BVMF:ESTR3 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	0.51	0.34	0.61	0.5	0.85	7.01
Short-Term Investments	0.66	0.74	0.88	0.92	1.76	1
Cash & Short-Term Investments	1.16	1.07	1.48	1.42	2.61	8.01
Cash Growth	1.22%	-27.58%	4.66%	-45.61%	-67.49%	140.70%
Accounts Receivable	70.82	51.88	56.27	55.92	77.01	65.98
Other Receivables	38.55	32.82	38.96	42.16	53.75	33.33
Receivables	109.37	84.7	95.23	98.08	130.76	99.31
Inventory	40.04	29.09	28.41	42.22	30.6	17.21
Other Current Assets	13.21	4.4	1.67	3.51	3.4	2.75
Total Current Assets	163.77	119.26	126.79	145.23	167.36	127.28
Property, Plant & Equipment	11.97	12.64	15.01	17.39	16.93	18.02
Long-Term Investments	5.51	4.33	2.91	4.83	6.43	-
Other Intangible Assets	1.75	1.75	1.75	1.75	1.76	1.75
Other Long-Term Assets	197.91	181.22	144.84	100.04	89.88	88.91
Total Assets	390	328.26	300.33	278.18	291.16	244.65
Accounts Payable	38.48	18.72	19.11	13.28	12.99	12.5
Accrued Expenses	314.48	704.08	616.15	564.57	551.33	513.63
Current Portion of Long-Term Debt	140.08	101.03	82.48	94.5	86.16	67.11
Current Portion of Leases	-	-	0.23	0.23	0.23	0.55
Current Income Taxes Payable	-0.02	7.99	11.44	10.53	14.51	8.86
Current Unearned Revenue	0.06	0.06	0.06	0.06	0.06	0.06
Other Current Liabilities	9.97	1.47	1.6	2.26	1.65	0.51
Total Current Liabilities	503.04	833.34	731.07	685.43	666.92	603.21
Long-Term Leases	-	-	-	-	-	-0.05
Long-Term Deferred Tax Liabilities	1.52	1.87	2.34	2.81	3.27	3.74
Other Long-Term Liabilities	84.3	47.29	96.75	97.97	120.01	132.68
Total Liabilities	588.86	882.5	830.16	786.2	790.2	739.58
Common Stock	30.6	30.6	30.6	30.6	30.6	30.6
Retained Earnings	-231.88	-587.83	-564.48	-543.57	-535.5	-532.1
Comprehensive Income & Other	2.85	3.49	4.55	5.45	6.36	7.26
Total Common Equity	-198.43	-553.74	-529.33	-507.52	-498.55	-494.23
Minority Interest	-0.43	-0.51	-0.5	-0.5	-0.5	-0.7
Shareholders' Equity	-198.86	-554.25	-529.83	-508.03	-499.04	-494.94
Total Liabilities & Equity	390	328.26	300.33	278.18	291.16	244.65
Total Debt	140.08	101.03	82.71	94.73	86.39	67.61
Net Cash (Debt)	-138.92	-99.96	-81.23	-93.32	-83.78	-59.6
Net Cash Per Share	-17.19	-12.37	-10.05	-11.54	-10.36	-7.37
Filing Date Shares Outstanding	8.08	8.08	8.08	8.08	8.08	8.08
Total Common Shares Outstanding	8.08	8.08	8.08	8.08	8.08	8.08
Working Capital	-339.27	-714.09	-604.28	-540.2	-499.56	-475.92
Book Value Per Share	-24.55	-68.50	-65.48	-62.79	-61.67	-61.14
Tangible Book Value	-200.18	-555.49	-531.07	-509.27	-500.3	-495.99
Tangible Book Value Per Share	-24.76	-68.72	-65.70	-63.00	-61.89	-61.36
Land	0.64	0.64	0.64	-	-	-
Buildings	0.3	0.3	0.3	-	-	-
Machinery	154.33	152.77	152.23	-	-	-

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