Model N Balance Sheet

Financials in millions KRW. Fiscal year is July - June.

Millions KRW. Fiscal year is Jul - Jun.

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2015	FY 2014
Period Ending	Jun '19 Jun 30, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Cash & Equivalents	715.1	886.47	1,524	75.08	139.47
Cash & Short-Term Investments	715.1	886.47	1,524	75.08	139.47
Cash Growth	-19.33%	-41.85%	1930.45%	-46.17%	-
Accounts Receivable	2,920	2,889	1,694	31.68	-
Other Receivables	24.65	70.46	8.41	2.62	-
Receivables	2,944	2,959	1,702	34.3	-
Inventory	1,716	1,875	160.01	150.9	-
Prepaid Expenses	4.88	3.3	3.38	3.69	3.51
Other Current Assets	50.3	56.87	110.11	72.56	48.97
Total Current Assets	5,430	5,781	3,500	336.53	191.95
Property, Plant & Equipment	524.48	597.59	755.72	542.98	517.78
Long-Term Investments	0.3	0.3	0.3	-	-
Goodwill	741.8	856.59	382.17	-	-
Other Intangible Assets	7.07	7.25	8.34	-	-
Other Long-Term Assets	137	251	171	55.33	50.83
Total Assets	6,841	7,494	4,818	934.84	760.56
Accounts Payable	3,477	3,223	926.99	14.47	-
Accrued Expenses	12.94	28.02	9.49	7.7	0.74
Short-Term Debt	300	300	300	394.04	5.23
Other Current Liabilities	304.03	247.9	48.94	18.43	90.19
Total Current Liabilities	4,094	3,799	1,285	434.65	96.15
Long-Term Debt	267.51	253.57	829.08	544.71	500
Other Long-Term Liabilities	0	0	-	-0	-
Total Liabilities	4,510	4,178	2,117	994.13	596.15
Common Stock	1,057	1,057	1,034	840	500
Additional Paid-In Capital	7,226	7,226	4,991	373.49	-
Retained Earnings	-6,245	-5,260	-3,518	-1,273	-329.08
Comprehensive Income & Other	-0	-	-	-	-6.51
Total Common Equity	2,037	3,022	2,507	-59.29	164.41
Shareholders' Equity	2,331	3,316	2,701	-59.29	164.41
Total Liabilities & Equity	6,841	7,494	4,818	934.84	760.56
Total Debt	567.51	553.57	1,129	938.75	505.23
Net Cash (Debt)	147.59	332.89	395.37	-863.67	-365.76
Net Cash Growth	-55.67%	-15.80%	-	-	-
Net Cash Per Share	69.85	157.48	191.19	-514.34	-365.67
Filing Date Shares Outstanding	2.11	2.11	2.07	1.68	1
Total Common Shares Outstanding	2.11	2.11	2.07	1.68	1
Working Capital	1,336	1,982	2,215	-98.12	95.8
Book Value Per Share	964.28	1429.67	1212.37	-35.31	164.37
Tangible Book Value	1,289	2,158	2,117	-59.29	164.41
Tangible Book Value Per Share	609.86	1021.02	1023.53	-35.31	164.37
Buildings	-	3.33	13.9	-	-
Machinery	1,536	1,589	1,561	766	493.51

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