BVMF:INEP3 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	Jun '25 Jun 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	11.83	0.13	1.87	1.72	10.39	0.3
Short-Term Investments	-	-	-	-	0.01	0.01
Trading Asset Securities	0.13	0.32	0.17	0.2	-	-
Cash & Short-Term Investments	11.96	0.45	2.04	1.92	10.4	0.31
Cash Growth	828.57%	-78.10%	6.36%	-81.54%	3221.09%	-99.08%
Accounts Receivable	12.7	2.87	0.68	6.61	4.57	501.51
Other Receivables	116.8	84.2	93.63	93.2	101.6	41.31
Receivables	129.51	87.07	94.3	99.82	106.17	542.82
Inventory	12.69	9.37	10.43	7.24	8.94	5.83
Prepaid Expenses	-	-	0.31	-	-	-
Total Current Assets	154.15	96.88	107.08	108.98	125.5	548.97
Property, Plant & Equipment	117.38	120.88	129.23	211.45	218.72	220.42
Long-Term Investments	52.47	61.88	192.22	243.7	205.83	204.92
Goodwill	11.69	391.51	391.51	-	391.51	391.51
Other Intangible Assets	0	0	0.06	392.26	2.85	4.42
Long-Term Accounts Receivable	-	134	134	134	122.88	0.48
Long-Term Deferred Charges	-	-	-	-	-0.54	-0.01
Other Long-Term Assets	104.58	127.69	212.5	229.65	440.22	259.07
Total Assets	440.27	932.85	1,167	1,320	1,507	1,630
Accounts Payable	80.75	60.23	65.08	64.62	71.33	91.37
Accrued Expenses	179.6	-	-	-	149.65	1,479
Current Portion of Long-Term Debt	441.77	443.35	400.95	405.61	314.39	369.26
Current Portion of Leases	-	-	-	-	55.3	50.25
Current Income Taxes Payable	83.97	159.93	132.91	291.74	176.16	103.68
Current Unearned Revenue	37.23	58.34	36.01	33.14	34.8	38.74
Other Current Liabilities	361.61	533.91	441.24	418.53	227.52	363.17
Total Current Liabilities	1,185	1,256	1,076	1,214	1,029	2,496
Long-Term Debt	483.02	484.16	475.15	470.99	476.92	511.84
Long-Term Leases	-	-	-	-	-	27.48
Long-Term Deferred Tax Liabilities	-	-	79.08	100.53	96.36	55.69
Other Long-Term Liabilities	563.37	641.45	660.84	1,156	1,165	1,113
Total Liabilities	2,231	2,381	2,291	2,941	2,768	4,204
Common Stock	543.69	543.69	542.63	495.46	437.53	429.21
Retained Earnings	-3,427	-3,082	-2,772	-3,265	-2,918	-4,212
Comprehensive Income & Other	1,095	1,089	1,100	1,146	1,204	1,207
Total Common Equity	-1,788	-1,449	-1,130	-1,624	-1,277	-2,575
Minority Interest	-2.62	0.92	5	3.12	15.84	0.87
Shareholders' Equity	-1,791	-1,449	-1,125	-1,621	-1,261	-2,574
Total Liabilities & Equity	440.27	932.85	1,167	1,320	1,507	1,630
Total Debt	924.79	927.51	876.09	876.6	846.62	958.83
Net Cash (Debt)	-912.83	-927.07	-874.05	-874.68	-836.22	-958.51
Net Cash Per Share	-20.46	-20.78	-19.72	-23.89	-25.08	-29.21
Filing Date Shares Outstanding	44.61	44.61	44.31	36.61	33.34	32.82
Total Common Shares Outstanding	44.61	44.61	44.31	36.61	33.34	32.82
Working Capital	-1,031	-1,159	-969.1	-1,105	-903.65	-1,947
Book Value Per Share	-45.41	-37.68	-30.83	-51.55	-47.86	-88.19
Tangible Book Value	-1,800	-1,841	-1,521	-2,016	-1,671	-2,971
Tangible Book Value Per Share	-45.67	-46.46	-39.67	-62.26	-59.69	-100.25
Land	14.59	14.59	14.59	-	17.4	17.4
Buildings	146.24	146.24	146.16	-	180.54	178.83
Machinery	84.14	84.11	84	-	94.1	110.86

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