| Leases |
| (a) | Amounts recognized in the statement of financial
position |
The Group has operating lease contracts for
the headquarters buildings located in Porto Alegre (2024) and Campinas, as well as for the hubs and sales offices related to customer
services. In addition, the Group has leases for the use of vehicles throughout Brazil.
Right of use asset
Lease liabilities
| Schedule of lease liabilities |
|
|
|
| |
As of December 31, |
| |
2025 |
2024 |
2023 |
| Balance at end of previous year |
254,602 |
206,753 |
213,942 |
| Additions and contractual changes |
47,462 |
90,331 |
40,285 |
| Payments |
(86,097) |
(75,870) |
(69,752) |
| Interest |
32,313 |
33,388 |
22,278 |
| Balance at end of the period |
248,280 |
254,602 |
206,753 |
| (b) | Expenses recognized in the income statement |
| Schedule of expenses recognized in the income statement |
|
|
|
| |
As of December 31, |
| |
2025 |
2024 |
2023 |
| Depreciation (1) |
59,049 |
49,291 |
51,035 |
| Interest expenses (2) |
32,314 |
33,388 |
22,278 |
| Total |
91,363 |
82,679 |
73,313 |
| (1) | This amount is recorded in Depreciation
and Amortization combined income statement. |
| (2) | This amount is recorded in Other
Expenses, Net combined income statement. |
| (c) | Maturity of lease liabilities |
| Schedule of maturity of lease liabilities |
|
|
|
|
|
| |
December 31, 2025 |
| |
Less than 12 months |
1 - 3 years |
3 - 5 years |
Over 5 years |
Total |
| Lease liabilities |
83,334 |
115,219 |
45,114 |
4,613 |
248,280 |
| |
December 31, 2024 |
| |
Less than 12 months |
1 - 3 years |
3 - 5 years |
Over 5 years |
Total |
| Lease liabilities |
74,176 |
110,414 |
56,662 |
13,350 |
254,602 |
| |
|
|
|
|
|
| |
December 31, 2023 |
| |
Less than 12 months |
1 - 3 years |
3 - 5 years |
Over 5 years |
Total |
| Lease liabilities |
63,043 |
97,890 |
34,454 |
11,366 |
206,753 |
| |
|
|
|
|
|
Payments on short-term leases
Leases under short-term contracts are
not recognized as right-of-use assets, with the related expenses being recognized under “General and Administrative Expenses”
in the Income Statement. For the year ended December 31, 2025, there were R$6,180 short-term contract expenses, R$5,040 for the year ended
December 31, 2024, and R$4,677 for the year ended December 31, 2023.
|