Torpol 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	655.85	240.41	516.01	496.16	431.88
Cash & Short-Term Investments	655.85	240.41	516.01	496.16	431.88
Cash Growth	172.81%	-53.41%	4.00%	14.88%	6.66%
Accounts Receivable	337.52	601.17	247.79	172.36	205.25
Other Receivables	15.51	13.72	11.25	10.58	7.94
Receivables	353.03	614.89	259.03	182.99	213.26
Inventory	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	1,125	973.33	906	757.94	702.95
Property, Plant & Equipment	194.25	179.43	162.02	164.72	160.7
Goodwill	9.01	9.01	9.01	9.01	9.01
Other Intangible Assets	3.28	3.03	3.32	3.67	4.07
Long-Term Accounts Receivable	0.02	0.03	0.02	0.03	0.17
Long-Term Deferred Tax Assets	26.86	13.82	23.45	25.94	63.83
Other Long-Term Assets	36.72	27.37	31.16	17.18	18.23
Total Assets	1,396	1,206	1,135	978.49	958.96
Accounts Payable	290.66	257.77	209.88	87.79	100.91
Accrued Expenses	100.43	82.23	91.53	60.2	63.28
Short-Term Debt	0.65	4.83	0.01	2.79	-
Current Portion of Long-Term Debt	-	-	-	-	10.05
Current Portion of Leases	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	218.72	155.16	135.33	208.93	301.9
Other Current Liabilities	100.49	43.59	60.95	74.91	55.72
Total Current Liabilities	728.86	565.93	523.81	451.54	554.7
Long-Term Leases	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	42.65	53.89	51.12	55.8	34.44
Total Liabilities	819.75	677.23	625.83	570.97	666.8
Common Stock	4.59	4.59	4.59	4.59	4.59
Additional Paid-In Capital	57.83	57.83	57.83	57.83	57.83
Retained Earnings	81.05	69.75	102.26	183.09	74.88
Comprehensive Income & Other	433.06	397.26	345.25	162.89	155.76
Total Common Equity	576.53	529.43	509.93	408.4	293.05
Minority Interest	-0.65	-0.66	-0.78	-0.88	-0.9
Shareholders' Equity	575.88	528.77	509.15	407.52	292.16
Total Liabilities & Equity	1,396	1,206	1,135	978.49	958.96
Total Debt	64.7	79.03	65.86	82.09	105.9
Net Cash (Debt)	591.15	161.38	450.15	414.06	325.99
Net Cash Growth	266.31%	-64.15%	8.71%	27.02%	17.89%
Net Cash Per Share	25.74	7.03	19.60	18.03	14.19
Filing Date Shares Outstanding	22.97	22.97	22.97	22.97	22.97
Total Common Shares Outstanding	22.97	22.97	22.97	22.97	22.97
Working Capital	396.64	407.4	382.19	306.4	148.25
Book Value Per Share	25.10	23.05	22.20	17.78	12.76
Tangible Book Value	564.24	517.39	497.61	395.72	279.97
Tangible Book Value Per Share	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

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