Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 250

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 5
Chunk 250
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5.B.90 Capital expenditures
 In the past three years, we have made, and expect to continue to make, significant capital expenditures related to improvements and innovations in technology that are designed to maintain and expand our technology infrastructure, in order to increase our productivity, accessibility, cost efficiency and our reputation as a leader in technological innovation in the financial services sector. We have made significant capital expenditures for systems development, data processing equipment and other technology designed to further these goals. These expenditures are for systems and technology for use both in our own operations and by our clients.
 The following table shows our capital expenditures accounted for as fixed assets in the periods shown:
  
162 – Form 20-F 2024 | Bradesco
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                                                           R$ in thousands         
-----------------------------------------------------------------------------------
2024                                                   2023        2022
Infrastructure                                                                     
Land and buildings                                   13,529     245,687      14,657
Installations, properties and equipment for use     724,544     765,111     694,890
Security and communication systems                   29,046      44,255      18,299
Transportation systems                               32,794      16,428      24,548
Subtotal                                            799,913   1,071,481     752,394
Information Technology                                                             
Data processing systems                           4,579,496   4,681,723   5,164,110
Financial leases of data processing systems         873,050     541,470     828,869
Subtotal                                          5,452,546   5,223,193   5,992,979
Total                                             6,252,459   6,294,674   6,745,373
 
We believe that capital expenditures in 2025 and 2026 will not be substantially greater than historical expenditure levels and anticipate that, in accordance with our practice during recent years, our capital expenditures in 2025 and 2026 will be funded from our own resources. No assurance can be given that the capital expenditures will be made and, if made, that such expenditures may not be made in the amounts currently expected.
 
5.C. Research and Development, Patents and Licenses
 Not applicable.
 
5.D. Trend Information
 Our future results of operations, liquidity and capital resources may be influenced by a certain of factors, including:
 
·            the Brazilian economic environment (please see “Item 3