Suzano 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	15,839	9,019	8,346	9,506	13,591	6,835
Short-Term Investments	7,735	12,972	12,824	7,547	7,508	1,767
Trading Asset Securities	-	-	-	-	-	444.71
Cash & Short-Term Investments	23,574	21,990	21,170	17,053	21,099	9,047
Cash Growth	37.62%	3.88%	24.14%	-19.18%	133.21%	-3.75%
Accounts Receivable	6,129	9,133	6,848	9,607	6,531	2,915
Other Receivables	1,488	1,110	888.54	556.91	367.33	414.48
Receivables	7,618	10,242	7,737	10,164	6,899	3,330
Inventory	8,956	7,962	5,947	5,728	4,637	4,009
Other Current Assets	2,428	1,988	3,715	4,178	1,468	1,572
Total Current Assets	42,575	42,183	38,569	37,123	34,103	17,958
Property, Plant & Equipment	94,247	92,450	82,764	70,398	55,212	54,662
Long-Term Investments	1,233	1,591	379.13	379.12	292.32	122.71
Goodwill	8,377	8,413	8,416	8,250	8,248	8,253
Other Intangible Assets	5,020	5,715	6,562	7,177	8,018	8,743
Long-Term Deferred Tax Assets	1,479	7,984	545.21	3,986	8,730	8,677
Other Long-Term Assets	11,486	7,600	6,357	5,885	4,371	3,385
Total Assets	164,417	165,936	143,593	133,198	118,975	101,801
Accounts Payable	5,429	6,033	5,572	6,207	3,289	2,361
Accrued Expenses	1,246	1,233	766.91	674.53	590.53	492.73
Short-Term Debt	-	-	7.9	5.98	0.78	2.52
Current Portion of Long-Term Debt	3,790	10,501	4,750	3,329	3,655	2,041
Current Portion of Leases	846.67	872.23	753.4	672.17	623.28	620.18
Current Income Taxes Payable	239.25	363.72	443.45	449.12	339.55	170.48
Current Unearned Revenue	168.79	145.2	172.44	131.36	103.66	25.17
Other Current Liabilities	1,601	5,329	2,328	3,024	2,950	2,460
Total Current Liabilities	13,321	24,478	14,795	14,493	11,551	8,173
Long-Term Debt	89,172	90,934	72,414	71,240	75,973	70,856
Long-Term Leases	5,999	6,101	5,490	5,510	5,270	4,572
Pension & Post-Retirement Benefits	742.59	721.56	833.68	691.42	675.16	785.05
Long-Term Deferred Tax Liabilities	-	12.6	11.38	1.12	-	0.57
Other Long-Term Liabilities	9,924	11,274	5,238	8,097	10,331	10,077
Total Liabilities	119,158	133,521	98,783	100,032	103,800	94,463
Common Stock	19,269	19,269	9,269	9,269	9,269	9,269
Retained Earnings	26,380	12,979	35,376	24,208	3,928	-3,926
Treasury Stock	-1,511	-1,339	-1,484	-2,120	-218.27	-218.27
Comprehensive Income & Other	980.41	1,375	1,531	1,704	2,097	2,107
Total Common Equity	45,118	32,284	44,693	33,061	15,075	7,232
Minority Interest	140.02	131.31	117.53	105.33	99.66	105.56
Shareholders' Equity	45,258	32,416	44,810	33,166	15,175	7,337
Total Liabilities & Equity	164,417	165,936	143,593	133,198	118,975	101,801
Total Debt	99,808	108,408	83,416	80,757	85,522	78,092
Net Cash (Debt)	-76,234	-86,418	-62,247	-63,705	-64,423	-69,045
Net Cash Per Share	-61.49	-68.33	-47.97	-47.88	-47.74	-51.17
Filing Date Shares Outstanding	1,236	1,239	1,289	1,309	1,349	1,349
Total Common Shares Outstanding	1,236	1,239	1,289	1,309	1,349	1,349
Working Capital	29,255	17,705	23,774	22,630	22,552	9,785
Book Value Per Share	36.51	26.05	34.66	25.25	11.17	5.36
Tangible Book Value	31,721	18,156	29,715	17,635	-1,191	-9,764
Tangible Book Value Per Share	25.67	14.65	23.05	13.47	-0.88	-7.24
Land	16,718	16,775	14,859	14,486	9,791	9,912
Buildings	14,212	13,817	10,032	9,645	9,416	9,203
Machinery	64,437	62,822	48,457	45,160	43,950	43,184
Construction In Progress	4,425	3,511	17,485	10,373	1,604	883.38

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