| Schedule of marketable securities |
| Schedule of marketable securities |
|
|
|
|
| |
|
2025 |
|
2024 |
| |
|
|
|
|
| FUNCINE(i) |
|
26,339 |
|
15,241 |
| Fundo Soberano(ii) |
|
1,518 |
|
2,404 |
| FIC: (iii) |
|
|
|
|
| Government bonds(a) |
|
1,609,536 |
|
1,716,706 |
| CDB(b) |
|
3,583 |
|
18,897 |
| Financial bills(c) |
|
343,824 |
|
394,343 |
| Other (d) |
|
315,855 |
|
302,091 |
| |
|
2,300,655 |
|
2,449,682 |
| |
|
|
|
|
| Current portion |
|
(2,274,316) |
|
(2,434,441) |
| Non-current portion |
|
26,339 |
|
15,241 |
| i) |
Since 2017, the Company, with the aim of supporting the National Film Industry Financing Fund, as well
as using tax deductibility benefit for income tax purposes, started investing in the National Film Industry Financing Fund (FUNCINE).
The average return for the year ended December 31, 2025, was 0.17% (1.47% in 2024).
|
| (ii) |
Fundo Soberano is composed only of federal government
bonds. The average return of FICs in the year ended December 31, 2025, was 99.30% of the variation of the Interbank
Deposit Certificate - CDI (99.20% in 2024). |
| (iii) |
The Company invests in exclusive FICs (Quota Investment
Fund). Funds are mostly comprised by federal government bonds and papers from financial institutions rated as AAA (highest quality).
The average return of FICs in the year ended December 31, 2025, was 101.99% of the variation of the Interbank
Deposit Certificate - CDI (105.14% in 2024). |
| (a) |
Government bonds are fixed income financial instruments issued by the National Treasury to finance the
activities the Brazilian Federal Government. |
| (b) |
CDB operations are issued by the banks with the commitment to buy them back based on predetermined taxes. |
| (c) |
Financial bills are fixed income investments issued by financial institutions. |
| (d) |
Represented by: Debentures, FIDC (Credit Rights Investment Funds), commercial notes, promissory notes and
bank credit notes. |
|