BVMF:INEP4 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	17.32	0.45	1.87	1.72	10.39
Short-Term Investments	-	0.01	-	-	0.01
Trading Asset Securities	-	-	0.17	0.2	-
Cash & Short-Term Investments	17.32	0.46	2.04	1.92	10.4
Cash Growth	3698.25%	-77.66%	6.36%	-81.54%	3221.09%
Accounts Receivable	4.81	2.86	0.68	6.61	4.57
Other Receivables	104.86	84.2	93.63	93.2	101.6
Receivables	109.66	87.06	94.3	99.82	106.17
Inventory	7.93	9.37	10.43	7.24	8.94
Prepaid Expenses	-	-	0.31	-	-
Total Current Assets	134.91	96.88	107.08	108.98	125.5
Property, Plant & Equipment	113.69	120.88	129.23	211.45	218.72
Long-Term Investments	47.24	61.88	192.22	243.7	205.83
Goodwill	11.69	-	391.51	-	391.51
Other Intangible Assets	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	63.06	127.69	212.5	229.65	440.22
Total Assets	370.59	932.85	1,167	1,320	1,507
Accounts Payable	43.94	60.23	65.08	64.62	71.33
Accrued Expenses	105.45	159.21	-	-	149.65
Current Portion of Long-Term Debt	343.09	443.35	400.95	405.61	314.39
Current Portion of Leases	-	-	-	-	55.3
Current Income Taxes Payable	180.51	159.93	132.91	291.74	176.16
Current Unearned Revenue	3.23	58.34	36.01	33.14	34.8
Other Current Liabilities	229.53	374.7	441.24	418.53	227.52
Total Current Liabilities	905.73	1,256	1,076	1,214	1,029
Long-Term Debt	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	677.47	566.37	660.84	1,156	1,165
Total Liabilities	2,069	2,306	2,291	2,941	2,768
Common Stock	576.17	543.69	542.63	495.46	437.53
Retained Earnings	-3,505	-3,007	-2,772	-3,265	-2,918
Comprehensive Income & Other	1,244	1,089	1,100	1,146	1,204
Total Common Equity	-1,685	-1,374	-1,130	-1,624	-1,277
Minority Interest	-13.6	0.92	5	3.12	15.84
Shareholders' Equity	-1,698	-1,373	-1,125	-1,621	-1,261
Total Liabilities & Equity	370.59	932.85	1,167	1,320	1,507
Total Debt	828.75	927.51	876.09	876.6	846.62
Net Cash (Debt)	-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	-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	-1,696	-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

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