BVMF:CEEB5 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	1,040	1,525	956	1,002	650	474
Short-Term Investments	80	29	18	33	44	4
Accounts Receivable	3,599	3,451	3,328	2,624	2,724	2,141
Other Receivables	709	606	1,216	1,310	1,300	1,135
Other Current Assets	437	735	557	419	918	390
Total Current Assets	5,865	6,346	6,075	5,388	5,636	4,144
Property, Plant & Equipment	43	46	39	40	41	20
Other Intangible Assets	5,185	4,607	5,073	5,360	5,650	5,470
Long-Term Investments	63	58	53	60	54	52
Long-Term Deferred Tax Assets	-	-	-	-	-	9
Long-Term Accounts Receivable	180	178	116	95	107	93
Other Long-Term Assets	22,043	20,048	16,527	14,690	12,909	11,133
Total Assets	33,379	31,283	27,883	25,633	24,397	20,921
Accounts Payable	1,149	1,088	1,050	887	825	1,280
Accrued Expenses	1,168	1,223	1,875	1,559	1,891	197
Current Portion of Long-Term Debt	2,100	2,707	2,876	2,347	1,498	809
Current Portion of Leases	16	18	12	12	10	6
Current Income Taxes Payable	15	51	48	16	-	354
Other Current Liabilities	1,712	1,586	1,101	917	779	829
Total Current Liabilities	6,160	6,673	6,962	5,738	5,003	3,475
Long-Term Debt	15,264	13,862	11,885	11,148	10,028	7,019
Long-Term Leases	32	32	28	26	25	9
Long-Term Deferred Tax Liabilities	1,009	819	530	344	215	-
Other Long-Term Liabilities	2,346	2,473	2,041	2,466	2,950	4,309
Total Liabilities	24,811	23,859	21,446	19,722	18,221	14,812
Common Stock	2,988	2,988	2,988	2,988	2,988	2,988
Retained Earnings	5,543	4,456	3,492	2,884	3,026	2,981
Comprehensive Income & Other	37	-20	-43	39	162	140
Shareholders' Equity	8,568	7,424	6,437	5,911	6,176	6,109
Total Liabilities & Equity	33,379	31,283	27,883	25,633	24,397	20,921
Total Debt	17,412	16,619	14,801	13,533	11,561	7,843
Net Cash (Debt)	-16,292	-15,065	-13,827	-12,498	-10,867	-7,365
Net Cash Per Share	-62.16	-57.48	-52.76	-47.68	-41.46	-28.10
Filing Date Shares Outstanding	262.1	262.1	262.1	262.1	262.1	262.1
Total Common Shares Outstanding	262.1	262.1	262.1	262.1	262.1	262.1
Working Capital	-295	-327	-887	-350	633	669
Book Value Per Share	32.69	28.33	24.56	22.55	23.56	23.31
Tangible Book Value	3,383	2,817	1,364	551	526	639
Tangible Book Value Per Share	12.91	10.75	5.20	2.10	2.01	2.44

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