Ilsung Construction Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	30,496	20,626	25,345	19,170	41,795	22,125
Short-Term Investments	-	-	500	2,039	1,739	2,139
Cash & Short-Term Investments	30,496	20,626	25,845	21,209	43,534	24,264
Cash Growth	83.65%	-20.19%	21.86%	-51.28%	79.42%	34.24%
Accounts Receivable	105,175	105,272	136,208	155,549	106,665	55,873
Other Receivables	30,387	29,268	20,666	9,927	9,786	11,060
Receivables	140,105	140,531	171,444	178,640	141,902	76,015
Inventory	2,425	2,978	2,742	3,037	14,764	13,493
Prepaid Expenses	3,191	380.28	115.69	753.39	1,769	1,140
Other Current Assets	16,198	13,671	12,778	16,212	10,477	11,386
Total Current Assets	192,416	178,187	212,924	219,850	212,447	126,299
Property, Plant & Equipment	11,180	11,897	12,955	15,024	8,825	6,475
Long-Term Investments	24,124	23,896	24,206	23,521	26,859	30,386
Other Intangible Assets	830	634.01	906.47	1,117	1,272	3,218
Long-Term Deferred Tax Assets	3,535	3,460	3,983	3,604	-	-
Other Long-Term Assets	108,793	124,353	118,657	116,965	111,193	115,398
Total Assets	380,152	370,420	409,313	413,302	379,287	298,511
Accounts Payable	30,455	20,009	35,820	28,610	29,086	21,302
Accrued Expenses	3,919	3,812	5,900	4,010	4,032	4,004
Short-Term Debt	4,429	4,980	1,072	2,740	5,359	9,459
Current Portion of Long-Term Debt	102,968	73,337	79,400	62,040	34,504	43,941
Current Portion of Leases	1,907	1,791	1,735	2,897	3,440	3,661
Current Income Taxes Payable	84.7	1.24	264.94	2,605	2,648	473.95
Current Unearned Revenue	8,715	5,491	17,384	10,924	4,289	359.91
Other Current Liabilities	120,848	105,968	79,418	101,369	80,340	57,987
Total Current Liabilities	273,326	215,388	220,994	215,196	163,697	141,186
Long-Term Debt	-	51,593	36,581	54,500	85,302	41,618
Long-Term Leases	268.29	373.89	400.86	373.31	875.22	268.29
Long-Term Unearned Revenue	18.46	34.25	10.83	11.4	26.4	19.98
Pension & Post-Retirement Benefits	10,755	9,208	7,231	6,863	6,114	6,525
Long-Term Deferred Tax Liabilities	-	-	-	-	2,358	8,268
Other Long-Term Liabilities	28,432	27,011	19,048	15,872	11,574	10,322
Total Liabilities	312,799	303,608	284,267	292,815	269,946	208,208
Common Stock	27,012	27,012	27,012	27,012	27,012	27,012
Additional Paid-In Capital	46,563	46,078	46,078	44,641	44,641	44,641
Retained Earnings	-33,404	-33,389	25,115	23,152	19,272	14,848
Comprehensive Income & Other	26,857	26,793	26,526	25,369	18,280	3,861
Total Common Equity	67,029	66,494	124,731	120,175	109,205	90,362
Minority Interest	323.61	317.81	315.28	311.64	135.54	-60.23
Shareholders' Equity	67,353	66,812	125,047	120,487	109,341	90,302
Total Liabilities & Equity	380,152	370,420	409,313	413,302	379,287	298,511
Total Debt	109,572	132,075	119,189	122,550	129,480	98,947
Net Cash (Debt)	-79,076	-111,449	-93,344	-101,341	-85,946	-74,682
Net Cash Per Share	-2581.42	-2062.93	-1727.80	-1875.83	-1590.85	-1382.37
Filing Date Shares Outstanding	54.02	54.02	54.02	54.02	54.02	54.02
Total Common Shares Outstanding	54.02	54.02	54.02	54.02	54.02	54.02
Working Capital	-80,910	-37,201	-8,070	4,654	48,750	-14,887
Book Value Per Share	1240.70	1230.81	2308.78	2224.44	2021.39	1672.61
Tangible Book Value	66,199	65,860	123,825	119,058	107,934	87,145
Tangible Book Value Per Share	1225.34	1219.07	2292.00	2203.77	1997.85	1613.04
Land	5,914	5,914	5,914	5,914	2,945	1,392
Buildings	-	-	76.77	76.77	76.77	76.77
Machinery	2,300	2,488	4,578	5,596	3,652	3,465

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