TIM S.A. Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2017	FY 2016	FY 2015	FY 2012
Period Ending	Dec '25 Dec 31, 2025	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '12 Dec 31, 2012
Cash & Equivalents	3,610	2,961	5,128	6,100	4,430
Short-Term Investments	2,274	768.61	479.95	599.41	0.81
Cash & Short-Term Investments	5,885	3,729	5,608	6,700	4,431
Cash Growth	57.79%	-33.50%	-16.29%	51.22%	73.13%
Accounts Receivable	4,902	2,567	2,919	2,858	3,651
Inventory	357.2	123.79	143.93	141.72	269.15
Other Current Assets	1,800	2,300	1,436	2,341	1,617
Total Current Assets	13,464	7,607	10,107	12,040	9,968
Net Property, Plant & Equipment	23,372	10,838	11,286	10,865	7,567
Other Intangible Assets	14,593	11,313	10,633	9,959	5,989
Long-Term Investments	1,287	-	-	-	21.83
Other Long-Term Assets	4,224	1,895	2,629	2,692	2,564
Total Assets	56,939	32,600	34,656	35,556	26,109
Accounts Payable	5,139	3,987	3,461	3,735	4,293
Accrued Expenses	361.27	262.45	212.28	199.37	133.28
Short-Term Debt	925.63	-	1,145	2,326	951.01
Current Portion of Leases	1,703	2,093	96.6	38.59	-
Unearned Revenue	259.53	-	812.34	1,043	-
Other Current Liabilities	5,594	514.61	1,554	1,825	1,998
Total Current Liabilities	15,201	7,224	7,282	9,167	7,375
Long-Term Debt	1,853	-	5,575	5,600	3,439
Long-Term Leases	12,062	-	1,706	1,580	-
Other Long-Term Liabilities	3,846	2,601	2,906	2,632	1,286
Total Long-Term Liabilities	17,761	7,225	10,187	9,812	4,901
Total Liabilities	32,962	14,449	17,468	18,979	12,276
Common Stock	13,478	9,866	9,866	9,866	9,840
Treasury Stock	-78.54	-16.49	-3.37	-3.37	-3.37
Additional Paid-in Capital	388.24	416.16	1,564	1,442	387
Accumulated Other Comprehensive Income	-2.96	0.99	-0.51	1.89	-0.23
Retained Earnings	-	7,884	5,761	5,270	3,610
Shareholders' Equity	23,977	18,151	17,188	16,577	13,833
Total Liabilities & Equity	56,939	32,600	34,656	35,556	26,109
Total Debt	16,544	2,093	8,522	9,545	4,390
Net Cash (Debt)	-10,659	1,637	-2,914	-2,845	40.5
Net Cash Per Share	-	3.38	-6.02	-5.88	0.08
Book Value	23,977	18,151	17,188	16,577	13,833
Book Value Per Share	-	37.49	35.51	34.25	28.61
Tangible Book Value	9,385	6,839	6,555	6,618	7,844
Tangible Book Value Per Share	-	14.12	13.54	13.67	16.23

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.