F&F 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	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	681,138	396,946	159,183	278,014	146,749	71,088
Short-Term Investments	13,122	16,381	8,388	53,894	60,395	7,110
Trading Asset Securities	1,611	50.07	38.24	353.48	8,807	27,802
Cash & Short-Term Investments	695,870	413,377	167,609	332,262	215,952	106,000
Cash Growth	235.23%	146.63%	-49.55%	53.86%	103.73%	-59.42%
Accounts Receivable	150,560	150,752	133,188	120,777	132,823	102,316
Other Receivables	17,444	25,352	19,509	22,304	22,711	15,042
Receivables	168,005	176,103	152,697	143,081	160,003	127,858
Inventory	385,593	403,163	326,573	340,394	298,924	243,751
Prepaid Expenses	27,009	16,588	11,584	9,383	15,991	4,836
Other Current Assets	11,220	12,431	19,190	13,371	14,927	5,178
Total Current Assets	1,287,698	1,021,662	677,653	838,491	705,797	487,623
Property, Plant & Equipment	600,029	658,896	755,894	397,985	284,014	255,756
Long-Term Investments	835,648	837,131	795,168	787,543	767,621	673,093
Goodwill	1,385,833	1,385,457	1,385,625	1,401,100	1,400,994	1,378,589
Other Intangible Assets	321,929	331,070	396,441	387,574	412,794	357,796
Long-Term Accounts Receivable	0	-	-	-	3,554	-
Long-Term Deferred Tax Assets	16.34	15.67	30.7	24.64	3,288	2,299
Other Long-Term Assets	66,411	109,413	22,441	27,800	17,056	16,483
Total Assets	4,497,564	4,343,644	4,033,253	3,840,525	3,595,118	3,171,939

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
Accounts Payable	73,404	105,586	104,212	94,975	103,948	105,852
Accrued Expenses	32,976	45,632	42,626	37,472	28,457	20,773
Short-Term Debt	203,391	186,267	145,635	42,161	194,972	210,642
Current Portion of Long-Term Debt	-	-	-	-	10,810	10,739
Current Portion of Leases	47,139	47,054	49,081	47,302	27,141	18,392
Current Income Taxes Payable	120,772	91,385	71,178	93,572	96,814	88,020
Current Unearned Revenue	28,287	23,110	37,049	36,057	25,967	19,154
Other Current Liabilities	153,203	73,300	67,927	142,182	94,162	100,028
Total Current Liabilities	659,173	572,334	517,708	493,721	582,271	573,601
Long-Term Debt	-	-	-	295	295	-
Long-Term Leases	43,958	50,417	60,222	65,617	27,246	12,711
Pension & Post-Retirement Benefits	944.91	41.48	86.08	947.63	87.8	1,279
Long-Term Deferred Tax Liabilities	58,360	64,920	76,860	75,277	90,611	73,996
Other Long-Term Liabilities	5,295	13,069	8,478	9,610	5,575	6,443
Total Liabilities	767,732	700,781	663,354	645,468	706,086	668,030

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
Common Stock	19,557	19,557	19,557	19,557	19,557	19,557
Additional Paid-In Capital	1,496,731	1,496,731	1,499,410	1,523,837	1,551,467	1,554,940
Retained Earnings	2,936,720	2,890,947	2,783,188	2,691,263	2,583,177	2,457,451
Treasury Stock	-4,590	-4,590	-4,590	-4,590	-4,590	-4,590
Comprehensive Income & Other	-2,087,841	-2,090,527	-2,089,340	-2,094,177	-2,098,713	-2,098,651
Total Common Equity	2,360,577	2,312,119	2,208,224	2,135,890	2,050,898	1,928,707
Minority Interest	1,369,254	1,330,744	1,161,675	1,059,166	838,134	575,202
Shareholders' Equity	3,729,831	3,642,863	3,369,900	3,195,056	2,889,032	2,503,909
Total Liabilities & Equity	4,497,564	4,343,644	4,033,253	3,840,525	3,595,118	3,171,939

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
Total Debt	294,488	283,737	254,938	155,375	260,464	252,484
Net Cash (Debt)	401,382	129,639	-87,329	176,887	-44,512	-146,484
Net Cash Growth	1304.80%	-	-	-	-	-
Net Cash Per Share	10273.43	3318.14	-2235.57	4527.44	-1139.30	-6744.08
Filing Date Shares Outstanding	39.07	39.07	39.07	39.07	39.07	39.07
Total Common Shares Outstanding	39.07	39.07	39.07	39.07	39.07	39.07
Working Capital	628,524	449,328	159,945	344,769	123,526	-85,978
Book Value Per Share	60419.35	59179.04	56519.84	54668.45	52493.07	49365.56
Tangible Book Value	652,816	595,592	426,158	347,217	237,111	192,322
Tangible Book Value Per Share	16708.92	15244.27	10907.58	8887.07	6068.88	4922.52
Land	311,414	353,359	411,586	92,929	92,860	89,401
Buildings	164,460	201,210	127,961	127,497	126,062	110,313
Machinery	18,614	40,129	29,068	25,392	19,341	10,182
Construction In Progress	493.61	434.57	101,385	52,036	1,277	-