Marvipol Development Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	239.11	187.83	239.54	132.61	182.97
Cash & Short-Term Investments	239.11	187.83	239.54	132.61	182.97
Cash Growth	27.30%	-21.59%	80.63%	-27.52%	28.39%
Accounts Receivable	3.96	4.76	2.63	4.27	1.71
Other Receivables	10.86	41.64	20.66	21.84	47.67
Receivables	14.82	46.4	23.29	26.11	49.38
Inventory	887.4	977.02	812.33	768.2	1,008
Restricted Cash	32.09	70.16	47.18	35.68	35.21
Other Current Assets	-	-	-	15	9.48
Total Current Assets	1,173	1,281	1,122	977.6	1,285
Property, Plant & Equipment	120.6	126.88	128.52	129.53	67.87
Long-Term Investments	-	7.81	4.33	32.62	21.5
Other Intangible Assets	0.23	0.25	0.16	0.25	0.09
Long-Term Deferred Tax Assets	31.13	29.95	24.27	22.8	21.12
Other Long-Term Assets	2.73	3.33	1.32	0.2	72.99
Total Assets	1,446	1,584	1,461	1,377	1,550
Accounts Payable	35.61	43.6	31.1	36.33	46.99
Accrued Expenses	1.73	1.48	5.66	1.95	2.24
Current Portion of Long-Term Debt	20.82	69.86	116.75	19.05	73.28
Current Portion of Leases	8.48	10.99	11.35	12.44	21.82
Current Income Taxes Payable	4.34	0.46	2.08	0.11	6.71
Current Unearned Revenue	88.18	266.58	215.15	230.59	477.3
Other Current Liabilities	8.82	3.45	2.71	10.2	12.69
Total Current Liabilities	167.98	396.42	384.81	310.66	641.03
Long-Term Debt	456.16	378.97	261.73	306.93	254.85
Long-Term Leases	65.95	70.49	72.62	76.89	17.28
Long-Term Deferred Tax Liabilities	16.09	22.52	14.64	12.53	17.94
Other Long-Term Liabilities	8.49	17.2	17.04	15.23	6
Total Liabilities	714.67	885.59	750.85	722.25	937.1
Common Stock	41.65	41.65	41.65	41.65	41.65
Retained Earnings	371.56	338.38	350.81	295.54	253.12
Treasury Stock	-0	-	-	-	-
Comprehensive Income & Other	317.92	317.92	317.92	317.92	317.92
Shareholders' Equity	731.13	697.96	710.39	655.11	612.69
Total Liabilities & Equity	1,446	1,584	1,461	1,377	1,550
Total Debt	551.41	530.31	462.45	415.31	367.24
Net Cash (Debt)	-312.3	-342.48	-222.92	-282.7	-184.26
Net Cash Per Share	-7.50	-8.22	-5.35	-6.79	-4.42
Filing Date Shares Outstanding	41.65	41.65	41.65	41.65	41.65
Total Common Shares Outstanding	41.65	41.65	41.65	41.65	41.65
Working Capital	1,005	884.99	737.53	666.94	644.34
Book Value Per Share	17.55	16.76	17.05	15.73	14.71
Tangible Book Value	730.9	697.71	710.23	654.86	612.6
Tangible Book Value Per Share	17.55	16.75	17.05	15.72	14.71
Land	3.78	3.78	3.78	3.78	3.78
Buildings	60.76	58.99	58.87	55.4	23.94
Machinery	6.33	6.55	3.54	3.58	1.92
Construction In Progress	0.58	0.58	0.65	0.69	21.37

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