TOTVS Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,256	1,786	1,942	3,129	2,736	2,871
Short-Term Investments	-	-	-	-	-	9.54
Cash & Short-Term Investments	1,256	1,786	1,942	3,129	2,736	2,881
Cash Growth	-35.36%	-8.06%	-37.93%	14.38%	-5.03%	177.68%
Accounts Receivable	697.3	639.14	563.33	538.53	475.65	1,984
Other Receivables	104.5	53.84	-	22.18	87.93	14.46
Receivables	801.8	692.98	563.33	560.71	563.58	1,998
Other Current Assets	1,380	1,397	258.07	216.43	2,931	607.45
Total Current Assets	3,437	3,876	2,764	3,906	6,230	5,486
Property, Plant & Equipment	620.1	570.12	399.22	413.49	416.88	404.87
Long-Term Investments	1,574	519.01	501.63	450.85	111.23	102.7
Goodwill	-	3,167	3,382	2,952	2,837	2,832
Other Intangible Assets	6,292	562.79	761.47	644.37	626.38	714.85
Long-Term Accounts Receivable	32.6	22.78	13.8	16.5	38.42	64.94
Long-Term Deferred Tax Assets	262.8	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	352.9	333.39	338.79	223.08	194.69	155.42
Total Assets	12,572	9,452	8,532	8,829	10,616	9,945
Accounts Payable	263.2	220.76	211.97	155.27	128.65	112.58
Accrued Expenses	682.2	658.76	617.66	534.11	465.75	414.58
Current Portion of Long-Term Debt	108.9	100.08	62.85	87.29	58.87	489.73
Current Portion of Leases	49.7	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	1,079	943.94	180.83	501.56	2,613	2,219
Total Current Liabilities	2,183	1,978	1,144	1,349	3,336	3,320
Long-Term Debt	4,471	1,477	1,472	1,491	1,489	1,123
Long-Term Leases	214.7	216.44	68.29	106.66	154.67	179.31
Long-Term Deferred Tax Liabilities	45.6	17.25	13.74	8.65	-	-
Other Long-Term Liabilities	351.8	319.53	846.09	860.66	1,052	837.02
Total Liabilities	7,267	4,009	3,545	3,816	6,031	5,459
Common Stock	2,963	2,963	2,963	2,963	2,963	2,963
Retained Earnings	2,373	2,249	1,715	1,263	793.57	483.21
Treasury Stock	-581.1	-304.71	-350.16	-283.45	-217.67	-133.2
Comprehensive Income & Other	209.2	198.45	353.49	778.72	770.13	920.33
Total Common Equity	4,964	5,105	4,681	4,721	4,309	4,233
Minority Interest	341.4	338.18	305.77	292.1	276.23	253.08
Shareholders' Equity	5,305	5,443	4,987	5,013	4,585	4,486
Total Liabilities & Equity	12,572	9,452	8,532	8,829	10,616	9,945
Total Debt	4,845	1,836	1,662	1,744	1,760	1,845
Net Cash (Debt)	-3,589	-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	-6.11	-0.08	0.46	2.26	1.59	1.76
Filing Date Shares Outstanding	587.64	587.64	585.89	603.81	605.75	608.08
Total Common Shares Outstanding	587.64	587.64	585.89	603.81	605.75	608.08
Working Capital	1,254	1,898	1,619	2,558	2,894	2,167
Book Value Per Share	8.45	8.69	7.99	7.82	7.11	6.96
Tangible Book Value	-1,328	1,375	538.09	1,124	845.58	686.37
Tangible Book Value Per Share	-2.26	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.