Orzel Bialy 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	10.87	9.4	35.74	81.68	113.09	22.64
Short-Term Investments	-	464.27	329.59	148.02	12.11	-
Cash & Short-Term Investments	10.87	473.67	365.33	229.7	125.2	22.64
Cash Growth	21.98%	29.65%	59.05%	83.47%	453.00%	-51.03%
Accounts Receivable	154.04	142.86	160.37	168.55	203.97	173.06
Other Receivables	-	3.81	3.23	5.93	0.89	1.5
Receivables	163.54	146.67	163.6	174.48	225.46	174.56
Inventory	84.53	93.11	105.99	156.94	119.29	118.94
Other Current Assets	472.99	1.57	6.33	13.96	1.71	9.53
Total Current Assets	731.94	715.02	641.25	575.08	471.66	325.67
Property, Plant & Equipment	111.44	113.56	117.99	121.22	126.73	126.51
Other Intangible Assets	1.33	1.39	1.48	1.11	1.33	1.51
Long-Term Deferred Tax Assets	0.33	0.71	0.33	0.19	0.09	0.15
Other Long-Term Assets	7.85	7.85	3	1.84	0.5	0.46
Total Assets	852.89	838.53	764.06	699.44	600.31	474.9
Accounts Payable	52.3	32.73	8.72	24.22	32.02	26.46
Accrued Expenses	0.7	16.14	18.45	11.72	11.71	7.74
Short-Term Debt	-	-	-	0	-	-
Current Portion of Leases	0.72	0.65	0.91	0.82	1.57	1.23
Current Income Taxes Payable	0.71	0.39	2.37	10.21	21.39	12.34
Other Current Liabilities	19.98	21.14	14.96	13.35	15.87	5.36
Total Current Liabilities	74.39	71.04	45.41	60.32	82.55	53.13
Long-Term Leases	5.23	5.66	6.15	5.2	5.88	6.84
Pension & Post-Retirement Benefits	7.71	7.71	7.09	5.87	3.96	6.95
Long-Term Deferred Tax Liabilities	0.84	0.03	0.56	6.03	1.66	3.13
Other Long-Term Liabilities	23.65	23.74	23.65	20.05	21.43	18.63
Total Liabilities	111.83	108.18	82.87	97.48	115.47	88.67
Common Stock	7.16	7.16	7.16	7.16	7.16	7.16
Retained Earnings	83.81	72.94	98.02	123.22	117.99	83.8
Comprehensive Income & Other	650.09	650.25	576.01	471.59	359.68	295.26
Total Common Equity	741.06	730.35	681.19	601.97	484.83	386.23
Shareholders' Equity	741.06	730.35	681.19	601.97	484.83	386.23
Total Liabilities & Equity	852.89	838.53	764.06	699.44	600.31	474.9
Total Debt	5.95	6.31	7.06	6.02	7.45	8.07
Net Cash (Debt)	4.92	467.36	358.27	223.67	117.75	14.57
Net Cash Growth	172.44%	30.45%	60.17%	89.95%	708.12%	-58.87%
Net Cash Per Share	0.30	28.07	21.52	13.43	7.07	0.88
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	657.54	643.98	595.84	514.75	389.11	272.54
Book Value Per Share	44.51	43.86	40.91	36.15	29.12	23.20
Tangible Book Value	739.73	728.96	679.71	600.86	483.51	384.71
Tangible Book Value Per Share	44.43	43.78	40.82	36.09	29.04	23.10
Land	-	108.33	108.03	107.12	102.88	101.88
Machinery	-	131.29	124.47	120.48	117.03	112.77
Construction In Progress	-	1.35	4.32	4.8	7.66	3.25