Havanna Holding Balance Sheet

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,472	961.51	2,231	583.35	100.88	77.48
Short-Term Investments	12,768	4,189	626.17	438.96	0	0.01
Cash & Short-Term Investments	14,240	5,151	2,857	1,022	100.88	77.49
Cash Growth	323.32%	80.26%	179.51%	913.40%	30.18%	56.96%
Accounts Receivable	14,494	14,832	10,258	3,517	1,545	590.67
Other Receivables	1,247	1,172	898.65	186.73	69.93	78.63
Receivables	15,741	16,004	11,157	3,704	1,615	669.3
Inventory	19,134	14,232	11,018	4,630	1,045	527.19
Prepaid Expenses	560.38	467.39	328.65	189.7	27.69	14.41
Other Current Assets	1,670	472.08	316.84	90.21	401.92	241.31
Total Current Assets	51,346	36,326	25,678	9,636	3,190	1,530
Property, Plant & Equipment	48,670	37,237	31,633	11,915	3,401	1,920
Long-Term Investments	1,685	1,661	2,015	-	-	-
Goodwill	30,582	25,074	25,074	11,514	3,698	1,898
Other Intangible Assets	230.21	260.12	331.4	155.76	48.91	21.93
Other Long-Term Assets	1,364	904.73	747.24	801.82	137.18	49.43
Total Assets	133,877	101,464	85,478	34,024	10,474	5,419
Accounts Payable	9,539	9,851	6,116	2,381	963.74	454.52
Accrued Expenses	7,254	7,096	5,471	2,286	906.78	461.04
Short-Term Debt	-	-	-	259.16	650.57	875.28
Current Portion of Long-Term Debt	9,936	18,418	7,777	2,955	2,105	1,202
Current Portion of Leases	3,237	2,496	1,248	622.88	121.81	42.84
Current Income Taxes Payable	944.21	2,730	3,996	2,748	308.38	-
Other Current Liabilities	1,443	1,655	1,700	373.55	80.98	37.6
Total Current Liabilities	32,353	42,246	26,308	11,625	5,137	3,073
Long-Term Debt	32,183	4,500	1,093	64.95	217.71	328.75
Long-Term Leases	2,949	2,418	264.93	600.4	74.43	50.66
Long-Term Deferred Tax Liabilities	7,961	6,469	7,153	2,737	911.21	288.35
Other Long-Term Liabilities	1,394	1,436	1,056	162.2	31.98	24.61
Total Liabilities	76,840	57,069	35,875	15,190	6,372	3,765
Common Stock	46.98	46.98	46.98	46.98	46.98	46.98
Additional Paid-In Capital	149.79	149.79	149.79	149.79	149.79	149.79
Retained Earnings	28,910	21,557	25,641	8,409	777.73	-71.8
Comprehensive Income & Other	25,354	20,626	21,521	9,376	2,891	1,417
Total Common Equity	54,460	42,380	47,358	17,982	3,865	1,542
Minority Interest	2,577	2,014	2,245	852.3	236.59	111.85
Shareholders' Equity	57,037	44,395	49,603	18,834	4,102	1,653
Total Liabilities & Equity	133,877	101,464	85,478	34,024	10,474	5,419
Total Debt	48,305	27,832	10,383	4,503	3,169	2,499
Net Cash (Debt)	-34,065	-22,681	-7,526	-3,480	-3,069	-2,422
Net Cash Per Share	-725.14	-482.82	-160.21	-74.09	-65.32	-51.55
Filing Date Shares Outstanding	46.98	46.98	46.98	46.98	46.98	46.98
Total Common Shares Outstanding	46.98	46.98	46.98	46.98	46.98	46.98
Working Capital	18,993	-5,920	-629.88	-1,989	-1,947	-1,543
Book Value Per Share	1159.32	902.17	1008.13	382.78	82.28	32.82
Tangible Book Value	23,648	17,046	21,952	6,311	118.75	-378.51
Tangible Book Value Per Share	503.40	362.86	467.31	134.35	2.53	-8.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.