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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	41,810	41,816	33,859	31,763	44,664	53,719
Short-Term Investments	246,874	239,209	251,474	192,967	204,970	149,732
Cash & Short-Term Investments	288,684	281,025	285,333	224,730	249,634	203,451
Cash Growth	3.47%	-1.51%	26.97%	-9.98%	22.70%	46.78%
Accounts Receivable	65,408	45,750	47,616	40,604	38,009	34,664
Other Receivables	3,351	1,700	2,508	2,077	2,352	684.86
Receivables	69,248	47,932	50,550	42,937	40,606	35,553
Inventory	80,775	85,142	68,819	65,911	50,149	35,161
Prepaid Expenses	-	870.42	909.78	413.58	1,576	261.79
Other Current Assets	1,306	626.23	146.82	500.96	1,270	501.53
Total Current Assets	440,013	415,595	405,758	334,493	343,236	274,928
Property, Plant & Equipment	139,718	142,467	150,783	157,951	129,293	109,006
Long-Term Investments	3,991	4,448	-0	-0	0	0
Other Intangible Assets	2,313	2,191	2,399	2,175	1,842	1,866
Long-Term Deferred Tax Assets	958.04	847.42	430.59	53.72	2,685	2,645
Other Long-Term Assets	1,252	928.55	3,122	492.35	3,144	1,034
Total Assets	589,400	567,617	563,520	495,504	480,543	389,706
Accounts Payable	10,056	11,507	9,684	6,085	9,390	5,904
Accrued Expenses	8,477	15,857	13,653	12,847	20,183	17,153
Current Portion of Leases	517.1	540.41	313.68	255.64	233.78	278.26
Current Income Taxes Payable	14,324	10,466	14,290	11,015	20,401	16,296
Other Current Liabilities	24,341	6,487	6,634	4,975	12,047	9,137
Total Current Liabilities	57,715	44,858	44,575	35,179	62,255	48,768
Long-Term Leases	346.76	398.46	335.09	444.74	185.5	307.12
Other Long-Term Liabilities	3,256	3,058	2,355	1,610	1,229	1,118
Total Liabilities	61,318	48,314	47,265	37,233	63,669	50,194
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	516,716	507,590	504,149	446,165	404,768	327,407
Comprehensive Income & Other	-739.44	-392.94	-0	-0	-0	-0
Shareholders' Equity	528,082	519,303	516,255	458,271	416,874	339,512
Total Liabilities & Equity	589,400	567,617	563,520	495,504	480,543	389,706
Total Debt	863.86	938.87	648.76	700.39	419.28	585.38
Net Cash (Debt)	287,820	280,086	284,684	224,030	249,215	202,865
Net Cash Growth	3.38%	-1.62%	27.07%	-10.11%	22.85%	46.67%
Net Cash Per Share	-	24592.27	24384.09	19188.85	21346.04	17376.03
Filing Date Shares Outstanding	-	11.18	11.68	11.68	11.68	11.68
Total Common Shares Outstanding	-	11.18	11.68	11.68	11.68	11.68
Working Capital	382,298	370,737	361,183	299,314	280,981	226,159
Book Value Per Share	-	46451.69	44218.82	39252.31	35706.52	29080.30
Tangible Book Value	525,769	517,112	513,856	456,096	415,032	337,646
Tangible Book Value Per Share	-	46255.71	44013.38	39066.05	35548.77	28920.45
Land	23,526	23,526	23,526	23,552	12,742	12,742
Buildings	42,519	59,235	59,222	59,134	45,519	41,148
Machinery	50,077	158,314	151,817	145,220	137,609	127,600
Construction In Progress	22,737	33,522	37,113	37,585	29,592	10,298