FSN Co., Ltd. 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	37,679	58,468	30,298	49,670	35,755
Short-Term Investments	31,000	5,000	135.19	11,127	14,441
Trading Asset Securities	3,012	-	-	-	-
Cash & Short-Term Investments	71,691	63,468	30,434	60,797	50,197
Cash Growth	12.96%	108.55%	-49.94%	21.12%	31.49%
Accounts Receivable	67,299	76,476	60,358	65,063	62,222
Other Receivables	81.93	329.02	1,240	1,125	1,528
Receivables	72,046	86,010	71,634	79,082	70,211
Inventory	23,868	17,935	4,999	3,392	1,738
Prepaid Expenses	561.75	1,107	898.05	1,142	617.86
Other Current Assets	9,032	11,346	6,212	8,150	6,500
Total Current Assets	177,199	179,866	114,177	152,564	129,263
Property, Plant & Equipment	23,727	29,334	21,712	28,636	26,711
Long-Term Investments	8,989	18,067	20,194	18,533	16,817
Goodwill	33,071	58,067	33,613	44,305	40,380
Other Intangible Assets	18,075	21,054	4,908	4,604	8,295
Long-Term Accounts Receivable	621.11	2,250	1,357	910.68	480.25
Long-Term Deferred Tax Assets	9,255	9,249	4,424	4,660	4,094
Other Long-Term Assets	102,355	7,645	8,189	6,608	8,434
Total Assets	379,267	325,556	208,655	261,077	236,951
Accounts Payable	38,703	48,216	31,688	34,467	33,455
Accrued Expenses	5,434	6,173	4,334	5,726	5,754
Short-Term Debt	37,184	59,918	12,955	1,827	5,120
Current Portion of Long-Term Debt	229.55	1,396	20.2	24.13	140.13
Current Portion of Leases	4,921	5,659	5,712	6,147	3,217
Current Income Taxes Payable	3,908	2,212	406.76	1,020	2,541
Current Unearned Revenue	237.35	137.49	429.44	494.9	231.77
Other Current Liabilities	137,718	70,868	18,392	25,477	19,732
Total Current Liabilities	228,335	194,579	73,937	75,183	70,190
Long-Term Debt	27,605	2,904	17,669	13,646	4,989
Long-Term Leases	8,245	13,452	13,497	17,886	18,317
Long-Term Unearned Revenue	-	-	6.52	-	-
Pension & Post-Retirement Benefits	1,393	3,589	1,245	1,283	2,381
Long-Term Deferred Tax Liabilities	4,212	4,213	393.44	625.17	482.31
Other Long-Term Liabilities	3,147	3,590	8,420	5,064	3,505
Total Liabilities	272,937	222,327	115,169	113,687	99,866
Common Stock	21,845	16,625	16,625	16,625	13,934
Additional Paid-In Capital	-72,956	-59,268	98,744	116,564	99,874
Retained Earnings	82,971	100,911	-42,174	-17,787	-7,960
Treasury Stock	-16.09	-16.09	-16.09	-16.09	-16.09
Comprehensive Income & Other	29,678	1,605	2,361	3,166	2,436
Total Common Equity	61,522	59,857	75,539	118,552	108,268
Minority Interest	32,589	36,240	17,946	28,838	28,818
Shareholders' Equity	106,331	103,229	93,486	147,390	137,085
Total Liabilities & Equity	379,267	325,556	208,655	261,077	236,951
Total Debt	78,184	83,330	49,854	39,529	31,784
Net Cash (Debt)	-6,493	-19,861	-19,420	21,268	18,413
Net Cash Growth	-	-	-	15.51%	-
Net Cash Per Share	-163.25	-597.58	-584.10	743.65	754.46
Filing Date Shares Outstanding	43.89	33.25	33.25	33.25	27.86
Total Common Shares Outstanding	43.89	33.25	33.25	33.25	27.86
Working Capital	-51,136	-14,713	40,240	77,380	59,073
Book Value Per Share	1401.83	1800.35	2272.03	3565.74	3885.45
Tangible Book Value	10,376	-19,264	37,019	69,642	59,593
Tangible Book Value Per Share	236.42	-579.41	1113.44	2094.67	2138.64
Land	7,183	570.25	-	-	54.42
Buildings	5,337	1,909	-	-	207.64
Machinery	3,112	5,476	4,720	5,803	5,110
Construction In Progress	-	5,800	-	-	-

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