Busan Industrial Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

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	2,763	5,077	8,816	5,796	5,238	9,127
Short-Term Investments	-	-	-	-	-	750
Cash & Short-Term Investments	2,763	5,077	8,816	5,796	5,238	9,877
Cash Growth	-64.48%	-42.41%	52.09%	10.67%	-46.97%	-44.73%
Accounts Receivable	17,530	18,525	24,024	32,765	27,321	22,170
Other Receivables	35.12	26.97	0.61	3.4	685.73	298.6
Receivables	17,565	18,552	24,025	32,768	28,007	22,468
Inventory	26,727	25,341	23,044	26,843	26,934	28,160
Prepaid Expenses	478.07	246.43	349.51	234.97	251.42	229.44
Other Current Assets	3,146	2,816	1,768	637.09	1,349	1,521
Total Current Assets	50,679	52,033	58,002	66,280	61,779	62,255
Property, Plant & Equipment	182,891	183,032	184,142	180,270	68,602	67,041
Long-Term Investments	755.45	752.62	743.97	1,078	833.74	884.34
Other Intangible Assets	562.12	565.44	551.08	620.71	628.72	636.73
Long-Term Accounts Receivable	1,411	1,502	1,373	12.93	4.69	6.32
Long-Term Deferred Tax Assets	240.44	236.43	241.31	249.18	509.98	269.39
Other Long-Term Assets	87,511	88,499	90,343	29,685	2,309	2,691
Total Assets	324,101	326,620	335,401	278,201	134,679	133,796
Accounts Payable	13,604	11,305	13,888	13,467	13,115	16,453
Accrued Expenses	380	410.96	548.12	356.19	216.67	227.64
Short-Term Debt	12,450	8,100	5,000	6,110	1,000	1,000
Current Portion of Long-Term Debt	74,288	19,404	6,904	12,704	1,600	1,850
Current Portion of Leases	506.05	534.82	423.78	335.85	1,030	200.26
Current Income Taxes Payable	58.91	102.11	1,149	542.05	1,353	164.5
Other Current Liabilities	8,756	16,312	12,778	27,033	17,929	23,195
Total Current Liabilities	110,042	56,169	40,691	60,548	36,244	43,091
Long-Term Debt	20,400	76,200	92,267	17,333	14,038	10,801
Long-Term Leases	1,081	1,187	1,270	1,188	-	-
Pension & Post-Retirement Benefits	890.83	645.54	660.9	135.78	-	-
Long-Term Deferred Tax Liabilities	24,994	25,047	25,794	24,928	2,334	2,398
Other Long-Term Liabilities	370.09	370.09	200	200	-	0
Total Liabilities	157,779	159,619	160,882	104,334	52,615	56,290
Common Stock	5,280	5,280	5,280	5,280	5,280	5,280
Additional Paid-In Capital	10,765	10,765	10,765	10,720	10,720	10,720
Retained Earnings	37,817	38,365	41,853	44,730	42,015	39,333
Comprehensive Income & Other	71,701	71,701	72,712	69,410	87.25	197.55
Total Common Equity	125,562	126,111	130,609	130,140	58,102	55,530
Minority Interest	40,760	40,891	43,910	43,727	23,962	21,976
Shareholders' Equity	166,322	167,002	174,519	173,867	82,064	77,506
Total Liabilities & Equity	324,101	326,620	335,401	278,201	134,679	133,796
Total Debt	108,725	105,426	105,865	37,671	17,668	13,851
Net Cash (Debt)	-105,962	-100,349	-97,049	-31,875	-12,430	-3,974
Net Cash Per Share	-100323.91	-95027.26	-91890.01	-30184.63	-11770.64	-3763.51
Filing Date Shares Outstanding	1.06	1.06	1.06	1.06	1.06	1.06
Total Common Shares Outstanding	1.06	1.06	1.06	1.06	1.06	1.06
Working Capital	-59,363	-4,137	17,311	5,732	25,535	19,164
Book Value Per Share	118805.99	119422.86	123683.22	123238.53	55020.45	52585.32
Tangible Book Value	125,000	125,545	130,058	129,519	57,473	54,893
Tangible Book Value Per Share	118274.12	118887.41	123161.37	122650.73	54425.08	51982.36
Land	162,612	162,612	162,612	157,631	47,294	46,777
Buildings	25,490	25,440	25,262	25,377	23,922	23,616
Machinery	79,269	78,294	82,267	78,355	75,099	75,661
Construction In Progress	2,276	2,483	2,146	2,367	1,208	1,242