Loans and financings (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Loans And Financings |
|
| Schedule of analysis of the loans and financings |
|
| Schedule of movements in loans and financings |
| Schedule of movements in loans and financings |
|
|
|
|
| |
|
2025 |
|
2024 |
| Balance at the beginning of the year |
|
1,762,633 |
|
1,725,566 |
| New loans and financings |
|
542,414 |
|
799,439 |
| Debt issue costs |
|
(4,931) |
|
(7,577) |
| Interest accrual |
|
137,208 |
|
133,730 |
| Changes in fair value of financing liabilities related to changes in the Company's own credit risk |
|
328 |
|
1,572 |
| Changes in fair value of loans and financings – note 10 |
|
(2,052) |
|
3,627 |
| Debt modification gain – note 10 |
|
- |
|
(3,142) |
| Loss on bonds repurchase |
|
1,905 |
|
3,348 |
| Payments of loans and financings |
|
(632,856) |
|
(681,475) |
| Foreign exchange effects |
|
40,606 |
|
(84,387) |
| Interest paid on loans and financings |
|
(139,271) |
|
(128,068) |
| Balance at the end of year |
|
1,705,984 |
|
1,762,633 |
|
| Schedule of maturity profile of the loans and financings |
| Schedule
of maturity profile of the loans and financings |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
2025 |
| |
2026 |
2027 |
2028 |
2029 |
2030 |
As from
2031 |
Total |
| Eurobonds – USD (i) |
18,969 |
(1,132) |
110,050 |
(953) |
(953) |
1,095,590 |
1,221,571 |
| BNDES |
28,290 |
18,810 |
18,810 |
13,665 |
13,665 |
82,119 |
175,359 |
| Export credit notes (i) |
938 |
29,514 |
(487) |
92,183 |
- |
- |
122,148 |
| Debentures (i) |
4,595 |
(185) |
(185) |
(185) |
118,084 |
- |
122,124 |
| Other |
2,623 |
2,432 |
52,432 |
2,432 |
2,432 |
2,431 |
64,782 |
| Total |
55,415 |
49,439 |
180,620 |
107,142 |
133,228 |
1,180,140 |
1,705,984 |
(i) The negative balances refer to related funding costs (fee) amortization.
|
| Schedule of analysis of the loans and financings, by currency |
| Schedule
of analysis of the loans and financings, by currency |
|
|
|
|
|
| |
|
|
2025 |
|
2024 |
| |
Current |
Non-current |
Total |
|
Total |
| USD |
20,055 |
1,373,814 |
1,393,869 |
|
1,465,434 |
| BRL |
35,360 |
276,755 |
312,115 |
|
297,199 |
| |
55,415 |
1,650,569 |
1,705,984 |
|
1,762,633 |
|
| Schedule of analysis of the loans and financings, by index |
| Schedule
of analysis of the loans and financings, by index |
|
|
|
|
|
| |
|
|
2025 |
|
2024 |
| |
Current |
Non-current |
Total |
|
Total |
| Fixed rate |
18,969 |
1,202,602 |
1,221,571 |
|
1,231,129 |
| SOFR |
1,086 |
171,211 |
172,297 |
|
234,307 |
| TLP |
17,867 |
147,069 |
164,936 |
|
158,052 |
| CDI |
4,595 |
117,529 |
122,124 |
|
107,310 |
| TJLP |
5,709 |
12,158 |
17,867 |
|
18,813 |
| BNDES SELIC |
7,189 |
- |
7,189 |
|
13,022 |
| |
55,415 |
1,650,569 |
1,705,984 |
|
1,762,633 |
|
| Schedule of changes in liabilities arising from financing activities |
| Schedule
of changes in liabilities arising from financing activities |
|
|
|
|
|
|
| |
Loans and financings |
Lease liabilities |
Other financial instruments net |
Dividends payable |
Attributable to NEXA’s shareholders |
Attributable to non-controlling interests |
| At December 31, 2023 |
1,725,566 |
77,405 |
38,229 |
2,830 |
1,197,324 |
254,713 |
| |
|
|
|
|
|
|
| Cash flows from activities |
|
|
|
|
|
|
| Operating activities |
(128,068) |
(11,645) |
(4,762) |
- |
(205,030) |
17,623 |
| Investing activities |
- |
- |
- |
- |
- |
- |
| Financing activities |
110,387 |
(32,056) |
- |
(15,529) |
(4,635) |
4,279 |
| |
|
|
|
|
|
|
| Non-cash financing transactions |
|
|
|
|
|
|
| Interest, foreign exchange and other financial effects |
193,675 |
2,652 |
(150) |
2,422 |
(9,082) |
- |
| Changes in Fair Value of loans and financings |
3,627 |
- |
- |
- |
- |
- |
| Changes in debt modification gain |
(3,142) |
- |
- |
- |
- |
- |
| Changes in Fair Value of derivative financial instruments |
- |
- |
(194) |
- |
- |
- |
| Changes in fair value of energy forward contracts |
- |
- |
(81) |
- |
- |
- |
| Fair value of financial instruments in commodity contracts |
- |
- |
3,347 |
- |
- |
- |
| Price cap realized in offtake agreement |
- |
- |
(3,246) |
- |
- |
- |
| Changes in fair value of financial liabilities related to changes in the Company’s own credit risk |
1,572 |
- |
- |
- |
(1,572) |
- |
| Addition of new contracts |
- |
65,099 |
- |
- |
- |
- |
| Dividends distribution to non-controlling interests |
- |
- |
- |
17,351 |
- |
(17,351) |
| Cash flow hedge accounting |
- |
- |
872 |
- |
644 |
- |
| Currency translation adjustment |
(140,984) |
(5,556) |
(2,163) |
(3,367) |
(163,719) |
(12,901) |
| At December 31, 2024 |
1,762,633 |
95,899 |
31,852 |
3,707 |
813,930 |
246,363 |
| |
|
|
|
|
|
|
| Cash flows from activities |
|
|
|
|
|
|
| Operating activities |
(139,271) |
(9,807) |
(1,687) |
(1,226) |
116,583 |
90,518 |
| Investing activities |
- |
3,745 |
- |
- |
997 |
- |
| Financing activities |
(95,373) |
(43,616) |
- |
(34,267) |
(12,887) |
838 |
| |
|
|
|
|
|
|
| Non-cash financing transactions |
|
|
|
|
|
|
| Interest, foreign exchange and other financial effects |
110,268 |
5,994 |
15 |
(303) |
19,701 |
- |
| Loss on bonds repurchase |
1,905 |
- |
- |
- |
- |
- |
|
Changes in fair value of loans and
financings |
(2,052) |
- |
- |
- |
- |
- |
| Changes in fair value of derivative financial instruments |
- |
- |
(4,116) |
- |
- |
- |
|
Changes in fair value of energy forward
contracts |
- |
- |
(9,608) |
- |
- |
- |
| Changes in fair value of offtake agreement |
- |
- |
49,254 |
- |
- |
- |
| Price cap realized in offtake agreement |
- |
- |
(5,011) |
- |
- |
- |
| Changes in fair value of financial liabilities related to changes in the Company’s own credit risk |
328 |
- |
- |
- |
(328) |
- |
| Addition of new contracts |
- |
54,296 |
- |
- |
- |
- |
| Renegotiation of contracts |
- |
7,919 |
- |
- |
- |
- |
| Dividends distribution to non-controlling interests |
- |
- |
- |
57,289 |
- |
(57,289) |
| Cash flow hedge accounting |
- |
- |
5,150 |
- |
(3,691) |
- |
| Currency translation adjustment |
67,546 |
6,704 |
1,277 |
1,718 |
68,629 |
6,199 |
| Balance at the end of year |
1,705,984 |
121,134 |
67,126 |
26,918 |
1,002,934 |
286,629 |
|