Herkules 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	16.32	14.16	11.21	11.14	4.93	10.54
Cash & Short-Term Investments	16.32	14.16	11.21	11.14	4.93	10.54
Cash Growth	22.27%	26.27%	0.65%	126.12%	-53.24%	-68.79%
Accounts Receivable	20.85	26.84	28.71	32.65	39.75	37.45
Other Receivables	0.39	0.29	0.25	0.26	0.58	-
Total Trade Receivables	21.24	27.13	28.95	32.91	40.33	37.45
Inventory	5.43	3.09	3.57	4.27	7	10.77
Other Current Assets	3.01	2.24	2.77	3.77	5.43	48.93
Total Current Assets	46	46.62	46.5	52.09	57.69	107.03
Net Property, Plant & Equipment	157.52	161.39	187.89	206.84	233.76	227.62
Other Intangible Assets	0	0.01	0.04	0.07	0.19	0.35
Goodwill	12.71	12.71	12.71	12.71	12.71	12.71
Other Long-Term Assets	0.19	0.25	0.45	1.11	0.63	0.7
Total Assets	216.43	220.98	247.59	272.26	305.01	349.05
Accounts Payable	50.37	50.22	90.97	94.79	30.18	59.35
Accrued Expenses	1.6	1.59	1.4	1.58	1.75	0.04
Current Portion of Long-Term Debt	2.24	2.23	3.28	2.5	13.63	25.97
Current Portion of Leases	6.83	8.14	14.24	27.01	29.57	38.99
Unearned Revenue	0.53	0.53	0.82	1	0.77	-
Other Current Liabilities	0.63	0.71	0.66	1.32	0.4	-
Total Current Liabilities	60.1	61.32	109.17	251.33	73.82	249.28
Long-Term Debt	3.87	4.45	6.72	8.85	5.13	2.88
Long-Term Leases	17.26	17.53	22.03	21.46	38.84	23.27
Other Long-Term Liabilities	19.85	16.69	18.08	29.45	26.33	36.33
Total Long-Term Liabilities	40.98	42.68	51.43	54.56	70.3	70.6
Total Liabilities	101.08	104	160.6	180.23	144.12	195.24
Common Stock	68.24	68.24	68.24	68.24	68.24	68.24
Additional Paid-in Capital	59.94	59.94	59.94	59.94	59.94	59.94
Retained Earnings	-12.83	-11.21	-41.21	-36.17	25.86	25.6
Total Common Shareholders' Equity	115.35	116.97	86.97	92.01	160.86	153.78
Minority Interest	-	0.02	0.02	0.03	0.03	0.03
Shareholders' Equity	115.35	116.99	86.99	92.03	160.89	153.81
Total Liabilities & Equity	216.43	220.98	247.59	272.26	305.01	349.05
Total Debt	30.2	32.35	46.26	59.82	87.17	91.11
Net Cash (Debt)	-13.88	-18.19	-35.05	-48.68	-82.24	-80.57
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.41	-0.53	-1.03	-1.43	-2.41	-2.36
Book Value	115.35	116.97	86.97	92.01	160.86	153.78
Book Value Per Share	3.38	3.43	2.55	2.70	4.71	4.51
Tangible Book Value	102.63	104.24	74.22	79.23	147.95	140.72
Tangible Book Value Per Share	3.01	3.06	2.18	2.32	4.34	4.12