MAKUS 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	94,744	47,405	21,279	39,590	25,044
Short-Term Investments	-	210.06	-	311.4	305.86
Trading Asset Securities	11,644	14,019	11,102	12,685	19,801
Cash & Short-Term Investments	106,389	61,633	32,382	52,586	45,150
Cash Growth	72.61%	90.33%	-38.42%	16.47%	147.65%
Accounts Receivable	22,538	49,465	20,564	24,973	16,557
Other Receivables	146.76	42.58	22.83	274.89	13.8
Receivables	22,685	49,638	20,767	25,858	16,851
Inventory	77,179	69,339	84,019	45,363	17,513
Prepaid Expenses	53.18	69.62	103.76	68.02	95.31
Other Current Assets	12,557	218,461	143,948	150,051	56,326
Total Current Assets	218,863	399,140	281,220	273,926	135,936
Property, Plant & Equipment	4,517	4,455	4,665	4,870	4,144
Long-Term Investments	3,065	1,750	2,500	1,788	1,722
Other Intangible Assets	11.56	98.12	105.2	98.57	7.72
Long-Term Deferred Tax Assets	1,827	438.97	1,184	1,696	300.35
Other Long-Term Assets	6,763	3,332	3,839	4,180	2,861
Total Assets	235,046	409,215	293,692	286,559	144,971
Accounts Payable	76,305	257,782	143,911	179,006	53,644
Accrued Expenses	799.84	1,317	766.48	1,709	1,308
Short-Term Debt	19,000	23,250	25,000	-	-
Current Portion of Long-Term Debt	-	4,000	13,000	-	-
Current Portion of Leases	167.52	184.58	169.51	164.67	54.45
Current Income Taxes Payable	5,678	2,017	976.64	5,958	3,655
Current Unearned Revenue	3.77	-	-	2.08	48.87
Other Current Liabilities	6,538	6,677	2,791	5,581	5,861
Total Current Liabilities	108,493	295,227	186,615	192,421	64,572
Long-Term Debt	-	-	4,000	-	-
Long-Term Leases	9.34	144.51	273.99	410.34	-
Long-Term Unearned Revenue	-	8.8	13.82	-	4.86
Pension & Post-Retirement Benefits	413.88	347.79	310.5	257.92	225.81
Long-Term Deferred Tax Liabilities	-	-	-	102.27	632.13
Other Long-Term Liabilities	8.88	99.79	94.97	8.33	103.39
Total Liabilities	108,925	295,828	191,308	193,200	65,538
Common Stock	8,082	8,082	8,082	8,082	8,082
Additional Paid-In Capital	7,879	8,111	8,111	8,111	8,111
Retained Earnings	142,990	133,611	115,443	97,159	76,126
Treasury Stock	-31,420	-34,607	-27,767	-18,250	-12,284
Comprehensive Income & Other	-1,876	-1,985	-1,461	-1,612	-367.55
Total Common Equity	125,653	113,212	102,408	93,490	79,667
Minority Interest	468.2	173.83	-23.7	-131.3	-234.55
Shareholders' Equity	126,121	113,386	102,384	93,359	79,433
Total Liabilities & Equity	235,046	409,215	293,692	286,559	144,971
Total Debt	19,177	27,579	42,444	575.01	54.45
Net Cash (Debt)	87,212	34,054	-10,062	52,011	45,096
Net Cash Growth	156.10%	-	-	15.33%	172.56%
Net Cash Per Share	9851.91	3369.33	-933.59	4357.29	3749.22
Filing Date Shares Outstanding	8.69	9.53	10.29	11.25	12.03
Total Common Shares Outstanding	8.69	9.53	10.29	11.25	12.03
Working Capital	110,370	103,913	94,605	81,505	71,364
Book Value Per Share	14459.19	11882.58	9952.01	8312.18	6623.45
Tangible Book Value	125,642	113,114	102,303	93,391	79,660
Tangible Book Value Per Share	14457.86	11872.28	9941.79	8303.41	6622.81
Land	28.25	3,307	3,307	3,307	3,307
Buildings	67.04	926.73	926.73	926.73	926.73
Machinery	646.58	624.51	612.77	556.47	381.54
Construction In Progress	4,109	-	-	-	-

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