BVMF:FESA4 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	Jun '26 Jun 30, 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	276.06	372.72	464.09	341.79	474.1	216.51
Short-Term Investments	520.33	616.87	382.66	-	393.46	385.73
Trading Asset Securities	-	-	-	463.3	-	-
Cash & Short-Term Investments	796.39	989.6	846.75	805.09	867.56	602.24
Cash Growth	-18.06%	16.87%	5.17%	-7.20%	44.06%	113.31%
Accounts Receivable	218.12	198.18	200.71	197.57	211.93	288
Other Receivables	85.48	83.05	120.95	44.62	18.32	69.15
Receivables	303.6	281.23	321.66	242.18	230.26	357.15
Inventory	525.08	487	556.13	519.15	579.16	421.4
Prepaid Expenses	7.67	4	2.9	6.04	5.6	7.78
Other Current Assets	24.38	23.25	18.3	11.8	12.37	13.28
Total Current Assets	1,657	1,785	1,746	1,584	1,695	1,402
Property, Plant & Equipment	2,469	2,446	2,246	2,111	1,860	1,703
Long-Term Investments	181.72	177.76	353.8	367.67	417.69	211.53
Other Intangible Assets	-	20.79	21.55	21.89	13.75	3.56
Long-Term Deferred Tax Assets	-	-	-	-	17.85	16.98
Other Long-Term Assets	28.79	30.1	21	25.4	62.94	59.25
Total Assets	4,336	4,459	4,388	4,111	4,067	3,397
Accounts Payable	148.35	175.16	127.1	147.83	129.64	110.71
Accrued Expenses	59.43	117.59	134.65	122.73	161.25	136.87
Current Portion of Long-Term Debt	55.39	31.63	260.79	72.22	69.83	75.23
Current Portion of Leases	21.94	29.19	43.4	44.63	27.42	12.62
Current Income Taxes Payable	30.54	0.05	0.01	0.02	29.3	46.81
Current Unearned Revenue	-	9.92	10.46	29.42	61.21	4.89
Other Current Liabilities	143.61	219	76.06	82.29	27.3	87.61
Total Current Liabilities	459.26	582.55	652.46	499.15	505.95	474.74
Long-Term Debt	297.85	332.62	159.77	199.16	268.16	330.09
Long-Term Leases	16.36	18.24	19.54	26.45	22.66	12.84
Pension & Post-Retirement Benefits	77.61	72.41	70.88	58.55	45.96	65.05
Long-Term Deferred Tax Liabilities	16.34	7.78	8.5	4.32	1.02	-
Other Long-Term Liabilities	179.76	159.85	135.95	131.57	182.74	143.59
Total Liabilities	1,047	1,173	1,047	919.21	1,026	1,026
Common Stock	1,470	1,470	1,470	1,470	1,225	1,225
Retained Earnings	1,817	1,814	1,860	1,705	1,793	1,129
Treasury Stock	-35.8	-35.8	-25.61	-25.75	-25.75	-25.75
Comprehensive Income & Other	35.56	35.56	34.57	40.36	47.4	40.27
Total Common Equity	3,287	3,284	3,339	3,190	3,040	2,369
Minority Interest	1.83	1.68	1.52	1.39	1.21	1.06
Shareholders' Equity	3,289	3,286	3,341	3,191	3,041	2,370
Total Liabilities & Equity	4,336	4,459	4,388	4,111	4,067	3,397
Total Debt	391.54	411.67	483.5	342.47	388.07	430.77
Net Cash (Debt)	404.85	577.92	363.25	462.62	479.49	171.47
Net Cash Growth	-35.49%	59.10%	-21.48%	-3.52%	179.64%	-
Net Cash Per Share	1.19	1.71	1.07	1.36	1.41	0.50
Filing Date Shares Outstanding	338.87	338.87	340.39	340.39	340.39	340.39
Total Common Shares Outstanding	338.87	338.87	340.39	340.39	340.39	340.39
Working Capital	1,198	1,203	1,093	1,085	1,189	927.12
Book Value Per Share	9.70	9.69	9.81	9.37	8.93	6.96
Tangible Book Value	3,287	3,264	3,318	3,168	3,026	2,366
Tangible Book Value Per Share	9.70	9.63	9.75	9.31	8.89	6.95
Land	-	163.72	159.99	174.74	147.7	147.7
Buildings	-	527.16	503.69	409.37	394.54	384.22
Machinery	-	2,003	1,847	1,715	1,544	1,503
Construction In Progress	-	-	-	-	-	158.33