N.I Steel 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	4,909	4,534	4,499	4,208	2,451
Short-Term Investments	11,049	21,585	38,389	-0	0
Trading Asset Securities	4,584	1,022	-	-	-
Cash & Short-Term Investments	20,542	27,141	42,888	4,208	2,451
Cash Growth	-24.31%	-36.72%	919.25%	71.69%	311.07%
Accounts Receivable	38,334	34,782	44,951	57,966	37,758
Other Receivables	543.06	464.61	260.32	6.8	8.51
Receivables	54,377	50,747	57,311	57,973	37,767
Inventory	30,467	31,434	48,668	45,448	40,216
Prepaid Expenses	63.02	66.47	66.1	76.55	68.36
Other Current Assets	3,214	6,205	4,154	2,605	2,344
Total Current Assets	108,663	115,594	153,087	110,310	82,846
Property, Plant & Equipment	363,973	335,515	276,563	273,473	245,483
Long-Term Investments	21,961	12,838	8,700	4,147	3,821
Other Intangible Assets	9,708	1,031	520.13	525.43	532.18
Long-Term Deferred Tax Assets	1,749	1,568	1,974	715.14	317.4
Long-Term Deferred Charges	-	-	-	-	18.17
Other Long-Term Assets	9,884	7,144	7,143	8,274	8,039
Total Assets	515,939	473,690	447,987	397,445	341,057
Accounts Payable	12,869	13,981	21,716	19,144	24,364
Accrued Expenses	1,380	1,122	1,556	1,453	1,081
Short-Term Debt	160,862	137,077	113,542	107,892	106,441
Current Portion of Long-Term Debt	9,833	13,833	19,667	12,067	14,774
Current Portion of Leases	713.89	677.96	923.76	912.89	870.11
Current Income Taxes Payable	3,027	1,979	8,582	12,746	4,230
Other Current Liabilities	19,884	18,376	21,945	22,640	16,874
Total Current Liabilities	208,569	187,047	187,932	176,854	168,634
Long-Term Debt	22,667	19,500	14,333	22,510	20,410
Long-Term Leases	722.44	256	673.75	1,371	2,012
Pension & Post-Retirement Benefits	13,485	12,314	10,808	8,475	8,107
Other Long-Term Liabilities	168.08	50	50	40	40
Total Liabilities	245,611	219,167	213,797	209,249	199,204
Common Stock	14,300	14,300	14,300	14,300	14,300
Additional Paid-In Capital	8,329	8,329	8,329	8,329	8,329
Retained Earnings	245,378	229,229	207,082	159,732	113,087
Treasury Stock	-1,589	-1,452	-	-	-
Comprehensive Income & Other	3,911	4,116	4,479	5,834	6,136
Shareholders' Equity	270,328	254,522	234,190	188,195	141,853
Total Liabilities & Equity	515,939	473,690	447,987	397,445	341,057
Total Debt	194,798	171,344	149,140	144,753	144,507
Net Cash (Debt)	-174,256	-144,204	-106,251	-140,545	-142,057
Net Cash Per Share	-	-5048.83	-3715.07	-4914.13	-4966.99
Filing Date Shares Outstanding	-	28.23	28.6	28.6	28.6
Total Common Shares Outstanding	-	28.23	28.6	28.6	28.6
Working Capital	-99,906	-71,454	-34,845	-66,543	-85,788
Book Value Per Share	-	9017.16	8188.44	6580.23	4959.88
Tangible Book Value	260,620	253,492	233,670	187,670	141,321
Tangible Book Value Per Share	-	8980.64	8170.25	6561.86	4941.27
Land	89,671	91,186	45,255	45,255	45,255
Buildings	45,023	40,540	31,962	31,943	31,697
Machinery	36,991	36,300	32,767	31,588	40,600
Construction In Progress	20,188	13,512	5,660	4,673	5,196

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