JSL S.A. 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	Sep '25 Sep 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	284.48	442.82	610.87	475.63	152.95	64.58
Short-Term Investments	1,365	1,451	1,243	397.59	801.48	573.87
Cash & Short-Term Investments	1,650	1,894	1,854	873.21	954.43	638.44
Cash Growth	-28.66%	2.16%	112.34%	-8.51%	49.49%	-88.94%
Accounts Receivable	2,127	1,815	1,583	1,160	1,283	856.56
Other Receivables	214.06	187	162.27	190.04	277.73	272.42
Receivables	2,341	2,002	1,745	1,350	1,560	1,129
Inventory	86.83	97.19	64.84	57.64	55.88	44.85
Prepaid Expenses	60.07	37.79	28.57	25.42	20.41	14.76
Other Current Assets	518.08	587.58	286.5	99.94	63.47	73.39
Total Current Assets	4,655	4,619	3,979	2,406	2,655	1,900
Property, Plant & Equipment	5,981	6,058	5,755	4,348	3,013	1,812
Long-Term Investments	10.61	0.76	-	0.01	0.57	0.78
Goodwill	610.83	610.83	610.83	596.33	571.73	519.72
Other Intangible Assets	264.88	297.29	335.25	275.35	274.01	236.74
Long-Term Accounts Receivable	21.14	25.3	36.02	20.1	14.33	13.79
Long-Term Deferred Tax Assets	197.06	164.28	127.43	91.77	35.58	37.34
Other Long-Term Assets	717.66	705.06	1,046	504.65	558.09	318.27
Total Assets	12,459	12,480	11,889	8,242	7,122	4,839
Accounts Payable	272.1	311.79	498.31	642.26	370.9	136.58
Accrued Expenses	662.01	549.2	459.78	455.61	348.16	204.43
Short-Term Debt	-	-	-	-	-	2.04
Current Portion of Long-Term Debt	953.96	1,512	953.3	323	74.27	277
Current Portion of Leases	214.28	154.75	165.33	88.69	96.87	52.93
Current Income Taxes Payable	1.6	1.64	3.44	5.33	20.29	5.94
Other Current Liabilities	369.13	478.97	287.03	243.51	301.28	266.72
Total Current Liabilities	2,473	3,008	2,367	1,758	1,212	945.64
Long-Term Debt	6,359	5,821	5,867	3,918	3,515	2,049
Long-Term Leases	609.86	512.32	463.48	409.35	260.76	218.47
Long-Term Deferred Tax Liabilities	223.46	259.9	171.65	121.68	116.91	92.56
Other Long-Term Liabilities	957.48	1,108	1,356	622.4	688.09	467.47
Total Liabilities	10,623	10,710	10,225	6,830	5,792	3,774
Common Stock	806.69	806.69	806.69	806.69	806.69	767.23
Retained Earnings	1,047	975.3	887.66	626.04	534.25	334.78
Treasury Stock	-43.09	-42.58	-42.26	-42.21	-40.7	-40.7
Comprehensive Income & Other	25.87	30.95	11.35	23.19	29.61	2.01
Total Common Equity	1,836	1,770	1,663	1,414	1,330	1,063
Minority Interest	-	-	-	-1.1	-	1.83
Shareholders' Equity	1,836	1,770	1,663	1,413	1,330	1,065
Total Liabilities & Equity	12,459	12,480	11,889	8,242	7,122	4,839
Total Debt	8,137	8,000	7,449	4,739	3,947	2,600
Net Cash (Debt)	-6,487	-6,106	-5,595	-3,866	-2,992	-1,961
Net Cash Per Share	-22.81	-21.46	-19.66	-18.14	-14.03	-9.26
Filing Date Shares Outstanding	284.43	284.51	284.54	284.53	284.73	278.29
Total Common Shares Outstanding	284.43	284.51	284.54	284.53	284.73	278.29
Working Capital	2,182	1,610	1,612	647.75	1,443	954.79
Book Value Per Share	6.46	6.22	5.85	4.97	4.67	3.82
Tangible Book Value	960.45	862.24	717.36	542.03	484.11	306.86
Tangible Book Value Per Share	3.38	3.03	2.52	1.91	1.70	1.10
Machinery	6,388	6,581	6,201	4,788	3,517	2,217
Construction In Progress	16.99	24.04	15.27	26.01	32.36	7.1
Leasehold Improvements	430.52	368.81	340.78	326.48	325.42	259.32

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