Taurus Armas Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	67.55	112.61	83.36	201.22	185.76
Short-Term Investments	267.79	177.24	120.98	105.54	70.78
Cash & Short-Term Investments	335.34	289.85	204.34	306.76	256.54
Cash Growth	15.69%	41.85%	-33.39%	19.58%	181.15%
Accounts Receivable	247.19	297.11	211.63	352.44	515.16
Other Receivables	110.8	132.22	79.99	68.04	95.04
Receivables	357.99	429.33	291.61	420.48	610.2
Inventory	775.38	779.28	661.81	630.39	491.86
Prepaid Expenses	28.84	45.63	30.23	41.95	-
Other Current Assets	7	7	7	68.03	97.38
Total Current Assets	1,505	1,551	1,195	1,468	1,456
Property, Plant & Equipment	650.27	630.69	544.75	480.01	330.33
Long-Term Investments	14.51	67.93	68.51	26.3	4.42
Goodwill	-	51.73	47.56	48.72	49.84
Other Intangible Assets	190.24	130.1	84.66	72.09	46.65
Long-Term Deferred Tax Assets	73.09	84.5	76.9	60.86	121.38
Long-Term Deferred Charges	-	4.44	4.12	4.97	5.88
Other Long-Term Assets	153.74	90.96	132.39	115.62	79.13
Total Assets	2,586	2,629	2,154	2,276	2,094
Accounts Payable	113.33	156.25	111.61	112.23	143.61
Accrued Expenses	89.21	157.9	140.98	130.54	142.39
Short-Term Debt	662.13	-	-	-	217.35
Current Portion of Long-Term Debt	-	554.32	412.99	392.97	401.55
Current Portion of Leases	-	-	0.14	-	-
Current Income Taxes Payable	0.38	10.42	2.42	16.33	21.11
Other Current Liabilities	90.05	138.07	132.32	346.6	193.8
Total Current Liabilities	955.1	1,017	800.47	998.67	1,120
Long-Term Debt	245.17	195.37	117.97	97.07	76.06
Long-Term Leases	-	-	-	8.53	8.83
Long-Term Deferred Tax Liabilities	16.69	11.19	14.15	16.74	16.47
Other Long-Term Liabilities	122	110.77	129.48	130.95	115.41
Total Liabilities	1,339	1,334	1,062	1,252	1,337
Common Stock	548.1	448.1	367.94	367.94	308.19
Retained Earnings	454.66	536.74	566.59	464.26	233.94
Treasury Stock	-1.3	-4.77	-6.76	-	-
Comprehensive Income & Other	245.99	314.29	164.03	192.04	214.92
Shareholders' Equity	1,247	1,294	1,092	1,024	757.05
Total Liabilities & Equity	2,586	2,629	2,154	2,276	2,094
Total Debt	907.3	749.69	531.1	498.56	703.8
Net Cash (Debt)	-571.96	-459.84	-326.76	-191.8	-447.25
Net Cash Per Share	-	-3.31	-2.34	-1.44	-3.64
Filing Date Shares Outstanding	-	138.94	138.81	139.3	129.91
Total Common Shares Outstanding	-	138.94	138.81	139.3	129.91
Working Capital	549.45	534.13	394.53	468.95	336.19
Book Value Per Share	-	9.32	7.87	7.35	5.83
Tangible Book Value	1,057	1,113	959.59	903.42	660.55
Tangible Book Value Per Share	-	8.01	6.91	6.49	5.08
Land	-	28.55	27.7	10.61	10.83
Buildings	-	188.53	179.12	159.93	130.51
Machinery	-	407.35	385.4	391	351.51
Construction In Progress	-	229.5	172.41	159.74	76.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.