Accounting policies and determination criteria (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies And Determination Criteria

Schedule of financial assets and liabilities subject to offsetting


Thousand of Reais			2025

Assets:	Financial assets, gross	Financial assets offset in the balance sheet	Financial assets, net
Derivatives	70,667,950	(4,860,252)	65,807,698

Liabilities:	Financial liabilities, gross	Financial liabilities offset in the balance sheet	Financial liabilities, net
Derivatives	64,872,243	(4,860,252)	60,011,991

Thousand of Reais			2024

Assets:	Financial assets, gross	Financial assets offset in the balance sheet	Financial assets, net
Derivatives	42,380,547	(2,174,248)	40,206,299

Liabilities:	Financial liabilities, gross	Financial liabilities offset in the balance sheet	Financial liabilities, net
Derivatives	41,584,522	(2,174,248)	39,410,274

Schedule of lease liability restated for inflation


IGP-M forecast
Up to 3 months	1.0%
From 3 to 12 months	4.0%
From 1 year to 3 years	4.0%
From 3 years to 5 years	4.0%
Over 5 years	4.0%

Schedule of estimated average years of useful life of the different assets


						Annual Rate

Buildings for own use						4%
Furniture						10%
Fixtures						10%
Office and IT equipment						20%
Improvements on third-party properties						4% or until the contract’s expiration date