Lubawa 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	137.99	162.66	96.8	10.21	8.14
Short-Term Investments	1.64	77.91	1.42	1.21	1.6
Cash & Short-Term Investments	139.64	240.57	98.23	11.41	9.74
Cash Growth	-41.96%	144.91%	760.67%	17.22%	-25.63%
Accounts Receivable	109.65	89.4	87.54	66.68	80.67
Other Receivables	-	56.15	17.51	12.37	17.14
Receivables	110.11	145.56	106.47	79.05	98.41
Inventory	118.07	113.02	103.57	91.95	91.59
Other Current Assets	175	0.61	1.97	0.86	0.05
Total Current Assets	542.81	499.76	310.23	183.27	199.78
Property, Plant & Equipment	190.84	187.87	178.37	176.31	169.77
Long-Term Investments	1.77	1.82	1.91	1.96	2.29
Other Intangible Assets	60.65	49.82	52.12	49.59	46.4
Long-Term Deferred Charges	-	12.68	10.04	10.91	12.37
Other Long-Term Assets	2.44	4.28	7.63	1.71	1.71
Total Assets	798.55	756.87	560.3	424.4	432.33
Accounts Payable	141.74	41.53	43.91	28.03	45.81
Accrued Expenses	11.61	51.16	28.92	10.52	14.89
Current Portion of Long-Term Debt	1.13	0.01	4.83	21.41	11.04
Current Portion of Leases	-	1.14	1.32	1.39	0.76
Current Income Taxes Payable	20.65	10.21	3.04	0.57	2.19
Current Unearned Revenue	-	2.23	4.29	1.77	2.32
Other Current Liabilities	8.36	158.38	72.59	4.85	18.45
Total Current Liabilities	183.48	264.66	158.89	68.54	95.45
Long-Term Debt	1.68	-	6.92	10.14	13.36
Long-Term Leases	-	2.89	4.1	2.53	1.59
Long-Term Unearned Revenue	-	10.32	9.7	9.85	10.43
Pension & Post-Retirement Benefits	1.59	1.5	1.31	0.8	0.8
Long-Term Deferred Tax Liabilities	13.58	14.69	16.46	15.63	15.63
Other Long-Term Liabilities	9.68	-	-	-	-
Total Liabilities	210.01	294.06	197.36	107.48	137.26
Common Stock	30.05	30.05	30.05	30.05	30.05
Additional Paid-In Capital	106.1	106.1	106.1	106.1	106.1
Retained Earnings	448.98	322.82	222.03	176.95	156.34
Comprehensive Income & Other	2.87	2.96	3.82	2.67	1.68
Total Common Equity	588	461.94	362	315.77	294.17
Minority Interest	0.54	0.87	0.94	1.15	0.9
Shareholders' Equity	588.54	462.81	362.94	316.91	295.07
Total Liabilities & Equity	798.55	756.87	560.3	424.4	432.33
Total Debt	2.81	4.04	17.17	35.47	26.75
Net Cash (Debt)	136.83	236.53	81.06	-24.06	-17.01
Net Cash Growth	-42.15%	191.79%	-	-	-
Net Cash Per Share	-	1.57	0.54	-0.16	-0.11
Filing Date Shares Outstanding	-	150.27	150.27	150.27	150.27
Total Common Shares Outstanding	-	150.27	150.27	150.27	150.27
Working Capital	359.33	235.11	151.34	114.74	104.33
Book Value Per Share	-	3.07	2.41	2.10	1.96
Tangible Book Value	527.36	412.12	309.88	266.18	247.77
Tangible Book Value Per Share	-	2.74	2.06	1.77	1.65
Land	-	12.22	12.21	12.21	12.12
Buildings	-	122.8	120.81	119.23	116.01
Machinery	-	149	130.47	123.15	116.57
Construction In Progress	-	10.8	11.88	11.98	6.07

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