| Intangible assets |
| Schedule of intangible assets by class of assets |
|
|
|
|
| |
Rights and Concessions (1) |
Software |
Goodwill |
Total |
| Balance at December 31, 2025 |
1,750 |
751 |
22 |
2,523 |
| Cost |
1,984 |
2,134 |
22 |
4,140 |
| Accumulated amortization and impairment |
(234) |
(1,383) |
− |
(1,617) |
| Addition |
10 |
122 |
− |
132 |
| Capitalized borrowing costs |
− |
10 |
− |
10 |
| Write-offs |
− |
(1) |
− |
(1) |
| Transfers |
− |
4 |
− |
4 |
| Amortization |
(1) |
(93) |
− |
(94) |
| Translation adjustment |
109 |
48 |
1 |
158 |
| Balance at June 30, 2026 |
1,868 |
841 |
23 |
2,732 |
| Cost |
2,118 |
2,393 |
23 |
4,534 |
| Accumulated amortization and impairment |
(250) |
(1,552) |
− |
(1,802) |
| Estimated useful life in years |
Indefinite (2) |
5 |
Indefinite |
|
| |
|
|
|
|
| Balance at December 31, 2024 |
1,697 |
538 |
20 |
2,255 |
| Cost |
1,750 |
1,663 |
20 |
3,433 |
| Accumulated amortization and impairment |
(53) |
(1,125) |
− |
(1,178) |
| Addition |
7 |
106 |
− |
113 |
| Capitalized borrowing costs |
− |
5 |
− |
5 |
| Write-offs |
− |
(1) |
− |
(1) |
| Transfers |
− |
2 |
− |
2 |
| Amortization |
(2) |
(70) |
− |
(72) |
| Impairment recognition (note 20) |
(165) |
− |
− |
(165) |
| Translation adjustment |
219 |
73 |
3 |
295 |
| Balance at June 30, 2025 |
1,756 |
653 |
23 |
2,432 |
| Cost |
1,973 |
1,980 |
23 |
3,976 |
| Accumulated amortization and impairment |
(217) |
(1,327) |
− |
(1,544) |
| Estimated useful life in years |
Indefinite (2) |
5 |
Indefinite |
|
| (1) Comprises mainly signature bonuses (amounts paid in concession and production sharing contracts for oil or natural gas exploration), in addition to public service concessions, trademarks and patents and others. |
| (2) Mainly composed of assets with indefinite useful lives, which are reviewed annually to determine whether events and circumstances continue to support an indefinite useful life assessment. |
|