NRB Inc. 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	10,957	3,351	14,088	10,094
Short-Term Investments	424.44	343.68	1	-
Cash & Short-Term Investments	11,382	3,695	14,089	10,094
Cash Growth	208.06%	-73.78%	39.58%	-
Accounts Receivable	4,567	39.06	2,832	257
Other Receivables	104.95	1,046	829.88	198.53
Receivables	4,672	1,085	3,662	455.54
Inventory	4,118	3,333	5,165	8,693
Prepaid Expenses	420.41	303.19	1,006	1,789
Other Current Assets	7,567	5,470	2,893	1,742
Total Current Assets	28,159	13,887	26,814	22,772
Property, Plant & Equipment	138,939	117,179	97,541	53,314
Long-Term Investments	824.81	718.87	369.68	158.73
Other Intangible Assets	207.53	225.52	200.82	55.27
Long-Term Deferred Tax Assets	6,592	3,459	2,022	295.12
Other Long-Term Assets	542.62	278.96	930.15	506.56
Total Assets	175,265	135,748	127,878	77,102
Accounts Payable	5,449	9,601	14,363	9,176
Accrued Expenses	1,654	1,289	1,568	1,989
Short-Term Debt	19,130	5,800	6,100	2,199
Current Portion of Long-Term Debt	22,886	37,247	7,732	6,607
Current Portion of Leases	272.87	284.45	282.54	79.68
Current Income Taxes Payable	278.76	2,520	2,940	-
Other Current Liabilities	17,847	16,958	15,547	10,358
Total Current Liabilities	67,519	73,699	48,533	30,408
Long-Term Debt	18,944	18,915	51,720	59,863
Long-Term Leases	276.2	208.08	328.37	84.36
Pension & Post-Retirement Benefits	1,085	597.3	260.82	183.05
Other Long-Term Liabilities	1,939	2,611	1,134	274.3
Total Liabilities	89,763	96,030	101,976	90,813
Common Stock	5,255	4,140	372.5	350
Additional Paid-In Capital	77,364	33,515	5,011	33.34
Retained Earnings	-11,124	-10,587	-12,563	-14,093
Comprehensive Income & Other	14,007	12,651	423.48	-1.71
Total Common Equity	85,502	39,718	-6,756	-13,711
Shareholders' Equity	85,502	39,718	25,903	-13,711
Total Liabilities & Equity	175,265	135,748	127,878	77,102
Total Debt	61,509	62,454	66,162	68,833
Net Cash (Debt)	-50,128	-58,759	-52,074	-58,739
Net Cash Per Share	-5458.29	-7282.91	-9267.48	-83913.27
Filing Date Shares Outstanding	10.24	8.28	0.75	0.7
Total Common Shares Outstanding	10.24	8.28	0.75	0.7
Working Capital	-39,360	-59,812	-21,718	-7,636
Book Value Per Share	8346.04	4797.18	-9068.13	-19587.58
Tangible Book Value	85,294	39,493	-6,957	-13,767
Tangible Book Value Per Share	8325.78	4769.94	-9337.69	-19666.54
Land	19,573	19,573	13,628	13,628
Buildings	17,610	14,856	8,447	8,447
Machinery	5,861	3,905	861.31	470.75
Construction In Progress	24,297	8,106	8,021	3,804

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