Vale S.A. Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7,364	4,959	3,601	4,674	11,740
Short-Term Investments	-	-	-	-	184.5
Trading Asset Securities	193.54	53.52	51.52	60.53	-
Cash & Short-Term Investments	7,558	5,013	3,653	4,735	11,924
Cash Growth	50.78%	37.23%	-22.85%	-60.29%	-16.46%
Accounts Receivable	2,295	2,361	4,187	4,263	3,920
Other Receivables	1,503	1,101	897.51	1,256	863.11
Receivables	3,798	3,462	5,085	5,519	4,783
Inventory	5,931	4,610	4,674	4,424	4,384
Other Current Assets	986.02	412.29	5,246	646.16	1,308
Total Current Assets	18,273	13,497	18,657	15,323	22,399
Property, Plant & Equipment	43,580	40,032	48,287	44,352	41,997
Long-Term Investments	5,024	4,553	1,867	1,781	1,760
Goodwill	1,296	3,041	3,256	3,148	3,214
Other Intangible Assets	7,648	7,485	8,349	6,957	5,812
Long-Term Deferred Tax Assets	6,311	8,254	9,543	10,630	11,459
Other Long-Term Assets	4,305	3,386	4,014	3,570	2,943
Total Assets	86,437	80,248	93,973	85,762	89,583
Accounts Payable	5,559	4,239	5,260	4,403	3,481
Accrued Expenses	1,132	1,013	961.4	1,163	916.42
Current Portion of Long-Term Debt	516.88	1,021	821.47	303.41	1,031
Current Portion of Leases	160.49	146.65	196.61	179.32	175.17
Current Income Taxes Payable	1,109	928.55	1,738	218.67	2,181
Current Unearned Revenue	-	-	-	1,167	1,678
Other Current Liabilities	7,376	5,757	5,644	6,275	5,760
Total Current Liabilities	15,853	13,105	14,622	13,710	15,222
Long-Term Debt	19,850	16,008	14,488	13,422	14,592
Long-Term Leases	507.26	567.03	1,252	1,332	1,430
Long-Term Unearned Revenue	1,966	1,884	1,958	4,112	3,221
Pension & Post-Retirement Benefits	1,213	1,120	1,378	1,243	1,536
Long-Term Deferred Tax Liabilities	106.75	445.76	867.63	1,394	1,883
Other Long-Term Liabilities	12,640	12,563	18,535	13,683	16,332
Total Liabilities	52,137	45,693	53,100	48,896	54,215
Common Stock	14,034	12,498	15,931	14,622	13,874
Retained Earnings	17,462	18,576	21,883	20,469	15,726
Treasury Stock	-3,591	-3,199	-3,656	-4,857	-5,239
Comprehensive Income & Other	5,556	5,557	5,198	5,159	10,171
Total Common Equity	33,460	33,432	39,356	35,394	34,532
Minority Interest	840.05	1,123	1,517	1,472	835.47
Shareholders' Equity	34,300	34,555	40,872	36,866	35,368
Total Liabilities & Equity	86,437	80,248	93,973	85,762	89,583
Total Debt	21,035	17,743	16,758	15,236	17,228
Net Cash (Debt)	-13,477	-12,731	-13,106	-10,501	-5,304
Net Cash Per Share	-3.15	-2.97	-3.00	-2.26	-1.06
Filing Date Shares Outstanding	4,269	4,269	4,300	4,483	4,840
Total Common Shares Outstanding	4,269	4,269	4,300	4,483	4,840
Working Capital	2,419	391.44	4,035	1,614	7,177
Book Value Per Share	7.84	7.83	9.15	7.89	7.14
Tangible Book Value	24,517	22,905	27,751	25,289	25,507
Tangible Book Value Per Share	5.74	5.37	6.45	5.64	5.27
Buildings	18,089	15,284	-	15,818	14,961
Machinery	15,288	13,340	-	15,541	14,509
Construction In Progress	10,446	9,731	-	9,203	7,734

Source: S&P Global Market Intelligence. Standard template. Financial Sources.