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Basis of preparation of the financial statements (Tables) | 3 Months Ended
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Mar. 31, 2020
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Summary of direct and indirect interests of Company | There were no changes since December 31, 2019 in the accounting practices adopted for consolidation and in the direct and indirect interests of Company in its subsidiaries for the purposes of these unaudited interim condensed consolidated financial statements, except for the following item:
|  |  |  |  |  |  |  | % of Group’s interest (i) |
Entity name |  | Country of incorporation |  |  | Principal activities |  |  | March 31, 2020 |  |  | December 31, 2019 |
Indirectly controlled |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
XP PE Gestão de Recursos Ltda. (ii) |  |  | Brazil |  |  |  | Private equity asset management |  |  |  | 99.10 | % |  |  | — |
(i) | The percentage of participation represents the Group’s interest in total capital and voting capital of its subsidiaries.
(ii) | New operating subsidiaries incorporated in 2020.

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