Telecomunicações Brasileiras S.A. - Telebras (BVMF:TELB3)

BVMF:TELB3 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	555.74	425.39	380.71	352.61	272.84	143.88
Cash & Short-Term Investments	555.74	425.39	380.71	352.61	272.84	143.88
Cash Growth	28.98%	11.73%	7.97%	29.24%	89.63%	-83.12%
Accounts Receivable	386.6	233.3	176.89	105.87	86.44	94.67
Other Receivables	184.25	179.99	179.55	171.03	147.6	139.54
Receivables	570.86	413.29	356.43	276.9	234.04	234.22
Other Current Assets	934.93	937.33	870.21	899.2	950.18	938.43
Total Current Assets	2,062	1,776	1,607	1,529	1,457	1,317
Property, Plant & Equipment	1,780	1,910	2,121	2,254	2,369	2,592
Long-Term Investments	125.53	166.81	150.77	147.67	154.61	154.69
Other Intangible Assets	27.57	19.4	23.17	25.08	30.95	26.86
Long-Term Deferred Tax Assets	5.66	8.28	11.63	9.23	-	3.91
Other Long-Term Assets	171.69	209.78	89.29	70.71	87.31	149.72
Total Assets	4,172	4,090	4,004	4,035	4,099	4,244
Accounts Payable	236.61	144.64	122.72	106.84	58.79	81.91
Accrued Expenses	21.8	38.66	18.35	19.86	24.03	33.61
Current Portion of Long-Term Debt	-	46.21	45.71	47.18	48.93	51.51
Current Portion of Leases	4.08	5.37	5.32	4.79	4.25	4.7
Current Unearned Revenue	44.41	44.41	62.81	110.06	152.87	96.6
Other Current Liabilities	53.99	35.29	25.75	32.89	34.84	32.64
Total Current Liabilities	360.89	314.58	280.66	321.62	323.71	300.96
Long-Term Debt	-	-	44.89	89.64	144.77	199.26
Long-Term Leases	4.23	4.14	8.8	11.87	11.11	15.03
Long-Term Unearned Revenue	255.37	273.61	310.09	346.57	383.05	419.53
Other Long-Term Liabilities	1,997	2,016	1,934	1,711	1,806	1,756
Total Liabilities	2,618	2,608	2,578	2,480	2,668	2,691
Common Stock	3,587	3,474	3,474	3,474	3,107	3,107
Retained Earnings	-2,197	-2,140	-2,073	-1,946	-1,710	-1,583
Treasury Stock	-0.11	-0.11	-0.11	-0.11	-0.11	-0.11
Comprehensive Income & Other	164.35	147.41	24.48	26.57	33.38	29.04
Shareholders' Equity	1,554	1,482	1,426	1,555	1,431	1,553
Total Liabilities & Equity	4,172	4,090	4,004	4,035	4,099	4,244
Total Debt	8.31	55.72	104.72	153.47	209.05	270.49
Net Cash (Debt)	547.43	369.66	275.99	199.14	63.79	-126.6
Net Cash Growth	56.14%	33.94%	38.59%	212.21%	-	-
Net Cash Per Share	6.32	4.28	3.19	2.31	0.94	-1.87
Filing Date Shares Outstanding	93.6	86.38	86.38	86.38	67.86	67.86
Total Common Shares Outstanding	93.6	86.38	86.38	86.38	67.86	67.86
Working Capital	1,701	1,461	1,327	1,207	1,133	1,016
Book Value Per Share	16.60	17.16	16.50	18.00	21.08	22.89
Tangible Book Value	1,526	1,463	1,402	1,530	1,400	1,526
Tangible Book Value Per Share	16.31	16.93	16.24	17.71	20.63	22.49
Machinery	2,946	2,913	2,829	2,726	2,697	2,670
Construction In Progress	7.18	39.3	86.24	138.56	52	113.41
Leasehold Improvements	-	287.46	287.38	286.35	346.24	328.52

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