Arlen 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	177.38	116.54	71.15	52.6
Short-Term Investments	1.6	2.07	1.51	0.92
Cash & Short-Term Investments	178.97	118.61	72.67	53.52
Cash Growth	50.89%	63.23%	35.77%	-
Accounts Receivable	8.28	11.8	12.01	13.16
Other Receivables	0.81	0.59	0.25	0.22
Receivables	9.09	12.39	12.26	13.38
Inventory	39.29	55.56	52.97	36.29
Other Current Assets	2.83	0.57	1.16	1.18
Total Current Assets	230.19	187.13	139.05	104.37
Property, Plant & Equipment	132.94	119.44	116.45	107.68
Goodwill	-	0.98	0.94	0.94
Other Intangible Assets	1.06	0.04	0.14	0.26
Long-Term Deferred Tax Assets	4.04	3.45	4.25	4.08
Other Long-Term Assets	1.89	1.71	1.44	1.3
Total Assets	370.1	312.75	262.26	218.62
Accounts Payable	14.46	11.06	21.73	16.13
Accrued Expenses	6.61	6.34	5.42	4.79
Short-Term Debt	0.88	-	-	-
Current Portion of Long-Term Debt	-	1.76	1.86	2.01
Current Portion of Leases	3.06	3.16	2.79	1.8
Current Income Taxes Payable	0.08	0.02	0.1	0.77
Current Unearned Revenue	-	0.01	0.07	0.06
Other Current Liabilities	22.67	14.45	8.54	11.05
Total Current Liabilities	47.75	36.8	40.51	36.61
Long-Term Debt	0.84	1.71	3.58	2.86
Long-Term Leases	9.48	10.43	12.27	11.59
Long-Term Unearned Revenue	-	0.1	-	-
Pension & Post-Retirement Benefits	2.06	1.53	1.31	1.08
Long-Term Deferred Tax Liabilities	16.68	15.2	13.64	13.53
Other Long-Term Liabilities	0.08	-	-	-
Total Liabilities	76.89	65.77	71.31	65.67
Common Stock	2.21	2.21	2.11	2.11
Additional Paid-In Capital	1.08	1.08	1.08	1.08
Retained Earnings	79.91	89.05	71.89	65.21
Comprehensive Income & Other	186.58	133.75	99.39	70.98
Total Common Equity	269.78	226.09	174.47	139.37
Minority Interest	23.43	20.9	16.49	13.58
Shareholders' Equity	293.21	246.98	190.96	152.95
Total Liabilities & Equity	370.1	312.75	262.26	218.62
Total Debt	14.25	17.06	20.5	18.26
Net Cash (Debt)	164.72	101.55	52.17	35.26
Net Cash Growth	62.20%	94.65%	47.96%	-
Net Cash Per Share	7.44	4.59	2.47	1.67
Filing Date Shares Outstanding	22.13	22.13	21.12	21.12
Total Common Shares Outstanding	22.13	22.13	21.12	21.12
Working Capital	182.44	150.33	98.54	67.76
Book Value Per Share	12.19	10.21	8.26	6.60
Tangible Book Value	268.72	225.07	173.39	138.18
Tangible Book Value Per Share	12.14	10.17	8.21	6.54
Buildings	-	61.15	60.45	60.34
Machinery	-	40.98	29.69	26.33
Construction In Progress	-	13.37	17.53	11.75

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