Karsten 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	9.89	14.34	10.65	6.16	5.72	6.29
Short-Term Investments	51.33	51.99	56.64	49.11	14.03	5.78
Cash & Short-Term Investments	61.22	66.32	67.29	55.26	19.75	12.07
Cash Growth	-16.42%	-1.44%	21.76%	179.80%	63.62%	-73.40%
Accounts Receivable	176.13	204.68	198.36	193.44	177.15	155.52
Other Receivables	18.33	17.58	20.69	23.07	13.55	48.48
Receivables	194.46	222.26	219.05	216.51	190.7	204
Inventory	232.61	203.6	177.91	179.1	198.75	230.77
Total Current Assets	488.29	492.18	464.25	450.87	409.2	446.84
Property, Plant & Equipment	177.89	185.02	180.52	175.63	176.28	167.84
Goodwill	8.29	-	-	-	-	-
Other Intangible Assets	12.81	12.42	11.27	11.28	11.64	11.35
Other Long-Term Assets	49.49	47.33	50.49	7.69	5.2	4.55
Total Assets	736.78	736.95	706.53	645.47	602.33	630.58
Accounts Payable	100.62	97.44	105.89	95.29	65.71	69.05
Accrued Expenses	70.05	63.63	66.63	53.55	36.8	40.93
Current Portion of Long-Term Debt	29.64	29.84	35.06	49.48	99.65	61.45
Current Portion of Leases	2.82	4.02	6.15	14.18	19.28	24.74
Current Income Taxes Payable	-	4.45	3.83	7.58	7.1	5.28
Other Current Liabilities	45.8	49.06	49.31	43.98	31.98	58.08
Total Current Liabilities	248.93	248.44	266.88	264.06	260.53	259.52
Long-Term Debt	373.89	379.04	400.32	441.13	445.22	474.93
Long-Term Leases	5.18	5.76	2.16	4.92	3.87	5.07
Long-Term Deferred Tax Liabilities	12.25	12.25	12.25	12.25	12.25	12.25
Other Long-Term Liabilities	16.45	15.46	19.46	36.06	35.56	12.76
Total Liabilities	656.7	660.94	701.06	758.41	757.43	764.53
Common Stock	100.02	100.02	100.02	100.02	100.02	100.02
Retained Earnings	-43.71	-47.79	-118.33	-236.73	-278.89	-257.75
Comprehensive Income & Other	23.77	23.77	23.77	23.77	23.77	23.77
Shareholders' Equity	80.08	76.01	5.47	-112.94	-155.1	-133.95
Total Liabilities & Equity	736.78	736.95	706.53	645.47	602.33	630.58
Total Debt	411.53	418.66	443.69	509.7	568.03	566.19
Net Cash (Debt)	-350.31	-352.34	-376.41	-454.44	-548.27	-554.12
Net Cash Per Share	-	-56.78	-60.66	-73.24	-88.36	-89.30
Filing Date Shares Outstanding	-	6.21	6.21	6.21	6.21	6.21
Total Common Shares Outstanding	-	6.21	6.21	6.21	6.21	6.21
Working Capital	239.36	243.75	197.37	186.81	148.67	187.32
Book Value Per Share	-	12.25	0.88	-18.20	-24.99	-21.59
Tangible Book Value	58.98	63.59	-5.8	-124.22	-166.74	-145.3
Tangible Book Value Per Share	-	10.25	-0.93	-20.02	-26.87	-23.42

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