Petroreconcavo 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	229.51	295.55	197.18	361.03	217.16
Short-Term Investments	1,396	761.94	310.17	1,250	585.66
Cash & Short-Term Investments	1,625	1,057	507.36	1,611	802.81
Cash Growth	53.67%	108.43%	-68.51%	100.69%	725.30%
Accounts Receivable	253.97	361.1	360.61	384.18	169.85
Other Receivables	146.82	96.62	233.93	99.24	41.83
Receivables	400.78	457.71	594.54	483.42	211.67
Inventory	6.14	9.77	7.36	11.45	6.55
Other Current Assets	126.3	44.46	38.18	26.54	11.77
Total Current Assets	2,158	1,569	1,147	2,133	1,033
Property, Plant & Equipment	6,279	5,517	5,423	4,018	3,336
Long-Term Investments	5.02	15.96	-	-	69.99
Other Intangible Assets	-	20.56	16.14	12	10.44
Long-Term Accounts Receivable	65.23	58.15	55.92	55.92	-
Long-Term Deferred Tax Assets	8.11	97.03	46.37	167.84	222.94
Other Long-Term Assets	152.31	159.58	140.07	198.33	43.55
Total Assets	8,668	7,438	6,829	6,585	4,715
Accounts Payable	265.88	299.11	254.01	352.15	98.71
Accrued Expenses	139.3	155.93	128.76	183.45	63.19
Short-Term Debt	64.91	-	-	-	-
Current Portion of Long-Term Debt	-	20.91	142.77	14.01	281.76
Current Portion of Leases	19.17	17.14	32.89	20.38	10.49
Current Income Taxes Payable	-	12.19	7.42	1.67	32.1
Other Current Liabilities	130.11	227.08	500.01	819.7	758.28
Total Current Liabilities	619.38	732.36	1,066	1,391	1,245
Long-Term Debt	3,040	1,771	760.21	641.57	459.53
Long-Term Leases	7.12	5.1	10.57	7.11	2.42
Long-Term Deferred Tax Liabilities	60.32	-	-	6.02	5.67
Other Long-Term Liabilities	610.37	693.43	474.66	728.52	1,131
Total Liabilities	4,337	3,202	2,311	2,775	2,844
Common Stock	2,833	2,832	2,831	2,828	1,814
Retained Earnings	1,394	1,319	1,671	1,167	297.2
Treasury Stock	-7.88	-7.04	-5.08	-6.79	-2.29
Comprehensive Income & Other	112.08	90.89	20.83	-178.16	-237.03
Shareholders' Equity	4,331	4,235	4,518	3,811	1,872
Total Liabilities & Equity	8,668	7,438	6,829	6,585	4,715
Total Debt	3,131	1,815	946.44	683.08	754.2
Net Cash (Debt)	-1,506	-757.07	-439.08	928.12	48.62
Net Cash Growth	-	-	-	1809.08%	-
Net Cash Per Share	-	-2.58	-1.50	3.39	0.22
Filing Date Shares Outstanding	-	293.1	293.11	292.77	248.37
Total Common Shares Outstanding	-	293.1	293.11	292.77	248.37
Working Capital	1,539	837.07	81.57	741.24	-211.72
Book Value Per Share	-	14.45	15.41	13.02	7.54
Tangible Book Value	4,331	4,215	4,502	3,799	1,861
Tangible Book Value Per Share	-	14.38	15.36	12.97	7.49
Machinery	-	309.09	229.8	83.45	44.8
Construction In Progress	-	141.24	79.77	63.79	13.91

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