Polenergia 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	874.46	1,489	1,411	868.69	387.37
Accounts Receivable	249.2	255.89	283.32	362.95	221.22
Other Receivables	124.86	149.23	301.41	112.06	365.38
Inventory	33.09	39.81	90.21	111.62	45.08
Prepaid Expenses	6.7	9.16	9.25	8.02	5.38
Loans Receivable Current	-	-	0.07	0.19	-
Other Current Assets	77.96	139.31	206.05	837.31	1,249
Total Current Assets	1,366	2,082	2,301	2,301	2,273
Property, Plant & Equipment	3,258	3,400	3,257	3,021	2,531
Goodwill	69.13	157.34	157.34	157.34	69.13
Other Intangible Assets	9.22	9.18	9.67	11.58	6.36
Long-Term Investments	3,011	1,708	816.23	396.16	356.91
Long-Term Deferred Tax Assets	49.64	37.73	36.39	25.76	3.44
Other Long-Term Assets	604.22	135.94	133.95	334.97	367.04
Total Assets	8,368	7,530	6,712	6,247	5,607
Accounts Payable	107.1	115.77	108.68	171.98	230.95
Accrued Expenses	78.04	88	52.67	37.03	38.26
Current Portion of Long-Term Debt	201.11	163.56	211.34	216.74	413.92
Current Unearned Revenue	71.4	105.75	242.96	51.1	158.77
Current Portion of Leases	30.31	34.54	27.61	22.87	11.73
Current Income Taxes Payable	12.64	49.22	8	9.6	14.48
Other Current Liabilities	167.76	171.78	252.87	870.2	1,273
Total Current Liabilities	668.36	728.61	904.13	1,380	2,141
Long-Term Debt	2,749	1,941	1,321	1,293	1,020
Long-Term Leases	234.11	237.88	177.14	160.77	207.56
Long-Term Unearned Revenue	34.43	41.57	40.34	40.51	43.7
Pension & Post-Retirement Benefits	2.33	2.5	2.42	2.26	-
Long-Term Deferred Tax Liabilities	96.88	102	97.7	116.8	105.42
Other Long-Term Liabilities	231.25	173.37	171.44	171.74	231.92
Total Liabilities	4,017	3,227	2,714	3,164	3,750
Common Stock	154.44	154.44	154.44	133.6	90.89
Additional Paid-In Capital	2,241	2,241	2,241	1,516	557.98
Retained Earnings	584.62	780.22	638.96	495.7	576.86
Comprehensive Income & Other	1,371	1,128	962.92	937.81	631.36
Total Common Equity	4,351	4,304	3,998	3,083	1,857
Shareholders' Equity	4,351	4,304	3,998	3,083	1,857
Total Liabilities & Equity	8,368	7,530	6,712	6,247	5,607
Total Debt	3,215	2,377	1,737	1,693	1,654
Net Cash (Debt)	-2,340	-887.8	-326.13	-824.39	-1,266
Net Cash Per Share	-30.31	-11.50	-4.77	-13.53	-27.86
Filing Date Shares Outstanding	77.22	77.22	77.22	66.8	45.44
Total Common Shares Outstanding	77.22	77.22	77.22	66.8	45.44
Working Capital	697.91	1,354	1,397	921.32	132.24
Book Value Per Share	56.35	55.73	51.77	46.15	40.87
Tangible Book Value	4,273	4,137	3,831	2,914	1,782
Tangible Book Value Per Share	55.33	53.57	49.61	43.62	39.20
Land	254.7	261.34	195.8	170.69	222.53
Buildings	1,417	1,357	1,294	1,061	675.13
Machinery	2,784	2,720	2,587	2,260	1,561
Construction In Progress	82.14	175.63	133.04	333.62	762.24

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