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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.94	20.72	27.06	24.75	20.54	15.13
Cash & Short-Term Investments	1.94	20.72	27.06	24.75	20.54	15.13
Cash Growth	-88.50%	-23.44%	9.34%	20.51%	35.71%	3.26%
Accounts Receivable	66.52	56.78	69.64	53.89	55.01	36.73
Other Receivables	-	23.53	10.49	5.08	4.28	6.34
Receivables	66.52	80.31	80.13	58.97	59.3	43.06
Inventory	40.4	44.08	66.48	57.71	38.27	9.62
Prepaid Expenses	1.05	-	-	-	0.04	-
Other Current Assets	-	0.48	1.15	0.89	0.62	2.27
Total Current Assets	109.92	145.59	174.82	142.31	118.76	70.08
Property, Plant & Equipment	396.97	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	0.63	0.7	0.75	0.89	1.21	1.55
Long-Term Deferred Tax Assets	0.08	0.19	0.13	0.06	0.06	0.01
Long-Term Deferred Charges	24.9	24.42	16.24	12	10.98	6.4
Other Long-Term Assets	3.27	8.66	17.97	3.7	35.69	7.71
Total Assets	535.78	578.68	431.19	390.22	303.53	216.19
Accounts Payable	51.77	12.19	40.29	21.27	17.01	10.05
Accrued Expenses	1.22	3.26	4.01	2.2	1.61	0.73
Short-Term Debt	-	-	-	-	-	1.32
Current Portion of Long-Term Debt	67.01	72.51	69.5	33.85	30.4	15.08
Current Portion of Leases	2.94	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	10.51	10.51	10.36	8.74	6.4	4.37
Other Current Liabilities	6.6	49.13	9.08	24.14	4.45	12.72
Total Current Liabilities	140.08	151.93	150.98	97.09	63.92	46.13
Long-Term Debt	57.67	65.73	37.89	46.48	29.47	30.85
Long-Term Leases	16.24	10.16	11.12	13.3	2.17	1.85
Long-Term Unearned Revenue	142.72	146.49	80.84	83.68	61.4	58.01
Long-Term Deferred Tax Liabilities	1.67	1.98	1.1	0.46	0.02	0.01
Other Long-Term Liabilities	3.91	4.34	2.75	2.91	2.12	1.92
Total Liabilities	362.43	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	17.58	42.13	46.81	46.59	44.85	34.67
Comprehensive Income & Other	1.87	1.87	1.88	1.89	1.89	1.07
Shareholders' Equity	173.35	197.91	146.41	146.2	144.35	77.38
Total Liabilities & Equity	535.78	578.68	431.19	390.22	303.53	216.19
Total Debt	143.88	152.09	121.85	96.95	63.18	49.63
Net Cash (Debt)	-141.93	-131.38	-94.79	-72.21	-42.65	-34.5
Net Cash Per Share	-19.22	-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	-30.16	-6.34	23.83	45.22	54.84	23.95
Book Value Per Share	23.49	26.81	22.58	22.55	22.63	13.69
Tangible Book Value	172.71	197.2	145.65	145.3	143.12	75.81
Tangible Book Value Per Share	23.40	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.