XML 36 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statement of Cash Flows - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from (used in) operating activities [abstract]      
Loss for the year R$ 1,600,420 R$ (526,396) R$ (1,377,348)
Adjustments to reconcile profit (loss) [abstract]      
Depreciation and amortization 878,181 800,326 507,369
Deferred income tax and social contribution 24,585 (153,066) (239,827)
Loss on investment in associates 4,179 3,589 10,437
Accrued interest, monetary and exchange variations, net (195,419) (382,707) (735,125)
Provision for contingencies 5,825 18,849 4,263
Share-based payments expense 251,239 213,076 113,169
Allowance for expected credit losses 160,195 88,572 71,972
Loss on disposal of property, equipment and intangible assets 66,200 25,347 136,104
Effect of applying hyperinflation accounting 3,652 3,852 2,040
Loss on sale of subsidiary 10,926 20,308 12,746
Fair value adjustment in financial instruments at FVPL 96,563 1,179,547 2,570,418
Fair value adjustment in derivatives 20,320 90,821 104,979
Remeasurement of previously held interest in subsidiary acquired 0 0 (15,848)
Others 1,168 0 0
Adjustments for working capital [abstract]      
Accounts receivable from card issuers 32,304 740,190 (2,993,411)
Receivables from related parties 20,343 12,912 1,050
Recoverable taxes 138,987 261,867 (238,127)
Prepaid expenses 41,310 152,966 (260,090)
Trade accounts receivable, banking solutions and other assets 205,105 707,521 244,181
Loans operations portfolio (312,808) 0 0
Accounts payable to clients (3,382,075) (3,633,937) 4,276,349
Taxes payable 169,827 137,825 247,399
Labor and social security liabilities 19,284 171,293 (17,388)
Payment of contingencies (34,012) (9,799) (10,180)
Trade accounts payable and other liabilities (80,024) 323,619 40,768
Interest paid (749,366) (430,398) (299,666)
Interest income received, net of costs 2,766,933 2,058,650 1,578,870
Income tax paid (116,134) (191,142) (128,202)
Net cash provided by in operating activities 1,647,708 1,683,685 3,606,902
Cash flows from (used in) investing activities [abstract]      
Purchase of property, plant and equipment (736,244) (417,733) (1,082,990)
Purchases and development of intangible assets (474,053) (305,512) (215,681)
Acquisition of subsidiary, net of cash acquired 0 (69,837) (4,737,410)
Sale of subsidiary, net of cash disposed of 0 (4,325) (36)
Proceeds from (acquisition of) short-term investments, net 181,611 (1,222,364) 5,370,958
Acquisition of equity securities 0 (15,000) (2,480,003)
Proceeds from disposal of long-term investments – equity securities 220,520 183,518 209,324
Proceeds from the disposal of non-current assets 536 27,008 100
Payment for interest in associates and subsidiaries acquired in prior periods (37,806) (46,897) (41,459)
Net cash used in investing activities (845,436) (1,871,142) (2,977,197)
Cash flows from (used in) financing activities [abstract]      
Proceeds from borrowings 5,181,619 3,499,986 11,700,297
Payment of borrowings (4,489,681) (5,009,769) (7,252,226)
Payment to FIDC quota holders (1,032,503) (1,250,000) (2,767,552)
Proceeds from FIDC quota holders 564,752 0 584,191
Payment of principal portion of lease liabilities (72,815) (99,829) (83,610)
Repurchase of own shares (292,745) 0 (988,824)
Sale of own shares 0 53,406 0
Acquisition of non-controlling interests (1,440) (325) (1,265)
Transaction with non-controlling interests 0 0 230,500
Dividends paid to non-controlling interests (5,983) (3,601) (2,967)
Cash proceeds from non-controlling interest 0 0 893
Net cash (used in) provided by financing activities (148,796) (2,810,132) 1,419,437
Effect of foreign exchange on cash and cash equivalents 10,336 14,548 (487)
Change in cash and cash equivalents 663,812 (2,983,041) 2,048,655
Cash and cash equivalents at beginning of period 1,512,604 4,495,645 2,446,990
Cash and cash equivalents at end of period 2,176,416 1,512,604 4,495,645
Change in cash and cash equivalents R$ 663,812 R$ (2,983,041) R$ 2,048,655