Arlen 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	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	77.37	116.54	71.15	52.6
Short-Term Investments	2.18	2.07	1.51	0.92
Cash & Short-Term Investments	79.54	118.61	72.67	53.52
Cash Growth	9.47%	63.23%	35.77%	-
Accounts Receivable	69.28	11.8	12.01	13.16
Other Receivables	0.22	0.59	0.25	0.22
Receivables	69.5	12.39	12.26	13.38
Inventory	77.42	55.56	52.97	36.29
Other Current Assets	3.91	0.57	1.16	1.18
Total Current Assets	230.38	187.13	139.05	104.37
Property, Plant & Equipment	123.32	119.44	116.45	107.68
Goodwill	-	0.98	0.94	0.94
Other Intangible Assets	1.07	0.04	0.14	0.26
Long-Term Deferred Tax Assets	3.66	3.45	4.25	4.08
Other Long-Term Assets	1.71	1.71	1.44	1.3
Total Assets	360.14	312.75	262.26	218.62
Accounts Payable	37.39	11.06	21.73	16.13
Accrued Expenses	7.4	6.34	5.42	4.79
Current Portion of Long-Term Debt	0.97	1.76	1.86	2.01
Current Portion of Leases	2.82	3.16	2.79	1.8
Current Income Taxes Payable	0.82	0.02	0.1	0.77
Current Unearned Revenue	0.01	0.01	0.07	0.06
Other Current Liabilities	8.96	14.45	8.54	11.05
Total Current Liabilities	58.38	36.8	40.51	36.61
Long-Term Debt	1	1.71	3.58	2.86
Long-Term Leases	9.04	10.43	12.27	11.59
Long-Term Unearned Revenue	-	0.1	-	-
Pension & Post-Retirement Benefits	1.53	1.53	1.31	1.08
Long-Term Deferred Tax Liabilities	16.54	15.2	13.64	13.53
Total Liabilities	86.57	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	60.06	89.05	71.89	65.21
Comprehensive Income & Other	186.3	133.75	99.39	70.98
Total Common Equity	249.65	226.09	174.47	139.37
Minority Interest	23.91	20.9	16.49	13.58
Shareholders' Equity	273.56	246.98	190.96	152.95
Total Liabilities & Equity	360.14	312.75	262.26	218.62
Total Debt	13.84	17.06	20.5	18.26
Net Cash (Debt)	65.71	101.55	52.17	35.26
Net Cash Growth	25.95%	94.65%	47.96%	-
Net Cash Per Share	2.97	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	172.01	150.33	98.54	67.76
Book Value Per Share	11.28	10.21	8.26	6.60
Tangible Book Value	248.58	225.07	173.39	138.18
Tangible Book Value Per Share	11.23	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 Global Market Intelligence. Standard template. Financial Sources.