BVMF:GOLL54 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	2,727	2,061	323.93	169.04	486.26	662.83
Short-Term Investments	-	273.82	315.9	404.11	291.36	984.11
Cash & Short-Term Investments	3,038	2,335	639.83	573.15	777.62	1,647
Cash Growth	74.80%	264.98%	11.63%	-26.30%	-52.78%	-36.64%
Accounts Receivable	3,580	3,155	825.2	887.73	850.68	739.7
Other Receivables	588.71	515.1	469.54	394.62	323.69	331.78
Receivables	4,168	3,671	1,295	1,282	1,174	1,071
Inventory	419.8	432.25	397.22	438.87	269.59	195.64
Other Current Assets	745.34	723.87	696.47	699.18	466.46	331.3
Total Current Assets	8,371	7,162	3,028	2,994	2,688	3,245
Property, Plant & Equipment	11,376	10,448	8,668	9,116	7,176	4,781
Long-Term Investments	104.03	158.7	142.64	19.31	82.33	190.65
Goodwill	542.3	542.3	542.3	542.3	542.3	542.3
Other Intangible Assets	1,561	1,510	1,395	1,321	1,281	1,205
Long-Term Deferred Tax Assets	0.03	0.1	0.16	77.25	75.8	53.56
Other Long-Term Assets	4,765	4,166	2,950	2,902	2,557	2,796
Total Assets	26,719	23,986	16,726	16,970	14,402	12,814
Accounts Payable	2,316	2,573	1,858	2,304	1,843	1,613
Accrued Expenses	2,104	1,875	1,863	2,010	1,407	1,316
Short-Term Debt	-	25.62	118.9	77.19	138.03	783.66
Current Portion of Long-Term Debt	665.3	11,642	1,152	1,050	496.58	1,570
Current Portion of Leases	1,601	3,148	1,921	1,948	2,058	1,317
Current Income Taxes Payable	-	0.17	8.54	22.13	0.37	0.01
Current Unearned Revenue	5,661	5,668	5,045	5,434	4,206	3,337
Other Current Liabilities	950.71	1,423	1,034	1,015	932.58	461.95
Total Current Liabilities	13,298	26,354	13,002	13,861	11,082	10,398
Long-Term Debt	14,871	10,999	14,333	10,858	11,265	7,624
Long-Term Leases	8,931	10,063	7,790	9,259	8,705	6,267
Long-Term Unearned Revenue	173.75	158.31	239.21	292.46	318.35	322.46
Pension & Post-Retirement Benefits	172.6	148.24	170.58	113.4	75.44	99.55
Long-Term Deferred Tax Liabilities	346.94	259.48	198.52	36.35	0.41	219.63
Other Long-Term Liabilities	4,545	5,095	4,161	3,909	4,009	1,650
Total Liabilities	42,338	53,077	39,893	38,329	35,456	26,581
Common Stock	4,046	4,203	4,198	4,198	4,197	3,165
Additional Paid-In Capital	13,453	76.34	82.36	955.74	11.02	17.5
Retained Earnings	-32,965	-33,058	-26,991	-25,768	-24,207	-16,985
Treasury Stock	-0.07	-0.07	-1.71	-38.91	-41.51	-62.22
Comprehensive Income & Other	-152.58	-311.58	-455.28	-705.16	-1,013	-542.06
Total Common Equity	-15,619	-29,091	-23,167	-21,359	-21,054	-14,407
Minority Interest	-	-	-	-	-	640.03
Shareholders' Equity	-15,619	-29,091	-23,167	-21,359	-21,054	-13,767
Total Liabilities & Equity	26,719	23,986	16,726	16,970	14,402	12,814
Total Debt	26,068	35,876	25,314	23,192	22,663	17,561
Net Cash (Debt)	-23,030	-33,541	-24,674	-22,619	-21,885	-15,914
Net Cash Per Share	-0.02	-79.78	-58.94	-55.32	-58.00	-44.73
Filing Date Shares Outstanding	1,203,351	420.41	418.69	417.51	394.96	354.02
Total Common Shares Outstanding	1,203,351	420.41	418.69	417.51	394.96	354.02
Working Capital	-4,926	-19,192	-9,973	-10,868	-8,394	-7,153
Book Value Per Share	-0.01	-69.20	-55.33	-51.16	-53.31	-40.70
Tangible Book Value	-17,722	-31,143	-25,105	-23,222	-22,877	-16,154
Tangible Book Value Per Share	-0.01	-74.08	-59.96	-55.62	-57.92	-45.63
Machinery	8,149	4,436	3,515	3,672	5,392	5,349
Construction In Progress	68.38	36.14	15.05	14.46	15.41	14.84
Leasehold Improvements	-	186.6	185.93	185.62	183.35	183.35

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