XML 43 R18.htm IDEA: XBRL DOCUMENT v3.24.1
INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2023
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

NOTE 12 — INTANGIBLE ASSETS

Intangible assets refer, substantially, to the development of software with application in business management:

Balance as of January 1, 2021

    

622,578

Foreign exchange effect

 

30,889

Acquisition

 

166,310

Amortization

 

(310,017)

Balance as of December 31, 2021

 

509,760

Foreign exchange effect

 

(18,839)

Acquisition

 

189,382

Amortization

 

(265,144)

Balance as of December 31, 2022

 

415,159

Foreign exchange effect

 

(1,153)

Acquisition

 

127,195

Disposals

(1,336)

Amortization

 

(166,155)

Balance as of December 31, 2023

 

373,710

Estimated useful lives

 

up to 7 years