Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 75

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 75
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 Accumulated depreciation and impairment         |    -4,712 |  -9,216 |       -750 | -14,678 |
| Without contractual readjustment clauses        |         − |  -7,490 |       -120 |  -7,610 |
| With contractual readjustment clauses  - Brazil |    -4,712 |    -731 |          − |  -5,443 |
| With contractual readjustment clauses – abroad  |         − |    -996 |       -629 |  -1,625 |
| Balance at December 31, 2024                    |    17,772 |   8,326 |      1,590 |  27,688 |
| Cost                                            |    23,859 |  18,000 |      2,970 |  44,829 |
| Accumulated depreciation and impairment         |    -4,803 |  -8,796 |       -850 | -14,449 |
| Without contractual readjustment clauses        |         − |  -7,103 |       -168 |  -7,271 |
| With contractual readjustment clauses  - Brazil |    -4,803 |    -225 |          − |  -5,028 |
| With contractual readjustment clauses – abroad  |         − |  -1,468 |       -682 |  -2,150 |
| Balance at December 31, 2023                    |    19,056 |   9,204 |      2,120 |  30,380 |

| 68 |

| INDEX |

Accounting policy for property, plant and equipment

Property, plant and equipment are measured at the
cost of acquisition or construction, including all costs necessary to bring the asset to working condition for its intended use and the
estimated cost of dismantling and removing the asset and restoring the site, reduced by accumulated depreciation and impairment losses.

A condition for continuing to operate certain items
of property, plant and equipment, such as industrial plants, offshore plants and vessels is the performance of regular major inspections
and maintenance. Those expenditures are capitalized if a maintenance campaign is expected to occur, at least, 12 months later. Otherwise,
they are expensed when incurred. The capitalized costs are depreciated over the period through the next major maintenance date.

Spare parts are capitalized when they are expected
to be used during more than one period and can only be used in connection with