Ultrapar Participações 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	2,534	2,072	5,926	5,622	2,280	2,661
Short-Term Investments	1,490	2,553	292.93	520.35	1,804	5,033
Cash & Short-Term Investments	4,024	4,625	6,219	6,142	4,084	7,695
Cash Growth	-4.94%	-25.63%	1.25%	50.39%	-46.92%	47.82%
Accounts Receivable	4,212	4,052	5,351	4,894	3,958	3,868
Other Receivables	2,282	2,490	1,901	1,885	1,409	1,469
Receivables	6,494	6,542	7,252	6,779	5,367	5,337
Inventory	3,824	3,917	4,291	4,906	3,919	3,846
Prepaid Expenses	166.32	163.85	99.92	123.7	98.02	132.12
Other Current Assets	1,789	799.83	787.21	614.11	11,556	478.91
Total Current Assets	16,297	16,048	18,649	18,565	25,024	17,489
Property, Plant & Equipment	13,742	8,762	8,067	7,636	7,172	10,122
Long-Term Investments	2,864	4,035	1,112	554.23	457.87	1,145
Goodwill	1,463	1,875	1,102	917.78	818.1	931.81
Other Intangible Assets	3,374	2,399	3,086	2,592	2,177	2,078
Long-Term Accounts Receivable	797.47	793.05	563.86	1,475	479.22	491.45
Long-Term Deferred Tax Assets	848.63	936.94	1,255	898.24	571.76	974.71
Other Long-Term Assets	6,087	4,661	4,386	3,804	2,310	3,016
Total Assets	45,565	39,558	38,252	36,441	39,010	36,250
Accounts Payable	3,413	4,533	5,722	7,378	5,790	4,041
Accrued Expenses	799.64	655.61	1,429	948.11	580.36	781.72
Short-Term Debt	-	-	-	-	55.74	1,195
Current Portion of Long-Term Debt	2,642	3,553	1,993	3,361	2,810	2,061
Current Portion of Leases	336.45	316.46	311.43	225.03	188.83	260.19
Current Income Taxes Payable	292.16	322.07	551.79	315.05	196.35	169.32
Current Unearned Revenue	-	-	-	-	-	18.28
Other Current Liabilities	1,426	1,113	1,222	539.53	3,019	714.74
Total Current Liabilities	8,910	10,493	11,230	12,766	12,640	9,241
Long-Term Debt	14,146	10,753	9,778	8,393	13,515	14,124
Long-Term Leases	1,371	1,169	1,213	1,299	1,159	1,573
Pension & Post-Retirement Benefits	212.53	198.78	241.21	193.75	194.64	257.65
Long-Term Deferred Tax Liabilities	631.49	132.83	0.21	0.3	0.28	12.73
Other Long-Term Liabilities	1,626	988.27	1,761	1,614	1,031	1,132
Total Liabilities	26,898	23,735	24,222	24,266	28,541	26,340
Common Stock	7,987	6,622	6,622	5,172	5,172	5,172
Additional Paid-In Capital	617.28	612.05	597.83	599.46	596.48	594.05
Retained Earnings	8,426	8,195	6,524	6,189	4,866	4,464
Treasury Stock	-826.91	-596.4	-470.51	-479.67	-488.43	-489.07
Comprehensive Income & Other	184.05	326.1	233.84	227.94	-79.3	-206.65
Total Common Equity	16,388	15,159	13,506	11,709	10,067	9,534
Minority Interest	2,279	664.73	523.33	466.23	402.32	376.52
Shareholders' Equity	18,667	15,823	14,030	12,175	10,469	9,910
Total Liabilities & Equity	45,565	39,558	38,252	36,441	39,010	36,250
Total Debt	18,496	15,791	13,295	13,278	17,729	19,213
Net Cash (Debt)	-14,473	-11,166	-7,076	-7,136	-13,645	-11,518
Net Cash Per Share	-13.02	-9.99	-6.40	-6.49	-12.44	-10.51
Filing Date Shares Outstanding	1,068	1,082	1,090	1,089	1,091	1,090
Total Common Shares Outstanding	1,068	1,082	1,090	1,089	1,091	1,090
Working Capital	7,387	5,555	7,419	5,798	12,384	8,248
Book Value Per Share	15.34	14.01	12.40	10.75	9.22	8.74
Tangible Book Value	11,551	10,885	9,319	8,199	7,071	6,524
Tangible Book Value Per Share	10.81	10.06	8.55	7.53	6.48	5.98
Land	807.23	609.62	607.15	618.97	610.15	686.96
Buildings	2,670	1,745	1,647	1,533	1,487	2,155
Machinery	13,271	7,897	7,795	7,228	7,056	10,737
Construction In Progress	1,499	1,348	783.5	694.73	452.25	580.7
Leasehold Improvements	1,612	1,415	1,293	1,169	1,056	1,223

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