HANPASS 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	40,512	16,836	9,881
Short-Term Investments	48,707	36,847	11,283
Cash & Short-Term Investments	89,220	53,682	21,164
Cash Growth	66.20%	153.65%	-
Accounts Receivable	0	14.05	65.11
Other Receivables	3,527	5,517	12,751
Receivables	3,971	5,949	12,961
Prepaid Expenses	1,196	1,127	571.26
Other Current Assets	823.83	878.95	626.99
Total Current Assets	95,211	61,638	35,323
Property, Plant & Equipment	8,588	6,831	3,999
Long-Term Investments	13,163	12,251	5,025
Goodwill	263.37	263.37	-
Other Intangible Assets	2,294	2,683	1,804
Long-Term Deferred Tax Assets	367.52	731.02	1,177
Other Long-Term Assets	1,627	997.14	655.23
Total Assets	121,893	85,678	48,146
Accrued Expenses	501.74	289.48	1,084
Short-Term Debt	23,187	16,139	14,921
Current Portion of Long-Term Debt	4,500	500	-
Current Portion of Leases	1,214	1,066	646.34
Current Income Taxes Payable	1.65	1.69	-
Other Current Liabilities	40,178	62,860	49,683
Total Current Liabilities	69,582	80,856	66,334
Long-Term Debt	6,097	875	-
Long-Term Leases	3,808	3,766	2,012
Pension & Post-Retirement Benefits	-	1,287	909.55
Other Long-Term Liabilities	315.18	280.86	176.37
Total Liabilities	79,803	87,064	69,432
Common Stock	4,720	2,561	2,510
Additional Paid-In Capital	62,687	1,290	-
Retained Earnings	-25,323	-31,929	-36,198
Comprehensive Income & Other	6.88	12.25	-
Total Common Equity	42,090	-28,065	-33,688
Shareholders' Equity	42,090	-1,386	-21,286
Total Liabilities & Equity	121,893	85,678	48,146
Total Debt	38,806	22,345	17,580
Net Cash (Debt)	50,413	31,337	3,584
Net Cash Growth	60.87%	774.47%	-
Net Cash Per Share	6815.66	3651.52	713.86
Filing Date Shares Outstanding	9.45	5.12	5.02
Total Common Shares Outstanding	9.45	5.12	5.02
Working Capital	25,628	-19,218	-31,011
Book Value Per Share	4451.85	-5479.39	-6710.76
Tangible Book Value	39,532	-31,011	-35,492
Tangible Book Value Per Share	4181.36	-6054.59	-7070.10
Buildings	8.69	8.87	-
Machinery	2,140	1,753	1,316

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