Syn Prop & Tech 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
Property, Plant & Equipment	1,600	1,608	1,658	3,152	3,184	3,249
Cash & Equivalents	153.39	167.88	268.59	165.35	132.4	447.02
Accounts Receivable	28.57	33.28	598.96	67.68	72.59	89.48
Other Receivables	13.14	5.96	119.26	25.72	36.91	64.6
Investment In Debt and Equity Securities	143.28	108.67	72.42	-	23.35	-
Other Intangible Assets	6.52	6.5	5.19	7.2	9.16	7.07
Other Current Assets	0.83	13.21	31.74	31.24	18.53	35.04
Trading Asset Securities	62.12	60.29	130.39	126.44	196.81	283.95
Other Long-Term Assets	239.77	274.34	263.55	428.75	401.07	717.18
Total Assets	2,247	2,279	3,148	4,004	4,075	4,893
Current Portion of Long-Term Debt	-	147.72	136.86	24.06	26.16	224.5
Current Portion of Leases	0.82	0.83	0.88	0.94	1.95	-
Long-Term Debt	584.23	712.43	1,079	1,346	1,389	1,772
Long-Term Leases	0.36	0.56	1.39	2.28	2.26	-
Accounts Payable	13.02	16.69	13.79	11.89	29.18	20.05
Accrued Expenses	1.73	2.31	3.46	3.03	2.69	2.52
Current Income Taxes Payable	6.3	18.67	26.68	13.83	10.18	18.18
Current Unearned Revenue	0.69	1.08	1.16	2.94	1.97	3.9
Other Current Liabilities	164.74	29.27	37.67	22.09	22.28	61.96
Long-Term Unearned Revenue	2.59	2.22	2.06	4.3	5.79	5.5
Long-Term Deferred Tax Liabilities	0.54	0.55	0.55	1.18	1.21	1.35
Other Long-Term Liabilities	1.13	1.07	3.9	6.88	7.75	7.93
Total Liabilities	791.33	933.49	1,307	1,439	1,501	2,118
Common Stock	573.31	542.06	872.06	1,432	1,463	1,463
Retained Earnings	111.29	91.62	160.99	54.74	64.78	214.35
Comprehensive Income & Other	8.21	39.94	40.74	29.49	-1.63	-12.37
Total Common Equity	692.82	673.62	1,074	1,516	1,526	1,665
Minority Interest	763.24	671.46	767.06	1,049	1,048	1,109
Shareholders' Equity	1,456	1,345	1,841	2,565	2,574	2,774
Total Liabilities & Equity	2,247	2,279	3,148	4,004	4,075	4,893
Total Debt	600.49	861.54	1,218	1,373	1,419	1,997
Net Cash (Debt)	-384.98	-633.36	-818.99	-1,081	-1,090	-1,266
Net Cash Per Share	-2.52	-4.15	-5.37	-7.08	-7.14	-8.29
Filing Date Shares Outstanding	152.64	152.64	152.64	152.64	152.64	152.64
Total Common Shares Outstanding	152.64	152.64	152.64	152.64	152.64	152.64
Book Value Per Share	4.54	4.41	7.03	9.93	10.00	10.91
Tangible Book Value	686.3	667.12	1,069	1,509	1,517	1,658
Tangible Book Value Per Share	4.50	4.37	7.00	9.89	9.94	10.86
Land	-	89.55	91.35	172.31	-	181.85
Buildings	-	1,739	1,760	3,313	-	3,325

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