Cash and cash equivalents |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||
| Notes and other explanatory information [abstract] | ||||||||||||||||||||||||||||||||||||||||||||
| Cash and cash equivalents |
Cash and cash equivalents are financial assets measured at amortized cost or at fair value through profit or loss, respectively.
The Company classifies its financial assets upon initial recognition.
Bank certificates of deposit (“CDBs”) and “Operações compromissadas” are securities issued by banks and sold to the public as a form of fund raising. Such marketable securities are highly liquid deposits that can be traded during the contracted term, at any time, without significant loss and are used for the fulfillment of short-term obligations by the Company.
The average return of CDB investments in the year ended December 31, 2025, is 100.49% (101.09% in 2024) of the variation of the Interbank Deposit Certificate - CDI. |