LEASES (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Presentation of leases for lessee [abstract] |
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| Disclosure of quantitative information about right-of-use assets |
The balances rolled-forward are set out below: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Lands | | Machinery and equipment | | Buildings | | Ships and boats | | Vehicles | | Total | Balances at December 31, 2023 | | 3,380,298 | | | 184,813 | | | 127,432 | | | 1,498,228 | | | 5,860 | | | 5,196,631 | | Additions/updates | | 506,373 | | | 157,542 | | | 41,235 | | | | | | 39,076 | | | 744,226 | | Depreciation (1) | | (408,000) | | | (167,312) | | | (54,275) | | | (124,890) | | | (2,587) | | | (757,064) | | Write-offs (2) | | (3,102) | | | | | | | | | | | | (3,102) | | Balances at December 31, 2024 | | 3,475,569 | | | 175,043 | | | 114,392 | | | 1,373,338 | | | 42,349 | | | 5,180,691 | | Additions/updates | | 618,637 | | | 212,173 | | | 135,659 | | | 10,765 | | | | | 977,234 | | Depreciation (1) | | (441,499) | | | (200,883) | | | (58,630) | | | (122,833) | | | (1,622) | | | (825,467) | | Write-offs (2) | | (327) | | | (277) | | | (65) | | | | | | | (669) | | Balances at December 31, 2025 | | 3,652,380 | | | 186,056 | | | 191,356 | | | 1,261,270 | | | 40,727 | | | 5,331,789 | |
(1)The amount of depreciation related to land is substantially reclassified to biological assets to make up the formation costs. (2)Write-off due to cancellation of contracts.
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| Lessee, Operating Leases, Present Value Of Lease Liabilities |
The balance of lease payables on December 31, 2025, measured at present value and discounted at the respective discount rates are set forth below: | | | | | | | | | | | | | | | | | | | | | | Nature of agreement | | Average rate - % p.a. (1) | | Maturity (2) | | Present value of liabilities | Lands and farms |
| 12.62 | % | | September/2053 | | 4,173,418 | | Machinery and equipment |
| 11.65 | % | | April/2035 | | 312,782 | | Buildings |
| 11.27 | % | | February/2035 | | 191,085 | | Ships and boats |
| 11.25 | % | | February/2039 | | 2,231,092 | | Vehicles |
| 11.10 | % | | November/2028 | | 21,513 | | | | | | | | 6,929,890 | |
(i)For the determination of the discount rates, the market CDI rate obtained from the yield curve on B3’s official website was used, considering the term equivalent to the final maturity and the nature of the contracts. (ii)Refers to the original maturities of the agreements and, therefore, does not consider eventual renewal clauses.
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| Lessee, Operating Leases, Changes in Lease Liabilities |
The balances rolled-forward are set out below: | | | | | | | | | | | | | | | | | 12/31/2025 | | 12/31/2024 | Opening balance | | 6,972,915 | | | 6,243,782 | | Additions/updates | | 977,234 | | | 744,226 | | Write-offs | | (669) | | | (3,102) | | Payments | | (1,447,973) | | | (1,325,398) | | Accrual of financial charges (1) | | 733,342 | | | 700,283 | | Exchange rate variations | | (304,959) | | | 613,124 | | Closing balance | | 6,929,890 | | | 6,972,915 | | | | | | | Current | | 857,810 | | | 872,228 | | Non-current | | 6,072,080 | | | 6,100,687 | |
(1)On December 31, 2025, the amount of R$265,463 related to interest expenses on leased lands was capitalized to biological assets to represent the formation cost (R$249,135 as of December 31, 2024).
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| Lessee, Operating Leases, Expenses Recognized in Profit or Loss |
The amounts recognized are set out below: | | | | | | | | | | | | | | | | | 12/31/2025 | | 12/31/2024 | Expenses relating to short-term assets | | 3,191 | | | 6,477 | | Expenses relating to low-value assets | | 56 | | | 4,083 | | | | 3,247 | | | 10,560 | | | | | | |
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