VM Inc. 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	148,161	130,519	91,961	68,174	48,143	86,333
Short-Term Investments	-	-	-	-	26,908	-
Trading Asset Securities	-	-	1,787	2,255	1,666	5,096
Cash & Short-Term Investments	148,161	130,519	93,748	70,429	76,718	91,429
Cash Growth	72.53%	39.22%	33.11%	-8.20%	-16.09%	51.75%
Accounts Receivable	41,270	21,848	8,573	1,086	5,948	2,814
Other Receivables	1,256	841.18	467.84	663.98	457.6	99.34
Receivables	42,525	22,689	9,041	1,750	6,406	2,913
Inventory	69,692	68,906	46,795	67,847	61,531	39,276
Prepaid Expenses	254.1	1,080	111.92	186.98	441.15	65.74
Other Current Assets	883.72	649.85	768.89	537.62	88.62	70.23
Total Current Assets	261,516	223,844	150,464	140,751	145,184	133,755
Property, Plant & Equipment	18,519	18,997	12,166	7,682	8,469	9,262
Long-Term Investments	924.32	924.32	934.89	941.14	994.96	1,000
Other Intangible Assets	933.42	964.83	367.34	429.39	539.68	375.92
Long-Term Deferred Tax Assets	3,531	3,531	1,252	611.34	791.55	599.29
Other Long-Term Assets	767.78	467	518.95	511.1	654.82	640.37
Total Assets	286,192	248,728	165,704	150,926	156,634	145,632
Accounts Payable	34,040	31,573	9,255	2,841	9,293	14,897
Accrued Expenses	327.02	270.22	300.95	282.93	2,077	260.21
Short-Term Debt	-	-	-	-	6,874	-
Current Portion of Leases	160.37	246.72	472.3	588.83	523.44	592.52
Current Income Taxes Payable	10,126	2,750	43.54	-	2,374	11,048
Other Current Liabilities	15,119	14,779	11,987	7,836	1,297	1,500
Total Current Liabilities	59,773	49,619	22,059	11,549	22,438	28,298
Long-Term Leases	130.68	160.47	106.19	527.39	911.27	1,281
Pension & Post-Retirement Benefits	2,926	2,828	1,749	1,112	440.42	1,918
Other Long-Term Liabilities	375.71	330.35	212.87	112.28	85.32	32.81
Total Liabilities	63,206	52,938	24,127	13,301	23,875	31,529
Common Stock	2,441	2,441	2,408	2,398	2,398	2,370
Additional Paid-In Capital	29,785	47,216	42,357	41,206	38,865	35,456
Retained Earnings	141,037	115,455	89,438	93,011	100,014	93,677
Treasury Stock	-	-	-22,030	-22,838	-28,592	-19,232
Comprehensive Income & Other	30,777	12,086	12,128	8,397	5,226	1,833
Total Common Equity	204,041	177,198	124,301	122,174	117,912	114,103
Shareholders' Equity	222,986	195,790	141,576	137,625	132,759	114,103
Total Liabilities & Equity	286,192	248,728	165,704	150,926	156,634	145,632
Total Debt	291.05	407.19	578.49	1,116	8,309	1,873
Net Cash (Debt)	147,870	130,112	93,169	69,313	68,409	89,556
Net Cash Growth	73.19%	39.65%	34.42%	1.32%	-23.61%	49.55%
Net Cash Per Share	6120.02	5650.89	4239.75	3210.24	3154.68	4110.35
Filing Date Shares Outstanding	24.41	24.41	22.03	21.86	21.33	21.54
Total Common Shares Outstanding	24.41	24.41	22.03	21.86	21.33	21.54
Working Capital	201,744	174,225	128,406	129,202	122,746	105,456
Book Value Per Share	8358.88	7258.73	5642.29	5588.90	5529.01	5297.14
Tangible Book Value	203,107	176,233	123,933	121,745	117,372	113,727
Tangible Book Value Per Share	8320.64	7219.21	5625.61	5569.26	5503.71	5279.69
Land	2,708	2,696	2,701	2,482	2,617	2,608
Buildings	1,990	1,945	1,965	1,114	2,366	2,286
Machinery	9,124	9,283	5,426	4,935	4,432	4,292
Construction In Progress	9,144	9,144	5,080	1,016	-	-