Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 24

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 24
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| Brazilian interbank deposit rate investment funds and other short-term deposits |      1,453 |      1,742 |
| Other investment funds                                                          |        186 |        279 |
|                                                                                 |      1,639 |      2,021 |
| - Abroad                                                                        |            |            |
| Time deposits                                                                   |        728 |      7,737 |
| Automatic investing accounts and interest checking accounts                     |        726 |      2,852 |
| Other financial investments                                                     |         42 |         14 |
|                                                                                 |      1,496 |     10,603 |
| Total short-term financial investments                                          |      3,135 |     12,624 |
| Total cash and cash equivalents                                                 |      3,271 |     12,727 |

Short-term financial investments in Brazil primarily
consist of investments in funds holding Brazilian Federal Government Bonds that can be redeemed immediately, as well as reverse repurchase
agreements that mature within three months as of the date of their acquisition. Short-term financial investments abroad comprise time
deposits that mature in three months or less from the date of their acquisition, highly-liquid automatic investment accounts, interest
checking accounts and other short-term fixed income instruments.

The main use of these funds in 2024 were for payment
of dividends and share repurchase program of US$ 18,784, repayment of principal and interests related to finance debt and repayment
of lease liability, amounting to US$ 16,349, as well as for acquisition of PP&E and intangible assets in the amount of US$ 14,644.

Cash and cash equivalents were mainly provided
by operating activities (US$ 37,984), proceeds from finance debt (US$ 2,129), proceeds from disposal of assets - divestment
(US$ 863) and financial compensation from co-participation agreements (US$ 397).

| 21 |

| INDEX |

Accounting policy for cash and cash equivalents

Cash and cash equivalents comprise cash on hand,
term deposits with banks and short-term highly-liquid financial investments that are readily convertible to known amounts of cash, are
subject to insignificant risk of changes in value and have a maturity of three months or less from the date of acquisition.

| 8.2. | Marketable securities |

|                                                              |           |        | 12.31.2024 |           |        | 12.31.2023 |
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