INCAR FINANCIAL SERVICE Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	1,531	936.94	3,752	4,591	3,316
Short-Term Investments	83,746	43,744	15,332	16,106	31,842
Trading Asset Securities	4,688	452.16	438.37	-	-
Cash & Short-Term Investments	89,965	45,133	19,522	20,697	35,158
Cash Growth	99.33%	131.19%	-5.68%	-41.13%	-
Other Receivables	111,440	74,476	50,601	35,415	34,259
Receivables	111,733	76,085	52,324	39,248	35,986
Prepaid Expenses	376,907	301,598	168,636	118,114	83,213
Other Current Assets	6,567	5,864	6,435	5,294	4,538
Total Current Assets	585,173	428,681	246,917	183,353	158,895
Property, Plant & Equipment	11,561	11,794	11,636	12,386	7,384
Long-Term Investments	-	1,807	1,276	-	-
Goodwill	1,857	-	-	-	-
Other Intangible Assets	5,015	3,108	1,836	1,497	1,250
Long-Term Deferred Tax Assets	-	-	-	-	1,644
Other Long-Term Assets	103,130	50,766	27,639	16,105	5,764
Total Assets	707,432	497,329	291,945	214,906	175,408
Accrued Expenses	3,118	2,674	2,943	1,429	1,021
Short-Term Debt	12,413	-	19,800	18,050	17,550
Current Portion of Long-Term Debt	29,784	18,296	-	-	-
Current Portion of Leases	7,249	7,361	6,628	6,016	4,405
Current Income Taxes Payable	5,743	591.2	-	-	582.27
Other Current Liabilities	439,643	304,357	171,968	136,364	120,797
Total Current Liabilities	497,952	333,280	201,339	161,860	144,356
Long-Term Debt	7,093	36,022	-	-	-
Long-Term Leases	1,639	2,257	2,366	3,567	771.3
Long-Term Deferred Tax Liabilities	31,333	19,598	9,213	3,459	-
Other Long-Term Liabilities	22,154	9,422	5,614	4,540	5,196
Total Liabilities	560,171	400,580	218,532	173,426	150,323
Common Stock	5,138	5,138	5,138	2,247	2,247
Additional Paid-In Capital	12,308	12,308	12,308	4,054	4,054
Retained Earnings	140,912	82,408	55,981	35,193	18,798
Treasury Stock	-10,010	-3,090	-	-	-
Comprehensive Income & Other	-14.4	-14.4	-14.4	-14.4	-14.4
Total Common Equity	148,334	96,749	73,412	41,480	25,085
Minority Interest	-1,074	-	-	-	-
Shareholders' Equity	147,260	96,749	73,412	41,480	25,085
Total Liabilities & Equity	707,432	497,329	291,945	214,906	175,408
Total Debt	58,179	63,937	28,794	27,634	22,727
Net Cash (Debt)	31,787	-18,804	-9,273	-6,937	12,432
Net Cash Per Share	645.71	-366.40	-183.05	-154.35	276.63
Filing Date Shares Outstanding	48.66	50.31	51.38	51.38	44.94
Total Common Shares Outstanding	48.66	50.31	51.38	51.38	44.94
Working Capital	87,221	95,401	45,577	21,494	14,539
Book Value Per Share	3048.13	1923.11	1428.82	807.33	558.18
Tangible Book Value	141,462	93,641	71,576	39,984	23,834
Tangible Book Value Per Share	2906.93	1861.33	1393.08	778.20	530.36
Machinery	3,985	3,287	3,111	2,803	2,294

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.