BVMF:SMFT3 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	2,737	1,331	1,491	1,103	690.12	1,958
Short-Term Investments	1,826	2,095	1,457	1,510	2,233	1,762
Cash & Short-Term Investments	4,563	3,426	2,947	2,613	2,923	3,720
Cash Growth	54.66%	16.24%	12.78%	-10.59%	-21.42%	264.81%
Accounts Receivable	818.36	684.86	554.05	349.01	271.73	195.78
Other Receivables	665.28	678.11	603.66	370.88	313.46	254.55
Receivables	1,484	1,363	1,158	719.88	585.19	450.32
Other Current Assets	10.01	8.9	7.2	12.94	8.13	-
Total Current Assets	6,057	4,798	4,112	3,346	3,516	4,170
Property, Plant & Equipment	12,673	12,698	10,472	7,800	6,199	5,507
Long-Term Investments	153.11	176.6	184.02	110.15	491.46	131.14
Goodwill	2,117	2,200	2,101	1,768	1,324	1,433
Other Intangible Assets	362.06	350.83	294.14	145.1	88.5	86.57
Long-Term Deferred Tax Assets	1,079	1,069	913.5	798.26	204.56	150.08
Other Long-Term Assets	213.84	204.59	273.81	263.08	225.53	176.13
Total Assets	22,655	21,498	18,350	14,230	12,050	11,654
Accounts Payable	741.93	626.01	441.91	399.17	241.23	200.94
Current Portion of Long-Term Debt	1,112	939.13	759.72	594.4	488.23	488.72
Current Portion of Leases	795.16	789.42	649.77	542.18	449.66	389.84
Current Income Taxes Payable	334.61	331.43	289.61	216.17	112.28	7.3
Current Unearned Revenue	243.11	243.27	216.3	206.08	228.43	180.56
Other Current Liabilities	297.81	716.78	434.34	286.22	229.07	161.56
Total Current Liabilities	3,524	3,646	2,792	2,244	1,749	1,429
Long-Term Debt	7,555	6,538	5,155	3,225	2,932	3,102
Long-Term Leases	5,490	5,485	4,751	3,565	2,880	2,631
Long-Term Unearned Revenue	2.77	3.1	4.35	0.13	0.66	1.56
Long-Term Deferred Tax Liabilities	65.64	70.91	37.02	7.72	19.35	8.28
Other Long-Term Liabilities	89.11	91.24	139.77	91.73	261.09	53.43
Total Liabilities	16,726	15,834	12,879	9,135	7,841	7,225
Common Stock	3,524	3,148	2,970	2,970	2,970	2,970
Retained Earnings	1,046	914.46	898.49	770.55	-1,376	-1,286
Comprehensive Income & Other	1,354	1,599	1,587	1,327	2,592	2,712
Total Common Equity	5,924	5,662	5,456	5,068	4,186	4,397
Minority Interest	4.53	1.86	15.88	27.37	21.73	32.79
Shareholders' Equity	5,929	5,663	5,472	5,096	4,208	4,429
Total Liabilities & Equity	22,655	21,498	18,350	14,230	12,050	11,654
Total Debt	14,951	13,752	11,315	7,927	6,749	6,612
Net Cash (Debt)	-10,388	-10,325	-8,368	-5,314	-3,827	-2,892
Net Cash Per Share	-16.73	-16.77	-13.80	-8.72	-6.53	-5.51
Filing Date Shares Outstanding	616.13	597.25	597.25	586.24	586.24	586.24
Total Common Shares Outstanding	616.13	597.25	586.24	586.24	586.24	586.24
Working Capital	2,533	1,152	1,321	1,102	1,767	2,741
Book Value Per Share	9.62	9.48	9.31	8.65	7.14	7.50
Tangible Book Value	3,445	3,110	3,061	3,155	2,774	2,877
Tangible Book Value Per Share	5.59	5.21	5.22	5.38	4.73	4.91
Machinery	3,759	3,556	2,885	5,767	1,612	1,327
Construction In Progress	721.24	1,211	681.61	546.58	363.38	271.37

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