LS Marine Solution Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2012	FY 2011	FY 2010
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010
Cash & Equivalents	109,721	78,467	34,243	2,917	16,980	16,881
Short-Term Investments	286,202	959.86	-0	1,006	4,991	10,047
Cash & Short-Term Investments	395,923	79,427	34,243	3,924	21,971	26,928
Cash Growth	1056.22%	131.95%	772.74%	-82.14%	-18.41%	-35.51%
Accounts Receivable	76,232	73,523	25,173	12,812	24,860	18,343
Other Receivables	-	522.04	224.79	-	-	940.37
Receivables	76,232	74,789	25,397	12,812	24,860	19,284
Inventory	1,522	1,624	1,860	163.1	1,229	1,012
Prepaid Expenses	3,765	2,930	2,595	-	-	396.98
Other Current Assets	13,886	4,935	2,671	17,754	8,638	1,731
Total Current Assets	491,328	163,704	66,767	34,652	56,698	49,835
Property, Plant & Equipment	83,038	78,635	74,599	71,946	67,340	40,784
Long-Term Investments	115,459	1,254	430.86	293.43	291.36	2,316
Goodwill	4,479	4,479	-	-	-	-
Other Intangible Assets	354.49	429.07	490	1,045	1,109	174
Long-Term Accounts Receivable	0	-0	-0	1,851	1,625	-
Long-Term Deferred Tax Assets	3,460	2,594	1,367	-	-	687.82
Long-Term Deferred Charges	0.02	0.02	-	-	-	-
Other Long-Term Assets	7,408	3,173	3,075	-	-	5,383
Total Assets	705,527	254,270	146,728	109,787	127,063	99,180
Accounts Payable	16,232	7,436	-	5,088	12,515	-
Accrued Expenses	10,852	2,570	2,168	-	-	986.87
Short-Term Debt	-	-	-	10,387	12,363	-
Current Portion of Long-Term Debt	-	-	-	-	-	7,289
Current Portion of Leases	548.71	388.15	200.76	-	-	-
Current Income Taxes Payable	1,225	3,117	2,109	772.15	254.23	-
Current Unearned Revenue	10,510	5,743	-	-	-	4,376
Other Current Liabilities	33,059	24,475	19,413	3,296	10,087	5,196
Total Current Liabilities	72,427	43,729	23,891	19,542	35,220	17,848
Long-Term Debt	-	-	-	2,356	11,210	10,933
Long-Term Leases	1,154	1,264	97.05	-	-	-
Pension & Post-Retirement Benefits	375.92	-	-	621.46	333.02	292.93
Long-Term Deferred Tax Liabilities	-	-	-	2,308	1,165	-
Other Long-Term Liabilities	5,758	1,120	109.53	208.56	77.04	1,043
Total Liabilities	79,715	46,112	24,098	25,037	48,004	30,117
Common Stock	52,239	32,669	25,938	21,900	21,900	21,900
Additional Paid-In Capital	499,139	103,368	33,814	12,856	12,856	12,859
Retained Earnings	76,253	73,940	64,697	51,811	46,119	36,591
Treasury Stock	-1,819	-1,819	-1,819	-1,819	-1,819	-1,819
Comprehensive Income & Other	0	0	-0	2.86	2.86	-467.55
Shareholders' Equity	625,812	208,157	122,630	84,750	79,059	69,063
Total Liabilities & Equity	705,527	254,270	146,728	109,787	127,063	99,180
Total Debt	1,702	1,652	297.81	12,743	23,573	18,222
Net Cash (Debt)	394,220	77,775	33,945	-8,819	-1,602	8,706
Net Cash Growth	1061.34%	129.12%	-	-	-	-44.19%
Net Cash Per Share	11660.25	2879.71	1380.31	-429.00	-77.97	423.56
Filing Date Shares Outstanding	50.89	31.32	24.59	20.6	20.57	20.55
Total Common Shares Outstanding	50.89	31.32	24.59	20.6	20.57	20.55
Working Capital	418,901	119,976	42,876	15,110	21,478	31,987
Book Value Per Share	12296.63	6645.51	4986.52	4114.90	3843.76	3360.05
Tangible Book Value	620,978	203,249	122,140	83,705	77,950	68,889
Tangible Book Value Per Share	12201.65	6488.80	4966.59	4064.16	3789.85	3351.59
Land	6,062	6,062	6,062	-	-	6,062
Buildings	9,677	9,677	7,871	-	-	7,623
Machinery	192,613	189,993	174,329	-	-	68,571
Construction In Progress	8,685	739.06	4,369	-	-	4,932

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.