Hortico 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	2.66	2.22	1.07	5.81	5.58	0.65
Short-Term Investments	0.99	0.98	0.27	0.29	0.3	0.31
Cash & Short-Term Investments	3.65	3.2	1.34	6.1	5.88	0.96
Cash Growth	33.69%	138.74%	-78.03%	3.66%	513.80%	-21.83%
Accounts Receivable	19.09	38.56	33.89	28.42	27.93	28.65
Other Receivables	3.08	2.89	4.03	3.3	2.14	1.45
Receivables	22.17	41.45	37.91	31.72	30.07	30.1
Inventory	58.51	57.36	49.63	46.16	40.28	26.96
Other Current Assets	1.35	1.84	1.69	0.9	0.83	0.25
Total Current Assets	85.68	103.84	90.57	84.87	77.06	58.27
Property, Plant & Equipment	23.29	24.12	19.16	18.03	18.25	17.05
Long-Term Investments	1.16	1.13	1.13	0.26	0.26	0.26
Other Intangible Assets	0.17	0.12	0.01	0.01	0.01	0.03
Long-Term Deferred Tax Assets	1.18	1.18	1.08	0.95	0.83	0.88
Other Long-Term Assets	-	0.05	-	-	6.02	6.02
Total Assets	111.48	130.44	111.96	104.12	102.44	82.51
Accounts Payable	28.27	39.49	40.97	31.17	38.49	33.36
Accrued Expenses	1.93	2.05	1.62	1.27	0.51	0.94
Current Portion of Long-Term Debt	2.08	13.66	3.36	8.99	13.04	7.02
Current Portion of Leases	0.9	0.27	0.61	0.8	0.55	0.56
Current Income Taxes Payable	3.21	3.06	2.2	4.81	3.6	2.38
Current Unearned Revenue	1.08	0.16	0.18	0.18	0.77	1.38
Other Current Liabilities	1.04	0.61	0.2	0.3	0.29	0.53
Total Current Liabilities	38.51	59.31	49.16	47.54	57.25	46.18
Long-Term Debt	-	0.08	-	-	-	3.65
Long-Term Leases	-	-	-	0.19	1.02	1.1
Pension & Post-Retirement Benefits	-	0.04	0.03	0.01	0.01	0.01
Long-Term Deferred Tax Liabilities	0.04	0.05	0.13	0.06	0.05	0.04
Other Long-Term Liabilities	0.43	1.33	0.71	0.7	0.8	0.9
Total Liabilities	38.98	60.8	50.03	48.5	59.13	51.87
Common Stock	6.46	6.46	6.46	6.27	6.07	5.87
Additional Paid-In Capital	58.14	49.17	44.58	31.94	24.8	18.82
Retained Earnings	7.9	14.02	10.89	17.41	12.44	5.95
Total Common Equity	72.5	69.64	61.93	55.62	43.3	30.65
Minority Interest	-	-	-	0	0	0
Shareholders' Equity	72.5	69.64	61.93	55.62	43.31	30.65
Total Liabilities & Equity	111.48	130.44	111.96	104.12	102.44	82.51
Total Debt	2.99	14.01	3.98	9.99	14.61	12.32
Net Cash (Debt)	0.67	-10.81	-2.64	-3.89	-8.73	-11.36
Net Cash Per Share	0.05	-0.84	-0.20	-0.31	-0.72	-0.97
Filing Date Shares Outstanding	12.92	12.92	12.92	12.54	12.13	11.74
Total Common Shares Outstanding	12.92	12.92	12.92	12.54	12.13	11.74
Working Capital	47.17	44.53	41.42	37.34	19.81	12.09
Book Value Per Share	5.61	5.39	4.79	4.44	3.57	2.61
Tangible Book Value	72.33	69.52	61.91	55.61	43.29	30.61
Tangible Book Value Per Share	5.60	5.38	4.79	4.44	3.57	2.61
Land	-	6.78	5.83	5.83	5.83	4.47
Buildings	-	15.38	14.45	13.71	13.8	12.9
Machinery	-	12.68	10.73	9.87	8.36	7.39
Construction In Progress	-	1.9	0.13	0.31	0.39	0.35

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