LS Marine Solution Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2012	FY 2011
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Cash & Equivalents	178,519	73,564	78,467	34,243	2,917	16,980
Short-Term Investments	60,390	286,100	959.86	-0	1,006	4,991
Cash & Short-Term Investments	238,908	359,663	79,427	34,243	3,924	21,971
Cash Growth	163.17%	352.82%	131.95%	772.74%	-82.14%	-18.41%
Accounts Receivable	81,956	76,139	73,523	25,173	12,812	24,860
Other Receivables	6,648	-	-	-	-	-
Receivables	227,625	76,139	73,523	25,173	12,812	24,860
Inventory	1,298	1,069	1,624	1,860	163.1	1,229
Prepaid Expenses	3,255	1,741	2,930	2,595	-	-
Other Current Assets	19,148	24,865	6,202	2,896	17,754	8,638
Total Current Assets	490,235	463,478	163,704	66,767	34,652	56,698
Property, Plant & Equipment	151,750	141,993	78,635	74,599	71,946	67,340
Long-Term Investments	115,471	115,471	1,254	430.86	293.43	291.36
Goodwill	4,479	4,479	4,479	-	-	-
Other Intangible Assets	285.98	331.64	429.07	490	1,045	1,109
Long-Term Accounts Receivable	-	-0	-0	-0	1,851	1,625
Long-Term Deferred Tax Assets	2,732	1,447	2,594	1,367	-	-
Long-Term Deferred Charges	0.02	0.02	0.02	-	-	-
Other Long-Term Assets	20,377	11,837	3,173	3,075	-	-
Total Assets	785,331	739,037	254,270	146,728	109,787	127,063

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2012	FY 2011
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Accounts Payable	32,155	19,087	7,436	-	5,088	12,515
Accrued Expenses	3,585	2,900	2,570	2,168	-	-
Short-Term Debt	-	-	-	-	10,387	12,363
Current Portion of Leases	478.92	702.59	388.15	200.76	-	-
Current Income Taxes Payable	4,840	115.43	3,117	2,109	772.15	254.23
Current Unearned Revenue	13,945	12,380	5,743	-	-	-
Other Current Liabilities	41,212	29,325	24,475	19,413	3,296	10,087
Total Current Liabilities	96,215	64,511	43,729	23,891	19,542	35,220
Long-Term Debt	35,541	34,932	-	-	2,356	11,210
Long-Term Leases	775.53	1,089	1,264	97.05	-	-
Pension & Post-Retirement Benefits	509.62	68.08	-	-	621.46	333.02
Long-Term Deferred Tax Liabilities	-	365.06	-	-	2,308	1,165
Other Long-Term Liabilities	19,588	9,999	1,120	109.53	208.56	77.04
Total Liabilities	152,629	110,964	46,112	24,098	25,037	48,004

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2012	FY 2011
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Common Stock	52,239	52,239	32,669	25,938	21,900	21,900
Additional Paid-In Capital	501,215	501,081	103,368	33,814	12,856	12,856
Retained Earnings	81,414	76,572	73,940	64,697	51,811	46,119
Treasury Stock	-1,819	-1,819	-1,819	-1,819	-1,819	-1,819
Comprehensive Income & Other	-346.55	0	0	-0	2.86	2.86
Shareholders' Equity	632,702	628,073	208,157	122,630	84,750	79,059
Total Liabilities & Equity	785,331	739,037	254,270	146,728	109,787	127,063

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2012	FY 2011
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Total Debt	36,795	36,724	1,652	297.81	12,743	23,573
Net Cash (Debt)	202,113	322,939	77,775	33,945	-8,819	-1,602
Net Cash Growth	142.81%	315.22%	129.12%	-	-	-
Net Cash Per Share	4085.07	8282.24	2880.50	1380.31	-429.00	-77.97
Filing Date Shares Outstanding	50.89	50.89	31.32	24.59	20.6	20.57
Total Common Shares Outstanding	50.89	50.89	31.32	24.59	20.6	20.57
Working Capital	394,020	398,967	119,976	42,876	15,110	21,478
Book Value Per Share	12432.01	12341.05	6645.51	4986.52	4114.90	3843.76
Tangible Book Value	627,937	623,262	203,249	122,140	83,705	77,950
Tangible Book Value Per Share	12338.37	12246.52	6488.80	4966.59	4064.16	3789.85
Land	6,062	6,062	6,062	6,062	-	-
Buildings	9,677	9,677	9,677	7,871	-	-
Machinery	193,282	192,840	189,993	174,329	-	-
Construction In Progress	83,323	69,491	739.06	4,369	-	-