Benefit Systems Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	597.95	309.5	434	218.33	253.02
Short-Term Investments	24.21	0.04	0.05	0.03	0.16
Cash & Short-Term Investments	622.15	309.53	434.05	218.36	253.17
Cash Growth	101.00%	-28.69%	98.78%	-13.75%	13.08%
Accounts Receivable	424.07	220.87	208.78	200.32	149.45
Other Receivables	44.52	30.83	24.09	16.24	20.97
Receivables	474.46	255.78	235.96	220.79	171.79
Inventory	12.77	10	8.23	6.47	4.38
Prepaid Expenses	30.49	17.54	8.59	7.05	10.68
Other Current Assets	59.93	70.11	14.96	13.63	12.82
Total Current Assets	1,200	662.97	701.78	466.31	452.84
Property, Plant & Equipment	3,079	1,736	1,344	1,129	1,114
Long-Term Investments	64.06	64.67	3.19	2.53	5.46
Goodwill	2,120	749.31	573.27	460.62	446.4
Other Intangible Assets	371.73	64.2	49.78	83.14	62.02
Long-Term Accounts Receivable	-	0.06	-	-	-
Long-Term Deferred Tax Assets	31.94	26.23	21.84	27.92	30.31
Long-Term Deferred Charges	115.47	90.67	88.91	45.84	39.3
Other Long-Term Assets	35.08	14.81	11.3	9.51	10.21
Total Assets	7,052	3,420	2,800	2,234	2,181
Accounts Payable	245.2	177.66	152.37	112.25	100.75
Accrued Expenses	404.35	318.42	259.12	151.14	103.98
Short-Term Debt	0.04	0	0.08	0	0
Current Portion of Long-Term Debt	94.96	38.99	18.59	24.14	130.49
Current Portion of Leases	361.5	250.25	200.49	164.88	188.34
Current Income Taxes Payable	41.28	108.31	90.9	9.52	2.86
Current Unearned Revenue	276.95	24.15	27.9	26.58	20.71
Other Current Liabilities	160.47	97.46	62.8	123.14	137.18
Total Current Liabilities	1,585	1,015	812.25	611.65	684.3
Long-Term Debt	1,298	117.78	41.87	60.57	91.44
Long-Term Leases	1,488	1,043	861.99	789.72	748.5
Long-Term Unearned Revenue	-	-	-	-	0.11
Pension & Post-Retirement Benefits	3.94	0.44	0.38	0.26	0.27
Long-Term Deferred Tax Liabilities	93.2	1.01	1.82	3.21	3.06
Other Long-Term Liabilities	220.43	82.41	83.79	43.21	51.44
Total Liabilities	4,689	2,260	1,802	1,509	1,579
Common Stock	3.28	2.96	2.93	2.93	2.93
Additional Paid-In Capital	1,057	309.97	291.38	291.38	291.38
Retained Earnings	1,467	847.18	708.65	443.08	316.85
Comprehensive Income & Other	-168.63	-5.38	-6.2	-10.36	-7.42
Total Common Equity	2,359	1,155	996.76	727.03	603.75
Minority Interest	4.43	5.24	1.57	-1.62	-2.07
Shareholders' Equity	2,363	1,160	998.33	725.42	601.68
Total Liabilities & Equity	7,052	3,420	2,800	2,234	2,181
Total Debt	3,243	1,450	1,123	1,039	1,159
Net Cash (Debt)	-2,621	-1,141	-688.96	-820.94	-905.6
Net Cash Per Share	-820.13	-382.82	-234.02	-279.85	-319.23
Filing Date Shares Outstanding	3.3	3	2.96	2.93	2.93
Total Common Shares Outstanding	3.28	2.96	2.93	2.93	2.93
Working Capital	-384.95	-352.27	-110.46	-145.34	-231.46
Book Value Per Share	720.11	390.34	339.78	247.83	205.81
Tangible Book Value	-132.78	341.22	373.71	183.27	95.33
Tangible Book Value Per Share	-40.53	115.34	127.39	62.47	32.50
Land	0.72	0.72	0.72	0.72	0.72
Buildings	1,018	503.75	399.21	356.81	332.32
Machinery	214.36	129.6	74	64.67	58.27
Construction In Progress	87.78	62.52	24.52	22.9	36.17

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