Q1 2026 Consolidated Financial Statements (Fully-IFRSs) (full 115q1 final)

ASSETS

Amount

%

Amount

%

Amount

%

LIABILITIES AND EQUITY

Amount

%

Amount

%

Amount

%

CURRENT ASSETS

CURRENT LIABILITIES

Cash and cash equivalents

$ 35,231

6

$ 36,944

7

$ 29,048

5

Short-term loans

$ 540

- $ 340

- $ 530

-

Financial assets at fair value through profit or loss

-

-

3

-

5

-

Financial liabilities at fair value through profit or loss

2

- -

- -

-

Financial assets at fair value through other

Hedging financial liabilities

2

- -

- -

-

comprehensive income -

-

19

-

-

-

Contract liabilities

22,647

4

21,296

4

16,582

3

Hedging financial assets

-

-

3

-

-

-

Trade notes and accounts payable

13,846

3

15,923

3

10,693

2

Contract assets

8,809

2

8,576

2

8,487

2

Payables to related parties

144

-

177

-

120

-

Trade notes and accounts receivable, net

29,146

6

27,396

5

22,497

4

Current tax liabilities

10,340

2

7,346

2

9,706

2

Receivables from related parties

178

-

213

-

155

-

Lease liabilities

3,951

1

3,890

1

3,739

1

Inventories

14,904

3

13,179

2

11,916

2

Other payables

26,053

5

28,716

5

23,586

4

Prepayments

8,198

1

3,790

1

6,409

1

Provisions

541

-

525

-

669

-

Other current monetary assets

33,626

6

23,468

4

36,773

7

Current portion of long-term loans

5,399

1

1,900

-

8,805

2

Incremental costs of obtaining contracts

339

-

339

-

339

-

Other current liabilities

948

-

957

-

1,017

-

Other current assets

4,033

1

3,441

1

2,994

1

Total current liabilities

84,413

16

81,070

15

75,447

14

Total current assets

134,464

25

117,371

22

118,623

22

NONCURRENT LIABILITIES

NONCURRENT ASSETS

Long-term loans

1,600

-

1,600

-

1,629

-

Financial assets at fair value through profit or loss

1,239

-

1,211

-

1,083

-

Bonds payable

21,688

4

23,288

4

21,690

4

Financial assets at fair value through other

Contract liabilities

6,647

1

6,567

1

7,407

1

comprehensive income

6,707

1

6,787

1

5,300

1

Deferred income tax liabilities

2,888

1

2,829

1

2,714

2

Financial assets at amortized cost

2,020

-

2,020

-

2,000

-

Provisions

563

-

560

-

308

-

Investments accounted for using equity method

8,490

2

8,264

2

8,926

2

Lease liabilities

6,574

1

7,001

1

7,462

1

Contract assets

4,834

1

4,733

1

4,354

1

Customers' deposits

5,223

1

5,262

1

5,161

1

Property, plant and equipment

282,833

51

288,165

55

286,590

53

Net defined benefit liabilities

2,363

-

2,329

1

2,120

-

Right-of-use assets

10,476

2

10,764

2

11,321

2

Other noncurrent liabilities

7,032

1

6,703

1

7,581

1

Investment properties

14,103

3

12,420

2

12,293

2

Intangible assets

58,261

11

59,762

11

64,647

12

Total noncurrent liabilities

54,578

9

56,139

10

56,072

10

Deferred income tax assets

1,796

-

1,782

-

1,749

-

Incremental costs of obtaining contracts

1,052

-

1,109

-

1,209

-

Total liabilities

138,991

25

137,209

25

131,519

24

Net defined benefit assets

10,022

2

9,866

2

9,072

3

Prepayments

6,174

1

5,931

1

4,790

1

EQUITY ATTRIBUTABLE TO STOCKHOLDERS OF

Other noncurrent assets

5,147

1

5,495

1

5,075

1

THE PARENT

Common stocks

77,574

14

77,574

14

77,574

14

Total noncurrent assets 413,154

75

418,309

78

418,409

78

Additional paid-in capital

150,946

28

150,923

29

150,063

28

Retained earnings

Legal reserve

77,574

14

77,574

14

77,574

14

Special reserve

2,676

1

2,676

1

2,676

-

Unappropriated earnings

83,975

15

74,364

14

83,681

17

Total retained earnings

164,225

30

154,614

29

163,931

31

Others

941

-

1,020

-

1,231

-

Total equity attributable to stockholders of the parent

393,686

72

384,131

72

392,799

73

NONCONTROLLING INTERESTS

14,941

3

14,340

3

12,714

3

Total equity

408,627

75

398,471

75

405,513

76

Amount

%

Amount

%

REVENUES

$ 59,988

100

$ 55,808

100

OPERATING COSTS

37,238

62

34,203

61

GROSS PROFIT

22,750

38

21,605

39

OPERATING EXPENSES

Marketing

6,428

11

6,140

11

General and administrative

1,972

3

1,793

3

Research and development

1,115

2

1,030

2

Expected credit loss

132

-

120

-

Total operating expenses

9,647

16

9,083

16

OTHER INCOME AND EXPENSES

2

-

1

-

INCOME FROM OPERATIONS

13,105

22

12,523

23

NON-OPERATING INCOME AND EXPENSES

Interest income

198

-

212

-

Other income

41

-

37

-

Other gains and losses

(45)

-

(25)

-

Interest expense

(103)

-

(89)

-

Share of profit or loss of associates and joint

ventures accounted for using equity method

(18)

-

38

-

Total non-operating income and expenses

73

-

173

-

INCOME BEFORE INCOME TAX

13,178

22

12,696

23

INCOME TAX EXPENSE

3,056

5

2,964

5

NET INCOME

10,122

17

9,732

18

TOTAL OTHER COMPREHENSIVE INCOME

(LOSS)

Items that will not be reclassified to profit or loss:

Unrealized gain or loss on investments in equity instruments at fair value through other comprehensive income

(117)

-

568

1

Gain or loss on hedging instruments subject to

basis adjustment

(5)

-

1

-

(Continued)

2026

Amount %

2025

Amount %

Share of other comprehensive income of

associates and joint ventures $ (5) -

$ 1 -

(127) -

570 1

Items that may be reclassified subsequently to profit or loss:

Exchange differences arising from the

translation of the foreign operations

72

-

74

-

Share of other comprehensive income of

associates and joint ventures

(7)

-

7

-

65

-

81

-

Total other comprehensive income, net of

income tax

(62)

-

651

1

TOTAL COMPREHENSIVE INCOME

$ 10,060

17

$ 10,383

19

NET INCOME ATTRIBUTABLE TO

Stockholders of the parent

$ 9,611

16

$ 9,319

17

Noncontrolling interests

511

1

413

1

$ 10,122

17

$ 9,732

18

COMPREHENSIVE INCOME ATTRIBUTABLE

TO

Stockholders of the parent

$ 9,532

16

$ 9,964

18

Noncontrolling interests

528

1

419

1

$ 10,060

17

$ 10,383

19

EARNINGS PER SHARE

Basic

$1.24

$1.20

Diluted

$1.24

$1.20

Arising

Unrealized

from the

Gain or Loss

Total Equity

Retained Earnings

Translation of

on Financial

Gain or Loss

Attributable to

Additional

Special Unappropriated Total Retained

the Foreign

Assets at

on Hedging

Stockholders

Noncontrolling

Common Stocks

Paid-in Capital

Legal Reserve Reserve Earnings Earnings

Operations

FVOCI

Instruments

Total Others

of the Parent

Interests

Total Equity

BALANCE, JANUARY 1, 2025

$ 77,574

$ 150,054

$ 77,574 $ 2,676 $ 74,362 $ 154,612

$ 23

$ 564

$ (1)

$ 586

$ 382,826

$ 12,980

$ 395,806

Cash dividends by subsidiaries

-

-

- - - -

-

-

-

-

-

(710)

(710)

Net income for the three months ended March 31, 2025

-

-

- - 9,319 9,319

-

-

-

-

9,319

413

9,732

Other comprehensive income for the three months ended

March 31, 2025

-

-

- - - -

70

574

1

645

645

6

651

Total comprehensive income for the three months ended

March 31, 2025

-

-

-

-

9,319

9,319

70

574

1

645

9,964

419

10,383

Changes in equities of subsidiaries

-

9

-

-

-

-

-

-

-

-

9

(7)

2

Net increase in noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

32

32

BALANCE, MARCH 31, 2025

$ 77,574

$ 150,063

$ 77,574

$ 2,676

$ 83,681

$ 163,931

$ 93

$ 1,138

$ -

$ 1,231

$ 392,799

$ 12,714

$ 405,513

BALANCE, JANUARY 1, 2026 $ 77,574

$ 150,923

$ 77,574

$ 2,676

$ 74,364

$ 154,614

$ (192)

$ 1,209

$ 3

$ 1,020

$ 384,131

$ 14,340

$ 398,471

Cash dividends by subsidiaries -

-

-

-

-

-

-

-

-

-

-

(610)

(610)

Change in additional paid-in capital for not participating in

the capital increase of subsidiaries -

-

-

-

-

-

-

-

-

-

-

30

30

Net income for the three months ended March 31, 2026 -

-

-

-

9,611

9,611

-

-

-

-

9,611

511

10,122

March 31, 2026

-

-

-

-

9,611

9,611

67

(141)

(5)

(79)

9,532

528

10,060

Changes in equities of subsidiaries

-

23

-

-

-

-

-

-

-

-

23

303

326

Net increase in noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

350

350

BALANCE, MARCH 31, 2026

$ 77,574

$ 150,946

$ 77,574

$ 2,676

$ 83,975

$ 164,225

$ (125)

$ 1,068

$ (2)

$ 941

$ 393,686

$ 14,941

$ 408,627

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES

Income before income tax

$ 13,178

$ 12,696

Adjustments to reconcile income before income tax to net cash

provided by operating activities:

Depreciation

8,537

8,340

Amortization

1,664

1,669

Amortization of incremental costs of obtaining contracts

233

238

Expected credit loss

132

120

Valuation loss (gain) on financial assets and liabilities at fair

value through profit or loss, net

32

-

Interest expense

103

89

Interest income

(198)

(212)

Dividend income

(1)

-

Compensation cost of share-based payment transactions

-

1

Share of loss (gain) of associates and joint ventures accounted for

using equity method

18

(38)

Gain on disposal of property, plant and equipment

(2)

(1)

Provision for impairment loss and obsolescence of inventory

19

38

Gain on disposal of subsidiaries

-

(15)

Others

(50)

50

Changes in operating assets and liabilities:

Decrease (increase) in:

Contract assets

(335)

(121)

Trade notes and accounts receivable

(1,865)

3,407

Receivables from related parties

35

38

Inventories

(1,744)

127

Prepayments

(4,415)

(3,258)

Other current assets

(592)

118

Other current monetary assets

(216)

(119)

Incremental cost of obtaining contracts

(176)

(225)

Increase (decrease) in:

Contract liabilities

1,431

155

Trade notes and accounts payable

(2,077)

(7,041)

Payables to related parties

(33)

(360)

Other payables

(2,372)

(2,349)

Provisions

19

-

Net defined benefit plans

(122)

(177)

Other current liabilities

(11)

(35)

Cash generated from operations

11,192

13,135

Interests paid

(72)

(71)

Income taxes paid

(16)

(113)

2026

2025

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of financial assets at fair value through other comprehensive income

$ (37)

$ (65)

Proceeds from disposal of financial assets at fair value through

other comprehensive income

18

-

Acquisition of financial assets at fair value through profit or loss

(60)

(82)

Acquisition of investments accounted for using equity method

(240)

-

Net cash outflow from loss of control of subsidiaries

-

(9)

Acquisition of property, plant and equipment

(4,550)

(5,407)

Proceeds from disposal of property, plant and equipment

6

2

Acquisition of intangible assets

(79)

(33)

Acquisition of investment properties

-

(2)

Acquisition of time deposits, negotiable certificates of deposit and commercial paper with maturities of more than three months

(21,530)

(23,031)

Proceeds from disposal of time deposits, negotiable certificates of

deposit and commercial paper with maturities of more than three months

11,658

9,705

Decrease (increase) in other noncurrent assets

347

(204)

Increase in prepayments for leases

(236)

(342)

Interests received

167

169

Dividends received

1

156

Proceeds from profit distribution of financial assets at fair value through profit or loss

5

-

Net cash used in investing activities

(14,530)

(19,143)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from short-term loans

675

530

Repayments of short-term loans

(475)

(150)

Proceeds from issuance of bonds

2,569

-

Payments for transaction costs attributable to the issuance of bonds

(5)

-

Decrease in customers' deposits

(38)

(141)

Payments for the principal of lease liabilities

(1,163)

(1,203)

Increase (decrease) in other noncurrent liabilities

296

(107)

Cash dividends distributed to noncontrolling interests

(216)

(1)

Change in other noncontrolling interests

32

13

Net cash provided by (used in) financing activities

1,675

(1,059)

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

38

39

2026

2025

NET DECREASE IN CASH AND CASH EQUIVALENTS

$ (1,713)

$ (7,212)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD

36,944

36,260

CASH AND CASH EQUIVALENTS, END OF PERIOD

$ 35,231

$ 29,048