PJP Makrum 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	11.78	13.09	22.11	29.37	17.69
Short-Term Investments	-	0.01	0.01	4.05	4.12
Cash & Short-Term Investments	11.78	13.1	22.11	33.43	21.81
Cash Growth	-10.04%	-40.78%	-33.85%	53.27%	122.18%
Accounts Receivable	115.92	95.02	79.7	59.71	63.02
Other Receivables	1.56	1.45	3.57	8.03	4.98
Receivables	176.03	193.14	193.75	114.58	88.81
Inventory	194.94	66.84	71.31	80.76	63.13
Prepaid Expenses	-	2.31	0.63	1.47	1.09
Other Current Assets	2.9	2.86	2.1	2.03	1.16
Total Current Assets	385.65	278.24	289.9	232.26	175.98
Property, Plant & Equipment	70.44	59.01	61.11	50.58	51.12
Long-Term Investments	-	-	-	-	3.92
Goodwill	123.56	31.07	31.07	31.07	31.07
Other Intangible Assets	3	3.26	3.48	3.13	3.55
Long-Term Deferred Tax Assets	6.77	4.91	3.51	5.39	3.75
Other Long-Term Assets	18.85	19.38	17.47	22.23	20.89
Total Assets	608.27	395.87	406.54	344.65	314.55
Accounts Payable	113.46	63.97	58.09	59.65	72.79
Accrued Expenses	-	18.57	20.21	23.2	13.62
Short-Term Debt	-	24.89	41.23	17.53	18.83
Current Portion of Long-Term Debt	110.34	56.94	38.21	17.99	19.62
Current Portion of Leases	5.83	4.95	4.6	4.57	3.98
Current Income Taxes Payable	2.8	1.93	1.17	2.72	2.66
Current Unearned Revenue	26.18	27.5	30.25	34.74	29.32
Other Current Liabilities	6.46	11.52	8.87	8.73	6.7
Total Current Liabilities	265.06	210.28	202.63	169.13	167.52
Long-Term Debt	97.6	0.78	17.32	2	6.73
Long-Term Leases	8.01	6.74	9.28	10.75	10.51
Pension & Post-Retirement Benefits	0.5	0.38	0.39	0.44	0.43
Long-Term Deferred Tax Liabilities	0.75	0.63	1.36	0.55	1.17
Other Long-Term Liabilities	70.16	13.95	14.03	13.32	8.63
Total Liabilities	442.09	232.76	245	196.18	195
Common Stock	5.98	5.98	5.98	5.98	5.98
Additional Paid-In Capital	116.44	113.3	106	79.31	78.79
Retained Earnings	13.22	13.21	18.42	30.5	2.48
Comprehensive Income & Other	30.53	30.62	31.13	32.68	32.3
Shareholders' Equity	166.18	163.11	161.54	148.47	119.55
Total Liabilities & Equity	608.27	395.87	406.54	344.65	314.55
Total Debt	221.78	94.3	110.63	52.83	59.68
Net Cash (Debt)	-210	-81.21	-88.52	-19.4	-37.87
Net Cash Per Share	-35.10	-13.57	-14.80	-3.24	-6.33
Filing Date Shares Outstanding	5.98	5.98	5.98	5.98	5.98
Total Common Shares Outstanding	5.98	5.98	5.98	5.98	5.98
Working Capital	120.59	67.96	87.28	63.12	8.47
Book Value Per Share	27.78	27.26	27.00	24.82	19.98
Tangible Book Value	39.62	128.77	126.99	114.28	84.93
Tangible Book Value Per Share	6.62	21.52	21.23	19.10	14.20
Land	-	4.26	3.87	-	-
Buildings	-	42.33	42.31	36.56	36.23
Machinery	-	15.98	14.94	10.46	9.8
Construction In Progress	-	0.38	0.33	0.02	0.81

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