Zabka Group 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
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
Cash & Equivalents	1,284	749.58	649.14	280.7	483.2
Short-Term Investments	-	-	-	47.04	5.25
Cash & Short-Term Investments	1,284	749.58	649.14	327.74	488.45
Cash Growth	-18.27%	15.47%	98.06%	-32.90%	-
Accounts Receivable	2,512	2,300	2,093	1,669	1,272
Other Receivables	-	171.51	176.04	86.82	108.53
Receivables	2,512	2,478	2,275	1,760	1,385
Inventory	945	1,092	774.69	595.94	424.57
Prepaid Expenses	-	20.35	25.06	22.93	16.95
Other Current Assets	192	40.98	34.7	59.3	13.49
Total Current Assets	4,933	4,381	3,758	2,766	2,328
Property, Plant & Equipment	9,020	8,467	7,120	6,169	5,186
Long-Term Investments	-	27.28	18.83	18.83	14.75
Goodwill	3,438	3,439	3,387	3,387	3,387
Other Intangible Assets	-	1,148	1,010	873.35	736.69
Long-Term Deferred Tax Assets	-	62.02	42.42	52.74	-
Other Long-Term Assets	1,312	44.7	32.49	27.89	26.66
Total Assets	18,703	17,569	15,571	13,296	11,680
Accounts Payable	6,356	5,054	4,104	4,083	3,540
Accrued Expenses	-	113.83	109.17	90.42	56.46
Short-Term Debt	-	67.61	57.52	36.24	6.43
Current Portion of Long-Term Debt	269	329.89	173.41	481.82	342.66
Current Portion of Leases	826	764.22	644.11	568.25	496.21
Current Income Taxes Payable	-	50.97	4.39	207.2	112.79
Current Unearned Revenue	-	27.93	18.79	12.02	7.18
Other Current Liabilities	710	1,158	1,011	617.55	384.38
Total Current Liabilities	8,161	7,566	6,123	6,097	4,946
Long-Term Debt	3,957	4,219	5,045	3,393	3,698
Long-Term Leases	4,340	4,090	3,368	3,031	2,565
Long-Term Unearned Revenue	-	0.31	0.06	0.08	0.1
Pension & Post-Retirement Benefits	-	2.83	3.1	4.36	3.69
Long-Term Deferred Tax Liabilities	-	111.11	107.53	95.26	148.12
Other Long-Term Liabilities	277	190.68	25.79	101.52	100.95
Total Liabilities	16,735	16,180	14,673	12,721	11,463
Common Stock	1,968	119.79	119.79	119.79	119.79
Additional Paid-In Capital	-	8,383	8,114	8,383	8,383
Retained Earnings	-	-6,950	-7,179	-7,801	-8,183
Comprehensive Income & Other	-	-164.06	-157.27	-126.4	-102.64
Shareholders' Equity	1,968	1,389	898.13	575.27	216.71
Total Liabilities & Equity	18,703	17,569	15,571	13,296	11,680
Total Debt	9,392	9,471	9,288	7,510	7,109
Net Cash (Debt)	-8,108	-8,721	-8,639	-7,182	-6,620
Net Cash Per Share	-	-8.72	-8.64	-116.71	-107.58
Filing Date Shares Outstanding	-	1,000	61.54	59.9	59.47
Total Common Shares Outstanding	-	1,000	61.54	59.9	59.47
Working Capital	-3,228	-3,185	-2,364	-3,330	-2,618
Book Value Per Share	-	1.39	14.59	9.60	3.64
Tangible Book Value	-1,470	-3,198	-3,499	-3,685	-3,907
Tangible Book Value Per Share	-	-3.20	-56.86	-61.53	-65.71
Land	-	69.92	51.97	3.09	33.61
Buildings	-	1,287	1,049	895.25	703.14
Machinery	-	4,205	3,437	2,577	2,063
Construction In Progress	-	551.34	569.12	665.23	464.73

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