MAKUS 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	52,520	94,744	47,405	21,279	39,590	25,044
Short-Term Investments	-	-	210.06	-	311.4	305.86
Trading Asset Securities	11,505	11,644	14,019	11,102	12,685	19,801
Cash & Short-Term Investments	64,026	106,389	61,633	32,382	52,586	45,150
Cash Growth	-31.20%	72.61%	90.33%	-38.42%	16.47%	147.65%
Accounts Receivable	29,314	22,538	49,465	20,564	24,973	16,557
Other Receivables	721.87	146.76	42.58	22.83	274.89	13.8
Receivables	30,036	22,685	49,638	20,767	25,858	16,851
Inventory	63,644	77,179	69,339	84,019	45,363	17,513
Prepaid Expenses	85.76	53.18	69.62	103.76	68.02	95.31
Other Current Assets	58,466	12,557	218,461	143,948	150,051	56,326
Total Current Assets	216,258	218,863	399,140	281,220	273,926	135,936
Property, Plant & Equipment	22,098	4,517	4,455	4,665	4,870	4,144
Long-Term Investments	2,920	3,065	1,750	2,500	1,788	1,722
Other Intangible Assets	12.4	11.56	98.12	105.2	98.57	7.72
Long-Term Deferred Tax Assets	1,568	1,827	438.97	1,184	1,696	300.35
Other Long-Term Assets	6,708	6,763	3,332	3,839	4,180	2,861
Total Assets	249,565	235,046	409,215	293,692	286,559	144,971
Accounts Payable	82,708	76,305	257,782	143,911	179,006	53,644
Accrued Expenses	1,340	799.84	1,317	766.48	1,709	1,308
Short-Term Debt	14,000	19,000	23,250	25,000	-	-
Current Portion of Long-Term Debt	-	-	4,000	13,000	-	-
Current Portion of Leases	122.11	167.52	184.58	169.51	164.67	54.45
Current Income Taxes Payable	4,966	5,678	2,017	976.64	5,958	3,655
Current Unearned Revenue	2.51	3.77	-	-	2.08	48.87
Other Current Liabilities	18,562	6,538	6,677	2,791	5,581	5,861
Total Current Liabilities	121,701	108,493	295,227	186,615	192,421	64,572
Long-Term Debt	10,000	-	-	4,000	-	-
Long-Term Leases	2.46	9.34	144.51	273.99	410.34	-
Long-Term Unearned Revenue	-	-	8.8	13.82	-	4.86
Pension & Post-Retirement Benefits	188.23	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	8.88	99.79	94.97	8.33	103.39
Total Liabilities	131,900	108,925	295,828	191,308	193,200	65,538
Common Stock	8,082	8,082	8,082	8,082	8,082	8,082
Additional Paid-In Capital	7,879	7,879	8,111	8,111	8,111	8,111
Retained Earnings	139,744	142,990	133,611	115,443	97,159	76,126
Treasury Stock	-36,619	-31,420	-34,607	-27,767	-18,250	-12,284
Comprehensive Income & Other	-1,876	-1,876	-1,985	-1,461	-1,612	-367.55
Total Common Equity	117,209	125,653	113,212	102,408	93,490	79,667
Minority Interest	455.42	468.2	173.83	-23.7	-131.3	-234.55
Shareholders' Equity	117,665	126,121	113,386	102,384	93,359	79,433
Total Liabilities & Equity	249,565	235,046	409,215	293,692	286,559	144,971
Total Debt	24,125	19,177	27,579	42,444	575.01	54.45
Net Cash (Debt)	39,901	87,212	34,054	-10,062	52,011	45,096
Net Cash Growth	-37.93%	156.10%	-	-	15.33%	172.56%
Net Cash Per Share	4590.48	9850.79	3369.47	-933.59	4357.29	3749.22
Filing Date Shares Outstanding	8.62	8.69	9.53	10.29	11.25	12.03
Total Common Shares Outstanding	8.62	8.69	9.53	10.29	11.25	12.03
Working Capital	94,557	110,370	103,913	94,605	81,505	71,364
Book Value Per Share	13592.11	14459.19	11882.58	9952.01	8312.18	6623.45
Tangible Book Value	117,197	125,642	113,114	102,303	93,391	79,660
Tangible Book Value Per Share	13590.68	14457.86	11872.28	9941.79	8303.41	6622.81
Land	18,582	28.25	3,307	3,307	3,307	3,307
Buildings	2,506	67.04	926.73	926.73	926.73	926.73
Machinery	792.98	646.58	624.51	612.77	556.47	381.54
Construction In Progress	-	4,109	-	-	-	-