Kakao Pay 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	1,631,491	1,564,242	1,257,258	1,407,844	1,046,219
Short-Term Investments	1,266,530	982,987	1,120,336	674,050	1,123,403
Trading Asset Securities	1,249,943	905,123	675,187	-	-
Cash & Short-Term Investments	4,147,965	3,452,352	3,052,781	2,081,894	2,169,622
Cash Growth	20.15%	13.09%	46.63%	-4.04%	288.46%
Accounts Receivable	19,776	16,599	10,523	5,782	5,578
Other Receivables	451,581	324,986	284,808	162,511	109,520
Receivables	645,919	438,496	363,157	168,743	115,947
Prepaid Expenses	11,275	7,736	5,947	3,781	3,175
Other Current Assets	7,409	9,107	8,259	5,398	3,281
Total Current Assets	4,812,567	3,907,692	3,430,144	2,259,816	2,292,025
Property, Plant & Equipment	120,357	130,301	145,048	126,879	136,832
Long-Term Investments	84,804	69,812	49,782	23,325	6,573
Goodwill	40,376	40,376	46,979	-	-
Other Intangible Assets	47,031	45,868	55,620	26,950	17,492
Long-Term Deferred Tax Assets	144,581	155,621	173,231	109,625	-
Long-Term Deferred Charges	26,954	40,300	41,805	-	-
Other Long-Term Assets	27,832	24,744	23,878	784,827	979,787
Total Assets	5,339,581	4,414,712	3,966,487	3,331,422	3,432,709
Accrued Expenses	89,444	67,847	47,805	20,549	24,896
Short-Term Debt	38,915	-	-	-	-
Current Portion of Leases	19,238	17,543	17,453	12,972	12,025
Current Unearned Revenue	1,448	802.51	578.35	508.9	186.89
Other Current Liabilities	3,117,178	2,294,749	1,842,925	839,800	807,335
Total Current Liabilities	3,266,223	2,380,942	1,908,762	873,830	844,443
Long-Term Leases	74,156	84,167	91,723	86,674	106,579
Pension & Post-Retirement Benefits	905.34	212.9	489.47	682.98	2,270
Long-Term Deferred Tax Liabilities	666	1,567	55.04	88.73	119.53
Other Long-Term Liabilities	46,724	37,015	30,682	461,886	683,660
Total Liabilities	3,388,674	2,503,904	2,031,711	1,423,163	1,637,071
Common Stock	67,573	67,317	67,133	66,501	65,942
Additional Paid-In Capital	1,807,675	1,817,690	1,814,756	1,825,755	1,844,449
Retained Earnings	-138,712	-183,951	-170,233	-172,750	-228,052
Comprehensive Income & Other	163,881	160,147	165,469	87,086	10,907
Total Common Equity	1,900,417	1,861,203	1,877,124	1,806,593	1,693,246
Minority Interest	50,490	49,606	57,651	101,667	102,392
Shareholders' Equity	1,950,907	1,910,808	1,934,776	1,908,260	1,795,638
Total Liabilities & Equity	5,339,581	4,414,712	3,966,487	3,331,422	3,432,709
Total Debt	132,308	101,710	109,176	99,646	118,603
Net Cash (Debt)	4,015,657	3,350,642	2,943,605	1,982,247	2,051,018
Net Cash Growth	19.85%	13.83%	48.50%	-3.35%	281.06%
Net Cash Per Share	29698.18	24908.32	21791.30	14642.71	17699.95
Filing Date Shares Outstanding	135.15	134.63	134.27	133	131.88
Total Common Shares Outstanding	135.15	134.63	134.27	133	131.88
Working Capital	1,546,344	1,526,750	1,521,382	1,385,985	1,447,582
Book Value Per Share	14062.04	13824.09	13980.73	13583.12	12838.99
Tangible Book Value	1,813,009	1,774,958	1,774,525	1,779,643	1,675,754
Tangible Book Value Per Share	13415.28	13183.51	13216.58	13380.49	12706.36
Machinery	94,206	82,088	75,494	46,037	26,444

Source: S&P Global Market Intelligence. Standard template. Financial Sources.