São Martinho Balance Sheet

Financials in millions BRL. Fiscal year is April - March.

Millions BRL. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	45.59	898.59	204.56	273.41	114.9	288.35
Short-Term Investments	3,255	2,184	2,946	2,805	2,858	1,062
Trading Asset Securities	-	-	5.32	7.03	-	10.93
Cash & Short-Term Investments	3,301	3,083	3,156	3,085	2,973	1,361
Cash Growth	1.38%	-2.31%	2.29%	3.79%	118.36%	-29.42%
Accounts Receivable	415.24	477.21	666.11	274.9	225.71	215.66
Other Receivables	613.87	499.72	317.2	308.13	103.93	54.31
Receivables	1,029	976.93	983.31	583.04	329.64	269.97
Inventory	3,260	2,149	1,974	1,855	1,984	1,436
Other Current Assets	202.71	96.49	115.77	164.44	267.28	138.36
Total Current Assets	7,793	6,305	6,229	5,687	5,554	3,206
Property, Plant & Equipment	10,825	11,461	10,835	10,532	9,856	7,832
Long-Term Investments	343.33	239.94	262.57	273.37	215.24	85.22
Goodwill	374.63	374.63	374.63	374.63	374.63	374.63
Other Intangible Assets	82.19	77.48	80.34	89.49	82.68	77.11
Long-Term Accounts Receivable	404.95	407.1	401.83	40.69	26.87	24.19
Other Long-Term Assets	3,316	2,904	2,188	1,826	1,251	819.06
Total Assets	23,139	21,769	20,371	18,824	17,359	12,418
Accounts Payable	692.26	404.99	408.59	281.31	415.08	221.71
Accrued Expenses	286.99	302.91	281.63	216.26	226.66	196.11
Current Portion of Long-Term Debt	973.78	1,061	1,195	1,263	788.92	700.72
Current Portion of Leases	564.98	690.49	662.91	685.71	582.85	66.26
Current Income Taxes Payable	5.38	5.83	9.47	8.49	7.6	7.48
Current Unearned Revenue	111.31	47.73	37.41	5.17	27.27	17.44
Other Current Liabilities	79.12	77	259.6	155.67	126.68	631.85
Total Current Liabilities	2,714	2,590	2,854	2,616	2,175	1,842
Long-Term Debt	8,489	7,235	5,454	5,603	5,341	3,438
Long-Term Leases	1,670	2,140	2,212	2,356	2,424	399.34
Long-Term Deferred Tax Liabilities	495.99	792.96	821.35	997.13	1,111	834.82
Other Long-Term Liabilities	2,472	2,312	2,167	1,340	989.02	1,918
Total Liabilities	15,841	15,070	13,509	12,911	12,041	8,431
Common Stock	4,819	4,445	3,942	3,161	2,682	2,072
Retained Earnings	1,308	1,164	1,819	1,828	1,676	1,504
Treasury Stock	-138.75	-90.32	-16.33	-140	-140	-140
Comprehensive Income & Other	1,310	1,180	1,118	1,062	1,100	551.05
Shareholders' Equity	7,299	6,699	6,862	5,912	5,318	3,987
Total Liabilities & Equity	23,139	21,769	20,371	18,824	17,359	12,418
Total Debt	11,697	11,126	9,524	9,908	9,137	4,604
Net Cash (Debt)	-8,396	-8,043	-6,367	-6,822	-6,164	-3,243
Net Cash Per Share	-25.33	-24.12	-18.38	-19.70	-17.80	-9.36
Filing Date Shares Outstanding	325.42	328.58	345.83	346.38	356.38	346.38
Total Common Shares Outstanding	325.42	328.58	345.83	346.38	356.38	356.38
Working Capital	5,079	3,716	3,375	3,072	3,378	1,364
Book Value Per Share	22.43	20.39	19.84	17.07	14.92	11.19
Tangible Book Value	6,842	6,247	6,407	5,448	4,861	3,535
Tangible Book Value Per Share	21.02	19.01	18.53	15.73	13.64	9.92
Land	1,842	1,820	1,821	1,817	1,817	1,815
Buildings	906.82	826.07	740.09	694.01	548.65	535.84
Machinery	5,608	5,645	5,036	4,340	3,687	3,118
Construction In Progress	475.56	525.45	514.34	654.58	752.52	160.36

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