Torpol 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	527.02	655.85	240.41	516.01	496.16	431.88
Cash & Short-Term Investments	527.02	655.85	240.41	516.01	496.16	431.88
Cash Growth	46.75%	172.81%	-53.41%	4.00%	14.88%	6.66%
Accounts Receivable	221.7	337.52	601.17	247.79	172.36	205.25
Other Receivables	53.64	15.51	13.72	11.25	10.58	7.94
Receivables	275.34	353.03	614.89	259.03	182.99	213.26
Inventory	149.53	102.4	93.51	121.74	69.42	47.49
Other Current Assets	-	14.22	24.53	9.22	9.37	10.32
Total Current Assets	951.89	1,125	973.33	906	757.94	702.95
Property, Plant & Equipment	210.1	194.25	179.43	162.02	164.72	160.7
Goodwill	9.01	9.01	9.01	9.01	9.01	9.01
Other Intangible Assets	3.13	3.28	3.03	3.32	3.67	4.07
Long-Term Accounts Receivable	0.02	0.02	0.03	0.02	0.03	0.17
Long-Term Deferred Tax Assets	29.23	26.86	13.82	23.45	25.94	63.83
Other Long-Term Assets	20.09	36.72	27.37	31.16	17.18	18.23
Total Assets	1,223	1,396	1,206	1,135	978.49	958.96
Accounts Payable	183.98	290.66	257.77	209.88	87.79	100.91
Accrued Expenses	66.19	100.43	82.23	91.53	60.2	63.28
Short-Term Debt	11.76	0.65	4.83	0.01	2.79	-
Current Portion of Long-Term Debt	-	-	-	-	-	10.05
Current Portion of Leases	12.04	17.64	18.51	16.53	16.69	19.49
Current Income Taxes Payable	-	0.26	3.85	9.57	0.23	3.35
Current Unearned Revenue	183.96	218.72	155.16	135.33	208.93	301.9
Other Current Liabilities	89.98	100.49	43.59	60.95	74.91	55.72
Total Current Liabilities	547.9	728.86	565.93	523.81	451.54	554.7
Long-Term Debt	23.29	-	-	-	-	-
Long-Term Leases	24.47	46.41	55.68	49.32	62.62	76.36
Pension & Post-Retirement Benefits	-	1.84	1.73	1.58	1.01	1.3
Other Long-Term Liabilities	42.22	42.65	53.89	51.12	55.8	34.44
Total Liabilities	637.87	819.75	677.23	625.83	570.97	666.8
Common Stock	4.59	4.59	4.59	4.59	4.59	4.59
Additional Paid-In Capital	57.83	57.83	57.83	57.83	57.83	57.83
Retained Earnings	89.77	81.05	69.75	102.26	183.09	74.88
Comprehensive Income & Other	433.41	433.06	397.26	345.25	162.89	155.76
Total Common Equity	585.6	576.53	529.43	509.93	408.4	293.05
Minority Interest	-	-0.65	-0.66	-0.78	-0.88	-0.9
Shareholders' Equity	585.6	575.88	528.77	509.15	407.52	292.16
Total Liabilities & Equity	1,223	1,396	1,206	1,135	978.49	958.96
Total Debt	71.55	64.7	79.03	65.86	82.09	105.9
Net Cash (Debt)	455.47	591.15	161.38	450.15	414.06	325.99
Net Cash Growth	61.06%	266.31%	-64.15%	8.71%	27.02%	17.89%
Net Cash Per Share	19.84	25.74	7.03	19.60	18.03	14.19
Filing Date Shares Outstanding	22.98	22.97	22.97	22.97	22.97	22.97
Total Common Shares Outstanding	22.98	22.97	22.97	22.97	22.97	22.97
Working Capital	403.99	396.64	407.4	382.19	306.4	148.25
Book Value Per Share	25.49	25.10	23.05	22.20	17.78	12.76
Tangible Book Value	573.47	564.24	517.39	497.61	395.72	279.97
Tangible Book Value Per Share	24.96	24.56	22.52	21.66	17.23	12.19
Land	-	1.88	2.08	2.2	2.2	2.2
Buildings	-	7.5	9.68	10.94	10.92	7.72
Machinery	-	252.73	228.38	195.26	175.77	134.05
Construction In Progress	-	6.7	2.38	6.87	7.73	0.03