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INSURANCE
12 Months Ended
Dec. 31, 2023
INSURANCE  
INSURANCE

NOTE 28 — INSURANCE

Subsidiaries maintain insurance contracts with coverage determined by experts, taking into account the nature and degree of risk. The main insurance coverage contracted are:

Type

    

Scope

    

2023

    

2022

Assets

 

Inventories and property, plant and equipment items are insured against fire, electrical damage, explosion, machine breakage and overflow (leakage of material in fusion state).

 

108,885,132

 

102,494,125

Business Interruption

 

Net income plus fixed expenses

 

25,316,332

 

21,255,334

Civil Liability

 

Industrial operations

 

687,465

 

751,349