Desktop 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	464.64	290.95	329.66	68.63	141.49
Short-Term Investments	15.51	-	-	-	-
Trading Asset Securities	-	80.4	72.49	168.57	175.85
Cash & Short-Term Investments	480.15	371.36	402.14	237.2	317.34
Cash Growth	29.29%	-7.66%	69.54%	-25.25%	297.79%
Accounts Receivable	158.27	162.62	112.54	82.55	54.04
Other Receivables	81.25	70.61	63.29	44.14	25.33
Receivables	239.52	233.22	175.83	126.69	79.38
Prepaid Expenses	47.66	34.76	22.71	15.11	-
Other Current Assets	-	12.19	11.06	14.22	149.19
Total Current Assets	767.32	651.53	611.74	393.22	545.91
Property, Plant & Equipment	1,913	1,708	1,456	1,198	864.31
Goodwill	-	801.32	825.77	651.92	587.25
Other Intangible Assets	988.45	185.08	176.97	141.74	79.74
Long-Term Deferred Tax Assets	55.16	65.2	91.87	61.41	38.62
Other Long-Term Assets	134.63	99.6	85.76	74.54	48.82
Total Assets	3,858	3,511	3,248	2,520	2,165
Accounts Payable	141.87	145.55	117.66	83.38	68.78
Accrued Expenses	94.93	94.19	78.52	70.07	50.8
Current Portion of Long-Term Debt	59.01	10.32	129.77	91.45	46.11
Current Portion of Leases	39.43	31.35	19.77	17.31	19.45
Current Income Taxes Payable	6.1	1.3	4.5	10.4	7.49
Other Current Liabilities	204.79	142.9	131.89	181.32	101.87
Total Current Liabilities	546.13	425.61	482.1	453.93	294.51
Long-Term Debt	1,567	1,337	1,039	789.8	660.01
Long-Term Leases	51.86	39.67	23.76	20.61	37.2
Long-Term Deferred Tax Liabilities	71.67	64.05	45.12	-	0.02
Other Long-Term Liabilities	183.42	275.49	364.13	304.22	281.56
Total Liabilities	2,420	2,142	1,954	1,569	1,273
Common Stock	958.29	955.7	953.17	751.85	750.48
Retained Earnings	387.27	329.82	242.26	142.1	90.16
Treasury Stock	-0.17	-1.68	-0.32	-	-
Comprehensive Income & Other	62.6	64.4	88.48	39.63	40.7
Total Common Equity	1,408	1,348	1,284	933.58	881.34
Minority Interest	30.04	20.84	10.54	18.29	10.02
Shareholders' Equity	1,438	1,369	1,294	951.87	891.36
Total Liabilities & Equity	3,858	3,511	3,248	2,520	2,165
Total Debt	1,718	1,418	1,212	919.16	762.78
Net Cash (Debt)	-1,237	-1,047	-809.75	-681.96	-445.44
Net Cash Per Share	-10.68	-8.16	-7.08	-7.64	-6.21
Filing Date Shares Outstanding	115.89	115.51	115.24	87.27	86.99
Total Common Shares Outstanding	115.89	115.51	115.24	87.27	86.99
Working Capital	221.19	225.92	129.64	-60.71	251.4
Book Value Per Share	12.15	11.67	11.14	10.70	10.13
Tangible Book Value	419.54	361.84	280.86	139.92	214.34
Tangible Book Value Per Share	3.62	3.13	2.44	1.60	2.46
Land	-	-	-	0.15	0.15
Machinery	-	61.42	63.76	67.44	338.6
Construction In Progress	-	1.65	2.98	24.92	18.41

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