Formetal 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	5,224	4,323	2,332	1,857	1,525
Short-Term Investments	420	440	-	-	-
Cash & Short-Term Investments	5,644	4,763	2,332	1,857	1,525
Cash Growth	18.48%	104.25%	25.56%	21.82%	-40.81%
Accounts Receivable	10,113	9,152	10,759	12,784	12,297
Other Receivables	19.98	32.21	42.93	15.06	37.2
Receivables	10,133	9,184	10,802	12,799	12,334
Inventory	7,882	7,850	10,793	9,249	6,096
Prepaid Expenses	110.18	99.99	214.05	114.66	47.5
Other Current Assets	0	0	14.63	2.59	-0
Total Current Assets	23,769	21,897	24,155	24,023	20,002
Property, Plant & Equipment	38,130	40,048	40,692	42,252	43,785
Long-Term Investments	212.54	192.54	632.54	632.54	632.54
Other Intangible Assets	11.81	21.41	31.01	41.09	21.36
Other Long-Term Assets	35.9	58.7	36.28	197.6	34.28
Total Assets	62,159	62,218	65,547	67,145	64,475
Accounts Payable	5,030	4,077	6,489	7,191	5,722
Accrued Expenses	448.87	457.52	518.94	481.19	432.56
Short-Term Debt	1,500	4,000	4,200	4,700	5,200
Current Portion of Long-Term Debt	44	84.25	1,180	220.5	239
Current Income Taxes Payable	30.46	42.45	20.45	13.36	45.09
Other Current Liabilities	2,017	1,999	2,291	2,688	1,432
Total Current Liabilities	9,070	10,661	14,699	15,294	13,071
Long-Term Debt	66	110	194.25	2,374	2,595
Pension & Post-Retirement Benefits	176.07	169.13	269.15	-	559.25
Long-Term Deferred Tax Liabilities	1,341	1,071	1,154	1,190	1,133
Other Long-Term Liabilities	137.33	146.47	8.69	46.53	90.8
Total Liabilities	10,791	12,158	16,326	18,904	17,449
Common Stock	6,012	6,012	6,012	6,012	6,012
Additional Paid-In Capital	7,580	7,580	7,580	7,580	7,580
Retained Earnings	37,776	36,468	35,629	34,648	33,786
Comprehensive Income & Other	0	0	0	0	-352.82
Shareholders' Equity	51,369	50,060	49,222	48,241	47,026
Total Liabilities & Equity	62,159	62,218	65,547	67,145	64,475
Total Debt	1,610	4,194	5,574	7,295	8,034
Net Cash (Debt)	4,034	569.15	-3,242	-5,437	-6,509
Net Cash Growth	608.70%	-	-	-	-
Net Cash Per Share	-	48.04	-273.66	-458.95	-549.42
Filing Date Shares Outstanding	-	11.85	11.85	11.85	11.85
Total Common Shares Outstanding	-	11.85	11.85	11.85	11.85
Working Capital	14,698	11,236	9,456	8,729	6,931
Book Value Per Share	-	4225.50	4154.70	4071.90	3969.37
Tangible Book Value	51,357	50,039	49,191	48,200	47,005
Tangible Book Value Per Share	-	4223.69	4152.08	4068.44	3967.56
Land	4,442	4,442	4,442	4,442	4,442
Buildings	17,664	17,664	17,640	17,640	17,640
Machinery	45,144	44,495	43,452	42,740	42,197
Construction In Progress	-	-	76	88	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.