JSL S.A. 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	241.42	442.82	610.87	475.63	152.95
Short-Term Investments	1,240	1,451	1,243	397.59	801.48
Cash & Short-Term Investments	1,481	1,894	1,854	873.21	954.43
Cash Growth	-21.81%	2.16%	112.34%	-8.51%	49.49%
Accounts Receivable	2,177	1,815	1,583	1,160	1,283
Other Receivables	201.52	187	162.27	190.04	277.73
Receivables	2,378	2,002	1,745	1,350	1,560
Inventory	75.35	97.19	64.84	57.64	55.88
Prepaid Expenses	39.06	37.79	28.57	25.42	20.41
Other Current Assets	407.94	587.58	286.5	99.94	63.47
Total Current Assets	4,382	4,619	3,979	2,406	2,655
Property, Plant & Equipment	5,927	6,058	5,755	4,348	3,013
Long-Term Investments	11.67	0.76	-	0.01	0.57
Goodwill	610.83	610.83	610.83	596.33	571.73
Other Intangible Assets	255.7	297.29	335.25	275.35	274.01
Long-Term Accounts Receivable	15.3	25.3	36.02	20.1	14.33
Long-Term Deferred Tax Assets	227	164.28	127.43	91.77	35.58
Other Long-Term Assets	704.61	705.06	1,046	504.65	558.09
Total Assets	12,133	12,480	11,889	8,242	7,122
Accounts Payable	273.5	305.65	498.31	642.26	370.9
Accrued Expenses	598.78	549.2	459.78	455.61	348.16
Current Portion of Long-Term Debt	1,297	1,512	953.3	323	74.27
Current Portion of Leases	229.68	154.75	165.33	88.69	96.87
Current Income Taxes Payable	1.15	1.64	3.44	5.33	20.29
Other Current Liabilities	901.28	485.11	287.03	243.51	301.28
Total Current Liabilities	3,301	3,008	2,367	1,758	1,212
Long-Term Debt	5,728	5,821	5,867	3,918	3,515
Long-Term Leases	599.02	512.32	463.48	409.35	260.76
Long-Term Deferred Tax Liabilities	234.48	259.9	171.65	121.68	116.91
Other Long-Term Liabilities	945.4	1,108	1,356	622.4	688.09
Total Liabilities	10,809	10,710	10,225	6,830	5,792
Common Stock	806.69	806.69	806.69	806.69	806.69
Retained Earnings	513.28	975.3	887.66	626.04	534.25
Treasury Stock	-43.09	-42.58	-42.26	-42.21	-40.7
Comprehensive Income & Other	47.67	30.95	11.35	23.19	29.61
Total Common Equity	1,325	1,770	1,663	1,414	1,330
Minority Interest	-	-	-	-1.1	-
Shareholders' Equity	1,325	1,770	1,663	1,413	1,330
Total Liabilities & Equity	12,133	12,480	11,889	8,242	7,122
Total Debt	7,854	8,000	7,449	4,739	3,947
Net Cash (Debt)	-6,373	-6,106	-5,595	-3,866	-2,992
Net Cash Per Share	-22.40	-21.46	-19.66	-18.14	-14.03
Filing Date Shares Outstanding	284.44	284.51	284.54	284.53	284.73
Total Common Shares Outstanding	284.44	284.51	284.54	284.53	284.73
Working Capital	1,080	1,610	1,612	647.75	1,443
Book Value Per Share	4.66	6.22	5.85	4.97	4.67
Tangible Book Value	458.02	862.24	717.36	542.03	484.11
Tangible Book Value Per Share	1.61	3.03	2.52	1.91	1.70
Machinery	6,392	6,581	6,201	4,788	3,517
Construction In Progress	27	24.04	15.27	26.01	32.36
Leasehold Improvements	434.53	368.81	340.78	326.48	325.42

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