Kencoa Aerospace 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	23,863	24,266	15,999	11,478	8,090	17,167
Short-Term Investments	3,600	6,600	50,000	-	-	-
Trading Asset Securities	-	-	7,299	-	-	-
Cash & Short-Term Investments	27,463	30,866	73,298	11,478	8,090	17,167
Cash Growth	-54.45%	-57.89%	538.57%	41.88%	-52.88%	112.04%
Accounts Receivable	23,431	17,812	18,383	16,918	13,705	8,678
Other Receivables	1,146	768.8	2,965	1,317	2,570	345.8
Receivables	24,577	18,581	21,348	18,235	16,275	9,024
Inventory	60,832	62,120	61,003	49,876	36,310	22,901
Prepaid Expenses	739.66	776.78	520.09	280.29	269.18	387.29
Other Current Assets	3,127	4,411	2,854	3,024	3,352	1,074
Total Current Assets	116,739	116,754	159,023	82,895	64,296	50,553
Property, Plant & Equipment	87,595	86,486	66,276	43,870	43,545	43,518
Long-Term Investments	20,363	18,971	17,960	12,257	10,740	2,220
Goodwill	5,784	5,463	4,095	3,543	3,475	3,625
Other Intangible Assets	3,986	3,521	3,443	3,267	3,454	3,458
Long-Term Accounts Receivable	-	-	0	-	-0	0
Long-Term Deferred Charges	1,659	1,425	2,154	4,057	3,992	2,975
Other Long-Term Assets	172.53	167.93	112.59	16.86	242.88	262.35
Total Assets	236,317	232,803	253,064	149,906	129,746	106,612
Accounts Payable	6,685	6,007	5,530	9,335	7,269	6,029
Accrued Expenses	2,068	1,941	1,854	1,862	1,601	1,542
Short-Term Debt	11,580	19,925	32,308	38,333	22,772	20,597
Current Portion of Long-Term Debt	3,551	4,215	3,987	6,367	7,104	6,456
Current Portion of Leases	1,559	1,518	1,351	663.82	888.98	901.71
Current Income Taxes Payable	1,176	-	-	-	212.55	-
Other Current Liabilities	4,003	4,755	4,959	11,686	29,859	23,894
Total Current Liabilities	30,622	38,361	49,990	68,247	69,708	59,419
Long-Term Debt	19,183	19,697	6,767	9,379	8,793	9,779
Long-Term Leases	9,027	9,289	9,196	7,177	8,145	7,683
Pension & Post-Retirement Benefits	1,405	1,074	312.32	3,883	2,628	2,417
Long-Term Deferred Tax Liabilities	4,025	3,895	3,363	2,672	2,325	1,748
Other Long-Term Liabilities	142.62	136.75	117.1	136.99	0	-0
Total Liabilities	64,405	72,452	69,745	91,495	91,598	81,047
Common Stock	6,862	6,552	6,457	6,392	6,124	5,892
Additional Paid-In Capital	232,326	224,299	226,810	98,603	76,738	70,491
Retained Earnings	-79,793	-79,745	-60,430	-50,494	-47,957	-51,688
Comprehensive Income & Other	12,419	9,146	10,381	3,909	3,243	869.48
Total Common Equity	171,813	160,252	183,219	58,411	38,148	25,564
Minority Interest	98.88	98.86	100	-	-	-
Shareholders' Equity	171,912	160,351	183,319	58,411	38,148	25,564
Total Liabilities & Equity	236,317	232,803	253,064	149,906	129,746	106,612
Total Debt	44,900	54,643	53,610	61,920	47,704	45,418
Net Cash (Debt)	-17,438	-23,777	19,688	-50,441	-39,614	-28,250
Net Cash Per Share	-1320.80	-1817.56	1524.66	-3979.91	-3283.25	-2493.46
Filing Date Shares Outstanding	13.61	13.1	12.91	12.78	12.25	11.78
Total Common Shares Outstanding	13.61	13.1	12.91	12.78	12.25	11.78
Working Capital	86,116	78,393	109,033	14,648	-5,411	-8,867
Book Value Per Share	12625.16	12228.52	14188.45	4568.90	3114.71	2169.40
Tangible Book Value	162,043	151,268	175,680	51,600	31,218	18,481
Tangible Book Value Per Share	11907.25	11543.00	13604.66	4036.20	2548.92	1568.28
Land	4,254	4,212	3,638	3,615	3,612	3,601
Buildings	30,969	35,287	13,455	12,975	12,894	12,514
Machinery	40,118	72,364	47,582	39,415	35,124	32,803
Construction In Progress	3,086	4,230	19,206	1,950	681.06	218.89