | | |
| (13,972 | ) | |
| 8,110 | | |
| 8,622 | |
| Land | |
1 to 30 years | |
| 43,913 | | |
| (25,472 | ) | |
| 18,441 | | |
| 15,999 | |
| Computer equipment | |
1 to 5 years | |
| 33,309 | | |
| (18,567 | ) | |
| 14,742 | | |
| 5,371 | |
| Concession Agreement | |
1 year | |
| 4,006 | | |
| (4,006 | ) | |
| — | | |
| — | |
| | |
| |
| 3,040,030 | | |
| (1,426,383 | ) | |
| 1,613,647 | | |
| 1,596,873 | |
|
| Schedule of Changes in Right of Use Asset |
Changes in the right of use asset:
| | |
Balance at
January 1,
2025 | | |
Additions (1) | | |
Terminated
contracts | | |
Amortization | | |
Exchange rate
variation | | |
Balance at
December 31,
2025 | |
| Growing facilities | |
| 632,267 | | |
| 151,508 | | |
| (26,326 | ) | |
| (145,753 | ) | |
| 41,115 | | |
| 652,811 | |
| Buildings | |
| 638,981 | | |
| 98,484 | | |
| (41,477 | ) | |
| (97,399 | ) | |
| 35,575 | | |
| 634,164 | |
| Vehicles (land) | |
| 189,036 | | |
| 76,689 | | |
| (12,627 | ) | |
| (73,048 | ) | |
| 6,346 | | |
| 186,396 | |
| Machinery and equipment | |
| 106,597 | | |
| 41,658 | | |
| (6,069 | ) | |
| (52,020 | ) | |
| 8,817 | | |
| 98,983 | |
| Operating plants | |
| 8,622 | | |
| 1,847 | | |
| (202 | ) | |
| (3,227 | ) | |
| 1,070 | | |
| 8,110 | |
| Land | |
| 15,999 | | |
| 4,592 | | |
| — | | |
| (2,922 | ) | |
| 772 | | |
| 18,441 | |
| Computer equipment | |
| 5,371 | | |
| 8,669 | | |
| (204 | ) | |
| 553 | | |
| 353 | | |
| 14,742 | |
| Concession Agreement (2) | |
| — | | |
| 3,771 | | |
| — | | |
| (3,949 | ) | |
| 178 | | |
| — | |
| | |
| 1,596,873 | | |
| 387,218 | | |
| (86,905 | ) | |
| (377,765 | ) | |
| 94,226 | | |
| 1,613,647 | |
| | |
Balance at
January 1,
2024 | | |
Additions | | |
Terminated
contracts | | |
Amortization | | |
Exchange rate
variation | | |
Balance at
December 31,
2024 | |
| Growing facilities | |
| 805,370 | | |
| 98,774 | | |
| (26,827 | ) | |
| (156,494 | ) | |
| (88,556 | ) | |
| 632,267 | |
| Buildings | |
| 532,104 | | |
| 269,599 | | |
| (17,259 | ) | |
| (93,897 | ) | |
| (51,566 | ) | |
| 638,981 | |
| Vehicles (land, air and sea) | |
| 223,720 | | |
| 47,390 | | |
| (2,241 | ) | |
| (72,809 | ) | |
| (7,024 | ) | |
| 189,036 | |
| Machinery and equipment | |
| 90,101 | | |
| 81,335 | | |
| (5,233 | ) | |
| (47,299 | ) | |
| (12,307 | ) | |
| 106,597 | |
| Operating plants | |
| 19,695 | | |
| (108 | ) | |
| (4,035 | ) | |
| (4,099 | ) | |
| (2,831 | ) | |
| 8,622 | |
| Land | |
| 19,186 | | |
| 727 | | |
| (16 | ) | |
| (2,597 | ) | |
| (1,301 | ) | |
| 15,999 | |
| Computer equipment | |
| 15,534 | | |
| 455 | | |
| — | | |
| (8,327 | ) | |
| (2,291 | ) | |
| 5,371 | |
| | |
| 1,705,710 | | |
| 498,172 | | |
| (55,611 | ) | |
| (385,522 | ) | |
| (165,876 | ) | |
| 1,596,873 | |
| | |
Balance at
January 1,
2023 | | |
Acquired in
business
combination | | |
Additions | | |
Terminated
contracts | | |
Amortization | | |
Exchange rate
variation | | |
Balance at
December 31,
2023 | |
| Growing facilities | |
| 823,989 | | |
| (10,552 | ) | |
| 146,905 | | |
| (16,458 | ) | |
| (167,078 | ) | |
| 28,564 | | |
| 805,370 | |
| Buildings | |
| 426,996 | | |
| — | | |
| 190,185 | | |
| (26,573 | ) | |
| (83,876 | ) | |
| 25,372 | | |
| 532,104 | |
| Vehicles (land, air and sea) | |
| 201,655 | | |
| — | | |
| 94,448 | | |
| (884 | ) | |
| (72,532 | ) | |
| 1,033 | | |
| 223,720 | |
| Machinery and equipment | |
| 104,890 | | |
| — | | |
| 33,933 | | |
| (1,120 | ) | |
| (51,140 | ) | |
| 3,538 | | |
| 90,101 | |
| Operating plants | |
| 18,706 | | |
| — | | |
| 6,061 | | |
| (138 | ) | |
| (6,317 | ) | |
| 1,383 | | |
| 19,695 | |
| Land | |
| 19,641 | | |
| — | | |
| 1,438 | | |
| (24 | ) | |
| (2,604 | ) | |
| 735 | | |
| 19,186 | |
| Computer equipment | |
| 9,216 | | |
| — | | |
| 10,728 | | |
| 4 | | |
| (5,225 | ) | |
| 811 | | |
| 15,534 | |
| | |
| 1,605,093 | | |
| (10,552 | ) | |
| 483,698 | | |
| (45,193 | ) | |
| (388,772 | ) | |
| 61,436 | | |
| 1,705,710 | |
| (1) | The additions have been reduced by the PIS/COFINS tax effect.
The net impact is US$5,252, US$4,879 and US$6,956 in the consolidated total respectively as of December 31, 2025, 2024 and 2023. |
| (2) | Of the total amount of additions, US$1,179 refers to the acquisition
of JBS Terminais Ltda. |
|
| Schedule of Changes in the Lease Liability |
Changes in the lease liability:
| | |
Balance at
January 1,
2025 | | |
Additions | | |
Interest
accrual | | |
Payments | | |
Terminated
contracts | | |
Exchange rate
variation | | |
Balance at
December 31,
2025 | |
| Lease liability | |
| 1,734,029 | | |
| 404,119 | | |
| 104,257 | | |
| (482,847 | ) | |
| (103,976 | ) | |
| 111,703 | | |
| 1,767,285 | |
| | |
Balance at
January 1,
2024 | | |
Additions | | |
Interest
accrual | | |
Payments | | |
Terminated
contracts | | |
Exchange rate
variation | | |
Balance at
December 31,
2024 | |
| Lease liability | |
| 1,841,227 | | |
| 504,963 | | |
| 104,177 | | |
| (473,098 | ) | |
| (60,463 | ) | |
| (182,777 | ) | |
| 1,734,029 | |
| | |
Balance at
January 1,
2023 | | |
Business
Combination
Adjustment | | |
Additions | | |
Interest
accrual | | |
Payments | | |
Terminated
contracts | | |
Exchange rate
variation | | |
Balance at
December 31,
2023 | |
| Lease liability | |
| 1,721,833 | | |
| (10,401 | ) | |
| 421,921 | | |
| 73,463 | | |
| (354,947 | ) | |
| (7,456 | ) | |
| (3,186 | ) | |
| 1,841,227 | |
|