Talex 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	6.76	6.72	3.18	5.15	4.89
Cash & Short-Term Investments	6.76	6.72	3.18	5.15	4.89
Cash Growth	0.64%	111.23%	-38.24%	5.36%	4.92%
Accounts Receivable	13.42	6.04	11.85	7.77	6.16
Other Receivables	0.12	0.24	0.16	0.18	0.14
Receivables	13.53	6.28	12.02	7.95	6.3
Inventory	2.43	0.47	0.46	0.88	0.85
Other Current Assets	0.84	0.82	0.56	0.51	0.57
Total Current Assets	23.56	14.29	16.22	14.49	12.61
Property, Plant & Equipment	51.9	52.63	54.18	54.29	56.51
Other Intangible Assets	0.35	0.17	0.27	0.36	0.49
Long-Term Deferred Tax Assets	0.74	0.51	0.81	0.92	0.33
Long-Term Deferred Charges	0.67	0.59	0.01	-	-
Other Long-Term Assets	2.1	-	6.24	5.99	0.06
Total Assets	79.32	68.19	77.73	76.05	69.99
Accounts Payable	5.78	4.51	5.73	6.54	4.44
Accrued Expenses	1.19	0.8	0.78	0.75	0.77
Short-Term Debt	-	-	3.91	3.51	2.37
Current Portion of Leases	1.49	1.49	1.67	1.9	2.37
Current Income Taxes Payable	-	-	2.56	2.89	1.95
Current Unearned Revenue	1.4	0.25	0.44	0.81	0.65
Other Current Liabilities	5.7	2.5	0.73	0.49	0.04
Total Current Liabilities	15.56	9.55	15.8	16.89	12.59
Long-Term Leases	2.92	2.97	3.46	2.17	3.2
Long-Term Unearned Revenue	5.02	3.99	4.17	4.35	4.54
Pension & Post-Retirement Benefits	0.4	0.36	0.34	0.31	0.25
Long-Term Deferred Tax Liabilities	0.98	0.56	1.38	1.24	0.08
Total Liabilities	24.88	17.43	25.16	24.97	20.65
Common Stock	3	3	3	3	3
Additional Paid-In Capital	19.94	19.94	19.94	19.94	19.94
Retained Earnings	31.44	27.76	29.58	28.09	26.34
Comprehensive Income & Other	0.06	0.06	0.06	0.06	0.06
Shareholders' Equity	54.43	50.75	52.57	51.09	49.34
Total Liabilities & Equity	79.32	68.19	77.73	76.05	69.99
Total Debt	4.42	4.46	9.04	7.59	7.94
Net Cash (Debt)	2.34	2.26	-5.86	-2.44	-3.06
Net Cash Growth	3.85%	-	-	-	-
Net Cash Per Share	0.78	0.75	-1.95	-0.81	-1.02
Filing Date Shares Outstanding	3	3	3	3	3
Total Common Shares Outstanding	3	3	3	3	3
Working Capital	8	4.74	0.41	-2.4	0.02
Book Value Per Share	18.14	16.92	17.52	17.03	16.45
Tangible Book Value	54.08	50.59	52.3	50.73	48.85
Tangible Book Value Per Share	18.03	16.86	17.43	16.91	16.28
Land	1.81	1.81	1.81	1.81	2.26
Buildings	56.85	56.67	56.26	56.09	55.28
Machinery	45.01	42.93	41.76	40.1	39.49
Construction In Progress	0.35	0.3	0.76	0.97	0.06

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