XML 85 R53.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Transactions with related parties (Tables)
 12 Months Ended
Dec. 31, 2023
Disclosure of transactions between related parties [abstract]  
Summary of Transactions were Carried Out with Related Parties
The following transactions were carried out with related parties:
202320222021
Sales of services
Associates (legal and administrative services)(a)
153 86 23 
Entity controlled by management personnel(b)
6 3 10 
159 89 33 
Purchases of goods and services
Entity controlled by management personnel(b)
— — (1,531)
Associates (transaction services)(c)
(3,207)(1,800)(1,119)
Service provider— — (440)
(3,207)(1,800)(3,090)
(a)Related to services provided to Trinks.
(b)Related to consulting and management services with Genova Consultoria e Participações Ltda., travel services reimbursed to Zurich Consultoria e Participações Ltda and VCK Investment Fund.
(c)Related mainly to expenses paid to Trinks, RH Software, APP and Tablet Cloud for consulting services, marketing expenses, sales commissions and software license to new customer’s acquisition.
Summary of Balances Outstanding at the End of Reporting Period
The following balances are outstanding at the end of the reporting period in relation to transactions with related parties:
20232022
Loans to associate2,512 3,932 
Receivables from related parties2,512 3,932 
Comparative balances have been revised and certain balances due by parties at December 31, 2022 were no longer considered related parties.
Summary of Compensation Expense For the years ended December 31, 2023 and 2022, compensation expense was as follows:
202320222021
Short-term benefits64,904 45,169 13,621 
Share-based payments (Note 20.4)
86,215 64,038 29,332 
151,119 109,207 42,953