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TRADE PAYABLES | 12 Months Ended
--- | ---
Dec. 31, 2023
Trade Payables |
TRADE PAYABLES |
| 16. | TRADE PAYABLES
Schedule of trade payables |  |  |
|  |  | Consolidated
| 12/31/2023 |  | 12/31/2022
Trade payables | 7,867,431 |  | 6,723,077
(-) Adjustment present value | (96,851) |  | (79,893)
| 7,770,580 |  | 6,643,184
Classified: |  |  |
Current | 7,739,520 |  | 6,596,915
Non-current | 31,060 |  | 46,269
| 7,770,580 |  | 6,643,184
Accounting Policy
They are initially recognized at fair value, and subsequently measured at amortized cost, using the effective interest rate method and adjusted to present value when applicable, based on the estimated rate of the Company's cost of capital.

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