Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 39

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 39
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                              |      9,118 |      8,010 |
| Provision for legal proceedings                             | Payments and use of provisions                              |        818 |        954 |
| Tax loss carryforwards                                      | Taxable income compensation                                 |        976 |      1,140 |
| Inventories                                                 | Sales, write-downs and losses                               |        424 |        411 |
| Employee Benefits                                           | Payments and use of provisions                              |      1,191 |      2,036 |
| Others                                                      |                                                             |        845 |        989 |
| Total                                                       |                                                             |       -548 |     -9,945 |
| Deferred tax assets                                         |                                                             |        922 |        965 |
| Deferred tax liabilities                                    |                                                             |     -1,470 |    -10,910 |

Timing of reversal of deferred income taxes

Deferred tax assets were recognized based on projections
of taxable profit in future periods supported by the assumptions within the Company’s Business Plan 2025-2029, whose pillars are
the preservation of financial strength, financial and environment resilience of projects, and focus on value creation.

Management considers that the deferred tax assets
will be realized to the extent the deferred tax liabilities are reversed and expected taxable events occur based on its Business Plan
2025-2029.

The estimated schedule of recovery/reversal of
net deferred tax assets and liabilities as of December 31, 2024 is set out in the following table:

|                                | Assets | Liabilities |
| 2025                           |    125 |        -635 |
| 2026                           |     53 |      -1,070 |
| 2027                           |     56 |        -809 |
| 2028                           |     76 |         685 |
| 2029                           |     64 |         705 |
| 2030  and thereafter           |    548 |       2,594 |
| Recognized deferred tax assets |    922 |       1,470 |

In addition, the Company has tax loss carryforwards
arising from offshore subsidiaries, for which no deferred taxes were recognized.

|                                  |            |     Assets |
|                                  | 12.31.2024 | 12.31.2023 |
| Brazil                           |          4 |        368 |
| Abroad                           |        635 |        780 |
| Unrecognized deferred tax assets |        639 |