Direcional Engenharia 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	1,199	792.05	633.98	733.12	723.95
Trading Asset Securities	983.46	823.13	693.19	454.25	325.21
Cash & Short-Term Investments	2,183	1,615	1,327	1,187	1,049
Cash Growth	35.14%	21.70%	11.77%	13.17%	13.19%
Accounts Receivable	1,439	992.82	521.95	363.37	231.76
Other Receivables	420.5	320.27	313.54	266.22	311.94
Receivables	1,859	1,313	835.49	629.6	543.7
Inventory	2,087	1,643	1,421	960.14	1,239
Total Current Assets	6,129	4,571	3,583	2,777	2,832
Property, Plant & Equipment	260.16	220.76	111.47	140.12	99.08
Long-Term Investments	354.5	312.22	169.38	143.72	117.96
Other Intangible Assets	33.06	34.05	35.58	20.95	19.01
Long-Term Accounts Receivable	1,395	854.34	471.67	321.94	244.59
Other Long-Term Assets	5,048	4,075	3,200	3,086	2,343
Total Assets	13,220	10,067	7,572	6,489	5,655
Accounts Payable	194.23	136.41	129.53	122.69	92.05
Accrued Expenses	129.45	102.57	69.83	57.36	49.92
Short-Term Debt	130.88	55.58	-	16.13	100.45
Current Portion of Long-Term Debt	274.81	202.56	234.93	309.72	26.76
Current Portion of Leases	12.69	7.91	7.46	11.32	10.09
Current Income Taxes Payable	5.11	2.05	2.34	1.92	1.03
Current Unearned Revenue	83.95	66.55	69.26	28.54	14.71
Other Current Liabilities	769.73	915.42	519.99	361.88	195.87
Total Current Liabilities	1,621	1,508	1,043	918.22	496.84
Long-Term Debt	2,484	1,347	1,088	1,080	1,114
Long-Term Leases	76.29	75.77	13.65	19.82	25.13
Long-Term Unearned Revenue	521.79	568.09	378.43	398.92	375.34
Long-Term Deferred Tax Liabilities	60.53	28.52	18.59	12.74	9.7
Other Long-Term Liabilities	6,136	4,316	2,919	2,610	2,200
Total Liabilities	10,899	7,844	5,461	5,040	4,221
Common Stock	1,182	1,182	1,182	752.98	752.98
Additional Paid-In Capital	177.69	177.69	177.69	177.69	177.69
Retained Earnings	347.64	711.71	648.81	398.43	383.15
Treasury Stock	-22.57	-9.54	-7.75	-9.75	-7.36
Comprehensive Income & Other	232.01	-46.27	-47.2	-29.37	-27.59
Total Common Equity	1,917	2,015	1,953	1,290	1,279
Minority Interest	403.53	208.29	157.18	159.71	155.59
Shareholders' Equity	2,320	2,224	2,111	1,450	1,434
Total Liabilities & Equity	13,220	10,067	7,572	6,489	5,655
Total Debt	2,978	1,689	1,344	1,437	1,277
Net Cash (Debt)	-795.4	-73.75	-16.98	-249.73	-227.46
Net Cash Per Share	-1.51	-0.14	-0.03	-0.56	-0.52
Filing Date Shares Outstanding	518.96	519	518.08	446.96	447.59
Total Common Shares Outstanding	518.96	518.98	518.08	446.96	447.59
Working Capital	4,508	3,063	2,541	1,859	2,335
Book Value Per Share	3.69	3.88	3.77	2.89	2.86
Tangible Book Value	1,884	1,981	1,918	1,269	1,260
Tangible Book Value Per Share	3.63	3.82	3.70	2.84	2.81
Machinery	393.95	329.34	271.95	265.21	198.47
Leasehold Improvements	16.41	13.38	11.97	10.56	9.9

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