Zabka Group 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	FY 2021
Period Ending	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	1,079	749.58	649.14	280.7	483.2
Short-Term Investments	-	-	-	47.04	5.25
Cash & Short-Term Investments	1,079	749.58	649.14	327.74	488.45
Cash Growth	43.95%	15.47%	98.06%	-32.90%	-
Accounts Receivable	2,804	2,300	2,093	1,669	1,272
Other Receivables	249.26	171.51	176.04	86.82	108.53
Receivables	3,059	2,478	2,275	1,760	1,385
Inventory	1,150	1,092	774.69	595.94	424.57
Prepaid Expenses	13.94	9.02	25.06	22.93	16.95
Other Current Assets	56.52	52.31	34.7	59.3	13.49
Total Current Assets	5,358	4,381	3,758	2,766	2,328
Property, Plant & Equipment	9,337	8,467	7,120	6,169	5,186
Long-Term Investments	23.17	27.28	18.83	18.83	14.75
Goodwill	3,437	3,439	3,387	3,387	3,387
Other Intangible Assets	1,274	1,148	1,010	873.35	736.69
Long-Term Deferred Tax Assets	45.8	62.02	42.42	52.74	-
Other Long-Term Assets	37.69	44.7	32.49	27.89	26.66
Total Assets	19,514	17,569	15,571	13,296	11,680
Accounts Payable	5,639	5,054	4,104	4,083	3,540
Accrued Expenses	119.54	113.83	109.17	90.42	56.46
Short-Term Debt	176.63	67.61	57.52	36.24	6.43
Current Portion of Long-Term Debt	318.2	329.89	173.41	481.82	342.66
Current Portion of Leases	856.6	764.22	644.11	568.25	496.21
Current Income Taxes Payable	0.15	50.97	4.39	207.2	112.79
Current Unearned Revenue	29.87	27.93	18.79	12.02	7.18
Other Current Liabilities	1,308	1,158	1,011	617.55	384.38
Total Current Liabilities	8,448	7,566	6,123	6,097	4,946
Long-Term Debt	3,829	4,219	5,045	3,393	3,698
Long-Term Leases	4,445	4,090	3,368	3,031	2,565
Long-Term Unearned Revenue	0.23	0.31	0.06	0.08	0.1
Pension & Post-Retirement Benefits	4.2	2.83	3.1	4.36	3.69
Long-Term Deferred Tax Liabilities	51.87	111.11	107.53	95.26	148.12
Other Long-Term Liabilities	241.5	190.68	25.79	101.52	100.95
Total Liabilities	17,020	16,180	14,673	12,721	11,463
Common Stock	120.12	119.79	119.79	119.79	119.79
Additional Paid-In Capital	8,448	8,383	8,114	8,383	8,383
Retained Earnings	-5,869	-6,950	-7,179	-7,801	-8,183
Treasury Stock	-82.3	-	-	-	-
Comprehensive Income & Other	-122.73	-164.06	-157.27	-126.4	-102.64
Shareholders' Equity	2,494	1,389	898.13	575.27	216.71
Total Liabilities & Equity	19,514	17,569	15,571	13,296	11,680
Total Debt	9,626	9,471	9,288	7,510	7,109
Net Cash (Debt)	-8,547	-8,721	-8,639	-7,182	-6,620
Net Cash Per Share	-8.53	-8.72	-8.64	-116.71	-107.58
Filing Date Shares Outstanding	999.19	1,000	61.54	59.9	59.47
Total Common Shares Outstanding	999.19	1,000	61.54	59.9	59.47
Working Capital	-3,090	-3,185	-2,364	-3,330	-2,618
Book Value Per Share	2.50	1.39	14.59	9.60	3.64
Tangible Book Value	-2,217	-3,198	-3,499	-3,685	-3,907
Tangible Book Value Per Share	-2.22	-3.20	-56.86	-61.53	-65.71
Land	117.52	69.92	51.97	3.09	33.61
Buildings	1,658	1,287	1,049	895.25	703.14
Machinery	5,040	4,205	3,437	2,577	2,063
Construction In Progress	368.99	551.34	569.12	665.23	464.73

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