Passus 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	15.28	16.44	16.8	32	10.17
Cash & Short-Term Investments	15.28	16.44	16.8	32	10.17
Cash Growth	-7.09%	-2.15%	-47.49%	214.54%	101.52%
Accounts Receivable	34.51	19.07	22.54	8.79	24
Other Receivables	8.68	2.06	3.33	1.87	2.04
Receivables	45.53	32.47	25.91	10.66	26.04
Inventory	2.02	1.4	2.06	0.15	0.14
Prepaid Expenses	0.08	0.15	0.18	1.89	0.74
Other Current Assets	13.13	9.13	11.64	13.03	10.91
Total Current Assets	76.04	59.59	56.6	57.73	47.99
Property, Plant & Equipment	0.68	1.89	2.74	2.17	2.45
Goodwill	1.99	1.99	1.99	1.99	1.99
Other Intangible Assets	-	-	0.83	1.22	2.27
Long-Term Deferred Tax Assets	2.59	2.75	2.69	2.47	2.18
Long-Term Deferred Charges	2.38	0.69	7.39	7.2	2.24
Other Long-Term Assets	0.98	1.02	0.74	0.32	0.43
Total Assets	84.65	67.94	72.98	73.08	59.56
Accounts Payable	38.63	16.05	23.25	23.82	20.18
Accrued Expenses	4.34	6.85	3.73	6.14	4.68
Current Portion of Leases	0.61	0.58	0.56	0.51	0.61
Current Income Taxes Payable	0.51	-	0.95	0.65	0.88
Current Unearned Revenue	7.96	11.82	18.51	20.69	17.42
Other Current Liabilities	3.38	1.79	1.01	0.63	0.14
Total Current Liabilities	55.42	37.08	48.01	52.43	43.9
Long-Term Leases	0.2	0.46	0.61	0.56	0.52
Pension & Post-Retirement Benefits	0.01	0.01	0.03	0.02	0.06
Other Long-Term Liabilities	-	-	-	0.27	0.13
Total Liabilities	55.63	37.56	48.66	53.28	44.61
Common Stock	0.19	0.21	0.21	0.21	0.19
Additional Paid-In Capital	0.32	4.44	2.97	2.97	1.18
Retained Earnings	25.27	23.6	18.83	15.16	11.06
Comprehensive Income & Other	-	-	-	-	1.4
Total Common Equity	25.77	28.24	22	18.33	13.84
Minority Interest	3.24	2.15	2.32	1.47	1.12
Shareholders' Equity	29.02	30.39	24.32	19.8	14.95
Total Liabilities & Equity	84.65	67.94	72.98	73.08	59.56
Total Debt	0.81	1.04	1.17	1.08	1.14
Net Cash (Debt)	14.47	15.4	15.63	30.92	9.04
Net Cash Growth	-6.04%	-1.49%	-49.45%	242.12%	169.14%
Net Cash Per Share	7.67	7.50	7.61	15.06	4.41
Filing Date Shares Outstanding	1.68	1.79	2.05	2.05	1.92
Total Common Shares Outstanding	1.68	1.79	2.05	2.05	1.92
Working Capital	20.62	22.51	8.59	5.29	4.09
Book Value Per Share	15.35	15.80	10.72	8.93	7.22
Tangible Book Value	23.78	26.25	19.18	15.13	9.57
Tangible Book Value Per Share	14.17	14.69	9.35	7.37	5.00
Buildings	2.79	2.38	1.97	1.57	1.57
Machinery	3	4.92	5.47	4.31	4.16

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