← TIM S.A.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets | $8.5b | $10.4b | $15.4b | $10.4b | $11.4b | $12.7b | $13.5b | |
| Cash and Cash Equivalents | $2.3b | $2.6b | $5.2b | $2.5b | $3.1b | $3.3b | $3.6b | |
| Inventory | $203.3m | $246.6m | $202.6m | $236.1m | $331.8m | $293.5m | $357.2m | |
| Prepaid Expenses | $69.7m | $73.6m | $83.1m | $80.3m | $138.9m | $281.3m | $340.2m | |
| Other Current Assets | $80.8m | $210.5m | $197.3m | $199.6m | $239.3m | $208.3m | $297.3m | |
| Trade accounts receivable | $103.1m | $128.8m | $186.3m | $238.7m | $199.0m | $137.8m | $137.3m | |
| Accounts Receivable | — | — | — | $3.4b | $3.7b | $4.7b | $4.9b | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | $4.7b | $5.0b | $5.7b | $5.9b | |
| Cash Equivalents | — | — | — | $2.5b | $3.0b | $3.2b | $3.5b | |
| Inventories Adjustments Allowances | — | — | — | ($12.7m) | ($14.4m) | ($16.5m) | ($19.6m) | |
| Non Current Prepaid Assets | — | — | — | $80.3m | $138.9m | $281.3m | $340.2m | |
| Other Receivables | — | — | — | $57.2m | $110.8m | $33.7m | $34.1m | |
| Other Short Term Investments | — | — | — | $2.2b | $2.0b | $2.4b | $2.3b | |
| Prepaid Assets | — | — | — | $278.9m | $238.5m | $280.9m | $329.4m | |
| Taxes Receivable | — | — | — | $1.2b | $1.4b | $1.1b | $1.2b | |
| Total Current Assets | $16.6m | $262.7m | $134.3m | $239.2m | $299.5m | $379.9m | $452.2m | |
| Long-Term Investments | — | — | $1.6b | $1.5b | $1.5b | $1.4b | $1.3b | |
| Property, Plant and Equipment | $17.6b | $18.1b | $18.3b | $22.7b | $22.4b | $22.8b | $23.2b | |
| Goodwill | — | — | — | $3.1b | $3.1b | $3.1b | $3.1b | |
| Goodwill And Other Intangible Assets | — | — | — | $16.4b | $15.6b | $14.9b | $14.6b | |
| Other Intangible Assets | — | — | — | $13.3b | $12.5b | $11.7b | $11.5b | |
| Other assets | — | $30.0m | $18.9m | $65.4m | $45.6m | $29.9m | $29.5m | |
| Additional Financial Items | ||||||||
| Allowance Account For Credit Losses Of Financial Assets | — | — | ($746.8m) | ($581.7m) | $629.7m | — | — | |
| Deferred Tax Assets | — | $550.6m | $536.9m | $1.4b | $1.3b | $1.1b | $1.4b | |
| Investment Property | — | — | $1.6b | $1.5b | $1.5b | $1.4b | $1.3b | |
| Issued Capital | $9.9b | $13.5b | $13.5b | $13.5b | $13.5b | $13.5b | $13.5b | |
| Trade And Other Payables | — | — | — | $260.0m | $316.0m | $429.0m | $591.0m | |
| Marketable securities | $3.8m | $7.1m | $11.5m | $12.9m | $12.9m | $15.2m | $26.3m | |
| Recoverable income tax and social contribution | — | — | — | $517.9m | $218.9m | $214.9m | $258.4m | |
| Recoverable taxes, fees and contributions | — | — | — | $895.4m | $874.5m | $907.4m | $911.7m | |
| Leases | $6.9b | $7.3b | $213.0m | $208.0m | $206.5m | $206.7m | $200.1m | |
| Non-current assets | $31.9b | $31.2b | $34.4b | $46.0b | $43.9b | $43.7b | $43.5b | |
| Deferred Tax Assets, Non-Current | — | $550.6m | $536.9m | $1.4b | $1.3b | $1.1b | $1.4b | |
| Judicial deposits | $1.0b | $794.8m | $718.8m | $1.4b | $689.7m | $677.5m | $677.1m | |
| Derivative financial instruments | $3.5m | $28.9m | $13.9m | $50.2m | $239.7m | $224.3m | $168.7m | |
| Other financial assets | — | — | — | — | $216.7m | $550.7m | $514.1m | |
| Payroll and related charges | — | $272.6m | $303.2m | $343.5m | $386.3m | $353.3m | $361.3m | |
| Income tax and social contribution payable | $463.6m | $935.8m | $1.4b | $2.1b | $64.4m | $46.6m | $19.4m | |
| Taxes, fees and contributions payable | — | — | — | $13.5m | $10.6m | $38.3m | $33.2m | |
| Dividends and interest on shareholders' equity payable | $578 | $539 | $534 | $661 | $648 | $672 | $1k | |
| Authorizations payable | $237.7m | $232.9m | $1.3b | $1.2b | $1.1b | $1.2b | $1.2b | |
| Deferred revenues | $827.2m | $755.5m | $689.2m | $666.6m | $621.6m | $559.4m | $506.2m | |
| Other Current Liabilities | $9.6m | $9.6m | $13.0m | $133.0m | $121.3m | $98.3m | $85.6m | |
| Loans and financing | $644.9m | $655.6m | $3.3b | $3.7b | $2.5b | $2.7b | $1.9b | |
| Lease liabilities | — | $7.3b | $7.8b | $10.6b | $10.4b | $10.9b | $12.1b | |
| Provision for legal and administrative proceedings | $840.6m | $886.9m | $960.9m | $1.1b | $1.4b | $1.6b | $1.6b | |
| Obligations to shareholders | — | — | — | — | — | $24.0m | $534.3m | |
| Other liabilities and provision | $69.0m | $62.8m | $62.0m | $599.4m | $244.6m | $116.2m | $28.6m | |
| Non-current liabilities | $9.8b | $10.2b | $14.1b | $17.9b | $16.4b | $17.1b | $17.8b | |
| Share capital | $9.9b | $13.5b | $13.5b | $13.5b | $13.5b | $13.5b | $13.5b | |
| Other comprehensive income | ($1.1m) | ($4.8m) | ($4.3m) | ($3.8m) | ($3.3m) | ($2.3m) | ($3.0m) | |
| Treasury shares | ($3.2m) | ($4.8m) | $4.9m | ($163k) | ($3.0m) | ($3.5m) | ($78.5m) | |
| Shareholders' equity | $22.4b | $23.2b | $25.1b | $25.4b | $26.0b | $26.4b | $24.0b | |
| Accumulated Depreciation | — | — | — | ($43.1b) | ($47.9b) | ($52.9b) | ($57.9b) | |
| Available For Sale Securities | — | — | — | — | $216.7m | $550.7m | $514.1m | |
| Capital Lease Obligations | — | — | — | $12.8b | $12.3b | $12.6b | $13.8b | |
| Cash Financial | — | — | — | $60.0m | $37.0m | $81.2m | $85.9m | |
| Construction In Progress | — | — | — | $848.1m | $642.3m | $640.6m | $604.3m | |
| Current Accrued Expenses | — | — | — | $343.5m | $386.3m | $353.3m | $361.3m | |
| Current Capital Lease Obligation | — | — | — | $2.3b | $1.8b | $1.6b | $1.7b | |
| Current Debt | — | — | — | $1.3b | $1.3b | $348.4m | $925.6m | |
| Current Debt And Capital Lease Obligation | — | — | — | $3.5b | $3.1b | $2.0b | $2.6b | |
| Current Deferred Liabilities | — | — | — | $1.0b | $279.4m | $280.4m | $259.5m | |
| Derivative Product Liabilities | — | — | $13.9m | $50.2m | $0 | — | — | |
| Dueto Related Parties Non Current | — | — | — | — | — | $24.0m | $534.3m | |
| Employee Benefits | — | — | — | $5.8m | $5.0m | $3.5m | $4.5m | |
| Financial Assets | — | — | — | $662.4m | $507.9m | $522.8m | $0 | |
| Finished Goods | — | — | — | $139.0m | $203.6m | $187.9m | $269.6m | |
| Gross PPE | — | — | — | $65.8b | $70.3b | $75.7b | $81.1b | |
| Hedging Assets Current | — | — | — | $239.2m | $299.5m | $379.9m | $452.2m | |
| Income Tax Payable | — | — | — | $34.2m | $0 | — | $162.1m | |
| Invested Capital | — | — | — | $30.4b | $29.8b | $29.4b | $26.8b | |
| Investmentin Financial Assets | — | — | — | $12.9m | $229.7m | $565.9m | $540.4m | |
| Investments And Advances | — | — | — | $1.6b | $1.7b | $1.9b | $1.8b | |
| Investmentsin Associatesat Cost | — | — | $1.6b | $1.5b | — | — | — | |
| Land And Improvements | — | — | — | $39.8m | $38.6m | $38.1m | $38.0m | |
| Long Term Capital Lease Obligation | — | — | — | $10.6b | $10.4b | $10.9b | $12.1b | |
| Long Term Equity Investment | — | — | $1.6b | $1.5b | — | — | — | |
| Long Term Provisions | — | — | — | $1.1b | $1.4b | $1.6b | $1.6b | |
| Net Debt | — | — | — | $2.4b | $693.0m | — | — | |
| Net PPE | — | — | — | $22.7b | $22.4b | $22.8b | $23.2b | |
| Net Tangible Assets | — | — | — | $9.0b | $10.4b | $11.5b | $9.4b | |
| Non Current Accounts Receivable | — | — | — | $1.9b | $1.5b | $1.5b | $1.5b | |
| Non Current Deferred Assets | — | — | — | $1.4b | $1.3b | $1.1b | $1.4b | |
| Non Current Deferred Liabilities | — | — | — | $666.6m | $621.6m | $559.4m | $506.2m | |
| Non Current Deferred Taxes Assets | — | — | — | $1.4b | $1.3b | $1.1b | $1.4b | |
| Ordinary Shares Number | — | — | — | $2.4b | $2.4b | $2.4b | $2.4b | |
| Other Current Borrowings | — | — | — | $1.3b | $1.3b | $348.4m | $925.6m | |
| Other Equity Adjustments | — | — | — | $11.9b | $12.5b | $12.9b | $10.6b | |
| Other Investments | — | — | — | $1.5b | $1.5b | $1.4b | $1.3b | |
| Other Non Current Assets | — | — | — | $1.4b | $735.3m | $707.4m | $706.6m | |
| Other Non Current Liabilities | — | — | — | $599.4m | $244.6m | $92.2m | $28.6m | |
| Other Payable | — | — | — | $551.8m | $472.2m | $346.0m | $321.8m | |
| Other Properties | — | — | — | $64.9b | $69.7b | $75.1b | $76.0b | |
| Properties | — | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | — | $109.8m | $142.6m | $122.2m | $107.2m | |
| Share Issued | — | — | — | $2.4b | $2.4b | $2.4b | $2.4b | |
| Tangible Book Value | — | — | — | $9.0b | $10.4b | $11.5b | $9.4b | |
| Tradeand Other Payables Non Current | — | — | — | $1.2b | $1.1b | $1.2b | $1.2b | |
| Treasury Shares Number | — | — | — | $12k | $205k | $201k | $3.5m | |
| Working Capital | — | — | — | ($2.8b) | ($1.5b) | ($164.3m) | ($1.7b) | |
| Total Non-Current Assets | $9.7b | $9.0b | $10.6b | $16.4b | $15.6b | $14.9b | $14.6b | |
| Total Equity Including Noncontrolling Interest | $410.6m | $397.2m | $401.8m | $408.6m | $384.3m | $373.0m | $388.2m | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | — | — | — | $12.9m | $12.9m | $15.2m | $26.3m | |
| Total Capitalization | — | — | — | $29.1b | $28.5b | $29.1b | $25.8b | |
| Total Debt | — | — | — | $17.8b | $16.0b | $15.6b | $16.5b | |
| Total Tax Payable | — | — | — | $2.3b | $3.0b | $3.9b | $5.0b | |
| Total Assets | $40.3b | $41.7b | $49.8b | $56.4b | $55.3b | $56.3b | $56.9b | |
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities | $8.1b | $8.3b | $10.6b | $13.1b | $12.9b | $12.8b | $15.2b | |
| Accounts Payable | $3.9b | $3.1b | $3.3b | $4.2b | $4.6b | $5.0b | $5.1b | |
| Short-Term Debt | $1.4b | $1.7b | $538.5m | $1.3b | $1.3b | $348.4m | $925.6m | |
| Operating Lease Liability, Current | — | — | — | — | $1.8b | $1.6b | $1.7b | |
| Dividends Payable | — | — | — | $661.5m | $647.9m | $671.5m | $1.2b | |
| Payables And Accrued Expenses | — | — | — | $8.1b | $9.2b | $10.2b | $12.1b | |
| Deferred Tax Liabilities | $47.7m | — | — | — | — | — | — | |
| Deferred Tax Liability Asset | $47.7m | ($550.6m) | — | — | — | — | — | |
| Pension plan and other post-employment benefits | $5.8m | $7.3m | $6.5m | $5.8m | $5.0m | $3.5m | $4.5m | |
| Long Term Debt | — | — | — | $3.7b | $2.5b | $2.7b | $1.9b | |
| Long Term Debt And Capital Lease Obligation | — | — | — | $14.3b | $13.0b | $13.6b | $13.9b | |
| Non Current Pension And Other Postretirement Benefit Plans | — | — | — | $5.8m | $5.0m | $3.5m | $4.5m | |
| Total Liabilities | $17.9b | $18.5b | $24.7b | $31.0b | $29.2b | $29.9b | $33.0b | |
| Retained Earnings | $12.2b | $9.3b | $11.2b | $11.5b | $12.2b | $12.6b | $10.2b | |
| Capital Stock | — | — | — | $13.5b | $13.5b | $13.5b | $13.5b | |
| Common Stock | — | — | — | $13.5b | $13.5b | $13.5b | $13.5b | |
| Common Stock Equity | — | — | — | $25.4b | $26.0b | $26.4b | $24.0b | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | $11.9b | $12.5b | $12.9b | $10.6b | |
| Treasury Stock | — | — | — | $163k | $3.0m | $3.5m | $78.5m | |
| Total Equity Gross Minority Interest | — | — | — | $25.4b | $26.0b | $26.4b | $24.0b | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | $17.9b | $16.4b | $17.1b | $17.8b | |
| Total liabilities and shareholders' equity | $40.3b | $41.7b | $49.8b | $56.4b | $55.3b | $56.3b | $56.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.