BVMF:LWSA3 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	288.6	371.93	447.38	1,188	1,448	1,584
Cash & Short-Term Investments	288.6	371.93	447.38	1,188	1,448	1,584
Cash Growth	-27.72%	-16.86%	-62.35%	-17.95%	-8.59%	291.57%
Accounts Receivable	810.83	797.63	712.42	707.56	673.17	503.56
Other Receivables	11.6	18.65	42.15	27.3	40.39	31.53
Receivables	822.43	816.28	754.57	734.86	713.55	535.08
Other Current Assets	126.25	136.7	132.59	27.32	29.36	32.43
Total Current Assets	1,237	1,325	1,335	1,950	2,191	2,152
Property, Plant & Equipment	129.5	140.84	145.04	157.64	165.35	158.31
Long-Term Investments	13.4	13.5	15.02	16.62	13.38	-
Goodwill	1,469	1,469	1,897	1,897	1,897	1,862
Other Intangible Assets	377.9	379.61	395.78	391.03	385.37	368.88
Long-Term Deferred Tax Assets	269.68	287.21	211.17	182.81	67.41	42.05
Other Long-Term Assets	23.14	23.32	11.95	8.78	7.58	4.79
Total Assets	3,520	3,638	4,011	4,604	4,727	4,588
Accounts Payable	40.11	41.06	40.48	45.58	51.3	42.08
Accrued Expenses	153.57	134.6	103.93	122.91	101.4	81.16
Current Portion of Long-Term Debt	2.92	-	0	0.06	0.38	28.72
Current Portion of Leases	18.78	18.77	14.51	13.69	11.54	9.27
Current Income Taxes Payable	0.23	0.06	-	3.07	2.88	3.89
Current Unearned Revenue	118.26	120.24	99.34	94.72	84.56	58.24
Other Current Liabilities	755.21	739.8	871.54	1,162	861.28	465.42
Total Current Liabilities	1,089	1,055	1,130	1,442	1,113	688.79
Long-Term Debt	-	-	-	-	0.04	0.32
Long-Term Leases	52.42	56.7	59.92	63.68	65.34	67.58
Long-Term Unearned Revenue	1.81	1.55	0.85	2.97	2.59	1.13
Long-Term Deferred Tax Liabilities	7.38	7.63	10.01	6	3.06	1.45
Other Long-Term Liabilities	26.1	50.1	64.2	208.04	567.39	893.34
Total Liabilities	1,177	1,170	1,265	1,722	1,752	1,653
Common Stock	2,406	2,537	2,944	3,016	3,010	3,003
Additional Paid-In Capital	11.9	11.9	11.9	11.9	11.9	11.9
Retained Earnings	53.37	31.85	2.19	-71.85	25.51	4.43
Treasury Stock	-75.64	-66.98	-215.03	-63.22	-47.48	-45.77
Comprehensive Income & Other	-52.58	-45.73	2.29	-11.02	-24.77	-38.46
Total Common Equity	2,343	2,468	2,746	2,882	2,976	2,935
Shareholders' Equity	2,343	2,468	2,746	2,882	2,976	2,935
Total Liabilities & Equity	3,520	3,638	4,011	4,604	4,727	4,588
Total Debt	74.12	75.47	74.43	77.43	77.29	105.89
Net Cash (Debt)	214.48	296.46	372.95	1,111	1,371	1,479
Net Cash Growth	-33.19%	-20.51%	-66.42%	-18.98%	-7.28%	490.16%
Net Cash Per Share	0.39	0.54	0.64	1.88	2.30	2.49
Filing Date Shares Outstanding	548.34	550.43	592.34	589.54	589.46	586.83
Total Common Shares Outstanding	548.34	550.43	592.34	589.54	589.46	586.83
Working Capital	148.21	270.38	204.73	508.84	1,078	1,463
Book Value Per Share	4.27	4.48	4.64	4.89	5.05	5.00
Tangible Book Value	496.22	619.28	452.93	594	693.12	704.47
Tangible Book Value Per Share	0.90	1.13	0.76	1.01	1.18	1.20
Machinery	428.06	428.86	406.93	386.5	376.96	343.73

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