Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 154

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 154
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19,809
of salaries, wages and contract fees were capitalized (USD
16,694
in 2023
and USD
11,357
in 2022).
(ii)
Represents compensation expenses stemming from share-based arrangements settled in the Group’s common shares. For further information refer to Note 2.11: Share-based payments and warrants contracts.

10.
Amortization and Depreciation
Amortization and depreciation expenses are composed of the following:
2024 2023 2022
──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Amortization of intangible assets (Note 20) 15,511 10,816 6,891
Right-of-use asset amortization (Note 19) 421 627 518
Depreciation of Property, plant & equipment (Note 18) 1,245 782 738
Total 17,177 12,225 8,147

F-30

For further information related to amortization of intangible assets refer t o Note 20: Intangible Assets.

11.
Other results
Other results consist of the following categories:
2024 2023 2022
─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Interest Income from Financial Instruments (i) 28,266 49,588 18,114
Fair value gains / (losses) of financial assets at FVPL (i) 38,609 78,640 ( 36
Finance income 66,875 128,228 18,078
2024 2023 2022
Finance expense related to derivative financial instruments (ii) ( 19,462 ( 28,013 ( 18,763
Other finance expenses (iii) ( 29,738 ( 88,243 ( 5,728
Interest charges for lease liabilities (iv) ( 501 ( 578 ( 177
Finance costs ( 49,701 ( 116,834 ( 24,668
Inflation adjustment (v) ( 6,655 ( 12,537 ( 1,037
Total 10,519 ( 1,143 ( 7,627
(i)
Includes financial income and gains resulting from the remeasurement of short-term liquid financial instruments and financial assets measured at fair value through profit and loss. For further detail refer to Note 15: Financial assets at fair value