Direcional Engenharia 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	1,662	1,199	792.05	633.98	733.12	723.95
Trading Asset Securities	758.57	983.46	823.13	693.19	454.25	325.21
Cash & Short-Term Investments	2,421	2,183	1,615	1,327	1,187	1,049
Cash Growth	48.56%	35.14%	21.70%	11.77%	13.17%	13.19%
Accounts Receivable	1,608	1,439	992.82	521.95	363.37	231.76
Other Receivables	417.4	420.5	320.27	313.54	266.22	311.94
Receivables	2,025	1,859	1,313	835.49	629.6	543.7
Inventory	2,221	2,087	1,643	1,421	960.14	1,239
Total Current Assets	6,667	6,129	4,571	3,583	2,777	2,832
Property, Plant & Equipment	273.32	260.16	220.76	111.47	140.12	99.08
Long-Term Investments	341.96	354.5	312.22	169.38	143.72	117.96
Other Intangible Assets	31.38	33.06	34.05	35.58	20.95	19.01
Long-Term Accounts Receivable	1,424	1,395	854.34	471.67	321.94	244.59
Other Long-Term Assets	5,179	5,048	4,075	3,200	3,086	2,343
Total Assets	13,917	13,220	10,067	7,572	6,489	5,655
Accounts Payable	185.44	194.23	136.41	129.53	122.69	92.05
Accrued Expenses	143.92	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	282.09	274.81	202.56	234.93	309.72	26.76
Current Portion of Leases	11.84	12.69	7.91	7.46	11.32	10.09
Current Income Taxes Payable	2.3	5.11	2.05	2.34	1.92	1.03
Current Unearned Revenue	74.18	83.95	66.55	69.26	28.54	14.71
Other Current Liabilities	848.77	769.73	915.42	519.99	361.88	195.87
Total Current Liabilities	1,566	1,621	1,508	1,043	918.22	496.84
Long-Term Debt	2,794	2,484	1,347	1,088	1,080	1,114
Long-Term Leases	75.25	76.29	75.77	13.65	19.82	25.13
Long-Term Unearned Revenue	523.56	521.79	568.09	378.43	398.92	375.34
Long-Term Deferred Tax Liabilities	70.99	60.53	28.52	18.59	12.74	9.7
Other Long-Term Liabilities	6,337	6,136	4,316	2,919	2,610	2,200
Total Liabilities	11,367	10,899	7,844	5,461	5,040	4,221
Common Stock	1,182	1,182	1,182	1,182	752.98	752.98
Additional Paid-In Capital	177.69	177.69	177.69	177.69	177.69	177.69
Retained Earnings	548.2	347.64	711.71	648.81	398.43	383.15
Treasury Stock	-2.14	-22.57	-9.54	-7.75	-9.75	-7.36
Comprehensive Income & Other	223.94	232.01	-46.27	-47.2	-29.37	-27.59
Total Common Equity	2,130	1,917	2,015	1,953	1,290	1,279
Minority Interest	420.59	403.53	208.29	157.18	159.71	155.59
Shareholders' Equity	2,550	2,320	2,224	2,111	1,450	1,434
Total Liabilities & Equity	13,917	13,220	10,067	7,572	6,489	5,655
Total Debt	3,163	2,978	1,689	1,344	1,437	1,277
Net Cash (Debt)	-742.59	-795.4	-73.75	-16.98	-249.73	-227.46
Net Cash Per Share	-1.42	-1.51	-0.14	-0.03	-0.56	-0.52
Filing Date Shares Outstanding	519.9	518.96	519	518.08	446.96	447.59
Total Common Shares Outstanding	519.9	518.96	518.98	518.08	446.96	447.59
Working Capital	5,101	4,508	3,063	2,541	1,859	2,335
Book Value Per Share	4.10	3.69	3.88	3.77	2.89	2.86
Tangible Book Value	2,098	1,884	1,981	1,918	1,269	1,260
Tangible Book Value Per Share	4.04	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

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