Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 164

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 164
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Local maintained no potential voting rights or significant influence over the borrower. The loan is classified and measured at fair value through profit or loss (FVPL) in accordance with IFRS 9.

F-37

18.
Property, Plant and Equipment
Property, Plant and Equipment of the Group correspond to computer equipment and building improvements that are stated at cost less accumulated depreciation.
2024 2023
Computer Building improvements Total Computer Building improvements Total
Equipment Equipment
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Cost 3,775 1,257 5,032 2,810 1,257 4,067
Accumulated depreciation ( 1,771) ( 344) ( 2,115) ( 1,115) ( 218) ( 1,333)
Opening book value, January 1 2,004 913 2,917 1,695 1,039 2,734
Additions 2,779 - 2,779 1,088 - 1,088
Disposals ( 1,074) - ( 1,074) ( 123) - ( 123)
Depreciation of the year ( 1,119) ( 126) ( 1,245) ( 656) ( 126) ( 782)
Total as of December 31 2,590 787 3,377 2,004 913 2,917
Cost 5,480 1,257 6,737 3,775 1,257 5,032
Accumulated depreciation ( 2,890) ( 470) ( 3,360) ( 1,771) ( 344) ( 2,115)
The Group did no t impair Property, Plant and Equipment during2024 and 2023, no r did it reverse any previously recognized impairment losses. Additionally, the Group did not have commitments to purchase any property, plant and equipment at year end.

For further details on accounting policies refer to Note 2.7: Property, plant and equipment.

19.
Leases
The Group’s lease contracts refer to the use of explicitly defined office facilities in different countries, where it obtains substantially all of the economic benefits and has the right to direct the use of such offices.
(a)
Amounts recognized in the Consolidated Statements of Financial Position
2024 2023
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