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CASH AND CASH EQUIVALENTS
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
CASH AND CASH EQUIVALENTS

 

3.CASH AND CASH EQUIVALENTS

 

     
      Consolidated
  12/31/2024   12/31/2023
Cash and banks      
In Brazil  701,494   103,383
Abroad 13,318,603   10,797,192
  14,020,097   10,900,575
       
Financial investments      
In Brazil 7,688,051   4,227,916
Abroad 1,602,049   917,727
  9,290,100   5,145,643
  23,310,197   16,046,218

 

The financial resources available in the country are basically invested in private and public securities with income linked to the variation of Interbank Deposit Certificates (CDI) and repurchase and resale agreements backed by fixed income securities. The Company applies part of the resources through exclusive investment funds, whose financial statements were consolidated in the Company.

The financial resources available abroad, held in dollars and euros, are invested in private securities, in banks considered by Management as first-rate and are remunerated at pre-fixed rates.

Accounting Policy

 

Cash and cash equivalents include cash, bank deposits and other short-term investments of immediate liquidity, redeemable within 90 days of the contracting date, readily convertible into an amount known as cash and with insignificant risk of change in their market value.