Excellence 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	Jun '26 Jun 30, 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	-	8.17	3.7	0.95	0.63	1.27
Short-Term Investments	15.81	0.32	0.66	0.63	0.05	-
Cash & Short-Term Investments	15.81	8.49	4.36	1.57	0.68	1.27
Cash Growth	601.49%	94.86%	177.37%	130.27%	-46.11%	1014.45%
Accounts Receivable	12.15	8.37	8.64	9.34	9.17	10.15
Other Receivables	0.57	1.45	1.63	1.25	1.44	1.09
Receivables	12.72	9.82	10.27	10.59	10.61	11.29
Inventory	10.15	11.8	9.16	11.06	13.04	12.42
Prepaid Expenses	-	0.17	0.12	-	-	-
Other Current Assets	0	-	0.11	0.07	0.07	0.67
Total Current Assets	38.67	30.28	24.01	23.28	24.41	25.64
Property, Plant & Equipment	21.9	19.94	14.13	11.5	10.1	12.31
Long-Term Investments	-	-	-	-	0.11	0.06
Goodwill	-	0.06	0.42	0.78	1.15	1.81
Other Intangible Assets	2.4	2.69	2.51	2.65	2.81	2.97
Long-Term Deferred Tax Assets	0.01	0.34	0.42	0.31	0.23	-
Other Long-Term Assets	0.41	0.43	1.73	1.7	0.79	0.34
Total Assets	63.39	53.74	43.22	40.23	39.59	43.13
Accounts Payable	-	4.5	5.42	6.87	8.8	9.29
Accrued Expenses	0.33	1.79	0.56	0.46	0.39	0.06
Short-Term Debt	-	-	-	1.91	7.51	6.83
Current Portion of Long-Term Debt	-	0.94	0.19	2.34	0.63	0.52
Current Portion of Leases	-	0.39	0.12	0.18	0.41	1.13
Current Income Taxes Payable	-	0.4	0.24	0.09	0.03	0.91
Current Unearned Revenue	-	0.01	0.01	0	0.1	-
Other Current Liabilities	11.11	0.07	0.05	0.41	0.17	1.27
Total Current Liabilities	11.44	8.1	6.59	12.26	18.04	20
Long-Term Debt	0.41	0.41	1.35	1.54	-	0.3
Long-Term Leases	-	0.53	0.22	0.04	0.18	2.18
Long-Term Unearned Revenue	-	0.18	0.18	0.2	0.2	0.31
Pension & Post-Retirement Benefits	0.55	0.26	0.15	0.07	0.06	-
Long-Term Deferred Tax Liabilities	0.55	0.76	0.51	0.55	0.65	-
Other Long-Term Liabilities	-	-	-	-	-	0.38
Total Liabilities	12.95	10.24	9	14.65	19.13	23.18
Common Stock	15.77	15.77	15.77	15.77	15.77	15.77
Additional Paid-In Capital	26.14	17.7	9.6	4.87	3.99	2.92
Retained Earnings	4.63	6.47	6.14	2.91	-0.88	0.19
Total Common Equity	46.54	39.95	31.51	23.55	18.88	18.89
Minority Interest	3.9	3.55	2.71	2.02	1.58	1.06
Shareholders' Equity	50.44	43.5	34.22	25.58	20.46	19.95
Total Liabilities & Equity	63.39	53.74	43.22	40.23	39.59	43.13
Total Debt	0.41	2.28	1.88	6.01	8.73	10.96
Net Cash (Debt)	15.39	6.21	2.47	-4.44	-8.04	-9.69
Net Cash Growth	890.01%	150.96%	-	-	-	-
Net Cash Per Share	-	0.04	0.02	-0.03	-0.05	-0.06
Filing Date Shares Outstanding	-	157.73	157.73	157.73	157.73	157.73
Total Common Shares Outstanding	-	157.73	157.73	157.73	157.73	157.73
Working Capital	27.24	22.18	17.42	11.02	6.37	5.64
Book Value Per Share	-	0.25	0.20	0.15	0.12	0.12
Tangible Book Value	44.13	37.2	28.58	20.12	14.93	14.11
Tangible Book Value Per Share	-	0.24	0.18	0.13	0.09	0.09
Land	-	3.44	3.39	2.1	2.03	1.83
Buildings	-	8.16	6.89	6.89	5.24	4.92
Machinery	-	17.62	12.1	11.06	10.32	8.7
Construction In Progress	-	1.08	0.85	0.25	0.41	0.14