KGHM Polska Miedz 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	522	443	715	1,729	1,200	1,884
Trading Asset Securities	-	-	-	8	-	3
Cash & Short-Term Investments	522	443	715	1,737	1,200	1,887
Cash Growth	-54.84%	-38.04%	-58.84%	44.75%	-36.41%	-25.50%
Accounts Receivable	2,047	1,886	1,350	939	1,190	1,019
Other Receivables	649	936	804	1,253	590	405
Receivables	2,696	2,822	2,154	2,192	1,780	1,871
Inventory	12,489	9,608	8,063	8,425	8,902	6,337
Other Current Assets	1,052	352	675	1,048	1,183	1,268
Total Current Assets	16,759	13,225	11,607	13,402	13,065	11,363
Property, Plant & Equipment	31,991	31,599	29,967	26,436	28,412	26,473
Long-Term Investments	4,799	3,558	1,014	996	836	777
Other Intangible Assets	286	181	213	313	218	250
Long-Term Deferred Tax Assets	192	189	302	137	137	185
Other Long-Term Assets	1,046	1,030	968	981	1,153	1,090
Total Assets	63,455	58,240	53,892	51,383	53,444	48,027
Accounts Payable	3,345	3,213	3,132	3,167	3,076	2,974
Accrued Expenses	2,271	3,962	3,356	3,101	2,985	1,437
Current Portion of Long-Term Debt	1,434	706	1,152	874	1,139	455
Current Portion of Leases	-	109	109	109	84	-
Current Income Taxes Payable	2,374	625	325	-	612	1,453
Current Unearned Revenue	-	42	47	67	134	-
Other Current Liabilities	3,772	3,412	2,885	4,299	1,155	3,219
Total Current Liabilities	13,196	12,069	11,006	11,617	9,185	9,538
Long-Term Debt	4,100	4,413	4,501	4,248	5,129	5,840
Long-Term Leases	742	621	624	675	660	-
Long-Term Unearned Revenue	-	123	143	222	238	-
Pension & Post-Retirement Benefits	2,744	2,892	2,784	3,117	2,621	2,306
Long-Term Deferred Tax Liabilities	1,297	1,227	1,384	646	1,151	643
Other Long-Term Liabilities	4,365	3,997	2,392	2,228	2,314	2,562
Total Liabilities	26,444	25,342	22,834	22,753	21,298	20,889
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000
Retained Earnings	34,591	31,062	27,374	24,806	28,704	24,532
Comprehensive Income & Other	350	-234	1,616	1,759	1,385	514
Total Common Equity	36,941	32,828	30,990	28,565	32,089	27,046
Minority Interest	70	70	68	65	57	92
Shareholders' Equity	37,011	32,898	31,058	28,630	32,146	27,138
Total Liabilities & Equity	63,455	58,240	53,892	51,383	53,444	48,027
Total Debt	6,276	5,849	6,386	5,906	7,012	6,295
Net Cash (Debt)	-5,754	-5,406	-5,671	-4,169	-5,812	-4,408
Net Cash Per Share	-28.77	-27.03	-28.36	-20.84	-29.06	-22.04
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Working Capital	3,563	1,156	601	1,785	3,880	1,825
Book Value Per Share	184.71	164.14	154.95	142.82	160.44	135.23
Tangible Book Value	36,655	32,647	30,777	28,252	31,871	26,796
Tangible Book Value Per Share	183.28	163.24	153.88	141.26	159.35	133.98
Buildings	-	2,514	2,457	2,477	2,451	-
Machinery	-	3,380	3,249	3,177	2,936	-
Construction In Progress	-	403	438	225	170	-