XML 140 R64.htm IDEA: XBRL DOCUMENT v3.25.1
Deferred taxes and contributions (Tables)
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Schedule of deferred taxes
   
 

December 31, 2024

December 31, 2023 (Reclassified)

Deferred tax assets    
Provisions 839,864 666,131
Pension plan obligations - G1 plan 125,198 135,231
Donations of underlying assets on concession agreements 43,321 45,140
Credit losses 177,271 182,519
Estimated losses with other accounts receivable 50,515 54,905
Estimated losses with inventory losses 127,840 74,939
Estimated losses with works and projects 57,606 1,839
Estimated losses with the write-off of assets 42,812 8,930
Performance agreements 74,670 62,517
PVA - accounts receivable 100,913 102,216
Loss – hedge (other comprehensive income) 4,302 -
Derivative financial instruments in profit/loss 3,297 -
Other

75,644

77,421

Total deferred tax asset

1,723,253

1,411,788

     
Deferred tax liabilities    
Temporary difference in the concession of intangible asset (314,641) (329,060)
Capitalization of borrowing costs (461,362) (465,510)
Profit on supply to government entities (334,477) (348,514)
Financial asset (indemnity) (3,111,446) -
Actuarial gain – G1 Plan (125,096) (121,425)
Construction margin (37,842) (40,579)
Borrowing costs

(280)

(8,624)

Total deferred tax liabilities

(4,385,144)

(1,313,712)

     
Deferred tax asset (liability), net

(2,661,891)

98,076
Schedule of realization
   
 

December 31, 2024

December 31, 2023

Deferred tax assets    
to be realized in up to 12 months 530,104 366,525
to be realized after one year

1,193,149

1,045,263

Total deferred tax asset 1,723,253 1,411,788
Deferred tax liabilities    
to be realized in up to 12 months (25,563) (36,074)
to be realized after one year (*)

(4,359,581)

(1,277,638)

Total deferred tax liabilities

(4,385,144)

(1,313,712)

Deferred tax asset/(liability)

(2,661,891)

98,076

 

(*) The amount of R$ 3,111,446, related to the financial asset, will be realized after 2060.
Schedule of changes
     
Deferred tax assets

December 31, 2023 (Reclassified)*

Net change

December 31, 2024

Provisions 666,131 173,733 839,864
Pension plan obligations - G1 plan 135,231 (10,033) 125,198
Donations of underlying assets on concession agreements 45,140 (1,819) 43,321
Credit losses 182,519 (5,248) 177,271
Estimated losses with other accounts receivable 54,905 (4,390) 50,515
Estimated losses with inventory losses 74,939 52,901 127,840
Estimated losses with works and projects 1,839 55,767 57,606
Estimated losses with the write-off of assets 8,930 33,882 42,812
Performance agreements 62,517 12,153 74,670
PVA - accounts receivable 102,216 (1,303) 100,913
Loss – hedge (Other comprehensive income) - 4,302 4,302
Derivative financial instruments in profit/loss - 3,297 3,297
Other

77,421

(1,777)

75,644

Total

1,411,788

311,465

1,723,253

       
Deferred tax liabilities      
Temporary difference in the concession of intangible asset (329,060) 14,419 (314,641)
Capitalization of borrowing costs (465,510) 4,148 (461,362)
Profit on supply to government entities (348,514) 14,037 (334,477)
Financial asset (indemnity) - (3,111,446) (3,111,446)
Actuarial gain – G1 Plan (121,425) (3,671) (125,096)
Construction margin (40,579) 2,737 (37,842)
Borrowing costs

(8,624)

8,344

(280)

Total deferred tax liabilities

(1,313,712)

(3,071,432)

(4,385,144)

Deferred tax asset/(liability)

98,076

(2,759,967)

(2,661,891)

 

Deferred tax assets

December 31, 2022 (Reclassified)

Net change

December 31, 2023 (Reclassified)

Provisions 560,404 105,727 666,131
Pension plan obligations – G1 plan 141,606 (6,375) 135,231
Donations of underlying assets on concession agreements 46,088 (948) 45,140
Credit losses 199,363 (16,844) 182,519
Estimated losses with other accounts receivable 47,629 7,276 54,905
Estimated losses with inventory losses 63,718 11,221 74,939
Estimated losses with works and projects 1,839 - 1,839
Estimated losses with the write-off of assets 8,930 - 8,930
Performance agreements - 62,517 62,517
PVA - accounts receivable 95,626 6,590 102,216
Other

(45,944)

123,365

77,421

Total

1,119,259

292,529

1,411,788

       
Deferred tax liabilities      
Temporary difference in the concession of intangible asset (353,817) 24,757 (329,060)
Capitalization of borrowing costs (457,669) (7,841) (465,510)
Profit on supply to government entities (346,650) (1,864) (348,514)
Actuarial gain – G1 (93,561) (27,864) (121,425)
Construction margin (43,323) 2,744 (40,579)
Borrowing costs

(13,517)

4,893

(8,624)

Total

(1,308,537)

(5,175)

(1,313,712)

       
Deferred tax asset/(liability)

(189,278)

287,354

98,076

 

Deferred tax assets

December 31, 2021

(Reclassified)

Net change

December 31, 2022

(Reclassified)

Provisions 503,374 57,030 560,404
Pension plan obligations - G1 150,577 (8,971) 141,606
Donations of underlying assets on concession agreements 47,589 (1,501) 46,088
Credit losses 183,963 15,400 199,363
Estimated losses with other accounts receivable 36,876 10,753 47,629
Estimated losses with inventory losses 57,197 6,521 63,718
Estimated losses with works and projects 1,334 505 1,839
Estimated losses with the write-off of assets 14,018 (5,088) 8,930
PVA - accounts receivable 35,821 59,805 95,626
Other

(18,154)

(27,790)

(45,944)

Total

1,012,595

106,664

1,119,259

       
Deferred tax liabilities      
Temporary difference in the concession of intangible asset (368,235) 14,418 (353,817)
Capitalization of borrowing costs (404,931) (52,738) (457,669)
Profit on supply to government entities (353,262) 6,612 (346,650)
Actuarial gain – G1 (109,271) 15,710 (93,561)
Construction margin (46,079) 2,756 (43,323)
Borrowing costs

(14,556)

1,039

(13,517)

Total

(1,296,334)

(12,203)

(1,308,537)

       
Deferred tax liability, net

(283,739)

94,461

(189,278)

 

(*) The 2022 and 2023 financial years were reclassified due to the breakdown of the amounts recorded in “other”.

 

       
 

December 31,

2024

December 31,

2023

December 31,

2022

       
Opening balance 98,076 (189,278) (283,739)
Net change in the year:      
 - corresponding entry to the income statement (2,756,296) 315,218 78,751
 - corresponding entry to valuation adjustments to equity (Note 22)

(3,671)

(27,864)

15,710

       
Total net change

(2,759,967)

287,354

94,461

Closing balance (2,661,891) 98,076 (189,278)
Schedule of reconciliation of the effective tax rate
     
 

December 31, 2024

December 31, 2023

December 31, 2022

       
Profit before income taxes 13,642,808 4,753,984 4,272,750
Statutory rate

34%

34%

34%

       
Estimated expense at the statutory rate (4,638,555) (1,616,355) (1,452,735)
Tax benefit of interest on equity 672,796 329,017 284,920
Permanent differences      
Provision – Law 4,819/1958 – G0 (23,721) (38,245) (26,786)
Donations (21,591) (7,046) (16,588)
Tax incentives 52,892 62,510 -
Agreement with AAPS (77,471) - -
Other differences

(27,595)

39,666

59,706

       
Income tax and social contribution

(4,063,245)

(1,230,453)

(1,151,483)

       
Current income tax and social contribution (1,302,648) (1,545,671) (1,230,234)
Deferred income tax and social contribution (2,760,597) 315,218 78,751
Effective rate 30% 26% 27%