WSE:RAF 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	26.24	34.05	3.94	0.32	3.58	2.68
Cash & Short-Term Investments	26.24	34.05	3.94	0.32	3.58	2.68
Cash Growth	901.76%	764.10%	1123.91%	-91.01%	33.79%	19.23%
Accounts Receivable	79.08	71.72	86.52	100.21	94.81	90.77
Other Receivables	-	-	-	3.73	4.55	5.24
Total Trade Receivables	79.08	71.72	86.52	103.94	99.36	96.01
Inventory	12.94	12.04	19.08	12.7	26.61	27.11
Other Current Assets	1.75	0.76	0.9	0.55	1.16	1.3
Total Current Assets	120.01	118.57	110.43	117.51	130.71	127.1
Net Property, Plant & Equipment	75.18	76.7	78.22	55.74	96.7	87.02
Other Intangible Assets	0.92	1.06	1.97	1.46	1.54	1.81
Long-Term Investments	0.13	0.13	0.13	33.64	0.22	0.23
Other Long-Term Assets	4.31	4.1	0.71	7.62	5.94	4.71
Total Assets	200.54	200.55	191.45	215.97	235.12	220.86
Accounts Payable	45.03	42.36	34.25	10.94	35.6	33.79
Accrued Expenses	8.6	8.36	5.43	1.88	3.06	3.67
Current Portion of Long-Term Debt	44.31	42.52	34.95	29.46	35.03	29.16
Current Portion of Leases	3.58	3.65	3.59	2.73	2.74	2.17
Unearned Revenue	25.36	23.7	42.83	42.18	32.97	26.32
Other Current Liabilities	0.5	0.51	0.51	10.23	0.16	0.25
Total Current Liabilities	127.39	121.09	121.56	97.42	109.56	95.35
Long-Term Debt	6.47	7.4	10.6	6.95	13.05	10.37
Long-Term Leases	8.45	9.05	10.87	9.72	6.63	4.64
Other Long-Term Liabilities	18.46	18.58	17.31	11.82	21.08	18.46
Total Long-Term Liabilities	33.37	35.03	38.79	28.49	40.76	33.47
Total Liabilities	200.54	200.55	160.34	125.91	150.32	128.82
Common Stock	103.85	83.85	53.85	53.85	43.19	43.19
Additional Paid-in Capital	2.2	2.2	45.06	49.05	52.07	52.99
Accumulated Other Comprehensive Income	-3.02	16.98	-2.05	-1.02	-1.8	-1.78
Retained Earnings	-67.91	-94.3	-65.76	-11.82	-8.67	-2.35
Shareholders' Equity	39.78	44.44	31.11	90.06	84.8	92.04
Total Liabilities & Equity	200.54	200.55	191.45	215.97	235.12	220.86
Total Debt	62.8	62.62	60.02	48.86	57.45	46.34
Net Cash (Debt)	-36.57	-28.56	-56.08	-48.54	-53.87	-43.66
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.51	-4.15	-10.41	-9.01	-12.47	-10.11
Book Value	39.78	44.44	31.11	90.06	84.8	92.04
Book Value Per Share	6.00	6.45	5.78	16.72	19.63	21.31
Tangible Book Value	38.86	43.38	29.14	88.59	83.26	90.23
Tangible Book Value Per Share	5.86	6.30	5.41	16.45	19.28	20.89