The Born Korea Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	27,591	37,490	39,149	32,352	35,528	25,413
Short-Term Investments	165,228	191,068	52,115	22,783	-	1,200
Trading Asset Securities	-	-	-	-	233.86	1,356
Cash & Short-Term Investments	192,819	228,558	91,263	55,135	35,761	27,970
Cash Growth	74.04%	150.44%	65.53%	54.17%	27.86%	4.00%
Accounts Receivable	7,634	10,640	9,110	7,543	6,081	4,472
Other Receivables	3,899	4,699	2,912	2,322	1,110	395.44
Receivables	11,656	15,438	12,099	10,004	7,487	6,191
Inventory	15,875	17,717	12,060	9,226	5,266	4,371
Prepaid Expenses	497.2	207.7	746.69	-	-	-
Other Current Assets	2,963	1,961	1,384	1,737	4,024	1,762
Total Current Assets	223,810	263,882	117,553	76,103	52,539	40,294
Property, Plant & Equipment	71,121	67,744	75,106	70,813	77,596	87,359
Long-Term Investments	1,077	3,369	1,983	14,931	8,470	1,324
Other Intangible Assets	1,536	1,726	1,767	3,090	2,545	1,502
Long-Term Accounts Receivable	190.97	-	-	-	-	0
Long-Term Deferred Tax Assets	6,049	7,408	4,487	4,111	1,409	871.08
Other Long-Term Assets	8,270	7,921	7,141	5,635	4,656	5,949
Total Assets	312,928	352,697	208,381	174,726	147,330	138,470
Accounts Payable	27,095	28,750	22,389	17,216	16,861	10,705
Accrued Expenses	214.82	1,803	1,382	-	964.73	951.31
Short-Term Debt	400	1,205	333.05	522.93	24.6	390.24
Current Portion of Long-Term Debt	-	-	163.19	-	3,600	11,510
Current Portion of Leases	3,262	3,398	4,449	3,764	4,539	5,201
Current Income Taxes Payable	257.47	4,710	3,404	6,175	2,556	42.61
Other Current Liabilities	34,318	41,599	29,318	29,500	19,489	16,703
Total Current Liabilities	65,548	81,466	61,438	57,179	48,034	45,504
Long-Term Debt	-	-	-	373.1	561.58	1,423
Long-Term Leases	3,488	3,149	6,973	8,130	10,276	16,377
Other Long-Term Liabilities	661.72	493.74	7,240	4,086	3,480	2,028
Total Liabilities	69,698	85,110	75,651	69,767	62,351	65,332
Common Stock	7,527	7,467	2,050	2,050	2,050	2,050
Additional Paid-In Capital	102,810	100,423	4,448	4,448	4,448	4,426
Retained Earnings	123,285	146,954	115,899	94,834	78,689	66,979
Comprehensive Income & Other	9,608	12,709	10,310	4,331	334.66	39.43
Total Common Equity	243,231	267,553	132,707	105,663	85,522	73,494
Minority Interest	-	34.56	22.95	-705.22	-543.12	-356.85
Shareholders' Equity	243,231	267,588	132,730	104,958	84,979	73,137
Total Liabilities & Equity	312,928	352,697	208,381	174,726	147,330	138,470
Total Debt	7,151	7,753	11,919	12,790	19,001	34,902
Net Cash (Debt)	185,668	220,805	79,345	42,345	16,761	-6,933
Net Cash Growth	83.00%	178.29%	87.38%	152.64%	-	-
Net Cash Per Share	12861.80	17493.10	6919.97	3693.10	4385.34	-1813.84
Filing Date Shares Outstanding	14.78	14.66	11.47	3.82	3.82	3.82
Total Common Shares Outstanding	14.78	14.66	11.47	3.82	3.82	3.82
Working Capital	158,263	182,416	56,115	18,924	4,505	-5,211
Book Value Per Share	16460.49	18254.15	11573.92	27646.05	22376.14	19229.17
Tangible Book Value	241,695	265,827	130,940	102,573	82,977	71,992
Tangible Book Value Per Share	16356.56	18136.38	11419.80	26837.45	21710.27	18836.08
Land	22,790	19,299	19,127	17,865	17,419	13,501
Buildings	31,583	41,093	41,141	40,303	39,627	37,326
Machinery	3,926	14,408	13,761	12,632	11,719	11,230
Construction In Progress	2,694	2,423	1,807	2,094	516.14	2,224

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