Alfa Holdings Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.21	0.01	0.02	0.06	0.46	0.47
Trading Asset Securities	129.66	127.62	60.51	66.13	68.93	20.67
Cash & Short-Term Investments	129.87	127.62	60.53	66.2	69.39	21.14
Cash Growth	1.92%	110.83%	-8.55%	-4.60%	228.22%	357.77%
Accounts Receivable	-	-	-	-	-	0.07
Other Receivables	3.55	3.9	1.95	0	-	1.03
Receivables	3.55	3.9	1.95	0	-	1.1
Other Current Assets	0.01	0.01	0.01	3.42	0.97	-
Total Current Assets	133.43	131.52	62.48	69.62	70.36	22.24
Property, Plant & Equipment	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Investments	878.39	827.56	1,032	1,008	977.8	1,015
Long-Term Deferred Tax Assets	7.1	8.22	-	-	-	-
Other Long-Term Assets	0.1	0.1	0.17	0.55	0.53	0.52
Total Assets	1,019	967.41	1,095	1,079	1,049	1,038
Accounts Payable	0.09	0.18	1.54	0.74	0.7	0.89
Accrued Expenses	0.77	0.77	0.64	0.58	0.51	0.54
Current Income Taxes Payable	2.33	1.41	0.52	1.91	0.13	0.09
Other Current Liabilities	3.44	9.27	9.1	8.52	8.34	8.07
Total Current Liabilities	6.62	11.63	11.8	11.75	9.69	9.59
Other Long-Term Liabilities	6.9	6.64	0.09	0.12	0.12	0.12
Total Liabilities	13.53	18.27	11.89	11.87	9.8	9.7
Common Stock	436.56	436.56	430.25	404.93	397.55	384.79
Retained Earnings	563.97	511.14	621.17	621.91	571.17	580.33
Comprehensive Income & Other	4.97	1.45	31.42	39.91	70.17	63.03
Shareholders' Equity	1,005	949.14	1,083	1,067	1,039	1,028
Total Liabilities & Equity	1,019	967.41	1,095	1,079	1,049	1,038
Net Cash (Debt)	129.87	127.62	60.53	66.2	69.39	21.14
Net Cash Growth	1.92%	110.83%	-8.55%	-4.60%	228.22%	357.77%
Net Cash Per Share	1.53	1.51	0.71	0.78	0.82	0.25
Filing Date Shares Outstanding	84.68	84.68	84.68	84.68	84.68	84.68
Total Common Shares Outstanding	84.68	84.68	84.68	84.68	84.68	84.68
Working Capital	126.81	119.9	50.69	57.87	60.67	12.65
Book Value Per Share	11.87	11.21	12.79	12.60	12.27	12.14
Tangible Book Value	1,005	949.14	1,083	1,067	1,039	1,028
Tangible Book Value Per Share	11.87	11.21	12.79	12.60	12.27	12.14

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