Rex Concepts 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	83.16	131.45	64.51	8.29
Cash & Short-Term Investments	83.16	131.45	64.51	8.29
Cash Growth	-	103.75%	678.58%	-
Accounts Receivable	14.81	34.9	2.17	24.22
Receivables	28.48	34.9	2.17	115.51
Inventory	8.45	10.39	6.31	7.67
Other Current Assets	15.92	13.11	24.34	75
Total Current Assets	136.01	189.85	97.34	206.45
Property, Plant & Equipment	949.81	867.88	479.95	250.24
Goodwill	22.89	22.76	24.22	24.22
Other Intangible Assets	14.94	14.54	10.59	6.99
Long-Term Deferred Tax Assets	11.48	16.3	-	-
Other Long-Term Assets	17.23	15.73	-549.71	9.02
Total Assets	1,152	1,127	62.38	496.91
Accounts Payable	30	10.65	72.5	58.82
Current Portion of Leases	77.73	71.03	3.86	24.61
Current Income Taxes Payable	0.45	0.36	0.28	-
Other Current Liabilities	68.35	95.88	34.7	-
Total Current Liabilities	176.52	177.92	111.34	83.44
Long-Term Debt	42.18	41.9	-	-
Long-Term Leases	477.93	421.42	218.8	104
Long-Term Deferred Tax Liabilities	0.04	1.83	2.38	0.21
Other Long-Term Liabilities	11.13	9.65	-554.66	278.92
Total Liabilities	707.8	652.71	-222.14	466.57
Common Stock	63.23	63.23	0.1	-
Additional Paid-In Capital	565.38	56.54	35.26	-
Retained Earnings	-203.89	-171.95	-126.35	-67.42
Comprehensive Income & Other	19.81	526.51	375.52	97.76
Shareholders' Equity	444.54	474.34	284.53	30.35
Total Liabilities & Equity	1,152	1,127	62.38	496.91
Total Debt	597.84	534.35	222.65	128.61
Net Cash (Debt)	-514.69	-402.9	-158.14	-120.33
Net Cash Growth	-	-	-	-
Working Capital	-40.51	11.93	-14.01	123.02
Tangible Book Value	406.72	437.04	249.72	-0.86