BVMF:CBAV3 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,426	1,268	1,142	1,350	849.08	1,449
Short-Term Investments	62.42	57.16	246.76	304.93	339.85	275.22
Cash & Short-Term Investments	1,488	1,325	1,389	1,655	1,189	1,725
Cash Growth	73.49%	-4.56%	-16.10%	39.21%	-31.06%	38.76%
Accounts Receivable	681.16	632.23	493.54	382.44	496.31	698.25
Other Receivables	392.87	236.42	258.62	360.97	432.33	295.1
Receivables	1,074	868.64	752.15	743.41	928.63	993.35
Inventory	1,973	2,046	2,163	1,937	1,881	1,592
Other Current Assets	230.57	228.2	258.41	526.58	271.35	144.76
Total Current Assets	4,765	4,468	4,562	4,862	4,270	4,455
Property, Plant & Equipment	6,639	6,542	6,345	5,873	5,530	5,083
Long-Term Investments	211.94	273.77	237.79	277.13	360.59	205.04
Goodwill	184.22	184.22	184.22	184.22	-	166.27
Other Intangible Assets	677.58	688.6	683.92	717.09	956.78	831.66
Long-Term Deferred Tax Assets	457.34	563.56	875.02	302.33	155.62	253.94
Other Long-Term Assets	1,177	1,246	945.39	1,346	1,001	970.53
Total Assets	14,112	13,966	13,833	13,562	12,275	11,965
Accounts Payable	1,019	1,087	1,124	956.88	1,009	655.63
Accrued Expenses	149.68	208.17	220.92	198.72	170.93	162.24
Current Portion of Long-Term Debt	120.19	136.19	117.29	103.11	107.59	69.38
Current Portion of Leases	58.71	50.44	42.39	20.58	16.27	27.13
Current Income Taxes Payable	102.5	59.58	37.36	41.47	33.96	78.28
Other Current Liabilities	805.35	888.42	804.02	735.47	850.16	1,167
Total Current Liabilities	2,255	2,429	2,346	2,056	2,188	2,160
Long-Term Debt	4,234	4,139	4,512	4,241	2,861	3,037
Long-Term Leases	208.4	168.96	141.34	27.89	15.55	17.56
Long-Term Deferred Tax Liabilities	11.73	11.29	16.4	11.89	13.07	39.64
Other Long-Term Liabilities	2,540	2,703	2,806	2,520	1,874	1,996
Total Liabilities	9,249	9,452	9,821	8,858	6,951	7,249
Common Stock	4,554	4,554	4,956	4,935	4,705	4,705
Retained Earnings	398.73	92.29	-401.05	-234.11	673.53	183.38
Comprehensive Income & Other	-323.05	-354.86	-770.12	-242.09	-283.03	-387.89
Total Common Equity	4,630	4,292	3,784	4,458	5,096	4,501
Minority Interest	233.42	222.62	227.22	245.72	227.93	215.18
Shareholders' Equity	4,864	4,515	4,012	4,704	5,323	4,716
Total Liabilities & Equity	14,112	13,966	13,833	13,562	12,275	11,965
Total Debt	4,621	4,495	4,813	4,393	3,001	3,151
Net Cash (Debt)	-3,133	-3,170	-3,424	-2,738	-1,812	-1,426
Net Cash Per Share	-4.81	-4.87	-5.26	-4.56	-3.10	-2.39
Filing Date Shares Outstanding	651.07	651.07	651.07	645.48	595.83	595.83
Total Common Shares Outstanding	651.07	651.07	651.07	645.48	595.83	595.83
Working Capital	2,510	2,039	2,216	2,806	2,083	2,295
Book Value Per Share	7.11	6.59	5.81	6.91	8.55	7.55
Tangible Book Value	3,768	3,419	2,916	3,557	4,139	3,503
Tangible Book Value Per Share	5.79	5.25	4.48	5.51	6.95	5.88
Land	352.61	352.23	343.65	335.02	-	153.86
Buildings	3,429	3,427	3,335	2,903	-	3,076
Machinery	9,340	9,441	9,047	7,515	-	7,285
Construction In Progress	1,161	1,049	1,007	1,169	-	546.29

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