Nepes Ark 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	39,325	42,127	21,812	76,815	78,655
Short-Term Investments	20,000	-	30,000	-	-
Cash & Short-Term Investments	59,325	42,127	51,812	76,815	78,655
Cash Growth	40.82%	-18.69%	-32.55%	-2.34%	26.44%
Accounts Receivable	43,203	31,427	25,483	13,142	12,077
Other Receivables	446.88	547.14	1,643	914.8	149.41
Receivables	43,650	31,974	27,125	24,057	12,227
Inventory	950.44	750.89	1,144	1,441	2,083
Prepaid Expenses	1,317	275.45	1,408	2,316	4,588
Other Current Assets	346.78	548.05	1,110	91.13	61
Total Current Assets	105,589	75,676	82,600	104,719	97,614
Property, Plant & Equipment	146,837	200,317	289,409	340,795	312,288
Long-Term Investments	124.51	109.04	85.9	63.7	-
Other Intangible Assets	316.34	788.12	1,196	1,362	1,533
Long-Term Accounts Receivable	-	-	-	-0	-0
Long-Term Deferred Tax Assets	22,999	18,969	12,626	10,899	5,928
Other Long-Term Assets	310.15	2,697	120.61	128.98	178.84
Total Assets	291,572	312,241	395,685	457,968	417,541
Accounts Payable	1,399	812.97	1,523	2,471	2,996
Accrued Expenses	1,822	1,867	2,229	1,115	461.43
Short-Term Debt	19,750	19,750	4,750	4,750	5,000
Current Portion of Long-Term Debt	9,146	23,734	66,243	31,966	13,186
Current Portion of Leases	460.76	676.42	1,378	3,478	1,008
Current Income Taxes Payable	-	-	-	2,299	3,303
Other Current Liabilities	4,638	3,666	5,435	12,676	70,506
Total Current Liabilities	37,215	50,507	81,558	58,755	96,461
Long-Term Debt	81,431	90,572	84,583	139,105	117,070
Long-Term Leases	1,317	2,172	2,408	2,564	2,734
Pension & Post-Retirement Benefits	2,680	2,702	1,148	940.68	236.75
Other Long-Term Liabilities	283.39	906.82	245.53	166.41	39.39
Total Liabilities	122,927	146,860	169,943	201,530	216,542
Common Stock	6,092	6,092	6,092	6,092	6,092
Additional Paid-In Capital	165,745	165,745	165,745	165,745	165,745
Retained Earnings	-2,767	-6,032	23,907	54,604	29,163
Comprehensive Income & Other	-424.38	-423.04	29,998	29,998	-
Shareholders' Equity	168,645	165,381	225,741	256,438	200,999
Total Liabilities & Equity	291,572	312,241	395,685	457,968	417,541
Total Debt	112,105	136,905	159,363	181,862	138,999
Net Cash (Debt)	-52,780	-94,778	-107,550	-105,047	-60,344
Net Cash Per Share	-4789.42	-7982.63	-8827.15	-8360.41	-5112.57
Filing Date Shares Outstanding	7.53	12.18	12.18	12.18	12.18
Total Common Shares Outstanding	7.53	12.18	12.18	12.18	12.18
Working Capital	68,374	25,169	1,042	45,965	1,153
Book Value Per Share	22402.17	13573.59	18527.63	21047.07	16496.93
Tangible Book Value	168,329	164,593	224,545	255,076	199,466
Tangible Book Value Per Share	22360.15	13508.91	18429.47	20935.29	16371.11
Land	10,077	3,044	2,922	2,922	2,679
Buildings	43,529	43,487	43,444	-	-
Machinery	503,600	508,898	520,446	502,897	385,535
Construction In Progress	4,164	1,393	2,987	35,633	70,120

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