ZUE S.A. (WSE:ZUE)

ZUE S.A. Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10.78	52.68	223.56	63.25	108.74	23.49
Cash & Short-Term Investments	10.78	52.68	223.56	63.25	108.74	23.49
Cash Growth	-68.47%	-76.44%	253.44%	-41.83%	362.96%	-22.68%
Accounts Receivable	348.22	393.71	382.41	294.67	233.65	291.86
Other Receivables	11.3	7.55	5.44	4.29	5.42	4.94
Receivables	360.1	401.85	387.85	300.14	239.08	296.81
Inventory	74.99	27.8	70.36	81.67	37.82	25.31
Other Current Assets	26.58	35.15	30.66	30.2	16.36	10.83
Total Current Assets	472.45	517.48	712.43	475.26	402	356.43
Property, Plant & Equipment	126.67	134.03	110.39	105.3	106.16	105.5
Long-Term Investments	0.78	0.78	0.33	0.33	-	-
Goodwill	31.44	31.17	31.17	31.17	31.17	31.17
Other Intangible Assets	1.55	1.89	2.47	2.49	2.72	2.07
Long-Term Deferred Tax Assets	20.06	20.23	21.7	19.11	21.78	14.56
Other Long-Term Assets	26.72	23.41	23.21	38.1	13.68	15.24
Total Assets	682.37	731.7	905.81	674.69	577.51	524.97
Accounts Payable	96.29	98.62	193.13	135.9	117.21	131.38
Accrued Expenses	52.92	58.48	70.92	68.98	61.15	38.24
Current Portion of Long-Term Debt	23.85	25.52	10.55	19.64	7.96	13.11
Current Portion of Leases	8.39	8.92	6.74	5.07	6.29	9.13
Current Income Taxes Payable	0.68	-	4.29	0.13	1.1	0.01
Current Unearned Revenue	44.12	83.72	91.48	78.99	56.28	32.5
Other Current Liabilities	151.65	156.21	215.51	125.85	104.09	94.05
Total Current Liabilities	377.9	431.47	592.62	434.56	354.07	318.41
Long-Term Debt	-	-	47.02	8.7	-	4.44
Long-Term Leases	40.37	44.46	25	15.21	14.25	12.02
Long-Term Deferred Tax Liabilities	0.44	0.58	0.67	1.32	0.28	0.13
Other Long-Term Liabilities	49.79	46.96	38.38	32.34	40.64	33.91
Total Liabilities	470.52	525.34	705.74	493.93	411.1	370.32
Common Stock	5.76	5.76	5.76	5.76	5.76	5.76
Additional Paid-In Capital	93.84	93.84	93.84	93.84	93.84	93.84
Retained Earnings	113.56	107.97	101.76	82.48	69.29	57.59
Treasury Stock	-2.69	-2.69	-2.69	-2.69	-2.69	-2.69
Total Common Equity	210.46	204.88	198.66	179.38	166.19	154.49
Minority Interest	1.4	1.48	1.41	1.39	0.21	0.16
Shareholders' Equity	211.86	206.35	200.08	180.77	166.4	154.65
Total Liabilities & Equity	682.37	731.7	905.81	674.69	577.51	524.97
Total Debt	72.61	78.9	89.31	48.62	28.5	38.7
Net Cash (Debt)	-61.83	-26.22	134.25	14.63	80.24	-15.21
Net Cash Growth	-	-	817.38%	-81.76%	-	-
Net Cash Per Share	-2.71	-1.15	5.90	0.64	3.52	-0.68
Filing Date Shares Outstanding	22.77	22.77	22.77	22.77	22.77	22.77
Total Common Shares Outstanding	22.77	22.77	22.77	22.77	22.77	22.77
Working Capital	94.55	86.02	119.81	40.71	47.93	38.02
Book Value Per Share	9.24	9.00	8.73	7.88	7.30	6.79
Tangible Book Value	177.48	171.81	165.03	145.72	132.3	121.25
Tangible Book Value Per Share	7.80	7.55	7.25	6.40	5.81	5.33
Buildings	-	26.86	25.38	27.17	23.24	23.24
Machinery	-	128.72	132.31	136.69	115.47	108.56
Construction In Progress	-	0.56	0.59	0.3	0.57	0.32

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