Tesgas Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	27.32	32.01	5.04	10.16
Cash & Short-Term Investments	5.85	27.32	32.01	5.04	10.16
Cash Growth	-78.59%	-14.66%	535.43%	-50.42%	77.84%
Accounts Receivable	-	23.29	23.32	43.81	34.59
Other Receivables	-	-	1.11	1.67	0.26
Receivables	-	23.31	24.47	45.63	34.87
Inventory	-	9.87	11.62	27.43	29.19
Prepaid Expenses	-	-	1.86	0.81	0.99
Other Current Assets	-	-	0.12	0.29	0.37
Total Current Assets	-	60.5	70.07	79.21	75.58
Property, Plant & Equipment	-	56.25	47.23	49.68	48.36
Other Intangible Assets	-	0.11	0.16	0.11	0.09
Long-Term Deferred Tax Assets	-	3.15	3.77	6.4	3.66
Other Long-Term Assets	-	4.15	4.27	4.51	4.77
Total Assets	-	124.22	125.53	139.97	132.5
Accounts Payable	-	10.26	5.37	21.07	8.93
Accrued Expenses	-	3.91	6.84	4.66	6.31
Current Portion of Long-Term Debt	-	3.46	2.42	0.69	13.04
Current Portion of Leases	-	1.89	2.09	2.85	2.32
Current Income Taxes Payable	-	0.1	0.11	0.56	0.58
Current Unearned Revenue	-	3.72	6.05	7.07	3.04
Other Current Liabilities	-	1.88	3	2.75	3.08
Total Current Liabilities	-	25.23	25.88	39.66	37.31
Long-Term Debt	-	1.21	4.65	3.05	0.72
Long-Term Leases	-	5.31	1.89	3.8	2.82
Long-Term Unearned Revenue	-	0.03	0.03	0.02	0.01
Pension & Post-Retirement Benefits	-	0.41	0.36	0.3	0.3
Long-Term Deferred Tax Liabilities	-	3.69	4.1	6.58	4.18
Other Long-Term Liabilities	-	0.07	0.05	0.05	-
Total Liabilities	-	35.94	36.96	53.45	45.34
Common Stock	-	11.35	11.35	11.35	11.35
Additional Paid-In Capital	-	62.97	62.97	62.97	62.97
Retained Earnings	-	13.1	13.3	11.35	12.01
Total Common Equity	81.49	87.42	87.62	85.67	86.33
Minority Interest	-	0.87	0.96	0.86	0.83
Shareholders' Equity	82.24	88.28	88.57	86.53	87.16
Total Liabilities & Equity	-	124.22	125.53	139.97	132.5
Total Debt	7.91	11.87	11.05	10.39	18.91
Net Cash (Debt)	-2.06	15.45	20.96	-5.35	-8.74
Net Cash Growth	-	-26.31%	-	-	-
Net Cash Per Share	-0.18	1.36	1.85	-0.47	-0.77
Filing Date Shares Outstanding	11.35	11.35	11.35	11.35	11.35
Total Common Shares Outstanding	11.35	11.35	11.35	11.35	11.35
Working Capital	-	35.27	44.19	39.55	38.27
Book Value Per Share	7.18	7.70	7.72	7.55	7.61
Tangible Book Value	81.42	87.3	87.46	85.56	86.24
Tangible Book Value Per Share	7.17	7.69	7.71	7.54	7.60
Land	-	-	6.27	6.27	6.27
Buildings	-	-	27.57	27.57	27.57
Machinery	-	-	-	33.54	33.2
Construction In Progress	-	-	0.88	0.89	0.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.