Stalexport Autostrady 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	867.36	788.79	644.24	638.25	476.89	326.18
Short-Term Investments	1.44	1.4	1.33	1.22	1.09	1.12
Cash & Short-Term Investments	868.8	790.19	645.57	639.47	477.97	327.31
Cash Growth	17.11%	22.40%	0.95%	33.79%	46.03%	-20.35%
Accounts Receivable	37.23	29.6	27.64	22.79	17.83	19.35
Other Receivables	1.87	10.77	39.22	8.99	2.24	1.99
Receivables	39.1	40.37	66.86	31.77	20.07	21.34
Inventory	2.29	2.93	3.69	3.49	3.44	3.32
Total Current Assets	910.19	833.49	716.11	674.73	501.49	351.97
Property, Plant & Equipment	22.74	30.11	37.81	42.19	38.73	32.22
Long-Term Investments	1.06	1.04	0.92	0.95	0.89	0.81
Other Intangible Assets	84.03	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	56.04	51.63	54.65	96.72	78.15	33.85
Other Long-Term Assets	85.18	80.58	215.68	417.39	492.35	504.87
Total Assets	1,159	1,104	1,238	1,543	1,459	1,350
Accounts Payable	170.71	39.37	12.05	43.46	34.13	9.41
Accrued Expenses	12.75	128.54	76.96	87.88	59.64	58.21
Current Portion of Leases	0.33	0.33	0.2	0.19	0.18	0.13
Current Income Taxes Payable	0.62	1.16	0.39	10.22	21.24	15.76
Current Unearned Revenue	12.16	9.69	10.31	10.52	10.29	12.21
Other Current Liabilities	174.82	194.76	215.65	239.68	175.54	101.86
Total Current Liabilities	371.37	373.84	315.58	391.94	301.01	197.58
Long-Term Leases	4.59	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	12.56	11.36	9.16	6.85	4.22	3.84
Other Long-Term Liabilities	0.23	2.19	128.03	380.05	447.33	343.3
Total Liabilities	388.75	392.33	458.7	785.47	760.04	551.33
Common Stock	185.45	185.45	185.45	185.45	185.45	185.45
Additional Paid-In Capital	7.43	7.43	7.43	7.43	7.43	7.43
Retained Earnings	215.86	149.63	138.22	41.1	4.34	94.78
Comprehensive Income & Other	361.64	361.6	442.35	517.72	494.96	505.79
Total Common Equity	770.37	704.11	773.44	751.7	692.18	793.45
Minority Interest	0.12	7.19	5.84	6.23	7.11	5.57
Shareholders' Equity	770.49	711.31	779.28	757.93	699.29	799.02
Total Liabilities & Equity	1,159	1,104	1,238	1,543	1,459	1,350
Total Debt	4.92	5.07	5.1	4.96	4.96	3.22
Net Cash (Debt)	863.88	785.11	640.47	634.51	473.01	324.09
Net Cash Growth	17.23%	22.58%	0.94%	34.14%	45.95%	-20.51%
Net Cash Per Share	3.51	3.18	2.59	2.57	1.91	1.31
Filing Date Shares Outstanding	245.29	247.26	247.26	247.26	247.26	247.26
Total Common Shares Outstanding	245.29	247.26	247.26	247.26	247.26	247.26
Working Capital	538.82	459.64	400.54	282.79	200.48	154.39
Book Value Per Share	3.14	2.85	3.13	3.04	2.80	3.21
Tangible Book Value	686.34	597.31	560.69	440.41	344.74	367.08
Tangible Book Value Per Share	2.80	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

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