BVMF:CLSC4 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	418.81	1,019	906.2	940.68	844.09
Accounts Receivable	2,723	2,238	1,757	1,759	1,931
Other Receivables	364.37	321.51	654.34	719.66	636.1
Inventory	-	-	23.27	20.02	13.56
Other Current Assets	341.62	318.95	69.08	239.32	340.81
Total Current Assets	3,848	3,898	3,410	3,679	3,766
Property, Plant & Equipment	218.57	210.39	193.25	133.87	128.81
Regulatory Assets	273.14	-	94.54	76.45	470.29
Goodwill	-	-	-	3.94	4.44
Other Intangible Assets	5,043	4,862	4,710	4,305	3,854
Long-Term Investments	312.15	382.86	389.04	363.5	449.14
Long-Term Deferred Tax Assets	560.04	659.03	854.65	709.02	708
Long-Term Accounts Receivable	1,059	775.85	512.2	425.74	27.21
Other Long-Term Assets	2,516	2,250	2,138	1,932	2,551
Total Assets	13,831	13,038	12,302	11,628	11,958
Accounts Payable	784.08	785.75	869.87	820.87	950.86
Accrued Expenses	1,086	1,017	1,087	987.83	1,868
Current Portion of Long-Term Debt	563.85	486.33	522.33	507.7	176.55
Current Portion of Leases	2.86	2.14	10.84	1.58	6.22
Current Income Taxes Payable	21.62	2.82	26.68	31	2.24
Other Current Liabilities	494.53	755.56	1,214	1,408	277.79
Total Current Liabilities	2,953	3,050	3,731	3,757	3,282
Long-Term Debt	4,533	3,787	2,649	1,942	1,845
Long-Term Leases	10.25	3.84	6.2	6.72	8.62
Pension & Post-Retirement Benefits	1,579	1,509	1,923	1,660	1,799
Long-Term Deferred Tax Liabilities	111.2	108.46	98.09	89.21	82.59
Other Long-Term Liabilities	676.69	908.66	962.56	1,290	2,319
Total Liabilities	9,863	9,366	9,370	8,745	9,337
Common Stock	2,480	2,480	2,480	2,480	2,480
Retained Earnings	2,720	2,351	1,867	1,562	1,191
Comprehensive Income & Other	-1,231	-1,160	-1,414	-1,159	-1,050
Shareholders' Equity	3,968	3,671	2,933	2,883	2,621
Total Liabilities & Equity	13,831	13,038	12,302	11,628	11,958
Total Debt	5,109	4,279	3,188	2,458	2,037
Net Cash (Debt)	-4,691	-3,260	-2,282	-1,517	-1,193
Net Cash Per Share	-121.61	-84.51	-59.17	-39.33	-30.92
Filing Date Shares Outstanding	38.57	38.57	38.57	38.57	38.57
Total Common Shares Outstanding	38.57	38.57	38.57	38.57	38.57
Working Capital	895.66	848.49	-320.69	-78.8	483.46
Book Value Per Share	102.89	95.18	76.03	74.75	67.96
Tangible Book Value	-1,075	-1,190	-1,778	-1,425	-1,237
Tangible Book Value Per Share	-27.87	-30.86	-46.09	-36.95	-32.08
Land	15.82	16.34	14.76	14.77	14.78
Buildings	21.18	20.87	12.46	12.47	15.91
Machinery	184.18	134.51	81.92	82.14	95.26
Construction In Progress	59.15	103.01	142.8	90.16	78.48

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