Non-controlling interests (Tables)

12 Months Ended

Dec. 31, 2025

Non-controlling Interests

Schedule of financial statements non-controlling interests

		Play F&B Co., Ltd.			LAMP			Bidangil			Apeitda			Anseilen			Solaire
		(In thousands of Korean Won)
NCI percentage			32.90	%		48.72	%		46.32	%		49.00	%		49.00	%		5.00	%
Current assets	₩		2,045,475			1,138,776			1,911,132			611,118			2,042,121			2,431,728
Non-current assets			7,963,314			2,101,926			573,171			720,489			541,668			1,464,256
Current liabilities			12,448,502			3,071,754			243,386			442,179			1,722,416			5,613,579
Non-current liabilities			5,549,987			913,434			45,445			368,632			2,210,221			109,154
Net assets			(7,989,700	)		(744,486	)		2,195,472			520,796			(1,348,848	)		(1,826,749	)
Revenue			12,323,986			5,971,517			586,554			26,033			13,916,681			745,138
Profit (loss)			(2,243,682	)		(1,079,108	)		(700,970	)		(317,513	)		(776,392	)		(3,012,058	)
OCI			69,964			8,815			-			11,923			10,781			209,730
Total comprehensive income			(2,173,718	)		(1,070,293	)		(700,970	)		(305,590	)		(765,611	)		(2,802,328	)
Cash flows from operation activities			234,619			(442,877	)		(890,230	)		11,204			(26,482	)		(748,096	)
Cash flows from investment activities			(23,611	)		492,090			112,402			16,986			(72,195	)		(2,306,301	)
Cash flows from financing activities			(126,230	)		(287,064	)		(110,236	)		220,000			-			3,103,355
Effect of exchange rate changes on cash and cash equivalents			-			-			-			(87	)		-			-
Net increase(decrease) in cash and cash equivalents	₩		84,778			(237,851	)		(888,064	)		248,103			(98,677	)		48,958

Summary of financial statements of the Company’s subsidiary that has material non-controlling interest, before any intercompany transactions eliminations for the year ended December 31, 2024 is as follows:

		Play F&B Co., Ltd.
		(In thousands of Korean won)
NCI percentage			32.90	%
Current assets	₩		1,623,260
Non-current assets			15,973,466
Current liabilities			10,443,166
Non-current liabilities			8,946,049
Net assets			(1,792,489	)
Revenue			14,630,426
Profit (loss)			(3,101,420	)
OCI			44,084
Total comprehensive income	₩		(3,057,335	)
Cash flows from operation activities			568,367
Cash flows from investment activities			(293,624	)
Cash flows from financing activities			(375,958	)
Net increase(decrease) in cash and cash equivalents	₩		(101,215	)

Summary of financial statements of the Company’s subsidiary that has material non-controlling interest, before any intercompany transactions eliminations for the year ended December 31, 2023 is as follows:

		Play F&B Co., Ltd.
		(In thousands of Korean won)
NCI percentage			32.90	%
Current assets	₩		1,873,566
Non-current assets			21,776,729
Current liabilities			6,838,358
Non-current liabilities			15,859,171
Net assets			952,766
Revenue			17,709,332
Profit (loss)			(1,140,267	)
OCI			109,558
Total comprehensive income	₩		(1,030,709	)
Cash flows from operation activities			(94,618	)
Cash flows from investment activities			(860,374	)
Cash flows from financing activities			480,119
Net increase(decrease) in cash and cash equivalents	₩		(474,873	)

Schedule of non-controlling interests

		Play F&B Co., Ltd.			LAMP			Bidangil			Apeitda			Anseilen			Solaire			Total
		(In thousands of Korean won)
Net assets attributable to NCI at beginning of the year	₩		(590,774	)		-			-			-			-			-			(590,774	)
Acquisition Merger			-			732,249			1,715,156			404,930			(285,787	)		48,779			2,615,327
Profit allocated to NCI			(694,822	)		(603,536	)		(379,913	)		(155,582	)		(380,432	)		(152,677	)		(2,366,962	)
OCI allocated to NCI			22,996			4,295			-			5,843			5,283			10,486			48,903
Net assets attributable to NCI at the end of the year			(1,262,600	)		133,008			1,335,243			255,191			(660,936	)		(93,412	)		(293,506	)

Movement in NCI for the year ended December 31, 2024 is follows:

		Play F&B Co., Ltd.
		(In thousands of Korean won)
Net assets attributable to NCI at beginning of the year	₩		411,556
Profit allocated to NCI			(1,016,820	)
OCI allocated to NCI			14,490
Net assets attributable to NCI at the end of the year	₩		(590,774	)

Movement in NCI for the year ended December 31, 2023 is follows:

		Play F&B Co., Ltd.
		(In thousands of Korean won)
Net assets attributable to NCI at beginning of the year	₩		720,382
Profit allocated to NCI			(344,836	)
OCI allocated to NCI			36,011
Net assets attributable to NCI at the end of the year	₩		411,556