Trisul 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	526.81	449.77	362.01	310.36	387.51
Cash & Short-Term Investments	526.81	449.77	362.01	310.36	387.51
Cash Growth	17.13%	24.24%	16.64%	-19.91%	-19.05%
Accounts Receivable	991.53	786.44	669.07	437.2	370.85
Other Receivables	19.24	12.63	2.29	2.61	2.95
Receivables	1,011	799.07	671.36	439.81	373.8
Inventory	1,365	996.89	1,022	940.01	801.69
Other Current Assets	14.76	20.38	7.99	4.04	8.14
Total Current Assets	2,917	2,266	2,063	1,694	1,571
Property, Plant & Equipment	70.07	56.73	85.94	96.5	26.9
Long-Term Investments	165.17	151.45	163.18	72.54	64.34
Other Intangible Assets	3.68	3.75	3.9	3.15	2.6
Long-Term Accounts Receivable	201.67	152.85	138.99	112.8	105.19
Other Long-Term Assets	75.32	411.71	302.58	595.84	569.89
Total Assets	3,433	3,043	2,758	2,575	2,340
Accounts Payable	100.17	118.4	66.01	63.64	57.83
Accrued Expenses	18.87	19.12	12.26	9.08	9.98
Current Portion of Long-Term Debt	424.64	99.09	476.99	174.14	146.09
Current Income Taxes Payable	3.98	3.28	2.74	1.61	5.57
Current Unearned Revenue	213.96	131.11	123.88	70.54	84.53
Other Current Liabilities	182.32	76.44	57.87	87.94	129.74
Total Current Liabilities	983.18	478	765.57	424	447.36
Long-Term Debt	636.09	722.63	563.79	729.97	496.46
Long-Term Unearned Revenue	82.68	202.17	10.49	12.96	23.84
Long-Term Deferred Tax Liabilities	6.13	5.08	4.98	3.75	3.32
Other Long-Term Liabilities	246.95	146.66	21.86	95.89	97.91
Total Liabilities	1,955	1,555	1,367	1,267	1,069
Common Stock	1,342	866.08	866.08	866.08	866.08
Additional Paid-In Capital	-	-	9.36	9.36	9.36
Retained Earnings	166.06	651.53	527.3	441.7	401.24
Treasury Stock	-46.65	-46.65	-34.26	-34.26	-34.26
Comprehensive Income & Other	-11.96	-11.96	-21.32	-21.32	-21.32
Total Common Equity	1,450	1,459	1,347	1,262	1,221
Minority Interest	28.66	29.05	43.89	46.91	50.07
Shareholders' Equity	1,478	1,488	1,391	1,308	1,271
Total Liabilities & Equity	3,433	3,043	2,758	2,575	2,340
Total Debt	1,061	821.72	1,041	904.12	642.55
Net Cash (Debt)	-497.31	-350.27	-666.07	-593.76	-255.04
Net Cash Per Share	-2.05	-1.50	-2.81	-2.51	-1.06
Filing Date Shares Outstanding	233.52	233.52	236.76	236.76	237.54
Total Common Shares Outstanding	233.52	233.52	236.76	236.76	237.54
Working Capital	1,934	1,788	1,298	1,270	1,124
Book Value Per Share	6.21	6.25	5.69	5.33	5.14
Tangible Book Value	1,446	1,455	1,343	1,258	1,219
Tangible Book Value Per Share	6.19	6.23	5.67	5.32	5.13
Land	1.77	1.77	13.88	-	-
Buildings	7.08	7.08	40.85	-	-
Machinery	18.01	20.72	20.24	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.