AK Holdings Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	365,101	424,600	353,530	500,637	499,496	515,234
Short-Term Investments	15,019	22,090	41,322	1,200	1,069	1,000
Trading Asset Securities	-	62,200	73.07	169,216	197,274	23,831
Cash & Short-Term Investments	380,121	508,890	394,925	671,054	697,838	540,064
Cash Growth	23.84%	28.86%	-41.15%	-3.84%	29.21%	-3.55%
Accounts Receivable	302,850	235,621	280,761	382,943	332,397	287,335
Other Receivables	-	26,761	136,608	22,448	25,078	47,278
Receivables	302,850	286,569	458,854	406,925	359,358	339,489
Inventory	318,136	226,474	354,332	334,076	357,702	375,434
Prepaid Expenses	21,800	14,182	13,599	11,998	9,945	12,936
Other Current Assets	262,358	255,481	110,532	96,206	145,120	84,825
Total Current Assets	1,285,264	1,291,597	1,332,242	1,520,260	1,569,964	1,352,749
Property, Plant & Equipment	3,541,432	3,561,022	3,095,852	3,031,959	2,682,002	2,512,151
Long-Term Investments	150,731	153,330	275,728	182,808	187,903	171,221
Goodwill	112,872	112,383	114,485	115,608	107,511	98,477
Other Intangible Assets	56,180	73,599	86,310	75,936	84,571	92,883
Long-Term Accounts Receivable	-	-	-	-	10.08	14.61
Long-Term Deferred Tax Assets	223,919	222,361	239,953	218,104	249,330	229,910
Long-Term Deferred Charges	6.05	6.44	7.22	8	14	21.1
Other Long-Term Assets	370,863	475,223	190,260	168,181	102,825	90,033
Total Assets	5,741,267	5,976,456	5,336,875	5,314,995	4,985,366	4,548,737

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	269,767	220,577	270,194	322,869	316,428	353,029
Accrued Expenses	64,810	74,328	79,628	69,370	63,034	54,189
Short-Term Debt	1,316,551	1,478,638	1,146,068	1,082,590	826,452	794,594
Current Portion of Long-Term Debt	109,411	221,677	102,577	210,116	221,085	130,485
Current Portion of Leases	259,314	234,066	182,762	164,922	162,521	162,864
Current Income Taxes Payable	13,334	9,370	11,306	14,537	32,403	22,086
Current Unearned Revenue	9,347	7,846	7,263	1,794	1,649	375.14
Other Current Liabilities	835,812	792,990	870,115	905,521	711,777	356,320
Total Current Liabilities	2,878,346	3,039,492	2,669,913	2,771,718	2,335,349	1,873,943
Long-Term Debt	467,035	440,517	275,130	101,084	340,615	414,106
Long-Term Leases	949,890	922,831	823,819	885,433	726,673	733,405
Long-Term Unearned Revenue	20,288	245.5	540.5	3,086	1,644	9,216
Pension & Post-Retirement Benefits	47,291	35,086	64,621	57,403	20,192	52,456
Long-Term Deferred Tax Liabilities	16,198	65,208	36,648	27,130	25,809	28,957
Other Long-Term Liabilities	361,848	346,264	217,589	171,529	240,393	234,295
Total Liabilities	4,740,896	4,849,644	4,088,260	4,017,382	3,690,675	3,346,377

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	66,238	66,238	66,238	66,238	66,238	66,238
Additional Paid-In Capital	311,344	310,318	305,396	325,365	299,120	299,220
Retained Earnings	152,473	33,808	148,177	186,169	171,874	232,756
Treasury Stock	-5,722	-5,801	-5,801	-5,801	-5,801	-5,801
Comprehensive Income & Other	11,966	6,260	11,663	6,448	6,234	7,168
Total Common Equity	536,298	410,823	525,674	578,419	537,664	599,581
Minority Interest	464,074	712,152	719,355	715,842	725,705	602,778
Shareholders' Equity	1,000,371	1,126,812	1,248,614	1,297,613	1,294,690	1,202,359
Total Liabilities & Equity	5,741,267	5,976,456	5,336,875	5,314,995	4,985,366	4,548,737

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	3,102,201	3,297,729	2,530,356	2,444,143	2,277,346	2,235,454
Net Cash (Debt)	-2,722,081	-2,788,838	-2,135,431	-1,773,090	-1,579,508	-1,695,390
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-208584.83	-213777.88	-438509.62	-135658.36	-120886.84	-129959.80
Filing Date Shares Outstanding	13.04	13.05	13.05	13.05	13.05	13.05
Total Common Shares Outstanding	13.04	13.05	13.05	13.05	13.05	13.05
Working Capital	-1,593,082	-1,747,895	-1,337,671	-1,251,459	-765,385	-521,193
Book Value Per Share	41128.62	31491.54	40295.41	44338.61	41214.56	45960.81
Tangible Book Value	367,246	224,840	324,879	386,875	345,582	408,222
Tangible Book Value Per Share	28164.05	17235.10	24903.53	29655.85	26490.50	31292.15
Land	494,308	517,149	260,930	260,868	275,431	278,872
Buildings	1,135,590	1,152,491	1,184,164	1,181,599	1,134,060	1,115,150
Machinery	559,497	610,121	544,837	546,258	508,614	482,545
Construction In Progress	651,631	503,032	575,389	408,347	304,158	100,785