| Property, plant and equipment |
11 Property, plant and equipment
Changes in property, plant and equipment:
| | |
Balance at
January 1,
2026 | | |
Additions net of transfers(1) | | |
Disposals | | |
Depreciation expense | | |
Exchange rate variation | | |
Balance at
March 31,
2026 | |
| Buildings | |
| 4,496,924 | | |
| 160,164 | | |
| (31,659 | ) | |
| (76,728 | ) | |
| 102,910 | | |
| 4,651,611 | |
| Land | |
| 1,168,187 | | |
| 20,927 | | |
| (14,219 | ) | |
| — | | |
| 32,842 | | |
| 1,207,737 | |
| Machinery and equipment | |
| 4,446,022 | | |
| 221,039 | | |
| (12,268 | ) | |
| (173,977 | ) | |
| 83,277 | | |
| 4,564,093 | |
| Facilities | |
| 867,977 | | |
| 37,788 | | |
| (908 | ) | |
| (16,533 | ) | |
| 46,846 | | |
| 935,170 | |
| Computer equipment | |
| 194,719 | | |
| 18,456 | | |
| (305 | ) | |
| (16,497 | ) | |
| 1,086 | | |
| 197,459 | |
| Vehicles (land and air) | |
| 371,819 | | |
| 22,880 | | |
| (5,113 | ) | |
| (14,544 | ) | |
| 13,114 | | |
| 388,156 | |
| Construction in progress | |
| 1,697,271 | | |
| 33,962 | | |
| (1,633 | ) | |
| — | | |
| 29,029 | | |
| 1,758,629 | |
| Other | |
| 402,739 | | |
| 10,092 | | |
| (256 | ) | |
| (14,231 | ) | |
| 1,644 | | |
| 399,988 | |
| | |
| 13,645,658 | | |
| 525,308 | | |
| (66,361 | ) | |
| (312,510 | ) | |
| 310,748 | | |
| 14,102,843 | |
| | |
Balance at January 1, 2025 | | |
Additions net of transfers(1) | | |
Disposals | | |
Depreciation
expense | | |
Exchange
rate
variation | | |
Balance at
March 31,
2025 | |
| Buildings | |
| 3,991,581 | | |
| 76,631 | | |
| (2,279 | ) | |
| (60,711 | ) | |
| 128,144 | | |
| 4,133,366 | |
| Land | |
| 1,060,288 | | |
| 2,617 | | |
| (1,396 | ) | |
| — | | |
| 46,584 | | |
| 1,108,093 | |
| Machinery and equipment | |
| 4,038,196 | | |
| 153,451 | | |
| (719 | ) | |
| (155,514 | ) | |
| 109,328 | | |
| 4,144,742 | |
| Facilities | |
| 682,348 | | |
| 29,983 | | |
| (1,001 | ) | |
| (12,387 | ) | |
| 53,315 | | |
| 752,258 | |
| Computer equipment | |
| 187,164 | | |
| 20,708 | | |
| (1,205 | ) | |
| (14,153 | ) | |
| 2,742 | | |
| 195,256 | |
| Vehicles (land and air) | |
| 275,582 | | |
| 30,778 | | |
| (6,717 | ) | |
| (10,985 | ) | |
| 12,091 | | |
| 300,749 | |
| Construction in progress | |
| 1,238,785 | | |
| (69,170 | ) | |
| (1,194 | ) | |
| — | | |
| 47,653 | | |
| 1,216,074 | |
| Other | |
| 306,936 | | |
| 22,780 | | |
| (110 | ) | |
| (11,554 | ) | |
| 3,902 | | |
| 321,954 | |
| | |
| 11,780,880 | | |
| 267,778 | | |
| (14,621 | ) | |
| (265,304 | ) | |
| 403,759 | | |
| 12,172,492 | |
| (1) | Additions for each category includes transfer from construction
in progress during the period. |
For the three-month period ended
March 31, 2026, the amount of capitalized interest added to construction in progress and included in additions was US$11,009
(US$10,015 for the three-month period ended March 31, 2025).
The capitalization rate used on March 31,
2026 was 6.09% p.y. (7.46% p.y. for the three-month period ended March 31, 2025).
The Group tests the recoverability of its assets
annually using the value-in-use concept through discounted cash flow models. The formal test is performed at the end of the fiscal year
on December 31, and impairment indicators are monitored throughout the year. For the three-month period ended March 31, 2026, there were
no indicators of impairment.
|