BVMF:LAND3 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
Property, Plant & Equipment	774.69	776.9	850.19	853.55	862.11
Cash & Equivalents	11.64	8.83	2.08	2.05	23.22
Accounts Receivable	29.18	24.42	24.7	33.54	32.33
Other Receivables	6.27	10.37	7.29	15.92	38.2
Other Current Assets	10.93	1.91	0.86	0.43	0.35
Deferred Long-Term Tax Assets	29.58	-	-	-	2.56
Other Long-Term Assets	51.68	57	57.25	69.27	51.89
Total Assets	913.96	879.44	942.36	974.76	1,011
Current Portion of Long-Term Debt	47.54	56.89	45.66	29.74	59.09
Current Portion of Leases	0.37	-	-	-	-
Long-Term Debt	21.27	42.41	64.77	-	13.28
Long-Term Leases	1.6	-	-	-	-
Accrued Expenses	4.54	3.1	3.34	1.86	0.95
Current Income Taxes Payable	1.45	0.05	2.07	5.98	4.65
Current Unearned Revenue	3.97	3.65	3.4	3.94	3.62
Other Current Liabilities	12.86	17.98	10.88	59.73	16.54
Long-Term Unearned Revenue	78.05	75.48	72.83	69.55	67.63
Long-Term Deferred Tax Liabilities	1.59	3.86	8.04	3.5	114.5
Other Long-Term Liabilities	81.97	25.6	16.96	14.53	34.3
Total Liabilities	255.21	229.02	227.94	188.83	314.57
Common Stock	650.6	673.59	673.59	673.59	673.59
Retained Earnings	-0.48	-22.99	34.75	105.63	15.83
Treasury Stock	-0.56	-0.56	-0.56	-0.56	-
Comprehensive Income & Other	9.19	0.39	6.65	7.28	6.65
Shareholders' Equity	658.75	650.42	714.42	785.93	696.06
Total Liabilities & Equity	913.96	879.44	942.36	974.76	1,011
Total Debt	70.77	99.3	110.44	29.74	72.37
Net Cash (Debt)	-59.13	-90.46	-108.35	-27.69	-49.15
Net Cash Per Share	-0.61	-0.94	-1.13	-0.29	-0.66
Filing Date Shares Outstanding	96.21	96.21	96.21	96.21	96.23
Total Common Shares Outstanding	96.21	96.21	96.21	96.21	96.23
Book Value Per Share	6.85	6.76	7.43	8.17	7.23
Tangible Book Value	658.75	650.42	714.42	785.93	696.06
Tangible Book Value Per Share	6.85	6.76	7.43	8.17	7.23
Land	762.14	766.87	839.89	843.54	852.32
Buildings	9.08	9.23	9.36	9.5	9.77

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