Zaklady Azotowe Pulawy 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	567.76	465.97	392.69	575.76	980.04	997.39
Short-Term Investments	-	-	-	2.01	2	2
Cash & Short-Term Investments	567.76	465.97	392.69	577.77	982.04	999.39
Cash Growth	44.13%	18.66%	-32.03%	-41.17%	-1.74%	83.20%
Accounts Receivable	959.57	-335.97	-113.2	181.79	493.56	604.24
Other Receivables	0.74	634.69	394.86	162.46	112.1	268.11
Receivables	960.31	298.72	281.65	344.26	605.66	872.35
Inventory	395.94	417.01	539.66	679.15	830.51	532.9
Prepaid Expenses	-	4.61	4.69	4.5	2.99	3.31
Other Current Assets	475.52	465.61	918.78	1,035	981.78	706.43
Total Current Assets	2,400	1,652	2,137	2,640	3,403	3,114
Property, Plant & Equipment	3,981	4,032	4,134	3,915	3,692	4,038
Long-Term Investments	34.93	34.81	32.91	31.48	29.91	29.56
Goodwill	0.93	0.93	0.93	0.93	0.93	0.93
Other Intangible Assets	71.76	68.94	61.19	54.91	54.9	63.37
Long-Term Accounts Receivable	26.46	13.1	-	-	-	-
Long-Term Deferred Tax Assets	214.06	219.86	166.04	234.43	185.47	49.35
Long-Term Deferred Charges	-	1.49	1.6	1.71	1.89	1.64
Other Long-Term Assets	26.38	27.85	29.92	29.96	39.71	32.59
Total Assets	6,755	6,051	6,564	6,909	7,408	7,330
Accounts Payable	1,996	931.16	944.61	899.38	1,160	2,300
Accrued Expenses	9.45	783.83	838.54	1,181	1,183	40.81
Short-Term Debt	-	69.05	57.4	74.96	77.47	72.06
Current Portion of Long-Term Debt	95.38	16.49	18.44	12.01	20.9	0
Current Portion of Leases	25.86	28.94	27.61	30.77	59.29	57.47
Current Income Taxes Payable	0.03	0.34	0.04	-	71.63	1.29
Current Unearned Revenue	375.83	26.68	29.3	20.69	37.37	52.11
Other Current Liabilities	1,077	1,038	1,220	866.57	330.99	525.63
Total Current Liabilities	3,579	2,894	3,136	3,086	2,941	3,050
Long-Term Debt	39.48	42.14	52.68	56.9	49.88	34.08
Long-Term Leases	231.44	235.08	135.33	135.88	150.68	156.49
Long-Term Unearned Revenue	69.14	70.43	75.58	80.73	87.65	93.75
Pension & Post-Retirement Benefits	148.66	148.55	150.8	178.24	177.43	160.97
Long-Term Deferred Tax Liabilities	9.25	9.14	10.14	10.34	8.31	10.76
Other Long-Term Liabilities	30.03	31.15	23.94	23.22	31	26.4
Total Liabilities	4,107	3,431	3,584	3,571	3,446	3,532
Common Stock	191.15	191.15	191.15	191.15	191.15	191.15
Additional Paid-In Capital	237.65	237.65	237.65	237.65	237.65	237.65
Retained Earnings	2,218	2,191	2,550	2,909	3,533	3,370
Total Common Equity	2,647	2,619	2,979	3,338	3,962	3,799
Minority Interest	1.28	1.14	0.45	0.11	0.43	-0.57
Shareholders' Equity	2,648	2,621	2,979	3,338	3,962	3,798
Total Liabilities & Equity	6,755	6,051	6,564	6,909	7,408	7,330
Total Debt	392.17	391.7	291.44	310.52	358.21	320.1
Net Cash (Debt)	175.59	74.27	101.25	267.24	623.83	679.29
Net Cash Growth	138.81%	-26.64%	-62.11%	-57.16%	-8.16%	146.96%
Net Cash Per Share	9.19	3.89	5.30	13.98	32.64	35.54
Filing Date Shares Outstanding	19.12	19.12	19.12	19.12	19.12	19.12
Total Common Shares Outstanding	19.12	19.12	19.12	19.12	19.12	19.12
Working Capital	-1,179	-1,242	-998.52	-445.32	462.08	64.71
Book Value Per Share	138.46	137.03	155.84	174.63	207.26	198.73
Tangible Book Value	2,574	2,550	2,917	3,282	3,906	3,734
Tangible Book Value Per Share	134.66	133.38	152.59	171.71	204.34	195.36
Land	-	2.28	2.33	2.33	2.32	2.32
Buildings	-	1,940	1,922	1,711	1,660	1,564
Machinery	-	3,219	3,156	2,761	2,493	2,329
Construction In Progress	-	1,087	1,178	1,388	1,299	1,708