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CASH AND CASH EQUIVALENTS AND INVESTMENT SECURITIES (Tables) | 12 Months Ended
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Dec. 31, 2025
Notes and other explanatory information [abstract] |
Schedule of components in cash and cash equivalents |
Schedule of components in cash and cash equivalents |  |
| 2025 | 2024
Short-term bank deposits (i) | 10,780.5 | 16,977.6
Current bank accounts | 7,824.3 | 11,395.4
Cash | 33.4 | 222.7
Cash and cash equivalents | 18,638.2 | 28,595.7
Net cash and cash equivalents | 18,638.2 | 28,595.7
(i) |  | The balance refers mostly to Bank Deposit Certificates (“CDBs”), with high have liquidity, are readily convertible into known amounts of cash, and are subject to an insignificant risk of changes in value.
Schedule of investment securities |
Schedule of investment securities |  |
Investment securities | 2025 | 2024
Investments in debt securities (i) | 123.3 | 184.5
Non-current assets | 123.3 | 184.5
Financial assets at fair value through profit or loss | 1,667.4 | 1,170.5
Investments in debt securities (i) | 14.3 | 71.5
Current assets | 1,681.7 | 1,242.0
Total | 1,805.0 | 1,426.5
(i) |  | The balance refers substantially to financial investments linked to tax incentives that are not immediately convertible into a known amount of cash.

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