ULMA Construccion Polska 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	0.83	8.6	42.14	35.2	49.68	57.77
Cash & Short-Term Investments	0.83	8.6	42.14	35.2	49.68	57.77
Cash Growth	-73.86%	-79.60%	19.71%	-29.15%	-13.99%	17.96%
Accounts Receivable	51.14	48.59	47.83	36.91	36.16	29.83
Other Receivables	0.2	2.82	4.44	2.71	3.08	2.97
Receivables	51.34	51.72	62.86	41.82	59.24	32.8
Inventory	11.01	7.42	7.36	8.81	8.42	7.43
Prepaid Expenses	-	-	-	-	-	0.48
Other Current Assets	-	-	0.03	-	0.01	8.59
Total Current Assets	63.17	67.73	112.39	85.83	117.34	107.06
Property, Plant & Equipment	342.14	336.61	274.02	283.19	275.95	256.84
Long-Term Investments	2.4	2.95	2.72	1.84	1.5	2.21
Other Intangible Assets	0.07	0.19	0.31	0.15	0.24	0.26
Long-Term Deferred Tax Assets	7.52	6.41	6.11	5.38	5.82	4.32
Total Assets	415.3	413.88	395.81	396.39	400.86	390.69
Accounts Payable	39.27	29.41	31.72	22.05	33.95	17.18
Accrued Expenses	0.05	8.15	7.21	8.3	7.92	8.34
Current Portion of Long-Term Debt	1.95	4.33	-	-	-	-
Current Portion of Leases	1.84	-	-	-	3.77	3.54
Current Income Taxes Payable	0.99	0.66	0.49	0.15	0.8	0.59
Current Unearned Revenue	-	0.02	0.93	1.09	0.43	0.85
Other Current Liabilities	0	2.63	4.58	4.61	0.5	0.66
Total Current Liabilities	44.11	45.2	44.91	36.2	47.38	31.16
Long-Term Debt	14.09	14.33	-	-	-	-
Long-Term Leases	4.71	4.88	3.53	5.85	8.28	4.09
Pension & Post-Retirement Benefits	0.34	0.34	0.29	0.27	0.29	0.31
Long-Term Deferred Tax Liabilities	11.76	11.84	11.35	10.87	9.49	8.66
Total Liabilities	75	76.6	60.08	53.19	65.43	44.22
Common Stock	10.51	10.51	10.51	10.51	10.51	10.51
Additional Paid-In Capital	114.99	114.99	114.99	114.99	114.99	114.99
Retained Earnings	246.87	239.27	235.07	234.64	220.18	235.25
Comprehensive Income & Other	-32.07	-27.49	-24.84	-16.93	-10.25	-14.28
Shareholders' Equity	340.3	337.28	335.73	343.21	335.43	346.48
Total Liabilities & Equity	415.3	413.88	395.81	396.39	400.86	390.69
Total Debt	22.58	23.55	3.53	5.85	12.04	7.63
Net Cash (Debt)	-21.75	-14.96	38.61	29.35	37.64	50.14
Net Cash Growth	-	-	31.52%	-22.02%	-24.92%	25.36%
Net Cash Per Share	-4.14	-2.85	7.35	5.58	7.16	9.54
Filing Date Shares Outstanding	5.26	5.26	5.26	5.26	5.26	5.26
Total Common Shares Outstanding	5.26	5.26	5.26	5.26	5.26	5.26
Working Capital	19.07	22.52	67.48	49.63	69.97	75.9
Book Value Per Share	64.75	64.17	63.88	65.30	63.82	65.92
Tangible Book Value	340.23	337.09	335.42	343.06	335.19	346.22
Tangible Book Value Per Share	64.74	64.14	63.82	65.27	63.78	65.88
Land	-	123.74	102.06	100.2	99.39	98.41
Machinery	-	583.71	543.25	574	554.06	553.58
Construction In Progress	-	0.91	0.27	0.38	0.25	0.66

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