HYUNGKUK F&B 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	10,314	20,108	18,188	23,596	11,156
Short-Term Investments	4,149	3,916	3,552	89.94	13,772
Trading Asset Securities	4,414	2,455	1,907	1,212	1,158
Cash & Short-Term Investments	18,878	26,479	23,648	24,898	26,086
Cash Growth	-28.71%	11.97%	-5.02%	-4.56%	93.84%
Accounts Receivable	9,958	11,831	8,785	7,698	7,312
Other Receivables	369.48	615.37	697	107.43	387.93
Receivables	12,578	14,224	12,550	9,995	10,459
Inventory	31,470	29,956	23,418	20,150	13,122
Prepaid Expenses	196.35	181.35	171.65	76.61	67.89
Other Current Assets	3,080	2,734	1,811	3,347	1,966
Total Current Assets	66,203	73,573	61,598	58,467	51,702
Property, Plant & Equipment	114,778	106,894	122,654	117,444	47,631
Long-Term Investments	13,674	7,123	5,972	9,617	8,024
Goodwill	11,549	11,549	11,620	11,705	11,972
Other Intangible Assets	3,554	5,528	7,117	9,196	11,058
Long-Term Deferred Tax Assets	342.35	373.9	-	-	-
Other Long-Term Assets	15,673	15,993	3,414	4,041	1,370
Total Assets	225,773	221,083	212,424	210,545	131,941
Accounts Payable	4,619	8,313	3,847	4,206	1,479
Accrued Expenses	1,678	1,633	1,690	1,509	1,034
Short-Term Debt	45,950	48,150	22,500	28,000	36,711
Current Portion of Long-Term Debt	1,400	1,024	1,300	-	541.67
Current Portion of Leases	1,123	1,266	1,352	1,129	1,251
Current Income Taxes Payable	919.54	795.16	585.3	1,653	1,919
Current Unearned Revenue	13.21	15.54	11.85	6.55	4.88
Other Current Liabilities	3,706	3,575	3,593	3,281	3,146
Total Current Liabilities	59,409	64,771	34,879	39,785	46,087
Long-Term Debt	64,020	55,976	75,144	76,167	433.34
Long-Term Leases	588.16	1,368	2,513	528.54	1,131
Pension & Post-Retirement Benefits	1,262	1,118	-	-	1,758
Long-Term Deferred Tax Liabilities	-	-	883.89	1,105	979.21
Other Long-Term Liabilities	436.11	727.96	45.49	34.12	145.86
Total Liabilities	125,716	123,961	113,464	117,619	50,534
Common Stock	4,014	4,014	4,014	4,014	4,000
Additional Paid-In Capital	24,199	22,271	38,787	38,871	38,503
Retained Earnings	78,297	77,570	61,102	55,009	43,901
Treasury Stock	-9,033	-9,033	-9,033	-9,033	-9,033
Comprehensive Income & Other	-183.24	-308.32	-113.46	-41.07	-92.89
Total Common Equity	97,294	94,514	94,757	88,820	77,277
Minority Interest	2,763	2,609	4,203	4,106	4,130
Shareholders' Equity	100,057	97,122	98,960	92,926	81,408
Total Liabilities & Equity	225,773	221,083	212,424	210,545	131,941
Total Debt	113,081	107,784	102,808	105,824	40,068
Net Cash (Debt)	-94,203	-81,305	-79,161	-80,927	-13,982
Net Cash Per Share	-2434.62	-2101.28	-1774.83	-1517.25	-361.65
Filing Date Shares Outstanding	38.69	38.69	38.69	38.69	38.55
Total Common Shares Outstanding	38.69	38.69	38.69	38.69	38.55
Working Capital	6,794	8,802	26,719	18,682	5,615
Book Value Per Share	2514.49	2442.64	2448.92	2295.49	2004.43
Tangible Book Value	82,191	77,436	76,019	67,920	54,247
Tangible Book Value Per Share	2124.17	2001.28	1964.67	1755.34	1407.07
Land	76,120	75,956	82,844	74,501	5,442
Buildings	21,879	21,748	22,580	19,970	17,203
Machinery	43,002	39,540	38,939	37,016	36,182
Construction In Progress	6,491	1,127	5,692	12,856	11,188

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