XML 154 R124.htm IDEA: XBRL DOCUMENT v3.25.1
LOANS, FINANCING AND DEBENTURES - Breakdown by type (Details) - BRL (R$)
R$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current      
Current borrowings R$ 10,501,387 R$ 4,758,247  
Interest on financing 1,541,312 1,232,810  
Non-current funding 8,960,075 3,525,437  
Non-current      
Non-current borrowings 90,934,144 72,414,445  
Non-current funding 90,934,144 72,414,445  
Total      
Total borrowings 101,435,531 77,172,692 R$ 74,574,591
Interest on financing 1,541,312 1,232,810  
Non-current funding 99,894,219 75,939,882  
Foreign      
Current      
Current borrowings before other adjustments 9,607,427 3,603,074  
Non-current      
Non-current borrowings before other adjustments 73,397,488 57,701,599  
Total      
Borrowings, before other adjustments 83,004,915 61,304,673  
Foreign | Bonds      
Non-current      
Non-current borrowings R$ 49,166,804    
Foreign | Bonds | Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 5.00%    
Current      
Current borrowings before other adjustments R$ 3,229,641 841,625  
Non-current      
Non-current borrowings before other adjustments 49,166,804 40,122,749  
Total      
Borrowings, before other adjustments 52,396,445 40,964,374  
Foreign | Panda Bonds - CNH      
Non-current      
Non-current borrowings R$ 1,016,331    
Foreign | Panda Bonds - CNH | Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 2.80%    
Current      
Current borrowings before other adjustments R$ 4,224    
Non-current      
Non-current borrowings before other adjustments 1,016,331    
Total      
Borrowings, before other adjustments 1,020,555    
Foreign | Export credits ("export prepayment")      
Non-current      
Non-current borrowings R$ 16,283,736    
Foreign | Export credits ("export prepayment") | SOFR/Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 5.40%    
Current      
Current borrowings before other adjustments R$ 6,236,806 2,690,891  
Non-current      
Non-current borrowings before other adjustments 16,283,736 14,487,252  
Total      
Borrowings, before other adjustments 22,520,542 17,178,143  
Foreign | Assets Financing      
Non-current      
Non-current borrowings R$ 298,252    
Foreign | Assets Financing | SOFR      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 3.70%    
Current      
Current borrowings before other adjustments R$ 137,300 61,924  
Non-current      
Non-current borrowings before other adjustments 298,252 220,199  
Total      
Borrowings, before other adjustments 435,552 282,123  
Foreign | ECA - Export Credit Agency      
Non-current      
Non-current borrowings R$ 769,702    
Foreign | ECA - Export Credit Agency | SOFR      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 6.30%    
Current      
Current borrowings before other adjustments R$ 7,297  
Non-current      
Non-current borrowings before other adjustments 769,702  
Total      
Borrowings, before other adjustments 776,999  
Foreign | IFC - International Finance Corporation      
Non-current      
Non-current borrowings R$ 5,858,208    
Foreign | IFC - International Finance Corporation | SOFR      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 6.00%    
Current      
Current borrowings before other adjustments R$ (12,051) 731  
Non-current      
Non-current borrowings before other adjustments 5,858,208 2,871,399  
Total      
Borrowings, before other adjustments R$ 5,846,157 2,872,130  
Foreign | Other borrowings | Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 1.00%    
Current      
Current borrowings before other adjustments R$ 4,210 7,903  
Non-current      
Non-current borrowings before other adjustments 4,455  
Total      
Borrowings, before other adjustments 8,665 7,903  
Domestic (Brazil)      
Current      
Current borrowings before other adjustments 893,960 1,155,173  
Non-current      
Non-current borrowings before other adjustments 17,536,656 14,712,846  
Total      
Borrowings, before other adjustments 18,430,616 15,868,019  
Total borrowings R$ 101,435,531 77,172,692  
Domestic (Brazil) | Export credits ("export prepayment") | Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate    
Current      
Current borrowings before other adjustments 791,306  
Non-current      
Non-current borrowings before other adjustments  
Total      
Borrowings, before other adjustments 791,306  
Domestic (Brazil) | Assets Financing      
Non-current      
Non-current borrowings R$ 56,956    
Domestic (Brazil) | Assets Financing | CDI      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 18.10%    
Current      
Current borrowings before other adjustments R$ 18,427 17,037  
Non-current      
Non-current borrowings before other adjustments 56,956 71,235  
Total      
Borrowings, before other adjustments R$ 75,383 88,272  
Domestic (Brazil) | BNDES –UMBNDES | BNDES –UMBNDES      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 7.20%    
Current      
Current borrowings before other adjustments R$ 157    
Non-current      
Non-current borrowings before other adjustments 157,555    
Non-current borrowings 157,555    
Total      
Borrowings, before other adjustments R$ 157,712    
Domestic (Brazil) | BNDES – TJLP | TJLP      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 8.60%    
Current      
Current borrowings before other adjustments R$ 100,556 49,348  
Non-current      
Non-current borrowings before other adjustments 101,587 199,988  
Non-current borrowings 101,587    
Total      
Borrowings, before other adjustments R$ 202,143 249,336  
Domestic (Brazil) | BNDES – TLP | TLP      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 14.80%    
Current      
Current borrowings before other adjustments R$ 94,903 57,060  
Non-current      
Non-current borrowings before other adjustments 4,607,102 3,123,727  
Non-current borrowings 4,607,102    
Total      
Borrowings, before other adjustments R$ 4,702,005 3,180,787  
Domestic (Brazil) | BNDES | Fixed      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate    
Current      
Current borrowings before other adjustments 4,020  
Non-current      
Non-current borrowings before other adjustments  
Total      
Borrowings, before other adjustments 4,020  
Domestic (Brazil) | BNDES – SELIC | SELIC      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 14.50%    
Current      
Current borrowings before other adjustments R$ 243,223 65,013  
Non-current      
Non-current borrowings before other adjustments 704,825 857,419  
Non-current borrowings 704,825    
Total      
Borrowings, before other adjustments R$ 948,048 922,432  
Domestic (Brazil) | BNDES –TR | BNDES –TR      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 2.20%    
Current      
Current borrowings before other adjustments R$ 84    
Non-current      
Non-current borrowings before other adjustments 70,015    
Non-current borrowings 70,015    
Total      
Borrowings, before other adjustments 70,099    
Domestic (Brazil) | NCE ("Export Credit Notes")      
Non-current      
Non-current borrowings R$ 100,000    
Domestic (Brazil) | NCE ("Export Credit Notes") | CDI      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 18.50%    
Current      
Current borrowings before other adjustments R$ 3,027 3,114  
Non-current      
Non-current borrowings before other adjustments 100,000 100,000  
Total      
Borrowings, before other adjustments 103,027 103,114  
Domestic (Brazil) | NCR ("Rural producer certificate")      
Non-current      
Non-current borrowings R$ 2,000,000    
Domestic (Brazil) | NCR ("Rural producer certificate") | CDI      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 14.80%    
Current      
Current borrowings before other adjustments R$ 312,652 101,739  
Non-current      
Non-current borrowings before other adjustments 2,000,000 1,998,270  
Total      
Borrowings, before other adjustments 2,312,652 2,100,009  
Domestic (Brazil) | Debentures      
Non-current      
Non-current borrowings R$ 9,738,616    
Domestic (Brazil) | Debentures | CDI/IPCA      
LOANS, FINANCING AND DEBENTURES      
Annual average interest rate 15.40%    
Current      
Current borrowings before other adjustments R$ 120,931 66,536  
Non-current      
Non-current borrowings before other adjustments 9,738,616 8,362,207  
Total      
Borrowings, before other adjustments R$ 9,859,547 R$ 8,428,743