Top Run Total Solution 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	91,725	66,054	101,018	37,633	33,683	31,492
Short-Term Investments	31,813	-	-	-	-	3,809
Trading Asset Securities	-	2,588	693.92	3,916	4,632	-
Cash & Short-Term Investments	123,538	68,642	101,712	41,549	38,315	35,301
Cash Growth	68.75%	-32.51%	144.80%	8.44%	8.54%	-1.46%
Accounts Receivable	126,217	138,734	110,134	112,695	86,904	78,071
Other Receivables	-	-	-	-	-	3,004
Receivables	126,217	138,734	110,134	112,695	86,904	82,280
Inventory	50,704	45,927	45,022	33,280	38,424	30,794
Prepaid Expenses	7,195	5,760	7,857	6,977	4,711	1,971
Other Current Assets	20,950	7,910	7,487	5,497	2,924	6,198
Total Current Assets	328,603	266,972	272,210	199,997	171,278	156,543
Property, Plant & Equipment	209,962	203,387	159,446	148,125	130,619	122,647
Long-Term Investments	5,627	5,174	4,907	5,143	8,543	23,032
Goodwill	21,702	21,823	-	-	-	39
Other Intangible Assets	8,954	10,137	5,855	7,435	8,422	7,925
Long-Term Deferred Tax Assets	12,198	11,231	6,843	5,536	3,683	-
Other Long-Term Assets	36,872	38,342	3,226	9,559	1,030	1,699
Total Assets	623,917	557,068	452,488	375,795	323,574	311,885
Accounts Payable	98,122	81,735	93,343	93,537	96,720	97,309
Accrued Expenses	12,778	15,680	13,050	-	-	10,134
Short-Term Debt	133,688	148,443	92,560	99,614	64,402	87,093
Current Portion of Long-Term Debt	13,741	14,665	8,243	8,951	1,397	2,430
Current Portion of Leases	2,673	2,599	2,515	4,638	4,447	-
Current Income Taxes Payable	473.2	691.75	1,143	245.36	841.63	1,607
Current Unearned Revenue	267.06	355.04	400.64	394.45	369.35	-
Other Current Liabilities	27,507	28,187	21,325	30,922	20,788	7,594
Total Current Liabilities	289,249	292,355	232,580	238,301	188,963	206,166
Long-Term Debt	102,245	57,522	25,416	25,512	53,097	32,265
Long-Term Leases	4,321	4,613	5,541	3,740	4,831	-
Pension & Post-Retirement Benefits	5,264	5,213	4,113	3,273	2,088	2,077
Long-Term Deferred Tax Liabilities	805.53	801.72	313.78	354.83	-	-
Other Long-Term Liabilities	10,545	2,643	362.83	10,104	364.7	273.57
Total Liabilities	412,430	363,149	268,326	281,285	249,344	240,782
Common Stock	19,573	19,573	9,786	517.72	517.72	500
Additional Paid-In Capital	55,075	43,834	58,719	4,030	3,860	-
Retained Earnings	107,467	114,548	107,253	88,107	66,678	67,342
Comprehensive Income & Other	16,838	4,299	5,742	-535.6	-1,078	212.89
Total Common Equity	198,953	182,254	181,501	92,120	69,977	68,055
Minority Interest	11,287	11,664	2,660	2,391	4,252	3,048
Shareholders' Equity	211,487	193,919	184,161	94,511	74,229	71,103
Total Liabilities & Equity	623,917	557,068	452,488	375,795	323,574	311,885
Total Debt	256,669	227,843	134,275	142,455	128,173	121,787
Net Cash (Debt)	-133,131	-159,201	-32,563	-100,906	-89,858	-86,486
Net Cash Per Share	-3398.74	-4066.90	-949.53	-3480.43	-44531.41	-43243.23
Filing Date Shares Outstanding	39.12	39.15	39.15	2.07	2.07	2
Total Common Shares Outstanding	39.12	39.15	39.15	2.07	2.07	2
Working Capital	39,354	-25,383	39,631	-38,304	-17,685	-49,623
Book Value Per Share	5085.67	4655.82	4636.57	44483.37	33791.07	34027.65
Tangible Book Value	168,298	150,294	175,645	84,685	61,556	60,092
Tangible Book Value Per Share	4302.05	3839.36	4486.98	40893.01	29724.38	30045.79
Land	27,183	26,229	17,249	18,324	10,064	11,590
Buildings	111,513	104,533	80,996	74,924	63,459	59,412
Machinery	233,167	221,236	184,226	159,986	176,763	156,780
Construction In Progress	14,903	16,947	7,844	3,222	1,339	4,773