Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 350

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 350
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 or expenses, and the assets or liability balances of contracts indexed to a foreign currency. The Group measures its foreign exchange exposure by subtracting its non-US dollar currencies liabilities from its respective denominated assets, thus obtaining its net foreign exchange exposure and the amount affected by exchange fluctuations.

Sensitivity analysis

Interest rate sensitivity

The sensitivity analyses have been determined based on the exposure for floating rate loans at the reporting date. The analysis is prepared assuming the amount of loans outstanding at the reporting date will be outstanding until maturity.

                                                    Net risk Position                  Sensitivity to 100bps Increase      Sensitivity to 100bps decrease             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sensitivity of net profit or loss before tax                             36,061                            ( 4,911)                                          4,911  

No interest rate sensitivity was performed for December 31, 2023, as no interest-bearing liabilities were outstanding at the time.

*Refer to note 16 in these consolidated financial statements for the loans outstanding as well as the maturity date of each loan.

Currency risk

The sensitivity analysis was based on financial assets and financial liabilities exposed to currency fluctuations against the US dollar, as demonstrated below:

  As of December 31, 2024                                                                                                                                  Exchange Variation impact considering 10% change in the year end rates.  
                                                                                                              GBP (e)                                                                                                               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cash and cash equivalents                                16,381          5,801,886          38,227,167                        4,298          33,418                                                                               
  Short term investments                                    9,015          1,211,133                          —                56,336          59,009                                                                          267  
  Client funds on deposit                                                 18,612,153                          —                                18,704                                                                               
  Accounts receivable                                     280,434         10,655,062          11,129,539                      159,818         233,534                                                                               
  Projects Advance                                         15,075            957,783           1,659,138      413               3,288           7,577                                                                          431  
  Deposit/guarantee on lease agreement                                     1,187,614             149,008      514                               2,247