v3.26.1
OBLIGATIONS OF LAW No. 14,182/2021 (Tables)
 12 Months Ended
Dec. 31, 2025
OBLIGATIONS OF LAW No. 14,182/2021  
Schedule of movements in obligations of Law No. 14,182/2021
Energy Development
Account (CDE)		River Basin
Revitalization		Total
Opening balance as of January 1, 202535,610,5606,411,56342,022,123
Effect on cash flow:
Amortization of Principal(1,712,309)(863,256)(2,575,565)
Interest paid(328,555)(105,565)(434,120)
Non-cash effect:
Inflation adjustment1,524,820240,1121,764,932
Charges2,670,067319,2262,989,293
Final balance on December 31, 202537,764,5836,002,08043,766,663
Current2,713,6741,024,8243,738,498
Non-current35,050,9094,977,25640,028,165
Energy Development
Account (CDE)		River Basin
Revitalization		Total
Opening balance as of January 1, 202432,811,6066,707,80039,519,406
Effect on cash flow:
Amortization of Principal(1,128,076)(846,890)(1,974,966)
Interest paid(161,849)(77,282)(239,131)
Non-cash effect:
Inflation adjustment1,604,681288,0811,892,762
Charges2,484,198339,8542,824,052
Final balance on December 31, 2024
35,610,5606,411,56342,022,123
Current1,951,819964,3802,916,199
Non-current33,658,7415,447,18339,105,924
Schedule of maturity analysis of installments of the obligations with CDE and Regeneration of River Basins
The non‑current portions of the obligations related to the CDE and to the River Basin Revitalization Program are measured at present value, using annual discount rates of 7.60% and 5.67% rate, respectively, scheduled as follows:
Energy Development
Account1
River Basin
Revitalization2
Total
2026 (Current)2,713,674 1,024,824 3,738,498 
20271,834,451 570,985 2,405,436 
20283,022,984 903,238 3,926,222 
20292,809,496 871,580 3,681,076 
20302,611,084 824,809 3,435,893 
20312,426,683 780,548 3,207,231 
After 203122,346,211 1,026,096 23,372,307 
37,764,583 6,002,080 43,766,663 
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1Maturity in 2047; and
2Maturity in 2032.