Namyang Dairy Products Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	43,269	85,340	61,022	79,612	118,854	64,834
Short-Term Investments	33,800	541.63	11,584	24,999	26,362	16,962
Trading Asset Securities	-	-	4,236	48,945	37,040	73,626
Cash & Short-Term Investments	77,070	85,882	76,843	153,556	182,256	155,421
Cash Growth	-6.93%	11.76%	-49.96%	-15.75%	17.27%	-29.11%
Accounts Receivable	102,042	97,562	105,461	114,690	115,219	133,990
Other Receivables	4,236	1,858	2,910	1,728	710.41	1,392
Receivables	106,993	101,890	111,296	117,996	118,141	138,195
Inventory	159,371	156,774	174,831	179,247	175,038	209,318
Prepaid Expenses	1,652	1,246	1,056	1,345	1,151	1,050
Other Current Assets	2,650	2,441	2,117	3,966	3,432	3,831
Total Current Assets	347,735	348,234	366,143	456,110	480,017	507,815
Property, Plant & Equipment	277,122	289,980	320,370	343,755	373,869	419,095
Long-Term Investments	2,222	2,222	6,972	8,594	10,404	9,805
Other Intangible Assets	2,227	2,213	5,977	10,493	13,840	20,312
Long-Term Accounts Receivable	1,449	1,539	0	-0	-0	0
Long-Term Deferred Tax Assets	60,268	60,955	54,906	53,031	35,434	16,178
Other Long-Term Assets	15,754	16,978	20,803	21,663	12,276	14,188
Total Assets	708,077	724,194	779,728	902,259	937,403	1,001,076
Accounts Payable	49,807	40,034	56,438	50,643	48,821	51,161
Accrued Expenses	7,502	8,402	7,477	6,433	5,452	5,416
Short-Term Debt	1,000	1,000	1,000	37,100	-	-
Current Portion of Leases	3,805	3,744	6,054	6,986	7,661	9,608
Current Income Taxes Payable	184.97	231.38	371.63	33.68	4,117	103.36
Other Current Liabilities	29,636	32,070	30,042	46,995	30,821	31,079
Total Current Liabilities	91,935	85,481	101,382	148,192	96,871	97,367
Long-Term Leases	6,682	6,427	10,561	15,671	21,879	30,009
Pension & Post-Retirement Benefits	-	-	-	-	5,238	-
Other Long-Term Liabilities	540.09	500.58	504.65	444.9	453.23	474.44
Total Liabilities	99,157	92,408	112,448	164,308	124,442	127,850
Common Stock	4,600	4,600	4,600	4,433	4,433	4,433
Additional Paid-In Capital	8,134	8,442	8,442	1,617	1,617	1,617
Retained Earnings	604,559	605,737	632,033	709,695	784,705	890,276
Treasury Stock	-8,373	-32,299	-23,101	-23,101	-23,101	-23,101
Comprehensive Income & Other	0	45,306	45,306	45,306	45,306	-0
Shareholders' Equity	608,920	631,786	667,280	737,951	812,961	873,226
Total Liabilities & Equity	708,077	724,194	779,728	902,259	937,403	1,001,076
Total Debt	11,486	11,170	17,615	59,758	29,541	39,617
Net Cash (Debt)	65,583	74,712	59,228	93,798	152,715	115,804
Net Cash Growth	-5.17%	26.14%	-36.86%	-38.58%	31.87%	-34.85%
Net Cash Per Share	9938.28	8619.90	6848.55	11082.39	18043.42	13682.39
Filing Date Shares Outstanding	5.86	6.26	6.8	6.8	6.8	6.8
Total Common Shares Outstanding	5.86	6.26	8.46	8.46	8.46	8.46
Working Capital	255,800	262,753	264,761	307,919	383,146	410,448
Book Value Per Share	103854.22	100974.97	78839.86	87189.74	96052.18	103172.55
Tangible Book Value	606,692	629,573	661,303	727,458	799,121	852,913
Tangible Book Value Per Share	103474.37	100621.29	78133.62	85949.98	94417.01	100772.63
Land	65,887	66,297	67,022	67,022	67,022	66,991
Buildings	310,119	311,604	312,027	310,521	309,684	309,282
Machinery	580,729	586,004	598,652	605,992	603,304	614,620
Construction In Progress	820.75	516.85	446.85	1,188	743.08	1,382

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.