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Taxes (Tables)
 6 Months Ended
Jun. 30, 2024
Taxes  
Schedule of of income taxes
           
  Current assets Current liabilities Non-current liabilities
  06.30.2024 12.31.2023 06.30.2024 12.31.2023 06.30.2024 12.31.2023
Taxes in Brazil            
Income taxes 933 199 41 989 − −
Income taxes - Tax settlement programs − − 53 58 242 299
  933 199 94 1,047 242 299
Taxes abroad 155 19 279 253 − −
Total 1,088 218 373 1,300 242 299
             
Schedule of effective rate of income before income taxes
       
  Jan-Jun/2024 Jan-Jun/2023 Apr-Jun/2024 Apr-Jun/2023
Net income (loss) before income taxes 6,600 19,401 (352) 8,435
Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) (2,243) (6,597) 120 (2,868)
Adjustments to arrive at the effective tax rate:        
Tax benefits from the deduction of interest on capital distributions 508 611 508 611
Different jurisdictional tax rates for companies abroad 527 101 240 (145)
Brazilian income taxes on income of companies incorporated outside Brazil (1) (142) (196) (92) (95)
Tax incentives 9 77 (22) 34
Tax loss carryforwards (unrecognized tax losses) (2) 83 (17) 27 (12)
Non-taxable income (non-deductible expenses), net 28 4 3 (2)
Enrollment to the tax settlement program (3) (155) - (155) -
Post-employment benefits (652) (178) (531) (101)
Results of equity-accounted investments in Brazil and abroad (132) 11 (97) -
Non-incidence of income taxes on indexation (SELIC interest rate) of undue paid taxes 48 5 27 -
Others 1 7 (1) 2
Income taxes (2,120) (6,172) 27 (2,576)
Deferred income taxes 1,405 (1,485) 1,070 (813)
Current income taxes (3,525) (4,687) (1,043) (1,763)
Effective tax rate of income taxes 32.1% 31.8% 7.7% 30.5%
(1)  It relates to Brazilian income taxes on earnings of offshore investees, as established by Law No. 12,973/2014.
(2)  Petrobras recognized a tax loss and a negative basis of the CSLL of a subsidiary in the amount of US$ 53, within the scope of the incentivized self-regulation program for taxes administered by the Federal Revenue of Brazil (Law No. 14.740/23 and RFB Normative Instruction No. 2.168/23), to settle a debt amounting to US$ 112, with a US$ 59 down payment.
(3)  For the more information, see note 12.3.

 
Schedule of changes in the deferred income taxes
   
  Jan-Jun/2024 Jan-Jun/2023
Opening balance (9,945) (5,918)
Recognized in the statement of income for the period 1,405 (1,485)
Recognized in shareholders’ equity 2,499 (2,380)
Translation adjustment 1,066 (671)
Use of tax loss carryforwards (1) -
Others (3) 25
Closing balance (4,979) (10,429)
 
Schedule of composition of deferred tax assets and liabilities
     
Nature Realization basis 06.30.2024 12.31.2023
PP&E - Exploration and decommissioning costs Depreciation, amortization and write-offs of assets (5,136) (6,296)
PP&E - Impairment Amortization, impairment reversals and write-offs of assets 3,561 4,203
PP&E - Right-of-use assets Depreciation, amortization and write-offs of assets (8,210) (9,369)
PP&E - depreciation methods and capitalized borrowing costs Depreciation, amortization and write-offs of assets (17,131) (18,784)
Loans, trade and other receivables / payables and financing Payments, receipts and considerations 729 (2,479)
Leasings Appropriation of the considerations 9,336 9,240
Provision for decommissioning costs Payments and use of provisions 6,944 8,010
Provision for legal proceedings Payments and use of provisions 913 954
Tax loss carryforwards Taxable income compensation 1,085 1,140
Inventories Sales, write-downs and losses 528 411
Employee Benefits Payments and use of provisions 1,634 2,036
Others   768 989
Total   (4,979) (9,945)
Deferred tax assets   1,097 965
Deferred tax liabilities   (6,076) (10,910)
Schedule of other taxes
               
  Current assets Non-current assets Current liabilities Non-current liabilities (1)
  06.30.2024 12.31.2023 06.30.2024 12.31.2023 06.30.2024 12.31.2023 06.30.2024 12.31.2023
Taxes in Brazil                
Current / Non-current ICMS (VAT) 566 592 525 607 1,012 1,032 − −
Current / Non-current PIS and COFINS 1,090 304 2,459 2,876 536 265 130 141
Claim to recover PIS and COFINS − − 647 733 − − − −
Production taxes − − − − 1,688 2,094 118 145
Withholding income taxes − − − − 110 272 − −
Enrollment to the tax settlement program (2) − − − − 1,499 − − −
Others 49 58 328 290 365 443 81 90
Total in Brazil 1,705 954 3,959 4,506 5,210 4,106 329 376
Taxes abroad 7 6 11 10 10 60 − −
Total 1,712 960 3,970 4,516 5,220 4,166 329 376
(1)  Other non-current taxes are classified within other non-current liabilities in the statement of financial position.
(2)  For more information, see note 12.3.
Schedule of liability related to transaction
 
  06.30.2024
Enrollment to the program 3,571
Use of judicial deposits (1,197)
Use of tax credits (233)
Down payment (642)
Balance at June 30, 2024 1,499
Schedule of effects or the tax transaction in the statement of income
 
  Jan-Jun/2024
Principal and fines 1,640
Indexation to the SELIC interest rate 2,043
Total debt enrolled in the tax settlement program 3,683
PIS and COFINS tax credits after enrolling the program  (1) (538)
Use of tax loss carryforwards (240)
Indexation to the Selic interest rate of Judicial deposits and taxes over tax credits 242
Income taxes (2) (916)
Effect in the statement of income before reimbursement of partners in joint ventures 2,231
Reimbursements approved by partners in joint ventures until June 30, 2024 (208)
Income taxes (2) 62
Total effect in the statement of income 2,085
Other taxes 790
Net finance income (expense) 2,149
Income taxes (854)
Total effect in the statement of income 2,085
(1)  It arises from the debts included in the tax transaction, after discount applied, as provided for in the transaction notice, recognized as an asset in the statement of financial position, within other recoverable taxes.
(2)  Tax effects resulting from the tax transaction.