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
Short-Term Investments	0.02	0.01	0.02	0.04	0.16	0.03
Cash & Short-Term Investments	5.63	15.12	27.34	32.05	5.2	10.19
Cash Growth	-78.83%	-44.68%	-14.72%	516.54%	-48.97%	77.86%
Accounts Receivable	23.86	24.56	23.29	26.3	46.39	36.16
Other Receivables	-	-	0	0.1	0.19	0.04
Total Trade Receivables	23.86	24.56	23.29	26.4	46.58	36.2
Inventory	7.47	8.55	9.87	11.62	27.43	29.19
Total Current Assets	41.92	50.22	60.5	70.07	79.21	75.58
Net Property, Plant & Equipment	51.81	52.73	56.25	47.23	49.68	48.36
Other Intangible Assets	0.27	0.22	0.11	0.16	0.11	0.09
Long-Term Investments	0.06	0.06	0.06	0.04	0.06	0.04
Other Long-Term Assets	4.93	8.9	7.3	8.04	10.91	8.43
Total Assets	98.99	112.13	124.22	125.53	139.97	132.5
Accounts Payable	6.07	13.43	10.26	9.66	23.94	13.22
Accrued Expenses	2.83	3.17	4.02	4.9	3.77	5.36
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
Unearned Revenue	0.05	0.8	3.72	5.13	5.69	1.22
Other Current Liabilities	4.11	4.16	1.88	1.68	2.15	2.14
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
Other Long-Term Liabilities	5.6	5.21	4.19	4.54	6.94	4.49
Total Long-Term Liabilities	9.94	9.65	10.71	11.08	13.79	8.03
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	-
Total Common Shareholders' 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)	-0.45	8.24	15.46	21	-5.19	-8.72
Net Cash Growth	-	-46.69%	-26.38%	-	-	-
Net Cash Per Share	-0.04	0.73	1.36	1.85	-0.46	-0.77
Book Value	72.7	76.74	87.42	87.62	85.67	86.33
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