v3.25.4
Foreign exchange fluctuations (net) (Tables)
12 Months Ended
Dec. 31, 2025
Foreign Exchange Fluctuations
Schedule of exchange differences
Schedule of exchange differences
Thousand of
Reais
2025
2024
2023
Revenue with Exchange Variations
510,993,772
121,821,934
104,400,557
Expenses with Exchange Variations
(521,807,828)
(120,334,255)
(103,335,390)
Total
(10,814,056)
1,487,679
1,065,167
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