Polaris Office Corp. (KOSDAQ: 041020)

Polaris Office Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	94,923	62,707	10,577	8,881	14,685	4,780
Short-Term Investments	14,718	43,022	10,105	20	40	1,020
Trading Asset Securities	61,676	47,765	-	-	-	-
Cash & Short-Term Investments	171,317	153,495	20,682	8,901	14,725	5,800
Cash Growth	15.99%	642.16%	132.35%	-39.55%	153.88%	-62.61%
Accounts Receivable	51,406	31,980	3,288	3,295	2,346	2,388
Other Receivables	-	1,843	70.94	32.83	310.65	313.42
Receivables	51,406	34,169	3,533	3,645	2,791	3,401
Inventory	66,481	26,100	-	-	-	-
Prepaid Expenses	-	1,178	408.51	279.48	275.92	250.06
Other Current Assets	9,732	4,785	2,168	3,509	7,049	7,829
Total Current Assets	298,936	219,727	26,792	16,335	24,841	17,280
Property, Plant & Equipment	105,500	70,666	5,298	919.41	794.5	768.97
Long-Term Investments	28,746	4,792	39,633	32,933	20,667	11,821
Goodwill	76,517	2,028	2,028	2,028	2,028	2,028
Other Intangible Assets	15,372	12,419	985.23	945.25	1,141	857.56
Long-Term Deferred Tax Assets	5,688	676.33	-	-	-	-
Other Long-Term Assets	7,927	7,027	799.2	236.18	534.5	1,495
Total Assets	538,685	317,633	75,681	53,483	50,112	35,219
Accounts Payable	-	16,677	-	-	-	-
Accrued Expenses	-	3,907	1,482	1,089	1,605	2,819
Short-Term Debt	22,933	13,815	1,140	7,070	9,702	-
Current Portion of Leases	1,439	636.1	490.56	207.7	226.89	148.61
Current Income Taxes Payable	3,067	2,839	-	-	-	-
Current Unearned Revenue	-	-	1.58	-	-	-
Other Current Liabilities	45,816	11,853	4,888	4,617	5,949	3,256
Total Current Liabilities	73,255	49,726	8,003	12,983	17,483	6,224
Long-Term Debt	-	-	176.33	-	-	-
Long-Term Leases	3,628	2,229	2,627	25.53	21.71	112.87
Long-Term Deferred Tax Liabilities	8,330	8,151	-	-	-	-
Other Long-Term Liabilities	2,433	411.98	461.65	0	0	-0
Total Liabilities	88,379	60,519	11,282	13,010	17,720	7,131
Common Stock	24,863	24,863	23,745	20,335	18,732	18,732
Additional Paid-In Capital	37,577	38,926	37,805	34,170	32,537	29,740
Retained Earnings	26,097	22,499	1,455	-12,026	-14,409	-14,220
Treasury Stock	-18,341	-18,341	-307.33	-307.33	-307.33	-307.33
Comprensive Income & Other	-1,179	-3,116	782.43	-1,001	-3,475	-6,019
Total Common Equity	69,016	64,830	63,480	41,171	33,076	27,924
Minority Interest	381,290	192,284	919.8	-698.15	-684.48	162.96
Shareholders' Equity	450,306	257,114	64,400	40,473	32,392	28,087
Total Liabilities & Equity	538,685	317,633	75,681	53,483	50,112	35,219
Total Debt	28,000	16,681	4,434	7,303	9,950	261.47
Net Cash (Debt)	143,317	136,814	16,249	1,598	4,775	5,539
Net Cash Growth	6.55%	742.01%	916.78%	-66.53%	-13.79%	-64.30%
Net Cash Per Share	2884.42	2758.72	337.46	41.52	127.59	148.01
Filing Date Shares Outstanding	49.68	48	47.45	40.63	37.42	37.42
Total Common Shares Outstanding	49.68	48	47.45	40.63	37.42	37.42
Working Capital	225,681	170,000	18,789	3,351	7,358	11,056
Book Value Per Share	1389.11	1350.54	1337.87	1013.35	883.89	746.21
Tangible Book Value	-22,872	50,383	60,467	38,198	29,907	25,039
Tangible Book Value Per Share	-460.35	1049.58	1274.37	940.17	799.20	669.11
Machinery	-	-	690.35	665.85	276.71	299.39

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