SHINSEGAE FOOD 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	99,329	102,844	105,995	68,373	77,250	45,246
Short-Term Investments	65,801	64,020	6,135	3,392	7,389	5,341
Cash & Short-Term Investments	165,129	166,863	112,130	71,765	84,639	50,587
Cash Growth	53.29%	48.81%	56.25%	-15.21%	67.31%	64.56%
Accounts Receivable	108,254	111,748	141,312	149,715	133,318	124,864
Other Receivables	4,825	5,950	1,426	2,546	1,495	2,834
Receivables	113,080	117,698	142,738	152,261	134,814	127,699
Inventory	75,448	70,475	78,020	96,026	113,786	89,953
Prepaid Expenses	4,396	1,158	1,170	1,280	1,488	1,601
Other Current Assets	903.03	734.14	1,355	2,412	3,178	1,941
Total Current Assets	358,957	356,928	335,412	323,743	337,904	271,781
Property, Plant & Equipment	277,739	283,661	308,475	340,750	366,100	408,913
Long-Term Investments	50,928	52,047	3,767	2,747	2,592	2,437
Goodwill	40,609	40,609	40,918	40,918	40,918	50,401
Other Intangible Assets	23,866	24,666	28,819	33,283	7,425	9,894
Long-Term Accounts Receivable	13,306	13,617	64,858	71,162	75,881	80,071
Long-Term Deferred Tax Assets	12,625	12,385	14,669	8,797	8,058	11,813
Other Long-Term Assets	26,240	29,631	36,769	54,072	65,049	44,158
Total Assets	804,270	813,544	833,688	875,471	903,927	879,468
Accounts Payable	58,625	64,079	69,029	69,056	52,392	53,663
Accrued Expenses	18,826	21,833	29,605	26,809	23,587	27,189
Short-Term Debt	-	-	-	44,500	44,500	-
Current Portion of Long-Term Debt	59,960	94,971	-	149,947	99,995	-
Current Portion of Leases	20,513	20,588	28,477	32,296	28,543	29,369
Current Income Taxes Payable	8,631	16,618	2,503	1,100	785.78	37.19
Current Unearned Revenue	-	-	3.58	6.76	10.02	4.04
Other Current Liabilities	48,578	63,187	69,976	69,144	68,077	66,863
Total Current Liabilities	215,134	281,276	199,594	392,860	317,890	177,126
Long-Term Debt	129,737	69,909	164,699	-	99,912	199,759
Long-Term Leases	78,870	82,807	147,462	168,717	174,619	198,440
Pension & Post-Retirement Benefits	745.47	714.3	616.83	1,081	1,020	1,367
Other Long-Term Liabilities	21,081	20,920	27,824	22,923	18,417	17,959
Total Liabilities	445,568	455,626	540,195	585,581	611,858	594,651
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	283,067	282,488	208,420	202,521	204,714	197,054
Treasury Stock	-10,382	-10,382	-19.47	-19.47	-19.47	-19.47
Comprehensive Income & Other	-3,556	-3,761	-4,481	-2,184	-2,199	-1,790
Shareholders' Equity	358,702	357,918	293,492	289,891	292,069	284,817
Total Liabilities & Equity	804,270	813,544	833,688	875,471	903,927	879,468
Total Debt	289,080	268,275	340,638	395,460	447,569	427,568
Net Cash (Debt)	-123,951	-101,411	-228,509	-323,695	-362,930	-376,981
Net Cash Per Share	-32810.07	-26395.14	-59011.23	-83592.71	-93724.92	-97353.49
Filing Date Shares Outstanding	3.62	3.62	3.87	3.87	3.87	3.87
Total Common Shares Outstanding	3.62	3.62	3.87	3.87	3.87	3.87
Working Capital	143,823	75,652	135,819	-69,117	20,014	94,655
Book Value Per Share	99213.66	98996.74	75792.97	74862.87	75425.36	73552.61
Tangible Book Value	294,227	292,643	223,755	215,690	243,726	224,522
Tangible Book Value Per Share	81380.33	80942.32	57783.64	55700.84	62940.94	57981.70
Land	39,868	39,868	39,868	39,868	39,868	40,081
Buildings	153,290	153,289	153,406	152,789	152,777	153,291
Machinery	184,828	184,480	190,946	188,300	177,877	192,635
Construction In Progress	3,400	2,101	1,626	2,126	28,072	18,840