VRG S.A. 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	67.41	16.99	78.14	95.9	114.57
Cash & Short-Term Investments	67.41	16.99	78.14	95.9	114.57
Cash Growth	296.84%	-78.26%	-18.52%	-16.30%	134.59%
Accounts Receivable	19.77	7.53	8.27	8.62	7.23
Other Receivables	-	13.61	6.27	3.04	2.98
Receivables	19.77	21.14	14.54	11.66	10.21
Inventory	763.59	734.2	563.01	553.26	499.17
Prepaid Expenses	-	3.16	1.95	2.11	1.88
Other Current Assets	0.03	0.71	0.73	0.61	0.75
Total Current Assets	850.8	776.2	658.36	663.53	626.58
Property, Plant & Equipment	414.63	385.12	349.99	322.82	340.09
Long-Term Investments	0.01	0.01	0.03	0.03	0.03
Goodwill	302.75	302.75	302.75	302.75	302.75
Other Intangible Assets	197.48	198	198.79	199.38	197.71
Long-Term Deferred Tax Assets	17.35	18.23	18.65	22.12	26.12
Other Long-Term Assets	2.7	2.02	1.22	1.03	1.11
Total Assets	1,786	1,682	1,530	1,512	1,494
Accounts Payable	236.28	143.5	112.76	108.09	104.97
Accrued Expenses	-	46.84	38.57	37.9	46.42
Short-Term Debt	-	73.54	16.87	25.01	22.7
Current Portion of Long-Term Debt	35.03	-	19.46	13.86	14.61
Current Portion of Leases	104.52	105.32	102.55	102.23	97.57
Current Income Taxes Payable	7.74	6.56	6.13	5.77	6.98
Current Unearned Revenue	-	4.37	12.41	21.74	19.4
Other Current Liabilities	18.37	33.34	37.7	29.99	19.91
Total Current Liabilities	401.94	413.46	346.46	344.58	332.56
Long-Term Debt	-	-	-	19.46	33.66
Long-Term Leases	217.92	201.11	182.07	201.66	236.96
Pension & Post-Retirement Benefits	1.67	1.31	1.22	1.03	1.12
Other Long-Term Liabilities	2.65	2.34	2.44	2.16	0.43
Total Liabilities	624.18	618.22	532.19	568.89	604.73
Common Stock	49.12	49.12	49.12	49.12	49.12
Retained Earnings	1,096	1,001	934.15	879.31	826.21
Comprehensive Income & Other	16.62	14.14	14.33	14.33	14.33
Shareholders' Equity	1,162	1,064	997.6	942.77	889.66
Total Liabilities & Equity	1,786	1,682	1,530	1,512	1,494
Total Debt	357.47	379.97	320.96	362.22	405.49
Net Cash (Debt)	-290.06	-362.98	-242.82	-266.32	-290.92
Net Cash Per Share	-1.24	-1.55	-1.03	-1.13	-1.20
Filing Date Shares Outstanding	234.46	234.46	234.46	234.46	234.46
Total Common Shares Outstanding	234.46	234.46	234.46	234.46	234.46
Working Capital	448.85	362.74	311.91	318.95	294.02
Book Value Per Share	4.95	4.54	4.25	4.02	3.79
Tangible Book Value	661.3	563.36	496.06	440.63	389.21
Tangible Book Value Per Share	2.82	2.40	2.12	1.88	1.66
Land	-	119.46	116.85	108.55	110.15
Machinery	-	156.27	142.1	127.15	115.14
Construction In Progress	-	1.1	4.81	3.98	4.08

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