Koryo Credit Information Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	20,479	19,892	10,546	11,550	10,099
Short-Term Investments	10,287	5,198	3,120	2,721	842.12
Trading Asset Securities	2,660	1,400	2,080	-	-
Cash & Short-Term Investments	33,427	26,489	15,746	14,271	10,941
Cash Growth	26.19%	68.23%	10.33%	30.44%	19.51%
Accounts Receivable	11,914	9,555	9,431	8,324	7,768
Other Receivables	285.44	226.31	262.36	313.42	119.72
Receivables	40,464	36,442	34,816	8,638	7,898
Prepaid Expenses	47.51	41.73	107.3	150.8	128.91
Other Current Assets	233.11	228.26	138.7	30.08	31.49
Total Current Assets	74,171	63,201	50,808	23,090	19,000
Property, Plant & Equipment	19,390	14,972	16,465	15,586	18,339
Long-Term Investments	5,329	4,288	6,776	4,343	6,127
Other Intangible Assets	2,817	2,715	2,717	2,005	2,121
Long-Term Deferred Tax Assets	413.44	912.11	1,441	1,560	589.84
Long-Term Deferred Charges	906.36	1,511	1,663	2,241	2,535
Other Long-Term Assets	7,692	7,435	7,788	38,398	32,698
Total Assets	114,248	97,365	91,177	87,235	81,430
Accrued Expenses	3,460	1,509	1,398	1,248	1,014
Short-Term Debt	-	1,513	-	-	1,620
Current Portion of Long-Term Debt	10,130	9,530	10,355	17,155	11,490
Current Portion of Leases	3,974	3,046	4,172	4,310	4,033
Current Income Taxes Payable	3,353	1,534	1,284	975.36	1,462
Other Current Liabilities	18,168	18,621	18,068	15,809	17,220
Total Current Liabilities	39,085	35,753	35,277	39,497	36,839
Long-Term Debt	-	-	1,495	-	-
Long-Term Leases	11,576	8,206	8,231	7,276	9,851
Pension & Post-Retirement Benefits	-	-	-	-	235.53
Other Long-Term Liabilities	626.56	489.42	538.44	1,171	1,393
Total Liabilities	51,287	44,449	45,542	47,943	48,319
Common Stock	7,150	7,150	7,150	7,150	7,150
Additional Paid-In Capital	5,209	2,239	2,187	2,116	2,116
Retained Earnings	50,607	43,691	36,466	30,196	24,016
Treasury Stock	-5.2	-164.61	-167.52	-170.77	-170.77
Comprehensive Income & Other	0	0	0	-0	-0
Total Common Equity	62,961	52,916	45,635	39,292	33,111
Shareholders' Equity	62,961	52,916	45,635	39,292	33,111
Total Liabilities & Equity	114,248	97,365	91,177	87,235	81,430
Total Debt	25,680	22,295	24,254	28,741	26,994
Net Cash (Debt)	7,747	4,194	-8,508	-14,470	-16,053
Net Cash Growth	84.71%	-	-	-	-
Net Cash Per Share	552.60	300.04	-611.43	-1040.12	-1154.31
Filing Date Shares Outstanding	13.97	13.93	13.92	13.91	13.91
Total Common Shares Outstanding	13.97	13.93	13.92	13.91	13.91
Working Capital	35,086	27,448	15,531	-16,407	-17,840
Book Value Per Share	4505.67	3799.88	3278.63	2824.41	2380.11
Tangible Book Value	60,144	50,201	42,918	37,288	30,990
Tangible Book Value Per Share	4304.08	3604.95	3083.40	2680.32	2227.65
Machinery	6,177	5,714	5,619	6,351	6,051
Construction In Progress	243.4	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.