Tower Investments 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	0.38	0.48	0.71	2.72	1.38	6.83
Short-Term Investments	-	-	-	0.2	0.46	2.43
Cash & Short-Term Investments	0.38	0.48	0.71	2.92	1.84	9.26
Cash Growth	-47.28%	-32.76%	-75.80%	58.41%	-80.09%	40.36%
Accounts Receivable	4.25	0.42	0.07	0.45	4.07	1.62
Other Receivables	0.05	3.82	0.78	9.3	2.63	3.72
Receivables	4.3	4.24	0.84	9.75	6.7	5.34
Inventory	13.71	13.71	12.17	18.28	16.14	19.34
Prepaid Expenses	-	-	-	-	0.42	7.09
Other Current Assets	-	-	-	-	0.46	2.08
Total Current Assets	18.39	18.42	13.72	30.95	25.57	43.11
Property, Plant & Equipment	0.33	0.24	0.48	0.89	1.24	4.11
Goodwill	-	-	-	13.74	13.74	14.81
Other Intangible Assets	0	0.01	0.03	0.03	0.02	0.33
Long-Term Deferred Tax Assets	-	-	-	1.28	1.66	1.83
Other Long-Term Assets	1.95	2.31	2.05	37.18	43.24	39.58
Total Assets	20.68	20.97	16.28	84.07	85.47	103.78
Accounts Payable	13.32	3.41	3.08	3.21	4.83	5.17
Accrued Expenses	-	4.49	3.79	9.95	2.94	0.96
Short-Term Debt	-	-	0.01	22.62	13.02	-
Current Portion of Long-Term Debt	0.05	-	-	-	0.23	14.97
Current Portion of Leases	-	-	-	-	0.45	1.01
Current Income Taxes Payable	0.47	0.47	0.44	0.44	0.44	0.12
Current Unearned Revenue	-	-	-	3	3	3.58
Other Current Liabilities	0.47	5.72	4.66	5.1	1.78	1.92
Total Current Liabilities	14.31	14.08	11.99	44.32	26.68	27.73
Long-Term Debt	3.42	-	-	-	4.03	9.21
Long-Term Leases	0.03	0.03	0.03	0.6	1.02	2.15
Long-Term Unearned Revenue	-	-	-	-	-	0.17
Long-Term Deferred Tax Liabilities	0.56	0.56	0.56	4.24	3.98	3.78
Other Long-Term Liabilities	4.41	8.1	7.78	0.76	0.59	0.71
Total Liabilities	22.73	22.77	20.36	49.92	36.3	43.75
Common Stock	2.66	1.56	1.56	1.56	1.56	1.56
Additional Paid-In Capital	30.07	30.07	30.07	30.07	30.07	30.07
Retained Earnings	-47.17	-46.91	-49.2	-16.04	-3.4	12.1
Treasury Stock	-	-	-	-0.27	-0.27	-0.27
Comprehensive Income & Other	12.38	13.48	13.48	18.82	21.66	16.38
Total Common Equity	-2.06	-1.8	-4.09	34.14	49.61	59.85
Minority Interest	-	-	-0	-	-0.44	0.18
Shareholders' Equity	-2.06	-1.8	-4.09	34.14	49.18	60.02
Total Liabilities & Equity	20.68	20.97	16.28	84.07	85.47	103.78
Total Debt	3.5	0.03	0.04	23.22	18.75	27.34
Net Cash (Debt)	-3.12	0.44	0.66	-20.3	-16.9	-18.08
Net Cash Growth	-	-33.20%	-	-	-	-
Net Cash Per Share	-1.70	0.28	0.43	-13.10	-10.91	-11.67
Filing Date Shares Outstanding	2.65	1.56	1.55	1.55	1.55	1.55
Total Common Shares Outstanding	2.65	1.56	1.55	1.55	1.55	1.55
Working Capital	4.08	4.34	1.73	-13.37	-1.11	15.37
Book Value Per Share	-0.78	-1.15	-2.64	22.03	32.03	38.62
Tangible Book Value	-2.06	-1.81	-4.12	20.38	35.85	44.71
Tangible Book Value Per Share	-0.78	-1.16	-2.66	13.15	23.15	28.85
Buildings	-	-	0.24	0.33	1.01	-
Machinery	0.53	1.03	1.22	1.47	2.12	1.14