Company: DLO
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0000950170-25-058197
Chunk: 156

Company: dLocal Ltd
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 156
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595 ( 31,924 ( 11,682
Deferred income tax 2024 2023 2022
Increase/(Decrease) in deferred income tax assets 3,150 1,757 229
(Decrease)/Increase in deferred income tax liabilities ( 1,105 739 ( 133
Total Deferred income tax benefit / (expense) 2,045 2,496 96
Income Tax expense ( 30,550 ( 29,428 ( 11,586

F-31

Deferred Tax Assets
The balance comprises temporary differences attributable to:
───────────────────────────────────────────────────────
Tax Losses 793 233 348
Accrued Liabilities 3,196 773 99
Exchange differences 333 89 - 
Other 1,045 1,193 51
Total 5,367 2,288 498
The recognized tax loss carry-forwards have a maximum expiration of 5 years.
Movements:
Tax losses Accrued liabilities
───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
At January 1, 2024 233 773 89 1,193 2,288
(Charged) / Credited to profit & loss 560 2,423 244 ( 148 3,079
At December 31, 2024 793 3,196 333 1,045 5,367
Tax losses Accrued liabilities
At January 1, 2023 348 99 - 51 498
Credited / (Charged) to profit & loss ( 115 674 89 1,142 1,790
At December 31, 2023 233 773 89 1,193 2,288
Deferred Tax Liabilities
The balance of Deferred Tax Liabilities is comprised of temporary differences attributable to:
2024 2023 2022
────────────────────────────────────────────────────────────────────────────────────
Accrued receivables 795 353 946
Other 1,063 471 206
Total 1,858 824 1,152
Movements:
At January 1, 2024 353 471 824
──────────────────────────────────────────────────────────────────────────
Credited / (charged) to profit & loss 442 592 1,034
At