The Willbes & CO. 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	3,058	5,509	3,723	3,313	4,998
Short-Term Investments	11,825	15,051	14,486	9,952	15,572
Cash & Short-Term Investments	14,883	20,560	18,209	13,265	20,570
Cash Growth	-27.61%	12.91%	37.28%	-35.51%	4.26%
Accounts Receivable	38,792	47,425	46,354	41,289	44,711
Other Receivables	9,300	11,909	11,950	12,094	11,937
Receivables	51,326	63,567	62,255	57,711	60,349
Inventory	76,158	90,926	99,421	104,090	98,665
Prepaid Expenses	1,974	2,100	2,145	2,396	1,631
Other Current Assets	14,357	16,729	14,148	14,129	14,406
Total Current Assets	158,699	193,882	196,177	191,591	195,621
Property, Plant & Equipment	66,043	71,464	79,470	45,673	51,154
Long-Term Investments	100.2	490.21	1,096	976.19	466.2
Goodwill	8,876	8,876	8,876	8,876	12,786
Other Intangible Assets	4,825	6,461	8,245	9,995	13,661
Long-Term Accounts Receivable	-	2,605	-	-	-
Long-Term Deferred Tax Assets	534.99	416.87	455.92	2,206	3,228
Other Long-Term Assets	8,981	10,092	8,123	10,678	10,273
Total Assets	248,080	294,579	302,852	270,395	288,026
Accounts Payable	7,118	4,657	6,231	4,263	10,979
Accrued Expenses	451.4	364.92	334.43	227.18	106.84
Short-Term Debt	128,164	134,685	122,519	113,424	111,082
Current Portion of Long-Term Debt	2,647	15,373	5,357	7,372	3,869
Current Portion of Leases	6,532	6,811	5,618	4,355	7,400
Current Income Taxes Payable	211.64	188.69	-	76.24	525.15
Other Current Liabilities	23,962	22,786	20,076	18,071	31,832
Total Current Liabilities	169,086	184,866	160,136	147,789	165,793
Long-Term Debt	12,863	369.38	13,900	11,651	3,122
Long-Term Leases	6,215	10,208	12,258	5,867	5,981
Pension & Post-Retirement Benefits	7,540	7,754	6,526	6,271	7,441
Long-Term Deferred Tax Liabilities	2,771	3,901	1,736	-	-
Other Long-Term Liabilities	1,181	902.58	949.4	540.42	1,044
Total Liabilities	199,657	208,001	195,506	172,119	183,381
Common Stock	72,882	72,882	72,882	72,882	72,882
Additional Paid-In Capital	60,114	60,114	60,114	60,114	60,114
Retained Earnings	-135,573	-99,692	-73,023	-57,639	-49,908
Treasury Stock	-1,292	-1,292	-1,292	-1,292	-1,292
Comprehensive Income & Other	54,182	56,415	50,531	26,091	24,759
Total Common Equity	50,312	88,426	109,211	100,155	106,554
Minority Interest	-1,889	-1,847	-1,866	-1,880	-1,909
Shareholders' Equity	48,423	86,579	107,346	98,276	104,645
Total Liabilities & Equity	248,080	294,579	302,852	270,395	288,026
Total Debt	156,421	167,447	159,653	142,669	131,453
Net Cash (Debt)	-141,538	-146,887	-141,444	-129,405	-110,884
Net Cash Per Share	-2151.59	-2231.68	-21496.18	-18356.53	-17581.29
Filing Date Shares Outstanding	243.39	6.58	6.58	6.58	6.58
Total Common Shares Outstanding	243.39	6.58	6.58	6.58	6.58
Working Capital	-10,388	9,016	36,041	43,802	29,828
Book Value Per Share	206.71	13438.71	16597.62	15221.34	16193.82
Tangible Book Value	36,610	73,089	92,090	81,284	80,107
Tangible Book Value Per Share	150.42	11107.84	13995.62	12353.33	12174.43
Land	45,487	45,487	49,403	21,215	21,236
Buildings	28,524	28,231	28,417	29,184	28,034
Machinery	74,528	76,122	70,013	71,782	68,179

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