Grupo Mateus 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	1,802	1,664	1,289	1,796	877.26
Cash & Short-Term Investments	1,802	1,664	1,289	1,796	877.26
Cash Growth	8.27%	29.09%	-28.21%	104.69%	-58.47%
Accounts Receivable	4,081	3,399	3,458	2,548	1,816
Other Receivables	1,313	605.14	419.63	379.67	67.34
Receivables	5,393	4,004	3,877	2,928	1,884
Inventory	5,170	6,047	5,088	3,985	3,499
Other Current Assets	388.28	253.52	116.48	91.32	12.67
Total Current Assets	12,754	11,969	10,371	8,800	6,272
Property, Plant & Equipment	9,402	6,418	5,581	4,221	3,489
Long-Term Investments	-	43.19	20.12	1.53	3.07
Other Intangible Assets	651.72	61.16	33.84	4.52	2.56
Long-Term Accounts Receivable	0.04	0.11	0.1	4.66	-
Long-Term Deferred Tax Assets	866.47	126.89	-	165.86	135.29
Other Long-Term Assets	678.38	340.25	351.37	66.12	52.53
Total Assets	24,352	18,959	16,357	13,264	9,955
Accounts Payable	4,430	2,904	2,921	1,996	1,057
Accrued Expenses	564.46	777.18	563.23	411.92	353.3
Current Portion of Long-Term Debt	1,205	420.99	465.4	192.83	172.83
Current Portion of Leases	262.15	79.46	35.63	80.27	61.14
Current Income Taxes Payable	333.64	82.21	42.26	21.02	-
Current Unearned Revenue	-	129.64	25.82	-	-
Other Current Liabilities	502.18	280.01	182.65	51.18	6.49
Total Current Liabilities	7,297	4,673	4,236	2,753	1,650
Long-Term Debt	1,656	1,842	1,284	1,585	869.54
Long-Term Leases	3,657	2,100	1,957	1,310	890.54
Long-Term Deferred Tax Liabilities	-	-	-	20.18	32.53
Other Long-Term Liabilities	273.57	380.45	106.53	53.14	35.47
Total Liabilities	12,884	8,996	7,584	5,722	3,478
Common Stock	8,346	8,346	8,014	4,781	4,781
Retained Earnings	2,051	1,508	617.52	2,630	1,578
Treasury Stock	-26.43	-4.09	-2.98	-	-
Comprehensive Income & Other	12.93	-	44.22	44.22	44.22
Total Common Equity	10,384	9,850	8,672	7,456	6,403
Minority Interest	1,084	113.15	101.24	86.38	73.39
Shareholders' Equity	11,468	9,963	8,774	7,542	6,477
Total Liabilities & Equity	24,352	18,959	16,357	13,264	9,955
Total Debt	6,780	4,443	3,743	3,168	1,994
Net Cash (Debt)	-4,979	-2,778	-2,453	-1,373	-1,117
Net Cash Per Share	-2.22	-1.26	-1.11	-0.62	-0.51
Filing Date Shares Outstanding	2,245	2,248	2,209	2,209	2,209
Total Common Shares Outstanding	2,245	2,248	2,209	2,209	2,209
Working Capital	5,456	7,296	6,135	6,047	4,622
Book Value Per Share	4.63	4.38	3.93	3.37	2.90
Tangible Book Value	9,732	9,789	8,638	7,451	6,401
Tangible Book Value Per Share	4.34	4.35	3.91	3.37	2.90
Land	-	259.14	291.51	202.52	191.94
Buildings	-	3,205	2,367	1,818	1,573
Machinery	-	2,007	1,709	1,388	1,001
Construction In Progress	-	415.74	570.09	511.01	554.89

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.