BVMF:CBAV3 Balance Sheet

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

Millions BRL. 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	1,100	1,142	1,350	849.08	1,449	632.44
Short-Term Investments	-	246.76	304.93	339.85	275.22	610.38
Trading Asset Securities	108.69	-	-	-	-	-
Cash & Short-Term Investments	1,209	1,389	1,655	1,189	1,725	1,243
Cash Growth	-20.84%	-16.10%	39.21%	-31.06%	38.76%	104.86%
Accounts Receivable	644.59	493.54	382.44	496.31	698.25	474.72
Other Receivables	270.84	258.62	360.97	432.33	295.1	442.39
Receivables	915.43	752.15	743.41	928.63	993.35	917.11
Inventory	2,232	2,163	1,937	1,881	1,592	1,070
Other Current Assets	246.48	258.41	526.58	271.35	144.76	175.34
Total Current Assets	4,603	4,562	4,862	4,270	4,455	3,405
Property, Plant & Equipment	6,516	6,345	5,873	5,530	5,083	5,101
Long-Term Investments	176.29	237.79	277.13	360.59	205.04	198.84
Goodwill	225.78	184.22	184.22	-	166.27	166.27
Other Intangible Assets	678.8	683.92	717.09	956.78	831.66	365
Long-Term Deferred Tax Assets	461.66	875.02	302.33	155.62	253.94	175.77
Other Long-Term Assets	1,215	945.39	1,346	1,001	970.53	1,799
Total Assets	13,877	13,833	13,562	12,275	11,965	11,211
Accounts Payable	1,135	1,124	956.88	1,009	655.63	425.95
Accrued Expenses	212.89	220.92	198.72	170.93	162.24	175.67
Current Portion of Long-Term Debt	121.2	117.29	103.11	107.59	69.38	63.84
Current Portion of Leases	36.74	42.39	20.58	16.27	27.13	8.81
Current Income Taxes Payable	57.28	37.36	41.47	33.96	78.28	74.17
Other Current Liabilities	721.62	804.02	735.47	850.16	1,167	1,242
Total Current Liabilities	2,285	2,346	2,056	2,188	2,160	1,991
Long-Term Debt	4,068	4,512	4,241	2,861	3,037	2,883
Long-Term Leases	148.1	141.34	27.89	15.55	17.56	7.11
Long-Term Deferred Tax Liabilities	16.85	16.4	11.89	13.07	39.64	-
Other Long-Term Liabilities	2,630	2,806	2,520	1,874	1,996	2,590
Total Liabilities	9,148	9,821	8,858	6,951	7,249	7,471
Common Stock	4,510	4,956	4,935	4,705	4,705	4,950
Retained Earnings	314.22	-401.05	-234.11	673.53	183.38	-985.9
Comprehensive Income & Other	-302.46	-770.12	-242.09	-283.03	-387.89	-400.8
Total Common Equity	4,522	3,784	4,458	5,096	4,501	3,563
Minority Interest	207.26	227.22	245.72	227.93	215.18	176.73
Shareholders' Equity	4,729	4,012	4,704	5,323	4,716	3,740
Total Liabilities & Equity	13,877	13,833	13,562	12,275	11,965	11,211
Total Debt	4,374	4,813	4,393	3,001	3,151	2,962
Net Cash (Debt)	-3,165	-3,424	-2,738	-1,812	-1,426	-1,720
Net Cash Per Share	-4.85	-5.25	-4.56	-3.10	-2.39	-2.80
Filing Date Shares Outstanding	651.07	651.07	645.48	595.83	595.83	614.16
Total Common Shares Outstanding	651.07	651.07	645.48	595.83	595.83	614.16
Working Capital	2,318	2,216	2,806	2,083	2,295	1,414
Book Value Per Share	6.95	5.81	6.91	8.55	7.55	5.80
Tangible Book Value	3,617	2,916	3,557	4,139	3,503	3,032
Tangible Book Value Per Share	5.56	4.48	5.51	6.95	5.88	4.94
Land	353.22	336.56	335.02	-	153.86	155.79
Buildings	3,419	3,252	2,903	-	3,076	3,048
Machinery	9,323	8,440	7,515	-	7,285	7,137
Construction In Progress	1,125	1,007	1,169	-	546.29	475.15

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