BVMF:COCE5 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	-	214.12	96.67	182.56	204.32
Trading Asset Securities	-	0.48	97.93	86.9	80.65
Accounts Receivable	-	2,310	1,957	1,789	1,746
Other Receivables	-	470.75	672.48	747.57	864.23
Other Current Assets	-	86.01	28.98	44.39	413.08
Total Current Assets	-	3,082	2,853	2,850	3,308
Property, Plant & Equipment	-	179.86	88.22	67.34	80.15
Regulatory Assets	-	-	-	-	126.08
Goodwill	-	9.13	12.76	16.72	21.04
Other Intangible Assets	-	2,094	2,277	2,294	1,970
Long-Term Deferred Tax Assets	-	-	-	81.02	52.08
Long-Term Accounts Receivable	-	45.1	212.61	163.58	115.42
Other Long-Term Assets	-	8,997	7,654	6,837	5,565
Total Assets	-	14,407	13,097	12,309	11,238
Accounts Payable	-	1,159	996.96	1,279	1,135
Accrued Expenses	-	395.97	428.61	433.71	656.7
Short-Term Debt	-	-	1,272	834.92	343.77
Current Portion of Long-Term Debt	-	2,833	1,575	704.12	477.13
Current Portion of Leases	-	18	7.27	9.96	14.2
Current Income Taxes Payable	-	2.31	-	68.06	16.28
Other Current Liabilities	-	1,266	832.29	833.34	816.69
Total Current Liabilities	-	5,674	5,113	4,163	3,459
Long-Term Debt	-	2,625	3,138	3,253	2,937
Long-Term Leases	-	58.93	29.8	27.64	6.39
Pension & Post-Retirement Benefits	-	109.77	110.15	89.35	87.98
Long-Term Deferred Tax Liabilities	-	83.71	37.21	-	-
Other Long-Term Liabilities	-	715.92	478.32	819.26	1,260
Total Liabilities	-	9,267	8,906	8,353	7,751
Common Stock	-	1,388	1,282	1,085	914.35
Retained Earnings	-	2,813	2,556	2,527	2,326
Comprehensive Income & Other	-	938.47	352.39	344.83	246.1
Shareholders' Equity	5,212	5,140	4,191	3,957	3,487
Total Liabilities & Equity	-	14,407	13,097	12,309	11,238
Total Debt	6,002	5,535	6,023	4,830	3,779
Net Cash (Debt)	-5,894	-5,320	-5,828	-4,561	-3,494
Net Cash Per Share	-68.29	-68.33	-74.86	-58.58	-44.87
Filing Date Shares Outstanding	86.3	77.86	77.86	77.86	77.86
Total Common Shares Outstanding	86.3	77.86	77.86	77.86	77.86
Working Capital	-	-2,592	-2,260	-1,313	-151.51
Book Value Per Share	60.39	66.02	53.83	50.82	44.79
Tangible Book Value	3,302	3,036	1,901	1,646	1,496
Tangible Book Value Per Share	38.26	39.00	24.42	21.14	19.22
Buildings	-	4.91	4.91	5.13	0.93
Machinery	-	66.42	54.97	64.98	50.69
Construction In Progress	-	74.7	31.53	9.57	54.69

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