Paranapanema 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	11.62	2.17	8.52	0.09	2.5	40.12
Short-Term Investments	-	39.29	33.92	24.37	16.4	-
Cash & Short-Term Investments	11.62	41.45	42.44	24.45	18.9	40.12
Cash Growth	725.28%	-2.33%	73.58%	29.39%	-52.89%	-71.09%
Accounts Receivable	51.25	9.1	1.74	1.75	40.55	109
Other Receivables	9.89	10.6	26.92	41.04	103.56	99.63
Receivables	61.14	19.71	28.66	42.79	144.11	208.62
Inventory	98.9	89.91	271.75	298.09	291.81	716.48
Prepaid Expenses	25.09	16.75	10.31	13.45	8.82	10.77
Restricted Cash	-	-	-	0.01	0.1	-
Other Current Assets	64.23	32.23	44.77	9.51	106.22	112.55
Total Current Assets	260.98	200.04	397.93	388.3	569.96	1,089
Property, Plant & Equipment	603.47	615.44	925.02	1,016	1,110	1,136
Long-Term Investments	-	25.46	25.7	2.82	0.04	-
Other Intangible Assets	2.52	2.69	3.39	4.57	5.89	6.12
Long-Term Accounts Receivable	2.91	1.17	0.39	-	-	-
Long-Term Deferred Tax Assets	0.28	0.28	-	-	-	-
Other Long-Term Assets	414.19	362.08	274.67	373.06	303.08	835.92
Total Assets	1,284	1,207	1,627	1,784	1,989	3,066
Accounts Payable	664.95	651.36	639.11	407.77	436.6	135
Accrued Expenses	390.82	346.88	124.03	111.4	62.7	72.83
Short-Term Debt	1.65	9.02	15.78	0.23	11.15	169.86
Current Portion of Long-Term Debt	5,817	5,655	4,863	3,245	2,811	623.15
Current Portion of Leases	2.51	2.61	3.77	8.82	11.04	9.2
Current Income Taxes Payable	1.93	1.98	-	0.22	0.13	-
Current Unearned Revenue	69.69	74.73	72.84	64.34	91.85	103.85
Other Current Liabilities	659.24	646.21	542.91	29.61	50.6	15.57
Total Current Liabilities	7,608	7,388	6,261	3,868	3,475	1,129
Long-Term Debt	40.16	49.99	359.7	476.61	382.15	2,635
Long-Term Leases	1.47	1.72	2.89	3.76	1.51	2.39
Long-Term Deferred Tax Liabilities	53.74	54.12	57.31	59.56	25.6	52.47
Other Long-Term Liabilities	1,104	1,258	1,232	1,600	921.63	201.21
Total Liabilities	8,910	8,751	7,913	6,008	4,806	4,020
Common Stock	2,254	2,246	2,172	2,070	2,070	2,070
Retained Earnings	-9,976	-9,889	-8,561	-6,427	-5,042	-2,390
Treasury Stock	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74
Comprehensive Income & Other	97.29	99.68	103.31	134.28	155.95	-632.59
Shareholders' Equity	-7,625	-7,544	-6,286	-4,224	-2,818	-954.03
Total Liabilities & Equity	1,284	1,207	1,627	1,784	1,989	3,066
Total Debt	5,863	5,718	5,245	3,735	3,217	3,440
Net Cash (Debt)	-5,851	-5,677	-5,202	-3,710	-3,198	-3,399
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-51.25	-57.86	-98.33	-85.48	-73.69	-83.52
Filing Date Shares Outstanding	139.45	120.54	69.56	43.4	43.4	43.4
Total Common Shares Outstanding	139.45	120.54	69.56	43.4	43.4	43.4
Working Capital	-7,347	-7,188	-5,863	-3,479	-2,905	-40.93
Book Value Per Share	-54.68	-62.59	-90.36	-97.31	-64.92	-21.98
Tangible Book Value	-7,628	-7,547	-6,289	-4,228	-2,823	-960.15
Tangible Book Value Per Share	-54.70	-62.61	-90.41	-97.42	-65.05	-22.12