BVMF:QUAL3 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	296.21	222.67	322.31	394.59	377.13	449.46
Short-Term Investments	689.14	-	-	-	-	-
Trading Asset Securities	-	666.95	570.64	592.18	333.14	303.08
Cash & Short-Term Investments	985.34	889.61	892.95	986.77	710.27	752.54
Cash Growth	-7.22%	-0.37%	-9.51%	38.93%	-5.62%	1.82%
Accounts Receivable	101.95	117.32	449.57	242.99	232.04	221.88
Other Receivables	-	23.87	63.48	-	-	-
Receivables	101.95	141.19	513.05	242.99	232.04	221.88
Other Current Assets	194.06	193.24	251.88	388.95	255.31	274.96
Total Current Assets	1,281	1,224	1,658	1,619	1,198	1,249
Property, Plant & Equipment	25.5	27.74	29.28	38.15	85.94	55.11
Long-Term Investments	0.26	-	-	-	126.17	131.06
Goodwill	1,855	1,855	1,855	1,855	1,855	1,855
Other Intangible Assets	334.95	359.06	477.75	700.09	919.94	881.1
Long-Term Accounts Receivable	-	-	59.97	-	-	-
Long-Term Deferred Tax Assets	149.79	147.51	226.75	204.07	161.27	69.92
Other Long-Term Assets	330.78	325.47	59.99	93.6	166.37	162.3
Total Assets	3,977	3,939	4,366	4,509	4,512	4,404
Accounts Payable	315.84	273.7	305.11	358.43	224.14	217.78
Accrued Expenses	54.21	72.61	200.96	77.42	84.24	51.83
Short-Term Debt	-	-	-	-	-	854.3
Current Portion of Long-Term Debt	712.74	660.72	570	566.65	20.44	1,055
Current Portion of Leases	5.52	5.44	3.41	13.06	18	10.33
Current Income Taxes Payable	31.56	27.72	32.58	25.92	24.18	45.79
Current Unearned Revenue	-	10.72	17.72	-	-	-
Other Current Liabilities	276.23	298.83	373.6	262.15	303.39	382.95
Total Current Liabilities	1,396	1,350	1,503	1,304	674.38	2,618
Long-Term Debt	1,051	1,083	1,293	1,640	2,186	289.78
Long-Term Leases	12.37	13.64	15.28	17.41	33.14	16.64
Long-Term Deferred Tax Liabilities	72.88	65.39	47.41	67.83	79.66	44.08
Other Long-Term Liabilities	123.38	118.86	205.54	194.84	182.12	159.91
Total Liabilities	2,655	2,630	3,065	3,224	3,155	3,129
Common Stock	875.58	896.56	896.56	896.56	875.58	875.58
Retained Earnings	408.01	389.37	381.22	376.21	458.64	387.87
Treasury Stock	-23.57	-18.32	-55.28	-97.91	-114.22	-128.61
Comprehensive Income & Other	44.07	22.83	59.76	95.36	126.46	131.58
Total Common Equity	1,304	1,290	1,282	1,270	1,346	1,266
Minority Interest	18.03	17.95	19.31	15.32	10.14	8.63
Shareholders' Equity	1,322	1,308	1,302	1,286	1,357	1,275
Total Liabilities & Equity	3,977	3,939	4,366	4,509	4,512	4,404
Total Debt	1,781	1,762	1,882	2,237	2,258	2,226
Net Cash (Debt)	-795.8	-872.71	-988.91	-1,250	-1,547	-1,474
Net Cash Per Share	-2.79	-3.07	-3.50	-4.48	-5.55	-5.30
Filing Date Shares Outstanding	282.22	283.12	281.32	279.25	278.45	277.75
Total Common Shares Outstanding	282.22	283.12	281.32	279.25	278.45	277.75
Working Capital	-114.74	-125.7	154.5	315.08	523.24	-1,369
Book Value Per Share	4.62	4.56	4.56	4.55	4.84	4.56
Tangible Book Value	-885.58	-923.34	-1,050	-1,285	-1,428	-1,469
Tangible Book Value Per Share	-3.14	-3.26	-3.73	-4.60	-5.13	-5.29