KESPION 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	5,876	11,326	15,780	8,384	10,667
Short-Term Investments	3,136	2,959	7,753	2,551	2,398
Cash & Short-Term Investments	9,013	14,285	23,533	10,934	13,065
Cash Growth	-36.91%	-39.30%	115.22%	-16.31%	36.28%
Accounts Receivable	3,592	2,276	2,101	4,299	4,261
Other Receivables	287.53	227.82	285.61	112.24	367.18
Receivables	4,370	2,592	2,386	4,411	4,628
Inventory	2,817	4,485	2,852	5,238	4,853
Prepaid Expenses	26.19	280.76	507.46	34.1	24.6
Other Current Assets	116.45	265.36	412.91	463.92	2,427
Total Current Assets	16,342	21,908	29,692	21,081	24,998
Property, Plant & Equipment	4,110	8,409	4,547	26,448	29,772
Long-Term Investments	334.58	323.68	166.03	162.6	159.77
Other Intangible Assets	207.68	757.59	764.31	770.21	1,100
Long-Term Deferred Tax Assets	8.72	21.41	-	-	-
Other Long-Term Assets	3,270	3,463	3,132	3,194	3,141
Total Assets	24,323	35,203	38,738	51,656	59,173
Accounts Payable	3,066	3,172	1,408	3,525	2,768
Accrued Expenses	88.77	110.88	132.85	174.68	159.58
Short-Term Debt	3,092	4,826	6,604	16,033	12,891
Current Portion of Long-Term Debt	-	-	-	800.03	1,985
Current Portion of Leases	303.82	471.97	375.37	378.54	158.64
Current Income Taxes Payable	55.56	81.73	-	-	-
Other Current Liabilities	2,565	5,183	3,209	5,574	8,737
Total Current Liabilities	9,171	13,845	11,730	26,485	26,700
Long-Term Debt	-	-	-	4,074	4,874
Long-Term Leases	939.06	2,888	3,161	3,421	155.87
Pension & Post-Retirement Benefits	401.83	327.16	366.06	137.9	995.12
Long-Term Deferred Tax Liabilities	41.05	36.94	36.94	1,783	1,867
Other Long-Term Liabilities	363.91	407.32	385.9	335.96	341.26
Total Liabilities	10,917	17,505	15,680	36,236	34,934
Common Stock	19,178	19,178	19,178	17,083	15,892
Additional Paid-In Capital	21,235	21,402	21,402	18,802	16,871
Retained Earnings	-25,351	-20,777	-16,840	-25,547	-14,841
Treasury Stock	-82.61	-518.66	-	-	-
Comprehensive Income & Other	-1,574	-1,586	-680.87	5,084	6,317
Total Common Equity	13,406	17,698	23,058	15,421	24,240
Shareholders' Equity	13,406	17,698	23,058	15,421	24,240
Total Liabilities & Equity	24,323	35,203	38,738	51,656	59,173
Total Debt	4,335	8,186	10,140	24,706	20,065
Net Cash (Debt)	4,678	6,099	13,393	-13,772	-7,000
Net Cash Growth	-23.30%	-54.46%	-	-	-
Net Cash Per Share	124.64	160.69	332.31	-432.85	-220.23
Filing Date Shares Outstanding	37.12	37.67	38.36	34.17	31.78
Total Common Shares Outstanding	37.12	37.67	38.36	34.17	31.78
Working Capital	7,171	8,063	17,961	-5,404	-1,702
Book Value Per Share	361.14	469.86	601.18	451.36	762.63
Tangible Book Value	13,198	16,940	22,294	14,651	23,140
Tangible Book Value Per Share	355.55	449.74	581.25	428.82	728.04
Land	478.12	476.54	476.54	19,025	18,988
Buildings	4,059	4,043	3,859	10,145	11,246
Machinery	18,576	19,109	27,042	37,993	40,968
Construction In Progress	59.8	3,587	59.8	-	131.85

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