Tecnisa 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	199.51	130.82	83.87	113.66	103.86
Short-Term Investments	16.37	31.45	16.87	87.35	71.15
Cash & Short-Term Investments	215.88	162.27	100.74	201.01	175.01
Cash Growth	33.04%	61.08%	-49.89%	14.86%	-28.19%
Accounts Receivable	48.8	199.74	220.17	99.77	30.56
Other Receivables	143.19	49.2	39.55	53.88	40.68
Receivables	191.99	248.94	259.72	153.65	71.24
Inventory	84.24	132.4	388.49	504.11	520.42
Prepaid Expenses	1.42	2.04	2.57	2.24	1.22
Total Current Assets	493.53	545.65	751.52	861	767.89
Property, Plant & Equipment	3.13	6.19	10.53	11.48	13.12
Long-Term Investments	464.38	489.15	472.43	505.59	589.63
Other Intangible Assets	7.61	10.38	11.76	10.47	13.62
Long-Term Accounts Receivable	15.27	21.25	35.11	44	37.98
Long-Term Deferred Tax Assets	4.53	3.28	7.29	1.29	9.9
Other Long-Term Assets	209.35	263.18	238.48	174.01	124.29
Total Assets	1,198	1,339	1,527	1,608	1,556
Accounts Payable	12.84	15.19	28.54	11.76	9.81
Accrued Expenses	21.52	20.95	19.87	25.02	19.73
Current Portion of Long-Term Debt	206.15	222.06	226.32	51.2	41.88
Current Income Taxes Payable	2.19	2.97	3.57	3.6	2.17
Current Unearned Revenue	53.67	66.39	48.28	54.07	22.54
Other Current Liabilities	44.95	71.21	54.92	88.01	147.29
Total Current Liabilities	342.56	405.75	388.61	236.79	244.54
Long-Term Debt	504.91	456.42	493.12	597.37	519.6
Long-Term Unearned Revenue	4.11	32.74	52.29	90.34	47.48
Long-Term Deferred Tax Liabilities	0.39	0.74	1.14	1.4	1.39
Other Long-Term Liabilities	53.87	57.62	56.44	59.91	82.16
Total Liabilities	905.84	953.27	991.6	985.81	895.17
Common Stock	1,868	1,868	1,868	1,868	1,868
Retained Earnings	-1,543	-1,446	-1,294	-1,237	-1,238
Comprehensive Income & Other	-39.68	-39.68	-40.28	-41.04	-39.68
Total Common Equity	285.76	382.32	534.53	589.94	590.25
Minority Interest	6.18	3.48	0.99	32.08	70.99
Shareholders' Equity	291.94	385.8	535.51	622.02	661.23
Total Liabilities & Equity	1,198	1,339	1,527	1,608	1,556
Total Debt	711.06	678.48	719.44	648.57	561.48
Net Cash (Debt)	-495.18	-516.21	-618.7	-447.56	-386.47
Net Cash Per Share	-6.69	-7.01	-8.40	-6.08	-5.25
Filing Date Shares Outstanding	73.61	73.62	73.62	73.62	73.62
Total Common Shares Outstanding	73.61	73.62	73.62	73.62	73.62
Working Capital	150.97	139.89	362.91	624.21	523.35
Book Value Per Share	3.88	5.19	7.26	8.01	8.02
Tangible Book Value	278.15	371.93	522.76	579.47	576.63
Tangible Book Value Per Share	3.78	5.05	7.10	7.87	7.83

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