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	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12,853	4,892	3,743	30,907
Short-Term Investments	-	16,273	4,763	-
Trading Asset Securities	9,750	15,151	1,013	-
Cash & Short-Term Investments	22,603	36,316	9,518	30,907
Cash Growth	-42.16%	281.54%	-69.20%	-
Accounts Receivable	322.1	1,097	793.87	480.06
Other Receivables	378.66	610.21	151.33	155.97
Receivables	700.75	1,707	945.2	636.03
Inventory	22.01	19.87	35.59	38.03
Prepaid Expenses	349.08	313.04	372.27	365.72
Other Current Assets	1,374	585.36	711.67	453.57
Total Current Assets	25,049	38,941	11,583	32,401
Property, Plant & Equipment	16,633	16,788	18,072	14,846
Long-Term Investments	4,327	-	8,088	-
Other Intangible Assets	253.53	273.94	183.36	100.83
Long-Term Accounts Receivable	-	-	-0	-0
Long-Term Deferred Charges	157.55	281.77	447.4	613.03
Other Long-Term Assets	423.88	539.14	851.36	336.77
Total Assets	46,847	56,827	39,225	48,297
Accounts Payable	15.64	5.09	138.22	4.79
Accrued Expenses	840.81	730.55	863.44	766.24
Short-Term Debt	1,400	1,400	1,400	900
Current Portion of Long-Term Debt	4,753	236.31	441.49	5,433
Current Portion of Leases	227.48	202.05	888.81	150.31
Current Income Taxes Payable	-	54.84	-	-
Other Current Liabilities	1,415	1,796	3,211	26,121
Total Current Liabilities	8,652	4,425	6,943	33,376
Long-Term Debt	347	5,022	5,258	249.88
Long-Term Leases	656.69	759.54	964.06	187.23
Long-Term Deferred Tax Liabilities	1,397	1,397	1,404	1,259
Other Long-Term Liabilities	479.42	382.39	424.88	287.87
Total Liabilities	11,532	11,987	14,994	35,360
Common Stock	5,572	5,528	342	184.49
Additional Paid-In Capital	67,302	66,854	40,890	9,961
Retained Earnings	-40,475	-30,603	-20,246	-11,764
Comprehensive Income & Other	2,916	3,061	3,244	2,058
Total Common Equity	35,315	44,841	24,231	438.96
Shareholders' Equity	35,315	44,841	24,231	12,937
Total Liabilities & Equity	46,847	56,827	39,225	48,297
Total Debt	7,384	7,620	8,953	6,921
Net Cash (Debt)	15,219	28,696	565.45	23,987
Net Cash Growth	-51.38%	4974.80%	-97.64%	-
Net Cash Per Share	1372.61	2920.54	114.41	6123.48
Filing Date Shares Outstanding	11.14	11.06	6.84	3.92
Total Common Shares Outstanding	11.14	11.06	6.84	3.92
Working Capital	16,398	34,516	4,640	-974.69
Book Value Per Share	3168.75	4055.59	3542.48	112.06
Tangible Book Value	35,062	44,567	24,047	338.13
Tangible Book Value Per Share	3146.00	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	2,691	2,235	1,949	991.03

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