ML System S.A. (WSE: MLS)

ML System Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7.79	20.72	27.06	24.75	20.54	15.13
Cash & Short-Term Investments	7.79	20.72	27.06	24.75	20.54	15.13
Cash Growth	-84.66%	-23.44%	9.34%	20.51%	35.71%	3.26%
Accounts Receivable	68.72	56.78	69.64	53.89	55.01	36.73
Other Receivables	-	23.53	10.49	5.08	4.28	6.34
Receivables	68.72	80.31	80.13	58.97	59.3	43.06
Inventory	39.74	44.08	66.48	57.71	38.27	9.62
Prepaid Expenses	0.32	-	-	-	0.04	-
Other Current Assets	-	0.48	1.15	0.89	0.62	2.27
Total Current Assets	116.57	145.59	174.82	142.31	118.76	70.08
Property, Plant & Equipment	381.43	399.11	221.28	231.24	136.82	130.42
Goodwill	0.02	0.02	0.02	0.02	0.02	0.02
Other Intangible Assets	0.64	0.7	0.75	0.89	1.21	1.55
Long-Term Deferred Tax Assets	0.16	0.19	0.13	0.06	0.06	0.01
Long-Term Deferred Charges	24.78	24.42	16.24	12	10.98	6.4
Other Long-Term Assets	3.68	8.66	17.97	3.7	35.69	7.71
Total Assets	527.28	578.68	431.19	390.22	303.53	216.19
Accounts Payable	43.31	12.19	40.29	21.27	17.01	10.05
Accrued Expenses	1.07	3.26	4.01	2.2	1.61	0.73
Short-Term Debt	-	-	-	-	-	1.32
Current Portion of Long-Term Debt	60.5	72.51	69.5	33.85	30.4	15.08
Current Portion of Leases	1.17	3.69	3.34	3.31	1.14	0.54
Current Income Taxes Payable	0.02	0.64	14.41	3.57	2.89	1.32
Current Unearned Revenue	10.52	10.51	10.36	8.74	6.4	4.37
Other Current Liabilities	0.8	49.13	9.08	24.14	4.45	12.72
Total Current Liabilities	117.39	151.93	150.98	97.09	63.92	46.13
Long-Term Debt	62.01	65.73	37.89	46.48	29.47	30.85
Long-Term Leases	2.14	10.16	11.12	13.3	2.17	1.85
Long-Term Unearned Revenue	145.37	146.49	80.84	83.68	61.4	58.01
Long-Term Deferred Tax Liabilities	1.07	1.98	1.1	0.46	0.02	0.01
Other Long-Term Liabilities	4.2	4.34	2.75	2.91	2.12	1.92
Total Liabilities	332.3	380.77	284.78	244.02	159.18	138.81
Common Stock	7.38	7.38	6.48	6.48	6.38	5.65
Additional Paid-In Capital	146.52	146.52	91.24	91.24	91.24	35.98
Retained Earnings	39.2	42.13	46.81	46.59	44.85	34.67
Comprehensive Income & Other	1.88	1.87	1.88	1.89	1.89	1.07
Shareholders' Equity	194.98	197.91	146.41	146.2	144.35	77.38
Total Liabilities & Equity	527.28	578.68	431.19	390.22	303.53	216.19
Total Debt	125.81	152.09	121.85	96.95	63.18	49.63
Net Cash (Debt)	-118.03	-131.38	-94.79	-72.21	-42.65	-34.5
Net Cash Per Share	-15.98	-18.82	-14.62	-11.31	-6.99	-5.93
Filing Date Shares Outstanding	7.38	7.38	6.48	6.48	6.38	5.65
Total Common Shares Outstanding	7.38	7.38	6.48	6.48	6.38	5.65
Working Capital	-0.82	-6.34	23.83	45.22	54.84	23.95
Book Value Per Share	26.42	26.81	22.58	22.55	22.63	13.69
Tangible Book Value	194.32	197.2	145.65	145.3	143.12	75.81
Tangible Book Value Per Share	26.33	26.72	22.46	22.41	22.43	13.42
Land	-	10.24	10.24	3.92	3.92	3.92
Buildings	-	51.69	51.62	34.49	34.13	21.25
Machinery	-	304.08	148.19	145.32	88.61	81.92
Construction In Progress	-	40.12	0.29	12.44	0.56	11.4

Source: S&P Capital IQ. Standard template. Financial Sources.