BVMF:REDE3 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	187.87	352.97	225.7	376.13	343.5	275.77
Short-Term Investments	79.39	-	-	-	-	-
Trading Asset Securities	4,081	2,468	3,186	2,283	1,670	1,087
Accounts Receivable	2,508	2,598	2,578	3,001	2,476	2,643
Other Receivables	2,163	2,156	1,915	1,913	1,823	1,329
Inventory	77.58	72.11	64.88	59.1	62.09	53.16
Other Current Assets	1,183	785.45	486.52	356.66	464.06	1,474
Total Current Assets	10,280	8,433	8,456	7,989	6,838	6,862
Property, Plant & Equipment	159.75	180.24	162.59	129.83	117.21	102.95
Regulatory Assets	60.24	295.13	95.98	47.11	341.9	477.01
Other Intangible Assets	8,190	8,081	7,304	6,830	6,300	6,060
Long-Term Investments	243.95	7.52	8.75	74.92	72.99	96.31
Long-Term Accounts Receivable	13,876	13,070	10,847	9,968	8,283	6,483
Other Long-Term Assets	2,699	2,833	3,185	2,614	3,302	4,114
Total Assets	35,509	32,900	30,059	27,653	25,256	24,195
Accounts Payable	1,712	1,543	1,314	1,322	1,044	1,407
Accrued Expenses	898.48	634.52	828.01	567.94	451.83	394.26
Current Portion of Long-Term Debt	1,581	1,897	2,561	2,737	2,034	2,023
Current Portion of Leases	11.18	8.53	9.79	0.78	2.24	5.7
Current Income Taxes Payable	-	134.81	41.71	501.75	336.27	439.57
Other Current Liabilities	1,268	1,172	1,359	1,470	1,364	1,050
Total Current Liabilities	5,471	5,390	6,113	6,599	5,234	5,320
Long-Term Debt	18,828	17,169	13,484	10,357	9,156	8,022
Long-Term Leases	18.76	21.5	14.24	4.61	5.53	7.28
Pension & Post-Retirement Benefits	49.52	47.7	60.96	101.78	135.96	164.26
Long-Term Deferred Tax Liabilities	2,111	1,849	2,011	1,781	1,678	1,781
Other Long-Term Liabilities	2,324	1,782	1,891	2,840	3,535	4,002
Total Liabilities	28,802	26,259	23,574	21,684	19,744	19,296
Common Stock	5,568	5,568	3,223	3,223	3,223	3,223
Retained Earnings	1,010	965.69	1,049	801.64	644.73	260.35
Comprehensive Income & Other	-341.36	-344.05	31.39	-2.76	-17.39	-52.13
Total Common Equity	6,236	6,189	4,304	4,022	3,851	3,431
Minority Interest	471.41	451.16	2,181	1,946	1,661	1,468
Shareholders' Equity	6,707	6,640	6,485	5,968	5,512	4,899
Total Liabilities & Equity	35,509	32,900	30,059	27,653	25,256	24,195
Total Debt	20,439	19,096	16,069	13,100	11,198	10,057
Net Cash (Debt)	-16,091	-16,275	-12,657	-10,441	-9,184	-8,695
Net Cash Per Share	-7.11	-7.58	-6.00	-4.97	-4.33	-4.13
Filing Date Shares Outstanding	2,506	2,568	2,110	2,110	2,110	2,110
Total Common Shares Outstanding	2,506	2,568	2,110	2,110	2,110	2,110
Working Capital	4,809	3,043	2,342	1,390	1,605	1,542
Book Value Per Share	2.49	2.41	2.04	1.91	1.82	1.63
Tangible Book Value	-1,955	-1,892	-3,000	-2,808	-2,450	-2,628
Tangible Book Value Per Share	-0.78	-0.74	-1.42	-1.33	-1.16	-1.25
Land	-	0.01	0.01	0.01	-	-
Buildings	-	57.67	46.06	41.54	40.56	16.85
Machinery	-	256.81	236.24	212.29	189.93	169.65
Construction In Progress	-	15.82	21.38	19.26	15.72	29.51

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