Seoul Auction 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	9,359	7,752	10,143	6,699	11,457
Short-Term Investments	2,500	-	158.7	154.39	153.09
Cash & Short-Term Investments	11,859	7,752	10,302	6,854	11,610
Cash Growth	52.99%	-24.76%	50.31%	-40.97%	62.33%
Accounts Receivable	880.24	207.28	733.45	1,337	3,353
Other Receivables	11,267	3,943	5,401	13,375	13,705
Receivables	25,718	20,632	29,005	31,198	24,354
Inventory	67,453	70,992	71,436	83,572	67,299
Prepaid Expenses	100.93	219.24	34.15	32.14	123.07
Other Current Assets	1,608	1,566	3,056	2,974	11,677
Total Current Assets	106,740	101,161	113,833	124,630	115,063
Property, Plant & Equipment	60,406	100,728	67,755	52,149	49,282
Long-Term Investments	5,481	6,422	7,496	9,851	3,284
Other Intangible Assets	719.04	711.3	798.88	1,313	919.44
Long-Term Deferred Tax Assets	594.39	-	-	-	555.94
Other Long-Term Assets	47,532	3,519	6,386	6,398	4,375
Total Assets	221,472	212,542	196,269	194,341	173,479
Accounts Payable	-	18.83	4.33	5.15	71.49
Accrued Expenses	1,323	1,417	1,095	1,362	1,159
Short-Term Debt	28,827	19,100	18,940	33,940	22,012
Current Portion of Long-Term Debt	43,731	20,331	1,031	1,031	30,528
Current Portion of Leases	191.32	213	436.46	521.85	113.31
Current Income Taxes Payable	-	91.34	-	-	3,179
Current Unearned Revenue	313.91	210.78	507.95	227.23	211.35
Other Current Liabilities	17,960	4,891	8,391	8,944	24,663
Total Current Liabilities	92,346	46,273	30,405	46,032	81,937
Long-Term Debt	27,502	55,108	45,012	21,590	4,022
Long-Term Leases	20.68	147.88	593.42	1,343	181.49
Long-Term Deferred Tax Liabilities	-	457.45	1,318	928.78	-
Other Long-Term Liabilities	3,350	2,879	2,177	281.3	150
Total Liabilities	123,219	104,865	79,506	70,175	86,290
Common Stock	8,887	8,887	8,887	8,887	8,459
Additional Paid-In Capital	74,594	74,594	74,594	69,976	42,404
Retained Earnings	14,641	23,050	32,646	42,784	39,841
Treasury Stock	-4,658	-4,658	-4,658	-4,658	-4,658
Comprehensive Income & Other	4,789	5,803	5,294	7,178	1,142
Total Common Equity	98,253	107,677	116,763	124,166	87,189
Shareholders' Equity	98,253	107,677	116,763	124,166	87,189
Total Liabilities & Equity	221,472	212,542	196,269	194,341	173,479
Total Debt	100,272	94,900	66,013	58,426	56,857
Net Cash (Debt)	-88,413	-87,148	-55,711	-51,572	-45,247
Net Cash Per Share	-5250.10	-5172.38	-3308.85	-3065.60	-2860.96
Filing Date Shares Outstanding	16.85	16.84	16.84	16.84	15.98
Total Common Shares Outstanding	16.85	16.84	16.84	16.84	15.98
Working Capital	14,394	54,888	83,428	78,598	33,126
Book Value Per Share	5831.19	6395.26	6934.91	7374.61	5456.03
Tangible Book Value	97,534	106,966	115,964	122,853	86,269
Tangible Book Value Per Share	5788.52	6353.01	6887.46	7296.59	5398.50
Land	28,634	64,588	27,774	24,727	24,384
Buildings	35,328	36,233	24,342	24,470	25,693
Machinery	1,267	1,221	1,152	1,072	923.97
Construction In Progress	-	2,075	16,718	2,205	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.