GOLFZON Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	105,360	90,091	133,657	102,659	88,413	68,964
Trading Asset Securities	76,534	73,300	25,091	25,345	113,866	107,950
Cash & Short-Term Investments	181,894	163,391	158,748	128,004	202,280	176,914
Cash Growth	8.11%	2.93%	24.02%	-36.72%	14.34%	119.20%
Accounts Receivable	68,233	72,746	88,085	58,721	33,342	23,743
Other Receivables	4,610	1,208	4,522	4,987	5,545	1,461
Receivables	73,047	73,958	92,607	63,717	38,976	28,982
Inventory	56,544	53,449	60,751	83,286	47,810	25,162
Prepaid Expenses	8,995	5,875	4,958	3,787	3,321	2,595
Other Current Assets	10,815	12,353	11,796	22,895	14,183	8,744
Total Current Assets	331,294	309,025	328,860	301,690	306,570	242,397
Property, Plant & Equipment	190,403	190,189	208,420	210,927	185,923	173,643
Long-Term Investments	31,322	30,927	5,031	15,531	71.61	64.79
Goodwill	536.28	534.3	5,437	8,850	17,148	126.79
Other Intangible Assets	24,766	25,198	30,633	36,538	36,148	20,677
Long-Term Accounts Receivable	23,265	28,032	52,357	36,939	2,035	712.05
Long-Term Deferred Tax Assets	13,805	14,467	12,970	7,028	7,738	7,474
Other Long-Term Assets	19,312	19,106	21,768	20,080	34,288	38,494
Total Assets	634,776	617,553	665,499	637,622	589,996	483,601
Accounts Payable	10,073	5,614	10,074	9,315	18,425	7,528
Accrued Expenses	6,702	9,750	9,650	11,620	17,976	19,676
Short-Term Debt	1,679	1,555	6,700	6,700	6,700	-
Current Portion of Leases	15,344	15,478	16,989	20,422	19,253	18,255
Current Income Taxes Payable	11,897	10,096	28,114	15,488	24,043	23,006
Current Unearned Revenue	4,897	5,929	7,419	8,307	7,999	5,118
Other Current Liabilities	86,628	62,658	70,238	79,176	62,804	56,583
Total Current Liabilities	137,220	111,078	149,184	151,028	157,202	130,166
Long-Term Debt	45.77	42.29	-	-	-	-
Long-Term Leases	51,102	51,307	58,641	49,852	41,813	47,668
Long-Term Unearned Revenue	12.27	13.12	20.82	2.21	14.91	17.08
Pension & Post-Retirement Benefits	174.4	158.47	140.48	152.5	-	-
Long-Term Deferred Tax Liabilities	961.79	878.39	1,430	2,980	3,532	50.95
Other Long-Term Liabilities	15,714	15,142	9,382	7,929	14,274	13,797
Total Liabilities	205,230	178,620	218,798	211,943	216,835	191,699
Common Stock	3,138	3,138	3,138	3,138	3,138	3,138
Additional Paid-In Capital	75,036	75,036	75,036	72,366	72,242	68,837
Retained Earnings	371,448	379,528	377,964	356,641	304,769	213,156
Treasury Stock	-28,726	-28,726	-28,726	-20,142	-20,142	-174.32
Comprehensive Income & Other	11,052	10,926	12,121	5,325	1,968	2,892
Total Common Equity	431,948	439,901	439,533	417,327	361,974	287,848
Minority Interest	-2,402	-967.82	7,168	8,352	11,187	4,054
Shareholders' Equity	429,546	438,934	446,701	425,679	373,160	291,902
Total Liabilities & Equity	634,776	617,553	665,499	637,622	589,996	483,601
Total Debt	68,171	68,382	82,329	76,974	67,766	65,923
Net Cash (Debt)	113,723	95,008	76,419	51,029	134,513	110,992
Net Cash Growth	26.38%	24.33%	49.76%	-62.06%	21.19%	775.75%
Net Cash Per Share	18936.64	15821.27	12566.23	8268.55	21424.58	17644.84
Filing Date Shares Outstanding	6.01	6.01	6.01	6.13	6.13	6.27
Total Common Shares Outstanding	6.01	6.01	6.01	6.13	6.13	6.27
Working Capital	194,074	197,947	179,676	150,662	149,368	112,231
Book Value Per Share	71917.91	73254.63	73193.27	68089.10	59057.96	45890.77
Tangible Book Value	406,646	414,169	403,463	371,939	308,678	267,045
Tangible Book Value Per Share	67705.23	68969.55	67186.66	60683.85	50362.42	42574.11
Land	32,016	32,016	30,039	30,824	30,694	30,998
Buildings	32,849	45,114	39,588	41,898	41,452	41,427
Machinery	35,521	66,890	61,609	58,140	49,341	38,549
Construction In Progress	1,138	3,783	7,975	18,890	17,316	6,649