BVMF:QUAL3 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	222.67	322.31	394.59	377.13	449.46
Trading Asset Securities	666.95	570.64	592.18	333.14	303.08
Cash & Short-Term Investments	889.61	892.95	986.77	710.27	752.54
Cash Growth	-0.37%	-9.51%	38.93%	-5.62%	1.82%
Accounts Receivable	117.32	449.57	242.99	232.04	221.88
Other Receivables	23.87	63.48	-	-	-
Receivables	141.19	513.05	242.99	232.04	221.88
Other Current Assets	193.24	251.88	388.95	255.31	274.96
Total Current Assets	1,224	1,658	1,619	1,198	1,249
Property, Plant & Equipment	27.74	29.28	38.15	85.94	55.11
Long-Term Investments	-	-	-	126.17	131.06
Goodwill	1,855	1,855	1,855	1,855	1,855
Other Intangible Assets	359.06	477.75	700.09	919.94	881.1
Long-Term Accounts Receivable	-	59.97	-	-	-
Long-Term Deferred Tax Assets	147.51	226.75	204.07	161.27	69.92
Other Long-Term Assets	325.47	59.99	93.6	166.37	162.3
Total Assets	3,939	4,366	4,509	4,512	4,404
Accounts Payable	273.7	305.11	358.43	224.14	217.78
Accrued Expenses	72.61	200.96	77.42	84.24	51.83
Short-Term Debt	-	-	-	-	854.3
Current Portion of Long-Term Debt	660.72	570	566.65	20.44	1,055
Current Portion of Leases	5.44	3.41	13.06	18	10.33
Current Income Taxes Payable	27.72	32.58	25.92	24.18	45.79
Current Unearned Revenue	10.72	17.72	-	-	-
Other Current Liabilities	298.83	373.6	262.15	303.39	382.95
Total Current Liabilities	1,350	1,503	1,304	674.38	2,618
Long-Term Debt	1,083	1,293	1,640	2,186	289.78
Long-Term Leases	13.64	15.28	17.41	33.14	16.64
Long-Term Deferred Tax Liabilities	65.39	47.41	67.83	79.66	44.08
Other Long-Term Liabilities	118.86	205.54	194.84	182.12	159.91
Total Liabilities	2,630	3,065	3,224	3,155	3,129
Common Stock	896.56	896.56	896.56	875.58	875.58
Retained Earnings	389.37	381.22	376.21	458.64	387.87
Treasury Stock	-18.32	-55.28	-97.91	-114.22	-128.61
Comprehensive Income & Other	22.83	59.76	95.36	126.46	131.58
Total Common Equity	1,290	1,282	1,270	1,346	1,266
Minority Interest	17.95	19.31	15.32	10.14	8.63
Shareholders' Equity	1,308	1,302	1,286	1,357	1,275
Total Liabilities & Equity	3,939	4,366	4,509	4,512	4,404
Total Debt	1,762	1,882	2,237	2,258	2,226
Net Cash (Debt)	-872.71	-988.91	-1,250	-1,547	-1,474
Net Cash Per Share	-3.07	-3.50	-4.48	-5.55	-5.30
Filing Date Shares Outstanding	283.12	281.32	279.25	278.45	277.75
Total Common Shares Outstanding	283.12	281.32	279.25	278.45	277.75
Working Capital	-125.7	154.5	315.08	523.24	-1,369
Book Value Per Share	4.56	4.56	4.55	4.84	4.56
Tangible Book Value	-923.34	-1,050	-1,285	-1,428	-1,469
Tangible Book Value Per Share	-3.26	-3.73	-4.60	-5.13	-5.29

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