Meritz Financial Group 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	11,475,629	9,292,380	4,999,589	4,928,102	5,922,682	5,758,120
Investment Securities	7,415,663	6,178,464	2,379,735	2,617,200	4,975,892	3,159,745
Trading Asset Securities	89,202,751	92,328,008	84,586,826	62,382,011	60,826,925	48,884,666
Total Investments	96,618,414	98,506,472	86,966,560	64,999,211	65,802,817	52,044,411
Gross Loans	20,338,059	18,011,868	15,385,987	25,759,268	10,435,925	15,486,072
Allowance for Loan Losses	-340,150	-409,273	-300,626	-282,765	-180,280	-162,124
Other Adjustments to Gross Loans	-	-	-	-	-	-31
Net Loans	19,997,909	17,602,595	15,085,361	25,476,503	10,255,645	15,323,917
Property, Plant & Equipment	3,182,924	3,077,293	2,823,176	2,440,385	2,541,491	2,331,017
Other Intangible Assets	118,037	85,932	77,947	80,504	80,798	385,706
Investments in Real Estate	745,681	720,904	769,794	689,595	754,271	420,368
Accrued Interest Receivable	694,645	664,733	602,886	453,577	326,694	381,037
Other Receivables	3,196,125	1,201,817	1,043,216	603,572	854,942	1,012,109
Other Current Assets	750,272	699,706	485,958	615,473	504,458	234,822
Long-Term Deferred Tax Assets	375,408	349,077	243,386	14,322	177,875	339,753
Other Long-Term Assets	7,244,216	3,239,622	2,463,323	1,913,013	1,729,570	3,771,740
Total Assets	144,399,260	135,457,984	115,578,247	102,235,843	88,977,399	82,030,937
Accrued Expenses	1,597,522	1,916,033	1,789,090	1,636,216	1,446,715	1,194,098
Interest Bearing Deposits	17,631,971	16,262,461	13,315,506	11,422,711	1,882,752	2,536,268
Total Deposits	17,631,971	16,262,461	13,315,506	11,422,711	1,882,752	2,536,268
Short-Term Borrowings	22,186,002	23,960,253	20,193,778	17,024,050	16,144,355	15,895,096
Current Income Taxes Payable	75,069	86,715	457,224	205,116	298,524	392,015
Other Current Liabilities	26,409,242	23,701,174	20,192,243	19,865,212	14,579,261	10,579,507
Long-Term Debt	52,941,563	53,001,359	44,966,077	38,797,376	43,418,354	41,585,426
Long-Term Unearned Revenue	396,198	403,950	388,875	444,134	431,191	289,828
Pension & Post-Retirement Benefits	99.09	87.72	93.61	101.93	159.99	359.76
Long-Term Deferred Tax Liabilities	600,136	439,114	281,021	371,188	25,903	85,779
Other Long-Term Liabilities	10,764,991	4,425,630	3,064,303	2,372,553	2,208,214	2,589,271
Total Liabilities	132,602,793	124,196,776	104,648,211	92,138,658	80,435,429	75,147,648
Common Stock	113,094	113,094	113,094	113,094	71,443	71,443
Additional Paid-In Capital	124,803	124,803	124,847	125,355	63,236	663,230
Retained Earnings	9,187,938	9,237,935	8,790,694	7,610,654	4,081,877	2,807,922
Treasury Stock	-235,554	-534,427	-768,839	-546,527	-163,522	-130,473
Comprehensive Income & Other	1,519,243	1,381,226	1,834,647	2,279,331	890,937	308,812
Total Common Equity	10,709,523	10,322,630	10,094,443	9,581,907	4,943,971	3,720,934
Minority Interest	1,086,944	938,578	835,593	515,278	3,597,999	3,162,355
Shareholders' Equity	11,796,467	11,261,208	10,930,036	10,097,185	8,541,971	6,883,289
Total Liabilities & Equity	144,399,260	135,457,984	115,578,247	102,235,843	88,977,399	82,030,937
Total Debt	75,127,565	76,961,612	65,159,855	55,821,426	59,562,709	57,480,521
Net Cash (Debt)	28,134,387	26,137,255	26,060,934	13,093,430	11,236,514	-459,651
Net Cash Growth	129.51%	0.29%	99.04%	16.53%	-	-
Net Cash Per Share	164051.82	149742.89	140674.16	71279.36	90712.74	-3558.31
Filing Date Shares Outstanding	164.88	168.43	179.77	189.9	121.06	125.74
Total Common Shares Outstanding	164.88	168.43	179.77	189.9	121.06	125.74
Book Value Per Share	64955.34	61285.66	56152.90	50456.85	40840.07	29591.32
Tangible Book Value	10,591,486	10,236,698	10,016,496	9,501,403	4,863,173	3,335,229
Tangible Book Value Per Share	64239.42	60775.48	55719.30	50032.92	40172.63	26523.93