P&K Skin Research Center 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	3,968	6,461	9,797	4,982
Short-Term Investments	-	3,761	13,037	-
Trading Asset Securities	35,021	30,489	21,854	52,481
Cash & Short-Term Investments	38,990	40,711	44,688	57,463
Cash Growth	-4.23%	-8.90%	-22.23%	-
Accounts Receivable	1,977	1,372	1,670	1,898
Other Receivables	520.13	642.79	1,188	686.01
Receivables	5,298	5,414	5,908	2,584
Inventory	59.13	-	-	-
Prepaid Expenses	853.64	903.54	468.39	289.65
Other Current Assets	592.41	1,135	14.72	22.31
Total Current Assets	45,793	48,164	51,079	60,359
Property, Plant & Equipment	4,284	3,639	4,639	4,571
Long-Term Investments	34,757	29,216	19,761	8,499
Other Intangible Assets	198.35	198.35	198.35	165.01
Long-Term Deferred Tax Assets	778.97	328.11	4.78	67.88
Other Long-Term Assets	713.79	494.02	1,725	877.46
Total Assets	86,524	82,040	77,407	74,539
Accounts Payable	65.04	-	-	-
Accrued Expenses	1,608	1,608	981.33	1,125
Current Portion of Leases	451.04	358.39	354.27	331.81
Current Income Taxes Payable	792.09	738.34	-	526.57
Other Current Liabilities	2,129	2,042	1,254	1,102
Total Current Liabilities	5,045	4,747	2,590	3,085
Long-Term Leases	602.75	164.64	313.96	409.2
Other Long-Term Liabilities	393.98	272.17	263.81	238.2
Total Liabilities	6,042	5,184	3,168	3,732
Common Stock	15,005	15,005	15,005	15,005
Additional Paid-In Capital	13,323	13,323	13,323	13,323
Retained Earnings	55,114	51,406	46,304	42,363
Treasury Stock	-2,996	-2,996	-610.61	-
Comprehensive Income & Other	197.67	197.67	181.83	116.12
Total Common Equity	80,643	76,935	74,203	70,807
Minority Interest	-161.11	-79.33	36.25	-
Shareholders' Equity	80,482	76,856	74,239	70,807
Total Liabilities & Equity	86,524	82,040	77,407	74,539
Total Debt	1,054	523.03	668.23	741.01
Net Cash (Debt)	37,936	40,188	44,019	56,722
Net Cash Growth	-5.60%	-8.70%	-22.39%	-
Net Cash Per Share	1313.49	1384.13	1467.71	1902.25
Filing Date Shares Outstanding	28.88	28.88	29.77	30.01
Total Common Shares Outstanding	28.88	28.88	29.77	30.01
Working Capital	40,747	43,417	48,489	57,274
Book Value Per Share	2792.19	2663.79	2492.92	2359.40
Tangible Book Value	80,445	76,737	74,005	70,642
Tangible Book Value Per Share	2785.32	2656.93	2486.25	2353.91
Machinery	9,497	8,521	7,999	6,672
Construction In Progress	24.86	86.48	70.77	184.77

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.