MFO S.A. (WSE:MFO)

MFO S.A. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	59.56	75.14	134.99	85.14	35.61	33.12
Short-Term Investments	9.42	8.1	4.32	-	-	-
Cash & Short-Term Investments	68.98	83.24	139.31	85.14	35.61	33.12
Cash Growth	-29.17%	-40.25%	63.63%	139.11%	7.51%	40.43%
Accounts Receivable	89.37	56.57	49.37	50.73	91.28	27.48
Other Receivables	13.11	14.97	7.77	13.45	2.73	6.57
Receivables	102.48	71.54	57.14	64.18	94.01	34.06
Inventory	128.14	87.98	91.58	101.88	239.03	83.67
Other Current Assets	4.78	3.88	0.94	0.97	0.23	0.59
Total Current Assets	304.38	246.63	288.97	252.17	368.87	151.43
Property, Plant & Equipment	266.03	230.98	157.05	154.69	133.72	115.28
Other Intangible Assets	0.25	42.85	44.69	0.7	1.04	0.35
Long-Term Deferred Tax Assets	-	-	-	-	2.3	0.94
Long-Term Deferred Charges	41.29	-	-	45.78	45.83	43.39
Other Long-Term Assets	3.63	8.35	6.68	0.84	5.17	0.02
Total Assets	615.57	528.81	497.39	454.17	556.93	311.4
Accounts Payable	108.72	77.4	57.47	23.92	116.4	32.45
Accrued Expenses	4.44	3.69	2.48	4.58	10.31	4.75
Short-Term Debt	43.91	19.31	18.87	19	-	40.32
Current Portion of Long-Term Debt	27.4	32.09	47.06	38.17	47.53	3.17
Current Portion of Leases	4.75	3.24	3.41	3.03	19.01	1.28
Current Income Taxes Payable	-	-	-	-	-	0.22
Current Unearned Revenue	3.02	2.92	2.52	3.05	1.8	0.72
Other Current Liabilities	0.2	0.69	0.86	3.4	1.48	0.14
Total Current Liabilities	192.43	139.33	132.67	95.14	196.52	83.04
Long-Term Debt	44.52	35	16.67	-	1.25	4.41
Long-Term Leases	14.07	9.06	11.58	9.41	6.22	2.03
Long-Term Unearned Revenue	24.15	24.91	25.94	26.03	27.03	25.82
Pension & Post-Retirement Benefits	0.24	0.24	0.2	0.16	0.21	0.29
Long-Term Deferred Tax Liabilities	15.02	12.1	10.77	9.07	9.63	8.51
Other Long-Term Liabilities	-	-	-0	0	-	-0
Total Liabilities	290.43	220.63	197.83	139.81	240.85	124.1
Common Stock	1.32	1.32	1.32	1.32	1.32	1.32
Additional Paid-In Capital	295.43	288.24	303.04	278.32	170.85	150.44
Retained Earnings	11.1	7.18	-14.8	24.72	133.91	27.02
Comprehensive Income & Other	17.3	11.43	10	10.01	10	8.52
Shareholders' Equity	325.14	308.18	299.57	314.37	316.08	187.3
Total Liabilities & Equity	615.57	528.81	497.39	454.17	556.93	311.4
Total Debt	134.64	98.69	97.59	69.6	74	51.21
Net Cash (Debt)	-65.66	-15.46	41.73	15.53	-38.39	-18.09
Net Cash Growth	-	-	168.64%	-	-	-
Net Cash Per Share	-9.94	-2.34	6.31	2.35	-5.81	-2.74
Filing Date Shares Outstanding	6.61	6.61	6.61	6.61	6.61	6.61
Total Common Shares Outstanding	6.61	6.61	6.61	6.61	6.61	6.61
Working Capital	111.94	107.31	156.3	157.03	172.35	68.38
Book Value Per Share	49.21	46.64	45.34	47.58	47.84	28.35
Tangible Book Value	324.89	265.33	254.88	313.67	315.04	186.95
Tangible Book Value Per Share	49.17	40.16	38.57	47.47	47.68	28.29
Land	14	14.04	13.22	13.22	12.8	5.03
Buildings	153	66.99	65.87	65.85	59.26	56.19
Machinery	117.7	100.37	97.81	90.55	72.2	67.58
Construction In Progress	12	78.14	3.85	4.01	3.27	0.63

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