Financial statements M&G Development

Balance sheet of M&G Development

Company age:
Age:
5 y. 8 m. 7 d.
Share capital:
Share capital:
200 000 PLN

Balance sheet data of M&G DEVELOPMENT

Year
2021
2022
Total assets 599 664,39 562 649,18
A. Fixed assets 487 233,32 437 233,28
B. Current assets 112 431,07 125 415,90
C. Share capital contributions (basic funds) 0,00 0,00
D. Own shares (stocks) 0,00 0,00
Total liabilities 599 664,39 562 649,18
A. Equity 78 081,42 62 454,13
B. Liabilities and provisions for liabilities 521 582,97 500 195,05
I. Long-term liabilities 520 700,00 0,00
II. Short-term liabilities 882,97 500 195,05
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.

  • Fixed Assets - Assets held for a longer period, typically longer than a year, such as real estate or machinery.
  • Current Assets - Assets intended to be used or sold within a year, such as inventory, receivables, and cash.
  • Equity - The net value of a company's assets, representing the difference between its assets and liabilities.
  • Long-Term Liabilities - Financial obligations to be repaid over a period longer than a year, such as loans or bonds.
  • Short-Term Liabilities - Financial obligations to be repaid within a year, such as payables to suppliers or short-term loans.
  • Reserve Capital - A portion of equity set aside for specific purposes, such as covering losses or business development.