Porto Seguro 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
Investments in Debt Securities	1,515	1,967	11,011	7,071	6,009	6,070
Investments in Equity & Preferred Securities	278.39	251.14	226.85	193.57	201.58	579.45
Other Investments	13,825	12,614	1,723	437.38	2,564	8,476
Total Investments	25,068	23,858	20,649	18,915	16,219	15,229
Cash & Equivalents	208.13	278.25	503.89	719.05	450.69	438.89
Reinsurance Recoverable	118.94	99.39	100.96	115.48	137.57	173.51
Other Receivables	19,602	19,384	15,751	13,837	12,483	16,676
Deferred Policy Acquisition Cost	2,828	2,807	1,542	1,007	545.43	2,386
Property, Plant & Equipment	827.4	847.07	854.33	1,526	2,254	2,180
Goodwill	1,183	1,180	1,204	1,200	1,009	370.78
Other Intangible Assets	2,919	2,902	2,777	2,761	2,746	2,085
Other Current Assets	1,485	1,540	1,352	1,218	1,035	823.57
Long-Term Deferred Tax Assets	1,613	1,378	1,553	1,212	1,367	926.97
Other Long-Term Assets	1,621	1,591	1,626	1,727	1,669	1,584
Total Assets	57,474	55,865	47,914	44,240	39,914	42,873
Accrued Expenses	474.39	524.98	388.18	354.94	261.58	1,097
Insurance & Annuity Liabilities	11,502	11,007	10,429	10,636	9,951	16,445
Reinsurance Payable	-	-	-	-	1.35	87.71
Current Portion of Long-Term Debt	274.54	220.54	253.55	221.4	850.74	-
Current Portion of Leases	16.06	20.06	20.2	18.89	16.02	12.89
Short-Term Debt	222.12	184.47	20	-	625.24	-
Current Income Taxes Payable	299.29	0.46	70.79	11.99	38.07	76.92
Long-Term Debt	197.33	183.57	163.47	859.58	1,329	-
Long-Term Leases	110.78	111.28	119.17	140.72	159.7	148.31
Long-Term Deferred Tax Liabilities	745.07	692.33	534.42	329.23	366.68	312.85
Other Current Liabilities	19,637	19,522	16,315	17,029	13,694	13,000
Other Long-Term Liabilities	8,322	7,527	5,454	2,139	2,042	2,329
Total Liabilities	41,801	39,994	33,768	31,742	29,336	33,508
Common Stock	8,500	8,500	8,500	8,500	8,500	8,500
Retained Earnings	6,683	6,862	4,956	3,332	1,782	1,261
Treasury Stock	-333.73	-328.65	-155.61	-123.19	-199.02	-205.49
Comprehensive Income & Other	686.68	708.27	749.96	706.26	437.66	-190.57
Total Common Equity	15,536	15,741	14,051	12,415	10,520	9,365
Minority Interest	137.52	130	94.6	82.54	57.95	0.17
Shareholders' Equity	15,673	15,871	14,145	12,498	10,578	9,365
Total Liabilities & Equity	57,474	55,865	47,914	44,240	39,914	42,873
Filing Date Shares Outstanding	640.32	640.36	640.47	641.09	638.02	637.71
Total Common Shares Outstanding	640.32	640.36	640.47	641.09	638.02	637.71
Total Debt	820.83	719.92	576.39	1,241	2,981	161.21
Net Cash (Debt)	-612.7	-441.67	-72.5	-521.53	-2,530	277.68
Net Cash Growth	-	-	-	-	-	36.11%
Net Cash Per Share	-0.94	-0.68	-0.11	-0.81	-3.93	0.43
Book Value Per Share	24.26	24.58	21.94	19.37	16.49	14.68
Tangible Book Value	11,434	11,659	10,069	8,454	6,766	6,909
Tangible Book Value Per Share	17.86	18.21	15.72	13.19	10.60	10.83
Land	129.78	131.68	122.78	126.74	127.48	244.26
Buildings	525.63	532.83	518.8	524.88	552.21	807.11
Machinery	119.8	118.74	122.89	133.07	136.8	141.99
Construction In Progress	-	-	-	-	-	32.5
Leasehold Improvements	238.41	238.77	208.54	199.23	191.99	184.51

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