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	19.49	24.78	26.86	31.2	39.92	75.44
Other Receivables	1.99	2.65	2.76	2.66	2.66	6.67
Receivables	21.47	27.43	29.62	33.86	42.58	82.26
Inventory	5.43	3.09	3.57	4.27	7	10.77
Other Current Assets	2.78	1.94	2.1	2.82	3.18	4.11
Total Current Assets	46	46.62	46.5	52.09	57.69	107.68
Property, Plant & Equipment	157.52	161.39	187.89	206.84	233.76	227.62
Goodwill	12.71	12.71	12.71	12.71	12.71	12.71
Other Intangible Assets	0	0.01	0.04	0.07	0.19	0.35
Long-Term Deferred Charges	0.19	0.25	0.45	0.55	0.63	0.7
Other Long-Term Assets	-	-	-	-	0.02	-
Total Assets	216.43	220.98	247.59	272.26	305.01	349.05
Accounts Payable	13.89	12.33	13.81	13.54	16.75	29.38
Accrued Expenses	7.59	8.84	8.2	9.75	7.14	6.08
Short-Term Debt	-	-	-	-	10.69	24.32
Current Portion of Long-Term Debt	2.24	2.23	3.28	2.5	2.95	1.65
Current Portion of Leases	6.83	8.14	14.24	27.01	29.57	38.99
Current Income Taxes Payable	0.63	0.71	0.66	1.32	0.4	0.28
Current Unearned Revenue	0.74	0.85	0.88	1.54	4.23	22.05
Other Current Liabilities	28.18	28.23	68.13	70.01	2.11	1.89
Total Current Liabilities	60.1	61.32	109.19	125.67	73.82	124.64
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
Long-Term Unearned Revenue	3.91	4.01	4.6	5.19	5.77	8.13
Pension & Post-Retirement Benefits	0.25	0.25	0.24	0.28	0.24	0.25
Long-Term Deferred Tax Liabilities	15.69	16.45	17.82	18.79	20.32	20.07
Other Long-Term Liabilities	-	-	-	-	-	16.01
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
Retained Earnings	-12.83	-11.21	-41.21	-36.17	32.68	25.6
Comprehensive Income & Other	59.94	59.94	59.94	59.94	59.94	59.94
Total Common 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 Per Share	-0.41	-0.53	-1.03	-1.43	-2.41	-2.36
Filing Date Shares Outstanding	34.12	34.12	34.12	34.12	34.12	34.12
Total Common Shares Outstanding	34.12	34.12	34.12	34.12	34.12	34.12
Working Capital	-14.1	-14.7	-62.69	-73.58	-16.13	-16.96
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
Land	-	4.94	4.94	4.94	4.95	4.95
Buildings	-	13.86	14.27	14.21	14.67	14.57
Machinery	-	334.96	352.05	358.37	380.57	370.78
Construction In Progress	-	8.17	10.52	11.06	10.84	11.01