IRB-Brasil Resseguros 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
Investments in Debt Securities	-	-	-	-	-	4,837
Investments in Equity & Preferred Securities	-	-	-	-	-	22.12
Other Investments	5,235	5,382	8,512	8,091	6,113	700.86
Total Investments	8,575	8,752	9,152	8,362	9,052	9,006
Cash & Equivalents	79.56	11.23	18.86	20.34	17.79	38.77
Reinsurance Recoverable	3,125	3,150	3,470	2,984	3,345	6,612
Other Receivables	55.04	77.55	37.99	45.55	65.9	3,325
Deferred Policy Acquisition Cost	-	-	-	-	-	127.7
Property, Plant & Equipment	35.82	38.06	42.97	51.82	29.46	64.5
Other Intangible Assets	100.02	101.51	130.6	118.97	105.83	85.12
Other Current Assets	12.23	14.5	5.45	20.69	6.26	73.72
Long-Term Deferred Tax Assets	-	2,280	2,401	-	-	2,068
Other Long-Term Assets	3,463	1,219	1,188	3,882	3,813	1,273
Total Assets	15,446	15,644	16,447	15,486	16,436	22,674
Accounts Payable	181.08	22.93	28.89	-	-	9.57
Accrued Expenses	94.86	145.45	138.04	87.17	86.46	249.67
Insurance & Annuity Liabilities	-	-	-	-	-	225.17
Unpaid Claims	-	-	-	-	-	11,998
Unearned Premiums	72.6	84.46	57.37	89.99	90.46	3,215
Reinsurance Payable	8,980	9,240	10,200	9,834	10,388	1,892
Current Portion of Long-Term Debt	-	255.32	246.11	3.74	466.9	10.35
Current Portion of Leases	-	1.31	0.78	-	-	1.26
Current Income Taxes Payable	52	60.64	35.03	73.38	31.47	35.28
Long-Term Debt	-	-	242.87	542.47	440.71	819.11
Long-Term Leases	-	20.24	20.99	23.05	19.72	4.43
Other Current Liabilities	22.53	82.24	30.09	97.93	64.6	9.97
Other Long-Term Liabilities	67.95	53.74	185.99	113.64	136.41	154.61
Total Liabilities	10,131	10,361	11,521	11,229	12,095	19,040
Common Stock	5,379	5,453	5,453	5,453	5,453	4,253
Additional Paid-In Capital	-	-	-	-	-	1.01
Retained Earnings	523.28	507.28	447.58	-359.03	-215.7	148.67
Treasury Stock	-11.69	-11.69	-283.76	-283.76	-283.76	-283.76
Comprehensive Income & Other	-575.93	-665.98	-690.84	-552.9	-612.15	-484.63
Shareholders' Equity	5,315	5,283	4,926	4,257	4,341	3,634
Total Liabilities & Equity	15,446	15,644	16,447	15,486	16,436	22,674
Filing Date Shares Outstanding	81.36	81.62	81.84	81.84	81.87	41.84
Total Common Shares Outstanding	81.36	81.62	81.84	81.84	81.87	41.84
Total Debt	263.87	276.87	510.75	569.25	927.33	835.14
Net Cash (Debt)	-184.31	-265.64	-491.89	-548.92	-909.54	-796.37
Net Cash Per Share	-2.26	-3.25	-6.01	-6.71	-21.75	-19.03
Book Value Per Share	65.32	64.72	60.19	52.02	53.03	86.86
Tangible Book Value	5,215	5,181	4,795	4,138	4,236	3,549
Tangible Book Value Per Share	64.09	63.48	58.59	50.57	51.74	84.82
Land	-	-	-	-	-	66.77
Machinery	-	32.94	32.72	34.68	30.22	49.87

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