Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 241

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 241
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co bank in the total amount of R$ 4,926,631 112.5

19 LEASES

19.1 Right of use

The balances rolled-forward are set out below:

                                                                                                    Vehicles                              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balances at December 31, 2022       3,283,156         112,553         85,756       1,623,118                     4,643       5,109,226  
  Additions/updates                     496,236         206,847        101,124                                     9,702         813,909  
  Depreciation (1)                   ( 386,436)      ( 134,587)      ( 59,448)      ( 124,890)      ( 2,346)                  ( 707,707)  
  Write-offs (2)                      ( 12,658)                                                     ( 6,139)                   ( 18,797)  
  Balances at December 31, 2023       3,380,298         184,813        127,432       1,498,228                     5,860       5,196,631  
  Additions/updates                     506,373         157,542         41,235                                    39,076         744,226  
  Depreciation (1)                   ( 408,000)      ( 167,312)      ( 54,275)      ( 124,890)      ( 2,587)                  ( 757,064)  
  Write-offs (2)                                                                                                                          
  Balances at December 31, 2024       3,475,569         175,043        114,392       1,373,338                    42,349       5,180,691  

(1) The amount of depreciation related to land is substantially reclassified to biological assets to make up the formation costs.

(2) Write-off due to cancellation of contracts.

On December 31, 2024 and 2023, the Company does not have commitments to lease agreements not yet in force.

19.2 Lease liabilities

The balance of lease payables on December 31, 2024, measured at present value and discounted at the respective discount rates are set forth below:

  Nature of agreement