Herkules 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	14.16	11.21	11.14	4.93	10.54
Cash & Short-Term Investments	14.16	11.21	11.14	4.93	10.54
Cash Growth	26.27%	0.65%	126.12%	-53.24%	-68.79%
Accounts Receivable	29.08	26.86	31.2	39.92	75.44
Other Receivables	0.29	2.76	2.66	2.66	6.67
Receivables	29.37	29.62	33.86	42.58	82.26
Inventory	3.09	3.57	4.27	7	10.77
Other Current Assets	-	2.1	2.82	3.18	4.11
Total Current Assets	46.62	46.5	52.09	57.69	107.68
Property, Plant & Equipment	161.39	187.89	206.84	233.76	227.62
Goodwill	12.71	12.71	12.71	12.71	12.71
Other Intangible Assets	0.01	0.04	0.07	0.19	0.35
Long-Term Deferred Charges	0.25	0.45	0.55	0.63	0.7
Other Long-Term Assets	-	-	-	0.02	-
Total Assets	220.98	247.59	272.26	305.01	349.05
Accounts Payable	50.22	13.81	13.54	16.75	29.38
Accrued Expenses	0.03	8.2	9.75	7.14	6.08
Short-Term Debt	-	-	-	10.69	24.32
Current Portion of Long-Term Debt	2.23	3.28	2.5	2.95	1.65
Current Portion of Leases	8.14	14.24	27.01	29.57	38.99
Current Income Taxes Payable	0.71	0.66	1.32	0.4	0.28
Current Unearned Revenue	-	0.88	1.54	4.23	22.05
Other Current Liabilities	-	68.13	70.01	2.11	1.89
Total Current Liabilities	61.32	109.19	125.67	73.82	124.64
Long-Term Debt	4.45	6.72	8.85	5.13	2.88
Long-Term Leases	17.53	22.03	21.46	38.84	23.27
Long-Term Unearned Revenue	4.01	4.6	5.19	5.77	8.13
Pension & Post-Retirement Benefits	0.25	0.24	0.28	0.24	0.25
Long-Term Deferred Tax Liabilities	16.45	17.82	18.79	20.32	20.07
Other Long-Term Liabilities	-	-	-	-	16.01
Total Liabilities	104	160.6	180.23	144.12	195.24
Common Stock	68.24	68.24	68.24	68.24	68.24
Retained Earnings	-11.21	-41.21	-36.17	32.68	25.6
Comprehensive Income & Other	59.94	59.94	59.94	59.94	59.94
Total Common Equity	116.97	86.97	92.01	160.86	153.78
Minority Interest	0.02	0.02	0.03	0.03	0.03
Shareholders' Equity	116.99	86.99	92.03	160.89	153.81
Total Liabilities & Equity	220.98	247.59	272.26	305.01	349.05
Total Debt	32.35	46.26	59.82	87.17	91.11
Net Cash (Debt)	-18.19	-35.05	-48.68	-82.24	-80.57
Net Cash Per Share	-0.53	-1.03	-1.43	-2.41	-2.36
Filing Date Shares Outstanding	34.12	34.12	34.12	34.12	34.12
Total Common Shares Outstanding	34.12	34.12	34.12	34.12	34.12
Working Capital	-14.7	-62.69	-73.58	-16.13	-16.96
Book Value Per Share	3.43	2.55	2.70	4.71	4.51
Tangible Book Value	104.24	74.22	79.23	147.95	140.72
Tangible Book Value Per Share	3.06	2.18	2.32	4.34	4.12
Land	-	4.94	4.94	4.95	4.95
Buildings	-	14.27	14.21	14.67	14.57
Machinery	-	352.05	358.37	380.57	370.78
Construction In Progress	-	10.52	11.06	10.84	11.01