Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 180

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 180
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Total non-derivatives 648,650 410 825 3,033 652,918 652,242
Derivatives
Derivative financial instruments 6,227 - - - 6,227 6,227
Total derivatives 6,227 - - - 6,227 6,227
Contractual maturities of financial liabilities 31 December, 2023
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Non-derivatives
Trade and other payables 602,493 - - - 602,493 602,493
Leases liabilities 217 409 584 3,017 4,227 3,957
Total non-derivatives 602,710 409 584 3,017 606,720 606,450
Derivatives
Derivative financial instruments 948 - - - 948 948
Total derivatives 948 - - - 948 948
(e)
Fraud Risk

F-50

The Group’s transactions are susceptible to a fraudulent or improper sale and processes are used to mitigate fraud risk. Such processes rely on ‘dLocal Defense’, a local data-driven prevention program designed to maximize fraud detection and minimize false positives. This process reviews and validates transactions at the time of authorization using external tools that are reviewed on a periodic basis.
In addition, the Group has implemented an additional process to prevent fraud through chargebacks and disputes.
(f)
Capital Management
The Board’s policy is to maintain a strong capital base to maintain investor, creditor and market confidence, and to sustain future development of the business. The Board’s objectives are to safeguard the Group’s ability to continue as a going concern, to continue to provide returns to the Group’s shareholders, and benefit other stakeholder groups, and to maintain an optimal capital structure to reduce the Group’s cost of capital. To maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce the Group’s borrowings. The Board monitors returns on capital as well as the level of dividends distributed to ordinary shareholders.
The Group monitors capital using Net Cash/Debt. Net Cash is composed as follow:
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Cash and cash equivalents 425,172 536,160
Financial assets at fair value through profit or loss 129,319 102,677
Financial liabilities (