BVMF:INEP4 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.09	17.32	0.45	1.87	1.72	10.39
Short-Term Investments	-	-	0.01	-	-	0.01
Trading Asset Securities	0.33	-	-	0.17	0.2	-
Cash & Short-Term Investments	0.42	17.32	0.46	2.04	1.92	10.4
Cash Growth	-40.71%	3698.25%	-77.66%	6.36%	-81.54%	3221.09%
Accounts Receivable	7.31	4.81	2.86	0.68	6.61	4.57
Other Receivables	98.88	104.86	84.2	93.63	93.2	101.6
Receivables	106.19	109.66	87.06	94.3	99.82	106.17
Inventory	9.78	7.93	9.37	10.43	7.24	8.94
Prepaid Expenses	-	-	-	0.31	-	-
Total Current Assets	116.39	134.91	96.88	107.08	108.98	125.5
Property, Plant & Equipment	111.53	113.69	120.88	129.23	211.45	218.72
Long-Term Investments	46.26	47.24	61.88	192.22	243.7	205.83
Goodwill	-	11.69	-	391.51	-	391.51
Other Intangible Assets	11.7	0	391.52	0.06	392.26	2.85
Long-Term Accounts Receivable	-	-	134	134	134	122.88
Long-Term Deferred Charges	-	-	-	-	-	-0.54
Other Long-Term Assets	62.96	63.06	127.69	212.5	229.65	440.22
Total Assets	348.84	370.59	932.85	1,167	1,320	1,507
Accounts Payable	45.02	43.94	60.23	65.08	64.62	71.33
Accrued Expenses	173.67	105.45	159.21	-	-	149.65
Current Portion of Long-Term Debt	352.07	343.09	443.35	400.95	405.61	314.39
Current Portion of Leases	-	-	-	-	-	55.3
Current Income Taxes Payable	114.41	180.51	159.93	132.91	291.74	176.16
Current Unearned Revenue	2.72	3.23	58.34	36.01	33.14	34.8
Other Current Liabilities	238.58	229.53	374.7	441.24	418.53	227.52
Total Current Liabilities	926.47	905.73	1,256	1,076	1,214	1,029
Long-Term Debt	486.95	485.67	484.16	475.15	470.99	476.92
Long-Term Deferred Tax Liabilities	-	-	-	79.08	100.53	96.36
Other Long-Term Liabilities	701.54	677.47	566.37	660.84	1,156	1,165
Total Liabilities	2,115	2,069	2,306	2,291	2,941	2,768
Common Stock	576.17	576.17	543.69	542.63	495.46	437.53
Retained Earnings	-3,571	-3,505	-3,007	-2,772	-3,265	-2,918
Comprehensive Income & Other	1,243	1,244	1,089	1,100	1,146	1,204
Total Common Equity	-1,752	-1,685	-1,374	-1,130	-1,624	-1,277
Minority Interest	-14.48	-13.6	0.92	5	3.12	15.84
Shareholders' Equity	-1,766	-1,698	-1,373	-1,125	-1,621	-1,261
Total Liabilities & Equity	348.84	370.59	932.85	1,167	1,320	1,507
Total Debt	839.02	828.75	927.51	876.09	876.6	846.62
Net Cash (Debt)	-838.6	-811.43	-927.06	-874.05	-874.68	-836.22
Net Cash Per Share	-	-16.58	-20.78	-19.72	-23.89	-25.08
Filing Date Shares Outstanding	-	48.95	44.61	44.31	36.61	33.34
Total Common Shares Outstanding	-	48.95	44.61	44.31	36.61	33.34
Working Capital	-810.08	-770.83	-1,159	-969.1	-1,105	-903.65
Book Value Per Share	-	-42.32	-36.00	-30.83	-51.55	-47.86
Tangible Book Value	-1,763	-1,696	-1,766	-1,521	-2,016	-1,671
Tangible Book Value Per Share	-	-42.56	-44.78	-39.67	-62.26	-59.69
Land	-	14.59	14.59	14.59	-	17.4
Buildings	-	146.24	146.24	146.16	-	180.54
Machinery	-	85.26	84.11	84	-	94.1