Provision for asset retirement obligation

12 Months Ended

Dec. 31, 2022

Disclosure of other provisions [abstract]

Provision for asset retirement obligation

22 Provision for asset retirement obligation

This provision corresponds to the legal obligation to remove the subsidiary IPP’s underground fuel tanks located at Ipiranga-branded service stations after a certain period of use.

Changes in the provision for asset retirement obligation are as follows:

Balance as of December 31, 2019	51,242
Additions (new tanks)	163
Expenditure with tanks removed	(4,306	)
Accretion expense	6,336
Balance as of December 31, 2020	53,435
Additions (new tanks)	451
Expenditure with tanks removed	(2,773	)
Accretion expense	5,598
Balance as of December 31, 2021	56,711
Additions (new tanks)	158
Expenditure with tanks removed	(9,528	)
Accretion expense	4,417
Balance as of December 31, 2022	51,758
Current	5,063
Non-current	46,695