JSL S.A. Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	300.44	241.42	442.82	610.87	475.63	152.95
Short-Term Investments	1,190	1,240	1,451	1,243	397.59	801.48
Cash & Short-Term Investments	1,491	1,481	1,894	1,854	873.21	954.43
Cash Growth	10.21%	-21.81%	2.16%	112.34%	-8.51%	49.49%
Accounts Receivable	2,191	2,177	1,815	1,583	1,160	1,283
Other Receivables	272.27	201.52	187	162.27	190.04	277.73
Receivables	2,463	2,378	2,002	1,745	1,350	1,560
Inventory	66.3	75.35	97.19	64.84	57.64	55.88
Prepaid Expenses	72.49	39.06	37.79	28.57	25.42	20.41
Other Current Assets	400.77	407.94	587.58	286.5	99.94	63.47
Total Current Assets	4,493	4,382	4,619	3,979	2,406	2,655
Property, Plant & Equipment	5,647	5,927	6,058	5,755	4,348	3,013
Long-Term Investments	23.06	11.67	0.76	-	0.01	0.57
Goodwill	610.83	610.83	610.83	610.83	596.33	571.73
Other Intangible Assets	238.98	255.7	297.29	335.25	275.35	274.01
Long-Term Accounts Receivable	16.74	15.3	25.3	36.02	20.1	14.33
Long-Term Deferred Tax Assets	348.14	227	164.28	127.43	91.77	35.58
Other Long-Term Assets	676.13	704.61	705.06	1,046	504.65	558.09
Total Assets	12,055	12,133	12,480	11,889	8,242	7,122

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	311.38	273.5	305.65	498.31	642.26	370.9
Accrued Expenses	892.06	598.78	549.2	459.78	455.61	348.16
Current Portion of Long-Term Debt	986.39	1,297	1,512	953.3	323	74.27
Current Portion of Leases	273.66	229.68	154.75	165.33	88.69	96.87
Current Income Taxes Payable	7.46	1.15	1.64	3.44	5.33	20.29
Other Current Liabilities	797.62	901.28	485.11	287.03	243.51	301.28
Total Current Liabilities	3,269	3,301	3,008	2,367	1,758	1,212
Long-Term Debt	5,793	5,728	5,821	5,867	3,918	3,515
Long-Term Leases	658.55	599.02	512.32	463.48	409.35	260.76
Long-Term Deferred Tax Liabilities	234.78	234.48	259.9	171.65	121.68	116.91
Other Long-Term Liabilities	916.64	945.4	1,108	1,356	622.4	688.09
Total Liabilities	10,872	10,809	10,710	10,225	6,830	5,792

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	806.69	806.69	806.69	806.69	806.69	806.69
Retained Earnings	337.3	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	38.78	47.67	30.95	11.35	23.19	29.61
Total Common Equity	1,183	1,325	1,770	1,663	1,414	1,330
Minority Interest	-	-	-	-	-1.1	-
Shareholders' Equity	1,183	1,325	1,770	1,663	1,413	1,330
Total Liabilities & Equity	12,055	12,133	12,480	11,889	8,242	7,122

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	7,712	7,854	8,000	7,449	4,739	3,947
Net Cash (Debt)	-6,221	-6,373	-6,106	-5,595	-3,866	-2,992
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-21.84	-22.40	-21.46	-19.66	-18.14	-14.03
Filing Date Shares Outstanding	285.37	284.44	284.51	284.54	284.53	284.73
Total Common Shares Outstanding	285.37	284.44	284.51	284.54	284.53	284.73
Working Capital	1,225	1,080	1,610	1,612	647.75	1,443
Book Value Per Share	4.14	4.66	6.22	5.85	4.97	4.67
Tangible Book Value	332.96	458.02	862.24	717.36	542.03	484.11
Tangible Book Value Per Share	1.17	1.61	3.03	2.52	1.91	1.70
Machinery	6,029	6,392	6,581	6,201	4,788	3,517
Construction In Progress	19.77	27	24.04	15.27	26.01	32.36
Leasehold Improvements	424.51	434.53	368.81	340.78	326.48	325.42