| Trade accounts payable |
15 Trade accounts payable
| | |
March 31,
2026 | | |
December 31,
2025 | |
| Domestic | |
| | |
| |
| Commodities | |
| 1,701,805 | | |
| 2,404,646 | |
| Materials and services | |
| 3,212,019 | | |
| 3,288,007 | |
| Finished products | |
| 101,456 | | |
| 89,482 | |
| Present value adjustment | |
| (8,990 | ) | |
| (8,152 | ) |
| | |
| 5,006,290 | | |
| 5,773,983 | |
| Foreign | |
| | | |
| | |
| Commodities | |
| 609 | | |
| 18,270 | |
| Materials and services | |
| 446,048 | | |
| 403,491 | |
| Finished products | |
| 370 | | |
| 2,356 | |
| | |
| 447,027 | | |
| 424,117 | |
| | |
| | | |
| | |
| Total trade accounts payable | |
| 5,453,317 | | |
| 6,198,100 | |
| | |
| | | |
| | |
| Supplier financing (1) | |
| | | |
| | |
| Domestic | |
| 1,150,595 | | |
| 1,128,538 | |
| Foreign | |
| 5,933 | | |
| 5,921 | |
| Total supplier financing | |
| 1,156,528 | | |
| 1,134,459 | |
| Total | |
| 6,609,845 | | |
| 7,332,559 | |
| (1) | The Group engage in supply chain financing
transactions with top-tier financial institutions for domestic suppliers. It is important to emphasize that, apart from a non-significant
extension of payment terms, there were no operational or commercial changes to the process. The supply chain financing transaction does
not impact the prices charged by suppliers, maintaining the same pricing structure as before the transaction. Additionally, this operation
does not impose any financial burden on the Company and its subsidiaries, as all financial costs are borne by the suppliers. |
Commitment to Purchase for Future Delivery
The Group has cattle purchase commitments for
future delivery established with certain suppliers, ensuring the acquisition of cattle at a fixed or to-be-determined price, without
any cash impact on the Group. until the cattle are delivered and the transaction matures. Based on these future delivery contracts, suppliers
can advance the transaction with banks under the supply chain financing arrangement. As of March 31, 2026, the amount related to
this transaction was US$194,137 (US$140,956 as of December 31, 2025), and this transaction has been recorded as Supplier financing
since its inception.
|