PBG S.A. 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	185.24	171.31	79.44	486.47	256.09	189.72
Cash & Short-Term Investments	185.24	171.31	79.44	486.47	256.09	189.72
Cash Growth	-55.04%	115.64%	-83.67%	89.96%	34.98%	-41.86%
Accounts Receivable	291.3	238.41	282.05	269.04	314.51	375.62
Other Receivables	138.25	67.11	46.84	43.98	45.48	34.88
Receivables	429.55	305.52	328.89	313.02	359.98	410.5
Inventory	584.18	597.21	559.65	489.04	455.04	285.36
Prepaid Expenses	40.34	28.69	39.01	17.49	13.81	5.45
Other Current Assets	21.34	19.61	9.39	25.74	18.18	15.1
Total Current Assets	1,261	1,122	1,016	1,332	1,103	906.13
Property, Plant & Equipment	1,872	1,868	1,863	1,621	958.96	685.99
Long-Term Investments	68.81	69.09	26.1	-	0.35	0.35
Other Intangible Assets	107.9	108.71	99.46	79.53	42.38	28.8
Long-Term Deferred Tax Assets	62.63	62.78	105.45	53.46	31.91	31.94
Long-Term Deferred Charges	-	4.73	5.28	4.24	-	-
Other Long-Term Assets	224.42	248.12	230.79	206.47	349.47	504.14
Total Assets	3,596	3,484	3,347	3,296	2,486	2,157
Accounts Payable	567.15	595.29	496.15	459.71	378.81	327.55
Accrued Expenses	196.24	195.36	162.55	136.49	131.7	133.46
Short-Term Debt	-	-	-	30.48	8.12	17.49
Current Portion of Long-Term Debt	214.84	222.2	410.08	427.46	157.78	80.63
Current Portion of Leases	77.33	46.76	71.53	40.28	26.36	19.46
Current Income Taxes Payable	5.61	-	1.44	0.2	3.02	3.87
Current Unearned Revenue	159.19	161.18	146.36	116.7	84.5	69.56
Other Current Liabilities	98.29	86.71	70.99	109.86	154.82	62.12
Total Current Liabilities	1,319	1,307	1,359	1,321	945.11	714.13
Long-Term Debt	1,155	1,068	757.69	884.9	717.67	664.28
Long-Term Leases	751.25	685.34	503.93	404.28	51.35	45.4
Long-Term Unearned Revenue	-	7.81	12.5	12.67	15.48	16.56
Long-Term Deferred Tax Liabilities	5.19	5.03	2.73	6.39	6.39	-
Other Long-Term Liabilities	402.3	383.31	339.71	280.61	282.92	360.83
Total Liabilities	3,633	3,457	2,976	2,910	2,019	1,801
Common Stock	250	250	250	250	250	250
Retained Earnings	-240.38	-199.55	90.97	191.79	255.31	240.1
Treasury Stock	-	-	-	-	-	-91.35
Comprehensive Income & Other	-46.58	-23.97	30.14	-55.85	-38.1	-42.61
Total Common Equity	-36.96	26.48	371.1	385.93	467.22	356.14
Minority Interest	0.03	0.03	0.02	0.06	0.03	0.02
Shareholders' Equity	-36.94	26.5	371.12	385.99	467.24	356.16
Total Liabilities & Equity	3,596	3,484	3,347	3,296	2,486	2,157
Total Debt	2,199	2,022	1,743	1,787	961.29	827.25
Net Cash (Debt)	-2,014	-1,851	-1,664	-1,301	-705.2	-637.53
Net Cash Per Share	-14.28	-13.13	-11.80	-9.23	-5.00	-4.32
Filing Date Shares Outstanding	140.99	140.99	140.99	140.99	140.99	140.99
Total Common Shares Outstanding	140.99	140.99	140.99	140.99	140.99	140.99
Working Capital	-58.01	-185.16	-342.72	10.59	157.99	192
Book Value Per Share	-0.26	0.19	2.63	2.74	3.31	2.53
Tangible Book Value	-144.86	-82.23	271.65	306.41	424.84	327.34
Tangible Book Value Per Share	-1.03	-0.58	1.93	2.17	3.01	2.32
Land	-	13.49	-	-	-	-
Buildings	-	362.16	-	-	-	-
Machinery	-	1,448	-	-	-	-
Construction In Progress	-	64.95	-	-	-	-

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