ERG Spólka Akcyjna 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	1.03	1.82	0.42	1.84	0.65	4.6
Cash & Short-Term Investments	1.03	1.82	0.42	1.84	0.65	4.6
Cash Growth	345.02%	339.28%	-77.40%	180.73%	-85.78%	134.23%
Accounts Receivable	13.79	9.84	8.55	11.59	12.47	16.29
Other Receivables	-	0.31	0.45	0.84	0.31	0.92
Receivables	13.79	10.15	9.01	12.43	12.77	17.21
Inventory	15.44	12.84	14.3	9.26	12.14	12.78
Other Current Assets	-	0.24	0.19	0.22	0.94	1.21
Total Current Assets	30.26	25.06	23.92	23.74	26.51	35.8
Property, Plant & Equipment	37.93	39.49	42.34	46.53	50.45	36.79
Other Intangible Assets	0.16	0.18	0.26	0.37	0.48	0.63
Long-Term Deferred Tax Assets	-	-	-	0.43	0.41	0.37
Long-Term Deferred Charges	-	-	0.06	0.15	0.26	0.33
Other Long-Term Assets	3.79	3.79	3.14	3.14	2.97	2.76
Total Assets	72.13	68.51	69.71	74.36	81.08	76.67
Accounts Payable	16.4	9.79	7.87	11.5	14.18	18.86
Accrued Expenses	0.26	0.89	0.95	1	1.08	0.77
Short-Term Debt	-	-	1.99	0.2	1.97	5.33
Current Portion of Long-Term Debt	-	1.18	1.31	1.42	3.1	1.55
Current Portion of Leases	0.24	0.25	0.07	0.06	0.08	0.72
Other Current Liabilities	1.22	1.91	2.09	1.85	1.64	1.49
Total Current Liabilities	18.12	14.02	14.27	16.02	22.06	28.72
Long-Term Debt	2.14	2.4	3.39	4.35	5.3	3.58
Long-Term Leases	1.43	1.52	0.99	1.16	1.03	1.13
Pension & Post-Retirement Benefits	0.1	0.1	0.09	0.12	0.12	0.14
Long-Term Deferred Tax Liabilities	3.08	3.08	2.87	3.31	3.42	3.35
Other Long-Term Liabilities	6.58	6.74	7.36	7.99	8.66	2.39
Total Liabilities	31.44	27.85	28.96	32.94	40.59	39.32
Common Stock	17.52	17.52	17.52	17.52	17.52	17.52
Additional Paid-In Capital	11.5	11.5	11.5	11.5	11.5	11.5
Retained Earnings	19.42	19.39	19.49	20.14	17	13.87
Treasury Stock	-9.05	-9.05	-9.05	-9.05	-6.83	-6.83
Comprehensive Income & Other	1.31	1.31	1.31	1.31	1.31	1.31
Total Common Equity	40.69	40.66	40.76	41.41	40.49	37.36
Shareholders' Equity	40.69	40.66	40.76	41.41	40.49	37.36
Total Liabilities & Equity	72.13	68.51	69.71	74.36	81.08	76.67
Total Debt	3.8	5.35	7.74	7.19	11.48	12.31
Net Cash (Debt)	-2.77	-3.53	-7.32	-5.35	-10.83	-7.71
Net Cash Per Share	-3.79	-4.86	-10.09	-7.26	-14.55	-10.36
Filing Date Shares Outstanding	0.75	0.73	0.73	0.73	0.74	0.74
Total Common Shares Outstanding	0.75	0.73	0.73	0.73	0.74	0.74
Working Capital	12.13	11.03	9.65	7.72	4.45	7.08
Book Value Per Share	54.26	56.08	56.16	57.06	54.41	50.20
Tangible Book Value	40.53	40.48	40.5	41.04	40.01	36.73
Tangible Book Value Per Share	54.04	55.83	55.80	56.55	53.77	49.35
Land	-	0.01	0.01	0.01	0.01	-
Buildings	-	10.97	10.91	10.83	10.07	-
Machinery	-	73.14	73.02	73.24	66.97	-
Construction In Progress	-	0.65	0.35	0.38	0.99	-