v3.26.1
Financial results (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of financial result
       
Year ended December 31, Notes 2025 2024 2023
Financial income        
Short-term investments   433 328 309
Other   68 94 123
Total financial income    501 422 432
Financial expenses        
Loans and borrowings interest 24 (961) (791) (725)
Expenses from bonds and participative shareholders debentures premium repurchase 24 and 23(b) (59) (50) (22)
Interest on working capital transactions 7 and 9 (209) (181) (233)
Interest on REFIS   (87) (91) (148)
Taxes on financial income   (68) (28) (53)
Banking expenses   (42) (107) (133)
Interest on lease liabilities 22 (31) (49) (62)
Other   (190) (176) (83)
Total financial expenses    (1,647) (1,473) (1,459)
Other financial items, net’        
Foreign exchange and indexation losses, net   (802) (1,388) (1,643)
Participative shareholders' debentures 23(b) (694) (175) (179)
Derivative financial instruments, net 20 1,616 (1,209) 903
Total other financial expenses    120 (2,772) (919)
Total   (1,026) (3,823) (1,946)