10 Results from equity investments

June 30, 2026

June 30, 2025

Results from equity investments

Unrealized results from FV movements

-18,273

4,948

Unrealized results from FX movements

38,947

-216,556

Net results from fair value re-measurements

20,674

-211,608

Results from sales

Realized results

64,340

55,150

Release unrealized results

-59,453

-62,658

Net results from sales

4,887

-7,508

Net results from equity investments

25,561

-219,116

Refer to Note 4.5 for details of the movements in results from equity investments.

The net result on sales represents the reversal of accumulated previously recognized unrealized fair value movements on the instruments sold and the actual realized result on sale of the instrument compared to the initial cost of the investment. Unrealized results from FX differences on non-monetary financial assets (investments in equity instruments) are a component of the change in their entire fair value. This amount is calculated using a spot-spot revaluation of the outstanding FV carrying amount on a daily basis and is presented separately.

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