Lupatech 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	0.38	3.52	19.91	13.17	19.18
Short-Term Investments	-	1.14	2.07	3.98	-
Cash & Short-Term Investments	0.38	4.66	21.97	17.15	19.18
Cash Growth	-91.75%	-78.81%	28.10%	-10.54%	-43.52%
Accounts Receivable	13.95	35.43	18.14	27.13	20.94
Other Receivables	46.08	34.55	44.25	51.73	97.99
Receivables	60.03	69.98	62.39	78.86	118.93
Inventory	20.62	26.93	32.68	39.25	41.13
Prepaid Expenses	0.19	0.57	0.55	0.72	0.28
Other Current Assets	155.21	54.41	28.12	45.32	51.63
Total Current Assets	236.43	156.54	145.71	181.29	231.14
Property, Plant & Equipment	36.63	139.83	131.41	138.39	147.47
Long-Term Investments	0.23	-	-	0.04	-
Goodwill	82.17	82.17	82.17	82.17	82.17
Other Intangible Assets	0.94	0.12	0.04	0.35	1.09
Long-Term Deferred Tax Assets	68.21	68.25	56.18	56.79	-
Long-Term Deferred Charges	-	0.91	1	1.23	1.49
Other Long-Term Assets	55.49	60.97	66.26	66.64	39.67
Total Assets	480.1	508.8	482.77	526.89	503.03
Accounts Payable	26.24	17.73	15.07	15.81	11.17
Accrued Expenses	80.01	23.92	25.94	31.09	6.67
Current Portion of Long-Term Debt	61.7	56.26	50.63	54.31	38.23
Current Income Taxes Payable	-	0.07	0.02	0.02	16
Other Current Liabilities	21.59	14.42	11.25	17.43	13.23
Total Current Liabilities	189.55	112.4	102.92	118.65	85.3
Long-Term Debt	116.45	123.44	95.03	101.35	90.59
Long-Term Deferred Tax Liabilities	-	-	-	-	46.98
Other Long-Term Liabilities	99.64	134.58	125.26	119.19	135.08
Total Liabilities	405.63	370.42	323.21	339.19	357.96
Common Stock	1,928	1,922	1,921	1,899	1,897
Retained Earnings	-2,073	-2,012	-1,981	-2,042	-2,097
Comprehensive Income & Other	219.44	228.5	219.43	330.71	344.47
Total Common Equity	74.47	138.38	159.56	187.71	145.07
Shareholders' Equity	74.47	138.38	159.56	187.71	145.07
Total Liabilities & Equity	480.1	508.8	482.77	526.89	503.03
Total Debt	178.15	179.7	145.66	155.65	128.82
Net Cash (Debt)	-177.76	-175.04	-123.69	-138.5	-109.64
Net Cash Per Share	-3.81	-4.15	-3.01	-4.56	-3.78
Filing Date Shares Outstanding	46.69	42.13	41.04	30.35	29.12
Total Common Shares Outstanding	46.69	42.13	41.04	30.35	29.12
Working Capital	46.88	44.14	42.79	62.64	145.84
Book Value Per Share	1.60	3.28	3.89	6.18	4.98
Tangible Book Value	-8.64	56.09	77.36	105.19	61.82
Tangible Book Value Per Share	-0.19	1.33	1.88	3.47	2.12
Land	-	19.78	48.67	13.73	-
Buildings	-	62.99	78.21	113.15	-
Machinery	-	177.07	122.47	116.11	-
Construction In Progress	-	0.75	1.18	0.93	-
Order Backlog	-	48.4	-	-	-

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