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 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	30.23	67.41	16.99	52.65	95.9	114.57
Cash & Short-Term Investments	30.23	67.41	16.99	52.65	95.9	114.57
Cash Growth	131.83%	296.84%	-67.74%	-45.10%	-16.30%	134.59%
Accounts Receivable	24.51	19.77	24.98	9.27	14.3	12.84
Other Receivables	0.16	0.03	0.04	0.1	0.08	-
Total Trade Receivables	24.66	19.8	25.01	9.37	14.38	12.84
Inventory	769.17	763.59	733.44	170.1	553.26	499.17
Other Current Assets	0.22	-	-	1.06	0	-
Total Current Assets	824.29	850.8	775.44	233.18	663.53	626.58
Net Property, Plant & Equipment	473.55	414.63	388.35	164.58	322.82	340.09
Other Intangible Assets	246.27	197.48	198	116.37	199.38	197.71
Goodwill	365.85	302.75	302.75	120.86	302.75	302.75
Long-Term Investments	0.01	0.01	0.01	287.25	0.03	0.03
Other Long-Term Assets	22.75	20.05	20.25	13.91	23.14	27.23
Total Assets	1,933	1,786	1,685	936.13	1,512	1,494
Accounts Payable	118.88	236.28	222.88	91.55	198.22	193.16
Accrued Expenses	0.71	7.74	6.56	-	5.77	6.98
Current Portion of Long-Term Debt	94.16	35.03	61.05	8.24	22.79	20.6
Current Portion of Leases	194.83	104.52	105.74	52.5	102.23	97.57
Other Current Liabilities	18.75	18.37	17.83	14.56	-	14.25
Total Current Liabilities	428.85	401.94	414.05	166.85	344.58	332.56
Long-Term Debt	83.82	-	-	0	19.46	33.66
Long-Term Leases	254.24	217.92	203.92	87.44	201.66	236.96
Other Long-Term Liabilities	4.39	4.32	3.65	0.45	3.19	1.55
Total Long-Term Liabilities	342.44	222.24	207.57	87.89	224.31	272.17
Total Liabilities	771.29	624.18	621.62	254.74	568.89	604.73
Common Stock	49.12	49.12	49.12	49.12	49.12	49.12
Additional Paid-in Capital	16.72	16.72	14.32	598.89	14.33	14.33
Accumulated Other Comprehensive Income	-0.04	-0.1	-0.19	-	0	-
Retained Earnings	1,096	1,096	999.92	33.39	879.31	826.21
Shareholders' Equity	1,161	1,162	1,063	681.39	942.77	889.66
Total Liabilities & Equity	1,933	1,786	1,685	936.13	1,512	1,494
Total Debt	627.05	357.47	370.71	148.18	346.13	388.79
Net Cash (Debt)	-596.82	-290.06	-353.72	-95.53	-250.23	-274.21
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.55	-1.24	-1.51	-0.41	-1.06	-1.14
Book Value	1,161	1,162	1,063	681.39	942.77	889.66
Book Value Per Share	4.95	4.95	4.53	2.89	4.00	3.68
Tangible Book Value	549.3	661.3	562.43	444.17	440.63	389.21
Tangible Book Value Per Share	2.34	2.82	2.40	1.89	1.87	1.61