BVMF:LWSA3 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	371.93	447.38	1,188	1,448	1,584
Cash & Short-Term Investments	371.93	447.38	1,188	1,448	1,584
Cash Growth	-16.86%	-62.35%	-17.95%	-8.59%	291.57%
Accounts Receivable	797.63	712.42	707.56	673.17	503.56
Other Receivables	18.65	42.15	27.3	40.39	31.53
Receivables	816.28	754.57	734.86	713.55	535.08
Other Current Assets	136.7	132.59	27.32	29.36	32.43
Total Current Assets	1,325	1,335	1,950	2,191	2,152
Property, Plant & Equipment	140.84	145.04	157.64	165.35	158.31
Long-Term Investments	13.5	15.02	16.62	13.38	-
Goodwill	1,469	1,897	1,897	1,897	1,862
Other Intangible Assets	379.61	395.78	391.03	385.37	368.88
Long-Term Deferred Tax Assets	287.21	211.17	182.81	67.41	42.05
Other Long-Term Assets	23.32	11.95	8.78	7.58	4.79
Total Assets	3,638	4,011	4,604	4,727	4,588
Accounts Payable	41.06	40.48	45.58	51.3	42.08
Accrued Expenses	134.6	103.93	122.91	101.4	81.16
Current Portion of Long-Term Debt	-	0	0.06	0.38	28.72
Current Portion of Leases	18.77	14.51	13.69	11.54	9.27
Current Income Taxes Payable	0.06	-	3.07	2.88	3.89
Current Unearned Revenue	120.24	99.34	94.72	84.56	58.24
Other Current Liabilities	739.8	871.54	1,162	861.28	465.42
Total Current Liabilities	1,055	1,130	1,442	1,113	688.79
Long-Term Debt	-	-	-	0.04	0.32
Long-Term Leases	56.7	59.92	63.68	65.34	67.58
Long-Term Unearned Revenue	1.55	0.85	2.97	2.59	1.13
Long-Term Deferred Tax Liabilities	7.63	10.01	6	3.06	1.45
Other Long-Term Liabilities	50.1	64.2	208.04	567.39	893.34
Total Liabilities	1,170	1,265	1,722	1,752	1,653
Common Stock	2,537	2,944	3,016	3,010	3,003
Additional Paid-In Capital	11.9	11.9	11.9	11.9	11.9
Retained Earnings	31.85	2.19	-71.85	25.51	4.43
Treasury Stock	-66.98	-215.03	-63.22	-47.48	-45.77
Comprehensive Income & Other	-45.73	2.29	-11.02	-24.77	-38.46
Total Common Equity	2,468	2,746	2,882	2,976	2,935
Shareholders' Equity	2,468	2,746	2,882	2,976	2,935
Total Liabilities & Equity	3,638	4,011	4,604	4,727	4,588
Total Debt	75.47	74.43	77.43	77.29	105.89
Net Cash (Debt)	296.46	372.95	1,111	1,371	1,479
Net Cash Growth	-20.51%	-66.42%	-18.98%	-7.28%	490.16%
Net Cash Per Share	0.54	0.64	1.88	2.30	2.49
Filing Date Shares Outstanding	550.43	592.34	589.54	589.46	586.83
Total Common Shares Outstanding	550.43	592.34	589.54	589.46	586.83
Working Capital	270.38	204.73	508.84	1,078	1,463
Book Value Per Share	4.48	4.64	4.89	5.05	5.00
Tangible Book Value	619.28	452.93	594	693.12	704.47
Tangible Book Value Per Share	1.13	0.76	1.01	1.18	1.20
Machinery	428.86	406.93	386.5	376.96	343.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.