Maeil Dairies 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	285,443	261,199	199,656	139,408	78,648	120,115
Short-Term Investments	3,000	3,000	2,000	19,526	17,924	39,806
Trading Asset Securities	2,794	2,660	42,838	67,159	91,631	137,902
Cash & Short-Term Investments	291,236	266,859	244,494	226,093	188,203	297,823
Cash Growth	23.60%	9.15%	8.14%	20.13%	-36.81%	146.51%
Accounts Receivable	196,451	187,161	180,196	174,350	158,783	140,870
Other Receivables	7,254	7,809	9,382	7,481	7,946	11,469
Receivables	204,126	195,393	189,996	182,250	167,434	153,628
Inventory	232,826	234,877	205,713	185,847	235,027	174,960
Prepaid Expenses	9,947	4,378	3,417	2,625	3,090	3,377
Other Current Assets	9,527	8,431	6,582	7,310	6,205	11,798
Total Current Assets	747,663	709,938	650,202	604,125	599,958	641,585
Property, Plant & Equipment	249,023	252,469	274,576	277,044	282,115	282,941
Long-Term Investments	34,749	35,486	33,039	37,773	36,724	27,840
Other Intangible Assets	31,876	33,190	29,588	14,710	12,185	10,320
Long-Term Accounts Receivable	0	0	-	-	0	-0
Long-Term Deferred Tax Assets	3,476	5,647	6,591	2,420	4,040	1,339
Other Long-Term Assets	24,505	29,210	32,281	36,687	39,726	17,674
Total Assets	1,091,293	1,065,940	1,026,284	972,802	974,748	981,699
Accounts Payable	117,613	118,639	114,871	112,420	100,472	94,424
Accrued Expenses	13,360	12,120	20,930	19,513	12,279	18,004
Current Portion of Long-Term Debt	99,995	99,979	4,405	-	69,970	-
Current Portion of Leases	4,999	3,730	5,106	2,713	4,010	3,731
Current Income Taxes Payable	10,362	8,488	11,515	11,689	2,162	15,182
Other Current Liabilities	80,208	70,481	72,447	69,571	77,206	65,256
Total Current Liabilities	326,547	313,438	229,273	215,905	266,099	196,597
Long-Term Debt	99,916	99,907	199,785	204,006	199,590	269,394
Long-Term Leases	5,709	5,526	8,528	2,969	3,754	7,065
Long-Term Unearned Revenue	4,206	4,233	4,182	2,689	1,889	648.46
Pension & Post-Retirement Benefits	-	-	-	-	-	3,944
Other Long-Term Liabilities	12,715	11,729	9,275	7,146	6,593	6,758
Total Liabilities	449,094	434,834	451,043	432,716	477,925	484,407
Common Stock	3,922	3,922	3,922	3,922	3,922	3,922
Additional Paid-In Capital	250,661	250,661	255,393	256,232	257,079	257,610
Retained Earnings	403,423	394,089	358,635	321,791	275,656	270,134
Treasury Stock	-21,231	-21,231	-42,157	-44,594	-45,063	-32,828
Comprehensive Income & Other	4,508	2,803	-1,295	2,158	4,701	-1,547
Total Common Equity	641,282	630,243	574,497	539,509	496,295	497,292
Minority Interest	916.19	862.53	743.79	576.55	528.18	-
Shareholders' Equity	642,198	631,106	575,241	540,086	496,823	497,292
Total Liabilities & Equity	1,091,293	1,065,940	1,026,284	972,802	974,748	981,699
Total Debt	210,620	209,142	217,824	209,688	277,324	280,191
Net Cash (Debt)	80,617	57,717	26,669	16,405	-89,121	17,632
Net Cash Growth	375.67%	116.41%	62.57%	-	-	163.45%
Net Cash Per Share	11048.35	7943.02	3698.37	2289.96	-12169.26	2332.07
Filing Date Shares Outstanding	7.32	7.32	7.22	7.18	7.19	7.39
Total Common Shares Outstanding	7.32	7.32	7.22	7.18	7.19	7.39
Working Capital	421,116	396,500	420,929	388,220	333,859	444,988
Book Value Per Share	87614.36	86122.23	79606.72	75135.80	69072.66	67256.31
Tangible Book Value	609,406	597,054	544,909	524,799	484,110	486,972
Tangible Book Value Per Share	83259.36	81586.91	75506.79	73087.18	67376.80	65860.57
Land	-	41,851	41,747	41,672	41,624	41,626
Buildings	-	180,405	177,302	173,903	171,193	166,129
Machinery	-	563,294	546,502	541,307	520,001	487,427
Construction In Progress	-	2,429	3,503	14,459	12,286	24,030