Lokum Deweloper 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	17.55	80.09	236.05	65.39	28.54
Cash & Short-Term Investments	17.55	80.09	236.05	65.39	28.54
Cash Growth	-78.09%	-66.07%	261.00%	129.11%	-66.19%
Accounts Receivable	21.42	2.48	5.09	6.09	40.9
Other Receivables	-	6.06	53.23	5.74	54.77
Receivables	21.42	8.54	58.32	11.83	95.66
Inventory	687.77	538.53	460.88	658.31	641.97
Prepaid Expenses	-	0.12	0.27	1.28	0.73
Other Current Assets	61.75	21.85	31.27	36.73	45.63
Total Current Assets	788.49	649.13	786.77	773.54	812.53
Property, Plant & Equipment	11.05	11.45	12.29	13.23	13.3
Other Intangible Assets	-	0.22	0.05	0.02	0.22
Long-Term Deferred Tax Assets	20.26	21.78	22.49	15.84	17.26
Other Long-Term Assets	18.22	18.04	18.02	1.95	1.96
Total Assets	838.01	700.62	839.63	804.63	845.33
Accounts Payable	-	21.05	77.04	13.16	23.69
Accrued Expenses	-	2.29	2	17.84	10.32
Current Portion of Long-Term Debt	-	11.62	9.52	86.73	21.2
Current Portion of Leases	-	1.8	1.98	3.11	3.03
Current Income Taxes Payable	-	15.28	13.24	2.17	2.8
Current Unearned Revenue	-	16.47	33.49	32.27	70
Other Current Liabilities	63.39	-	-	0.83	0.94
Total Current Liabilities	63.39	68.49	137.27	156.12	131.99
Long-Term Debt	-	48.07	94.34	142.9	242.78
Long-Term Leases	-	13.2	13.64	27.45	28.86
Pension & Post-Retirement Benefits	-	0.12	0.11	0.08	0.13
Long-Term Deferred Tax Liabilities	-	28.43	39.34	30.08	21.41
Other Long-Term Liabilities	218.26	11.3	13.38	17.33	15.23
Total Liabilities	281.66	169.61	298.07	373.95	440.4
Common Stock	3.6	3.6	3.6	3.6	3.6
Additional Paid-In Capital	122.37	122.37	122.37	122.37	122.37
Retained Earnings	430.38	407.22	414	304.08	280.3
Total Common Equity	556.35	533.19	539.97	430.05	406.27
Minority Interest	0.01	-2.19	1.6	0.63	-1.34
Shareholders' Equity	556.36	531.01	541.56	430.68	404.93
Total Liabilities & Equity	838.01	700.62	839.63	804.63	845.33
Total Debt	-	74.68	119.47	260.2	295.87
Net Cash (Debt)	17.55	5.41	116.58	-194.81	-267.33
Net Cash Growth	224.50%	-95.36%	-	-	-
Net Cash Per Share	0.98	0.30	6.48	-10.82	-14.85
Filing Date Shares Outstanding	18	18	18	18	18
Total Common Shares Outstanding	18	18	18	18	18
Working Capital	725.09	580.64	649.5	617.42	680.55
Book Value Per Share	30.91	29.62	30.00	23.89	22.57
Tangible Book Value	556.35	532.97	539.91	430.03	406.05
Tangible Book Value Per Share	30.91	29.61	30.00	23.89	22.56
Buildings	-	10.64	10.39	10.39	10.39
Machinery	-	8.01	8.61	7.65	7.13
Construction In Progress	-	-	0.11	-	0.15

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.