Cash and cash equivalents

12 Months Ended

Dec. 31, 2023

Cash and cash equivalents [abstract]

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS

6.1Accounting policies

Cash and cash equivalents include cash balances, bank deposits and short-term investments with immediate liquidity, which are readily convertible into a known amount of cash with an insignificant risk of change in value. Financial investments designated as cash equivalents classified in this group are measured at fair value through profit or loss.

6.2Breakdown of cash and cash equivalents

	Weighted average rate p.a.		December, 31
Description			2023	2022
Cash and bank deposits			271,857	101,737
Cash equivalents:
Bank Deposit Certificate – CDB	100.9 % of CDI		1,354,020	352,971
Repurchase agreements	94.7 % of CDI		268,432	210,443
Time Deposit(a)	3.4	%	2,985	2,616
Others	—	%	42	581
			1,897,336	668,348

(a)Investment in U.S. dollar.