BVMF:MTRE3 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	206.92	236.73	181.7	197.83	115.53
Trading Asset Securities	-	-	-	-	109.63
Cash & Short-Term Investments	206.92	236.73	181.7	197.83	225.16
Cash Growth	-12.59%	30.28%	-8.15%	-12.13%	-69.47%
Accounts Receivable	749.27	621.34	599.08	423.81	300.69
Other Receivables	32.09	56.64	22.21	12.83	8.7
Receivables	781.35	677.98	621.3	436.65	309.39
Inventory	882.23	779.92	822.22	825.05	639.19
Restricted Cash	-	-	17.08	30.04	28.09
Other Current Assets	25.43	10.75	15.85	4.18	13.07
Total Current Assets	1,896	1,705	1,658	1,494	1,215
Property, Plant & Equipment	41.68	28.63	35.81	28.28	14.02
Long-Term Investments	73.63	34.84	30.13	3.13	3.17
Other Intangible Assets	23.21	21.72	22.47	12.2	7.27
Long-Term Accounts Receivable	273.8	323.1	188.74	199.25	154.33
Other Long-Term Assets	75.84	86.62	229.93	324.55	191.4
Total Assets	2,384	2,200	2,165	2,061	1,585
Accounts Payable	60.48	88.85	62.4	51.13	35.28
Accrued Expenses	16.96	23.43	20.57	19.8	13.92
Short-Term Debt	0.26	0.28	0.32	0.35	-
Current Portion of Long-Term Debt	234.45	371.15	304.87	183.42	89.95
Current Portion of Leases	3.6	4.92	2.89	2.53	1.94
Current Unearned Revenue	95.32	102.71	111.91	165.84	145.71
Other Current Liabilities	268.35	138.61	106.8	88.99	72.72
Total Current Liabilities	707.71	752.9	631.28	526.63	371.54
Long-Term Debt	440.14	255.07	351.48	315.23	16.57
Long-Term Leases	4.47	3.19	5.38	7.5	2.85
Long-Term Unearned Revenue	74.55	48.2	100.43	150.87	124.22
Long-Term Deferred Tax Liabilities	11.02	13	7.61	6.62	3.01
Other Long-Term Liabilities	91.09	85.94	42.85	50.27	71.95
Total Liabilities	1,329	1,158	1,139	1,057	590.16
Common Stock	959.49	959.49	959.49	959.49	959.49
Retained Earnings	39.44	33.69	26.17	35.03	28.32
Comprehensive Income & Other	4.74	4.74	4.74	-	-
Total Common Equity	1,004	997.92	990.41	994.52	987.81
Minority Interest	51.43	44.08	35.8	9.51	7.12
Shareholders' Equity	1,055	1,042	1,026	1,004	994.93
Total Liabilities & Equity	2,384	2,200	2,165	2,061	1,585
Total Debt	682.91	634.61	664.94	509.04	111.32
Net Cash (Debt)	-475.99	-397.88	-483.23	-311.2	113.83
Net Cash Growth	-	-	-	-	-83.38%
Net Cash Per Share	-4.50	-3.76	-4.57	-2.94	1.08
Filing Date Shares Outstanding	105.77	105.77	105.77	105.77	105.77
Total Common Shares Outstanding	105.77	105.77	105.77	105.77	105.77
Working Capital	1,188	952.47	1,027	967.12	843.35
Book Value Per Share	9.49	9.43	9.36	9.40	9.34
Tangible Book Value	980.46	976.2	967.93	982.32	980.54
Tangible Book Value Per Share	9.27	9.23	9.15	9.29	9.27

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