Tesgas Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.85	27.32	32.01	5.04	10.16	5.71
Cash & Short-Term Investments	5.85	27.32	32.01	5.04	10.16	5.71
Cash Growth	-77.03%	-14.66%	535.43%	-50.42%	77.84%	9.51%
Accounts Receivable	30.31	23.29	23.32	43.81	34.59	39.72
Other Receivables	-	-	1.11	1.67	0.26	0.08
Receivables	30.32	23.31	24.47	45.63	34.87	39.82
Inventory	10.18	9.87	11.62	27.43	29.19	17.03
Prepaid Expenses	-	-	1.86	0.81	0.99	1.01
Other Current Assets	-0	-	0.12	0.29	0.37	0.42
Total Current Assets	46.35	60.5	70.07	79.21	75.58	63.99
Property, Plant & Equipment	54.47	56.25	47.23	49.68	48.36	47.38
Other Intangible Assets	0.07	0.11	0.16	0.11	0.09	0.07
Long-Term Deferred Tax Assets	6.36	3.15	3.77	6.4	3.66	4.42
Other Long-Term Assets	3.46	4.15	4.27	4.51	4.77	4.93
Total Assets	111.26	124.22	125.53	139.97	132.5	120.84
Accounts Payable	9.47	10.26	5.37	21.07	8.93	13.42
Accrued Expenses	3.29	3.91	6.84	4.66	6.31	6.6
Current Portion of Long-Term Debt	1.98	3.46	2.42	0.69	13.04	1.12
Current Portion of Leases	1.39	1.89	2.09	2.85	2.32	2.37
Current Income Taxes Payable	-	0.1	0.11	0.56	0.58	0.01
Current Unearned Revenue	0.18	3.72	6.05	7.07	3.04	3.53
Other Current Liabilities	1.43	1.88	3	2.75	3.08	2.68
Total Current Liabilities	17.74	25.23	25.88	39.66	37.31	29.73
Long-Term Debt	0.01	1.21	4.65	3.05	0.72	2.87
Long-Term Leases	4.53	5.31	1.89	3.8	2.82	2.23
Long-Term Unearned Revenue	-	0.03	0.03	0.02	0.01	0
Pension & Post-Retirement Benefits	0.21	0.41	0.36	0.3	0.3	0.31
Long-Term Deferred Tax Liabilities	6.18	3.69	4.1	6.58	4.18	5.02
Other Long-Term Liabilities	0.36	0.07	0.05	0.05	-	0
Total Liabilities	29.02	35.94	36.96	53.45	45.34	40.15
Common Stock	11.35	11.35	11.35	11.35	11.35	11.35
Additional Paid-In Capital	62.97	62.97	62.97	62.97	62.97	62.97
Retained Earnings	7.17	13.1	13.3	11.35	12.01	5.45
Total Common Equity	81.49	87.42	87.62	85.67	86.33	79.77
Minority Interest	0.75	0.87	0.96	0.86	0.83	0.92
Shareholders' Equity	82.24	88.28	88.57	86.53	87.16	80.69
Total Liabilities & Equity	111.26	124.22	125.53	139.97	132.5	120.84
Total Debt	7.91	11.87	11.05	10.39	18.91	8.58
Net Cash (Debt)	-2.06	15.45	20.96	-5.35	-8.74	-2.86
Net Cash Growth	-	-26.31%	-	-	-	-
Net Cash Per Share	-0.18	1.36	1.85	-0.47	-0.77	-0.25
Filing Date Shares Outstanding	11.35	11.35	11.35	11.35	11.35	11.35
Total Common Shares Outstanding	11.35	11.35	11.35	11.35	11.35	11.35
Working Capital	28.61	35.27	44.19	39.55	38.27	34.26
Book Value Per Share	7.18	7.70	7.72	7.55	7.61	7.03
Tangible Book Value	81.42	87.3	87.46	85.56	86.24	79.7
Tangible Book Value Per Share	7.17	7.69	7.71	7.54	7.60	7.02
Land	-	-	6.27	6.27	6.27	6.27
Buildings	-	-	27.57	27.57	27.57	27.57
Machinery	-	-	-	33.54	33.2	30.25
Construction In Progress	-	-	0.88	0.89	0.49	0.42

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.