Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 311

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 311
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 430)                             ( 99)       ( 79)             ( 3,332)                 
  (-) Right-of-use assets (a)                     ( 4,469)                      ( 2,405)                            ( 200)      ( 201)             ( 2,833)                 
  Total - Accumulated depreciation                              ( 11,671)       ( 3,825)                            ( 423)      ( 365)                           ( 11,842)  
  Property and equipment, net                                      13,408                                              539      ( 385)                              24,627  

(*) CTA - Cumulative translation adjustment

As of December 31, 2024, 2023 and 2022, there was no indication that any of these assets were impaired.

(a) The Group is a lessee in lease agreements for which the underlying assets are the office spaces located in different jurisdictions (refer to note 21 (a)).

(b) The following is a breakdown of the total Property and equipment assets by region:

                                2024                  2023              
 ────────────────────────────────────────────────────────────────────────
  Brazil                                   8,726                 9,481  
  Cayman Islands                           5,331                 3,877  
  Chile                                    5,888                 7,702  
  Colombia                                 2,595                 1,144  
  United Kingdom                           6,654                 1,754  
  United States of America                 3,166                 3,689  
  Other                          262                   538              
  Balance                                 32,622                28,185  

Property and equipment assets are allocated based on where the assets are located, and include leasehold improvements, and right-of-use lease assets.

  Patria Investments Limited      F-38  

  Table of Contents  

  Notes to the consolidated financial statements                                             
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  
  (Amounts in thousands of United States dollars - US$, except where otherwise stated)       
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14Intangible assets and goodwill

  Changes in costs                                    Opening                       Additions                                   CTA (*)                  
                                                      balance                                                                                            
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