Hortico Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3.56	2.22	1.07	5.81	5.58
Short-Term Investments	1.04	0.98	0.27	0.29	0.3
Cash & Short-Term Investments	4.59	3.2	1.34	6.1	5.88
Cash Growth	43.61%	138.74%	-78.03%	3.66%	513.80%
Accounts Receivable	50.28	38.56	33.89	28.42	27.93
Other Receivables	4.31	2.89	4.03	3.3	2.14
Receivables	54.6	41.45	37.91	31.72	30.07
Inventory	67.14	57.36	49.63	46.16	40.28
Other Current Assets	2.23	1.84	1.69	0.9	0.83
Total Current Assets	128.56	103.84	90.57	84.87	77.06
Property, Plant & Equipment	28.5	24.12	19.16	18.03	18.25
Long-Term Investments	1.16	1.13	1.13	0.26	0.26
Other Intangible Assets	0.16	0.12	0.01	0.01	0.01
Long-Term Deferred Tax Assets	1.26	1.18	1.08	0.95	0.83
Other Long-Term Assets	-	0.05	-	-	6.02
Total Assets	159.65	130.44	111.96	104.12	102.44
Accounts Payable	47.37	39.49	40.97	31.17	38.49
Accrued Expenses	2.13	2.05	1.62	1.27	0.51
Current Portion of Long-Term Debt	22.92	13.66	3.36	8.99	13.04
Current Portion of Leases	0.82	0.27	0.61	0.8	0.55
Current Income Taxes Payable	4.7	3.06	2.2	4.81	3.6
Current Unearned Revenue	0.27	0.16	0.18	0.18	0.77
Other Current Liabilities	1.53	0.61	0.2	0.3	0.29
Total Current Liabilities	79.74	59.31	49.16	47.54	57.25
Long-Term Debt	-	0.08	-	-	-
Long-Term Leases	-	-	-	0.19	1.02
Pension & Post-Retirement Benefits	0.03	0.04	0.03	0.01	0.01
Long-Term Deferred Tax Liabilities	0.04	0.05	0.13	0.06	0.05
Other Long-Term Liabilities	0.4	1.33	0.71	0.7	0.8
Total Liabilities	80.21	60.8	50.03	48.5	59.13
Common Stock	6.46	6.46	6.46	6.27	6.07
Additional Paid-In Capital	58.14	49.17	44.58	31.94	24.8
Retained Earnings	14.84	14.02	10.89	17.41	12.44
Total Common Equity	79.43	69.64	61.93	55.62	43.3
Minority Interest	-	-	-	0	0
Shareholders' Equity	79.43	69.64	61.93	55.62	43.31
Total Liabilities & Equity	159.65	130.44	111.96	104.12	102.44
Total Debt	23.74	14.01	3.98	9.99	14.61
Net Cash (Debt)	-19.14	-10.81	-2.64	-3.89	-8.73
Net Cash Per Share	-1.48	-0.84	-0.20	-0.31	-0.72
Filing Date Shares Outstanding	12.92	12.92	12.92	12.54	12.13
Total Common Shares Outstanding	12.92	12.92	12.92	12.54	12.13
Working Capital	48.83	44.53	41.42	37.34	19.81
Book Value Per Share	6.15	5.39	4.79	4.44	3.57
Tangible Book Value	79.27	69.52	61.91	55.61	43.29
Tangible Book Value Per Share	6.14	5.38	4.79	4.44	3.57
Land	-	6.78	5.83	5.83	5.83
Buildings	-	15.38	14.45	13.71	13.8
Machinery	-	12.68	10.73	9.87	8.36
Construction In Progress	-	1.9	0.13	0.31	0.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.