BVMF:MILS3 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	540.96	434.42	542.46	546.89	780.13	202.72
Short-Term Investments	182.96	155.83	226.36	-	-	-
Cash & Short-Term Investments	723.92	590.24	768.82	546.89	780.13	202.72
Cash Growth	1.12%	-23.23%	40.58%	-29.90%	284.83%	-46.50%
Accounts Receivable	463.74	490.67	403.64	319.82	247.11	155.23
Other Receivables	44.68	80.3	122.06	36.35	30.24	14.84
Receivables	508.41	570.97	525.71	356.17	277.35	170.07
Inventory	103.92	107.41	113.2	72.07	75.19	74.09
Other Current Assets	87.36	85.9	125.29	40.19	49.35	31.37
Total Current Assets	1,424	1,355	1,533	1,015	1,182	478.25
Property, Plant & Equipment	2,262	2,237	1,855	1,239	912.6	442.44
Long-Term Investments	-	-	-	0	0	34.01
Goodwill	-	203.6	199.52	120.99	120.99	134.77
Other Intangible Assets	333.68	130.27	110.88	79.98	63.59	39.51
Long-Term Deferred Tax Assets	118.78	113.23	170.29	223.51	268.29	310.88
Other Long-Term Assets	193.77	69.77	74.22	61.82	40.95	10.1
Total Assets	4,332	4,109	3,943	2,740	2,588	1,450
Accounts Payable	153.72	158.17	129.76	103.2	224.8	43.18
Accrued Expenses	122.59	117.05	90.46	78.73	75.6	48.97
Current Portion of Long-Term Debt	83.47	81.81	307.6	152.92	79.19	52.15
Current Portion of Leases	41.93	39.32	38.28	28.72	28.31	15.94
Current Income Taxes Payable	12.22	2.4	2.4	3.89	6.54	8.98
Other Current Liabilities	229.14	218.21	86.11	19.74	2.49	14.07
Total Current Liabilities	643.08	616.96	654.62	387.21	416.93	183.29
Long-Term Debt	1,687	1,694	1,493	758.2	805.45	96.11
Long-Term Leases	62.54	56.02	56.3	57.93	59.29	37.3
Pension & Post-Retirement Benefits	4.53	4.28	7.75	11.32	11.25	8.92
Long-Term Deferred Tax Liabilities	36.77	33.04	20.45	-	-	-
Other Long-Term Liabilities	117.16	126.94	188.9	64.13	56.15	31.37
Total Liabilities	2,551	2,531	2,421	1,279	1,349	356.99
Common Stock	1,092	1,092	1,092	1,092	1,092	1,090
Additional Paid-In Capital	0	49.4	41.87	36.14	19.93	61.63
Retained Earnings	859.94	662.96	617.23	403.38	203.63	44.42
Treasury Stock	-65.39	-72.52	-71.62	-36.24	-41.47	-70.16
Comprehensive Income & Other	-108.32	-156.77	-159.81	-35.68	-36.45	-35.5
Total Common Equity	1,778	1,575	1,519	1,459	1,237	1,091
Minority Interest	3.21	3.17	2.75	2.45	2.17	2.23
Shareholders' Equity	1,781	1,578	1,522	1,462	1,239	1,093
Total Liabilities & Equity	4,332	4,109	3,943	2,740	2,588	1,450
Total Debt	1,875	1,871	1,895	997.78	972.24	201.5
Net Cash (Debt)	-1,151	-1,281	-1,127	-450.89	-192.11	1.22
Net Cash Growth	-	-	-	-	-	-98.94%
Net Cash Per Share	-4.76	-5.32	-4.70	-1.84	-0.92	0.01
Filing Date Shares Outstanding	226.95	226.68	226.93	241.5	240.81	243.44
Total Common Shares Outstanding	226.95	226.68	226.93	241.5	240.81	243.44
Working Capital	780.54	737.56	878.39	628.1	765.09	294.96
Book Value Per Share	7.83	6.95	6.69	6.04	5.14	4.48
Tangible Book Value	1,444	1,241	1,209	1,258	1,053	916.45
Tangible Book Value Per Share	6.36	5.47	5.33	5.21	4.37	3.76
Buildings	-	21.14	21.14	21.12	21.12	21.12
Machinery	-	3,931	3,427	2,524	2,087	1,541
Construction In Progress	-	26.08	2.21	7.37	16.53	8.74
Leasehold Improvements	-	93.91	93.89	72.72	54.06	31

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