Telefônica Brasil 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	7,032	6,691	4,358	2,274	6,448
Short-Term Investments	99.1	-	1.15	1.02	30.11
Cash & Short-Term Investments	7,131	6,691	4,359	2,275	6,479
Cash Growth	6.58%	53.49%	91.64%	-64.89%	12.44%
Accounts Receivable	-	-	9,318	8,691	8,100
Inventory	1,476	1,097	822.81	789.72	639.83
Other Current Assets	5,993	5,554	4,745	5,528	5,841
Total Current Assets	25,220	22,814	19,245	17,284	21,060
Net Property, Plant & Equipment	47,357	46,812	46,318	45,898	44,408
Other Intangible Assets	47,968	48,262	48,963	49,725	44,104
Long-Term Investments	462.19	609	475.04	411.72	393.53
Other Long-Term Assets	7,064	6,443	5,737	5,802	5,694
Total Assets	128,072	124,941	120,738	119,121	115,664
Accounts Payable	9,861	9,231	8,170	7,416	7,132
Accrued Expenses	2,993	2,834	2,813	2,136	2,377
Short-Term Debt	5,349	6,448	4,476	6,020	6,907
Unearned Revenue	1,076	1,019	960.08	845.65	604.65
Other Current Liabilities	5,966	4,726	3,665	5,753	5,439
Total Current Liabilities	25,246	24,258	20,084	22,171	22,459
Long-Term Debt	14,998	14,299	14,262	13,282	10,027
Other Long-Term Liabilities	18,825	16,585	16,765	15,213	13,171
Total Long-Term Liabilities	33,823	30,883	31,026	28,495	23,198
Total Liabilities	59,069	55,141	51,111	50,666	45,657
Common Stock	60,071	62,071	63,571	63,571	63,571
Additional Paid-in Capital	-110.08	63.1	63.1	149.41	754.44
Accumulated Other Comprehensive Income	25.05	71.86	46.71	52.18	68.16
Retained Earnings	8,735	7,523	5,886	4,631	5,533
Total Common Shareholders' Equity	68,722	69,730	69,567	68,404	69,927
Minority Interest	280.98	69.91	60.53	52.11	79
Shareholders' Equity	137,724	139,529	139,194	136,860	139,933
Total Liabilities & Equity	128,072	124,941	120,738	119,121	115,664
Total Debt	20,347	20,747	18,737	19,302	16,934
Net Cash (Debt)	-13,215	-14,055	-14,378	-17,027	-10,455
Net Cash Per Share	-8.20	-8.55	-8.67	-5.09	-3.11
Book Value	68,722	69,730	69,567	68,404	69,927
Book Value Per Share	42.64	42.44	41.94	20.47	20.77
Tangible Book Value	20,753	21,468	20,604	18,678	25,823
Tangible Book Value Per Share	12.88	13.07	12.42	5.59	7.67

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