Milae Bioresources 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	6,108	4,835	1,992	7,552	18,149
Short-Term Investments	10,224	9,362	23,262	19,840	9,562
Cash & Short-Term Investments	16,332	14,197	25,254	27,392	27,711
Cash Growth	15.04%	-43.78%	-7.80%	-1.15%	114.03%
Accounts Receivable	8,234	11,978	7,386	8,991	8,446
Other Receivables	88.42	141.71	440.12	251.31	63.25
Receivables	8,323	12,136	7,826	9,295	8,562
Inventory	6,364	6,442	4,335	5,116	5,103
Prepaid Expenses	4.64	8.81	7.33	8.47	7.63
Other Current Assets	566.59	333.71	512.98	159.93	139.92
Total Current Assets	31,590	33,117	37,935	41,972	41,524
Property, Plant & Equipment	19,677	21,098	11,191	11,387	11,436
Long-Term Investments	-	-	-	2.08	498.97
Goodwill	4,161	5,777	1,229	1,586	1,156
Other Intangible Assets	3,142	3,412	178.6	239.66	407.66
Long-Term Accounts Receivable	0	0	-0	-0	0
Long-Term Deferred Tax Assets	-	-	483.05	397.91	157.26
Other Long-Term Assets	377.58	503.78	573.96	510.51	210.88
Total Assets	58,964	63,909	51,591	56,095	55,390
Accounts Payable	3,673	3,208	1,980	2,162	3,290
Accrued Expenses	491.57	320.27	209.53	223.79	185.73
Short-Term Debt	8,386	9,931	2,686	10,198	2,322
Current Portion of Long-Term Debt	598.1	872.5	550	550	-
Current Portion of Leases	195.55	220.39	194.91	246.56	192.57
Current Income Taxes Payable	107.12	279.97	-	123.22	-
Other Current Liabilities	1,543	2,078	1,506	1,437	1,442
Total Current Liabilities	14,993	16,910	7,126	14,941	7,432
Long-Term Debt	111	219	50	-	14,517
Long-Term Leases	234.81	260.64	237.74	311.38	338.98
Pension & Post-Retirement Benefits	440.88	467.42	7.18	-	-
Long-Term Deferred Tax Liabilities	381.42	301.54	-	-	-
Other Long-Term Liabilities	49.31	78.32	9.01	8.37	42.89
Total Liabilities	16,211	18,237	7,430	15,260	22,331
Common Stock	2,042	2,042	2,042	1,990	1,867
Additional Paid-In Capital	22,009	22,009	22,009	19,103	12,316
Retained Earnings	17,460	20,989	21,447	21,019	20,057
Treasury Stock	-979.15	-979.15	-979.15	-979.15	-994.58
Comprehensive Income & Other	-144.41	-475.25	-365.24	-387.2	-359.74
Total Common Equity	40,387	43,585	44,153	40,745	32,885
Minority Interest	2,366	2,086	7.22	89.36	173.98
Shareholders' Equity	42,753	45,672	44,160	40,835	33,059
Total Liabilities & Equity	58,964	63,909	51,591	56,095	55,390
Total Debt	9,525	11,503	3,719	11,306	17,370
Net Cash (Debt)	6,807	2,694	21,535	16,086	10,341
Net Cash Growth	152.70%	-87.49%	33.88%	55.56%	25.57%
Net Cash Per Share	348.74	136.70	1119.39	860.34	583.56
Filing Date Shares Outstanding	19.58	19.5	19.5	18.98	17.74
Total Common Shares Outstanding	19.58	19.5	19.5	18.98	17.74
Working Capital	16,596	16,207	30,809	27,031	34,092
Book Value Per Share	2062.24	2235.66	2264.77	2147.25	1854.08
Tangible Book Value	33,084	34,396	42,745	38,920	31,322
Tangible Book Value Per Share	1689.32	1764.27	2192.55	2051.06	1765.94
Land	8,608	8,608	6,107	6,107	6,107
Buildings	10,768	10,768	4,289	4,289	4,289
Machinery	12,813	13,092	3,975	3,760	3,461
Construction In Progress	-	486.71	459.56	234.2	139.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.