Tesgas 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	5.62	15.12	27.32	32.01	5.04	10.16
Cash & Short-Term Investments	5.62	15.12	27.32	32.01	5.04	10.16
Cash Growth	-78.88%	-44.67%	-14.66%	535.43%	-50.42%	77.84%
Accounts Receivable	23.86	24.56	22.11	23.32	43.81	34.59
Other Receivables	-	-	0.62	1.11	1.67	0.26
Receivables	23.86	24.57	22.74	24.47	45.63	34.87
Inventory	7.47	8.55	9.87	11.62	27.43	29.19
Prepaid Expenses	-	-	0.49	1.86	0.81	0.99
Other Current Assets	4.98	1.99	0.08	0.12	0.29	0.37
Total Current Assets	41.92	50.22	60.5	70.07	79.21	75.58
Property, Plant & Equipment	51.81	52.73	52.48	47.23	49.68	48.36
Other Intangible Assets	0.27	0.22	0.11	0.16	0.11	0.09
Long-Term Deferred Tax Assets	4.48	5.06	3.15	3.77	6.4	3.66
Other Long-Term Assets	0.06	3.84	7.92	4.27	4.51	4.77
Total Assets	98.99	112.13	124.22	125.53	139.97	132.5
Accounts Payable	6.07	11.46	5.06	5.37	21.07	8.93
Accrued Expenses	2.83	4.17	7.93	6.84	4.66	6.31
Current Portion of Long-Term Debt	0.72	1.22	3.46	2.42	0.69	13.04
Current Portion of Leases	1.03	1.22	1.89	2.09	2.85	2.32
Current Income Taxes Payable	-	0.09	0.1	0.11	0.56	0.58
Current Unearned Revenue	0.05	1.01	4.36	6.05	7.07	3.04
Other Current Liabilities	4.93	5.85	2.43	3	2.75	3.08
Total Current Liabilities	15.62	25.02	25.23	25.88	39.66	37.31
Long-Term Debt	-	-	1.21	4.65	3.05	0.72
Long-Term Leases	4.34	4.44	5.31	1.89	3.8	2.82
Long-Term Unearned Revenue	-	-	0.03	0.03	0.02	0.01
Pension & Post-Retirement Benefits	0.25	0.28	0.41	0.36	0.3	0.3
Long-Term Deferred Tax Liabilities	5.27	4.86	3.69	4.1	6.58	4.18
Other Long-Term Liabilities	0.07	0.08	0.07	0.05	0.05	-
Total Liabilities	25.56	34.67	35.94	36.96	53.45	45.34
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	-1.62	2.42	13.1	13.3	11.35	12.01
Total Common Equity	72.7	76.74	87.42	87.62	85.67	86.33
Minority Interest	0.73	0.72	0.87	0.96	0.86	0.83
Shareholders' Equity	73.43	77.46	88.28	88.57	86.53	87.16
Total Liabilities & Equity	98.99	112.13	124.22	125.53	139.97	132.5
Total Debt	6.08	6.88	11.87	11.05	10.39	18.91
Net Cash (Debt)	-0.46	8.24	15.45	20.96	-5.35	-8.74
Net Cash Growth	-	-46.67%	-26.31%	-	-	-
Net Cash Per Share	-0.04	0.73	1.36	1.85	-0.47	-0.77
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	26.3	25.2	35.27	44.19	39.55	38.27
Book Value Per Share	6.41	6.76	7.70	7.72	7.55	7.61
Tangible Book Value	72.43	76.52	87.3	87.46	85.56	86.24
Tangible Book Value Per Share	6.38	6.74	7.69	7.71	7.54	7.60
Land	-	-	6.47	6.27	6.27	6.27
Buildings	-	-	28.46	27.57	27.57	27.57
Machinery	-	-	48.49	-	33.54	33.2
Construction In Progress	-	-	12.33	0.88	0.89	0.49