WSE:PHN 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 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	66	97.6	134.6	88.4	135.3	528.7
Short-Term Investments	43.5	33.3	43.3	22	21.6	0.1
Cash & Short-Term Investments	109.5	130.9	177.9	110.4	156.9	528.8
Cash Growth	-69.13%	-26.42%	61.14%	-29.64%	-70.33%	117.17%
Accounts Receivable	91.8	91.8	93.4	125.5	91.5	89.6
Restricted Cash	-	-	-	-	-	24.6
Inventory	299.5	303.8	260.1	122.7	187.9	99.1
Other Current Assets	9.2	8.2	1	0.6	0.7	1.9
Total Current Assets	510	534.7	532.4	359.2	437	743.9
Net Property, Plant & Equipment	3,944	3,891	3,807	3,937	3,659	3,328
Other Intangible Assets	1.1	1.2	1.4	0.4	0.4	10.9
Long-Term Investments	53.9	61.9	61.6	84.7	61.6	-
Other Long-Term Assets	132.7	132.7	181.7	203.3	159.4	69.6
Total Assets	4,641	4,621	4,584	4,585	4,318	4,153
Accounts Payable	133.6	148	155.6	207	119.9	164.3
Accrued Expenses	-	-	-	37.9	40.2	56.3
Short-Term Debt	627.6	322.1	343.5	567.2	224.8	45.1
Current Portion of Leases	36.1	36.4	28.9	13.3	13.6	17.7
Unearned Revenue	61.1	42.7	65.6	3.9	63.3	79.8
Other Current Liabilities	71.6	66.8	121.8	45.9	21.7	3.9
Total Current Liabilities	930	616	715.4	875.2	483.5	367.1
Long-Term Debt	779.6	1,086	1,198	781.6	976.4	1,108
Long-Term Leases	404.5	414.9	400	307.8	307.9	265.5
Other Long-Term Liabilities	253.1	252.7	223.3	195.5	157.7	112.6
Total Long-Term Liabilities	1,437	1,753	1,822	1,285	1,442	1,486
Total Liabilities	2,367	2,369	2,537	2,160	1,926	1,853
Common Stock	51.2	51.2	51.2	51.2	51.2	51
Additional Paid-in Capital	1,934	1,934	2,057	2,123	2,067	2,070
Accumulated Other Comprehensive Income	5.2	-2.1	-2.7	30.7	9.7	5
Retained Earnings	262.2	247	-80.6	202.8	246.1	144.1
Total Common Shareholders' Equity	2,252	2,230	2,025	2,407	2,374	2,271
Minority Interest	21.7	21.9	21.2	17.4	18.2	28.6
Shareholders' Equity	2,274	2,252	2,047	2,425	2,392	2,299
Total Liabilities & Equity	4,641	4,621	4,584	4,585	4,318	4,153
Total Debt	1,848	1,859	1,971	1,670	1,523	1,437
Net Cash (Debt)	-1,738	-1,728	-1,793	-1,560	-1,366	-907.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-33.94	-33.76	-35.02	-30.46	-26.68	-17.77
Book Value	2,252	2,230	2,025	2,407	2,374	2,271
Book Value Per Share	43.98	43.55	39.56	47.02	46.37	44.43
Tangible Book Value	2,251	2,229	2,024	2,407	2,374	2,260
Tangible Book Value Per Share	43.96	43.53	39.53	47.01	46.36	44.22