Equatorial S.A. (BVMF:EQTL3)

Equatorial Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,862	3,306	4,612	3,166	2,997	2,220
Short-Term Investments	10,097	9,504	7,446	4,524	7,375	5,397
Accounts Receivable	10,516	9,663	9,803	9,127	6,871	4,298
Other Receivables	5,631	5,152	4,502	3,829	3,186	2,549
Inventory	244.55	150.9	135.61	278.86	203.71	47.26
Other Current Assets	1,318	750.4	1,453	763.32	1,059	134.02
Total Current Assets	32,667	28,527	27,953	21,689	21,690	14,645
Property, Plant & Equipment	7,946	8,087	7,871	5,139	282.06	48.66
Regulatory Assets	234.26	264.38	16.28	61.92	697.93	1,186
Other Intangible Assets	51,220	48,239	44,473	39,280	23,351	14,575
Long-Term Investments	7,624	6,787	24.55	67.72	170.59	130.02
Long-Term Deferred Tax Assets	3,157	3,179	2,729	2,278	939.62	-
Long-Term Accounts Receivable	17,540	14,940	15,041	15,921	12,020	11,332
Other Long-Term Assets	5,778	6,388	5,535	6,180	2,564	2,208
Total Assets	126,167	116,412	103,643	90,617	61,714	44,124
Accounts Payable	4,994	4,417	4,677	4,234	3,938	2,102
Accrued Expenses	2,985	2,937	3,877	4,008	3,031	1,267
Short-Term Debt	-	153.94	303.36	-	-	-
Current Portion of Long-Term Debt	7,514	6,227	5,063	10,851	3,593	3,112
Current Portion of Leases	11.85	11.99	15.57	29.64	25.88	11.14
Current Income Taxes Payable	569.36	141.36	132.7	343.42	216.54	169.21
Other Current Liabilities	4,785	5,716	4,080	2,633	2,185	2,048
Total Current Liabilities	20,859	19,605	18,149	22,100	12,989	8,710
Long-Term Debt	55,849	49,603	41,632	30,657	21,862	14,676
Long-Term Leases	89.17	91.86	88.74	90.23	31.74	17.72
Pension & Post-Retirement Benefits	1,039	1,052	1,320	1,113	1,082	150.6
Long-Term Deferred Tax Liabilities	3,026	2,806	2,640	2,494	2,366	1,916
Other Long-Term Liabilities	12,507	13,366	14,529	15,597	8,778	6,376
Total Liabilities	93,371	86,525	78,360	72,050	47,110	31,846
Common Stock	12,613	12,467	9,309	8,872	4,655	3,490
Retained Earnings	13,724	11,626	9,810	8,246	8,860	7,139
Treasury Stock	-47.92	-58.35	-	-642.73	-642.73	-31.73
Comprehensive Income & Other	2,260	2,079	1,974	138.97	-116.26	-134.54
Total Common Equity	28,549	26,114	21,093	16,614	12,756	10,462
Minority Interest	4,247	3,774	4,190	1,953	1,848	1,816
Shareholders' Equity	32,797	29,888	25,284	18,567	14,604	12,278
Total Liabilities & Equity	126,167	116,412	103,643	90,617	61,714	44,124
Total Debt	63,464	56,088	47,103	41,628	25,512	17,817
Net Cash (Debt)	-48,506	-43,277	-35,044	-33,937	-15,141	-10,200
Net Cash Per Share	-36.71	-34.70	-30.32	-30.69	-15.40	-10.11
Filing Date Shares Outstanding	1,255	1,249	1,147	1,100	981.67	1,009
Total Common Shares Outstanding	1,255	1,249	1,147	1,100	981.67	1,009
Working Capital	11,808	8,922	9,804	-410.55	8,701	5,935
Book Value Per Share	22.75	20.90	18.39	15.10	12.99	10.37
Tangible Book Value	-22,671	-22,125	-23,380	-22,666	-10,594	-4,112
Tangible Book Value Per Share	-18.07	-17.71	-20.38	-20.60	-10.79	-4.08
Land	-	-	-	-	122.66	-
Buildings	679.39	583.15	113.43	106.74	1.27	-
Machinery	8,589	8,321	6,074	6,020	6.97	-
Construction In Progress	114.08	385.71	2,614	94.87	100.75	-

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