ZUE S.A. (WSE: ZUE)

ZUE S.A. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	34.19	223.56	63.25	108.74	23.49	30.38
Cash & Short-Term Investments	34.19	223.56	63.25	108.74	23.49	30.38
Cash Growth	13.62%	253.44%	-41.83%	362.96%	-22.68%	-62.83%
Accounts Receivable	452.1	416.19	298.83	233.65	291.86	293.36
Other Receivables	4.48	0.19	-	5.42	4.94	4.32
Receivables	457.41	416.38	300.01	239.08	296.81	297.67
Inventory	52.35	70.36	81.67	37.82	25.31	30.35
Prepaid Expenses	-	-	-	-	-	1.12
Other Current Assets	33.35	31.69	30.33	16.36	10.83	12.78
Total Current Assets	577.3	741.98	475.26	402	356.43	372.3
Property, Plant & Equipment	137.29	110.46	105.36	106.16	105.5	113.59
Long-Term Investments	0.33	0.33	0.33	-	-	-
Goodwill	31.17	31.17	31.17	31.17	31.17	31.17
Other Intangible Assets	2.17	2.47	2.49	2.72	2.07	1.52
Long-Term Deferred Tax Assets	19.6	21.7	19.11	21.78	14.56	20.2
Other Long-Term Assets	23.6	23.13	38.04	13.68	15.24	15.85
Total Assets	794.74	935.36	674.69	577.51	524.97	554.64
Accounts Payable	94.16	208.56	150.68	117.21	131.38	148.62
Accrued Expenses	74.58	251.81	141.42	61.15	38.24	46.96
Current Portion of Long-Term Debt	47.02	10.55	19.64	7.96	13.11	15.98
Current Portion of Leases	9.08	6.74	5.07	6.29	9.13	10.02
Current Income Taxes Payable	0.02	4.29	0.13	1.1	0.01	-
Current Unearned Revenue	86.77	91.48	78.99	56.28	32.5	32.47
Other Current Liabilities	182.47	48.74	38.63	104.09	94.05	96.83
Total Current Liabilities	494.09	622.17	434.56	354.07	318.41	350.88
Long-Term Debt	2.5	47.02	8.7	-	4.44	13.33
Long-Term Leases	46.55	25	15.21	14.25	12.02	12.45
Long-Term Deferred Tax Liabilities	0.73	0.67	1.32	0.28	0.13	0.05
Other Long-Term Liabilities	46.42	38.38	32.34	40.64	33.91	25.4
Total Liabilities	592.2	735.29	493.93	411.1	370.32	404.2
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	104.24	101.76	82.48	69.29	57.59	53.39
Treasury Stock	-2.69	-2.69	-2.69	-2.69	-2.69	-2.69
Total Common Equity	201.14	198.66	179.38	166.19	154.49	150.29
Minority Interest	1.4	1.41	1.39	0.21	0.16	0.15
Shareholders' Equity	202.54	200.08	180.77	166.4	154.65	150.44
Total Liabilities & Equity	794.74	935.36	674.69	577.51	524.97	554.64
Total Debt	105.14	89.31	48.62	28.5	38.7	51.78
Net Cash (Debt)	-70.95	134.25	14.63	80.24	-15.21	-21.4
Net Cash Growth	-	817.38%	-81.76%	-	-	-
Net Cash Per Share	-3.12	5.90	0.64	3.52	-0.68	-0.91
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	83.21	119.81	40.71	47.93	38.02	21.42
Book Value Per Share	8.84	8.73	7.88	7.30	6.79	6.60
Tangible Book Value	167.81	165.03	145.72	132.3	121.25	117.6
Tangible Book Value Per Share	7.37	7.25	6.40	5.81	5.33	5.17
Buildings	-	-	-	23.24	23.24	26.31
Machinery	-	-	-	115.47	108.56	93.04
Construction In Progress	-	-	-	0.57	0.32	0.38

Source: S&P Capital IQ. Standard template. Financial Sources.