BVMF:PNVL3 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	43.75	80	27.95	25.72	54.44
Short-Term Investments	386.75	-	-	-	-
Trading Asset Securities	-	133.41	217.44	131.64	155.22
Cash & Short-Term Investments	430.5	213.41	245.39	157.36	209.65
Cash Growth	101.72%	-13.03%	55.95%	-24.94%	-51.89%
Accounts Receivable	574.18	444.7	452.01	399.17	324.62
Other Receivables	125.94	182.88	142.13	105.48	121.78
Receivables	700.12	627.58	594.15	504.66	446.4
Inventory	1,167	1,152	999.41	896.54	739.04
Other Current Assets	0.41	20.08	1.12	-	-
Total Current Assets	2,298	2,013	1,840	1,559	1,395
Property, Plant & Equipment	1,335	1,174	1,081	1,034	874.11
Long-Term Investments	8.25	9.29	-	0	0.01
Goodwill	-	5.95	6.74	6.84	7.27
Other Intangible Assets	108.53	90.72	76.58	69.9	52.67
Long-Term Deferred Tax Assets	59.95	61.62	52.89	48.6	36.85
Other Long-Term Assets	20.83	23.23	19.08	13.27	12.05
Total Assets	3,831	3,377	3,077	2,733	2,381
Accounts Payable	725.31	630.82	679.76	555.45	464.71
Accrued Expenses	163.53	138.81	105.05	101.91	88.22
Current Portion of Long-Term Debt	191.82	162.93	102.54	118.4	54.53
Current Portion of Leases	136.89	129.8	164.36	152.09	134.61
Current Income Taxes Payable	-	5.76	2.15	1.76	0.67
Other Current Liabilities	103.13	116.54	80.55	78.62	72.24
Total Current Liabilities	1,321	1,185	1,134	1,008	814.97
Long-Term Debt	520.16	391.73	280	116.43	79.29
Long-Term Leases	657.4	551.35	475.79	484.62	422.5
Other Long-Term Liabilities	50.43	15	13.85	15.68	18.1
Total Liabilities	2,549	2,143	1,904	1,625	1,335
Common Stock	1,213	981.77	955.67	928.55	903.55
Retained Earnings	90.94	273.68	240.91	208.98	176.05
Treasury Stock	-21.36	-23.99	-28.58	-35.14	-36.69
Comprehensive Income & Other	-0.43	3.25	5.43	5.77	3.28
Shareholders' Equity	1,282	1,235	1,173	1,108	1,046
Total Liabilities & Equity	3,831	3,377	3,077	2,733	2,381
Total Debt	1,506	1,236	1,023	871.54	690.93
Net Cash (Debt)	-1,076	-1,022	-777.3	-714.19	-481.28
Net Cash Per Share	-7.17	-6.80	-5.19	-4.79	-3.22
Filing Date Shares Outstanding	-	148.79	148.85	148.53	148.53
Total Common Shares Outstanding	-	148.79	148.85	148.53	148.53
Working Capital	976.92	827.92	705.65	550.31	580.11
Book Value Per Share	-	8.30	7.88	7.46	7.04
Tangible Book Value	1,173	1,138	1,090	1,031	986.25
Tangible Book Value Per Share	-	7.65	7.32	6.94	6.64
Machinery	-	263.54	252.64	218.56	180.18
Construction In Progress	-	14.36	-	-	-

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