ZUE S.A. 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	29.25	27.79	52.68	223.56	63.25	108.74
Cash & Short-Term Investments	29.25	27.79	52.68	223.56	63.25	108.74
Cash Growth	-44.48%	-47.24%	-76.44%	253.44%	-41.83%	362.96%
Accounts Receivable	83.72	136.26	173.96	172.39	170.64	137.06
Inventory	42.45	41.24	27.8	70.36	81.67	37.82
Other Current Assets	248.9	214.42	263.04	275.68	159.71	114.96
Total Current Assets	404.32	419.71	517.48	741.98	475.26	402
Net Property, Plant & Equipment	139.02	138.55	149.37	126.37	121.46	112.37
Other Intangible Assets	1.12	1.29	1.89	2.47	2.49	2.72
Goodwill	31.44	31.44	31.17	31.17	31.17	31.17
Long-Term Investments	0.52	0.52	0.89	0.42	0.39	0.04
Other Long-Term Assets	27.89	29.5	30.89	28.83	40.99	29.21
Total Assets	606.78	623.48	731.7	935.36	674.69	577.51
Accounts Payable	61.84	117.63	112.17	208.56	150.68	134.92
Accrued Expenses	150.69	131.68	161.76	251.81	141.42	112.32
Short-Term Debt	5.68	6.88	25.52	10.55	19.64	7.96
Current Portion of Leases	9.02	9.06	8.92	6.74	5.07	6.29
Unearned Revenue	65.23	35.74	116.68	124.59	100.22	56.28
Other Current Liabilities	10.16	11.79	6.43	19.92	17.53	18.55
Total Current Liabilities	302.61	312.77	431.47	622.17	434.56	353.7
Long-Term Debt	-	-	0	47.02	8.7	-
Long-Term Leases	37.78	38.6	44.46	25	15.21	14.25
Other Long-Term Liabilities	53.19	54.54	49.42	41.11	35.46	18.72
Total Long-Term Liabilities	90.97	93.14	93.88	113.12	59.37	57.03
Total Liabilities	393.58	405.91	525.34	735.29	493.93	411.1
Common Stock	5.76	5.76	5.76	5.76	5.76	5.76
Treasury Stock	-2.69	-2.69	-2.69	-2.69	-2.69	-2.69
Additional Paid-in Capital	93.84	93.84	93.84	93.84	93.84	93.84
Accumulated Other Comprehensive Income	0.05	0	-	-	-	-
Retained Earnings	114.8	119.03	107.97	101.76	82.48	69.29
Total Common Shareholders' Equity	211.76	215.94	204.88	198.66	179.38	166.19
Minority Interest	1.44	1.63	1.48	1.41	1.39	0.21
Shareholders' Equity	213.2	217.57	206.35	200.08	180.77	166.4
Total Liabilities & Equity	606.78	623.48	731.7	935.36	674.69	577.51
Total Debt	52.48	54.54	78.9	89.31	48.62	28.5
Net Cash (Debt)	-23.23	-26.75	-26.22	134.25	14.63	80.24
Net Cash Growth	-	-	-	817.38%	-81.76%	-
Net Cash Per Share	-0.51	-1.16	-1.14	5.83	0.32	1.75
Book Value	211.76	215.94	204.88	198.66	179.38	166.19
Book Value Per Share	4.62	9.38	8.90	8.63	3.92	3.63
Tangible Book Value	179.2	183.21	171.81	165.03	145.72	132.3
Tangible Book Value Per Share	3.91	7.96	7.46	7.17	3.18	2.89