Year ended December 31,

2024

2023

2022

Other operating income

Results from sundry assets

10,529

10,960

28,161

Net rents

4,417

4,702

5,084

Reclassification of currency translation adjustment reserve

-

878

71,252

Bargain purchase gain

2,212

3,162

-

Result on sale of Venezuela awards

-

33,341

-

Other income

43,492

-

60,650

53,043

104,497

Other operating expenses

Contributions to welfare projects and non-profit organizations

(17,657

)

(15,538

)

(13,668

)

Allowance for doubtful receivables

(546

)

(107

)

(346

)

Securities Exchange Commission investigation settlement

-

(78,100

)

Provision for the ongoing litigation related to the acquisition of participation in Usiminas

(107,215

)

-

Other expense

-

(1,628

)

(12,595

)

(125,418

)

(17,273

)

(104,709

)

Other operating income and expenses, net

(64,768

)

35,770

(212

)