Nepes Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	101,408	87,850	63,987	94,958	136,167	246,527
Short-Term Investments	15,500	25,500	2,646	81,198	1,777	3,155
Trading Asset Securities	255.85	255.85	359.38	337.61	190.68	-
Cash & Short-Term Investments	117,164	113,606	66,993	176,494	138,135	249,682
Cash Growth	53.85%	69.58%	-62.04%	27.77%	-44.68%	46.06%
Accounts Receivable	54,490	49,106	47,332	52,411	60,374	50,688
Other Receivables	1,329	1,444	2,415	4,559	6,597	6,308
Receivables	55,859	50,589	49,783	57,039	67,188	57,065
Inventory	35,772	31,610	22,685	22,501	28,141	17,901
Prepaid Expenses	9,568	6,621	4,997	5,546	6,350	6,945
Other Current Assets	4,758	6,883	7,022	5,915	14,941	7,976
Total Current Assets	223,121	209,310	151,479	267,495	254,754	339,568
Property, Plant & Equipment	424,654	426,308	497,607	628,513	807,864	707,622
Long-Term Investments	3,529	4,070	11,887	12,010	12,297	16,862
Other Intangible Assets	6,671	7,110	8,823	12,482	18,657	18,521
Long-Term Accounts Receivable	-	-	0	0	0	-
Long-Term Deferred Tax Assets	44,108	45,954	34,340	34,298	30,640	11,093
Other Long-Term Assets	3,480	3,445	5,977	8,320	7,721	11,194
Total Assets	705,564	696,198	710,113	963,118	1,131,933	1,104,861
Accounts Payable	26,237	24,436	24,692	21,326	30,274	22,777
Accrued Expenses	6,530	8,194	9,770	9,242	8,432	4,908
Short-Term Debt	129,480	129,480	142,517	203,032	99,180	69,800
Current Portion of Long-Term Debt	38,493	41,025	99,049	177,270	149,459	72,544
Current Portion of Leases	1,151	1,052	811.7	1,784	7,504	5,732
Current Income Taxes Payable	3,211	3,118	3,762	1,333	6,913	5,534
Current Unearned Revenue	671.74	849.34	1,922	487.92	5,448	4,037
Other Current Liabilities	49,927	34,555	23,063	22,570	43,753	114,028
Total Current Liabilities	255,700	242,708	305,588	437,044	350,963	299,359
Long-Term Debt	162,087	167,864	164,128	209,460	368,171	517,550
Long-Term Leases	4,365	4,488	4,010	15,948	6,254	8,187
Pension & Post-Retirement Benefits	32,776	30,401	24,838	13,781	11,447	11,243
Long-Term Deferred Tax Liabilities	-	-	-	-	13.5	3.13
Other Long-Term Liabilities	3,241	5,312	4,312	3,719	2,762	1,697
Total Liabilities	458,170	450,773	502,876	679,952	739,611	838,040
Common Stock	11,630	11,630	11,630	11,630	11,630	11,630
Additional Paid-In Capital	101,331	101,331	106,209	103,141	103,141	176,262
Retained Earnings	-84,434	-83,814	-100,890	-34,903	66,522	-12,742
Treasury Stock	-	-	-	-9,028	-9,028	-
Comprehensive Income & Other	95,278	94,443	93,203	77,196	76,362	1,651
Total Common Equity	123,805	123,590	110,151	148,035	248,627	176,801
Minority Interest	123,589	121,835	97,086	135,131	143,695	90,020
Shareholders' Equity	247,394	245,425	207,236	283,166	392,322	266,821
Total Liabilities & Equity	705,564	696,198	710,113	963,118	1,131,933	1,104,861
Total Debt	335,576	343,909	410,517	607,495	630,568	673,813
Net Cash (Debt)	-218,413	-230,303	-343,525	-431,001	-492,433	-424,131
Net Cash Per Share	-9484.70	-9987.45	-15107.09	-18953.85	-21577.45	-18393.14
Filing Date Shares Outstanding	22.94	23.06	23.06	22.74	22.74	23.06
Total Common Shares Outstanding	22.94	23.06	23.06	22.74	22.74	23.06
Working Capital	-32,579	-33,399	-154,108	-169,549	-96,209	40,209
Book Value Per Share	5396.74	5359.68	4776.87	6510.05	10933.70	7667.26
Tangible Book Value	117,134	116,480	101,328	135,553	229,970	158,280
Tangible Book Value Per Share	5105.95	5051.35	4394.26	5961.12	10113.23	6864.05
Land	-	45,820	37,794	20,257	20,257	15,109
Buildings	-	165,870	162,858	167,369	114,052	97,111
Machinery	-	1,097,044	1,076,120	1,056,371	566,850	429,431
Construction In Progress	-	12,160	25,791	15,112	82,089	142,790