BVMF:CLSC3 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	410.05	1,019	906.2	940.68	844.09	1,166
Accounts Receivable	2,569	2,043	1,757	1,759	1,931	1,919
Other Receivables	424.85	750.75	654.34	719.66	636.1	653.22
Inventory	-	21.43	23.27	20.02	13.56	12.31
Other Current Assets	334.17	63.63	69.08	239.32	340.81	204.84
Total Current Assets	3,738	3,898	3,410	3,679	3,766	3,955
Property, Plant & Equipment	238.15	210.39	193.25	133.87	128.81	201.43
Regulatory Assets	279.86	-	94.54	76.45	470.29	286.86
Goodwill	-	-	-	3.94	4.44	4.94
Other Intangible Assets	4,979	4,862	4,710	4,305	3,854	3,613
Long-Term Investments	311.88	383.07	389.04	363.5	449.14	406.41
Long-Term Deferred Tax Assets	569.42	659.03	854.65	709.02	708	884.42
Long-Term Accounts Receivable	939.48	775.85	512.2	425.74	27.21	29.24
Other Long-Term Assets	2,456	2,249	2,138	1,932	2,551	1,286
Total Assets	13,512	13,038	12,302	11,628	11,958	10,667
Accounts Payable	705.26	785.75	869.87	820.87	950.86	1,103
Accrued Expenses	673.84	970.37	1,087	987.83	1,868	1,058
Current Portion of Long-Term Debt	395.63	416.1	522.33	507.7	176.55	968.49
Current Portion of Leases	3.9	2.14	10.84	1.58	6.22	-
Current Income Taxes Payable	109.64	2.82	26.68	31	2.24	15.36
Other Current Liabilities	1,146	872.6	1,214	1,408	277.79	377.06
Total Current Liabilities	3,034	3,050	3,731	3,757	3,282	3,522
Long-Term Debt	4,134	3,787	2,649	1,942	1,845	992.96
Long-Term Leases	9.6	3.84	6.2	6.72	8.62	-
Pension & Post-Retirement Benefits	1,531	1,509	1,923	1,660	1,799	2,319
Long-Term Deferred Tax Liabilities	115.52	108.46	98.09	89.21	82.59	24.47
Other Long-Term Liabilities	736.19	908.66	962.56	1,290	2,319	1,824
Total Liabilities	9,561	9,366	9,370	8,745	9,337	8,683
Common Stock	2,480	2,480	2,480	2,480	2,480	1,340
Retained Earnings	2,652	2,351	1,867	1,562	1,191	1,911
Comprehensive Income & Other	-1,180	-1,160	-1,414	-1,159	-1,050	-1,267
Shareholders' Equity	3,951	3,671	2,933	2,883	2,621	1,985
Total Liabilities & Equity	13,512	13,038	12,302	11,628	11,958	10,667
Total Debt	4,544	4,209	3,188	2,458	2,037	1,961
Net Cash (Debt)	-4,134	-3,190	-2,282	-1,517	-1,193	-795.25
Net Cash Per Share	-107.17	-82.69	-59.17	-39.33	-30.92	-20.62
Filing Date Shares Outstanding	38.57	38.57	38.57	38.57	38.57	38.57
Total Common Shares Outstanding	38.57	38.57	38.57	38.57	38.57	38.57
Working Capital	704.18	848.49	-320.69	-78.8	483.46	433.14
Book Value Per Share	102.44	95.18	76.03	74.75	67.96	51.45
Tangible Book Value	-1,028	-1,190	-1,778	-1,425	-1,237	-1,633
Tangible Book Value Per Share	-26.65	-30.86	-46.09	-36.95	-32.08	-42.35
Land	16.34	16.34	14.76	14.77	14.78	15.78
Buildings	20.95	20.87	12.46	12.47	15.91	49.73
Machinery	152.23	134.51	81.92	82.14	95.26	168.37
Construction In Progress	108.96	103.01	142.8	90.16	78.48	63.02

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