Tokai Carbon Korea Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	36,227	33,859	31,763	44,664	53,719	39,102
Short-Term Investments	218,358	251,474	192,967	204,970	149,732	99,511
Cash & Short-Term Investments	254,585	285,333	224,730	249,634	203,451	138,613
Cash Growth	-0.68%	26.97%	-9.98%	22.70%	46.78%	42.81%
Accounts Receivable	54,868	47,616	40,604	38,009	34,664	27,661
Other Receivables	3,000	2,508	2,077	2,352	684.86	722.09
Receivables	58,339	50,550	42,937	40,606	35,553	28,549
Inventory	78,454	68,819	65,911	50,149	35,161	30,253
Prepaid Expenses	-	909.78	413.58	1,576	261.79	106.35
Other Current Assets	1,871	146.82	500.96	1,270	501.53	456.73
Total Current Assets	393,249	405,758	334,493	343,236	274,928	197,978
Property, Plant & Equipment	144,159	150,783	157,951	129,293	109,006	106,853
Long-Term Investments	4,819	-0	-0	0	0	0
Other Intangible Assets	2,229	2,399	2,175	1,842	1,866	1,750
Long-Term Deferred Tax Assets	267.39	430.59	53.72	2,685	2,645	-
Other Long-Term Assets	1,741	3,122	492.35	3,144	1,034	1,800
Total Assets	547,584	563,520	495,504	480,543	389,706	308,579
Accounts Payable	10,762	9,684	6,085	9,390	5,904	3,236
Accrued Expenses	10,254	13,653	12,847	20,183	17,153	13,774
Current Portion of Leases	582.27	313.68	255.64	233.78	278.26	144.18
Current Income Taxes Payable	6,812	14,290	11,015	20,401	16,296	12,555
Other Current Liabilities	8,823	6,634	4,975	12,047	9,137	7,104
Total Current Liabilities	37,233	44,575	35,179	62,255	48,768	36,814
Long-Term Leases	493.92	335.09	444.74	185.5	307.12	159.03
Long-Term Deferred Tax Liabilities	-	-	-	-	-	133.3
Other Long-Term Liabilities	3,026	2,355	1,610	1,229	1,118	1,008
Total Liabilities	40,754	47,265	37,233	63,669	50,194	38,114
Common Stock	5,838	5,838	5,838	5,838	5,838	5,838
Additional Paid-In Capital	6,268	6,268	6,268	6,268	6,268	6,268
Retained Earnings	540,331	504,149	446,165	404,768	327,407	258,359
Comprehensive Income & Other	-142.99	-0	-0	-0	-0	-0
Shareholders' Equity	506,830	516,255	458,271	416,874	339,512	270,464
Total Liabilities & Equity	547,584	563,520	495,504	480,543	389,706	308,579
Total Debt	1,076	648.76	700.39	419.28	585.38	303.21
Net Cash (Debt)	253,509	284,684	224,030	249,215	202,865	138,310
Net Cash Growth	-0.86%	27.07%	-10.11%	22.85%	46.67%	43.06%
Net Cash Per Share	22021.90	24384.09	19188.85	21346.04	17376.03	11846.66
Filing Date Shares Outstanding	11.21	11.68	11.68	11.68	11.68	11.68
Total Common Shares Outstanding	11.21	11.68	11.68	11.68	11.68	11.68
Working Capital	356,015	361,183	299,314	280,981	226,159	161,164
Book Value Per Share	45228.49	44218.82	39252.31	35706.52	29080.30	23166.11
Tangible Book Value	504,602	513,856	456,096	415,032	337,646	268,714
Tangible Book Value Per Share	45029.60	44013.38	39066.05	35548.77	28920.45	23016.21
Land	23,526	23,526	23,552	12,742	12,742	12,664
Buildings	43,529	59,222	59,134	45,519	41,148	40,389
Machinery	41,811	151,817	145,220	137,609	127,600	112,237
Construction In Progress	34,194	37,113	37,585	29,592	10,298	12,742

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