Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 242

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 242
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          Average rate - % p.a. (1)      Maturity (2)                  
 ────────────────────────────────────────────────────────────────────────────────────────────
  Lands and farms                                  12.27      October/2052       3,951,880  
  Machinery and equipment                          11.19      April/2035           273,019  
  Buildings                                        10.75      May/2031             117,387  
  Ships and boats                                  11.25      February/2039      2,626,083  
  Vehicles                                         11.10      November/2028          4,546  
                                                                                 6,972,915  

(i) To determine the discount rates, quotes were obtained from financial institutions for agreements with characteristics and average terms similar to the lease agreements.

(ii) Refers to the original maturities of the agreements and, therefore, does not consider eventual renewal clauses.

  F-70  

Table of Contents

The balances rolled-forward are set out below:

                                        12/31/2024                        12/31/2023                    
  Opening balance                                          6,243,782                         6,182,530  
  Additions                                                  744,226                           813,909  
  Write-offs (2)                        ( 3,102)                                             ( 18,797)  
  Payments                                              ( 1,325,398)                      ( 1,218,399)  
  Accrual of financial charges (1)                           700,283                           664,651  
  Exchange rate variations                                   613,124                        ( 180,112)  
  Closing balance                                          6,972,915      6,243,782                     
  Current                                                    872,228                           753,399  
  Non-current                                              6,100,687                         5,490,383  

(1) On December 31, 2024, the amount of R$ 249,135 223,055

(2) Write-off due to cancellation of contracts.

The maturity schedule for future payments not discounted to present value related to lease liabilities is disclosed in Note 4.2.

19.2.1 Amounts recognized in the statement of income for the year

The amounts recognized are set out below:

                                              12/31/2024                  12/31/2023             
  Expenses relating to short-term assets                       6,477                      8,005  
  Expenses