Milae Bioresources Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	5,712	4,835	1,992	7,552	18,149	2,811
Short-Term Investments	10,124	9,362	23,262	19,840	9,562	10,136
Cash & Short-Term Investments	15,836	14,197	25,254	27,392	27,711	12,947
Cash Growth	-36.73%	-43.78%	-7.80%	-1.15%	114.03%	-5.29%
Accounts Receivable	12,378	11,978	7,386	8,991	8,446	8,699
Other Receivables	113.12	141.71	440.12	251.31	63.25	51.72
Receivables	12,507	12,136	7,826	9,295	8,562	8,766
Inventory	6,472	6,442	4,335	5,116	5,103	3,358
Prepaid Expenses	5.43	8.81	7.33	8.47	7.63	136.22
Other Current Assets	367.3	333.71	512.98	159.93	139.92	105.11
Total Current Assets	35,188	33,117	37,935	41,972	41,524	25,313
Property, Plant & Equipment	19,941	21,098	11,191	11,387	11,436	11,263
Long-Term Investments	-	-	-	2.08	498.97	246.78
Goodwill	5,777	5,777	1,229	1,586	1,156	1,156
Other Intangible Assets	3,282	3,412	178.6	239.66	407.66	481.22
Long-Term Accounts Receivable	0	0	-0	-0	0	0
Long-Term Deferred Tax Assets	-	-	483.05	397.91	157.26	435.43
Other Long-Term Assets	322.96	503.78	573.96	510.51	210.88	168.99
Total Assets	64,511	63,909	51,591	56,095	55,390	39,064
Accounts Payable	4,398	3,208	1,980	2,162	3,290	2,437
Accrued Expenses	339.1	320.27	209.53	223.79	185.73	190.81
Short-Term Debt	7,826	9,931	2,686	10,198	2,322	4,424
Current Portion of Long-Term Debt	598.1	872.5	550	550	-	14.16
Current Portion of Leases	214.9	220.39	194.91	246.56	192.57	122.39
Current Income Taxes Payable	-	279.97	-	123.22	-	63.45
Other Current Liabilities	1,730	2,078	1,506	1,437	1,442	972.1
Total Current Liabilities	15,106	16,910	7,126	14,941	7,432	8,224
Long-Term Debt	653.19	219	50	-	14,517	-
Long-Term Leases	174.51	260.64	237.74	311.38	338.98	151.85
Pension & Post-Retirement Benefits	518.14	467.42	7.18	-	-	-
Long-Term Deferred Tax Liabilities	239.7	301.54	-	-	-	-
Other Long-Term Liabilities	83.21	78.32	9.01	8.37	42.89	1.06
Total Liabilities	16,774	18,237	7,430	15,260	22,331	8,377
Common Stock	2,042	2,042	2,042	1,990	1,867	1,867
Additional Paid-In Capital	22,009	22,009	22,009	19,103	12,316	10,809
Retained Earnings	22,728	20,989	21,447	21,019	20,057	18,914
Treasury Stock	-979.15	-979.15	-979.15	-979.15	-994.58	-1,041
Comprehensive Income & Other	-404.27	-475.25	-365.24	-387.2	-359.74	-99.99
Total Common Equity	45,396	43,585	44,153	40,745	32,885	30,449
Minority Interest	2,341	2,086	7.22	89.36	173.98	237.76
Shareholders' Equity	47,736	45,672	44,160	40,835	33,059	30,687
Total Liabilities & Equity	64,511	63,909	51,591	56,095	55,390	39,064
Total Debt	9,467	11,503	3,719	11,306	17,370	4,712
Net Cash (Debt)	6,369	2,694	21,535	16,086	10,341	8,235
Net Cash Growth	-67.68%	-87.49%	33.88%	55.56%	25.57%	-16.75%
Net Cash Per Share	327.70	138.16	1119.39	860.34	583.56	464.46
Filing Date Shares Outstanding	19.5	19.5	19.5	18.98	17.74	17.69
Total Common Shares Outstanding	19.5	19.5	19.5	18.98	17.74	17.69
Working Capital	20,082	16,207	30,809	27,031	34,092	17,089
Book Value Per Share	2328.50	2235.66	2264.77	2147.25	1854.08	1720.97
Tangible Book Value	36,336	34,396	42,745	38,920	31,322	28,813
Tangible Book Value Per Share	1863.83	1764.27	2192.55	2051.06	1765.94	1628.46
Land	8,608	8,608	6,107	6,107	6,107	6,107
Buildings	10,768	10,768	4,289	4,289	4,289	4,289
Machinery	12,797	13,106	3,975	3,760	3,461	3,235
Construction In Progress	13	486.72	459.56	234.2	139.81	178.56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.