Muza S.A. 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	4.13	6.67	13.54	3.26	2.61	2.02
Short-Term Investments	3.64	3.65	0.03	-	-	-
Cash & Short-Term Investments	7.76	10.32	13.57	3.26	2.61	2.02
Cash Growth	-23.60%	-23.91%	316.61%	24.69%	29.63%	336.15%
Accounts Receivable	7.81	8.39	10.78	9.86	7.22	8.8
Other Receivables	-	0.47	0.25	0.29	0.33	0.23
Receivables	7.81	8.85	11.03	10.15	7.54	9.03
Inventory	15.29	13.26	11.63	9.98	8.35	8.32
Prepaid Expenses	-	-	-	-	0.08	0.08
Other Current Assets	0.21	0.14	0.15	0.16	0.04	0.01
Total Current Assets	31.07	32.58	36.37	23.54	18.63	19.46
Property, Plant & Equipment	3.14	3.1	3.48	3.57	3.67	3.74
Long-Term Investments	13.38	13.18	12.9	11.25	9.84	9.06
Other Intangible Assets	13.8	13.17	11.64	9.82	7.85	6.71
Long-Term Deferred Tax Assets	1.49	1.46	1.54	1.62	1.53	2.71
Long-Term Deferred Charges	0.01	0	0.02	0.01	-	-
Other Long-Term Assets	0	0.18	0.1	0.1	0.12	0.23
Total Assets	62.93	63.66	66.25	50.11	42.04	42.15
Accounts Payable	11.91	9.16	11.74	9.13	5.99	7.55
Accrued Expenses	0.44	1.85	1.87	2.31	1.33	1.68
Short-Term Debt	0.6	0.6	0.6	0.6	0.93	2.25
Current Portion of Long-Term Debt	-	-	0.5	0.5	-	-
Current Portion of Leases	-	0.83	0.42	0.37	0.4	0.45
Current Income Taxes Payable	-	-	-	-	0.42	0.21
Current Unearned Revenue	-	0.1	0.2	0.1	0.02	0.02
Other Current Liabilities	-0	0.85	4.21	0.48	0.49	1.26
Total Current Liabilities	12.95	13.38	19.55	13.49	9.57	13.41
Long-Term Debt	-	-	-	0.52	1.14	0.35
Long-Term Leases	1.68	2.15	2.82	2.86	2.82	2.73
Pension & Post-Retirement Benefits	0.11	0.11	0.11	0.1	0.1	0.07
Long-Term Deferred Tax Liabilities	2.72	2.69	2.64	2.29	1.87	1.6
Other Long-Term Liabilities	0.67	0.69	0.72	0.69	0.72	0.72
Total Liabilities	18.13	19.02	25.83	19.95	16.22	18.87
Common Stock	6.66	6.66	6.66	6.26	6.26	5.72
Additional Paid-In Capital	9.84	6.36	6.36	5.04	5.04	4.5
Retained Earnings	21.59	21.56	17.76	9	5.71	4.83
Treasury Stock	-0.37	-0.21	-	-	-	-
Comprehensive Income & Other	6.42	9.74	9.19	9.51	8.62	8.38
Total Common Equity	44.13	44.1	39.97	29.81	25.63	23.44
Minority Interest	0.67	0.54	0.46	0.36	0.19	-0.16
Shareholders' Equity	44.81	44.64	40.42	30.16	25.82	23.28
Total Liabilities & Equity	62.93	63.66	66.25	50.11	42.04	42.15
Total Debt	2.28	3.58	4.34	4.85	5.29	5.77
Net Cash (Debt)	5.49	6.74	9.23	-1.6	-2.68	-3.76
Net Cash Growth	-24.28%	-26.98%	-	-	-	-
Net Cash Per Share	1.68	2.06	2.82	-0.52	-0.87	-1.22
Filing Date Shares Outstanding	3.27	3.27	3.27	3.07	3.07	2.8
Total Common Shares Outstanding	3.27	3.27	3.27	3.07	3.07	2.8
Working Capital	18.12	19.2	16.82	10.05	9.07	6.05
Book Value Per Share	13.50	13.49	12.23	9.71	8.35	8.37
Tangible Book Value	30.33	30.94	28.33	19.99	17.78	16.73
Tangible Book Value Per Share	9.28	9.46	8.66	6.51	5.79	5.97
Buildings	-	3.04	4.19	3.73	3.54	3.53
Machinery	-	3.82	3.56	3.53	3.16	3.02
Construction In Progress	-	0.25	0.19	-	0.01	0

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