M Food 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	2.55	1.23	1.37	1.12	4.46	8.61
Short-Term Investments	0.03	-	0.03	-	5.28	-
Cash & Short-Term Investments	2.58	1.23	1.4	1.12	9.74	8.61
Cash Growth	621.41%	-12.68%	25.55%	-88.53%	13.14%	16.77%
Accounts Receivable	29.26	27.63	21.13	29.66	32.65	28.04
Other Receivables	2.81	3.6	8.93	5.97	2.68	6.14
Receivables	32.08	31.27	30.06	35.63	35.33	34.18
Inventory	22.88	32.11	33.79	40.88	45.46	36.35
Other Current Assets	0.57	-	-	-	-	-
Total Current Assets	58.11	64.6	65.25	77.63	90.54	79.14
Property, Plant & Equipment	3.46	3.81	4.55	6.05	6.79	7.3
Long-Term Investments	5.16	5.15	5.29	5.6	1.43	1.67
Goodwill	58.41	58.41	77.87	58.53	58.53	58.53
Long-Term Deferred Tax Assets	0.01	0.01	0.01	0.01	-	-
Other Long-Term Assets	0.25	0.3	0.25	0	-	-
Total Assets	125.4	132.28	153.23	147.81	157.28	146.63
Accounts Payable	6.33	11.33	10.17	20.21	24.1	12.59
Accrued Expenses	0.57	0.3	0.57	0.8	0.57	0.07
Short-Term Debt	-	-	-	-	-	33.06
Current Portion of Long-Term Debt	24.84	31.14	29.08	31.13	31.57	-
Current Income Taxes Payable	0.64	0.74	0.31	0.29	1.51	0.23
Current Unearned Revenue	-	-	0.07	-	2.46	-
Other Current Liabilities	0.19	0.24	0.87	2.31	4.6	1.35
Total Current Liabilities	32.56	43.74	41.07	54.74	64.8	47.3
Long-Term Debt	-	-	-	-	1.02	-
Other Long-Term Liabilities	0.7	0.68	0.66	0.62	1.54	1.23
Total Liabilities	33.26	44.43	41.73	55.36	67.36	48.53
Common Stock	19.42	19.42	19.42	10.45	10.45	10.45
Additional Paid-In Capital	103.1	103.1	103.23	90.4	88.79	86.39
Retained Earnings	-30.53	-34.81	-11.38	-9.45	-9.46	1.12
Comprehensive Income & Other	0.14	0.14	0.14	1.04	0.14	0.14
Total Common Equity	92.14	87.85	111.41	92.45	89.92	98.1
Minority Interest	-	-	0.09	-	-	-
Shareholders' Equity	92.14	87.85	111.5	92.45	89.92	98.1
Total Liabilities & Equity	125.4	132.28	153.23	147.81	157.28	146.63
Total Debt	24.84	31.14	29.08	31.13	32.58	33.06
Net Cash (Debt)	-22.25	-29.92	-27.68	-30.01	-22.84	-24.45
Net Cash Per Share	-2.29	-3.08	-2.85	-5.74	-4.37	-4.68
Filing Date Shares Outstanding	9.71	9.71	9.71	5.23	5.23	5.23
Total Common Shares Outstanding	9.71	9.71	9.71	5.23	5.23	5.23
Working Capital	25.56	20.86	24.19	22.89	25.73	31.84
Book Value Per Share	9.49	9.05	11.47	17.69	17.20	18.77
Tangible Book Value	33.73	29.44	33.54	33.92	31.39	39.58
Tangible Book Value Per Share	3.47	3.03	3.45	6.49	6.01	7.57

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