TAURON Polska Energia 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	1,037	489	596	1,084	1,678	815
Accounts Receivable	4,259	4,056	4,089	4,681	3,819	3,322
Other Receivables	438	504	624	899	1,321	707
Inventory	771	807	937	1,606	1,834	543
Prepaid Expenses	90	90	80	36	53	92
Other Current Assets	496	658	1,319	3,479	1,562	741
Total Current Assets	7,091	6,604	7,645	11,785	10,267	6,220
Property, Plant & Equipment	39,788	39,157	35,742	34,036	31,727	31,120
Goodwill	26	26	26	26	26	26
Other Intangible Assets	811	887	801	865	771	975
Long-Term Investments	269	239	190	169	682	597
Long-Term Loans Receivable	505	494	479	357	206	99
Long-Term Deferred Tax Assets	49	46	144	759	672	123
Long-Term Deferred Charges	40	37	32	47	29	22
Other Long-Term Assets	1,248	1,227	655	1,094	940	893
Total Assets	49,827	48,717	45,714	49,138	45,320	40,075
Accounts Payable	1,755	1,852	1,955	2,163	2,246	1,242
Accrued Expenses	1,138	1,083	1,155	1,238	513	806
Current Portion of Long-Term Debt	1,058	1,061	2,012	1,976	422	2,007
Current Unearned Revenue	1,093	1,065	1,363	1,126	1,085	534
Current Portion of Leases	88	146	128	122	106	136
Current Income Taxes Payable	149	475	23	19	17	4
Other Current Liabilities	6,076	5,856	5,517	6,927	5,806	5,188
Total Current Liabilities	11,357	11,538	12,153	13,571	10,195	9,917
Long-Term Debt	9,880	10,160	10,852	13,999	14,810	9,848
Long-Term Leases	1,841	1,751	1,623	1,318	1,149	1,099
Long-Term Unearned Revenue	2,003	1,669	611	606	571	567
Pension & Post-Retirement Benefits	838	820	701	650	494	789
Long-Term Deferred Tax Liabilities	1,672	1,529	1,592	1,072	1,200	741
Other Long-Term Liabilities	407	464	428	564	287	590
Total Liabilities	27,998	27,931	27,960	31,780	28,706	23,551
Common Stock	8,763	8,763	8,763	8,763	8,763	8,763
Retained Earnings	13,046	12,064	8,814	8,277	7,308	7,386
Comprehensive Income & Other	17	-44	136	280	510	342
Total Common Equity	21,826	20,783	17,713	17,320	16,581	16,491
Minority Interest	3	3	41	38	33	33
Shareholders' Equity	21,829	20,786	17,754	17,358	16,614	16,524
Total Liabilities & Equity	49,827	48,717	45,714	49,138	45,320	40,075
Total Debt	12,867	13,118	14,615	17,415	16,487	13,090
Net Cash (Debt)	-11,830	-12,629	-14,019	-16,331	-14,809	-12,275
Net Cash Per Share	-6.77	-7.21	-8.00	-9.32	-8.45	-7.00
Filing Date Shares Outstanding	1,753	1,753	1,753	1,753	1,753	1,753
Total Common Shares Outstanding	1,753	1,753	1,753	1,753	1,753	1,753
Working Capital	-4,266	-4,934	-4,508	-1,786	72	-3,697
Book Value Per Share	12.45	11.86	10.11	9.88	9.46	9.41
Tangible Book Value	20,989	19,870	16,886	16,429	15,784	15,490
Tangible Book Value Per Share	11.98	11.34	9.64	9.37	9.01	8.84
Land	166	166	160	153	146	144
Buildings	39,391	38,660	36,120	33,430	31,457	31,221
Machinery	29,663	29,101	27,800	26,007	24,968	25,948
Construction In Progress	2,934	3,245	2,517	2,466	1,820	1,773