Company: PBR
Filing Date: 2025-05-28
Form Type: 6-K
Source: 0001292814-25-002246
Chunk: 3

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-28
Form: 6-K
Chunk 3
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             |          126 |          180 |  -30.0 |
| Total                                                                |        1,748 |       -1,939 |      - |

Net finance (expense) income was a income of US$ 1,748
million for the period Jan-Mar/2025, an increase of US$ 3,687 million compared to an expense of US$ 1,939 million for the period
Jan-Mar/2024, mainly due to a foreign exchange gain of US$ 3,077 million in Jan-Mar/2025, as compared to a US$ 912 million loss
in Jan-Mar/2024 reflecting a 7.3% appreciation of the real/US$ exchange rate in Jan-Mar/2025 (03/31/2025: R$ 5.74/US$, 12/31/2024:
R$ 6.19/US$) compared to a 3.2% depreciation in Jan-Mar/2024 (03/31/2024: R$ 5.00/US$, 12/31/2023: R$ 4.84/US$).

Income taxes

Income tax was an expense of US$ 3,111 million in
Jan-Mar/2025, compared to an expense of US$ 2,147 million in Jan-Mar/2024. The increase was mainly due to higher net income before
income taxes (US$ 9,106 million of income in Jan-Mar/2025 compared to a US$ 6,952 million income in Jan-Mar/2024), resulting
in nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) of US$ 3,096 million in Jan-Mar/2025 compared
to a US$ 2,363 million in Jan-Mar/2024.

Net Income attributable to shareholders of Petrobras

Net income attributable to shareholders of Petrobras
was US$ 5,974 million for the period Jan-Mar/2025, a US$ 1,192 million increase compared to a net income attributable to shareholders
of Petrobras of US$ 4,782 million for the period Jan-Mar/2024, as explained above, mainly due to higher net finance income (US$ 1,748
million of income in Jan-Mar/2025 compared to US$ 1,939 million of expenses in Jan-Mar/2024) and lower expenses (US$ 3,112 million
of expenses