Orzel Bialy 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	-	35.74	81.68	113.09	22.64
Short-Term Investments	-	329.59	148.02	12.11	-
Cash & Short-Term Investments	475.22	365.33	229.7	125.2	22.64
Cash Growth	30.08%	59.05%	83.47%	453.00%	-51.03%
Accounts Receivable	-	160.37	168.55	203.97	173.06
Other Receivables	-	3.23	5.93	0.89	1.5
Receivables	-	163.6	174.48	225.46	174.56
Inventory	-	105.99	156.94	119.29	118.94
Other Current Assets	-	6.33	13.96	1.71	9.53
Total Current Assets	-	641.25	575.08	471.66	325.67
Property, Plant & Equipment	-	117.99	121.22	126.73	126.51
Other Intangible Assets	-	1.48	1.11	1.33	1.51
Long-Term Deferred Tax Assets	-	0.33	0.19	0.09	0.15
Other Long-Term Assets	-	3	1.84	0.5	0.46
Total Assets	-	764.06	699.44	600.31	474.9
Accounts Payable	-	8.72	24.22	32.02	26.46
Accrued Expenses	-	18.45	11.72	11.71	7.74
Short-Term Debt	-	-	0	-	-
Current Portion of Leases	-	0.91	0.82	1.57	1.23
Current Income Taxes Payable	-	2.37	10.21	21.39	12.34
Other Current Liabilities	-	14.96	13.35	15.87	5.36
Total Current Liabilities	-	45.41	60.32	82.55	53.13
Long-Term Leases	-	6.15	5.2	5.88	6.84
Pension & Post-Retirement Benefits	-	7.09	5.87	3.96	6.95
Long-Term Deferred Tax Liabilities	-	0.56	6.03	1.66	3.13
Other Long-Term Liabilities	-	23.65	20.05	21.43	18.63
Total Liabilities	-	82.87	97.48	115.47	88.67
Common Stock	-	7.16	7.16	7.16	7.16
Retained Earnings	-	98.02	123.22	117.99	83.8
Comprehensive Income & Other	-	576.01	471.59	359.68	295.26
Total Common Equity	710.7	681.19	601.97	484.83	386.23
Shareholders' Equity	710.7	681.19	601.97	484.83	386.23
Total Liabilities & Equity	-	764.06	699.44	600.31	474.9
Total Debt	7.15	7.06	6.02	7.45	8.07
Net Cash (Debt)	468.07	358.27	223.67	117.75	14.57
Net Cash Growth	30.65%	60.17%	89.95%	708.12%	-58.87%
Net Cash Per Share	28.11	21.52	13.43	7.07	0.88
Filing Date Shares Outstanding	16.65	16.65	16.65	16.65	16.65
Total Common Shares Outstanding	16.65	16.65	16.65	16.65	16.65
Working Capital	-	595.84	514.75	389.11	272.54
Book Value Per Share	42.68	40.91	36.15	29.12	23.20
Tangible Book Value	709.25	679.71	600.86	483.51	384.71
Tangible Book Value Per Share	42.60	40.82	36.09	29.04	23.10
Land	-	108.03	107.12	102.88	101.88
Machinery	-	124.47	120.48	117.03	112.77
Construction In Progress	-	4.32	4.8	7.66	3.25

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