BVMF:SBSP3 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	3,540	4,663	1,683	838.48	1,867	717.93
Short-Term Investments	15,642	7,708	3,700	2,427	1,678	2,433
Accounts Receivable	4,701	4,535	4,016	3,703	3,158	2,770
Other Receivables	1,540	1,167	754.89	464.69	209.62	263.06
Inventory	125.78	22.06	10.82	86.01	124.25	113.51
Restricted Cash	17.86	9.58	37.72	54.94	37.47	28.47
Loans Receivable Current	4.93	4.72	4.01	0.69	0.24	11.92
Other Current Assets	377.47	447.35	402.81	208.57	209.8	164.37
Total Current Assets	25,949	18,557	10,609	7,783	7,285	6,503
Property, Plant & Equipment	1,159	942.76	686.28	592.62	440.14	395.01
Other Intangible Assets	72,514	72,106	62,248	43,895	39,220	36,400
Long-Term Investments	243.15	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	41.51	-	-	98.08	-	-
Long-Term Accounts Receivable	14,637	11,278	5,207	7,667	8,831	8,775
Other Long-Term Assets	1,669	1,065	1,231	1,270	1,319	1,001
Total Assets	116,719	104,203	80,965	61,471	57,208	53,165
Accounts Payable	872.11	2,400	766.61	456.22	430.95	236.76
Accrued Expenses	3,287	3,759	3,023	2,406	1,452	1,048
Current Portion of Long-Term Debt	4,727	4,936	2,928	2,498	2,129	1,725
Current Portion of Leases	145.27	156.65	206.19	118.38	116.56	105.95
Current Income Taxes Payable	47.67	1.31	1.96	205.96	-	55.8
Other Current Liabilities	5,843	5,300	5,047	2,723	2,529	1,922
Total Current Liabilities	14,922	16,553	11,972	8,408	6,657	5,093
Long-Term Debt	46,649	34,930	21,863	16,587	16,370	15,476
Long-Term Leases	121.43	119.84	261.88	333.13	342.66	417.33
Pension & Post-Retirement Benefits	2,408	2,140	1,931	2,143	2,150	2,322
Long-Term Deferred Tax Liabilities	3,076	3,130	2,662	-	189.28	283.74
Other Long-Term Liabilities	5,091	4,929	5,348	4,143	4,165	4,642
Total Liabilities	72,895	61,802	44,037	31,614	29,874	28,234
Common Stock	21,379	21,210	15,000	15,000	15,000	15,000
Retained Earnings	22,679	21,548	21,648	14,711	12,156	9,885
Treasury Stock	-475.39	-475.39	-	-	-	-
Comprehensive Income & Other	117.65	118.08	280.34	146.36	177.64	46.37
Shareholders' Equity	43,824	42,401	36,928	29,857	27,334	24,932
Total Liabilities & Equity	116,719	104,203	80,965	61,471	57,208	53,165
Total Debt	51,643	40,142	25,258	19,536	18,959	17,724
Net Cash (Debt)	-32,460	-27,771	-19,876	-16,271	-15,413	-14,573
Net Cash Per Share	-9.13	-7.87	-5.64	-4.62	-4.37	-4.13
Filing Date Shares Outstanding	3,507	3,507	3,525	3,525	3,525	3,525
Total Common Shares Outstanding	3,507	3,507	3,525	3,525	3,525	3,525
Working Capital	11,027	2,004	-1,363	-624.39	627.32	1,410
Book Value Per Share	12.46	12.09	10.48	8.47	7.76	7.07
Tangible Book Value	-29,318	-29,705	-25,320	-14,037	-11,886	-11,468
Tangible Book Value Per Share	-8.36	-8.47	-7.18	-3.98	-3.37	-3.25
Land	105.54	94	94.75	94.23	94.23	94.21
Buildings	177.67	134.82	127.97	125.67	90.31	86.7
Machinery	1,079	962.91	680.62	499.05	463.93	444.78
Construction In Progress	231.05	143.24	63.35	-	-	-

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