Vessel Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,356	282.18	9,884	3,137	7,421	5,904
Short-Term Investments	1,500	902.58	972.98	3,374	3,365	767.66
Cash & Short-Term Investments	12,761	1,185	10,857	6,511	10,786	6,672
Cash Growth	511.67%	-89.09%	66.75%	-39.64%	61.66%	16.82%
Accounts Receivable	3,587	2,618	2,176	3,108	4,948	4,678
Other Receivables	-	191.43	83.16	-	-	-
Receivables	3,587	2,809	2,259	3,108	4,948	4,678
Inventory	2,377	2,412	10,141	12,181	10,434	4,806
Prepaid Expenses	-	12.43	56.39	116.52	261.25	796.77
Other Current Assets	6,048	3,873	5,112	9,839	5,583	9,699
Total Current Assets	24,773	10,292	28,425	31,755	32,012	26,653
Property, Plant & Equipment	9,700	30,616	29,141	26,872	30,065	13,721
Long-Term Investments	6,877	327.7	618.64	10,343	14,174	1,553
Other Intangible Assets	194.15	206.15	194.64	276.23	293.41	470.79
Long-Term Accounts Receivable	-	-	-	0	-0	-0
Long-Term Deferred Tax Assets	-	-	-	-	-	555.38
Long-Term Deferred Charges	1.12	4.39	8.76	13.13	34.48	1,546
Other Long-Term Assets	7,997	9,875	14,414	15,024	16,773	16,524
Total Assets	49,542	51,321	72,802	84,282	93,352	61,023
Accounts Payable	-	2,601	4,757	4,371	4,162	3,617
Accrued Expenses	-	1,650	1,673	2,768	1,987	2,487
Short-Term Debt	4,052	19,487	19,089	24,261	26,891	15,533
Current Portion of Long-Term Debt	-	-	6,290	1,000	1,950	2,500
Current Portion of Leases	-	89.84	112.54	186.6	220.22	281.05
Current Income Taxes Payable	5.37	10.39	6.95	16.26	9.53	60.54
Current Unearned Revenue	-	-	-	-	6	292.74
Other Current Liabilities	7,258	2,544	10,758	9,883	11,086	7,435
Total Current Liabilities	11,316	26,382	42,686	42,486	46,311	32,206
Long-Term Debt	-	-	52.79	6,290	3,750	5,119
Long-Term Leases	-	25.37	82.4	177.71	192.53	1,273
Pension & Post-Retirement Benefits	-	-	569.83	565	606.72	-
Long-Term Deferred Tax Liabilities	124.66	2,801	2,410	3,897	3,443	-
Other Long-Term Liabilities	351.03	574.6	288.82	513.75	375.99	3,504
Total Liabilities	11,791	29,783	46,090	53,929	54,679	42,102
Common Stock	9,827	8,937	39,944	6,197	5,815	5,596
Additional Paid-In Capital	5,489	39,326	4,229	20,300	15,296	14,709
Retained Earnings	23,612	-36,569	-26,068	-2,059	10,432	2,449
Treasury Stock	-186.97	-186.97	-897.01	-897.01	-897.01	-3,967
Comprehensive Income & Other	-990.89	10,030	9,327	7,451	6,805	-280.5
Total Common Equity	37,751	21,538	26,535	30,991	37,452	18,507
Minority Interest	-	-	177.25	-638.18	1,221	414
Shareholders' Equity	37,751	21,538	26,712	30,353	38,673	18,921
Total Liabilities & Equity	49,542	51,321	72,802	84,282	93,352	61,023
Total Debt	4,052	19,602	25,627	31,916	33,003	24,707
Net Cash (Debt)	8,709	-18,417	-14,770	-25,405	-22,217	-18,035
Net Cash Per Share	458.69	-1084.61	-1808.63	-3527.55	-3331.45	-2877.42
Filing Date Shares Outstanding	19.61	17.83	15.94	7.34	6.88	6.88
Total Common Shares Outstanding	19.61	17.83	15.94	7.34	6.88	6.88
Working Capital	13,457	-16,091	-14,261	-10,731	-14,299	-5,554
Book Value Per Share	1924.66	1207.64	1664.28	4225.06	5445.93	2691.11
Tangible Book Value	37,557	21,332	26,340	30,715	37,158	18,036
Tangible Book Value Per Share	1914.76	1196.08	1652.07	4187.40	5403.26	2622.66
Land	8,091	26,043	24,173	20,122	20,122	5,211
Buildings	904.55	8,038	8,348	8,827	8,697	7,125
Machinery	269.73	5,586	5,334	5,822	8,333	1,777
Construction In Progress	-	30	-	39.41	69.5	441.13

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.