Kangwon Land 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	174,906	200,358	244,500	166,187	101,061	206,399
Short-Term Investments	412,300	558,350	836,850	773,500	920,700	1,140,500
Trading Asset Securities	2,440,017	2,447,414	90,916	408,953	272,481	283,781
Cash & Short-Term Investments	3,027,223	3,206,122	1,172,265	1,348,639	1,294,242	1,630,681
Cash Growth	188.89%	173.50%	-13.08%	4.20%	-20.63%	11.54%
Accounts Receivable	4,455	6,319	7,200	5,998	4,611	3,383
Other Receivables	7,464	7,182	16,865	15,996	16,243	5,526
Receivables	14,986	16,982	28,975	27,178	26,226	15,431
Inventory	5,240	5,502	4,403	5,522	4,027	3,404
Prepaid Expenses	5,007	1,746	1,696	342.5	866.47	927.53
Other Current Assets	7,749	7,824	6,432	7,980	3,475	6,591
Total Current Assets	3,060,205	3,238,176	1,213,771	1,389,662	1,328,836	1,657,034
Property, Plant & Equipment	1,331,971	1,318,009	1,253,724	1,234,408	1,257,951	1,303,997
Long-Term Investments	46,439	46,970	1,998,117	1,532,898	1,206,559	535,698
Other Intangible Assets	18,757	18,258	13,329	1,772	2,761	3,148
Long-Term Accounts Receivable	187.49	234.36	515.6	0	-0	0
Long-Term Deferred Tax Assets	132,523	131,873	124,622	146,089	247,467	280,533
Other Long-Term Assets	62,960	76,752	79,026	122,012	97,277	16,204
Total Assets	4,667,098	4,845,197	4,700,641	4,448,656	4,167,753	3,827,273
Accounts Payable	2,939	5,254	3,881	3,397	3,283	2,653
Accrued Expenses	444,498	603,888	569,216	561,721	527,789	392,783
Short-Term Debt	6,500	6,500	-	-	-	-
Current Portion of Leases	3,213	3,156	3,174	2,188	2,665	2,191
Current Income Taxes Payable	39,192	28,400	40,785	-	27,108	9,593
Current Unearned Revenue	43,216	44,501	41,078	42,533	45,742	42,082
Other Current Liabilities	273,732	110,958	91,777	91,294	81,071	57,457
Total Current Liabilities	813,290	802,657	749,911	701,132	687,659	506,760
Long-Term Debt	-	-	6,500	3,050	4,550	4,550
Long-Term Leases	44,629	44,059	44,753	51,883	58,413	61,178
Long-Term Unearned Revenue	116.54	150.4	147.73	177.03	160.26	146.82
Other Long-Term Liabilities	27,769	33,812	15,666	14,512	1,593	1,847
Total Liabilities	885,805	880,678	816,978	770,755	752,375	574,481
Common Stock	106,970	106,970	106,970	106,970	106,970	106,970
Additional Paid-In Capital	129,293	129,293	129,293	129,293	129,352	129,352
Retained Earnings	3,799,116	3,953,392	3,861,477	3,615,704	3,353,164	3,190,574
Treasury Stock	-254,081	-225,133	-214,073	-174,065	-174,065	-174,065
Comprehensive Income & Other	-	0	-0	0	-59.03	-59.03
Total Common Equity	3,781,298	3,964,522	3,883,666	3,677,902	3,415,361	3,252,772
Minority Interest	-4.8	-3.32	-3.63	-1.38	16.45	20.45
Shareholders' Equity	3,781,293	3,964,519	3,883,663	3,677,901	3,415,378	3,252,793
Total Liabilities & Equity	4,667,098	4,845,197	4,700,641	4,448,656	4,167,753	3,827,273
Total Debt	54,342	53,715	54,427	57,121	65,628	67,919
Net Cash (Debt)	2,972,881	3,152,407	1,117,839	1,291,518	1,228,614	1,562,761
Net Cash Growth	199.31%	182.01%	-13.45%	5.12%	-21.38%	11.81%
Net Cash Per Share	14730.15	15575.93	5522.90	6370.35	6060.08	7708.24
Filing Date Shares Outstanding	198.33	199.82	200.41	202.74	202.74	202.74
Total Common Shares Outstanding	198.33	199.82	200.41	202.74	202.74	202.74
Working Capital	2,246,915	2,435,519	463,860	688,530	641,177	1,150,274
Book Value Per Share	19066.04	19840.90	19379.02	18141.07	16846.10	16044.14
Tangible Book Value	3,762,540	3,946,264	3,870,337	3,676,130	3,412,600	3,249,624
Tangible Book Value Per Share	18971.46	19749.52	19312.51	18132.33	16832.48	16028.61
Land	141,622	141,671	140,820	137,910	139,275	133,565
Buildings	1,268,253	1,267,661	1,174,854	1,155,053	1,151,067	1,146,188
Machinery	899,779	896,684	856,139	844,476	830,552	810,772
Construction In Progress	100,547	70,262	105,903	68,987	39,478	43,698