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 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	1.54	1.61	10.84	13.96	6.53	8.11
Cash & Short-Term Investments	1.54	1.61	10.84	13.96	6.53	8.11
Cash Growth	-78.23%	-85.19%	-22.37%	113.94%	-19.51%	34.90%
Accounts Receivable	23.47	24.1	38.89	61.87	47.57	45.7
Other Receivables	3.84	0.09	0.18	0.55	1	1.14
Receivables	29.64	24.77	41.45	63.62	48.57	46.84
Inventory	52.53	58.32	69.61	68.25	59.27	64.53
Other Current Assets	2.59	6.09	5.02	3.58	3.57	5.09
Total Current Assets	86.31	90.78	126.92	149.41	117.94	124.57
Property, Plant & Equipment	46.99	48.35	50.51	51	51.48	51.06
Long-Term Investments	-	-	-	-	1.26	0.71
Other Intangible Assets	15.78	15.77	16.18	14.71	13.44	11.16
Long-Term Deferred Tax Assets	4.3	4.29	4.03	4.14	5.2	5.79
Long-Term Deferred Charges	9.35	9.86	11.12	10.7	11.95	11.99
Other Long-Term Assets	0.3	0.25	0.11	-	0.04	0.03
Total Assets	163.01	169.29	209.36	230.47	201.29	205.32
Accounts Payable	34.11	37.64	47.86	45.63	38.43	49.54
Accrued Expenses	12.15	9.1	11.03	12.73	12.14	9.57
Short-Term Debt	73.04	13.99	12.66	8.28	13.94	59.16
Current Portion of Long-Term Debt	-	58.79	45.01	61.43	51.05	5.2
Current Portion of Leases	2.49	2.46	1.84	1.73	1.57	2.95
Current Income Taxes Payable	0	0	0.06	0	0.01	0.1
Current Unearned Revenue	0.98	0.01	0.78	0.49	1.58	0.44
Other Current Liabilities	2.93	3.51	3.58	6.64	6.49	5.74
Total Current Liabilities	125.69	125.5	122.82	136.94	125.2	132.69
Long-Term Debt	2.84	2.97	12.65	13.7	6.27	5.98
Long-Term Leases	2.73	3.29	3.01	3.74	2.34	1.7
Long-Term Unearned Revenue	-	-	-	-	2.73	2.68
Pension & Post-Retirement Benefits	0.41	0.41	0.46	0.51	0.37	0.4
Long-Term Deferred Tax Liabilities	-	0.01	-	0	0.04	0.09
Other Long-Term Liabilities	0.91	0.84	1.91	3.28	2.7	2
Total Liabilities	132.57	133.01	140.84	158.17	139.66	145.53
Common Stock	1.8	1.8	1.8	1.8	1.8	1.8
Additional Paid-In Capital	54.9	54.9	57.11	51.74	48.62	44.38
Retained Earnings	-20.09	-14	14.94	24.62	13.54	14.91
Comprehensive Income & Other	-5.37	-5.75	-5.03	-4.74	-1.6	-0.4
Total Common Equity	31.24	36.96	68.81	73.43	62.36	60.69
Minority Interest	-0.81	-0.68	-0.29	-1.12	-0.73	-0.91
Shareholders' Equity	30.44	36.28	68.52	72.3	61.63	59.78
Total Liabilities & Equity	163.01	169.29	209.36	230.47	201.29	205.32
Total Debt	81.09	81.5	75.17	88.87	75.16	74.99
Net Cash (Debt)	-79.55	-79.89	-64.33	-74.91	-68.64	-66.88
Net Cash Per Share	-11.05	-11.10	-8.94	-10.41	-9.53	-9.29
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	-39.38	-34.72	4.1	12.47	-7.27	-8.12
Book Value Per Share	4.34	5.13	9.56	10.20	8.66	8.43
Tangible Book Value	15.46	21.19	52.64	58.72	48.92	49.53
Tangible Book Value Per Share	2.15	2.94	7.31	8.16	6.80	6.88
Land	2	2	2	2	2	2
Buildings	40.9	40.8	39.24	39.06	39.07	28.68
Machinery	45.07	45.66	47.28	44.05	37.07	35.39
Construction In Progress	0.06	0.05	0.45	0.94	0.46	8.98