BVMF:CEDO4 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	2.24	3.05	5.88	81.94	16.15	12.82
Short-Term Investments	-	8.87	7.72	-	-	-
Trading Asset Securities	8.05	-	-	2.81	3.65	7.65
Cash & Short-Term Investments	10.29	11.92	13.6	84.75	19.8	20.47
Cash Growth	28.57%	-12.30%	-83.96%	328.03%	-3.29%	-27.59%
Accounts Receivable	150.24	130.02	148.23	135.43	196.74	161.21
Other Receivables	21.17	25.83	21.25	74.34	67.66	39.56
Receivables	171.41	155.85	169.48	209.77	264.41	200.78
Inventory	171.15	177.21	194.49	174.83	196.55	193.29
Restricted Cash	0.42	-	-	-	-	1.51
Other Current Assets	12.4	20.23	10.5	5.96	5.37	6.24
Total Current Assets	365.67	365.21	388.07	475.31	486.12	422.29
Property, Plant & Equipment	425.66	422.2	415.28	362.17	337.73	324.52
Long-Term Investments	0.27	0.1	0.1	0.09	0.07	0.07
Goodwill	-	-	0.89	0.83	0.83	0.83
Other Intangible Assets	0.77	0.85	0.83	0.28	0.31	0.73
Long-Term Accounts Receivable	-	0.06	-	-	-	-
Long-Term Deferred Tax Assets	37.4	32.47	24.71	-	-	-
Other Long-Term Assets	100.07	101.46	114.2	43.51	53.95	81.97
Total Assets	929.84	922.34	944.07	882.19	879.02	830.42
Accounts Payable	67.06	57.67	90.26	63.88	153.02	183.85
Accrued Expenses	54.69	48.07	59.42	52.7	51.29	44.25
Short-Term Debt	163.06	38.2	33.84	1.6	11.66	15.11
Current Portion of Long-Term Debt	-	133.77	94.82	107.14	139.09	98.32
Current Portion of Leases	9.59	10.14	9.16	3.68	4.61	3.34
Current Income Taxes Payable	-	-	0.45	0.15	1.07	-
Other Current Liabilities	88.14	57.26	26.2	111.24	180.72	140.3
Total Current Liabilities	382.55	345.11	314.14	340.38	541.46	485.18
Long-Term Debt	220.5	234.4	251.41	240.29	109.5	113.64
Long-Term Leases	9.58	10.75	23.17	16.82	15.36	11.41
Long-Term Deferred Tax Liabilities	-	-	-	22.49	21.84	23.72
Other Long-Term Liabilities	57.72	54.41	44.76	62.21	71.04	49.63
Total Liabilities	670.34	644.66	633.48	682.19	759.2	683.58
Common Stock	151.35	151.35	150	150	150	150
Retained Earnings	108.16	126.32	155.62	45.08	-35.27	-17.32
Comprehensive Income & Other	-	-	3.4	3.4	-	-
Total Common Equity	259.51	277.67	309.02	198.48	114.73	132.68
Minority Interest	-	-	1.58	1.52	5.09	14.16
Shareholders' Equity	259.51	277.67	310.6	200.01	119.82	146.84
Total Liabilities & Equity	929.84	922.34	944.07	882.19	879.02	830.42
Total Debt	402.73	427.26	412.39	369.52	280.22	241.83
Net Cash (Debt)	-392.44	-415.33	-398.8	-284.77	-260.42	-221.35
Net Cash Per Share	-39.16	-41.49	-39.88	-28.48	-26.04	-22.14
Filing Date Shares Outstanding	10.04	10.01	10	10	10	10
Total Common Shares Outstanding	10.04	10.01	10	10	10	10
Working Capital	-16.88	20.1	73.93	134.93	-55.34	-62.89
Book Value Per Share	25.85	27.74	30.90	19.85	11.47	13.27
Tangible Book Value	258.74	276.83	307.3	197.37	113.59	131.11
Tangible Book Value Per Share	25.78	27.65	30.73	19.74	11.36	13.11
Land	-	55.39	55.38	54.16	54.16	54.16
Buildings	-	175.83	166.11	161.99	152.83	148.89
Machinery	-	566.51	526.63	487.67	460.52	451.64
Construction In Progress	-	8.21	38.33	26.31	26.54	20.22

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