CSN Mineração 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	8,842	8,872	15,186	9,796	6,490	10,717
Short-Term Investments	18.7	18.07	13.89	12.45	247.33	217.02
Cash & Short-Term Investments	8,861	8,890	15,200	9,808	6,737	10,934
Cash Growth	-38.02%	-41.51%	54.97%	45.59%	-38.39%	267.65%
Accounts Receivable	2,257	1,915	1,507	1,713	1,545	749.77
Other Receivables	265.25	104.91	70.61	227.62	177.74	105.99
Receivables	2,522	2,020	1,577	1,940	1,723	855.76
Inventory	833.78	825.42	777.85	935.98	923.85	855.21
Other Current Assets	469.47	349.51	277.25	302.78	233.17	153.06
Total Current Assets	12,687	12,085	17,832	12,988	9,617	12,798
Property, Plant & Equipment	11,190	10,994	9,705	8,959	8,356	7,692
Long-Term Investments	2,971	3,061	1,774	1,577	1,426	1,313
Goodwill	-	3,236	3,236	3,236	3,236	3,236
Other Intangible Assets	4,326	1,095	1,120	1,116	1,151	984.85
Long-Term Deferred Tax Assets	4.23	5.6	143.71	10.14	-	-
Other Long-Term Assets	3,010	3,077	2,579	1,804	1,267	966.84
Total Assets	34,188	33,554	36,391	29,691	25,054	26,991
Accounts Payable	1,675	2,709	2,255	1,843	1,384	1,150
Accrued Expenses	349.94	237.58	247.43	322.32	451.7	232.94
Current Portion of Long-Term Debt	-	1,651	1,340	445.18	1,046	478.41
Current Portion of Leases	-	16.85	12.26	11.41	17.53	128.06
Current Income Taxes Payable	-	221.6	85.19	325.78	78.11	2,118
Current Unearned Revenue	3,888	3,783	3,194	1,710	945.81	1,974
Other Current Liabilities	1,796	1,421	412.21	1,412	719.29	450.35
Total Current Liabilities	9,233	10,039	7,546	6,070	4,643	6,533
Long-Term Debt	7,606	7,535	8,789	7,734	7,350	4,235
Long-Term Leases	-	117.77	110.07	113.63	117.85	19.62
Long-Term Unearned Revenue	8,992	8,129	8,808	4,168	637.19	945.1
Long-Term Deferred Tax Liabilities	220.66	132.77	-	114.05	81.32	352.23
Other Long-Term Liabilities	1,056	918.49	868.78	792.53	830.57	908.66
Total Liabilities	27,108	26,873	26,122	18,992	13,660	12,993
Common Stock	7,474	7,474	7,474	7,474	7,474	7,474
Additional Paid-In Capital	-	-	-	141.72	141.72	141.72
Retained Earnings	1,717	1,819	3,565	3,274	3,967	6,722
Treasury Stock	-	-324.34	-324.34	-	-	-651.02
Comprehensive Income & Other	-2,111	-2,289	-445.53	-190.94	-189.05	311.14
Total Common Equity	7,080	6,680	10,269	10,699	11,393	13,998
Minority Interest	0.44	0.68	-	-	-	-
Shareholders' Equity	7,081	6,681	10,269	10,699	11,393	13,998
Total Liabilities & Equity	34,188	33,554	36,391	29,691	25,054	26,991
Total Debt	9,130	9,321	10,251	8,304	8,532	4,861
Net Cash (Debt)	-268.64	-431.07	4,949	1,504	-1,795	6,073
Net Cash Growth	-	-	228.97%	-	-	287.60%
Net Cash Per Share	-	-0.08	0.90	0.27	-0.33	1.09
Filing Date Shares Outstanding	-	5,432	5,432	5,485	5,485	5,486
Total Common Shares Outstanding	-	5,432	5,432	5,485	5,485	5,486
Working Capital	3,453	2,045	10,286	6,918	4,974	6,265
Book Value Per Share	-	1.23	1.89	1.95	2.08	2.55
Tangible Book Value	2,754	2,349	5,912	6,346	7,006	9,777
Tangible Book Value Per Share	-	0.43	1.09	1.16	1.28	1.78
Land	-	99.45	88.68	87.29	77.7	61.61
Buildings	-	3,174	3,059	2,923	2,644	2,373
Machinery	-	11,509	12,016	10,953	10,113	8,480
Construction In Progress	-	3,977	2,491	1,908	1,599	1,873

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