TIM S.A. 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	3,610	3,259	3,078	2,549	5,229
Short-Term Investments	-	-	-	2,191	4,568
Trading Asset Securities	2,274	2,434	1,958	-	-
Cash & Short-Term Investments	5,885	5,693	5,036	4,739	9,797
Cash Growth	3.36%	13.04%	6.27%	-51.62%	110.87%
Accounts Receivable	4,936	4,712	3,740	3,452	3,097
Other Receivables	1,208	1,057	1,519	1,220	1,695
Receivables	6,144	5,769	5,259	4,671	4,792
Inventory	357.2	293.53	331.78	236.12	202.55
Prepaid Expenses	329.36	280.85	238.47	278.85	275.15
Other Current Assets	749.47	626.23	538.86	438.83	331.54
Total Current Assets	13,464	12,663	11,404	10,364	15,398
Property, Plant & Equipment	23,271	22,920	22,522	22,661	18,418
Long-Term Investments	1,626	1,596	1,680	1,553	1,613
Goodwill	3,112	3,112	3,112	-	475.74
Other Intangible Assets	11,380	11,638	12,402	16,417	10,000
Long-Term Accounts Receivable	337.45	344.49	405.46	446.69	399.35
Long-Term Deferred Tax Assets	1,356	1,082	1,257	1,368	536.89
Other Long-Term Assets	2,392	2,972	2,476	3,599	2,978
Total Assets	56,939	56,327	55,260	56,408	49,819
Accounts Payable	5,139	4,987	4,612	4,237	3,267
Accrued Expenses	5,217	4,242	3,434	2,621	1,781
Current Portion of Long-Term Debt	925.63	348.35	1,267	1,265	538.45
Current Portion of Leases	1,703	1,630	1,809	2,257	1,270
Current Income Taxes Payable	162.1	46.61	64.41	78.35	186.29
Current Unearned Revenue	259.53	280.42	279.4	265.42	197.18
Other Current Liabilities	1,795	1,293	1,417	2,394	3,372
Total Current Liabilities	15,201	12,827	12,883	13,118	10,611
Long-Term Debt	1,853	2,687	2,504	3,705	3,307
Long-Term Leases	12,062	10,946	10,448	10,575	7,794
Long-Term Unearned Revenue	506.18	559.45	621.6	666.61	689.16
Pension & Post-Retirement Benefits	4.49	3.46	5.02	5.83	6.49
Other Long-Term Liabilities	3,335	2,899	2,783	2,941	2,304
Total Liabilities	32,962	29,923	29,244	31,011	24,712
Common Stock	13,478	13,478	13,478	13,478	13,478
Retained Earnings	10,193	12,559	12,160	11,515	11,237
Treasury Stock	-78.54	-3.45	-2.98	-0.16	-4.86
Comprehensive Income & Other	385.28	370.74	381	404.76	397.52
Shareholders' Equity	23,977	26,405	26,016	25,397	25,107
Total Liabilities & Equity	56,939	56,327	55,260	56,408	49,819
Total Debt	16,544	15,611	16,028	17,802	12,909
Net Cash (Debt)	-10,633	-9,903	-10,978	-13,049	-3,101
Net Cash Per Share	-4.40	-4.09	-4.54	-5.39	-1.28
Filing Date Shares Outstanding	2,389	2,420	2,421	2,420	2,420
Total Common Shares Outstanding	2,389	2,420	2,421	2,420	2,420
Working Capital	-1,737	-164.32	-1,479	-2,754	4,787
Book Value Per Share	10.04	10.91	10.75	10.50	10.37
Tangible Book Value	9,485	11,654	10,501	8,981	14,632
Tangible Book Value Per Share	3.97	4.82	4.34	3.71	6.05
Land	37.99	38.08	38.59	-	40.79
Machinery	49,704	47,260	42,357	-	28,661
Construction In Progress	604.28	640.59	642.35	-	783.67

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q