Stalexport Autostrady 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	788.79	644.24	638.25	476.89	326.18
Short-Term Investments	1.4	1.33	1.22	1.09	1.12
Cash & Short-Term Investments	790.19	645.57	639.47	477.97	327.31
Cash Growth	22.40%	0.95%	33.79%	46.03%	-20.35%
Accounts Receivable	29.6	27.64	22.79	17.83	19.35
Other Receivables	10.77	39.22	8.99	2.24	1.99
Receivables	40.37	66.86	31.77	20.07	21.34
Inventory	2.93	3.69	3.49	3.44	3.32
Total Current Assets	833.49	716.11	674.73	501.49	351.97
Property, Plant & Equipment	30.11	37.81	42.19	38.73	32.22
Long-Term Investments	1.04	0.92	0.95	0.89	0.81
Other Intangible Assets	106.8	212.75	311.29	347.44	426.37
Long-Term Accounts Receivable	-	0.05	0.14	0.29	0.28
Long-Term Deferred Tax Assets	51.63	54.65	96.72	78.15	33.85
Other Long-Term Assets	80.58	215.68	417.39	492.35	504.87
Total Assets	1,104	1,238	1,543	1,459	1,350
Accounts Payable	39.37	12.05	43.46	34.13	9.41
Accrued Expenses	128.54	76.96	87.88	59.64	58.21
Current Portion of Leases	0.33	0.2	0.19	0.18	0.13
Current Income Taxes Payable	1.16	0.39	10.22	21.24	15.76
Current Unearned Revenue	9.69	10.31	10.52	10.29	12.21
Other Current Liabilities	194.76	215.65	239.68	175.54	101.86
Total Current Liabilities	373.84	315.58	391.94	301.01	197.58
Long-Term Leases	4.74	4.9	4.78	4.79	3.09
Long-Term Unearned Revenue	0.2	1.03	1.86	2.7	3.53
Pension & Post-Retirement Benefits	11.36	9.16	6.85	4.22	3.84
Other Long-Term Liabilities	2.19	128.03	380.05	447.33	343.3
Total Liabilities	392.33	458.7	785.47	760.04	551.33
Common Stock	185.45	185.45	185.45	185.45	185.45
Additional Paid-In Capital	7.43	7.43	7.43	7.43	7.43
Retained Earnings	149.63	138.22	41.1	4.34	94.78
Comprehensive Income & Other	361.6	442.35	517.72	494.96	505.79
Total Common Equity	704.11	773.44	751.7	692.18	793.45
Minority Interest	7.19	5.84	6.23	7.11	5.57
Shareholders' Equity	711.31	779.28	757.93	699.29	799.02
Total Liabilities & Equity	1,104	1,238	1,543	1,459	1,350
Total Debt	5.07	5.1	4.96	4.96	3.22
Net Cash (Debt)	785.11	640.47	634.51	473.01	324.09
Net Cash Growth	22.58%	0.94%	34.14%	45.95%	-20.51%
Net Cash Per Share	3.18	2.59	2.57	1.91	1.31
Filing Date Shares Outstanding	247.26	247.26	247.26	247.26	247.26
Total Common Shares Outstanding	247.26	247.26	247.26	247.26	247.26
Working Capital	459.64	400.54	282.79	200.48	154.39
Book Value Per Share	2.85	3.13	3.04	2.80	3.21
Tangible Book Value	597.31	560.69	440.41	344.74	367.08
Tangible Book Value Per Share	2.42	2.27	1.78	1.39	1.48
Buildings	23.52	22.91	22.9	22.33	22.38
Machinery	70.11	71.2	67.4	59.64	54.34
Construction In Progress	1.1	0.89	3.67	6.43	0.44

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.