PJP Makrum 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	16.8	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	16.8	11.78	13.1	22.11	33.43	21.81
Cash Growth	279.85%	-10.04%	-40.78%	-33.85%	53.27%	122.18%
Accounts Receivable	101.36	115.92	95.02	79.7	59.71	63.02
Other Receivables	2.31	1.56	1.45	3.57	8.03	4.98
Receivables	151.3	176.03	193.14	193.75	114.58	88.81
Inventory	213.99	194.94	66.84	71.31	80.76	63.13
Prepaid Expenses	-	-	2.31	0.63	1.47	1.09
Other Current Assets	7.89	2.9	2.86	2.1	2.03	1.16
Total Current Assets	389.99	385.65	278.24	289.9	232.26	175.98
Property, Plant & Equipment	70.06	70.44	59.01	61.11	50.58	51.12
Long-Term Investments	-	-	-	-	-	3.92
Goodwill	123.56	123.56	31.07	31.07	31.07	31.07
Other Intangible Assets	2.98	3	3.26	3.48	3.13	3.55
Long-Term Deferred Tax Assets	6.61	6.77	4.91	3.51	5.39	3.75
Other Long-Term Assets	21.3	18.85	19.38	17.47	22.23	20.89
Total Assets	614.48	608.27	395.87	406.54	344.65	314.55
Accounts Payable	102.6	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	157.12	110.34	56.94	38.21	17.99	19.62
Current Portion of Leases	5.56	5.83	4.95	4.6	4.57	3.98
Current Income Taxes Payable	0.07	2.8	1.93	1.17	2.72	2.66
Current Unearned Revenue	50.34	26.18	27.5	30.25	34.74	29.32
Other Current Liabilities	5.49	6.46	11.52	8.87	8.73	6.7
Total Current Liabilities	321.18	265.06	210.28	202.63	169.13	167.52
Long-Term Debt	53.99	97.6	0.78	17.32	2	6.73
Long-Term Leases	8.02	8.01	6.74	9.28	10.75	10.51
Pension & Post-Retirement Benefits	0.47	0.5	0.38	0.39	0.44	0.43
Long-Term Deferred Tax Liabilities	0.74	0.75	0.63	1.36	0.55	1.17
Other Long-Term Liabilities	65.53	70.16	13.95	14.03	13.32	8.63
Total Liabilities	449.93	442.09	232.76	245	196.18	195
Common Stock	5.98	5.98	5.98	5.98	5.98	5.98
Additional Paid-In Capital	116.44	116.44	113.3	106	79.31	78.79
Retained Earnings	11.34	13.22	13.21	18.42	30.5	2.48
Comprehensive Income & Other	30.79	30.53	30.62	31.13	32.68	32.3
Shareholders' Equity	164.55	166.18	163.11	161.54	148.47	119.55
Total Liabilities & Equity	614.48	608.27	395.87	406.54	344.65	314.55
Total Debt	224.69	221.78	94.3	110.63	52.83	59.68
Net Cash (Debt)	-207.89	-210	-81.21	-88.52	-19.4	-37.87
Net Cash Per Share	-35.25	-35.10	-13.57	-14.80	-3.24	-6.33
Filing Date Shares Outstanding	5.9	5.98	5.98	5.98	5.98	5.98
Total Common Shares Outstanding	5.9	5.98	5.98	5.98	5.98	5.98
Working Capital	68.81	120.59	67.96	87.28	63.12	8.47
Book Value Per Share	27.90	27.78	27.26	27.00	24.82	19.98
Tangible Book Value	38.02	39.62	128.77	126.99	114.28	84.93
Tangible Book Value Per Share	6.45	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