BVMF:ECOR3 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	1,401	2,338	3,524	1,379	2,070	1,342
Short-Term Investments	2,598	1,408	797.26	48.04	100.54	51.79
Cash & Short-Term Investments	3,998	3,745	4,322	1,427	2,171	1,394
Cash Growth	-13.79%	-13.33%	202.73%	-34.24%	55.72%	-28.95%
Accounts Receivable	602.42	485.84	480.7	325.54	204.2	183.61
Other Receivables	441.11	352.3	265.79	215.94	131.77	96.5
Receivables	1,044	838.14	746.48	541.48	335.97	280.1
Prepaid Expenses	30.22	19.29	16.85	26.18	18.99	13.44
Other Current Assets	159.43	123.39	100.81	71.26	67.73	62.53
Total Current Assets	5,232	4,726	5,186	2,066	2,594	1,750
Property, Plant & Equipment	968.63	825.86	611.64	545.88	459.85	470.42
Long-Term Investments	-	-	-	-	-	0.17
Goodwill	0.39	0.78	1.29	1.81	2.32	2.83
Other Intangible Assets	25,832	21,084	17,803	13,379	11,420	8,115
Long-Term Deferred Tax Assets	369.56	368.13	365	355.22	259.43	252.7
Other Long-Term Assets	2,718	2,291	1,993	1,761	1,658	502.16
Total Assets	35,120	29,296	25,960	18,109	16,394	11,094
Accounts Payable	415.7	424.43	457.5	281.77	220.8	135.52
Accrued Expenses	519.18	533.67	334.55	276.82	236.11	401.89
Current Portion of Long-Term Debt	1,766	5,466	3,639	2,199	3,191	1,579
Current Portion of Leases	123.4	107.74	70.86	51.25	17.57	23.41
Current Income Taxes Payable	201.57	129.71	158.02	45.39	18.08	24.97
Other Current Liabilities	441.11	393.6	619.56	446.39	397.48	354.29
Total Current Liabilities	3,467	7,055	5,279	3,300	4,081	2,519
Long-Term Debt	23,049	14,569	14,328	9,292	6,769	6,879
Long-Term Leases	122.81	134.45	117.4	103.08	8.25	16.99
Long-Term Deferred Tax Liabilities	172.53	133.67	105.32	39.61	6.49	1.55
Other Long-Term Liabilities	3,837	3,713	3,144	2,855	3,199	1,621
Total Liabilities	30,648	25,606	22,974	15,590	14,064	11,037
Common Stock	2,054	2,054	2,054	2,054	2,054	381.05
Retained Earnings	2,092	86.25	41.04	12.56	4.24	-366.49
Treasury Stock	-9.39	-9.39	-9.39	-9.39	-9.39	-9.39
Comprehensive Income & Other	71.16	1,296	652.03	246.21	71.16	51.01
Total Common Equity	4,208	3,427	2,738	2,304	2,120	56.18
Minority Interest	263.22	263.19	248.27	214.99	209.73	-
Shareholders' Equity	4,471	3,691	2,986	2,519	2,330	56.18
Total Liabilities & Equity	35,120	29,296	25,960	18,109	16,394	11,094
Total Debt	25,061	20,277	18,155	11,645	9,985	8,499
Net Cash (Debt)	-21,063	-16,532	-13,833	-10,218	-7,815	-7,105
Net Cash Per Share	-30.28	-23.77	-19.89	-14.69	-12.40	-12.73
Filing Date Shares Outstanding	695.62	695.62	695.62	695.62	695.62	557.99
Total Common Shares Outstanding	695.62	695.62	695.62	695.62	695.62	557.99
Working Capital	1,764	-2,329	-93.53	-1,234	-1,488	-768.61
Book Value Per Share	6.05	4.93	3.94	3.31	3.05	0.10
Tangible Book Value	-21,624	-17,657	-15,066	-11,077	-9,302	-8,062
Tangible Book Value Per Share	-31.09	-25.38	-21.66	-15.92	-13.37	-14.45
Land	8.12	8.12	8.07	27.3	108.41	108.3
Buildings	80.53	80.52	80.52	82.42	96.18	95.88
Machinery	1,699	1,435	1,155	954.01	871.56	815.37

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