Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 173

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 173
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227
Financial liabilities 50,455 - 50,455
Total 675,444 ( 16,975 658,469
Gross amounts Net amounts
2023 Gross amounts set off presented
Financial assets USD USD USD
Cash and cash equivalents 536,160 - 536,160
Financial assets at FVPL 104,387 - 104,387
Trade and other receivables 385,237 ( 21,863 363,374
Derivative financial instruments 2,040 - 2,040
Other assets 11,782 - 11,782
Total 1,039,606 ( 21,863 1,017,743
Financial liabilities
Trade and other payables 624,356 ( 21,863 602,493
Lease Liabilities 3,957 - 3,957
Derivative financial instruments 948 - 948
Total 629,261 ( 21,863 607,398
The gross amount of assets and liabilities that have been offset and presented above primarily relate to trade receivables resulting from fees earned from merchants that are offset against liabilities to merchants. The Group determined these balances meet the IFRS 7 o ffsetting requirements since an enforceable legal right to offset the balances exists, and the Group intends to settle such transactions on a net basis. No arrangements with merchants that provide the Group with the right to offset exist where the offsetting criteria have not been met.

F-45

28.
Related parties
(a)
Related Party Transactions
In June 2023, Dlocal Argentina S. A. entered into a loan agreement with Dlocal Group for a total amount of USD100,000, which currently matures inAugust 2025. In August 2024, Dlocal Argentina S. A. partially repaid the intra-group loan by transferring approximately USD69,100 worth of Argentine government bonds, as detailed in note 1.2 (b) and note 16, to the subsidiary in Malta. In October 2024, Dlocal Argentina S. A. made an additional repayment of USD5,000, reducing the outstanding loan balance. Since both subsidiaries are fully consolidated, the outstanding balances have been eliminated. The primary impact on the consolidated financial statements relates to foreign exchange losses incurred by Dlocal Argentina S. A. For further detail refer to Note 11: Other Results.
Key Management compensation
The Group’s Executive Team and Director compensation was as follows:
2024