ZUE 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	27.79	52.68	223.56	63.25	108.74
Cash & Short-Term Investments	27.79	52.68	223.56	63.25	108.74
Cash Growth	-47.24%	-76.44%	253.44%	-41.83%	362.96%
Accounts Receivable	318.74	393.71	382.41	294.67	233.65
Other Receivables	0.36	7.55	5.44	4.29	5.42
Receivables	319.52	401.85	387.85	300.14	239.08
Inventory	41.24	27.8	70.36	81.67	37.82
Other Current Assets	31.16	35.15	30.66	30.2	16.36
Total Current Assets	419.71	517.48	712.43	475.26	402
Property, Plant & Equipment	123.98	134.03	110.39	105.3	106.16
Long-Term Investments	0.45	0.78	0.33	0.33	-
Goodwill	31.44	31.17	31.17	31.17	31.17
Other Intangible Assets	1.29	1.89	2.47	2.49	2.72
Long-Term Deferred Tax Assets	18.45	20.23	21.7	19.11	21.78
Other Long-Term Assets	25.7	23.41	23.21	38.1	13.68
Total Assets	623.48	731.7	905.81	674.69	577.51
Accounts Payable	117.63	98.62	193.13	135.9	117.21
Accrued Expenses	131.68	58.48	70.92	68.98	61.15
Short-Term Debt	6.88	-	-	-	-
Current Portion of Long-Term Debt	-	25.52	10.55	19.64	7.96
Current Portion of Leases	9.06	8.92	6.74	5.07	6.29
Current Income Taxes Payable	0.47	-	4.29	0.13	1.1
Current Unearned Revenue	1.63	83.72	91.48	78.99	56.28
Other Current Liabilities	45.43	156.21	215.51	125.85	104.09
Total Current Liabilities	312.77	431.47	592.62	434.56	354.07
Long-Term Debt	-	-	47.02	8.7	-
Long-Term Leases	38.6	44.46	25	15.21	14.25
Pension & Post-Retirement Benefits	1.98	1.88	2.06	1.8	1.86
Long-Term Deferred Tax Liabilities	0.51	0.58	0.67	1.32	0.28
Other Long-Term Liabilities	52.04	46.96	38.38	32.34	40.64
Total Liabilities	405.91	525.34	705.74	493.93	411.1
Common Stock	5.76	5.76	5.76	5.76	5.76
Additional Paid-In Capital	93.84	93.84	93.84	93.84	93.84
Retained Earnings	119.03	107.97	101.76	82.48	69.29
Treasury Stock	-2.69	-2.69	-2.69	-2.69	-2.69
Comprehensive Income & Other	0	-	-	-	-
Total Common Equity	215.94	204.88	198.66	179.38	166.19
Minority Interest	1.63	1.48	1.41	1.39	0.21
Shareholders' Equity	217.57	206.35	200.08	180.77	166.4
Total Liabilities & Equity	623.48	731.7	905.81	674.69	577.51
Total Debt	54.54	78.9	89.31	48.62	28.5
Net Cash (Debt)	-26.75	-26.22	134.25	14.63	80.24
Net Cash Growth	-	-	817.38%	-81.76%	-
Net Cash Per Share	-1.18	-1.15	5.90	0.64	3.52
Filing Date Shares Outstanding	22.77	22.77	22.77	22.77	22.77
Total Common Shares Outstanding	22.77	22.77	22.77	22.77	22.77
Working Capital	106.93	86.02	119.81	40.71	47.93
Book Value Per Share	9.49	9.00	8.73	7.88	7.30
Tangible Book Value	183.21	171.81	165.03	145.72	132.3
Tangible Book Value Per Share	8.05	7.55	7.25	6.40	5.81
Buildings	-	26.86	25.38	27.17	23.24
Machinery	-	128.72	132.31	136.69	115.47
Construction In Progress	-	0.56	0.59	0.3	0.57

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.