Grazziotin Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4.98	9.18	13.24	125.35	35.43
Short-Term Investments	142.08	198.01	155.48	-	-
Cash & Short-Term Investments	147.06	207.19	168.72	125.35	35.43
Cash Growth	-29.02%	22.80%	34.59%	253.81%	-80.47%
Accounts Receivable	224.84	258.17	248.67	259.14	296.97
Other Receivables	16.3	18.6	9.19	14.59	61.3
Receivables	241.13	276.76	257.86	273.72	358.27
Inventory	148.88	141.88	140.13	120.01	119.28
Other Current Assets	3.43	2.67	3.32	3.05	15.47
Total Current Assets	540.5	628.5	570.03	522.14	528.45
Property, Plant & Equipment	401.48	411.34	386.39	359.18	299.21
Long-Term Investments	263.39	258.71	257.3	245.84	219.8
Other Intangible Assets	5.42	4.17	10.5	3.81	2.21
Long-Term Deferred Tax Assets	4.37	1.23	1.67	2.67	-
Other Long-Term Assets	48.35	49.48	48.73	38.13	35.06
Total Assets	1,263	1,353	1,275	1,172	1,085
Accounts Payable	72.96	76.34	72.09	67.29	92.98
Accrued Expenses	64.24	64.48	67.62	58.86	52.29
Short-Term Debt	20.47	29.82	25.91	21.73	-
Current Portion of Leases	24.36	25.05	24	22.91	20.37
Current Income Taxes Payable	1.29	1.38	0.58	5.12	8.01
Other Current Liabilities	55.85	57.19	59.78	37.18	48.74
Total Current Liabilities	239.17	254.27	249.98	213.11	222.39
Long-Term Leases	119.99	120.88	116.9	112.9	98.03
Long-Term Deferred Tax Liabilities	12.43	13.3	12.96	11.4	15.49
Other Long-Term Liabilities	13.79	11.99	10.54	1.99	1.08
Total Liabilities	385.38	400.44	390.38	339.39	336.99
Common Stock	670.67	442.37	421.4	400.89	291.78
Retained Earnings	153.37	447.24	398	366.54	401.67
Treasury Stock	-10.62	-1.37	-	-	-11.86
Comprehensive Income & Other	64.69	64.74	64.84	64.93	66.03
Total Common Equity	878.11	952.98	884.24	832.36	747.61
Minority Interest	-	-	-	-	0.13
Shareholders' Equity	878.11	952.98	884.24	832.36	747.74
Total Liabilities & Equity	1,263	1,353	1,275	1,172	1,085
Total Debt	164.82	175.76	166.81	157.55	118.41
Net Cash (Debt)	-17.76	31.43	1.91	-32.2	-82.98
Net Cash Growth	-	1545.71%	-	-	-
Net Cash Per Share	-0.74	1.29	0.08	-1.43	-3.64
Filing Date Shares Outstanding	23.54	24.25	23.37	22.52	22.48
Total Common Shares Outstanding	23.54	24.25	23.37	22.52	22.48
Working Capital	301.34	374.23	320.05	309.03	306.06
Book Value Per Share	37.30	39.30	37.83	36.97	33.26
Tangible Book Value	872.7	948.81	873.74	828.55	745.4
Tangible Book Value Per Share	37.07	39.12	37.38	36.80	33.16
Land	36.89	36.87	36.86	32.27	32.77
Buildings	110.61	104.2	99.37	100.27	100.27
Machinery	103.8	101	91.51	83.45	60.16
Construction In Progress	1.94	1.57	8.95	3.82	5.88
Leasehold Improvements	113.41	98.17	67.36	49.9	36.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.