Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 373

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 373
---
 on technical merits. Further judgment is then required to determine the amount of benefit
eligible for recognition in our consolidated financial statements.

In addition, we have monitored the interpretation
of tax laws by, and decisions of, the tax authorities and Courts so that we can adjust any prior judgment of accrued income taxes. These
adjustments may also result from our own income tax planning or resolution of income tax controversies and may be material to our operating
results for any given period.

For additional information about income
tax, see Note 37 - Income tax and social contribution.

Insurance contract liabilities

Insurance contract liabilities are liabilities
constituted to honor future commitments to or on behalf of our policyholders - see Note 2(k). These commitments are based in assumptions
that are derived from the Group's portfolio experience and are periodically reviewed.

Other provisions

The provisions are regularly reviewed
and constituted, where the loss is deemed probable, taking into consideration the opinion of the Group’s legal counsel, the nature
of the lawsuit, similarity to previous lawsuits, complexity and the courts standing.

  CASH, CASH EQUIVALENTS AND BALANCES WITH BANKS  

  Cash, cash equivalents and balances with banks  

  Schedule of cash, cash equivalents and balances with banks                                                      
                                                                          R$ thousands                            
                                                                  On December 31, 2024      On December 31, 2023  
  Cash and due from banks in domestic currency                              17,384,505                14,765,830  
  Cash and due from banks in foreign currency                                2,143,785                 2,566,314  
  Reverse repurchase agreements (1) (a)                                    171,195,511               145,253,145  
  Discretionary deposits at the Central Bank                                17,300,000                24,205,291  
  Cash and cash equivalents                                                208,023,801               186,790,580  
  Compulsory deposits with the Central Bank (2)                            109,786,380               109,516,537  
  Cash, cash equivalents and balances with banks (b)                       317,810,181               296,307,117  
  Cash and balances with banks (b) - (a)                                   146,614,670               151,053,972  

  (1)      Refers to operations whose maturity on the effective investment date is equal to or less than 90 days and present an insignificant risk