HLB Panagene 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 2012	FY 2011
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Cash & Equivalents	24,453	29,747	35,914	10,252	1,439	2,189
Short-Term Investments	106.98	4,094	25,068	66,600	2,100	2,400
Cash & Short-Term Investments	24,560	33,841	60,982	76,852	3,539	4,589
Cash Growth	-57.38%	-44.51%	-20.65%	2071.37%	-22.88%	44.31%
Accounts Receivable	3,327	4,274	3,646	2,165	3,480	12,482
Other Receivables	174.81	176.91	183.58	692.22	-	140.85
Receivables	3,702	4,631	3,830	2,857	3,480	12,623
Inventory	3,273	3,182	3,980	2,906	713.79	6,543
Prepaid Expenses	-	268	135.61	107.89	-	42.46
Other Current Assets	425.07	342.75	517.45	177.36	169.59	370.72
Total Current Assets	31,960	42,264	69,445	82,900	7,903	24,168
Property, Plant & Equipment	16,129	16,099	14,276	7,338	8,413	10,051
Long-Term Investments	30,305	29,737	15,787	-	544.58	281.91
Goodwill	-	1,394	6,609	-	-	6,127
Other Intangible Assets	4,130	2,768	2,922	286.17	8,245	132.11
Long-Term Accounts Receivable	-	-	-	-	400.12	-0
Long-Term Deferred Charges	-	-	-	-	-	1,475
Other Long-Term Assets	525.13	534.13	342.28	389.78	-	187.02
Total Assets	83,190	92,936	109,611	90,914	25,505	42,423
Accounts Payable	156	647.34	170.36	431.65	1,133	5,759
Accrued Expenses	-	381.29	261.51	161.24	-	30.02
Short-Term Debt	1,438	10,673	20,551	23,018	2,014	6,090
Current Portion of Long-Term Debt	3,511	3,351	2,760	-	-	1,660
Current Portion of Leases	48.45	48.91	95.36	98.09	-	-
Other Current Liabilities	1,522	3,601	4,856	3,426	1,450	1,179
Total Current Liabilities	6,675	18,703	28,693	27,134	4,597	14,718
Long-Term Debt	1,303	1,471	3,935	-	570	10,774
Long-Term Leases	60.63	37.93	38.88	89.37	-	-
Pension & Post-Retirement Benefits	324.41	90.03	642.04	-	706.97	683.12
Other Long-Term Liabilities	204.43	199.08	173.89	117.01	10,708	309.2
Total Liabilities	8,568	20,501	33,483	27,341	16,582	26,485
Common Stock	22,735	22,735	21,254	20,502	12,423	12,423
Additional Paid-In Capital	50,175	49,606	105,570	101,278	39,423	40,596
Retained Earnings	-167.08	839.16	-61,038	-58,860	-42,923	-37,331
Comprehensive Income & Other	1,793	-830.82	10,258	652.64	-	250.71
Total Common Equity	74,536	72,350	76,043	63,573	8,923	15,938
Minority Interest	85.69	85.76	84.46	-	-	-
Shareholders' Equity	74,622	72,435	76,128	63,573	8,923	15,938
Total Liabilities & Equity	83,190	92,936	109,611	90,914	25,505	42,423
Total Debt	6,360	15,582	27,380	23,205	2,584	18,524
Net Cash (Debt)	18,200	18,259	33,602	53,647	954.89	-13,935
Net Cash Growth	-46.28%	-45.66%	-37.36%	5518.12%	-	-
Net Cash Per Share	402.31	410.56	812.43	1498.30	38.39	-560.87
Filing Date Shares Outstanding	44.79	45.47	42.51	41	25.1	24.85
Total Common Shares Outstanding	44.79	45.47	42.51	41	25.1	24.85
Working Capital	25,285	23,561	40,751	55,766	3,305	9,450
Book Value Per Share	1664.26	1591.13	1788.94	1550.39	355.55	641.47
Tangible Book Value	70,406	68,188	66,512	63,287	677.99	9,679
Tangible Book Value Per Share	1572.03	1499.60	1564.73	1543.41	27.01	389.56
Land	-	5,215	5,156	1,716	-	2,946
Buildings	-	7,942	7,683	4,491	-	6,238
Machinery	-	12,856	11,444	9,232	-	15,367
Construction In Progress	-	1,633	284.09	-	-	60