Termo-Rex 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	4.09	1.21	4.44	0.07	0.31	4.29
Short-Term Investments	-	3.47	0	0.01	0.01	0.93
Cash & Short-Term Investments	4.09	4.68	4.44	0.08	0.32	5.21
Cash Growth	-33.30%	5.38%	5591.03%	-75.55%	-93.88%	-12.90%
Accounts Receivable	4.84	3.48	4.4	1.72	15.87	8.85
Other Receivables	-	0.06	0	0	0	0
Total Trade Receivables	4.84	3.53	4.4	1.72	15.87	8.85
Inventory	4.89	4.46	3.79	3.15	3.51	5.57
Total Current Assets	13.82	12.67	12.63	4.94	19.7	19.63
Net Property, Plant & Equipment	1.9	14.03	9.97	9.7	14.95	14.41
Other Intangible Assets	-	0	0	0	0.05	0.08
Long-Term Investments	6.67	6.67	12.2	11.41	8.56	8.82
Other Long-Term Assets	0.39	0.39	0.36	0.37	0.85	0.43
Total Assets	35.03	33.76	35.16	26.42	44.1	43.37
Accounts Payable	2	1.76	1.84	2.11	8.85	4.73
Accrued Expenses	0.36	0.36	0.07	0.05	0.94	0.87
Short-Term Debt	0.7	0	0	1.07	2.02	3.17
Current Portion of Leases	-	0	0.02	0.04	0.21	0.36
Other Current Liabilities	0.03	0.03	0.08	0	0.24	0.25
Total Current Liabilities	3.1	2.16	2.01	3.27	12.27	9.37
Long-Term Debt	-	0	0	0	0	0.56
Long-Term Leases	0.47	0.47	0.47	0.49	0.69	0.67
Other Long-Term Liabilities	1.41	1.5	1.31	1.06	1.24	1.14
Total Long-Term Liabilities	1.88	1.97	1.77	1.55	1.93	2.38
Total Liabilities	4.98	4.13	3.79	4.82	14.19	11.75
Common Stock	11.35	11.35	11.35	11.35	11.35	11.35
Treasury Stock	-0.19	-0.19	-0.19	-	-	-
Additional Paid-in Capital	7.95	7.95	7.95	3.95	3.95	3.95
Accumulated Other Comprehensive Income	0.01	0.01	0	-	-	-
Retained Earnings	10.93	10.51	12.26	6.23	10.42	11.93
Minority Interest	-	-	-	-	4.18	4.39
Shareholders' Equity	30.05	29.63	31.37	21.6	29.91	31.62
Total Liabilities & Equity	35.03	33.76	35.16	26.42	44.1	43.37
Total Debt	1.17	0.47	0.49	1.6	2.92	4.76
Net Cash (Debt)	2.92	4.21	3.95	-1.52	-2.6	0.45
Net Cash Growth	-48.31%	6.63%	-	-	-	-
Net Cash Per Share	0.03	0.04	0.04	-0.01	-0.02	0.00
Book Value	30.05	29.63	31.37	21.6	29.91	31.62
Book Value Per Share	0.26	0.26	0.28	0.19	0.26	0.28
Tangible Book Value	30.05	29.63	31.37	21.6	29.86	31.53
Tangible Book Value Per Share	0.26	0.26	0.28	0.19	0.26	0.28