PIOLINK, Inc. (KOSDAQ: 170790)

PIOLINK Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Cash & Equivalents	13,713	11,728	13,674	16,146	10,584	15,167
Short-Term Investments	3,066	6,757	7,179	6,765	4,862	1,310
Cash & Short-Term Investments	20,323	18,485	20,853	22,911	15,446	16,477
Cash Growth	3.80%	-11.36%	-8.98%	48.33%	-6.26%	251.35%
Accounts Receivable	5,102	6,283	8,509	5,813	4,540	4,608
Other Receivables	-	146.04	167.31	864.85	1,149	1,222
Receivables	5,102	6,601	8,769	6,818	5,850	5,957
Inventory	3,846	3,176	3,282	6,093	7,191	6,697
Prepaid Expenses	-	129.45	113.32	149.54	236.66	98.83
Other Current Assets	835.55	4,411	1,941	306.68	85.02	129.5
Total Current Assets	30,106	32,803	34,958	36,279	28,809	29,360
Property, Plant & Equipment	3,609	3,980	3,014	3,271	2,994	2,367
Long-Term Investments	3,344	3,809	3,749	5,698	200	-
Other Intangible Assets	407.31	492.54	557.62	343.92	67.39	67.39
Long-Term Deferred Tax Assets	-	923.7	2,344	3,170	3,737	3,427
Long-Term Deferred Charges	1,357	1,742	2,545	3,107	2,290	1,462
Other Long-Term Assets	858.12	561.69	538.91	637.03	418.07	347.83
Total Assets	41,682	44,732	48,046	52,775	38,815	37,284
Accounts Payable	934.5	1,674	906.97	2,502	1,429	2,567
Accrued Expenses	-	1,294	1,291	1,058	954.26	990.02
Short-Term Debt	-	689.56	808.21	679.12	300	147.98
Current Portion of Long-Term Debt	-	400	-	-	700	250
Current Income Taxes Payable	-	-	-	-	26.38	-
Current Unearned Revenue	-	352.54	739.91	726.87	893.4	1,034
Other Current Liabilities	4,766	1,968	2,313	2,228	2,096	2,444
Total Current Liabilities	5,701	6,378	6,059	7,195	6,399	7,433
Long-Term Debt	-	-	400	400	-	700
Long-Term Unearned Revenue	-	436.25	219.33	280.24	351.87	332.43
Other Long-Term Liabilities	467.56	164.72	132.27	377.19	455.21	206.71
Total Liabilities	11,770	12,236	11,678	12,465	10,441	11,141
Common Stock	3,428	3,428	3,428	3,428	2,643	2,571
Additional Paid-In Capital	26,422	26,431	26,311	26,311	12,161	12,022
Retained Earnings	2,994	6,402	8,629	10,379	13,460	11,519
Treasury Stock	-2,982	-2,982	-1,739	-	-	-
Comprensive Income & Other	51.48	58.17	41.68	34.33	63.21	69.63
Total Common Equity	29,913	33,338	36,671	40,153	28,327	26,182
Minority Interest	-1.5	-842.3	-302.57	156.63	46.87	-39
Shareholders' Equity	29,912	32,496	36,368	40,310	28,374	26,143
Total Liabilities & Equity	41,682	44,732	48,046	52,775	38,815	37,284
Total Debt	-	1,090	1,208	1,079	1,000	1,098
Net Cash (Debt)	20,323	17,396	19,645	21,832	14,446	15,379
Net Cash Growth	9.79%	-11.45%	-10.02%	51.12%	-6.07%	460.32%
Net Cash Per Share	2520.05	2668.00	2894.69	3391.34	2664.89	3256.53
Filing Date Shares Outstanding	6.48	6.48	6.64	6.86	5.29	5.14
Total Common Shares Outstanding	6.48	6.48	6.64	6.86	5.29	5.14
Working Capital	24,406	26,425	28,899	29,084	22,410	21,927
Book Value Per Share	4616.54	5145.09	5524.39	5856.37	5358.56	5091.46
Tangible Book Value	27,506	32,846	36,113	39,809	28,260	26,115
Tangible Book Value Per Share	4245.02	5069.07	5440.38	5806.20	5345.81	5078.36
Land	-	968.68	507.72	507.72	507.72	338.4
Buildings	-	2,325	1,633	1,633	1,633	1,426
Machinery	-	3,845	3,845	3,499	4,594	3,640

Source: S&P Capital IQ. Standard template. Financial Sources.