TOTVS 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	1,786	1,942	3,129	2,736	2,871
Short-Term Investments	-	-	-	-	9.54
Cash & Short-Term Investments	1,786	1,942	3,129	2,736	2,881
Cash Growth	-8.06%	-37.93%	14.38%	-5.03%	177.68%
Accounts Receivable	639.14	563.33	538.53	475.65	1,984
Other Receivables	53.84	-	22.18	87.93	14.46
Receivables	692.98	563.33	560.71	563.58	1,998
Other Current Assets	1,397	258.07	216.43	2,931	607.45
Total Current Assets	3,876	2,764	3,906	6,230	5,486
Property, Plant & Equipment	570.12	399.22	413.49	416.88	404.87
Long-Term Investments	519.01	501.63	450.85	111.23	102.7
Goodwill	3,167	3,382	2,952	2,837	2,832
Other Intangible Assets	562.79	761.47	644.37	626.38	714.85
Long-Term Accounts Receivable	22.78	13.8	16.5	38.42	64.94
Long-Term Deferred Tax Assets	243.78	253.51	147.43	119.05	144.62
Long-Term Deferred Charges	157.39	117.96	74.46	42.72	39.68
Other Long-Term Assets	333.39	338.79	223.08	194.69	155.42
Total Assets	9,452	8,532	8,829	10,616	9,945
Accounts Payable	220.76	211.97	155.27	128.65	112.58
Accrued Expenses	658.76	617.66	534.11	465.75	414.58
Current Portion of Long-Term Debt	100.08	62.85	87.29	58.87	489.73
Current Portion of Leases	42.49	58.13	58.62	57.29	52.57
Current Income Taxes Payable	12.2	12.75	11.89	12.5	31.13
Other Current Liabilities	943.94	180.83	501.56	2,613	2,219
Total Current Liabilities	1,978	1,144	1,349	3,336	3,320
Long-Term Debt	1,477	1,472	1,491	1,489	1,123
Long-Term Leases	216.44	68.29	106.66	154.67	179.31
Long-Term Deferred Tax Liabilities	17.25	13.74	8.65	-	-
Other Long-Term Liabilities	319.53	846.09	860.66	1,052	837.02
Total Liabilities	4,009	3,545	3,816	6,031	5,459
Common Stock	2,963	2,963	2,963	2,963	2,963
Retained Earnings	2,249	1,715	1,263	793.57	483.21
Treasury Stock	-304.71	-350.16	-283.45	-217.67	-133.2
Comprehensive Income & Other	198.45	353.49	778.72	770.13	920.33
Total Common Equity	5,105	4,681	4,721	4,309	4,233
Minority Interest	338.18	305.77	292.1	276.23	253.08
Shareholders' Equity	5,443	4,987	5,013	4,585	4,486
Total Liabilities & Equity	9,452	8,532	8,829	10,616	9,945
Total Debt	1,836	1,662	1,744	1,760	1,845
Net Cash (Debt)	-50.58	280.61	1,385	976.22	1,036
Net Cash Growth	-	-79.74%	41.88%	-5.76%	45.41%
Net Cash Per Share	-0.08	0.46	2.26	1.59	1.76
Filing Date Shares Outstanding	587.64	585.89	603.81	605.75	608.08
Total Common Shares Outstanding	587.64	585.89	603.81	605.75	608.08
Working Capital	1,898	1,619	2,558	2,894	2,167
Book Value Per Share	8.69	7.99	7.82	7.11	6.96
Tangible Book Value	1,375	538.09	1,124	845.58	686.37
Tangible Book Value Per Share	2.34	0.92	1.86	1.40	1.13
Machinery	684.9	608.55	506.13	406.32	334.08
Leasehold Improvements	133.36	137.76	134.2	131.38	124.52

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