HANDOK 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	25,068	53,044	16,555	36,846	30,439
Trading Asset Securities	3,000	3,000	3,500	3,000	5,000
Cash & Short-Term Investments	28,068	56,044	20,055	39,846	35,439
Cash Growth	-49.92%	179.45%	-49.67%	12.44%	5.17%
Accounts Receivable	157,059	138,341	139,573	165,141	164,430
Other Receivables	29,870	26,395	26,798	6,180	6,763
Receivables	187,069	164,901	167,187	172,465	172,371
Inventory	94,393	97,901	94,465	92,463	84,097
Prepaid Expenses	3,016	3,208	2,157	3,778	3,342
Other Current Assets	7,129	5,499	11,426	45,620	30,278
Total Current Assets	319,674	327,554	295,290	354,172	325,526
Property, Plant & Equipment	213,548	219,259	224,473	221,430	210,669
Long-Term Investments	113,553	102,250	123,190	147,611	169,209
Goodwill	44,503	44,634	44,469	44,749	45,282
Other Intangible Assets	37,830	39,798	38,458	37,989	35,809
Long-Term Deferred Tax Assets	5,389	-	-	-	-
Other Long-Term Assets	55,046	53,832	60,283	64,728	54,447
Total Assets	790,750	788,555	790,340	871,106	841,562
Accounts Payable	65,105	61,211	81,905	108,702	92,677
Accrued Expenses	9,486	8,793	8,225	9,217	9,185
Short-Term Debt	241,741	204,240	124,638	77,469	118,165
Current Portion of Long-Term Debt	54,751	24,328	49,881	34,883	-
Current Portion of Leases	724.41	677.21	733.46	400.15	754.22
Current Income Taxes Payable	1,061	346.82	294.43	5,078	4,667
Current Unearned Revenue	3,137	2,137	1,915	1,919	20.52
Other Current Liabilities	39,076	39,263	33,876	33,262	52,317
Total Current Liabilities	415,082	340,996	301,468	270,930	277,787
Long-Term Debt	80,507	142,914	123,780	184,690	138,786
Long-Term Leases	852.44	1,234	977.84	845.67	689.05
Long-Term Unearned Revenue	-	-	-	-	1,895
Pension & Post-Retirement Benefits	100.83	118.54	53.88	13.48	990.86
Long-Term Deferred Tax Liabilities	-	610.96	8,459	17,717	26,371
Other Long-Term Liabilities	15,887	13,621	14,967	15,054	11,047
Total Liabilities	512,429	499,495	449,707	489,250	457,565
Common Stock	6,882	6,882	6,882	6,882	6,882
Additional Paid-In Capital	39,783	39,783	39,783	39,783	37,917
Retained Earnings	225,667	227,735	253,303	298,593	288,921
Treasury Stock	-9,320	-	-	-	-
Comprehensive Income & Other	13,596	12,862	38,764	34,555	50,277
Total Common Equity	276,609	287,262	338,732	379,812	383,996
Minority Interest	1,713	1,798	1,901	2,044	-
Shareholders' Equity	278,321	289,060	340,633	381,856	383,996
Total Liabilities & Equity	790,750	788,555	790,340	871,106	841,562
Total Debt	378,576	373,394	300,011	298,288	258,394
Net Cash (Debt)	-350,508	-317,350	-279,956	-258,442	-222,956
Net Cash Per Share	-26373.51	-23057.35	-20331.54	-18769.12	-16191.94
Filing Date Shares Outstanding	11.84	13.76	13.76	13.76	13.76
Total Common Shares Outstanding	11.84	13.76	13.76	13.76	13.76
Working Capital	-95,408	-13,442	-6,178	83,242	47,740
Book Value Per Share	23355.81	20871.26	24610.83	27595.57	27899.55
Tangible Book Value	194,275	202,831	255,805	297,074	302,905
Tangible Book Value Per Share	16403.89	14736.83	18585.71	21584.14	22007.78
Land	67,102	66,812	66,849	64,978	60,916
Buildings	150,844	150,539	149,088	148,867	142,734
Machinery	156,554	152,873	143,984	141,986	131,704
Construction In Progress	6,251	7,739	14,720	8,168	7,051

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