Telefônica Brasil Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6,797	6,691	4,358	2,274	6,448	5,762
Short-Term Investments	-	-	1.15	1.02	30.11	-
Cash & Short-Term Investments	6,797	6,691	4,359	2,275	6,479	5,762
Cash Growth	-0.03%	53.49%	91.64%	-64.89%	12.44%	69.80%
Accounts Receivable	10,046	9,472	9,318	8,691	8,100	8,183
Other Receivables	3,021	3,159	2,690	3,194	4,099	3,032
Receivables	13,066	12,630	12,008	11,885	12,199	11,214
Inventory	1,256	1,097	822.81	789.72	639.83	633.1
Prepaid Expenses	2,614	1,869	1,434	1,142	1,006	859.77
Other Current Assets	515.62	526.66	620.19	1,193	736.5	591.68
Total Current Assets	24,249	22,814	19,245	17,284	21,060	19,061
Property, Plant & Equipment	44,728	46,812	46,318	45,898	44,408	44,353
Long-Term Investments	633.04	566.38	438.87	368.2	356.29	144.43
Goodwill	26,621	26,565	26,391	26,362	22,868	23,026
Other Intangible Assets	20,902	21,697	22,572	23,363	21,236	17,556
Long-Term Accounts Receivable	142.33	370.15	351.04	399.03	470.88	379.9
Long-Term Deferred Tax Assets	134.72	158.22	177.25	379.09	121.75	138.64
Other Long-Term Assets	6,489	5,958	5,245	5,068	5,142	4,080
Total Assets	123,899	124,941	120,738	119,121	115,664	108,738
Accounts Payable	9,532	9,231	8,170	7,416	7,132	6,613
Accrued Expenses	2,893	2,855	2,841	2,161	2,393	2,394
Current Portion of Long-Term Debt	409.53	1,928	605.52	2,603	4,004	1,429
Current Portion of Leases	4,524	4,521	3,877	3,503	2,907	2,262
Current Income Taxes Payable	94.07	9.9	3.52	3.06	3.07	1.69
Current Unearned Revenue	1,197	1,019	960.08	845.65	604.65	506.81
Other Current Liabilities	5,230	4,694	3,627	5,639	5,414	4,668
Total Current Liabilities	23,879	24,258	20,084	22,171	22,459	17,875
Long-Term Debt	3,604	3,583	4,630	4,830	1,773	1,066
Long-Term Leases	9,575	10,726	9,719	8,529	8,323	8,557
Long-Term Unearned Revenue	218.17	126.91	126.53	137.78	153.86	239.44
Pension & Post-Retirement Benefits	637.9	697.53	1,045	742.44	629.87	932.43
Long-Term Deferred Tax Liabilities	4,171	4,016	3,419	3,832	4,172	4,415
Other Long-Term Liabilities	13,314	11,734	12,086	10,424	8,146	6,097
Total Liabilities	55,399	55,141	51,111	50,666	45,657	39,182
Common Stock	60,071	62,071	63,571	63,571	63,571	63,571
Retained Earnings	8,940	7,523	5,886	4,631	5,533	4,737
Treasury Stock	-697.75	-0.19	-0.19	-607.44	-606.54	-110.54
Comprehensive Income & Other	124.19	135.14	110	809.04	1,429	1,359
Total Common Equity	68,438	69,730	69,567	68,404	69,927	69,557
Minority Interest	62.25	69.91	60.53	52.11	79	-
Shareholders' Equity	68,500	69,799	69,627	68,456	70,006	69,557
Total Liabilities & Equity	123,899	124,941	120,738	119,121	115,664	108,738
Total Debt	18,112	20,758	18,832	19,466	17,008	13,314
Net Cash (Debt)	-11,315	-14,067	-14,473	-17,191	-10,529	-7,552
Net Cash Per Share	-3.49	-4.28	-4.36	-5.14	-3.13	-5.51
Filing Date Shares Outstanding	3,205	3,253	3,305	3,327	3,354	3,376
Total Common Shares Outstanding	3,205	3,253	3,305	3,327	3,354	3,376
Working Capital	369.37	-1,444	-839.22	-4,887	-1,399	1,186
Book Value Per Share	21.35	21.43	21.05	20.56	20.85	20.60
Tangible Book Value	20,915	21,468	20,604	18,678	25,823	28,975
Tangible Book Value Per Share	6.53	6.60	6.23	5.61	7.70	8.58
Land	234.8	239.27	249.54	252.09	266.95	273.03
Machinery	132,408	129,522	124,289	118,933	112,630	106,634
Construction In Progress	1,851	1,636	1,537	2,590	1,667	2,378

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