LAON PEOPLE 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	37,126	38,505	26,541	6,832	12,234
Short-Term Investments	1,200	840	700	56,576	46,600
Trading Asset Securities	-	-	-	-	10,107
Cash & Short-Term Investments	38,326	39,345	27,241	63,408	68,941
Cash Growth	-2.59%	44.43%	-57.04%	-8.03%	31.53%
Accounts Receivable	58,988	36,252	2,738	2,959	3,403
Other Receivables	39.1	482.29	28.5	685.86	265.96
Receivables	59,027	36,775	2,916	3,645	3,669
Inventory	2,483	4,051	3,282	4,987	4,591
Prepaid Expenses	2,022	3,116	36.87	49.52	93.25
Other Current Assets	1,931	2,681	847.36	516.06	827.67
Total Current Assets	103,789	85,968	34,323	72,605	78,122
Property, Plant & Equipment	56,935	36,922	17,694	10,782	3,939
Long-Term Investments	7,097	3,102	20,319	2,197	1,158
Goodwill	12,619	12,619	-	-	-
Other Intangible Assets	13,220	15,516	1,019	718.61	600.52
Long-Term Deferred Tax Assets	521.02	2,159	2,708	639.86	1,461
Other Long-Term Assets	1,985	1,561	1,062	1,121	363.98
Total Assets	196,167	157,848	77,125	88,063	85,645
Accounts Payable	596.01	1,220	417.17	1,414	1,566
Accrued Expenses	1,361	1,440	380.53	276.5	373.4
Short-Term Debt	51,921	27,812	27,236	28,180	-
Current Portion of Leases	184.66	419.3	260.14	370.9	371.69
Other Current Liabilities	84,304	60,397	2,107	2,605	4,657
Total Current Liabilities	138,367	91,287	30,401	32,846	6,969
Long-Term Debt	1,513	6,943	-	-	26,091
Long-Term Leases	68.26	252.94	150.53	144.44	128.51
Pension & Post-Retirement Benefits	421.48	785.2	281.5	40.73	358.35
Long-Term Deferred Tax Liabilities	2,336	2,801	-	-	-
Other Long-Term Liabilities	7,196	7,960	223.61	254.6	136.24
Total Liabilities	149,901	110,030	31,057	33,286	33,683
Common Stock	10,514	10,514	10,502	10,474	5,277
Additional Paid-In Capital	28,555	35,641	35,542	35,041	38,410
Retained Earnings	-31,398	-14,499	-1,934	7,477	10,159
Treasury Stock	-	-	-	-	-2,920
Comprehensive Income & Other	25,030	-996.64	1,818	1,358	1,036
Total Common Equity	32,702	30,660	45,928	54,350	51,962
Minority Interest	11,298	15,189	140.94	427.14	-
Shareholders' Equity	46,266	47,819	46,069	54,777	51,962
Total Liabilities & Equity	196,167	157,848	77,125	88,063	85,645
Total Debt	53,687	35,427	27,647	28,695	26,591
Net Cash (Debt)	-15,361	3,919	-405.73	34,713	42,350
Net Cash Growth	-	-	-	-18.03%	-18.04%
Net Cash Per Share	-526.21	134.11	-13.93	1189.64	1452.17
Filing Date Shares Outstanding	28.81	29.2	29.17	29.09	29.08
Total Common Shares Outstanding	28.81	29.2	29.13	29.09	29.08
Working Capital	-34,577	-5,319	3,923	39,759	71,154
Book Value Per Share	1135.16	1049.85	1576.89	1868.22	1786.75
Tangible Book Value	6,863	2,524	44,909	53,632	51,361
Tangible Book Value Per Share	238.23	86.44	1541.91	1843.52	1766.10
Land	24,939	12,835	-	-	-
Buildings	30,481	22,512	-	-	-
Machinery	2,910	3,030	1,131	1,085	819.63
Construction In Progress	-	-	16,967	9,839	3,125

Source: S&P Global Market Intelligence. Standard template. Financial Sources.