SEOJEON ELECTRIC MACHINERY Co.,Ltd. Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '16 Dec 31, 2016	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Cash & Equivalents	5,110	5,110	5,734	10,632	28.2
Cash & Short-Term Investments	5,110	5,110	5,734	10,632	28.2
Cash Growth	-10.88%	-10.88%	-46.07%	37598.95%	-
Accounts Receivable	11,178	11,178	9,077	10,533	8,004
Other Receivables	69.79	69.79	129.19	24.48	20.1
Receivables	11,638	11,638	9,206	10,557	8,024
Inventory	2,884	2,884	2,598	4,716	6,521
Prepaid Expenses	63.65	63.65	78.75	57.85	92.06
Other Current Assets	1,015	1,015	202.84	1,334	788.1
Total Current Assets	20,711	20,711	17,820	27,297	15,453
Property, Plant & Equipment	19,008	19,008	17,416	11,889	11,119
Long-Term Investments	115.88	115.88	130.01	110.45	100.84
Other Intangible Assets	208.06	208.06	211.42	254.25	254.63
Long-Term Accounts Receivable	53.49	53.49	52.11	48.53	44.64
Long-Term Deferred Tax Assets	-	-	259.37	-	-
Other Long-Term Assets	638.97	638.97	642.46	738.95	142.72
Total Assets	40,735	40,735	36,531	40,338	27,116
Accounts Payable	3,947	3,947	1,974	2,205	5,255
Accrued Expenses	138.38	138.38	149.77	118.8	115.95
Short-Term Debt	-	-	-	-	670.85
Current Income Taxes Payable	208.54	208.54	-	1,034	698.61
Other Current Liabilities	4,234	4,234	3,516	3,899	4,454
Total Current Liabilities	8,529	8,529	5,640	7,257	11,194
Long-Term Deferred Tax Liabilities	211.09	211.09	-	294.95	412.84
Other Long-Term Liabilities	468.49	468.49	414.25	363.57	332.73
Total Liabilities	9,343	9,343	6,163	7,920	12,321
Common Stock	2,425	2,425	2,425	2,425	1,800
Additional Paid-In Capital	7,192	7,192	7,192	7,192	-
Retained Earnings	21,775	21,775	20,752	22,802	12,994
Shareholders' Equity	31,392	31,392	30,368	32,418	14,794
Total Liabilities & Equity	40,735	40,735	36,531	40,338	27,116
Total Debt	-	-	-	-	670.85
Net Cash (Debt)	5,110	5,110	5,734	10,632	-642.64
Net Cash Growth	-10.88%	-10.88%	-46.07%	-	-
Net Cash Per Share	526.91	526.91	586.86	1465.64	-89.22
Filing Date Shares Outstanding	9.7	9.7	9.7	9.7	7.19
Total Common Shares Outstanding	9.7	9.7	9.7	9.7	7.19
Working Capital	12,182	12,182	12,180	20,040	4,260
Book Value Per Share	3236.70	3236.70	3131.12	3342.50	2058.45
Tangible Book Value	31,184	31,184	30,157	32,164	14,540
Tangible Book Value Per Share	3215.25	3215.25	3109.32	3316.29	2023.02
Land	4,922	4,922	4,922	4,922	7,005
Buildings	9,286	9,286	9,286	460.73	3,853
Machinery	776.3	776.3	707.65	232.83	244.83
Construction In Progress	4,022	4,022	2,050	5,895	164.46

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