SHINSEGAE FOOD 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	148,234	105,995	68,373	77,250	45,246	20,752
Short-Term Investments	39,404	6,135	3,392	7,389	5,341	9,990
Cash & Short-Term Investments	187,638	112,130	71,765	84,639	50,587	30,742
Cash Growth	110.73%	56.25%	-15.21%	67.31%	64.56%	-26.78%
Accounts Receivable	106,596	141,312	149,715	133,318	124,864	120,255
Other Receivables	850.71	1,426	2,546	1,495	2,834	1,125
Receivables	107,446	142,738	152,261	134,814	127,699	121,380
Inventory	68,945	78,020	96,026	113,786	89,953	84,889
Prepaid Expenses	1,971	1,170	1,280	1,488	1,601	2,179
Other Current Assets	1,438	1,355	2,412	3,178	1,941	7,883
Total Current Assets	367,438	335,412	323,743	337,904	271,781	247,073
Property, Plant & Equipment	289,501	308,475	340,750	366,100	408,913	433,437
Long-Term Investments	3,907	3,767	2,747	2,592	2,437	2,179
Goodwill	40,918	40,918	40,918	40,918	50,401	50,148
Other Intangible Assets	25,611	28,819	33,283	7,425	9,894	10,868
Long-Term Accounts Receivable	13,144	64,858	71,162	75,881	80,071	97,770
Long-Term Deferred Tax Assets	13,046	14,669	8,797	8,058	11,813	13,969
Other Long-Term Assets	66,810	36,769	54,072	65,049	44,158	31,761
Total Assets	820,375	833,688	875,471	903,927	879,468	887,205
Accounts Payable	69,352	69,029	69,056	52,392	53,663	42,385
Accrued Expenses	25,731	29,605	26,809	23,587	27,189	18,373
Short-Term Debt	-	-	44,500	44,500	-	-
Current Portion of Long-Term Debt	94,942	-	149,947	99,995	-	100,000
Current Portion of Leases	19,658	28,477	32,296	28,543	29,369	28,575
Current Income Taxes Payable	822.54	2,503	1,100	785.78	37.19	0.05
Current Unearned Revenue	-	3.58	6.76	10.02	4.04	151.65
Other Current Liabilities	124,600	69,976	69,144	68,077	66,863	57,253
Total Current Liabilities	335,106	199,594	392,860	317,890	177,126	246,738
Long-Term Debt	69,892	164,699	-	99,912	199,759	99,862
Long-Term Leases	85,378	147,462	168,717	174,619	198,440	228,441
Pension & Post-Retirement Benefits	691.91	616.83	1,081	1,020	1,367	12,357
Other Long-Term Liabilities	11,864	27,824	22,923	18,417	17,959	16,526
Total Liabilities	502,932	540,195	585,581	611,858	594,651	603,925
Common Stock	19,362	19,362	19,362	19,362	19,362	19,362
Additional Paid-In Capital	70,211	70,211	70,211	70,211	70,211	70,211
Retained Earnings	231,853	208,420	202,521	204,714	197,054	197,370
Treasury Stock	-19.47	-19.47	-19.47	-19.47	-19.47	-19.47
Comprehensive Income & Other	-3,964	-4,481	-2,184	-2,199	-1,790	-3,644
Shareholders' Equity	317,443	293,492	289,891	292,069	284,817	283,280
Total Liabilities & Equity	820,375	833,688	875,471	903,927	879,468	887,205
Total Debt	269,871	340,638	395,460	447,569	427,568	456,878
Net Cash (Debt)	-82,232	-228,509	-323,695	-362,930	-376,981	-426,137
Net Cash Per Share	-21236.12	-59011.23	-83592.71	-93724.92	-97353.49	-110047.71
Filing Date Shares Outstanding	3.87	3.87	3.87	3.87	3.87	3.87
Total Common Shares Outstanding	3.87	3.87	3.87	3.87	3.87	3.87
Working Capital	32,332	135,819	-69,117	20,014	94,655	334.59
Book Value Per Share	81978.00	75792.97	74862.87	75425.36	73552.61	73155.71
Tangible Book Value	250,913	223,755	215,690	243,726	224,522	222,263
Tangible Book Value Per Share	64797.07	57783.64	55700.84	62940.94	57981.70	57398.41
Land	39,868	39,868	39,868	39,868	40,081	40,107
Buildings	153,417	153,406	152,789	152,777	153,291	152,278
Machinery	186,141	190,946	188,300	134,407	137,626	146,583
Construction In Progress	1,480	1,626	2,126	28,072	18,840	5,572

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