The Born Korea 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	15,939	37,490	39,149	32,352	35,528
Short-Term Investments	166,711	192,916	52,115	22,783	-
Trading Asset Securities	-	-	-	-	233.86
Cash & Short-Term Investments	182,649	230,406	91,263	55,135	35,761
Cash Growth	-20.73%	152.46%	65.53%	54.17%	27.86%
Accounts Receivable	7,189	10,640	9,110	7,543	6,081
Other Receivables	2,349	4,551	2,912	2,322	1,110
Receivables	9,569	15,438	12,099	10,004	7,487
Inventory	13,586	17,717	12,060	9,226	5,266
Prepaid Expenses	350.74	207.7	746.69	-	-
Other Current Assets	991.38	113.58	1,384	1,737	4,024
Total Current Assets	207,146	263,882	117,553	76,103	52,539
Property, Plant & Equipment	71,742	67,744	75,106	70,813	77,596
Long-Term Investments	1,065	3,369	1,983	14,931	8,470
Goodwill	345.23	345.23	-	-	-
Other Intangible Assets	1,495	1,381	1,767	3,090	2,545
Long-Term Deferred Tax Assets	10,787	7,408	4,487	4,111	1,409
Other Long-Term Assets	9,635	7,921	7,141	5,635	4,656
Total Assets	303,266	352,697	208,381	174,726	147,330
Accounts Payable	21,217	28,750	22,389	17,216	16,861
Accrued Expenses	188.89	254.34	1,382	-	964.73
Short-Term Debt	400	1,205	333.05	522.93	24.6
Current Portion of Long-Term Debt	-	-	163.19	-	3,600
Current Portion of Leases	2,712	3,398	4,449	3,764	4,539
Current Income Taxes Payable	63.23	4,710	3,404	6,175	2,556
Other Current Liabilities	29,216	43,148	29,318	29,500	19,489
Total Current Liabilities	53,797	81,466	61,438	57,179	48,034
Long-Term Debt	-	-	-	373.1	561.58
Long-Term Leases	2,978	3,149	6,973	8,130	10,276
Other Long-Term Liabilities	492.76	493.74	7,240	4,086	3,480
Total Liabilities	57,268	85,110	75,651	69,767	62,351
Common Stock	7,527	7,467	2,050	2,050	2,050
Additional Paid-In Capital	102,810	100,423	4,448	4,448	4,448
Retained Earnings	126,028	146,954	115,899	94,834	78,689
Comprehensive Income & Other	9,633	12,709	10,310	4,331	334.66
Total Common Equity	245,998	267,553	132,707	105,663	85,522
Minority Interest	-	34.56	22.95	-705.22	-543.12
Shareholders' Equity	245,998	267,588	132,730	104,958	84,979
Total Liabilities & Equity	303,266	352,697	208,381	174,726	147,330
Total Debt	6,090	7,753	11,919	12,790	19,001
Net Cash (Debt)	176,559	222,653	79,345	42,345	16,761
Net Cash Growth	-20.70%	180.61%	87.38%	152.64%	-
Net Cash Per Share	11974.36	17637.06	6919.97	3693.10	4385.34
Filing Date Shares Outstanding	14.74	14.66	11.47	3.82	3.82
Total Common Shares Outstanding	14.74	14.66	11.47	3.82	3.82
Working Capital	153,349	182,416	56,115	18,924	4,505
Book Value Per Share	16684.50	18254.15	11573.92	27646.05	22376.14
Tangible Book Value	244,158	265,827	130,940	102,573	82,977
Tangible Book Value Per Share	16559.71	18136.38	11419.80	26837.45	21710.27
Land	22,445	19,299	19,127	17,865	17,419
Buildings	41,644	41,093	41,141	40,303	39,627
Machinery	14,115	14,408	13,761	12,632	11,719
Construction In Progress	4,495	2,423	1,807	2,094	516.14

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