Petroreconcavo 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	Jun '26 Jun 30, 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	320.99	229.51	295.55	197.18	361.03	217.16
Short-Term Investments	1,299	1,396	761.94	310.17	1,250	585.66
Cash & Short-Term Investments	1,620	1,625	1,057	507.36	1,611	802.81
Cash Growth	148.66%	53.67%	108.43%	-68.51%	100.69%	725.30%
Accounts Receivable	327.05	253.97	361.1	360.61	384.18	169.85
Other Receivables	81.79	146.82	96.62	233.93	99.24	41.83
Receivables	408.84	400.78	457.71	594.54	483.42	211.67
Inventory	61.95	6.14	9.77	7.36	11.45	6.55
Other Current Assets	88.09	126.3	44.46	38.18	26.54	11.77
Total Current Assets	2,179	2,158	1,569	1,147	2,133	1,033
Property, Plant & Equipment	6,280	6,177	5,517	5,423	4,018	3,336
Long-Term Investments	5.37	5.02	15.96	-	-	69.99
Other Intangible Assets	89.22	83.38	20.56	16.14	12	10.44
Long-Term Accounts Receivable	65.23	65.23	58.15	55.92	55.92	-
Long-Term Deferred Tax Assets	4.04	-	-	46.37	167.84	222.94
Other Long-Term Assets	409.14	178.84	256.6	140.07	198.33	43.55
Total Assets	9,032	8,668	7,438	6,829	6,585	4,715
Accounts Payable	271.3	265.88	299.11	254.01	352.15	98.71
Accrued Expenses	85.06	88.75	93.93	128.76	183.45	63.19
Current Portion of Long-Term Debt	63.73	64.91	20.91	142.77	14.01	281.76
Current Portion of Leases	17.25	19.17	17.14	32.89	20.38	10.49
Current Income Taxes Payable	6.71	50.55	74.19	7.42	1.67	32.1
Other Current Liabilities	303.67	130.11	227.08	500.01	819.7	758.28
Total Current Liabilities	747.72	619.38	732.36	1,066	1,391	1,245
Long-Term Debt	3,099	3,040	1,771	760.21	641.57	459.53
Long-Term Leases	21.82	7.12	5.1	10.57	7.11	2.42
Long-Term Deferred Tax Liabilities	38.61	60.32	-	-	6.02	5.67
Other Long-Term Liabilities	691.31	610.37	693.43	474.66	728.52	1,131
Total Liabilities	4,598	4,337	3,202	2,311	2,775	2,844
Common Stock	2,833	2,833	2,832	2,831	2,828	1,814
Retained Earnings	1,619	1,458	1,375	1,671	1,167	297.2
Treasury Stock	-	-7.88	-7.04	-5.08	-6.79	-2.29
Comprehensive Income & Other	-18.05	48.02	34.48	20.83	-178.16	-237.03
Shareholders' Equity	4,434	4,331	4,235	4,518	3,811	1,872
Total Liabilities & Equity	9,032	8,668	7,438	6,829	6,585	4,715
Total Debt	3,202	3,131	1,815	946.44	683.08	754.2
Net Cash (Debt)	-1,581	-1,506	-757.07	-439.08	928.12	48.62
Net Cash Growth	-	-	-	-	1809.08%	-
Net Cash Per Share	-	-5.14	-2.58	-1.50	3.39	0.22
Filing Date Shares Outstanding	-	292.98	293.1	293.11	292.77	248.37
Total Common Shares Outstanding	-	292.98	293.1	293.11	292.77	248.37
Working Capital	1,431	1,539	837.07	81.57	741.24	-211.72
Book Value Per Share	-	14.78	14.45	15.41	13.02	7.54
Tangible Book Value	4,344	4,247	4,215	4,502	3,799	1,861
Tangible Book Value Per Share	-	14.50	14.38	15.36	12.97	7.49
Machinery	-	718.52	309.09	229.8	83.45	44.8
Construction In Progress	-	72.17	141.24	79.77	63.79	13.91