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Employee benefits (Tables)
12 Months Ended
Dec. 31, 2023
Classes of employee benefits expense [abstract]  
Employee benefits expenses
202320222021
Wages and salaries1,923,480 1,727,760 1,055,959 
Social security costs335,081 353,789 258,488 
Profit-sharing and annual cash bonus
221,289 213,942 61,629 
Share-based payments251,239 213,076 113,169 
2,731,089 2,508,567 1,489,245 
Share-based payment plans
Equity
RSUPSUOptionsTotal
Number of shares
Balance as of December 31, 20216,585,148 4,070,000 32,502 10,687,650 
Granted6,171,570 4,606,897 12,657 10,791,124 
Issued(700,092)— — (700,092)
Cancelled(549,405)(1,356,530)— (1,905,935)
Balance as of December 31, 202211,507,221 7,320,367 45,159 18,872,747 
Granted5,293,655 1,141,273 — 6,434,928 
Issued(2,149,169)— — (2,149,169)
Cancelled(2,222,150)(156,592)— (2,378,742)
Balance as of December 31, 202312,429,557 8,305,048 45,159 20,779,764 
Information about share-based payment plans he restricted shares is summarized below (amounts in R$):
RSU
Granted year
Vesting period
Weighted average fair value(a)
Weighted average remaining expected life (years)
Number of Outstanding Awards
   2018(b)
From 4 to 10 years of service
R$ 88.802.01,507,070 
2019
From 5 to 10 years of service
R$ 136.081.412,997 
2020
From 5 to 10 years of service
R$ 163.184.1180,012 
2021
From 1 to 10 years of service
R$ 348.494.91,153,100 
2022
From 1 to 10 years of service
R$ 49.562.35,659,123 
2023
From 1 to 9 years of service
R$ 52.222.83,917,255 
12,429,557 
(a) Determined based on the fair value of the equity instruments granted and the exchange rate, both at the grant date.
(b)All performance conditions related with this grant were already satisfied.
Performance share units
PSU
Granted yearVesting conditionsWeighted average fair valueVolatilityRisk-free rate
Weighted average remaining expected life (years)
Number of Outstanding Awards
2021
5 years of service and achievement of a specified TSR
R$26.74 71.8%0.82%2.42,849,000 
2022
From 2 to 5 years of service and achievement of a specified TSR
R$2.71 
76.5% to 83.3%
2.18%to 4.34%
2.74,602,578 
2023
From 1.4 to 5.3 years of service and achievement of a specified TSR
R$4.06 
73.8% to 83.4%
3.95% to 5.60%
2.9853,470 
8,305,048 
Information about Options stock options is summarized as follows (amounts in R$ and in USD):
Options
Granted year
Vesting period
Weighted average fair valueVolatility
Remaining expected life (years)
Exercisable at year endExercise priceNumber of Outstanding Awards
2018
From 5 to 10 years of service
R$ 59.5950.00 %
0.5 to 5.5
12,657 USD 24.0039,999 
2019
From 3 to 5 years of service
R$ 81.7169.80 %1.51,935 USD 30.005,160 
45,159 
Labor and social security liabilities
20232022
Accrued annual payments and related social charges435,915 398,891 
Labor liabilities and related social charges114,135 105,550 
Total labor and social security liabilities550,050 504,441 
Current515,749 468,599 
Non-current34,301 35,842