Hizeaero 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	8,598	10,386	4,741	6,511	8,956	10,829
Short-Term Investments	4,208	2,542	2,360	3,757	10,997	29,906
Trading Asset Securities	-	-	144.65	794.7	3,182	881.9
Cash & Short-Term Investments	12,805	12,928	7,245	11,063	23,134	41,617
Cash Growth	38.31%	78.43%	-34.51%	-52.18%	-44.41%	15.80%
Accounts Receivable	18,811	17,922	17,501	18,157	10,431	13,618
Other Receivables	108.82	185.22	276.92	118.8	256.36	407.36
Receivables	19,358	18,542	18,028	18,306	11,327	14,099
Inventory	21,779	18,751	19,929	21,418	22,527	19,242
Prepaid Expenses	649.66	870.09	711.74	669.41	666.83	197.88
Other Current Assets	498.38	372.9	313.14	324.59	247.93	750.2
Total Current Assets	55,091	51,464	46,227	51,781	57,903	75,906
Property, Plant & Equipment	59,346	59,649	61,185	62,726	63,097	62,877
Long-Term Investments	4,926	4,862	4,989	6,731	13,303	11,209
Goodwill	-	-	91.93	91.93	91.93	91.93
Other Intangible Assets	326.95	284.28	489.9	865.21	1,205	846.51
Long-Term Deferred Tax Assets	-	-	115.04	96.23	91.3	180.79
Long-Term Deferred Charges	-	-	-0	-	750.17	-
Other Long-Term Assets	104.69	105.66	114.9	94.86	100.97	179.77
Total Assets	120,044	116,731	113,781	123,275	136,822	152,207
Accounts Payable	2,857	3,031	2,635	3,549	2,682	3,359
Accrued Expenses	3,107	2,722	2,643	2,947	2,760	2,757
Short-Term Debt	9,327	8,942	7,661	24,981	23,695	26,531
Current Portion of Long-Term Debt	1,860	3,527	860	16,403	16,807	12,705
Current Portion of Leases	235.48	236.56	354.65	314.94	327.42	611.31
Current Income Taxes Payable	8.99	-	8.49	99.11	150.26	216.99
Current Unearned Revenue	106.69	106.7	-	-	-	-
Other Current Liabilities	4,285	4,276	6,402	6,388	5,587	6,815
Total Current Liabilities	21,787	22,841	20,564	54,683	52,009	52,996
Long-Term Debt	43,440	39,988	43,230	8,376	17,915	28,035
Long-Term Leases	49.13	62.87	209.13	206.71	242.02	789.71
Long-Term Unearned Revenue	128.91	155.34	-	-	-	-
Pension & Post-Retirement Benefits	8,323	8,542	9,377	8,435	6,035	7,464
Other Long-Term Liabilities	73.15	77.44	204.88	218.59	138.1	212.83
Total Liabilities	73,801	71,667	73,585	71,919	76,340	89,498
Common Stock	9,350	9,350	9,350	9,350	9,350	8,848
Additional Paid-In Capital	28,216	69,962	69,962	69,962	69,962	63,355
Retained Earnings	5,061	-37,779	-41,456	-30,586	-23,476	-11,264
Treasury Stock	-	-	-	-	-	-3,043
Comprehensive Income & Other	-103.13	-146.94	-1,019	-133.97	2,293	2,557
Total Common Equity	42,523	41,387	36,838	48,592	58,129	60,452
Minority Interest	3,720	3,678	3,357	2,764	2,352	2,258
Shareholders' Equity	46,243	45,064	40,195	51,356	60,482	62,710
Total Liabilities & Equity	120,044	116,731	113,781	123,275	136,822	152,207
Total Debt	54,911	52,756	52,315	50,282	58,987	68,672
Net Cash (Debt)	-42,106	-39,828	-45,069	-39,220	-35,853	-27,055
Net Cash Per Share	-2250.66	-2129.76	-2409.28	-2097.24	-1974.91	-1582.51
Filing Date Shares Outstanding	18.7	18.7	18.7	18.7	18.7	17.1
Total Common Shares Outstanding	18.7	18.7	18.7	18.7	18.7	17.1
Working Capital	33,304	28,623	25,663	-2,902	5,894	22,911
Book Value Per Share	2273.91	2213.13	1969.89	2598.43	3108.42	3536.00
Tangible Book Value	42,197	41,102	36,256	47,635	56,832	59,513
Tangible Book Value Per Share	2256.43	2197.93	1938.78	2547.25	3039.07	3481.11
Land	24,021	24,021	24,021	23,998	23,998	23,998
Buildings	44,194	44,176	43,701	43,511	42,556	42,411
Machinery	46,011	45,628	41,304	41,684	38,098	36,673
Construction In Progress	415.29	393.83	3,541	1,162	2,460	262.25