VRG S.A. 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	14.5	16.99	78.14	95.9	114.57	48.84	Upgrade
Cash & Short-Term Investments	14.5	16.99	78.14	95.9	114.57	48.84	Upgrade
Cash Growth	22.47%	-78.26%	-18.52%	-16.30%	134.59%	93.19%	Upgrade
Accounts Receivable	25.92	7.53	8.27	8.62	7.23	13.33	Upgrade
Other Receivables	-	13.61	6.27	3.04	2.98	-	Upgrade
Receivables	25.92	21.14	14.54	11.66	10.21	13.33	Upgrade
Inventory	783	734.2	563.01	553.26	499.17	505.58	Upgrade
Prepaid Expenses	-	3.16	1.95	2.11	1.88	-	Upgrade
Other Current Assets	0.03	0.71	0.73	0.61	0.75	0.45	Upgrade
Total Current Assets	823.44	776.2	658.36	663.53	626.58	568.21	Upgrade
Property, Plant & Equipment	410.08	385.12	349.99	322.82	340.09	373.32	Upgrade
Long-Term Investments	0.01	0.01	0.03	0.03	0.03	0.03	Upgrade
Goodwill	302.75	302.75	302.75	302.75	302.75	302.75	Upgrade
Other Intangible Assets	197.57	198	198.79	199.38	197.71	196.24	Upgrade
Long-Term Deferred Tax Assets	18.4	18.23	18.65	22.12	26.12	24.52	Upgrade
Other Long-Term Assets	2.66	2.02	1.22	1.03	1.11	1.17	Upgrade
Total Assets	1,755	1,682	1,530	1,512	1,494	1,466	Upgrade
Accounts Payable	155.7	143.5	112.76	108.09	104.97	123.9	Upgrade
Accrued Expenses	-	46.84	38.57	37.9	46.42	24.44	Upgrade
Short-Term Debt	-	73.54	16.87	25.01	22.7	39.57	Upgrade
Current Portion of Long-Term Debt	144.86	-	19.46	13.86	14.61	13.08	Upgrade
Current Portion of Leases	105.18	105.32	102.55	102.23	97.57	98.84	Upgrade
Current Income Taxes Payable	1.41	6.56	6.13	5.77	6.98	3.35	Upgrade
Current Unearned Revenue	-	4.37	12.41	21.74	19.4	12.46	Upgrade
Other Current Liabilities	15.44	33.34	37.7	29.99	19.91	20.01	Upgrade
Total Current Liabilities	422.6	413.46	346.46	344.58	332.56	335.65	Upgrade
Long-Term Debt	-	-	-	19.46	33.66	47.2	Upgrade
Long-Term Leases	218.26	201.11	182.07	201.66	236.96	258.35	Upgrade
Pension & Post-Retirement Benefits	-	1.31	1.22	1.03	1.12	1.24	Upgrade
Other Long-Term Liabilities	3.75	2.34	2.44	2.16	0.43	0.44	Upgrade
Total Liabilities	644.61	618.22	532.19	568.89	604.73	642.88	Upgrade
Common Stock	49.12	49.12	49.12	49.12	49.12	49.12	Upgrade
Retained Earnings	1,045	1,001	934.15	879.31	826.21	759.9	Upgrade
Comprehensive Income & Other	16.62	14.14	14.33	14.33	14.33	14.33	Upgrade
Shareholders' Equity	1,110	1,064	997.6	942.77	889.66	823.35	Upgrade
Total Liabilities & Equity	1,755	1,682	1,530	1,512	1,494	1,466	Upgrade
Total Debt	468.31	379.97	320.96	362.22	405.49	457.05	Upgrade
Net Cash (Debt)	-453.81	-362.98	-242.82	-266.32	-290.92	-408.21	Upgrade
Net Cash Per Share	-1.93	-1.55	-1.03	-1.13	-1.20	-1.74	Upgrade
Filing Date Shares Outstanding	247.96	234.46	234.46	234.46	234.46	234.46	Upgrade
Total Common Shares Outstanding	247.96	234.46	234.46	234.46	234.46	234.46	Upgrade
Working Capital	400.85	362.74	311.91	318.95	294.02	232.55	Upgrade
Book Value Per Share	4.48	4.54	4.25	4.02	3.79	3.51	Upgrade
Tangible Book Value	609.99	563.36	496.06	440.63	389.21	324.36	Upgrade
Tangible Book Value Per Share	2.46	2.40	2.12	1.88	1.66	1.38	Upgrade
Land	-	119.46	116.85	108.55	110.15	117.24	Upgrade
Machinery	-	156.27	142.1	127.15	115.14	119.63	Upgrade
Construction In Progress	-	1.1	4.81	3.98	4.08	1.59	Upgrade

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