Tae Sung System Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	9,173	6,189
Short-Term Investments	3,000	2,500
Cash & Short-Term Investments	12,173	8,689
Cash Growth	40.09%	-
Accounts Receivable	9,649	2,329
Other Receivables	618.77	14.85
Receivables	10,268	2,344
Inventory	11,456	12,184
Prepaid Expenses	13.72	14.16
Other Current Assets	171.95	133.36
Total Current Assets	34,082	23,365
Property, Plant & Equipment	20,161	15,367
Long-Term Investments	508.91	84.09
Goodwill	15,076	15,076
Other Intangible Assets	95.72	159.02
Long-Term Accounts Receivable	-0	-0
Long-Term Deferred Tax Assets	640.52	326.56
Other Long-Term Assets	859.55	1,464
Total Assets	71,423	55,841
Accounts Payable	3,750	5,150
Accrued Expenses	258.45	176.63
Short-Term Debt	10,400	5,400
Current Portion of Long-Term Debt	3,650	1,025
Current Portion of Leases	146.67	163.85
Current Income Taxes Payable	227.15	419.81
Other Current Liabilities	26,175	11,994
Total Current Liabilities	44,607	24,329
Long-Term Debt	10,685	9,000
Long-Term Leases	70.75	128.91
Other Long-Term Liabilities	0	7,255
Total Liabilities	55,363	40,713
Common Stock	103.47	103.47
Additional Paid-In Capital	44,482	44,482
Retained Earnings	13,387	12,401
Comprehensive Income & Other	-40,607	-40,607
Total Common Equity	17,366	16,380
Minority Interest	-1,433	-1,379
Shareholders' Equity	16,061	15,128
Total Liabilities & Equity	71,423	55,841
Total Debt	24,952	15,718
Net Cash (Debt)	-12,780	-7,028
Net Cash Per Share	-123517.46	-76293.61
Filing Date Shares Outstanding	0.1	0.09
Total Common Shares Outstanding	0.1	0.09
Working Capital	-10,525	-964.2
Book Value Per Share	167847.59	177806.56
Tangible Book Value	2,195	1,145
Tangible Book Value Per Share	21211.67	12429.93
Land	16,301	13,104
Buildings	560.61	560.61
Machinery	1,433	1,257
Construction In Progress	2,087	182.02

Source: S&P Capital IQ. Standard template. Financial Sources.