Busan Industrial 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	5,077	8,816	5,796	5,238	9,127
Short-Term Investments	-	-	-	-	750
Cash & Short-Term Investments	5,077	8,816	5,796	5,238	9,877
Cash Growth	-42.41%	52.09%	10.67%	-46.97%	-44.73%
Accounts Receivable	18,525	24,024	32,765	27,321	22,170
Other Receivables	26.97	0.61	3.4	685.73	298.6
Receivables	18,552	24,025	32,768	28,007	22,468
Inventory	25,341	23,044	26,843	26,934	28,160
Prepaid Expenses	246.43	349.51	234.97	251.42	229.44
Other Current Assets	2,816	1,768	637.09	1,349	1,521
Total Current Assets	52,033	58,002	66,280	61,779	62,255
Property, Plant & Equipment	183,032	184,142	180,270	68,602	67,041
Long-Term Investments	752.62	743.97	1,078	833.74	884.34
Other Intangible Assets	565.44	551.08	620.71	628.72	636.73
Long-Term Accounts Receivable	1,502	1,373	12.93	4.69	6.32
Long-Term Deferred Tax Assets	236.43	241.31	249.18	509.98	269.39
Other Long-Term Assets	88,499	90,343	29,685	2,309	2,691
Total Assets	326,620	335,401	278,201	134,679	133,796
Accounts Payable	11,305	13,888	13,467	13,115	16,453
Accrued Expenses	410.96	548.12	356.19	216.67	227.64
Short-Term Debt	8,100	5,000	6,110	1,000	1,000
Current Portion of Long-Term Debt	19,404	6,904	12,704	1,600	1,850
Current Portion of Leases	534.82	423.78	335.85	1,030	200.26
Current Income Taxes Payable	102.11	1,149	542.05	1,353	164.5
Other Current Liabilities	16,312	12,778	27,033	17,929	23,195
Total Current Liabilities	56,169	40,691	60,548	36,244	43,091
Long-Term Debt	76,200	92,267	17,333	14,038	10,801
Long-Term Leases	1,187	1,270	1,188	-	-
Pension & Post-Retirement Benefits	645.54	660.9	135.78	-	-
Long-Term Deferred Tax Liabilities	25,047	25,794	24,928	2,334	2,398
Other Long-Term Liabilities	370.09	200	200	-	0
Total Liabilities	159,619	160,882	104,334	52,615	56,290
Common Stock	5,280	5,280	5,280	5,280	5,280
Additional Paid-In Capital	10,765	10,765	10,720	10,720	10,720
Retained Earnings	38,365	41,853	44,730	42,015	39,333
Comprehensive Income & Other	71,701	72,712	69,410	87.25	197.55
Total Common Equity	126,111	130,609	130,140	58,102	55,530
Minority Interest	40,891	43,910	43,727	23,962	21,976
Shareholders' Equity	167,002	174,519	173,867	82,064	77,506
Total Liabilities & Equity	326,620	335,401	278,201	134,679	133,796
Total Debt	105,426	105,865	37,671	17,668	13,851
Net Cash (Debt)	-100,349	-97,049	-31,875	-12,430	-3,974
Net Cash Per Share	-95034.64	-91890.01	-30184.63	-11770.64	-3763.51
Filing Date Shares Outstanding	1.06	1.06	1.06	1.06	1.06
Total Common Shares Outstanding	1.06	1.06	1.06	1.06	1.06
Working Capital	-4,137	17,311	5,732	25,535	19,164
Book Value Per Share	119459.96	123683.22	123238.53	55020.45	52585.32
Tangible Book Value	125,545	130,058	129,519	57,473	54,893
Tangible Book Value Per Share	118924.35	123161.37	122650.73	54425.08	51982.36
Land	162,612	162,612	157,631	47,294	46,777
Buildings	25,440	25,262	25,377	23,922	23,616
Machinery	78,294	82,267	78,355	75,099	75,661
Construction In Progress	2,483	2,146	2,367	1,208	1,242

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