Tarczynski 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	-	15.41	12.28	12.61	10.23
Trading Asset Securities	-	1.02	1.05	3.62	2.23
Cash & Short-Term Investments	-	16.43	13.33	16.23	12.45
Cash Growth	-	23.21%	-17.86%	30.35%	-47.87%
Accounts Receivable	-	80.57	120.22	119.6	108.97
Other Receivables	-	54.12	57.31	101.68	54.17
Receivables	-	134.7	179.66	221.29	165.17
Inventory	-	139.53	147.39	177.96	100.15
Other Current Assets	368.9	0.96	2.3	1.9	0.88
Total Current Assets	368.9	291.61	342.68	417.37	278.65
Property, Plant & Equipment	-	1,283	1,039	829.43	713.03
Long-Term Investments	-	21.04	21.09	18.59	12.69
Other Intangible Assets	-	85.15	74.08	57.86	36
Long-Term Deferred Tax Assets	-	-	-	7.2	8.25
Other Long-Term Assets	1,751	48.13	44.03	4.72	-
Total Assets	2,119	1,729	1,521	1,335	1,049
Accounts Payable	-	141.88	184.5	229.63	159.74
Short-Term Debt	-	66.27	51.51	51.43	22.28
Current Portion of Long-Term Debt	-	163.3	140.65	140.64	35.33
Current Portion of Leases	-	35.05	33.53	16.88	14.54
Current Income Taxes Payable	-	0.73	0.79	-	4.28
Current Unearned Revenue	-	2.94	2.71	2.12	2.09
Other Current Liabilities	754.26	101.56	77.05	66.27	42.74
Total Current Liabilities	754.26	511.74	490.74	506.97	281.01
Long-Term Debt	641.39	428.18	321.64	266.75	292.51
Long-Term Leases	-	100.75	107.8	49.02	38.62
Long-Term Unearned Revenue	-	27.4	30.3	33.43	35.17
Pension & Post-Retirement Benefits	-	1.18	1.31	1.37	1.59
Long-Term Deferred Tax Liabilities	-	23.93	20.23	17.93	16.29
Other Long-Term Liabilities	-	2.57	7.73	-	1.5
Total Liabilities	1,396	1,096	979.76	875.48	666.68
Common Stock	11.35	11.35	11.35	11.35	11.35
Additional Paid-In Capital	-	37.53	37.53	37.53	37.52
Retained Earnings	-	585.93	498.27	408.89	332.17
Comprehensive Income & Other	712.44	-1.73	-5.68	1.94	0.89
Shareholders' Equity	723.79	633.08	541.46	459.7	381.94
Total Liabilities & Equity	2,119	1,729	1,521	1,335	1,049
Total Debt	641.39	793.55	655.13	524.73	403.27
Net Cash (Debt)	-641.39	-777.12	-641.8	-508.5	-390.82
Net Cash Per Share	-56.53	-68.49	-56.56	-44.81	-34.44
Filing Date Shares Outstanding	11.35	11.35	11.35	11.35	11.35
Total Common Shares Outstanding	11.35	11.35	11.35	11.35	11.35
Working Capital	-385.36	-220.13	-148.06	-89.6	-2.36
Book Value Per Share	63.79	55.79	47.72	40.51	33.66
Tangible Book Value	723.79	547.92	467.38	401.84	345.94
Tangible Book Value Per Share	63.79	48.29	41.19	35.41	30.49
Land	-	10.14	5.51	5.08	5.08
Buildings	-	427.68	393.43	294.61	255.14
Machinery	-	711.55	724.92	491.21	392.06
Construction In Progress	-	462.44	214.03	286.75	275.32

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