PANDORA TV Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2013	FY 2012	FY 2008	FY 2007
Period Ending	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Cash & Equivalents	1,581	647.69	377.37	781.78
Short-Term Investments	-	-	1,207	1,063
Cash & Short-Term Investments	1,581	647.69	1,585	1,844
Cash Growth	144.15%	-59.13%	-14.08%	-
Accounts Receivable	1,432	1,686	2,116	3,000
Other Receivables	55.87	102.35	159.88	33.03
Receivables	1,488	1,788	2,466	3,483
Prepaid Expenses	22.1	6.06	68.56	3.25
Other Current Assets	100.2	25.85	10.78	187.92
Total Current Assets	3,191	2,468	4,130	5,518
Property, Plant & Equipment	179.27	221.76	1,052	1,843
Long-Term Investments	1,736	1,878	781.95	999.45
Goodwill	7,636	-	-	-
Other Intangible Assets	484.8	29.55	440.25	60.52
Long-Term Deferred Charges	2,264	1,501	-	-
Other Long-Term Assets	2,121	2,006	359.31	250.31
Total Assets	17,612	8,105	6,764	8,672
Accounts Payable	355.22	544.76	2.93	2.93
Accrued Expenses	142.06	228.31	50.65	90.7
Short-Term Debt	3,662	1,483	1,850	2,421
Current Portion of Long-Term Debt	38.6	41.95	-	-
Current Unearned Revenue	10	20.54	-	-
Other Current Liabilities	1,098	1,374	3,083	3,240
Total Current Liabilities	5,306	3,692	4,987	5,755
Long-Term Debt	4,497	5,047	-	-
Long-Term Leases	16.29	34.55	-	-
Other Long-Term Liabilities	250	300	-0	0
Total Liabilities	10,488	9,502	5,101	5,812
Common Stock	2,473	2,473	2,088	2,088
Additional Paid-In Capital	3,252	23,871	23,871	16,050
Retained Earnings	839.27	-28,301	-25,333	-15,913
Treasury Stock	-92	-92	-	-
Comprehensive Income & Other	-1,027	-1,027	-1,027	-1,027
Total Common Equity	5,446	-3,075	-399.61	1,198
Shareholders' Equity	7,124	-1,397	1,663	2,859
Total Liabilities & Equity	17,612	8,105	6,764	8,672
Total Debt	8,214	6,606	1,850	2,421
Net Cash (Debt)	-6,632	-5,958	-265.32	-576.83
Net Cash Per Share	-1343.41	-1209.18	-63.52	-138.14
Filing Date Shares Outstanding	4.94	4.93	4.18	4.18
Total Common Shares Outstanding	4.94	4.93	4.18	4.18
Working Capital	-2,115	-1,224	-856.68	-236.75
Book Value Per Share	1103.06	-624.05	-95.66	286.96
Tangible Book Value	-2,675	-3,105	-839.87	1,138
Tangible Book Value Per Share	-541.87	-630.04	-201.06	272.46
Machinery	4,407	4,212	829.47	3,561

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