Benefit Systems 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	725.27	309.5	434	218.33	253.02	223.78
Short-Term Investments	-	0.04	0.05	0.03	0.16	0.1
Cash & Short-Term Investments	725.27	309.53	434.05	218.36	253.17	223.88
Cash Growth	100.58%	-28.69%	98.78%	-13.75%	13.08%	210.20%
Accounts Receivable	369.29	220.87	208.78	200.32	149.45	98.38
Other Receivables	0.03	30.83	24.09	16.24	20.97	39.53
Receivables	399.61	255.78	235.96	220.79	171.79	146.31
Inventory	12.45	10	8.23	6.47	4.38	4.14
Prepaid Expenses	-	17.54	8.59	7.05	10.68	9.37
Other Current Assets	-	70.11	14.96	13.63	12.82	39.84
Total Current Assets	1,137	662.97	701.78	466.31	452.84	423.53
Property, Plant & Equipment	2,611	1,736	1,344	1,129	1,114	1,117
Long-Term Investments	2.69	64.67	3.19	2.53	5.46	4.51
Goodwill	1,923	749.31	573.27	460.62	446.4	363.33
Other Intangible Assets	385.57	64.2	49.78	83.14	62.02	36.02
Long-Term Accounts Receivable	35.44	0.06	-	-	-	0.47
Long-Term Deferred Tax Assets	33.51	26.23	21.84	27.92	30.31	27.65
Long-Term Deferred Charges	97.11	90.67	88.91	45.84	39.3	36.98
Other Long-Term Assets	-	14.81	11.3	9.51	10.21	8.38
Total Assets	6,322	3,420	2,800	2,234	2,181	2,044
Accounts Payable	562.26	177.66	152.37	112.25	100.75	105.09
Accrued Expenses	18.85	318.42	259.12	151.14	103.98	60.92
Short-Term Debt	-	0	0.08	0	0	0
Current Portion of Long-Term Debt	78.42	38.99	18.59	24.14	130.49	73.41
Current Portion of Leases	294.65	250.25	200.49	164.88	188.34	178.85
Current Income Taxes Payable	31.58	108.31	90.9	9.52	2.86	10.57
Current Unearned Revenue	269.08	24.15	27.9	26.58	20.71	24.06
Other Current Liabilities	39.82	97.46	62.8	123.14	137.18	98.97
Total Current Liabilities	1,295	1,015	812.25	611.65	684.3	551.87
Long-Term Debt	1,314	117.78	41.87	60.57	91.44	188.08
Long-Term Leases	1,281	1,043	861.99	789.72	748.5	752.85
Long-Term Unearned Revenue	-	-	-	-	0.11	0.01
Pension & Post-Retirement Benefits	3.91	0.44	0.38	0.26	0.27	0.38
Long-Term Deferred Tax Liabilities	86.06	1.01	1.82	3.21	3.06	2.15
Other Long-Term Liabilities	102.48	82.41	83.79	43.21	51.44	25.96
Total Liabilities	4,082	2,260	1,802	1,509	1,579	1,521
Common Stock	3.28	2.96	2.93	2.93	2.93	2.89
Additional Paid-In Capital	1,057	309.97	291.38	291.38	291.38	272.11
Retained Earnings	1,297	847.18	708.65	443.08	316.85	372.25
Treasury Stock	-	-	-	-	-	-118.16
Comprehensive Income & Other	-122.32	-5.38	-6.2	-10.36	-7.42	-4.56
Total Common Equity	2,235	1,155	996.76	727.03	603.75	524.53
Minority Interest	4.48	5.24	1.57	-1.62	-2.07	-1.53
Shareholders' Equity	2,240	1,160	998.33	725.42	601.68	523
Total Liabilities & Equity	6,322	3,420	2,800	2,234	2,181	2,044
Total Debt	2,968	1,450	1,123	1,039	1,159	1,193
Net Cash (Debt)	-2,243	-1,141	-688.96	-820.94	-905.6	-969.32
Net Cash Per Share	-719.46	-382.82	-234.02	-279.85	-319.23	-352.95
Filing Date Shares Outstanding	3.28	3	2.96	2.93	2.93	2.78
Total Common Shares Outstanding	3.28	2.96	2.93	2.93	2.93	2.78
Working Capital	-157.32	-352.27	-110.46	-145.34	-231.46	-128.34
Book Value Per Share	682.34	390.34	339.78	247.83	205.81	188.93
Tangible Book Value	-73.71	341.22	373.71	183.27	95.33	125.18
Tangible Book Value Per Share	-22.50	115.34	127.39	62.47	32.50	45.09
Land	0.72	0.72	0.72	0.72	0.72	0.72
Buildings	859.5	503.75	399.21	356.81	332.32	308.07
Machinery	277.28	129.6	74	64.67	58.27	52.16
Construction In Progress	100.72	62.52	24.52	22.9	36.17	17.52

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