Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 181

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 181
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 50,455 - 
Lease liabilities ( 4,000 ( 3,957
Net Derivative financial instrument ( 3,353 ( 948
Net cash 496,683 633,932
Cash and liquid investments 554,491 638,837
Gross debt ( 57,808 ( 4,905
Net cash 496,683 633,932
Additionally, as part of the requirements for maintaining its financial institution license, DLocal Limited, the Group’s licensee subsidiary, is subject to a minimum capital requirement. As of December 31, 2024 and 2023, such capital requirements were fulfilled.

31.
Fair value hierarchy
The following tables show financial instruments recognized at fair value for the years ended December 31, 2024 and 2023. Fair values have been determined based on:
•
Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities.
•
Level 2: Other techniques for which all inputs that significantly impact the recorded fair value are observable, directly or indirectly.
•
Level 3: Techniques which use inputs that significantly impact the recorded fair value that are not based upon observable market data.
The table also includes financial instruments measured at amortized cost. The Group determined the book value of such instruments approximates their fair value.
December 31, 2024
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Assets
Cash and Cash Equivalents 53,490 371,682 425,172 53,490 - 
Cash and Demand deposit - 371,682 371,682 - - 
Money Market Fund and Others 53,490 - 53,490 53,490 - 
Financial Assets at Fair Value through Profit or Loss 129,319 - 129,319 129,319 - 
Other Assets 16,314 7,186 23,500 - 16,314
Trade and Other Receivables - 514,757 514,757 - - 
Derivative financial instruments (1) 2,874 - 2,874 - 2,874
201,997 893,625 1,095,622 182,809 19,188

F-51

December 31, 2024
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Liabilities
Trade and Other Payables - ( 597,787 ( 597