Cruzeiro do Sul Educacional S.A. (BVMF:CSED3)

BVMF:CSED3 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	655.98	555.33	522.92	852.74	1,085	212.91
Cash & Short-Term Investments	655.98	555.33	522.92	852.74	1,085	212.91
Cash Growth	3.64%	6.20%	-38.68%	-21.40%	409.61%	836.96%
Accounts Receivable	225.14	191.01	261.13	216	187.82	187.3
Other Receivables	98.41	101.12	77.78	52.46	29.58	46.27
Receivables	323.55	292.13	338.91	268.45	217.39	233.57
Other Current Assets	15.2	0.06	0.05	-	-	-
Total Current Assets	994.73	847.52	861.87	1,121	1,302	446.47
Property, Plant & Equipment	1,547	1,588	1,713	1,672	1,578	1,347
Long-Term Investments	0.15	0.15	0.15	0.15	0.15	0.15
Goodwill	1,108	1,108	1,111	1,111	1,111	1,111
Other Intangible Assets	820.43	830.67	598.44	590.15	594.96	610.94
Long-Term Accounts Receivable	30.88	28.69	22.29	21.39	24.27	27.31
Long-Term Deferred Tax Assets	114.12	114.35	104.27	104.09	100.51	88.61
Other Long-Term Assets	43.83	52.36	104.64	87.4	64.52	38.17
Total Assets	4,659	4,569	4,516	4,708	4,776	3,670
Accounts Payable	79.7	80.77	77.87	69.37	50.47	44.04
Accrued Expenses	253.92	185.28	186.19	143.41	120.56	125.87
Current Portion of Long-Term Debt	174.89	172.31	198.08	235.92	130.6	208.2
Current Portion of Leases	122.67	128.61	107.78	100.38	78.33	72.4
Current Income Taxes Payable	0.52	1.51	0.05	53.45	49.7	39.7
Current Unearned Revenue	0.72	0.72	0.72	0.72	0.72	1.33
Other Current Liabilities	90.2	342.97	225.71	53.43	129.52	44.93
Total Current Liabilities	722.63	912.16	796.4	656.68	559.89	536.47
Long-Term Debt	1,107	851.1	645.87	831.24	1,046	1,164
Long-Term Leases	1,071	1,098	1,218	1,206	1,125	877.12
Long-Term Unearned Revenue	7.7	8.06	8.79	9.51	10.23	10.95
Long-Term Deferred Tax Liabilities	14.51	14.9	15.69	16.48	17.28	17.64
Other Long-Term Liabilities	192.95	214.47	444.47	582.04	564.05	612.09
Total Liabilities	3,116	3,099	3,129	3,302	3,322	3,218
Common Stock	1,204	1,204	1,204	1,204	1,204	193.19
Retained Earnings	236.29	164.22	79.91	62.97	88.23	96.84
Treasury Stock	-	-	-	-23.13	-	-
Comprehensive Income & Other	102.99	102.99	102.99	161.98	161.98	161.98
Shareholders' Equity	1,543	1,471	1,386	1,405	1,454	452
Total Liabilities & Equity	4,659	4,569	4,516	4,708	4,776	3,670
Total Debt	2,476	2,250	2,170	2,374	2,380	2,322
Net Cash (Debt)	-1,820	-1,695	-1,647	-1,521	-1,295	-2,109
Net Cash Per Share	-4.99	-4.65	-4.50	-3.98	-3.59	-276.36
Filing Date Shares Outstanding	364.54	364.54	364.54	376.22	381.82	305.32
Total Common Shares Outstanding	364.54	364.54	364.54	376.22	381.82	305.32
Working Capital	272.1	-64.64	65.47	464.51	742.48	-90
Book Value Per Share	4.23	4.03	3.80	3.74	3.81	1.48
Tangible Book Value	-385.66	-467.97	-323.08	-295.87	-252.28	-1,270
Tangible Book Value Per Share	-1.06	-1.28	-0.89	-0.79	-0.66	-4.16
Land	80.39	80.39	80.39	80.39	80.39	80.39
Buildings	104.06	104.06	104.06	104.06	104.06	104.06
Machinery	472.42	465.75	441.67	385.96	392.71	367.35
Construction In Progress	18.5	12.96	8.6	82.3	47.03	84.74
Leasehold Improvements	402.51	392.58	348.5	204.9	182.9	117.86

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