Union Materials Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,174	859.58	1,755	5,453	8,827
Short-Term Investments	75.46	-	20.5	620	-
Cash & Short-Term Investments	2,250	859.58	1,775	6,073	8,827
Cash Growth	161.74%	-51.59%	-70.76%	-31.21%	-35.71%
Accounts Receivable	30,303	35,995	45,795	45,144	39,992
Other Receivables	189.55	322.02	573.65	1,111	1,726
Receivables	30,492	36,317	46,368	46,255	41,717
Inventory	41,598	40,094	42,988	41,435	35,261
Prepaid Expenses	536.13	516.72	617.44	1,213	1,130
Other Current Assets	606.5	1,048	717.62	901.41	262.7
Total Current Assets	75,483	78,835	92,467	95,877	87,198
Property, Plant & Equipment	55,207	54,347	89,955	105,104	93,672
Long-Term Investments	2	81.79	2	2	382
Other Intangible Assets	1,277	1,208	1,323	1,432	1,418
Long-Term Accounts Receivable	0	0	0	0	-0
Long-Term Deferred Tax Assets	3,841	3,370	2,342	1,189	3,258
Other Long-Term Assets	586.57	429.1	1,001	560.64	741.61
Total Assets	136,396	138,271	187,089	204,165	186,670
Accounts Payable	4,406	3,964	4,950	7,068	7,841
Accrued Expenses	2,964	2,314	2,192	2,647	1,525
Short-Term Debt	78,266	77,906	77,205	60,894	37,043
Current Portion of Long-Term Debt	6,362	5,305	9,051	5,739	8,436
Current Portion of Leases	243.9	469.97	405.35	343.7	384.01
Current Income Taxes Payable	-	222.22	-	-	252.89
Current Unearned Revenue	-	-	-	4.43	4.43
Other Current Liabilities	7,010	6,594	7,357	12,529	11,244
Total Current Liabilities	99,253	96,776	101,159	89,226	66,729
Long-Term Debt	6,057	11,153	13,127	24,674	14,396
Long-Term Leases	93.07	308.51	852.14	204.65	508.95
Pension & Post-Retirement Benefits	10,741	13,919	7,614	5,633	20,559
Other Long-Term Liabilities	625.18	688.91	605.56	606.53	595.5
Total Liabilities	116,769	122,845	123,358	120,344	102,789
Common Stock	21,000	21,000	21,000	21,000	21,000
Additional Paid-In Capital	30,917	30,917	30,917	30,917	30,917
Retained Earnings	-31,866	-35,535	11,548	32,050	31,788
Comprehensive Income & Other	-424.05	-955.69	265.55	-145.24	175.62
Total Common Equity	19,627	15,426	63,731	83,821	83,881
Shareholders' Equity	19,627	15,426	63,731	83,821	83,881
Total Liabilities & Equity	136,396	138,271	187,089	204,165	186,670
Total Debt	91,022	95,142	100,640	91,855	60,767
Net Cash (Debt)	-88,772	-94,283	-98,865	-85,783	-51,940
Net Cash Per Share	-2129.14	-2245.72	-2353.92	-2042.45	-1236.66
Filing Date Shares Outstanding	40.78	42	42	42	42
Total Common Shares Outstanding	40.78	42	42	42	42
Working Capital	-23,770	-17,941	-8,692	6,651	20,469
Book Value Per Share	481.33	367.28	1517.40	1995.74	1997.16
Tangible Book Value	18,350	14,218	62,408	82,390	82,463
Tangible Book Value Per Share	450.02	338.53	1485.91	1961.66	1963.41
Land	42,182	42,182	42,529	42,529	42,529
Buildings	33,687	33,739	41,179	43,312	42,298
Machinery	116,414	114,217	129,395	120,721	114,920
Construction In Progress	299.12	24.36	-	13,120	1,022

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.