Milae Bioresources 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	6,019	6,108	4,835	1,992	7,552	18,149
Short-Term Investments	9,424	10,224	9,362	23,262	19,840	9,562
Cash & Short-Term Investments	15,443	16,332	14,197	25,254	27,392	27,711
Cash Growth	5.75%	15.04%	-43.78%	-7.80%	-1.15%	114.03%
Accounts Receivable	8,341	8,234	11,978	7,386	8,991	8,446
Other Receivables	167.08	88.42	141.71	440.12	251.31	63.25
Receivables	8,508	8,323	12,136	7,826	9,295	8,562
Inventory	8,295	6,364	6,442	4,335	5,116	5,103
Prepaid Expenses	11.67	4.64	8.81	7.33	8.47	7.63
Other Current Assets	552.28	566.59	333.71	512.98	159.93	139.92
Total Current Assets	32,810	31,590	33,117	37,935	41,972	41,524
Property, Plant & Equipment	20,244	19,677	21,098	11,191	11,387	11,436
Long-Term Investments	-	-	-	-	2.08	498.97
Goodwill	4,161	4,161	5,777	1,229	1,586	1,156
Other Intangible Assets	3,041	3,142	3,412	178.6	239.66	407.66
Long-Term Accounts Receivable	0	0	0	-0	-0	0
Long-Term Deferred Tax Assets	-	-	-	483.05	397.91	157.26
Other Long-Term Assets	484.11	377.58	503.78	573.96	510.51	210.88
Total Assets	60,756	58,964	63,909	51,591	56,095	55,390
Accounts Payable	4,510	3,673	3,208	1,980	2,162	3,290
Accrued Expenses	429.42	491.57	320.27	209.53	223.79	185.73
Short-Term Debt	8,529	8,386	9,931	2,686	10,198	2,322
Current Portion of Long-Term Debt	598.1	598.1	872.5	550	550	-
Current Portion of Leases	184.1	195.55	220.39	194.91	246.56	192.57
Current Income Taxes Payable	24.41	107.12	279.97	-	123.22	-
Other Current Liabilities	1,458	1,543	2,078	1,506	1,437	1,442
Total Current Liabilities	15,732	14,993	16,910	7,126	14,941	7,432
Long-Term Debt	910.47	111	219	50	-	14,517
Long-Term Leases	194.01	234.81	260.64	237.74	311.38	338.98
Pension & Post-Retirement Benefits	463.35	440.88	467.42	7.18	-	-
Long-Term Deferred Tax Liabilities	358.83	381.42	301.54	-	-	-
Other Long-Term Liabilities	52.52	49.31	78.32	9.01	8.37	42.89
Total Liabilities	17,711	16,211	18,237	7,430	15,260	22,331
Common Stock	2,042	2,042	2,042	2,042	1,990	1,867
Additional Paid-In Capital	22,009	22,009	22,009	22,009	19,103	12,316
Retained Earnings	17,958	17,460	20,989	21,447	21,019	20,057
Treasury Stock	-979.15	-979.15	-979.15	-979.15	-979.15	-994.58
Comprehensive Income & Other	-389.92	-144.41	-475.25	-365.24	-387.2	-359.74
Total Common Equity	40,640	40,387	43,585	44,153	40,745	32,885
Minority Interest	2,405	2,366	2,086	7.22	89.36	173.98
Shareholders' Equity	43,045	42,753	45,672	44,160	40,835	33,059
Total Liabilities & Equity	60,756	58,964	63,909	51,591	56,095	55,390
Total Debt	10,416	9,525	11,503	3,719	11,306	17,370
Net Cash (Debt)	5,028	6,807	2,694	21,535	16,086	10,341
Net Cash Growth	60.61%	152.70%	-87.49%	33.88%	55.56%	25.57%
Net Cash Per Share	259.21	349.14	136.70	1119.39	860.34	583.56
Filing Date Shares Outstanding	19.15	19.5	19.5	19.5	18.98	17.74
Total Common Shares Outstanding	19.15	19.5	19.5	19.5	18.98	17.74
Working Capital	17,078	16,596	16,207	30,809	27,031	34,092
Book Value Per Share	2121.65	2071.61	2235.66	2264.77	2147.25	1854.08
Tangible Book Value	33,438	33,084	34,396	42,745	38,920	31,322
Tangible Book Value Per Share	1745.65	1697.00	1764.27	2192.55	2051.06	1765.94
Land	8,608	8,608	8,608	6,107	6,107	6,107
Buildings	10,768	10,768	10,768	4,289	4,289	4,289
Machinery	12,680	12,813	13,092	3,975	3,760	3,461
Construction In Progress	1,072	-	486.71	459.56	234.2	139.81