NOROO Paint & Coatings 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	76,986	111,779	77,344	89,192	67,468	56,955
Short-Term Investments	21,309	1,344	1,622	1,041	3,522	3,674
Trading Asset Securities	-	-	-	15	-	2.4
Cash & Short-Term Investments	98,295	113,123	78,965	90,248	70,990	60,631
Cash Growth	59.59%	43.26%	-12.50%	27.13%	17.08%	-6.57%
Accounts Receivable	151,481	131,573	146,419	145,445	148,713	155,297
Other Receivables	2,183	2,214	1,762	703.68	818.99	807.25
Receivables	154,693	134,808	148,950	151,884	150,385	156,772
Inventory	91,580	79,879	78,695	71,677	80,862	77,856
Prepaid Expenses	1,284	991.54	808.84	904.33	919.8	1,362
Other Current Assets	3,751	3,061	2,744	3,389	5,125	6,618
Total Current Assets	349,603	331,864	310,163	318,102	308,281	303,239
Property, Plant & Equipment	284,613	286,144	285,794	289,568	291,535	292,127
Long-Term Investments	35,433	33,414	33,270	33,536	31,834	29,127
Goodwill	-	-	-	-	3,295	11,217
Other Intangible Assets	14,196	14,556	14,534	10,381	10,818	11,277
Long-Term Deferred Tax Assets	1,870	1,775	1,584	1,461	1,491	1,962
Other Long-Term Assets	16,743	15,717	14,523	13,135	13,658	14,060
Total Assets	710,727	691,934	667,672	668,631	668,177	670,647
Accounts Payable	123,691	111,250	119,909	119,916	126,103	123,319
Accrued Expenses	14,797	16,303	20,245	20,372	15,202	13,458
Short-Term Debt	34,585	33,655	13,423	12,966	14,516	27,499
Current Portion of Long-Term Debt	15,000	15,000	29,500	29,997	39,673	25,000
Current Portion of Leases	728.49	812.98	660.48	715.84	683.6	545.9
Current Income Taxes Payable	3,834	3,058	6,731	6,034	4,107	4,127
Other Current Liabilities	27,378	23,413	20,460	19,206	17,101	15,996
Total Current Liabilities	220,014	203,493	210,928	209,207	217,386	209,944
Long-Term Debt	20,000	20,000	-	38,000	49,987	64,807
Long-Term Leases	1,258	1,199	505.45	603.62	888.38	413.25
Pension & Post-Retirement Benefits	14,361	13,787	14,003	12,168	11,371	12,598
Long-Term Deferred Tax Liabilities	31,084	30,601	30,383	30,778	32,353	33,772
Other Long-Term Liabilities	7,029	6,878	5,016	3,596	3,519	4,121
Total Liabilities	293,745	275,957	260,835	294,352	315,504	325,655
Common Stock	10,000	10,000	10,000	10,000	10,000	10,000
Additional Paid-In Capital	104,674	104,674	104,674	104,674	104,674	104,674
Retained Earnings	293,381	294,668	284,726	256,986	235,486	229,005
Comprehensive Income & Other	8,695	6,404	7,206	2,389	2,282	1,082
Total Common Equity	416,750	415,746	406,606	374,048	352,442	344,760
Shareholders' Equity	416,982	415,977	406,837	374,279	352,673	344,991
Total Liabilities & Equity	710,727	691,934	667,672	668,631	668,177	670,647
Total Debt	71,572	70,667	44,089	82,282	105,747	118,265
Net Cash (Debt)	26,723	42,456	34,877	7,965	-34,758	-57,634
Net Cash Growth	20.99%	21.73%	337.85%	-	-	-
Net Cash Per Share	1335.35	2122.80	1703.88	389.26	-1698.56	-2816.46
Filing Date Shares Outstanding	20.47	20	20	20	20	20
Total Common Shares Outstanding	20.47	20	20.46	20.46	20.46	20.46
Working Capital	129,589	128,371	99,235	108,895	90,896	93,294
Book Value Per Share	20354.46	20787.28	19870.17	18279.10	17223.27	16847.86
Tangible Book Value	402,554	401,190	392,072	363,667	338,328	322,266
Tangible Book Value Per Share	19661.10	20059.49	19159.92	17771.81	16533.57	15748.62
Land	-	216,357	216,529	217,160	217,042	216,684
Buildings	-	106,611	105,556	103,682	101,934	101,951
Machinery	-	125,503	119,376	116,143	115,299	110,406
Construction In Progress	-	2,622	933.82	412.26	357.97	388.08