$ASAIY

Sendas Distributor S.A.

CIK:0001834048|SEC Filings

Statements of Operations and Comprehensive Income - BRL (R$) R$ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Profit or loss [abstract]
Net operating revenue	R$ 73,819	R$ 66,503	R$ 54,520
Cost of sales	(61,598)	(55,682)	(45,557)
Gross profit	12,221	10,821	8,963
Operating expenses, net
Selling expenses	(5,995)	(5,411)	(4,379)
General and administrative expenses	(878)	(831)	(787)
Depreciation and amortization	(1,547)	(1,394)	(919)
Share of profit of associates	64	51	44
Other operating (expenses) revenues, net	(21)	49	(72)
Operating profit	3,844	3,285	2,850
Financial revenues	324	281	394
Financial expenses	(3,233)	(3,012)	(1,909)
Net financial result	(2,909)	(2,731)	(1,515)
Income before income tax and social contribution	935	554	1,335
Income tax and social contribution	(166)	156	(115)
Net income for the year	769	710	1,220
Items that may be subsequently reclassified to the statement of operations
Fair value of receivables	(8)	(7)	(2)
Income tax effect	3	2	1
Other comprehensive income (loss) for the year	(5)	(5)	(1)
Total comprehensive income for the year	R$ 764	R$ 705	R$ 1,219
Basic earnings per share (in Reais - R$) (in Brazil Real per share)	R$ 0.569164	R$ 0.525574	R$ 0.905322
Diluted earnings per share (in Reais - R$) (in Brazil Real per share)	R$ 0.567277	R$ 0.524174	R$ 0.901589

Statements of Cash Flows - BRL (R$) R$ in Millions	12 Months Ended
Statements of Cash Flows - BRL (R$) R$ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities
Net income for the year	R$ 769	R$ 710	R$ 1,220
Adjustment to reconcile net income for the year to net cash flows
Deferred income tax and social contribution	34	(162)	40
Loss (gain) on disposal of property, plant and equipment and leasing write-off	12	(55)	34
Depreciation and amortization	1,640	1,476	990
Financial charges	3,117	2,853	1,827
Share of profit of associate	(64)	(51)	(44)
Provision (reversal of) for legal proceedings	84	151	(7)
Provision for stock option	32	20	18
Provision for allowance for inventory losses and damages	633	538	418
(Reversal of) allowance for doubtful accounts	(7)	4	7
Adjustments to reconcile profit (loss)	6,250	5,484	4,503
Change in operating assets and liabilities
Trade receivables	(1,011)	(640)	(313)
Inventories	(1,096)	(735)	(2,505)
Recoverable taxes	(132)	352	(336)
Restricted deposits for legal proceedings	21	12	63
Other assets	57	(14)	9
Trade payables, net	635	1,498	3,175
Payroll and related taxes	58	40	159
Related parties		(5)	196
Provision for legal proceedings	(141)	(71)	(49)
Taxes and social contributions payable	140	40	101
Deferred revenue	20	96	68
Dividends received	124	20	16
Other liabilities	7	(114)	57
Cash flows from (used in) operations	(1,318)	479	641
Net cash generated by operating activities	4,932	5,963	5,144
Cash flow investment activities
Purchase of property, plant and equipment	(1,647)	(3,116)	(3,524)
Purchase of intangible assets	(42)	(169)	(636)
Proceeds from the sale of property, plant and equipment	3	19
Proceeds from the sale of assets held for sale	16	211	620
Purchase of assets held for sale			(250)
Net cash used in investment activities	(1,670)	(3,055)	(3,790)
Cash flow financing activities
Capital contribution		9	11
Proceeds from borrowings	6,600	3,392	4,001
Borrowing costs	(54)	(142)	(42)
Payment of borrowings	(4,771)	(1,499)	(183)
Payment of interest on borrowings	(2,583)	(1,085)	(783)
Dividends and interest on own capital paid		(118)	(168)
Repurchase shares	(26)
Payment of lease liabilities	(289)	(262)	(126)
Payment of interest on lease liabilities	(1,060)	(977)	(772)
Payment of acquisition of hypermarkets	(910)	(2,609)
Net cash (used in) generated by financing activities	(3,093)	(3,291)	1,938
Net increase (decrease) in cash and cash equivalents	169	(383)	3,292
Cash and cash equivalents at the beginning of the year	5,459	5,842	2,550
Cash and cash equivalents at the end of the year	R$ 5,628	R$ 5,459	R$ 5,842

Balance Sheets - BRL (R$) R$ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	R$ 5,628	R$ 5,459
Trade receivables	2,210	1,199
Inventories	7,127	6,664
Recoverable taxes	1,241	1,100
Derivative financial instruments	93	48
Expenses in advance	99	73
Other accounts receivable	50	73
Total current assets	16,448	14,616
Non-current assets
Recoverable taxes	672	573
Deferred income tax and social contribution	140	171
Derivative financial instruments	297	226
Related parties	23	23
Restricted deposits for legal proceedings	24	44
Expenses in advance	9	9
Other accounts receivable	31	109
Investments	804	864
Property, plant and equipment	13,564	13,148
Intangible assets	5,183	5,172
Right-of-use assets	8,398	8,222
Total non-current assets	29,145	28,561
Total assets	45,593	43,177
Current liabilities
Trade payables, net	10,709	9,759
Trade payables – Agreements	938	1,459
Trade payables – Agreements – Acquisition of hypermarkets		892
Borrowings	38	36
Debentures and promissory notes	2,046	2,079
Payroll and related taxes	682	624
Lease liabilities	412	532
Taxes payable	529	298
Income tax and social contribution payable	34
Deferred revenues	449	418
Dividends and interest on own capital payable	129
Other accounts payable	346	328
Total current liabilities	16,312	16,425
Non-current liabilities
Trade payables, net	12	38
Borrowings	1,720	1,947
Debentures and promissory notes	12,761	11,122
Provision for legal proceedings	223	263
Lease liabilities	9,232	8,652
Deferred revenues	26	37
Cash-settled share plan	5	4
Other accounts payable	47	59
Total non-current liabilities	24,026	22,122
Shareholders´ equity
Share capital	1,272	1,272
Capital reserves	88	56
Earnings reserves	3,933	3,309
Treasury shares	(26)
Other comprehensive income	(12)	(7)
Total shareholders’ equity	5,255	4,630
Total liabilities and shareholders´ equity	R$ 45,593	R$ 43,177