Company: BBD
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001292814-25-003701
Chunk: 91

Company: BANK BRADESCO
Filing Date: 2025-10-30
Form: 6-K
Chunk 91
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 Statements | Notes to the Consolidated Financial Statements The Organization
applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. At
the beginning of a lease, the Organization recognizes a “lease liability” to make lease payments and right-of-use assets representing
the right to use the underlying assets. The expenses with interest on the lease liability and expenses of depreciation of the right of
use asset are recognized separately. The right of use asset is measured initially at cost value and is subsequently reduced by the accumulated
depreciation and any accumulated impairment losses, when applicable. The right of use will also be adjusted in case of remeasurement of
the lease liability. The depreciation is calculated in a linear fashion by the term of the leases. The lease term is defined as the non-cancellable
term of the lease, together with (i) periods covered by the option to extend the lease, if the lessee is reasonably certain to exercise
that option; and (ii) periods covered by the option to terminate the lease, if the lessee is reasonably certain that it will not exercise
that option. The Organization has a descriptive policy for the property lease terms, which considers the business plan and management
expectations, extension options and local laws and regulations. The lease liability is measured initially at the present value of the
lease payments that are not made from the initial date, discounted by the incremental rate applied to each contract in accordance with
the leasing term. The lease payments include fixed payments, less any lease incentives receivable, and variable lease payments that depend
on an index or a rate. Variable lease payments that do not depend on an index or a rate are recognised as expenses in the period in which
the event or condition that triggers the payment occurs. The incremental rate applied by the Organization takes into account the funding
rate free of risk adjusted by the credit spread. Subsequently, the lease liability is adjusted to reflect the interest levied on the payment
flows, re-measured to reflect any revaluation or modifications of leasing and reduced to reflect the payments made. Financial charges
are recognized as a “Interest and similar expenses” and are adjusted in accordance with the term of the contracts, considering
the incremental rate. The contracts and leases of properties with an indefinite period were not considered in the scope of CMN Resolution
No. 4,975/21, because they are leases in which the contract can be terminated at any time without a significant penalty. In this