LAON PEOPLE 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	19,310	37,126	38,505	26,541	6,832	12,234
Short-Term Investments	800	1,200	840	700	56,576	46,600
Trading Asset Securities	539.22	-	-	-	-	10,107
Cash & Short-Term Investments	20,649	38,326	39,345	27,241	63,408	68,941
Cash Growth	-6.49%	-2.59%	44.43%	-57.04%	-8.03%	31.53%
Accounts Receivable	21,995	58,988	36,252	2,738	2,959	3,403
Other Receivables	-	39.1	482.29	28.5	685.86	265.96
Receivables	21,995	59,027	36,775	2,916	3,645	3,669
Inventory	2,411	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	3,428	1,931	2,681	847.36	516.06	827.67
Total Current Assets	48,484	103,789	85,968	34,323	72,605	78,122
Property, Plant & Equipment	56,543	56,935	36,922	17,694	10,782	3,939
Long-Term Investments	6,250	7,097	3,102	20,319	2,197	1,158
Goodwill	12,619	12,619	12,619	-	-	-
Other Intangible Assets	12,933	13,220	15,516	1,019	718.61	600.52
Long-Term Deferred Tax Assets	521.02	521.02	2,159	2,708	639.86	1,461
Other Long-Term Assets	1,768	1,985	1,561	1,062	1,121	363.98
Total Assets	139,119	196,167	157,848	77,125	88,063	85,645
Accounts Payable	883.8	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	28,998	51,921	27,812	27,236	28,180	-
Current Portion of Leases	116.72	184.66	419.3	260.14	370.9	371.69
Other Current Liabilities	36,788	84,304	60,397	2,107	2,605	4,657
Total Current Liabilities	66,786	138,367	91,287	30,401	32,846	6,969
Long-Term Debt	1,513	1,513	6,943	-	-	26,091
Long-Term Leases	44.9	68.26	252.94	150.53	144.44	128.51
Pension & Post-Retirement Benefits	392.17	421.48	785.2	281.5	40.73	358.35
Long-Term Deferred Tax Liabilities	2,291	2,336	2,801	-	-	-
Other Long-Term Liabilities	6,287	7,196	7,960	223.61	254.6	136.24
Total Liabilities	77,314	149,901	110,030	31,057	33,286	33,683
Common Stock	24,836	10,514	10,514	10,502	10,474	5,277
Additional Paid-In Capital	33,167	28,555	35,641	35,542	35,041	38,410
Retained Earnings	-34,386	-31,398	-14,499	-1,934	7,477	10,159
Treasury Stock	-4.28	-	-	-	-	-2,920
Comprehensive Income & Other	25,030	25,030	-996.64	1,818	1,358	1,036
Total Common Equity	48,643	32,702	30,660	45,928	54,350	51,962
Minority Interest	10,896	11,298	15,189	140.94	427.14	-
Shareholders' Equity	61,805	46,266	47,819	46,069	54,777	51,962
Total Liabilities & Equity	139,119	196,167	157,848	77,125	88,063	85,645
Total Debt	30,673	53,687	35,427	27,647	28,695	26,591
Net Cash (Debt)	-10,023	-15,361	3,919	-405.73	34,713	42,350
Net Cash Growth	-	-	-	-	-18.03%	-18.04%
Net Cash Per Share	-293.44	-525.99	134.11	-13.93	1189.64	1452.17
Filing Date Shares Outstanding	49.5	20.86	29.2	29.17	29.09	29.08
Total Common Shares Outstanding	49.5	20.86	29.2	29.13	29.09	29.08
Working Capital	-18,302	-34,577	-5,319	3,923	39,759	71,154
Book Value Per Share	982.68	1567.69	1049.85	1576.89	1868.22	1786.75
Tangible Book Value	23,091	6,863	2,524	44,909	53,632	51,361
Tangible Book Value Per Share	466.48	329.01	86.44	1541.91	1843.52	1766.10
Land	24,939	24,939	12,835	-	-	-
Buildings	30,481	30,481	22,512	-	-	-
Machinery	2,707	2,910	3,030	1,131	1,085	819.63
Construction In Progress	-	-	-	16,967	9,839	3,125