Tarczynski 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	24.19	42.73	15.41	12.28	12.61	10.23
Trading Asset Securities	-	-	-	1.05	3.62	2.23
Cash & Short-Term Investments	24.19	42.73	15.41	13.33	16.23	12.45
Cash Growth	54.66%	177.32%	15.58%	-17.86%	30.35%	-47.87%
Accounts Receivable	188.89	103.04	80.57	120.22	119.6	108.97
Other Receivables	6.61	7.8	40.38	57.31	101.68	54.17
Receivables	195.72	111.04	120.96	179.66	221.29	165.17
Inventory	151.16	161.13	139.53	147.39	177.96	100.15
Prepaid Expenses	-	-	2.61	-	-	-
Other Current Assets	-	54	12.09	2.3	1.9	0.88
Total Current Assets	371.08	368.9	290.6	342.68	417.37	278.65
Property, Plant & Equipment	1,626	1,568	1,245	1,039	829.43	713.03
Long-Term Investments	21.67	21.61	21.04	21.09	18.59	12.69
Goodwill	-	0.03	-	-	-	-
Other Intangible Assets	94.99	90.61	85.15	74.08	57.86	36
Long-Term Deferred Tax Assets	21.07	-	-	-	7.2	8.25
Other Long-Term Assets	111.59	67.08	87.25	44.03	4.72	-
Total Assets	2,246	2,119	1,729	1,521	1,335	1,049
Accounts Payable	226.41	201.36	140.86	184.5	229.63	159.74
Accrued Expenses	21.9	-	-	-	-	-
Short-Term Debt	1.44	69.11	66.27	51.51	51.43	22.28
Current Portion of Long-Term Debt	352.16	328.64	163.3	140.65	140.64	35.33
Current Portion of Leases	58.57	56.88	35.05	33.53	16.88	14.54
Current Income Taxes Payable	0.91	0.93	-	0.79	-	4.28
Current Unearned Revenue	-	-	-	2.71	2.12	2.09
Other Current Liabilities	64.31	97.34	106.25	77.05	66.27	42.74
Total Current Liabilities	725.69	754.26	511.74	490.74	506.97	281.01
Long-Term Debt	608.3	509.89	428.18	321.64	266.75	292.51
Long-Term Leases	106.72	94.75	100.75	107.8	49.02	38.62
Long-Term Unearned Revenue	-	-	-	30.3	33.43	35.17
Pension & Post-Retirement Benefits	1.51	1.51	1.18	1.31	1.37	1.59
Long-Term Deferred Tax Liabilities	-	3.92	23.93	20.23	17.93	16.29
Other Long-Term Liabilities	23.72	31.32	29.97	7.73	-	1.5
Total Liabilities	1,466	1,396	1,096	979.76	875.48	666.68
Common Stock	11.35	11.35	11.35	11.35	11.35	11.35
Additional Paid-In Capital	37.53	37.53	37.53	37.53	37.53	37.52
Retained Earnings	709.75	658.72	563	498.27	408.89	332.17
Comprehensive Income & Other	22.51	16.81	21.21	-5.68	1.94	0.89
Total Common Equity	781.14	724.4	633.08	541.46	459.7	381.94
Minority Interest	-0.72	-0.61	-	-	-	-
Shareholders' Equity	780.42	723.79	633.08	541.46	459.7	381.94
Total Liabilities & Equity	2,246	2,119	1,729	1,521	1,335	1,049
Total Debt	1,127	1,059	793.55	655.13	524.73	403.27
Net Cash (Debt)	-1,103	-1,017	-778.14	-641.8	-508.5	-390.82
Net Cash Per Share	-97.21	-89.59	-68.58	-56.56	-44.81	-34.44
Filing Date Shares Outstanding	11.35	11.35	11.35	11.35	11.35	11.35
Total Common Shares Outstanding	11.35	11.35	11.35	11.35	11.35	11.35
Working Capital	-354.61	-385.36	-221.14	-148.06	-89.6	-2.36
Book Value Per Share	68.84	63.84	55.79	47.72	40.51	33.66
Tangible Book Value	686.14	633.76	547.92	467.38	401.84	345.94
Tangible Book Value Per Share	60.47	55.85	48.29	41.19	35.41	30.49
Land	-	14.4	10.14	5.51	5.08	5.08
Buildings	-	505.52	392.34	393.43	294.61	255.14
Machinery	-	709.87	528.03	724.92	491.21	392.06
Construction In Progress	-	477.4	424.32	214.03	286.75	275.32