Makarony Polskie 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	39.56	33.52	53.1	29	7.83	26.16
Cash & Short-Term Investments	39.56	33.52	53.1	29	7.83	26.16
Cash Growth	-20.44%	-36.87%	83.08%	270.50%	-70.07%	6279.51%
Accounts Receivable	49.68	41.84	33.22	35.77	33.71	19.82
Other Receivables	-	2.71	4.66	6.82	6.45	4.09
Receivables	49.68	44.55	37.88	42.59	40.15	23.92
Inventory	33.57	31.38	28.22	28.72	44.48	21.38
Prepaid Expenses	-	-	1.29	1.14	1.55	0.42
Other Current Assets	12.23	11.86	4.95	0.99	1.14	0.4
Total Current Assets	135.04	121.32	125.43	102.44	95.15	72.28
Property, Plant & Equipment	119.87	122.22	125.58	133.16	135.17	119.56
Goodwill	0.19	0.19	0.19	0.19	2.86	5.95
Other Intangible Assets	1.78	1.87	2.13	1.98	5.5	6.59
Long-Term Deferred Tax Assets	0.39	0.4	0.49	0.31	0	-
Long-Term Deferred Charges	-	0.03	0.02	0	0.04	0.06
Other Long-Term Assets	4.46	4.43	-	0	0.6	0.61
Total Assets	261.72	250.46	253.84	238.09	239.33	205.04
Accounts Payable	-	29.13	28.56	28.78	43.88	30.79
Accrued Expenses	3.62	3.4	7.62	7.16	5.33	2.97
Current Portion of Long-Term Debt	1.73	1.74	3.02	3.02	13.22	15.24
Current Portion of Leases	2.04	2.29	2.28	1.51	1.36	1.39
Current Income Taxes Payable	0.02	2.7	5.18	7.87	2.35	0.31
Current Unearned Revenue	2.38	2.91	3.51	2.66	2.36	2.33
Other Current Liabilities	39.6	0.67	1.6	2.39	6.17	0.97
Total Current Liabilities	49.38	42.84	51.77	53.38	74.67	54
Long-Term Debt	3.41	3.84	5.68	8.69	13.13	20.52
Long-Term Leases	3.85	4.32	5.48	5.92	3.53	3.57
Long-Term Unearned Revenue	10.75	10.85	13.3	15.89	19.5	21.23
Pension & Post-Retirement Benefits	1.13	1.13	1.01	1.07	0.5	0.4
Long-Term Deferred Tax Liabilities	1.74	2.22	2.96	3.88	5.09	3.21
Other Long-Term Liabilities	-	-	-	-	-	0.47
Total Liabilities	70.25	65.19	80.2	88.81	116.42	103.39
Common Stock	33.12	33.12	33.12	33.12	33.12	27.75
Additional Paid-In Capital	111.61	111.61	88.27	60.34	53.52	43.09
Retained Earnings	24.45	18.25	28.27	43.81	24.16	5.93
Treasury Stock	-2.72	-2.72	-1.02	-	-	-
Comprehensive Income & Other	25	25	25	12	12.11	24.89
Shareholders' Equity	191.47	185.27	173.64	149.28	122.91	101.65
Total Liabilities & Equity	261.72	250.46	253.84	238.09	239.33	205.04
Total Debt	11.02	12.19	16.45	19.13	31.25	40.72
Net Cash (Debt)	28.54	21.33	36.65	9.87	-23.42	-14.56
Net Cash Growth	-14.31%	-41.80%	271.33%	-	-	-
Net Cash Per Share	2.61	1.95	3.32	0.89	-2.12	-1.56
Filing Date Shares Outstanding	10.88	10.9	10.92	11.04	11.04	11.04
Total Common Shares Outstanding	10.88	10.9	10.99	11.04	11.04	9.25
Working Capital	85.66	78.48	73.66	49.07	20.48	18.29
Book Value Per Share	17.60	17.00	15.80	13.52	11.13	10.99
Tangible Book Value	189.5	183.21	171.33	147.11	114.55	89.12
Tangible Book Value Per Share	17.42	16.81	15.59	13.32	10.38	9.63