Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 369

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 369
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were no impacts with the initial application of this revised standard.

Amendments to IAS 7 and IFRS
7 - Statements of Financial Instruments and Cash Flows: Disclosure

The changes refer to the disclosure
of information on financial agreements with suppliers that will allow users of the Financial Statements to evaluate their effects on the
entity’s liabilities and cash flows, in addition to their exposure to the liquidity risk. The amendments are effective for annual
periods beginning on or after January 1, 2024. It was concluded that there were no impacts with the initial application of this revised
standard.

  Standards, amendments and interpretations of standards issued but not yet effective  

Amendments IAS 21 - Lack
of convertibility between currencies

Issued in August 2023, the amendments
require that useful and complete information be provided in a company's financial statements when one currency cannot be translated into
another. The standard establishes that companies adopt a uniform approach when evaluating the possibility of conversion between different
currencies. If conversion is not possible, the regulation requires the companies to determine an exchange rate to be used and to disclose
this situation appropriately. These changes are effective as of January 1, 2025 and the Group has concluded that there will be no initial
impacts with the application of this standard.

New IFRS 18 - Presentation and
Disclosure in Financial Statements

The new standard, issued in April
2024, replaces IAS 1 - Presentation of Financial Statements and introduces new requirements to improve disclosure of the financial performance
of companies, including: Three categories defined for income and expenses - operating, investments and financing - and new
defined subtotals, including operating income; Disclosure of information on company-specific indicators related to the statement of income,
called performance measures defined by management; Improved guidance on the Group of information and whether it should be provided in
the primary financial statements or in the notes; Greater transparency for operating expenses; and Specific requirements on how companies,
such as banks and insurance companies, classify revenues and expenses in the operating category. IFRS 18 will go into effect on January
1, 2027. The Group is reviewing the impacts of the new standard.

New IFRS 19 - Subsidiaries
without Public Accountability

The new standard, issued in May 2024,
allows eligible subsidiaries to use IFRS accounting standards with reduced disclosures. This will reduce the costs of preparing financial
statements for these subsidiaries, while maintaining the usefulness of