Virnect Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6,767	4,892	3,743	30,907
Short-Term Investments	7,900	16,273	4,763	-
Trading Asset Securities	11,037	15,151	1,013	-
Cash & Short-Term Investments	25,704	36,316	9,518	30,907
Cash Growth	106.64%	281.54%	-69.20%	-
Accounts Receivable	132.22	1,097	793.87	480.06
Other Receivables	554.69	610.21	151.33	155.97
Receivables	686.91	1,707	945.2	636.03
Inventory	35.05	19.87	35.59	38.03
Prepaid Expenses	137.58	313.04	372.27	365.72
Other Current Assets	1,120	585.36	711.67	453.57
Total Current Assets	27,684	38,941	11,583	32,401
Property, Plant & Equipment	16,717	16,788	18,072	14,846
Long-Term Investments	4,389	-	8,088	-
Other Intangible Assets	268.1	273.94	183.36	100.83
Long-Term Accounts Receivable	0	-	-0	-0
Long-Term Deferred Charges	198.96	281.77	447.4	613.03
Other Long-Term Assets	422.47	539.14	851.36	336.77
Total Assets	49,684	56,827	39,225	48,297
Accounts Payable	23.93	5.09	138.22	4.79
Accrued Expenses	872.25	730.55	863.44	766.24
Short-Term Debt	1,400	1,400	1,400	900
Current Portion of Long-Term Debt	311.28	236.31	441.49	5,433
Current Portion of Leases	262.11	202.05	888.81	150.31
Current Income Taxes Payable	-	54.84	-	-
Other Current Liabilities	916.89	1,796	3,211	26,121
Total Current Liabilities	3,786	4,425	6,943	33,376
Long-Term Debt	4,839	5,022	5,258	249.88
Long-Term Leases	701.4	759.54	964.06	187.23
Long-Term Deferred Tax Liabilities	1,397	1,397	1,404	1,259
Other Long-Term Liabilities	450.41	382.39	424.88	287.87
Total Liabilities	11,174	11,987	14,994	35,360
Common Stock	5,572	5,528	342	184.49
Additional Paid-In Capital	67,300	66,854	40,890	9,961
Retained Earnings	-37,274	-30,603	-20,246	-11,764
Comprensive Income & Other	2,911	3,061	3,244	2,058
Total Common Equity	38,509	44,841	24,231	438.96
Shareholders' Equity	38,509	44,841	24,231	12,937
Total Liabilities & Equity	49,684	56,827	39,225	48,297
Total Debt	7,514	7,620	8,953	6,921
Net Cash (Debt)	18,191	28,696	565.45	23,987
Net Cash Growth	384.51%	4974.80%	-97.64%	-
Net Cash Per Share	1666.07	2920.54	114.41	6123.48
Filing Date Shares Outstanding	11.13	11.06	6.84	3.92
Total Common Shares Outstanding	11.13	11.06	6.84	3.92
Working Capital	23,898	34,516	4,640	-974.69
Book Value Per Share	3459.77	4055.59	3542.48	112.06
Tangible Book Value	38,241	44,567	24,047	338.13
Tangible Book Value Per Share	3435.69	4030.81	3515.67	86.32
Land	14,240	14,240	14,240	13,279
Buildings	736.51	736.51	736.51	736.51
Machinery	2,533	2,235	1,949	991.03

Source: S&P Capital IQ. Standard template. Financial Sources.