Hortico 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	3.48	3.56	2.22	1.07	5.81	5.58
Short-Term Investments	1.12	1.04	0.98	0.27	0.29	0.3
Cash & Short-Term Investments	4.6	4.59	3.2	1.34	6.1	5.88
Cash Growth	-47.25%	43.61%	138.74%	-78.03%	3.66%	513.80%
Accounts Receivable	46.2	50.28	38.56	33.89	28.42	27.93
Other Receivables	0.89	4.31	2.89	4.03	3.3	2.14
Receivables	47.09	54.6	41.45	37.91	31.72	30.07
Inventory	70.91	67.14	57.36	49.63	46.16	40.28
Prepaid Expenses	1.77	-	-	-	-	-
Other Current Assets	-	2.23	1.84	1.69	0.9	0.83
Total Current Assets	124.36	128.56	103.84	90.57	84.87	77.06
Property, Plant & Equipment	38.25	28.5	24.12	19.16	18.03	18.25
Long-Term Investments	1.16	1.16	1.13	1.13	0.26	0.26
Other Intangible Assets	0.46	0.16	0.12	0.01	0.01	0.01
Long-Term Deferred Tax Assets	1.13	1.26	1.18	1.08	0.95	0.83
Other Long-Term Assets	-	-	0.05	-	-	6.02
Total Assets	165.36	159.65	130.44	111.96	104.12	102.44
Accounts Payable	50.19	47.37	39.49	40.97	31.17	38.49
Accrued Expenses	2.73	2.13	2.05	1.62	1.27	0.51
Current Portion of Long-Term Debt	19.92	22.92	13.66	3.36	8.99	13.04
Current Portion of Leases	0.74	0.82	0.27	0.61	0.8	0.55
Current Income Taxes Payable	3.95	4.7	3.06	2.2	4.81	3.6
Current Unearned Revenue	0.13	0.27	0.16	0.18	0.18	0.77
Other Current Liabilities	1.87	1.53	0.61	0.2	0.3	0.29
Total Current Liabilities	79.52	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	0.04	0.05	0.13	0.06	0.05
Other Long-Term Liabilities	0.38	0.4	1.33	0.71	0.7	0.8
Total Liabilities	79.95	80.21	60.8	50.03	48.5	59.13
Common Stock	6.46	6.46	6.46	6.46	6.27	6.07
Additional Paid-In Capital	58.14	58.14	49.17	44.58	31.94	24.8
Retained Earnings	20.81	14.84	14.02	10.89	17.41	12.44
Total Common Equity	85.41	79.43	69.64	61.93	55.62	43.3
Minority Interest	-	-	-	-	0	0
Shareholders' Equity	85.41	79.43	69.64	61.93	55.62	43.31
Total Liabilities & Equity	165.36	159.65	130.44	111.96	104.12	102.44
Total Debt	20.66	23.74	14.01	3.98	9.99	14.61
Net Cash (Debt)	-16.06	-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	44.84	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	84.95	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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.