Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 93

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 93
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191 |                                 -906 |
| Decrease of 0.5 percentage points          |                                         11,119 |                                10,090 |                                1,029 |
| (1) It includes liabilities held for sale. |                                                |                                       |                                      |

Accounting policy for decommissioning costs

The initial recognition of legal obligations to
remove equipment and restore land or sea areas at the end of operations occurs after the declaration of commercial feasibility of an oil
and gas field. The calculations of the cost estimates for future environmental removals and recoveries are complex and involve significant
uncertainties (as set out in note 4.6).

The estimates of decommissioning costs are reviewed annually
based on current information on expected costs and recovery plans.

When the revision of estimates results in an increase in the
provision for decommissioning costs, the counterpart is an increase in the corresponding asset. Otherwise, if it results in a reduction
in the provision, the counterpart is a reduction in the asset, which cannot exceed its book value. The excess portion is immediately recognized
in profit or loss under other operating expenses, as well as the counterpart for oil and gas production fields in the process of being
returned.

| 21. | Other Assets and Liabilities |

| Asset                                                                     |    |            | Consolidated |            | Parent Company |
|                                                                           |    | 12.31.2024 |   12.31.2023 | 12.31.2024 |     12.31.2023 |
| Escrow account and/ or collateral                                         | -a |      4,647 |        4,885 |      4,179 |          4,786 |
| Advances to suppliers                                                     | -b |     13,667 |        8,783 |     14,836 |         10,529 |
| Prepaid expenses                                                          | -c |      2,172 |        2,192 |      1,695 |          1,622 |
| Derivatives transactions                                                  | -d |        181 |          443 |        109 |            331 |
| Assets related to E&P partnerships                                        | -e |      2,342 |        1,235 |      5,545 |          4,237 |
| Others                                                                    |    |      2,078 |        1,274 |        877 |            978 |
|                                                                           |    |