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Leases
 6 Months Ended
Jun. 30, 2025
Presentation of leases for lessee [abstract]  
Disclosure of leases [text block]
19 LEASES
19.1 Right of use
The balances rolled-forward are set out below:
 Lands Machinery and equipment BuildingsShips and boatsVehicles Total
Balances at December 31, 20233,380,298 184,813 127,432 1,498,228 5,860 5,196,631 
Additions/updates506,373 157,542 41,235  39,076 744,226 
Depreciation (1)
(408,000)(167,312)(54,275)(124,890)(2,587)(757,064)
Write-offs (2)
(3,102) (3,102)
Balances at December 31, 20243,475,569 175,043 114,392 1,373,338 42,349 5,180,691 
Additions/updates380,034 39,236 68,633 487,903 
Depreciation (1)
(214,881)(70,313)(28,110)(62,445)(6,782)(382,531)
Balances at June 30, 20253,640,722 143,966 154,915 1,310,893 35,567 5,286,063 
(1)The amount of depreciation related to land is substantially reclassified to biological assets to make up the formation costs.
(2)Write-off due to cancellation of contracts.
On June 30, 2025, the Company does not have commitments to lease agreements not yet in force.
19.2 Lease liabilities
The balance of lease payables on June 30, 2025, measured at present value and discounted at the respective discount rates are set forth below:
Nature of agreement
Average rate - % p.a. (1)
Maturity (2)
Present value of liabilities
Lands and farms

12.62 April/20534,120,231 
Machinery and equipment

11.65 April/2035232,851 
Buildings

11.27 March/2031137,989 
Ships and boats

11.25 February/20392,258,061 
Vehicles

11.10 November/202838,865 
6,787,997 
(1)To determine the discount rates, quotes were obtained from financial institutions for agreements with characteristics and average terms similar to the lease agreements.
(2)Refers to the original maturities of the agreements and, therefore, does not consider eventual renewal clauses.
The balances rolled-forward are set out below:
06/30/202512/31/2024
Opening balance6,972,915 6,243,782 
Additions487,903 744,226 
Write-offs (2)
 (3,102)
Payments(713,779)(1,325,398)
Accrual of financial charges (1)
363,441 700,283 
Exchange rate variations(322,483)613,124 
Closing balance6,787,997 6,972,915 
Current838,023 872,228 
Non-current5,949,974 6,100,687 
(1)On June 30, 2025, the amount of R$133,133 related to interest expenses on leased lands was capitalized to biological assets to represent the formation cost (R$223,055 as of December 31, 2024).
(2)Write-off due to cancellation of contracts.
The maturity schedule for future payments not discounted to present value related to lease liabilities is disclosed in Note 4.2.
19.2.1 Amounts recognized in the statement of income for the period
The amounts recognized are set out below:
06/30/202506/30/2024
Expenses relating to short-term assets1,589 2,578 
Expenses relating to low-value assets34 1,376 
1,623 3,954