Zaklady Azotowe Pulawy Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. 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	356.11	392.69	575.76	980.04	997.39	545.52
Short-Term Investments	-	-	2.01	2	2	-
Cash & Short-Term Investments	356.11	392.69	577.77	982.04	999.39	545.52
Cash Growth	154.52%	-32.03%	-41.17%	-1.74%	83.20%	-25.56%
Accounts Receivable	294.28	-113.2	181.79	493.56	604.24	292.17
Other Receivables	1.26	394.86	162.46	112.1	268.11	233.36
Receivables	295.54	281.65	344.26	605.66	872.35	525.53
Inventory	469.16	539.66	679.15	830.51	532.9	399.67
Prepaid Expenses	-	4.69	4.5	2.99	3.31	-
Other Current Assets	502.44	918.78	1,035	981.78	706.43	247.79
Total Current Assets	1,623	2,137	2,640	3,403	3,114	1,719
Property, Plant & Equipment	4,045	4,134	3,915	3,692	4,038	3,647
Long-Term Investments	36.16	32.91	31.48	29.91	29.56	28.96
Goodwill	0.93	0.93	0.93	0.93	0.93	0.93
Other Intangible Assets	68.08	61.19	54.91	54.9	63.37	57.93
Long-Term Accounts Receivable	43.77	-	-	-	-	-
Long-Term Deferred Tax Assets	204.41	166.04	234.43	185.47	49.35	8.71
Long-Term Deferred Charges	-	1.6	1.71	1.89	1.64	1.43
Other Long-Term Assets	25.6	29.92	29.96	39.71	32.59	54.96
Total Assets	6,047	6,564	6,909	7,408	7,330	5,519
Accounts Payable	1,509	944.61	899.38	1,160	2,300	371.58
Accrued Expenses	8.39	840.56	1,181	1,183	40.81	519.39
Short-Term Debt	-	57.4	74.96	77.47	72.06	59.47
Current Portion of Long-Term Debt	87.73	18.44	12.01	20.9	0	-
Current Portion of Leases	21.87	27.61	30.77	59.29	57.47	32.35
Current Income Taxes Payable	2.04	0.04	-	71.63	1.29	12.09
Current Unearned Revenue	124.78	21.31	20.69	37.37	52.11	19.08
Other Current Liabilities	1,076	1,226	866.57	330.99	525.63	349.27
Total Current Liabilities	2,830	3,136	3,086	2,941	3,050	1,363
Long-Term Debt	44.79	52.68	56.9	49.88	34.08	-
Long-Term Leases	162.64	135.33	135.88	150.68	156.49	178.64
Long-Term Unearned Revenue	71.71	75.58	80.73	87.65	93.75	95.5
Pension & Post-Retirement Benefits	150.07	150.8	178.24	177.43	160.97	194.34
Long-Term Deferred Tax Liabilities	10.11	10.14	10.34	8.31	10.76	76.88
Other Long-Term Liabilities	26.31	23.94	23.22	31	26.4	33.76
Total Liabilities	3,296	3,584	3,571	3,446	3,532	1,942
Common Stock	191.15	191.15	191.15	191.15	191.15	191.15
Additional Paid-In Capital	237.65	237.65	237.65	237.65	237.65	237.65
Retained Earnings	2,322	2,550	2,909	3,533	3,370	3,148
Total Common Equity	2,750	2,979	3,338	3,962	3,799	3,577
Minority Interest	1.13	0.45	0.11	0.43	-0.57	-0.75
Shareholders' Equity	2,752	2,979	3,338	3,962	3,798	3,576
Total Liabilities & Equity	6,047	6,564	6,909	7,408	7,330	5,519
Total Debt	317.03	291.44	310.52	358.21	320.1	270.46
Net Cash (Debt)	39.08	101.25	267.24	623.83	679.29	275.06
Net Cash Growth	-	-62.11%	-57.16%	-8.16%	146.96%	-36.98%
Net Cash Per Share	2.04	5.30	13.98	32.64	35.54	14.39
Filing Date Shares Outstanding	19.12	19.12	19.12	19.12	19.12	19.12
Total Common Shares Outstanding	19.12	19.12	19.12	19.12	19.12	19.12
Working Capital	-1,207	-998.52	-445.32	462.08	64.71	355.28
Book Value Per Share	143.89	155.84	174.63	207.26	198.73	187.14
Tangible Book Value	2,681	2,917	3,282	3,906	3,734	3,518
Tangible Book Value Per Share	140.28	152.59	171.71	204.34	195.36	184.06
Land	-	2.33	2.33	2.32	2.32	2.32
Buildings	-	1,922	1,711	1,660	1,564	1,420
Machinery	-	3,156	2,761	2,493	2,329	2,167
Construction In Progress	-	1,178	1,388	1,299	1,708	1,389

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