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Trade Accounts Receivable
12 Months Ended
Dec. 31, 2024
Text Block 1 [Abstract]  
Trade Accounts Receivable
7.
TRADE ACCOUNTS RECEIVABLE
See accounting policy in Note 2.3.3.
 
    
Note
    
12.31.2024
    
12.31.2023
 
Foreign customers
        293.8        201.7  
Accounts receivable due from related parties
     13        7.1        2.1  
Domestic customers
        34.1        27.0  
     
 
 
    
 
 
 
     
 
335.0
 
  
 
230.8
 
Expected credit losses
        (12.2      (9.8
     
 
 
    
 
 
 
     
 
322.8
 
  
 
221.0
 
     
 
 
    
 
 
 
Current
        320.8        217.6  
Non-current
        2.0        3.4  
The change in allowance for expected credit losses was as follows:
 
    
12.31.2024
    
12.31.2023
    
12.31.2022
 
Beginning balance
  
 
(9.8
  
 
(12.6
  
 
(30.7
(Additions)/Reversals
     (5.5      (1.8      1.0  
Write-off
     2.6        4.6        17.0  
Foreign exchange variation
     0.5        —         0.1  
  
 
 
    
 
 
    
 
 
 
Ending balance
  
 
(12.2
  
 
(9.8
  
 
(12.6
  
 
 
    
 
 
    
 
 
 
For additional information on measurement of expected credit losses and aging, see Note 27.1.3.