XML 88 R44.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of preparation of the financial statements (Tables)
 3 Months Ended
Mar. 31, 2020
Text Block [Abstract]  
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.