Marcopolo 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	1,828	2,222	2,093	1,536	1,171	1,323
Trading Asset Securities	-	-	-	-	0.6	0.68
Cash & Short-Term Investments	1,828	2,222	2,093	1,536	1,172	1,324
Cash Growth	3.65%	6.13%	36.28%	31.06%	-11.45%	26.84%
Accounts Receivable	1,474	1,527	1,393	1,229	1,243	657.58
Other Receivables	396.37	196.85	193.68	426.53	271.67	234.16
Receivables	1,871	1,724	1,586	1,655	1,514	891.73
Inventory	1,934	1,771	1,829	1,619	1,338	987.61
Other Current Assets	0.26	232.59	151.64	0.06	121.08	164.18
Total Current Assets	5,633	5,949	5,660	4,810	4,146	3,367
Property, Plant & Equipment	1,509	1,481	1,307	1,050	1,030	1,018
Long-Term Investments	446.99	386.07	551.88	529.06	529.29	635.18
Goodwill	244.22	245.41	258.3	198.03	280.36	309.76
Other Intangible Assets	52.34	54.17	54.06	45.07	45.68	42.63
Long-Term Accounts Receivable	1,018	962.3	859.29	572.48	513.54	435.46
Long-Term Deferred Tax Assets	237.12	278.95	309.98	292.94	284.88	220.91
Other Long-Term Assets	364.07	365.47	441.04	461.14	565.84	625.64
Total Assets	9,504	9,723	9,442	7,959	7,395	6,655
Accounts Payable	732.87	595.69	679.35	793.85	653.25	459.05
Accrued Expenses	319.96	407.37	398.3	294.99	264.78	156.43
Short-Term Debt	7.97	10.66	0.63	0.66	0.98	0.92
Current Portion of Long-Term Debt	1,040	1,193	1,169	720.51	749.71	886.66
Current Portion of Leases	29.81	25.73	26.86	17.52	15.11	19.66
Current Income Taxes Payable	183.09	306.75	261.16	135.04	129.23	120.98
Other Current Liabilities	552.09	607.28	543.96	424.31	475.87	382.35
Total Current Liabilities	2,866	3,147	3,080	2,387	2,289	2,026
Long-Term Debt	2,337	2,500	2,087	1,699	1,618	1,434
Long-Term Leases	42	43.98	55.64	51.23	58.88	39.97
Other Long-Term Liabilities	140.49	137.13	137.53	234.42	224.45	197.99
Total Liabilities	5,385	5,827	5,359	4,372	4,191	3,698
Common Stock	3,040	3,040	2,334	1,334	1,334	1,334
Retained Earnings	828.84	562.76	1,466	1,940	1,420	1,088
Treasury Stock	-45.3	-49.26	-59.44	-21.28	-25.7	-27.53
Comprehensive Income & Other	237.94	279.06	286.38	292.87	434.16	510.23
Total Common Equity	4,061	3,832	4,027	3,546	3,162	2,905
Minority Interest	58.33	63.16	55.73	42.05	42.41	51.23
Shareholders' Equity	4,120	3,896	4,082	3,588	3,205	2,956
Total Liabilities & Equity	9,504	9,723	9,442	7,959	7,395	6,655
Total Debt	3,456	3,773	3,339	2,489	2,443	2,382
Net Cash (Debt)	-1,628	-1,551	-1,246	-952.87	-1,271	-1,058
Net Cash Per Share	-	-1.24	-1.00	-0.76	-1.02	-0.85
Filing Date Shares Outstanding	-	1,241	1,239	1,243	1,241	1,241
Total Common Shares Outstanding	-	1,241	1,239	1,243	1,241	1,241
Working Capital	2,768	2,803	2,581	2,423	1,857	1,341
Book Value Per Share	-	3.09	3.25	2.85	2.55	2.34
Tangible Book Value	3,765	3,533	3,714	3,303	2,836	2,553
Tangible Book Value Per Share	-	2.85	3.00	2.66	2.28	2.06
Land	-	79.42	74.33	71.91	-	-
Buildings	-	908.45	770.89	596.66	-	-
Machinery	-	1,431	1,308	1,094	-	-

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