GOLFZON HOLDINGS 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	31,643	31,841	29,246	16,886	44,153	29,200
Trading Asset Securities	45,330	49,985	56,044	18,000	5,000	20,787
Cash & Short-Term Investments	76,973	81,826	85,290	34,886	49,153	49,987
Cash Growth	-18.49%	-4.06%	144.48%	-29.03%	-1.67%	-48.50%
Accounts Receivable	19,432	12,173	13,421	14,659	14,879	15,739
Other Receivables	7,257	5,618	4,852	1,614	2,123	1,860
Receivables	26,980	17,791	18,273	16,273	17,002	17,599
Inventory	131,331	97,606	83,006	85,547	74,764	53,001
Prepaid Expenses	3,310	286.69	283.15	566.82	608.02	1,228
Other Current Assets	7,542	6,968	9,561	7,181	4,521	3,786
Total Current Assets	246,135	204,478	196,415	144,453	146,048	125,601
Property, Plant & Equipment	91,752	92,932	100,401	107,828	112,615	101,534
Long-Term Investments	422,165	427,844	419,226	443,623	407,513	362,958
Other Intangible Assets	5,019	5,287	3,177	3,447	2,697	5,277
Long-Term Accounts Receivable	177.49	242.51	446.81	704.5	109.72	162.45
Long-Term Deferred Tax Assets	2,419	2,646	2,424	2,459	2,067	2,232
Other Long-Term Assets	323,956	325,033	326,939	332,810	336,216	339,968
Total Assets	1,092,495	1,059,634	1,050,263	1,036,732	1,008,824	939,418
Accounts Payable	42,124	8,857	8,399	7,982	7,976	10,161
Accrued Expenses	2,849	3,932	2,838	3,105	4,786	8,178
Short-Term Debt	81,000	78,638	72,340	52,000	46,000	42,024
Current Portion of Long-Term Debt	47,029	47,029	48,329	64,137	47,689	109,166
Current Portion of Leases	8,577	9,289	8,451	9,360	8,636	7,940
Current Income Taxes Payable	698.25	736.84	3,427	1,122	3,231	4,820
Current Unearned Revenue	6.9	7.51	41.13	2.63	24.33	1,475
Other Current Liabilities	25,250	16,921	14,732	15,280	19,901	22,442
Total Current Liabilities	207,535	165,410	158,556	152,987	138,243	206,207
Long-Term Debt	91,060	91,567	93,296	97,564	116,879	67,890
Long-Term Leases	10,003	9,079	12,271	17,604	19,714	14,901
Long-Term Unearned Revenue	13.19	15.97	13.03	83.7	6.21	21.35
Pension & Post-Retirement Benefits	-	-	-	-	-	39.33
Long-Term Deferred Tax Liabilities	39,095	40,511	36,606	51,131	45,368	44,016
Other Long-Term Liabilities	2,696	2,947	3,004	4,735	3,324	4,983
Total Liabilities	350,403	309,530	303,746	324,104	323,534	338,058
Common Stock	21,418	21,418	21,418	21,418	21,418	21,418
Additional Paid-In Capital	162,774	162,774	282,774	282,774	282,774	282,774
Retained Earnings	569,782	577,809	443,915	407,285	376,716	295,794
Treasury Stock	-21,550	-21,550	-11,553	-6,553	-1,555	-1,555
Comprehensive Income & Other	4,374	4,356	4,707	2,655	1,756	780.28
Total Common Equity	736,799	744,807	741,262	707,578	681,109	599,212
Minority Interest	5,293	5,297	5,255	5,049	4,181	2,148
Shareholders' Equity	742,092	750,104	746,517	712,628	685,290	601,360
Total Liabilities & Equity	1,092,495	1,059,634	1,050,263	1,036,732	1,008,824	939,418
Total Debt	237,669	235,602	234,686	240,664	238,917	241,922
Net Cash (Debt)	-160,696	-153,776	-149,396	-205,778	-189,764	-191,935
Net Cash Per Share	-4123.91	-3904.64	-3617.53	-4885.37	-4437.97	-4488.74
Filing Date Shares Outstanding	38.8	38.62	40.52	41.8	42.76	42.76
Total Common Shares Outstanding	38.8	38.62	40.52	41.8	42.76	42.76
Working Capital	38,600	39,068	37,859	-8,534	7,804	-80,606
Book Value Per Share	18987.95	19283.17	18294.06	16929.12	15928.95	14013.63
Tangible Book Value	731,780	739,520	738,084	704,131	678,413	593,935
Tangible Book Value Per Share	18858.61	19146.29	18215.65	16846.64	15865.89	13890.22
Land	-	31,079	31,387	31,355	31,544	31,163
Buildings	-	41,684	41,923	41,648	42,137	41,374
Machinery	-	24,841	24,586	23,925	23,417	24,444
Construction In Progress	-	93.97	2,863	1,971	2,280	368.32