Direcional Engenharia Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,576	792.05	633.98	733.12	723.95	731.57
Trading Asset Securities	873.98	823.13	693.19	454.25	325.21	195.36
Cash & Short-Term Investments	2,450	1,615	1,327	1,187	1,049	926.93
Cash Growth	58.47%	21.70%	11.77%	13.17%	13.19%	27.08%
Accounts Receivable	1,348	992.82	521.95	363.37	231.76	246.72
Other Receivables	369.82	320.27	313.54	266.22	311.94	212.76
Receivables	1,721	1,313	835.49	629.6	543.7	459.48
Inventory	1,443	1,643	1,421	960.14	1,239	1,271
Total Current Assets	5,613	4,571	3,583	2,777	2,832	2,657
Property, Plant & Equipment	266.56	220.76	111.47	140.12	99.08	89.59
Long-Term Investments	273.74	312.22	169.38	143.72	117.96	73.05
Other Intangible Assets	39.63	34.05	35.58	20.95	19.01	14.16
Long-Term Accounts Receivable	1,272	846.71	464.04	321.94	244.59	159.41
Other Long-Term Assets	4,951	4,082	3,208	3,086	2,343	2,099
Total Assets	12,416	10,067	7,572	6,489	5,655	5,092
Accounts Payable	186.16	136.41	129.53	122.69	92.05	90.09
Accrued Expenses	157.27	113.28	73.13	57.36	49.92	47.53
Short-Term Debt	79.51	55.58	43.41	16.13	100.45	72.02
Current Portion of Long-Term Debt	238.16	202.56	234.93	309.72	26.76	170.06
Current Portion of Leases	10.12	7.91	7.46	11.32	10.09	9.89
Current Income Taxes Payable	4.43	10.64	8.46	1.92	1.03	0.31
Current Unearned Revenue	96.24	66.55	69.26	28.54	14.71	22.25
Other Current Liabilities	655.51	915.42	476.58	361.88	195.87	154.35
Total Current Liabilities	1,427	1,508	1,043	918.22	496.84	572.13
Long-Term Debt	2,341	1,347	1,088	1,080	1,114	812.11
Long-Term Leases	77.32	75.77	13.65	19.82	25.13	29.68
Long-Term Unearned Revenue	632.66	568.09	378.43	398.92	375.34	372.8
Long-Term Deferred Tax Liabilities	59.31	28.52	18.59	12.74	9.7	3.59
Other Long-Term Liabilities	5,157	4,316	2,919	2,610	2,200	1,971
Total Liabilities	9,696	7,844	5,461	5,040	4,221	3,761
Common Stock	1,182	1,182	1,182	752.98	752.98	752.98
Additional Paid-In Capital	177.69	177.69	177.69	177.69	177.69	208.48
Retained Earnings	940.57	711.71	648.81	398.43	383.15	323.84
Treasury Stock	-8.04	-9.54	-7.75	-9.75	-7.36	-52.13
Comprehensive Income & Other	153.62	-46.27	-47.2	-29.37	-27.59	-14.97
Total Common Equity	2,446	2,015	1,953	1,290	1,279	1,218
Minority Interest	274.49	208.29	157.18	159.71	155.59	112.67
Shareholders' Equity	2,720	2,224	2,111	1,450	1,434	1,331
Total Liabilities & Equity	12,416	10,067	7,572	6,489	5,655	5,092
Total Debt	2,747	1,689	1,388	1,437	1,277	1,094
Net Cash (Debt)	-297.08	-73.75	-60.39	-249.73	-227.46	-166.83
Net Cash Per Share	-0.56	-0.14	-0.12	-0.56	-0.52	-0.37
Filing Date Shares Outstanding	519.96	518.98	518.08	446.96	447.59	440.12
Total Common Shares Outstanding	519.96	518.98	518.08	446.96	447.59	440.12
Working Capital	4,186	3,063	2,541	1,859	2,335	2,085
Book Value Per Share	4.70	3.88	3.77	2.89	2.86	2.77
Tangible Book Value	2,406	1,981	1,918	1,269	1,260	1,204
Tangible Book Value Per Share	4.63	3.82	3.70	2.84	2.81	2.74
Machinery	388.25	329.34	271.95	265.21	198.47	167.55
Leasehold Improvements	15.15	13.38	11.97	10.56	9.9	9.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.