Property, plant and equipment

15 PROPERTY, PLANT AND EQUIPMENT


	Land	Buildings	Machinery, equipment and facilities	Work in progress	Other (1)	Total
Average rate %		3.28	7.46		20.69
Accumulated cost	14,859,189	10,032,317	48,456,537	17,485,109	1,491,663	92,324,815
Accumulated depreciation		(4,125,823)	(27,918,585)		(991,338)	(33,035,746)
Balances at December 31, 2023	14,859,189	5,906,494	20,537,952	17,485,109	500,325	59,289,069
Additions	697	558	415,147	7,490,762	28,904	7,936,068
Acquisition of subsidiaries	1,699,588	775	413		1,992	1,702,768
Write-offs	(10,724)	(7,455)	(118,499)		(9,324)	(146,002)
Depreciation		(366,398)	(3,214,550)		(222,993)	(3,803,941)
Transfers and other	226,598	3,988,619	16,660,035	(21,465,336)	598,162	8,078
Accumulated cost	16,775,348	13,816,631	62,822,096	3,510,535	1,806,592	98,731,202
Accumulated depreciation		(4,294,038)	(28,541,598)		(909,526)	(33,745,162)
Balances at December 31, 2024	16,775,348	9,522,593	34,280,498	3,510,535	897,066	64,986,040
Additions	3,080	17	463,423	2,943,256	14,794	3,424,570
Write-offs	(64,222)	(52,614)	(107,658)		(95,082)	(319,576)
Depreciation		(322,289)	(3,094,921)		(217,829)	(3,635,039)
Transfers and other	4,170	511,808	1,388,764	(2,028,511)	127,292	3,523
Accumulated cost	16,718,376	14,212,469	64,436,865	4,425,280	1,806,439	101,599,429
Accumulated depreciation		(4,552,954)	(31,506,759)		(1,080,198)	(37,139,911)
Balances at September 30, 2025	16,718,376	9,659,515	32,930,106	4,425,280	726,241	64,459,518

(1)Includes vehicles, furniture and utensils and computer equipment.

On September 30, 2025, the Company evaluated the business, market and climate impacts, and did not identify any event that indicated the need to perform an impairment test and to record any impairment provision for property, plant and equipment.

15.1 Items pledged as collateral

On September 30, 2025, property, plant and equipment items pledged as collateral, consisting mainly of the units of Ribas do Rio Pardo, Três Lagoas and Imperatriz are set forth below:


	Type of collateral	9/30/2025	12/31/2024
Land	Financial/Legal	24,427	24,427
Buildings	Financial	1,722,119	1,755,082
Machinery, equipment and facilities	Financial	19,450,456	20,442,189
Work in progress	Financial	500,305	427,998
Other	Financial	51,538	43,487
		21,748,845	22,693,183

15.2 Capitalized expenses

For the nine-month period ended September 30, 2025, the Company capitalized loan costs in the amount of R$205,409 (R$959,967 as of December 31, 2024). The weighted average interest rate, adjusted by the equalization of the exchange rate effects, utilized to determine the capitalized amount was 13.14% p.a. (11.17% p.a. as of December 31, 2024).

15.3 Asset Retirement Obligation (ARO)

On September 30, 2025, the Company has provisioned the amount of R$68,597 (R$65,327 as of December 31, 2024) arising asset retirement obligation of industrial landfills The corresponding liability is recorded under “Other liabilities,” segregated between current and non-current, according to the expected settlement date.