Minerva S.A. (BVMF: BEEF3)

Minerva Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,568	12,679	7,071	6,076	4,788	4,470
Trading Asset Securities	11,250	-	-	1,226	1,603	-
Cash & Short-Term Investments	16,818	12,679	7,071	7,302	6,391	4,470
Cash Growth	60.82%	79.29%	-3.16%	14.25%	43.00%	1.65%
Accounts Receivable	3,574	2,402	2,488	2,599	2,144	1,778
Other Receivables	1,450	981.92	1,334	1,283	1,402	1,071
Receivables	5,024	3,384	3,822	3,882	3,546	2,849
Inventory	2,707	2,073	2,093	2,583	1,349	950.34
Total Current Assets	24,548	18,136	12,987	13,767	11,286	8,269
Property, Plant & Equipment	6,559	5,693	5,235	4,581	4,123	3,633
Long-Term Investments	209.14	197.46	242.1	-	-	-
Goodwill	1,206	1,105	1,060	659.39	-	585.39
Other Intangible Assets	668.77	620.65	799.22	168.81	776.22	102.59
Long-Term Deferred Tax Assets	917.04	910.18	792.81	415.67	448.83	426.39
Other Long-Term Assets	1,864	1,932	284.33	477.15	289.38	217.29
Total Assets	35,971	28,594	21,400	20,069	16,923	13,234
Accounts Payable	4,721	3,728	3,520	3,724	2,345	1,362
Accrued Expenses	539.76	377.39	321.35	332.52	264.5	216.62
Current Portion of Long-Term Debt	4,408	3,795	2,078	1,488	2,200	2,868
Current Portion of Leases	10.24	10.48	9.68	10.44	10.28	6.99
Current Income Taxes Payable	53.61	25.44	51.67	68.21	60.49	113.64
Other Current Liabilities	3,062	1,811	2,150	1,615	1,516	1,061
Total Current Liabilities	12,795	9,747	8,130	7,238	6,396	5,628
Long-Term Debt	21,278	17,762	11,689	11,916	9,372	7,610
Long-Term Leases	17.56	17.5	28.69	29.27	36.61	39.46
Long-Term Deferred Tax Liabilities	370.21	234.5	380.24	116.32	147.36	133.02
Other Long-Term Liabilities	174.83	173.78	110.43	115.08	131.08	104.8
Total Liabilities	34,636	27,935	20,338	19,415	16,083	13,515
Common Stock	1,619	1,619	1,619	1,616	1,304	282.02
Retained Earnings	954.59	979.87	852.58	553.87	529.53	-380.21
Treasury Stock	-199.64	-215.7	-235.4	-242.77	-242.77	-32.7
Comprehensive Income & Other	-1,630	-2,209	-1,729	-1,273	-750.67	-150.77
Total Common Equity	744.21	174.38	506.83	654.13	840.07	-281.66
Minority Interest	590.93	485.17	555.67	-	-	-
Shareholders' Equity	1,335	659.55	1,062	654.13	840.07	-281.66
Total Liabilities & Equity	35,971	28,594	21,400	20,069	16,923	13,234
Total Debt	25,714	21,585	13,805	13,444	11,619	10,524
Net Cash (Debt)	-8,896	-8,906	-6,733	-6,142	-5,228	-6,054
Net Cash Per Share	-15.13	-15.18	-11.53	-10.52	-9.95	-15.12
Filing Date Shares Outstanding	588.33	586.8	584.93	584.23	526.56	482.41
Total Common Shares Outstanding	588.33	586.8	584.93	583.65	525.37	400.45
Working Capital	11,753	8,389	4,857	6,529	4,891	2,641
Book Value Per Share	1.26	0.30	0.87	1.12	1.60	-0.70
Tangible Book Value	-1,130	-1,551	-1,353	-174.06	63.85	-969.64
Tangible Book Value Per Share	-1.92	-2.64	-2.31	-0.30	0.12	-2.42
Land	443.73	360.48	-	-	-	-
Buildings	3,881	3,434	-	-	-	-
Machinery	4,993	4,281	-	-	-	-
Construction In Progress	393.46	261.24	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.