NRB Inc. Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	6,054	10,957	3,351	14,088	10,094
Short-Term Investments	433.34	424.44	343.68	1	-
Cash & Short-Term Investments	6,697	11,382	3,695	14,089	10,094
Cash Growth	-12.42%	208.06%	-73.78%	39.58%	-
Accounts Receivable	4,934	4,567	39.06	2,832	257
Other Receivables	-	104.95	1,046	829.88	198.53
Receivables	4,934	4,672	1,085	3,662	455.54
Inventory	4,448	4,118	3,333	5,165	8,693
Prepaid Expenses	-	420.41	303.19	1,006	1,789
Other Current Assets	14,568	7,567	5,470	2,893	1,742
Total Current Assets	30,647	28,159	13,887	26,814	22,772
Property, Plant & Equipment	175,470	138,939	117,179	97,541	53,314
Long-Term Investments	889.63	824.81	718.87	369.68	158.73
Other Intangible Assets	196.35	207.53	225.52	200.82	55.27
Long-Term Deferred Tax Assets	7,126	6,592	3,459	2,022	295.12
Other Long-Term Assets	581.68	542.62	278.96	930.15	506.56
Total Assets	214,910	175,265	135,748	127,878	77,102
Accounts Payable	5,373	5,449	9,601	14,363	9,176
Accrued Expenses	-	1,654	1,289	1,568	1,989
Short-Term Debt	14,939	19,130	5,800	6,100	2,199
Current Portion of Long-Term Debt	20,793	22,886	37,247	7,732	6,607
Current Portion of Leases	352.46	272.87	284.45	282.54	79.68
Current Income Taxes Payable	689.62	278.76	2,520	2,940	-
Other Current Liabilities	31,613	17,847	16,958	15,547	10,358
Total Current Liabilities	73,761	67,519	73,699	48,533	30,408
Long-Term Debt	47,851	18,944	18,915	51,720	59,863
Long-Term Leases	278.37	276.2	208.08	328.37	84.36
Pension & Post-Retirement Benefits	1,225	1,085	597.3	260.82	183.05
Other Long-Term Liabilities	2,262	1,939	2,611	1,134	274.3
Total Liabilities	125,376	89,763	96,030	101,976	90,813
Common Stock	5,413	5,255	4,140	372.5	350
Additional Paid-In Capital	83,958	77,364	33,515	5,011	33.34
Retained Earnings	-14,343	-11,124	-10,587	-12,563	-14,093
Comprehensive Income & Other	14,506	14,007	12,651	423.48	-1.71
Total Common Equity	89,534	85,502	39,718	-6,756	-13,711
Shareholders' Equity	89,534	85,502	39,718	25,903	-13,711
Total Liabilities & Equity	214,910	175,265	135,748	127,878	77,102
Total Debt	84,214	61,509	62,454	66,162	68,833
Net Cash (Debt)	-77,517	-50,128	-58,759	-52,074	-58,739
Net Cash Per Share	-7887.67	-5428.57	-7287.72	-9267.48	-83913.27
Filing Date Shares Outstanding	10.69	10.51	8.28	0.75	0.7
Total Common Shares Outstanding	10.69	10.51	8.28	0.75	0.7
Working Capital	-43,114	-39,360	-59,812	-21,718	-7,636
Book Value Per Share	8373.67	8135.38	4797.18	-9068.13	-19587.58
Tangible Book Value	89,338	85,294	39,493	-6,957	-13,767
Tangible Book Value Per Share	8355.31	8115.63	4769.94	-9337.69	-19666.54
Land	19,573	19,573	19,573	13,628	13,628
Buildings	17,016	17,610	14,856	8,447	8,447
Machinery	15,105	5,861	3,905	861.31	470.75
Construction In Progress	51,660	24,297	8,106	8,021	3,804