HAPVY 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	670.75	596.75	1,430	1,268	347.26	143.21
Short-Term Investments	8,841	8,178	5,573	3,332	1,720	2,334
Cash & Short-Term Investments	9,512	8,774	7,004	4,600	2,067	2,477
Cash Growth	28.47%	25.28%	52.26%	122.50%	-16.55%	76.37%
Accounts Receivable	563.34	561.94	629.43	1,617	1,670	433.43
Other Receivables	924.12	523.93	383	275.71	237.87	184.11
Receivables	1,487	1,086	1,012	1,892	1,908	617.53
Inventory	357.06	366.43	318.61	280.76	156.93	101.68
Other Current Assets	966.69	843.16	804.49	823.04	178.91	305.55
Total Current Assets	12,323	11,070	9,139	7,596	4,311	3,502
Property, Plant & Equipment	7,132	7,389	6,883	7,305	3,011	2,250
Long-Term Investments	305.39	486.43	891.79	1,271	5,791	1,225
Goodwill	45,162	45,219	45,219	44,882	5,092	2,705
Other Intangible Assets	3,694	4,259	5,066	5,874	2,464	2,809
Long-Term Deferred Tax Assets	4,084	3,752	3,717	2,990	1,034	579.51
Long-Term Deferred Charges	-	-	-	-	-	142.23
Other Long-Term Assets	1,768	1,324	2,292	1,940	477.14	306.77
Total Assets	74,469	73,500	73,208	71,858	22,181	13,519
Accounts Payable	312.96	337.28	319.64	471.07	288.74	120.83
Accrued Expenses	1,444	1,468	1,201	1,084	477.89	360.22
Short-Term Debt	-	-	838.29	-	-	-
Current Portion of Long-Term Debt	1,646	1,152	1,297	1,745	713.25	42.92
Current Portion of Leases	555.41	522.71	475.18	351.29	153.03	42.95
Current Income Taxes Payable	54.94	30.3	28.26	31.8	58.65	85.14
Current Unearned Revenue	2,000	1,334	1,675	2,547	592.01	-
Other Current Liabilities	209.71	405.28	412.38	364.66	143.3	1,469
Total Current Liabilities	6,223	5,250	6,247	6,595	2,427	2,121
Long-Term Debt	11,962	11,804	9,441	10,033	4,901	2,034
Long-Term Leases	3,075	3,242	2,863	1,999	980.59	965.29
Long-Term Deferred Tax Liabilities	2,012	1,721	1,617	1,386	744.07	39.54
Other Long-Term Liabilities	2,545	2,806	3,358	2,909	1,433	528.23
Total Liabilities	25,817	24,823	23,525	22,922	10,486	5,688
Common Stock	39,121	39,121	39,121	38,062	8,124	5,826
Retained Earnings	683.15	741.45	1,391	1,721	3,440	1,956
Treasury Stock	-577.35	-623.19	-451.97	-427.78	-299.83	-0
Comprehensive Income & Other	9,423	9,436	9,622	9,574	429.54	47.92
Total Common Equity	48,650	48,675	49,682	48,929	11,694	7,829
Minority Interest	1.8	1.72	1.37	7.27	0.85	1.78
Shareholders' Equity	48,652	48,677	49,683	48,936	11,695	7,831
Total Liabilities & Equity	74,469	73,500	73,208	71,858	22,181	13,519
Total Debt	17,239	16,721	14,914	14,128	6,748	3,085
Net Cash (Debt)	-7,727	-7,947	-7,910	-9,529	-4,681	-608.14
Net Cash Per Share	-15.27	-15.60	-15.81	-20.90	-18.34	-2.46
Filing Date Shares Outstanding	495.12	494.65	499.67	473.67	255.28	247.66
Total Common Shares Outstanding	495.12	494.65	499.67	473.67	255.28	247.66
Working Capital	6,100	5,820	2,892	1,001	1,884	1,381
Book Value Per Share	98.26	98.40	99.43	103.30	45.81	31.61
Tangible Book Value	-205.88	-803.54	-603.74	-1,827	4,138	2,316
Tangible Book Value Per Share	-0.42	-1.62	-1.21	-3.86	16.21	9.35
Land	420.97	439.5	-	-	-	-
Machinery	2,937	2,708	-	-	-	-
Construction In Progress	243.55	367.87	-	-	-	-

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