Mentzen Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	-	2.16	1.07
Cash & Short-Term Investments	3.9	2.16	1.07
Cash Growth	264.76%	102.03%	-
Other Receivables	2.24	1.8	1.39
Receivables	2.24	1.8	1.39
Inventory	-	-	0.02
Total Current Assets	6.14	3.96	2.47
Property, Plant & Equipment	0.28	0.44	2.38
Long-Term Investments	0.65	0.76	0.95
Goodwill	0.04	0.04	-
Other Intangible Assets	8.1	8.27	8.49
Long-Term Deferred Tax Assets	0.05	0.05	0.03
Other Long-Term Assets	0.01	0.01	0.15
Total Assets	15.27	13.54	14.47
Accounts Payable	1.16	0.69	0.6
Accrued Expenses	8.63	0.11	-
Current Portion of Long-Term Debt	0.05	0.09	-
Current Income Taxes Payable	0.15	0.26	0.35
Other Current Liabilities	0.08	0.03	0.02
Total Current Liabilities	10.07	1.19	0.97
Long-Term Debt	0.73	0.71	2.73
Pension & Post-Retirement Benefits	0	0	-
Long-Term Deferred Tax Liabilities	0.01	0.01	0.01
Total Liabilities	10.81	1.91	3.71
Common Stock	0.1	0.1	0.05
Additional Paid-In Capital	0.06	8.2	10
Retained Earnings	2.09	1.3	0.55
Comprehensive Income & Other	-	-	0.15
Total Common Equity	2.25	9.59	10.75
Minority Interest	2.21	2.04	-
Shareholders' Equity	4.45	11.64	10.75
Total Liabilities & Equity	15.27	13.54	14.47
Total Debt	0.79	0.8	2.73
Net Cash (Debt)	3.11	1.36	-1.66
Working Capital	-3.94	2.77	1.5
Tangible Book Value	-5.89	1.28	2.26

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