TIM S.A. (BVMF: TIMS3)

TIM S.A. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,287	3,078	2,549	5,229	2,575	2,285
Short-Term Investments	-	1,958	2,191	4,568	2,070	438.28
Cash & Short-Term Investments	4,332	5,036	4,739	9,797	4,646	2,723
Cash Growth	-2.56%	6.27%	-51.62%	110.87%	70.60%	73.33%
Accounts Receivable	4,471	3,740	3,452	3,097	3,057	3,190
Other Receivables	1,085	1,519	1,220	1,695	1,839	1,815
Receivables	5,555	5,259	4,671	4,792	4,896	5,005
Inventory	382.26	331.78	236.12	202.55	246.6	203.28
Prepaid Expenses	406	238.47	278.85	275.15	149.8	175.87
Other Current Assets	575.43	538.86	438.83	331.54	473.21	346.7
Total Current Assets	11,251	11,404	10,364	15,398	10,412	8,454
Property, Plant & Equipment	22,575	22,522	22,661	18,418	18,211	17,721
Long-Term Investments	1,594	1,680	1,553	1,613	7.06	3.85
Goodwill	3,112	3,112	-	475.74	1,527	1,527
Other Intangible Assets	11,702	12,402	16,417	10,000	7,390	8,032
Long-Term Accounts Receivable	335.6	405.46	446.69	399.35	285.67	254.52
Long-Term Deferred Tax Assets	1,120	1,257	1,368	536.89	550.65	-
Other Long-Term Assets	2,845	2,476	3,599	2,978	3,272	4,356
Total Assets	54,536	55,260	56,408	49,819	41,654	40,349
Accounts Payable	3,654	4,612	4,237	3,267	3,129	3,923
Accrued Expenses	4,004	3,434	2,621	1,781	1,208	682.03
Current Portion of Long-Term Debt	401.31	1,267	1,265	538.45	1,689	1,384
Current Portion of Leases	1,803	1,809	2,257	1,270	1,055	873.07
Current Income Taxes Payable	97.59	64.41	78.35	186.29	296.3	296.31
Current Unearned Revenue	273.59	279.4	265.42	197.18	266.44	281.93
Other Current Liabilities	1,393	1,417	2,394	3,372	657.98	676.93
Total Current Liabilities	11,626	12,883	13,118	10,611	8,302	8,117
Long-Term Debt	2,732	2,504	3,705	3,307	655.65	644.91
Long-Term Leases	10,706	10,448	10,575	7,794	7,324	6,908
Long-Term Unearned Revenue	569.36	621.6	666.61	689.16	755.49	827.18
Long-Term Deferred Tax Liabilities	-	-	-	-	-	47.73
Other Long-Term Liabilities	2,920	2,783	2,941	2,304	1,427	1,366
Total Liabilities	28,559	29,244	31,011	24,712	18,472	17,917
Common Stock	13,478	13,478	13,478	13,478	13,478	9,913
Retained Earnings	12,170	12,160	11,515	11,237	9,317	12,159
Treasury Stock	-47.99	-2.98	-0.16	-4.86	-4.84	-3.2
Comprehensive Income & Other	377.32	381	404.76	397.52	392.34	362.45
Shareholders' Equity	25,977	26,016	25,397	25,107	23,183	22,432
Total Liabilities & Equity	54,536	55,260	56,408	49,819	41,654	40,349
Total Debt	15,642	16,028	17,802	12,909	10,724	9,810
Net Cash (Debt)	-11,295	-10,978	-13,049	-3,101	-6,071	-7,083
Net Cash Per Share	-4.67	-4.54	-5.39	-1.28	-2.51	-2.93
Filing Date Shares Outstanding	2,516	2,421	2,420	2,420	2,421	2,421
Total Common Shares Outstanding	2,516	2,421	2,420	2,420	2,421	2,421
Working Capital	-374.35	-1,479	-2,754	4,787	2,110	336.65
Book Value Per Share	10.33	10.75	10.50	10.37	9.58	9.27
Tangible Book Value	11,163	10,501	8,981	14,632	14,266	12,873
Tangible Book Value Per Share	4.44	4.34	3.71	6.05	5.89	5.32
Land	38.58	38.59	-	40.79	40.79	40.79
Machinery	44,825	42,357	-	28,661	28,519	25,302
Construction In Progress	422.72	642.35	-	783.67	513.88	1,586

Source: S&P Capital IQ. Standard template. Financial Sources.