BVMF:VAMO3 Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	185.22	325.42	152.94	97.77	84.5	153.16
Short-Term Investments	4,222	4,393	2,635	2,196	1,639	3,672
Cash & Short-Term Investments	4,407	4,718	2,788	2,294	1,723	3,825
Cash Growth	8.33%	69.21%	21.54%	33.14%	-54.95%	390.81%
Accounts Receivable	970.1	667.58	540.23	982.81	1,155	526.49
Other Receivables	304.2	325.29	243.81	502.5	276.04	106.08
Receivables	1,274	992.87	784.03	1,485	1,431	632.56
Inventory	106.61	130.59	103.89	1,651	763.58	332.52
Prepaid Expenses	61.88	15.48	13.53	18.02	25.72	15.07
Other Current Assets	527.96	574.21	454.83	509.93	246.35	63.27
Total Current Assets	6,378	6,431	4,145	5,958	4,190	4,868
Property, Plant & Equipment	15,813	15,995	15,670	13,382	12,002	4,991
Long-Term Investments	14.99	10.08	-	10.95	19.16	7.11
Goodwill	123.88	123.88	123.88	197.33	173.2	137.33
Other Intangible Assets	52.45	53.08	55.91	308.98	75.25	65.53
Long-Term Accounts Receivable	139.82	23.21	32.46	55.51	35.87	25.18
Long-Term Deferred Tax Assets	73.45	68.13	60.79	177.6	38.78	19.05
Other Long-Term Assets	177.37	259.77	189.83	719.02	140.67	72.02
Total Assets	22,773	22,965	20,277	20,809	16,675	10,186

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	889.89	696.8	650.29	1,044	2,715	631.34
Accrued Expenses	82.21	100.07	59.32	112.14	122.2	48.53
Short-Term Debt	-	-	-	124.26	197.59	137.4
Current Portion of Long-Term Debt	1,808	1,670	942.38	854.73	545.38	206.59
Current Portion of Leases	20.34	20.68	14.92	26.89	14.56	10.27
Current Income Taxes Payable	-	-	-	3.9	5.43	10.08
Other Current Liabilities	1,016	1,065	1,062	1,247	725.62	145.51
Total Current Liabilities	3,816	3,553	2,729	3,413	4,326	1,190
Long-Term Debt	14,068	15,079	13,562	10,750	7,126	5,946
Long-Term Leases	63.86	70.87	74.15	154.43	76.54	60.64
Long-Term Deferred Tax Liabilities	1,005	973.95	862.04	397.08	327.08	263.39
Other Long-Term Liabilities	521.35	726.06	607.05	1,359	1,181	85.46
Total Liabilities	19,474	20,403	17,835	16,074	13,037	7,545

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	1,169	1,013	1,013	2,143	1,274	632.95
Additional Paid-In Capital	-	-	-	-	1,838	1,838
Retained Earnings	342.53	154.82	-23.88	865.14	628.18	243.16
Treasury Stock	-0.26	-174.92	-112.86	-11.89	-12	-11.51
Comprehensive Income & Other	1,787	1,569	1,566	1,739	-89.68	-62.41
Shareholders' Equity	3,298	2,562	2,442	4,735	3,639	2,640
Total Liabilities & Equity	22,773	22,965	20,277	20,809	16,675	10,186

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	15,960	16,840	14,594	11,911	7,960	6,361
Net Cash (Debt)	-11,553	-12,122	-11,805	-9,617	-6,237	-2,536
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.35	-11.47	-10.86	-9.10	-2.37	-2.79
Filing Date Shares Outstanding	1,222	1,066	1,069	1,096	1,017	968.99
Total Common Shares Outstanding	1,222	1,066	1,069	1,096	1,017	968.99
Working Capital	2,561	2,878	1,415	2,545	-135.7	3,679
Book Value Per Share	2.70	2.40	2.29	4.32	3.58	2.72
Tangible Book Value	3,122	2,385	2,263	4,229	3,390	2,437
Tangible Book Value Per Share	2.56	2.24	2.12	3.86	3.33	2.52
Land	-	-	-	51.98	40.43	40.43
Buildings	9	8.35	8.37	44.26	23.92	22.32
Machinery	18,536	18,425	17,537	14,188	12,619	5,371
Leasehold Improvements	72.06	58.75	56.79	68.19	54.14	34.01