PZ Cormay Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1.7	-	3.24	3.83	1.29	2.51
Short-Term Investments	-	-	1.41	6.19	9.08	5.97
Cash & Short-Term Investments	1.7	1.3	4.65	10.02	10.37	8.47
Cash Growth	-22.88%	-72.00%	-53.59%	-3.38%	22.37%	-45.83%
Accounts Receivable	17.57	-	12.67	10.94	17.16	11.27
Other Receivables	-	-	1.99	2.44	-	2.96
Receivables	17.57	-	14.66	13.38	17.16	14.24
Inventory	18.07	-	21.48	23.71	26.79	18.59
Other Current Assets	2.9	-	2.9	0	4.58	22.14
Total Current Assets	40.24	-	43.69	47.12	58.9	63.44
Property, Plant & Equipment	24.64	-	23.82	25.28	21.29	19.26
Other Intangible Assets	21.9	-	4.18	4.54	4.04	0.6
Long-Term Deferred Tax Assets	1.2	-	0.81	0.86	1.18	1.08
Long-Term Deferred Charges	-	-	17.13	17.06	16.52	15.26
Other Long-Term Assets	-	-	0.05	0.05	0.05	0.05
Total Assets	87.98	-	89.68	94.9	101.98	99.69
Accounts Payable	16.95	-	16.29	13.7	17.77	10.35
Accrued Expenses	3.39	-	4.13	3.35	2.3	4.71
Short-Term Debt	0.23	-	0.08	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.31	0.54
Current Portion of Leases	2.76	-	1.73	1.57	0.9	0.74
Current Income Taxes Payable	-	-	-	0.08	-	-
Current Unearned Revenue	-	-	0.05	0.16	0.16	0.23
Other Current Liabilities	10.21	-	11.68	14.21	14.39	13.36
Total Current Liabilities	33.55	-	33.95	33.06	35.82	29.92
Long-Term Debt	0.35	-	-	-	-	0.31
Long-Term Leases	8.07	-	4.23	4.38	2.86	2.51
Long-Term Unearned Revenue	-	-	0.72	0.75	0.64	0.79
Pension & Post-Retirement Benefits	0.2	-	0.2	0.2	0.19	0.25
Long-Term Deferred Tax Liabilities	0.65	-	0.63	0.87	1.1	0.55
Other Long-Term Liabilities	0.64	-	-	-	-	-
Total Liabilities	43.46	-	39.72	39.27	40.61	34.34
Common Stock	84.21	-	84.21	84.21	84.21	84.21
Additional Paid-In Capital	92.81	-	92.81	92.81	92.81	92.81
Retained Earnings	-139.85	-	-133.39	-128.13	-123.59	-116.63
Comprehensive Income & Other	6.93	-	5.94	6.33	7.44	4.11
Total Common Equity	44.1	47.65	49.56	55.22	60.87	64.5
Minority Interest	0.42	-	0.4	0.41	0.5	0.85
Shareholders' Equity	44.52	48.05	49.96	55.63	61.36	65.35
Total Liabilities & Equity	87.98	-	89.68	94.9	101.98	99.69
Total Debt	11.42	7.11	6.04	5.95	4.07	4.09
Net Cash (Debt)	-9.72	-5.8	-1.39	4.07	6.3	4.38
Net Cash Growth	-	-	-	-35.40%	43.65%	-60.15%
Net Cash Per Share	-0.12	-0.07	-0.02	0.05	0.07	0.05
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	6.68	-	9.74	14.06	23.08	33.52
Book Value Per Share	0.52	0.57	0.59	0.66	0.72	0.77
Tangible Book Value	22.2	26.11	45.38	50.68	56.83	63.9
Tangible Book Value Per Share	0.26	0.31	0.54	0.60	0.67	0.76
Land	-	-	0.05	2.95	2.95	2.87
Buildings	-	-	12.56	12.32	10.06	9.09
Machinery	-	-	7.52	6.97	7.39	5.5
Construction In Progress	-	-	0.73	0.48	0.71	0.63