| Schedule of Net Finance Expense |
| | |
Three-month period ended
March 31, | |
| | |
2026 | | |
2025 | |
| Gains / (losses) from exchange rate variation | |
| 86,125 | | |
| 51,843 | |
| Fair value adjustments on derivatives | |
| 20,064 | | |
| 20,227 | |
| Interest expense (1) | |
| (469,543 | ) | |
| (414,739 | ) |
| Interest income (2) | |
| 65,987 | | |
| 163,591 | |
| Bank fees and others | |
| (16,843 | ) | |
| (12,468 | ) |
| | |
| (314,210 | ) | |
| (191,546 | ) |
| | |
| | | |
| | |
| Financial income | |
| 172,176 | | |
| 235,660 | |
| Financial expense | |
| (486,386 | ) | |
| (427,206 | ) |
| Net finance expense | |
| (314,210 | ) | |
| (191,546 | ) |
| (1) | For the three-month period ended March 31, 2026 and 2025, the amounts of US$362,605 and US$315,204,
refers to interest expenses from loans and financings expenses. |
| (2) | For the three-month period ended March 31, 2026 and 2025, the amounts of US$34,210 and US$54,935,
respectively, refers to interest income from short investments. |
|