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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	78,473	62,707	10,577	8,881	14,685	4,780
Short-Term Investments	9,701	43,022	10,105	20	40	1,020
Trading Asset Securities	71,163	47,765	-	-	-	-
Cash & Short-Term Investments	159,338	153,495	20,682	8,901	14,725	5,800
Cash Growth	-1.20%	642.16%	132.35%	-39.55%	153.88%	-62.61%
Accounts Receivable	55,357	31,980	3,288	3,295	2,346	2,388
Other Receivables	-	1,843	70.94	32.83	310.65	313.42
Receivables	55,357	34,169	3,533	3,645	2,791	3,401
Inventory	66,588	26,100	-	-	-	-
Prepaid Expenses	-	1,178	408.51	279.48	275.92	250.06
Other Current Assets	15,131	4,785	2,168	3,509	7,049	7,829
Total Current Assets	296,414	219,727	26,792	16,335	24,841	17,280
Property, Plant & Equipment	110,952	70,666	5,298	919.41	794.5	768.97
Long-Term Investments	28,770	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	14,906	12,419	985.23	945.25	1,141	857.56
Long-Term Deferred Tax Assets	5,896	676.33	-	-	-	-
Other Long-Term Assets	8,628	7,027	799.2	236.18	534.5	1,495
Total Assets	542,082	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	22,279	13,815	1,140	7,070	9,702	-
Current Portion of Leases	-	636.1	490.56	207.7	226.89	148.61
Current Income Taxes Payable	2,694	2,839	-	-	-	-
Current Unearned Revenue	-	-	1.58	-	-	-
Other Current Liabilities	47,269	11,853	4,888	4,617	5,949	3,256
Total Current Liabilities	72,242	49,726	8,003	12,983	17,483	6,224
Long-Term Debt	-	-	176.33	-	-	-
Long-Term Leases	-	2,229	2,627	25.53	21.71	112.87
Long-Term Deferred Tax Liabilities	8,157	8,151	-	-	-	-
Other Long-Term Liabilities	5,173	411.98	461.65	0	0	-0
Total Liabilities	86,143	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	37,512	38,926	37,805	34,170	32,537	29,740
Retained Earnings	27,605	22,499	1,455	-12,026	-14,409	-14,220
Treasury Stock	-18,341	-18,341	-307.33	-307.33	-307.33	-307.33
Comprehensive Income & Other	-1,139	-3,116	782.43	-1,001	-3,475	-6,019
Total Common Equity	70,500	64,830	63,480	41,171	33,076	27,924
Minority Interest	385,439	192,284	919.8	-698.15	-684.48	162.96
Shareholders' Equity	455,939	257,114	64,400	40,473	32,392	28,087
Total Liabilities & Equity	542,082	317,633	75,681	53,483	50,112	35,219
Total Debt	22,279	16,681	4,434	7,303	9,950	261.47
Net Cash (Debt)	137,059	136,814	16,249	1,598	4,775	5,539
Net Cash Growth	-7.33%	742.01%	916.78%	-66.53%	-13.79%	-64.30%
Net Cash Per Share	2758.57	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	224,172	170,000	18,789	3,351	7,358	11,056
Book Value Per Share	1418.97	1350.54	1337.87	1013.35	883.89	746.21
Tangible Book Value	-20,923	50,383	60,467	38,198	29,907	25,039
Tangible Book Value Per Share	-421.13	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.