Gafisa 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	24.51	8.95	12.32	23.01	35.42	29.04	Upgrade
Short-Term Investments	-	334.58	384.68	560.76	-	-	Upgrade
Trading Asset Securities	189.1	-	-	-	417.41	593.08	Upgrade
Cash & Short-Term Investments	213.6	343.53	397	583.77	452.84	622.12	Upgrade
Cash Growth	-11.81%	-13.47%	-31.99%	28.91%	-27.21%	50.15%	Upgrade
Accounts Receivable	949.51	812.76	712.04	679.55	425.51	487.08	Upgrade
Other Receivables	409.82	327.18	271.18	158.05	182.53	181.94	Upgrade
Receivables	1,359	1,140	983.21	837.6	608.04	669.02	Upgrade
Inventory	1,298	1,462	1,737	2,539	1,680	1,244	Upgrade
Prepaid Expenses	17.97	16.53	4.85	1.86	1.59	0.89	Upgrade
Other Current Assets	7.17	234.85	382.75	7.05	166.99	7.01	Upgrade
Total Current Assets	2,896	3,197	3,505	3,969	2,909	2,543	Upgrade
Property, Plant & Equipment	17.5	21.94	20.37	27.18	44.03	25.18	Upgrade
Long-Term Investments	649.02	635.65	443.44	589.91	672.9	307.41	Upgrade
Goodwill	-	-	-	-	161.27	-	Upgrade
Other Intangible Assets	21.97	22.3	187.78	190.24	6.54	4.53	Upgrade
Long-Term Accounts Receivable	206.82	258.23	86.56	68.33	116.22	217.17	Upgrade
Other Long-Term Assets	1,192	1,167	883.21	641.73	812.06	652.82	Upgrade
Total Assets	4,984	5,302	5,126	5,487	4,722	3,750	Upgrade
Accounts Payable	68.65	88.27	48.7	3.81	55.37	122.58	Upgrade
Accrued Expenses	90.06	6.49	7.98	7.71	24.4	16.98	Upgrade
Current Portion of Long-Term Debt	-	1,290	985.66	743.09	412	472.61	Upgrade
Current Income Taxes Payable	139.36	121.43	72.88	73.25	87.02	86.83	Upgrade
Other Current Liabilities	566.67	618.91	915.18	1,059	788.83	767.99	Upgrade
Total Current Liabilities	1,538	2,125	2,030	1,886	1,368	1,467	Upgrade
Long-Term Debt	888.04	594.11	847.88	1,247	1,171	492.51	Upgrade
Long-Term Deferred Tax Liabilities	54.54	132.31	116.47	92.44	86.7	14.65	Upgrade
Other Long-Term Liabilities	514.36	499.35	424.33	487.86	280.59	217.47	Upgrade
Total Liabilities	2,995	3,350	3,419	3,714	2,906	2,192	Upgrade
Common Stock	2,145	1,702	1,416	1,253	1,249	1,083	Upgrade
Retained Earnings	-143.85	-11.01	91.83	287.14	370.31	143.9	Upgrade
Treasury Stock	-2.63	-2.63	-2.63	-2.63	-2.63	-2.63	Upgrade
Comprehensive Income & Other	-9.3	263.23	200.97	234.65	199	337.86	Upgrade
Total Common Equity	1,989	1,951	1,706	1,772	1,815	1,562	Upgrade
Minority Interest	0.03	0.81	0.96	0.8	0.7	-3.99	Upgrade
Shareholders' Equity	1,989	1,952	1,707	1,773	1,816	1,558	Upgrade
Total Liabilities & Equity	4,984	5,302	5,126	5,487	4,722	3,750	Upgrade
Total Debt	1,561	1,884	1,834	1,990	1,583	965.12	Upgrade
Net Cash (Debt)	-1,347	-1,540	-1,437	-1,406	-1,131	-343	Upgrade
Net Cash Per Share	-	-331.39	-483.61	-751.43	-680.45	-439.44	Upgrade
Filing Date Shares Outstanding	-	5.8	3.16	2.56	1.87	1.67	Upgrade
Total Common Shares Outstanding	-	5.8	3.16	2.56	1.87	1.67	Upgrade
Working Capital	1,359	1,072	1,475	2,083	1,542	1,076	Upgrade
Book Value Per Share	-	336.69	539.69	693.49	969.14	936.38	Upgrade
Tangible Book Value	1,967	1,929	1,519	1,582	1,647	1,558	Upgrade
Tangible Book Value Per Share	-	332.84	480.30	619.04	879.55	933.67	Upgrade
Machinery	-	-	-	-	1.64	-	Upgrade
Leasehold Improvements	-	-	-	-	6.64	-	Upgrade

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