BVMF:LAND3 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
Property, Plant & Equipment	775.66	840.23	850.19	853.55	862.11	629.1
Cash & Equivalents	21.7	8.83	2.08	2.05	23.22	34.2
Accounts Receivable	7.23	24.42	24.7	33.54	32.33	0.01
Other Receivables	10.39	10.37	7.29	15.92	38.2	12.67
Other Current Assets	10.04	1.91	0.86	0.43	0.35	1.9
Deferred Long-Term Tax Assets	13.18	-	-	-	2.56	-
Other Long-Term Assets	14.96	57	57.25	69.27	51.89	74.73
Total Assets	853.16	942.77	942.36	974.76	1,011	752.61
Current Portion of Long-Term Debt	43.99	56.89	45.66	29.74	59.09	-
Long-Term Debt	21.87	42.41	64.77	-	13.28	-
Accrued Expenses	-	3.1	3.34	1.86	0.95	1.49
Current Income Taxes Payable	3.62	0.05	2.07	5.98	4.65	-
Current Unearned Revenue	3.89	3.65	3.4	3.94	3.62	-
Other Current Liabilities	8.31	17.98	10.88	59.73	16.54	8.01
Long-Term Unearned Revenue	77.42	75.48	72.83	69.55	67.63	-
Long-Term Deferred Tax Liabilities	1.03	3.86	8.04	3.5	114.5	91.3
Other Long-Term Liabilities	38.61	25.6	16.96	14.53	34.3	3.14
Total Liabilities	200.8	229.02	227.94	188.83	314.57	103.94
Common Stock	673.59	673.59	673.59	673.59	673.59	397.39
Retained Earnings	-31.84	40.34	34.75	105.63	15.83	27.4
Treasury Stock	-0.56	-0.56	-0.56	-0.56	-	-
Comprehensive Income & Other	11.17	0.39	6.65	7.28	6.65	223.88
Shareholders' Equity	652.36	713.75	714.42	785.93	696.06	648.67
Total Liabilities & Equity	853.16	942.77	942.36	974.76	1,011	752.61
Total Debt	67.91	99.3	110.44	29.74	72.37	-
Net Cash (Debt)	-46.21	-90.46	-108.35	-27.69	-49.15	34.2
Net Cash Per Share	-0.48	-0.94	-1.13	-0.29	-0.66	-
Filing Date Shares Outstanding	96.21	96.21	96.21	96.21	96.23	-
Total Common Shares Outstanding	96.21	96.21	96.21	96.21	96.23	-
Book Value Per Share	6.78	7.42	7.43	8.17	7.23	-
Tangible Book Value	652.36	713.75	714.42	785.93	696.06	648.67
Tangible Book Value Per Share	6.78	7.42	7.43	8.17	7.23	-
Land	52.56	830.2	839.89	843.54	852.32	568.8
Buildings	0.22	9.23	9.36	9.5	9.77	66.71

Source: S&P Capital IQ. Real Estate template. Financial Sources.