Metalfrio Solutions Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	160.35	166.09	121.41	113.36	252.37
Trading Asset Securities	36.16	71.35	55.27	93.55	144.43
Cash & Short-Term Investments	196.52	237.44	176.68	206.91	396.8
Cash Growth	-17.23%	34.39%	-14.61%	-47.86%	-21.31%
Accounts Receivable	591.02	624.02	611.58	452.14	424.07
Other Receivables	133.95	140.95	135.77	135.81	129.65
Receivables	724.97	764.97	747.35	587.95	553.72
Inventory	313.43	371.34	323.35	397.33	416.93
Total Current Assets	1,235	1,374	1,247	1,192	1,367
Property, Plant & Equipment	397.25	376.46	319.12	294.37	277.06
Long-Term Investments	4.6	4.91	4.68	4.48	108.06
Goodwill	122.61	122.6	122.62	122.46	130.32
Other Intangible Assets	9.87	9.37	5.07	9.47	13.97
Long-Term Deferred Tax Assets	58.9	62.33	74.57	32.69	34.03
Long-Term Deferred Charges	36.87	29.96	16.44	17.79	19.49
Other Long-Term Assets	0.3	0.8	1.01	0.61	20.21
Total Assets	1,878	1,980	1,791	1,674	1,971
Accounts Payable	390.2	456.97	391.29	279.79	464.93
Accrued Expenses	80.61	90.67	56.2	40.06	41.05
Current Portion of Long-Term Debt	523.74	512.96	1,280	1,310	1,043
Current Portion of Leases	16.7	13.16	13.49	9.89	11.5
Current Income Taxes Payable	3.53	2.46	10.1	3.39	5.44
Other Current Liabilities	60.64	55.41	82.78	107.17	90.35
Total Current Liabilities	1,075	1,132	1,833	1,750	1,656
Long-Term Debt	269.98	340.83	218.52	195.43	380.28
Long-Term Leases	34.16	31.33	28.81	22.69	20.28
Other Long-Term Liabilities	40.03	41.97	40.36	40.04	35.84
Total Liabilities	1,420	1,546	2,121	2,008	2,092
Common Stock	494.17	487.04	244.04	244.04	244.04
Retained Earnings	21.53	-16.09	-459.53	-451.41	-242.67
Comprehensive Income & Other	-128.77	-127.52	-198.7	-199.84	-184.95
Total Common Equity	386.93	343.43	-414.19	-407.21	-183.59
Minority Interest	71.77	90.98	84.03	73.01	61.87
Shareholders' Equity	458.7	434.41	-330.16	-334.2	-121.72
Total Liabilities & Equity	1,878	1,980	1,791	1,674	1,971
Total Debt	844.57	898.29	1,540	1,538	1,455
Net Cash (Debt)	-648.06	-660.85	-1,364	-1,326	-949.84
Net Cash Per Share	-101.54	-108.25	-332.05	-322.99	-231.29
Filing Date Shares Outstanding	6.38	6.29	6.29	4.11	4.11
Total Common Shares Outstanding	6.38	6.29	4.11	4.11	4.11
Working Capital	159.49	242.11	-585.98	-557.9	-288.47
Book Value Per Share	60.62	54.63	-100.86	-99.15	-44.70
Tangible Book Value	254.45	211.46	-541.88	-539.13	-327.87
Tangible Book Value Per Share	39.87	33.64	-131.95	-131.28	-79.84
Land	29.28	28.86	25.52	25.44	27.33
Buildings	108.15	102.17	91.97	121.83	123.32
Machinery	653.89	602.55	504.73	444.28	402.48
Construction In Progress	16.41	6.05	14.38	7.3	3.16

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