Orzel Bialy 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	66.57	35.74	81.68	113.09	22.64	46.23
Short-Term Investments	408.65	329.59	148.02	12.11	-	-
Cash & Short-Term Investments	475.22	365.33	229.7	125.2	22.64	46.23
Cash Growth	43.58%	59.05%	83.47%	453.00%	-51.03%	1295.95%
Accounts Receivable	118.74	160.37	168.55	203.97	173.06	103.01
Other Receivables	-	3.23	5.93	0.89	1.5	5.6
Receivables	118.74	163.6	174.48	225.46	174.56	108.6
Inventory	93.01	105.99	156.94	119.29	118.94	117.61
Other Current Assets	0.05	6.33	13.96	1.71	9.53	0.01
Total Current Assets	687.02	641.25	575.08	471.66	325.67	272.45
Property, Plant & Equipment	116	117.99	121.22	126.73	126.51	130.63
Other Intangible Assets	1.45	1.48	1.11	1.33	1.51	0.81
Long-Term Deferred Tax Assets	0.97	0.33	0.19	0.09	0.15	0.17
Other Long-Term Assets	2.99	3	1.84	0.5	0.46	10.49
Total Assets	808.42	764.06	699.44	600.31	474.9	414.55
Accounts Payable	40.54	8.72	24.22	32.02	26.46	32.28
Accrued Expenses	0.63	18.45	11.72	11.71	7.74	9.71
Short-Term Debt	-	-	0	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	2.07
Current Portion of Leases	0.68	0.91	0.82	1.57	1.23	1.31
Current Income Taxes Payable	0.65	2.37	10.21	21.39	12.34	6.33
Other Current Liabilities	17.67	14.96	13.35	15.87	5.36	6.14
Total Current Liabilities	60.16	45.41	60.32	82.55	53.13	57.83
Long-Term Leases	6.48	6.15	5.2	5.88	6.84	7.43
Pension & Post-Retirement Benefits	7.57	7.09	5.87	3.96	6.95	7.07
Long-Term Deferred Tax Liabilities	-	0.56	6.03	1.66	3.13	1.13
Other Long-Term Liabilities	23.51	23.65	20.05	21.43	18.63	18.48
Total Liabilities	97.72	82.87	97.48	115.47	88.67	91.95
Common Stock	7.16	7.16	7.16	7.16	7.16	7.16
Retained Earnings	53.78	98.02	123.22	117.99	83.8	52.45
Comprehensive Income & Other	649.76	576.01	471.59	359.68	295.26	262.99
Total Common Equity	710.7	681.19	601.97	484.83	386.23	322.6
Shareholders' Equity	710.7	681.19	601.97	484.83	386.23	322.6
Total Liabilities & Equity	808.42	764.06	699.44	600.31	474.9	414.55
Total Debt	7.15	7.06	6.02	7.45	8.07	10.81
Net Cash (Debt)	468.07	358.27	223.67	117.75	14.57	35.43
Net Cash Growth	65.95%	60.17%	89.95%	708.12%	-58.87%	-
Net Cash Per Share	28.11	21.52	13.43	7.07	0.88	2.13
Filing Date Shares Outstanding	16.65	16.65	16.65	16.65	16.65	16.65
Total Common Shares Outstanding	16.65	16.65	16.65	16.65	16.65	16.65
Working Capital	626.85	595.84	514.75	389.11	272.54	214.62
Book Value Per Share	42.68	40.91	36.15	29.12	23.20	19.37
Tangible Book Value	709.25	679.71	600.86	483.51	384.71	321.78
Tangible Book Value Per Share	42.60	40.82	36.09	29.04	23.10	19.33
Land	-	108.03	107.12	102.88	101.88	101.88
Machinery	-	124.47	120.48	117.03	112.77	113.49
Construction In Progress	-	4.32	4.8	7.66	3.25	2.68

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