PZ Cormay 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	1.3	3.24	3.83	1.29	2.51	9.74
Short-Term Investments	-	1.41	6.19	9.08	5.97	5.91
Cash & Short-Term Investments	1.3	4.65	10.02	10.37	8.47	15.64
Cash Growth	-69.82%	-53.59%	-3.38%	22.37%	-45.83%	115.47%
Accounts Receivable	16.77	12.67	10.94	17.16	11.27	10.66
Other Receivables	-	1.99	2.44	-	2.96	2.2
Receivables	16.77	14.66	13.38	17.16	14.24	12.86
Inventory	16.15	21.48	23.71	26.79	18.59	15.17
Other Current Assets	2.9	2.9	0	4.58	22.14	20.24
Total Current Assets	37.13	43.69	47.12	58.9	63.44	63.92
Property, Plant & Equipment	24.19	23.82	25.28	21.29	19.26	14.73
Other Intangible Assets	21.54	4.18	4.54	4.04	0.6	0.66
Long-Term Deferred Tax Assets	0.85	0.81	0.86	1.18	1.08	0.77
Long-Term Deferred Charges	-	17.13	17.06	16.52	15.26	13.42
Other Long-Term Assets	0.05	0.05	0.05	0.05	0.05	0.24
Total Assets	83.76	89.68	94.9	101.98	99.69	93.74
Accounts Payable	14.82	16.29	13.7	17.77	10.35	6.96
Accrued Expenses	2.38	4.13	3.35	2.3	4.71	3.41
Short-Term Debt	0.35	0.08	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	0.31	0.54	0.38
Current Portion of Leases	1.94	1.73	1.57	0.9	0.74	1.19
Current Income Taxes Payable	-	-	0.08	-	-	-
Current Unearned Revenue	0.03	0.05	0.16	0.16	0.23	0.02
Other Current Liabilities	9.87	11.68	14.21	14.39	13.36	13.35
Total Current Liabilities	29.39	33.95	33.06	35.82	29.92	25.31
Long-Term Debt	0.4	-	-	-	0.31	1.15
Long-Term Leases	4.41	4.23	4.38	2.86	2.51	1.92
Long-Term Unearned Revenue	0.69	0.72	0.75	0.64	0.79	1.24
Pension & Post-Retirement Benefits	0.2	0.2	0.2	0.19	0.25	0.2
Long-Term Deferred Tax Liabilities	0.62	0.63	0.87	1.1	0.55	0.61
Total Liabilities	35.71	39.72	39.27	40.61	34.34	30.42
Common Stock	84.21	84.21	84.21	84.21	84.21	84.21
Additional Paid-In Capital	92.81	92.81	92.81	92.81	92.81	92.81
Retained Earnings	-135.77	-133.39	-128.13	-123.59	-116.63	-117.91
Comprehensive Income & Other	6.41	5.94	6.33	7.44	4.11	3.33
Total Common Equity	47.65	49.56	55.22	60.87	64.5	62.44
Minority Interest	0.4	0.4	0.41	0.5	0.85	0.88
Shareholders' Equity	48.05	49.96	55.63	61.36	65.35	63.32
Total Liabilities & Equity	83.76	89.68	94.9	101.98	99.69	93.74
Total Debt	7.11	6.04	5.95	4.07	4.09	4.65
Net Cash (Debt)	-5.8	-1.39	4.07	6.3	4.38	11
Net Cash Growth	-	-	-35.40%	43.65%	-60.15%	114.39%
Net Cash Per Share	-0.07	-0.02	0.05	0.07	0.05	0.13
Filing Date Shares Outstanding	84.21	84.21	84.21	84.21	84.21	84.21
Total Common Shares Outstanding	84.21	84.21	84.21	84.21	84.21	84.21
Working Capital	7.74	9.74	14.06	23.08	33.52	38.61
Book Value Per Share	0.57	0.59	0.66	0.72	0.77	0.74
Tangible Book Value	26.11	45.38	50.68	56.83	63.9	61.77
Tangible Book Value Per Share	0.31	0.54	0.60	0.67	0.76	0.73
Land	-	0.05	2.95	2.95	2.87	0.05
Buildings	-	12.56	12.32	10.06	9.09	9.09
Machinery	-	7.52	6.97	7.39	5.5	4.46
Construction In Progress	-	0.73	0.48	0.71	0.63	0.09

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.