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	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	272.55	229.51	295.55	197.18	361.03	217.16
Short-Term Investments	1,385	1,396	761.94	310.17	1,250	585.66
Cash & Short-Term Investments	1,657	1,625	1,057	507.36	1,611	802.81
Cash Growth	62.83%	53.67%	108.43%	-68.51%	100.69%	725.30%
Accounts Receivable	315.23	253.97	361.1	360.61	384.18	169.85
Other Receivables	105.88	146.82	96.62	233.93	99.24	41.83
Receivables	421.12	400.78	457.71	594.54	483.42	211.67
Inventory	8.9	6.14	9.77	7.36	11.45	6.55
Other Current Assets	159.6	126.3	44.46	38.18	26.54	11.77
Total Current Assets	2,247	2,158	1,569	1,147	2,133	1,033
Property, Plant & Equipment	6,345	6,177	5,517	5,423	4,018	3,336
Long-Term Investments	5.19	5.02	15.96	-	-	69.99
Other Intangible Assets	-	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	58.62	-	-	46.37	167.84	222.94
Other Long-Term Assets	347.47	178.84	256.6	140.07	198.33	43.55
Total Assets	9,068	8,668	7,438	6,829	6,585	4,715
Accounts Payable	230.61	265.88	299.11	254.01	352.15	98.71
Accrued Expenses	157.46	88.75	93.93	128.76	183.45	63.19
Current Portion of Long-Term Debt	-	64.91	20.91	142.77	14.01	281.76
Current Portion of Leases	22.14	19.17	17.14	32.89	20.38	10.49
Current Income Taxes Payable	-	50.55	74.19	7.42	1.67	32.1
Other Current Liabilities	513.85	130.11	227.08	500.01	819.7	758.28
Total Current Liabilities	1,032	619.38	732.36	1,066	1,391	1,245
Long-Term Debt	3,066	3,040	1,771	760.21	641.57	459.53
Long-Term Leases	23.22	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	750.98	610.37	693.43	474.66	728.52	1,131
Total Liabilities	4,872	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	1,518	1,458	1,375	1,671	1,167	297.2
Treasury Stock	-7.55	-7.88	-7.04	-5.08	-6.79	-2.29
Comprehensive Income & Other	-146.78	48.02	34.48	20.83	-178.16	-237.03
Shareholders' Equity	4,196	4,331	4,235	4,518	3,811	1,872
Total Liabilities & Equity	9,068	8,668	7,438	6,829	6,585	4,715
Total Debt	3,219	3,131	1,815	946.44	683.08	754.2
Net Cash (Debt)	-1,562	-1,506	-757.07	-439.08	928.12	48.62
Net Cash Growth	-	-	-	-	1809.08%	-
Net Cash Per Share	-5.33	-5.14	-2.58	-1.50	3.39	0.22
Filing Date Shares Outstanding	292.98	292.98	293.1	293.11	292.77	248.37
Total Common Shares Outstanding	292.98	292.98	293.1	293.11	292.77	248.37
Working Capital	1,215	1,539	837.07	81.57	741.24	-211.72
Book Value Per Share	14.32	14.78	14.45	15.41	13.02	7.54
Tangible Book Value	4,196	4,247	4,215	4,502	3,799	1,861
Tangible Book Value Per Share	14.32	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

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