LUG S.A. Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.49	10.84	13.96	6.53	8.11	6.01
Cash & Short-Term Investments	1.49	10.84	13.96	6.53	8.11	6.01
Cash Growth	-76.77%	-22.37%	113.94%	-19.51%	34.90%	60.85%
Accounts Receivable	39	38.89	61.87	47.57	45.7	33.51
Other Receivables	0.24	0.18	0.55	1	1.14	1.27
Receivables	41.99	41.45	63.62	48.57	46.84	34.78
Inventory	56.43	69.61	68.25	59.27	64.53	40.77
Other Current Assets	4.42	5.02	3.58	3.57	5.09	4.76
Total Current Assets	104.33	126.92	149.41	117.94	124.57	86.32
Property, Plant & Equipment	46.9	50.51	51	51.48	51.06	45.22
Long-Term Investments	-	-	-	1.26	0.71	0.52
Other Intangible Assets	15.66	16.18	14.71	13.44	11.16	1.78
Long-Term Deferred Tax Assets	4.39	4.03	4.14	5.2	5.79	3.46
Long-Term Deferred Charges	11.97	11.12	10.7	11.95	11.99	19.12
Other Long-Term Assets	0.03	0.11	-	0.04	0.03	0.05
Total Assets	183.27	209.36	230.47	201.29	205.32	156.48
Accounts Payable	30.74	47.86	45.63	38.43	49.54	27.15
Accrued Expenses	10.25	11.03	12.73	12.14	9.57	7.83
Short-Term Debt	15.59	12.66	8.28	13.94	59.16	46.96
Current Portion of Long-Term Debt	50.97	45.01	61.43	51.05	5.2	1.2
Current Portion of Leases	1.58	1.84	1.73	1.57	2.95	4.99
Current Income Taxes Payable	-	0.06	0	0.01	0.1	0.05
Current Unearned Revenue	0.72	0.78	0.49	1.58	0.44	1.19
Other Current Liabilities	2.51	3.58	6.64	6.49	5.74	4.3
Total Current Liabilities	112.36	122.82	136.94	125.2	132.69	93.65
Long-Term Debt	12.13	12.65	13.7	6.27	5.98	1.66
Long-Term Leases	2.6	3.01	3.74	2.34	1.7	3.92
Long-Term Unearned Revenue	-	-	-	2.73	2.68	3.09
Pension & Post-Retirement Benefits	0.46	0.46	0.51	0.37	0.4	0.37
Long-Term Deferred Tax Liabilities	-	-	0	0.04	0.09	0.11
Other Long-Term Liabilities	1.86	1.91	3.28	2.7	2	1.63
Total Liabilities	129.41	140.84	158.17	139.66	145.53	104.43
Common Stock	1.8	1.8	1.8	1.8	1.8	1.8
Additional Paid-In Capital	54.9	57.11	51.74	48.62	44.38	38.73
Retained Earnings	3.82	14.94	24.62	13.54	14.91	15.7
Comprehensive Income & Other	-5.61	-5.03	-4.74	-1.6	-0.4	-2.57
Total Common Equity	54.91	68.81	73.43	62.36	60.69	53.67
Minority Interest	-1.05	-0.29	-1.12	-0.73	-0.91	-1.62
Shareholders' Equity	53.86	68.52	72.3	61.63	59.78	52.05
Total Liabilities & Equity	183.27	209.36	230.47	201.29	205.32	156.48
Total Debt	82.87	75.17	88.87	75.16	74.99	58.73
Net Cash (Debt)	-81.38	-64.33	-74.91	-68.64	-66.88	-52.71
Net Cash Per Share	-11.31	-8.94	-10.41	-9.53	-9.29	-7.32
Filing Date Shares Outstanding	7.2	7.2	7.2	7.2	7.2	7.2
Total Common Shares Outstanding	7.2	7.2	7.2	7.2	7.2	7.2
Working Capital	-8.04	4.1	12.47	-7.27	-8.12	-7.33
Book Value Per Share	7.63	9.56	10.20	8.66	8.43	7.46
Tangible Book Value	39.25	52.64	58.72	48.92	49.53	51.89
Tangible Book Value Per Share	5.45	7.31	8.16	6.80	6.88	7.21
Land	2	2	2	2	2	2
Buildings	39.18	39.24	39.06	39.07	28.68	28.7
Machinery	47.49	47.28	44.05	37.07	35.39	27.74
Construction In Progress	0.38	0.45	0.94	0.46	8.98	0.4

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.