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 2025	FY 2024	FY 2023	FY 2022	FY 2021
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	Dec '21 Dec 31, 2021
Cash & Equivalents	78,404	42,102	85,340	61,022	79,612	118,854
Short-Term Investments	241.37	35,001	541.63	11,584	24,999	26,362
Trading Asset Securities	-	-	-	4,236	48,945	37,040
Cash & Short-Term Investments	78,646	77,103	85,882	76,843	153,556	182,256
Cash Growth	-10.84%	-10.22%	11.76%	-49.96%	-15.75%	17.27%
Accounts Receivable	101,037	93,271	97,562	105,461	114,690	115,219
Other Receivables	2,884	2,125	1,858	2,910	1,728	710.41
Receivables	104,532	96,040	101,890	111,296	117,996	118,141
Inventory	183,544	163,193	156,774	174,831	179,247	175,038
Prepaid Expenses	880.79	1,116	1,246	1,056	1,345	1,151
Other Current Assets	2,246	1,790	2,441	2,117	3,966	3,432
Total Current Assets	369,848	339,243	348,234	366,143	456,110	480,017
Property, Plant & Equipment	720,853	723,093	289,980	320,370	343,755	373,869
Long-Term Investments	2,592	2,592	2,222	6,972	8,594	10,404
Other Intangible Assets	5,508	5,622	2,213	5,977	10,493	13,840
Long-Term Accounts Receivable	-	1,418	1,539	0	-0	-0
Long-Term Deferred Tax Assets	1,888	1,895	60,955	54,906	53,031	35,434
Other Long-Term Assets	19,765	20,487	16,978	20,803	21,663	12,276
Total Assets	1,121,482	1,095,486	724,194	779,728	902,259	937,403
Accounts Payable	64,122	47,037	40,034	56,438	50,643	48,821
Accrued Expenses	6,283	8,052	8,402	7,477	6,433	5,452
Short-Term Debt	1,000	1,000	1,000	1,000	37,100	-
Current Portion of Leases	5,413	4,255	3,744	6,054	6,986	7,661
Current Income Taxes Payable	413.63	208.24	231.38	371.63	33.68	4,117
Other Current Liabilities	48,545	31,406	32,070	30,042	46,995	30,821
Total Current Liabilities	125,776	91,958	85,481	101,382	148,192	96,871
Long-Term Leases	7,533	7,960	6,427	10,561	15,671	21,879
Pension & Post-Retirement Benefits	-	-	-	-	-	5,238
Long-Term Deferred Tax Liabilities	46,985	45,623	-	-	-	-
Other Long-Term Liabilities	781.53	877.82	500.58	504.65	444.9	453.23
Total Liabilities	181,076	146,418	92,408	112,448	164,308	124,442
Common Stock	4,600	4,600	4,600	4,600	4,433	4,433
Additional Paid-In Capital	8,134	8,134	8,442	8,442	1,617	1,617
Retained Earnings	599,667	559,534	605,737	632,033	709,695	784,705
Treasury Stock	-11,862	-8,373	-32,299	-23,101	-23,101	-23,101
Comprehensive Income & Other	339,868	385,174	45,306	45,306	45,306	45,306
Shareholders' Equity	940,406	949,069	631,786	667,280	737,951	812,961
Total Liabilities & Equity	1,121,482	1,095,486	724,194	779,728	902,259	937,403
Total Debt	13,946	13,214	11,170	17,615	59,758	29,541
Net Cash (Debt)	64,700	63,889	74,712	59,228	93,798	152,715
Net Cash Growth	-16.25%	-14.49%	26.14%	-36.86%	-38.58%	31.87%
Net Cash Per Share	11002.69	10712.82	8069.53	6848.55	11082.39	18043.42
Filing Date Shares Outstanding	7.88	5.89	6.26	6.8	6.8	6.8
Total Common Shares Outstanding	7.88	5.89	6.26	8.46	8.46	8.46
Working Capital	244,072	247,285	262,753	264,761	307,919	383,146
Book Value Per Share	119287.09	161188.28	100974.97	78839.86	87189.74	96052.18
Tangible Book Value	934,898	943,447	629,573	661,303	727,458	799,121
Tangible Book Value Per Share	118588.37	160233.52	100621.29	78133.62	85949.98	94417.01
Land	512,930	512,930	66,297	67,022	67,022	67,022
Buildings	310,144	310,121	311,604	312,027	310,521	309,684
Machinery	575,534	574,576	586,004	598,652	605,992	603,304
Construction In Progress	859.53	853.07	516.85	446.85	1,188	743.08