BVMF:SMFT3 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	1,191	1,491	1,103	690.12	1,958	1,020
Short-Term Investments	1,767	1,457	1,510	2,233	1,762	-
Cash & Short-Term Investments	2,958	2,947	2,613	2,923	3,720	1,020
Cash Growth	-0.30%	12.78%	-10.59%	-21.42%	264.81%	-24.55%
Accounts Receivable	649.41	554.05	349.01	271.73	195.78	154.22
Other Receivables	616.89	603.66	370.88	313.46	254.55	137.22
Receivables	1,266	1,158	719.88	585.19	450.32	291.44
Other Current Assets	8.13	7.2	12.94	8.13	-	-
Total Current Assets	4,233	4,112	3,346	3,516	4,170	1,311
Property, Plant & Equipment	11,172	10,472	7,800	6,199	5,507	5,152
Long-Term Investments	132.91	184.02	110.15	491.46	131.14	185.25
Goodwill	2,074	2,101	1,768	1,324	1,433	1,451
Other Intangible Assets	357.32	294.14	145.1	88.5	86.57	90.13
Long-Term Deferred Tax Assets	925.93	913.5	798.26	204.56	150.08	117.13
Other Long-Term Assets	200.86	273.81	263.08	225.53	176.13	187.67
Total Assets	19,096	18,350	14,230	12,050	11,654	8,494
Accounts Payable	532.49	441.91	399.17	241.23	200.94	169.84
Accrued Expenses	133.84	-	-	-	-	-
Current Portion of Long-Term Debt	861.98	759.72	594.4	488.23	488.72	277.65
Current Portion of Leases	712.06	649.77	542.18	449.66	389.84	339.4
Current Income Taxes Payable	137.38	289.61	216.17	112.28	7.3	2.04
Current Unearned Revenue	222.07	216.3	206.08	228.43	180.56	132.51
Other Current Liabilities	290.85	434.34	286.22	229.07	161.56	163.14
Total Current Liabilities	2,891	2,792	2,244	1,749	1,429	1,085
Long-Term Debt	5,428	5,155	3,225	2,932	3,102	2,338
Long-Term Leases	4,916	4,751	3,565	2,880	2,631	2,534
Long-Term Unearned Revenue	3.44	4.35	0.13	0.66	1.56	2.29
Long-Term Deferred Tax Liabilities	28.87	37.02	7.72	19.35	8.28	15.8
Other Long-Term Liabilities	104.45	139.77	91.73	261.09	53.43	49.7
Total Liabilities	13,371	12,879	9,135	7,841	7,225	6,025
Common Stock	3,148	2,970	2,970	2,970	2,970	325.44
Retained Earnings	1,203	898.49	770.55	-1,376	-1,286	-651.82
Comprehensive Income & Other	1,372	1,587	1,327	2,592	2,712	2,773
Total Common Equity	5,723	5,456	5,068	4,186	4,397	2,446
Minority Interest	1.86	15.88	27.37	21.73	32.79	22.67
Shareholders' Equity	5,725	5,472	5,096	4,208	4,429	2,469
Total Liabilities & Equity	19,096	18,350	14,230	12,050	11,654	8,494
Total Debt	11,918	11,315	7,927	6,749	6,612	5,490
Net Cash (Debt)	-8,960	-8,368	-5,314	-3,827	-2,892	-4,470
Net Cash Per Share	-14.62	-13.80	-8.72	-6.53	-5.51	-10.10
Filing Date Shares Outstanding	597.25	586.24	586.24	586.24	586.24	328.92
Total Common Shares Outstanding	597.25	586.24	586.24	586.24	586.24	328.92
Working Capital	1,342	1,321	1,102	1,767	2,741	226.46
Book Value Per Share	9.58	9.31	8.65	7.14	7.50	7.44
Tangible Book Value	3,291	3,061	3,155	2,774	2,877	905.26
Tangible Book Value Per Share	5.51	5.22	5.38	4.73	4.91	2.75
Machinery	3,200	7,937	5,767	1,612	1,327	1,103
Construction In Progress	819.22	681.61	546.58	363.38	271.37	188.26

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.