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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	8.86	6.58	6.67	13.54	3.26	2.61
Cash & Short-Term Investments	8.86	6.58	6.67	13.54	3.26	2.61
Cash Growth	42.27%	-1.44%	-50.74%	315.78%	24.69%	29.63%
Accounts Receivable	8.26	9.92	8.85	11.03	10.15	7.54
Inventory	15.76	14.99	13.26	11.63	9.98	8.35
Other Current Assets	0.15	0.13	3.8	0.17	0.16	0.12
Total Current Assets	33.03	31.61	32.58	36.37	23.54	18.63
Net Property, Plant & Equipment	3.44	3.6	3.1	3.48	3.57	3.67
Other Intangible Assets	13.61	14.04	13.35	11.74	9.92	7.95
Long-Term Investments	14.61	14.61	13.18	12.9	11.25	9.84
Other Long-Term Assets	1.75	1.69	1.46	1.77	1.83	1.95
Total Assets	66.44	65.54	63.66	66.25	50.11	42.04
Accounts Payable	12.34	12.05	12.31	18.53	12.66	8.75
Accrued Expenses	1.08	0.69	0.82	0.95	0.82	0.76
Other Current Liabilities	0.82	1.1	1.06	0.9	0.8	0.88
Total Current Liabilities	13.58	13.06	13.38	19.55	13.49	9.57
Long-Term Debt	1.37	1.52	2.15	2.82	3.38	3.96
Other Long-Term Liabilities	3.19	3.07	2.69	2.64	2.29	1.87
Total Long-Term Liabilities	5.22	5.36	5.64	6.28	6.46	6.65
Total Liabilities	18.8	18.43	19.02	25.83	19.95	16.22
Common Stock	6.66	6.66	6.66	6.66	6.26	6.26
Treasury Stock	-0.37	-0.37	-0.21	0	-	0
Additional Paid-in Capital	10.1	10.1	9.68	9.15	7.74	7.74
Accumulated Other Comprehensive Income	6.42	6.42	6.42	6.41	6.81	5.92
Retained Earnings	24.33	23.76	21.56	17.75	9	5.71
Total Common Shareholders' Equity	47.15	46.57	44.1	39.97	29.81	25.63
Minority Interest	0.49	0.54	0.54	0.46	0.36	0.19
Shareholders' Equity	47.64	47.12	44.64	40.42	30.17	25.82
Total Liabilities & Equity	66.44	65.54	63.66	66.25	50.11	42.04
Total Debt	1.37	1.52	2.15	2.82	3.38	3.96
Net Cash (Debt)	7.49	5.06	4.52	10.73	-0.13	-1.35
Net Cash Growth	71.09%	11.81%	-57.85%	-	-	-
Net Cash Per Share	2.29	1.55	1.38	3.28	-0.04	-0.44
Book Value	47.15	46.57	44.1	39.97	29.81	25.63
Book Value Per Share	14.42	14.25	13.49	12.23	9.71	8.35
Tangible Book Value	33.54	32.54	30.76	28.23	19.89	17.68
Tangible Book Value Per Share	10.26	9.95	9.41	8.63	6.48	5.76