Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 120

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 120
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           |     1,525 |                  7,280 |                  2,973 |            267 |     1,523 |                  6,467 |                  1,701 |          8,183 |
| Non-controlling interests      |        38 |                  1,843 |                      − |            559 |        35 |                  1,654 |                      − |           -589 |
|                                |     6,409 |                 13,704 |                  3,702 |        107,301 |     5,654 |                 11,941 |                  2,292 |         96,086 |
| Sales revenues                 |     4,235 |                  6,059 |                    805 |         77,772 |     5,177 |                  4,530 |                      − |         70,922 |
| Net income (loss) of the year  |      -135 |                  2,592 |                  1,123 |        -11,423 |        26 |                  2,039 |                    105 |         -4,242 |
| Participation - %              | 20 to 50% |                    20% |              34 to 45% |    20 to 38.8% | 20 to 50% |                    20% |              34 to 45% |  18.8 to 38.8% |

(1) It is mainly composed of Braskem.

Accounting policy for investments

Basis of consolidation

The consolidated financial statements include the financial
information of Petrobras and the entities it controls (subsidiaries), joint operations (at the level of interest the Company has in them)
and consolidated structured entities.

Intragroup balances and transactions, including unrealized
profits arising from intragroup transactions, are eliminated in the consolidation of the financial statements.

Investments in other companies

In the individual financial statements, investments in subsidiaries,
associates, joint ventures and non-profit associations are accounted for by the equity method. In joint operations, only those established
through a vehicle entity with its own legal personality are accounted for by the equity method. For other joint operations, the company
recognizes its assets and liabilities, as well as its respective revenues and expenses.

In the consolidated financial statements, investments in associates
and jointly controlled ventures are accounted for by the equity method.

Business combination

A business combination