BVMF:SBSP3 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	4,663	1,683	838.48	1,867	717.93
Short-Term Investments	7,708	3,700	2,427	1,678	2,433
Accounts Receivable	4,535	4,016	3,703	3,158	2,770
Other Receivables	1,167	754.89	464.69	209.62	263.06
Inventory	22.06	10.82	86.01	124.25	113.51
Restricted Cash	9.58	37.72	54.94	37.47	28.47
Loans Receivable Current	4.72	4.01	0.69	0.24	11.92
Other Current Assets	447.35	402.81	208.57	209.8	164.37
Total Current Assets	18,557	10,609	7,783	7,285	6,503
Property, Plant & Equipment	942.76	686.28	592.62	440.14	395.01
Other Intangible Assets	72,106	62,248	43,895	39,220	36,400
Long-Term Investments	254.36	984.86	161.86	110.77	79.44
Long-Term Loans Receivable	-	-	2.81	2.81	12.03
Long-Term Deferred Tax Assets	-	-	98.08	-	-
Long-Term Accounts Receivable	11,278	5,207	7,667	8,831	8,775
Other Long-Term Assets	1,065	1,231	1,270	1,319	1,001
Total Assets	104,203	80,965	61,471	57,208	53,165
Accounts Payable	2,400	766.61	456.22	430.95	236.76
Accrued Expenses	3,759	3,023	2,406	1,452	1,048
Current Portion of Long-Term Debt	4,936	2,928	2,498	2,129	1,725
Current Portion of Leases	156.65	206.19	118.38	116.56	105.95
Current Income Taxes Payable	1.31	1.96	205.96	-	55.8
Other Current Liabilities	5,300	5,047	2,723	2,529	1,922
Total Current Liabilities	16,553	11,972	8,408	6,657	5,093
Long-Term Debt	34,930	21,863	16,587	16,370	15,476
Long-Term Leases	119.84	261.88	333.13	342.66	417.33
Pension & Post-Retirement Benefits	2,140	1,931	2,143	2,150	2,322
Long-Term Deferred Tax Liabilities	3,130	2,662	-	189.28	283.74
Other Long-Term Liabilities	4,929	5,348	4,143	4,165	4,642
Total Liabilities	61,802	44,037	31,614	29,874	28,234
Common Stock	21,210	15,000	15,000	15,000	15,000
Retained Earnings	21,548	21,648	14,711	12,156	9,885
Treasury Stock	-475.39	-	-	-	-
Comprehensive Income & Other	118.08	280.34	146.36	177.64	46.37
Shareholders' Equity	42,401	36,928	29,857	27,334	24,932
Total Liabilities & Equity	104,203	80,965	61,471	57,208	53,165
Total Debt	40,142	25,258	19,536	18,959	17,724
Net Cash (Debt)	-27,771	-19,876	-16,271	-15,413	-14,573
Net Cash Per Share	-39.42	-28.24	-23.12	-21.90	-20.71
Filing Date Shares Outstanding	700.22	703.77	703.77	703.77	703.77
Total Common Shares Outstanding	700.22	703.77	703.77	703.77	703.77
Working Capital	2,004	-1,363	-624.39	627.32	1,410
Book Value Per Share	60.55	52.47	42.42	38.84	35.43
Tangible Book Value	-29,705	-25,320	-14,037	-11,886	-11,468
Tangible Book Value Per Share	-42.42	-35.98	-19.95	-16.89	-16.30
Land	94	94.75	94.23	94.23	94.21
Buildings	134.82	127.97	125.67	90.31	86.7
Machinery	962.91	680.62	499.05	463.93	444.78
Construction In Progress	143.24	63.35	-	-	-

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