Orzel Spolka Akcyjna 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	1.25	2.82	5.28	2.67	5.15	2.74
Net Property, Plant & Equipment	39.06	38.47	39.6	26.04	14.33	15.73
Accrued Interest and Accounts Receivable	2.2	1.28	2.19	1.21	1.42	0.73
Other Intangible Assets	0.17	0.19	0.29	0.39	0.48	0.58
Long-Term Investments	0.04	0.04	0.04	0.04	0.04	0.04
Other Non-Earning Assets	4.87	3.92	4.97	3.52	2.44	1.76
Total Assets	47.6	46.72	51.49	33.2	23.34	21.18
Short-Term Borrowings	8.57	7.71	-	7.43	0.21	0.18
Accounts Payable	1.55	10.22	-	3.52	2.4	0.6
Accrued Expenses	1.66	1	-	1.09	1.03	0.94
Long-Term Debt	13.08	13.08	-	13.08	5.43	5.01
Other Liabilities	10.9	10.92	0.5	5.52	6.15	7.04
Total Liabilities	35.77	34.2	39.09	20.97	13.36	13.72
Common Stock	10.61	10.61	10.61	10.61	10.61	10.61
Additional Paid-in Capital	1.62	1.62	1.62	0	6.23	6.23
Accumulated Other Comprehensive Income	-	-	0	0	0.4	0.4
Retained Earnings	-0.4	0.29	0.17	1.62	-7.26	-9.77
Shareholders' Equity	11.83	12.52	12.4	12.23	9.99	7.47
Total Liabilities & Equity	47.6	46.72	51.49	33.2	23.34	21.18
Total Debt	13.08	13.08	0	13.08	5.43	5.01
Net Cash (Debt)	-13.08	-13.08	-0	-13.08	-5.43	-5.01
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.23	-1.23	-	-1.23	-0.51	-0.47
Book Value	11.83	12.52	12.4	12.23	9.99	7.47
Book Value Per Share	1.11	1.18	1.17	1.15	0.94	0.70
Tangible Book Value	11.66	12.33	12.11	11.85	9.5	6.88
Tangible Book Value Per Share	1.10	1.16	1.14	1.12	0.90	0.65