Nexen Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,581,946	3,211,126	3,032,758	3,001,035	2,400,289
Other Revenue	4,572	3,178	3,304	2,915	3,593
Revenue	3,586,518	3,214,304	3,036,062	3,003,950	2,403,881
Revenue Growth (YoY)	11.58%	5.87%	1.07%	24.96%	22.12%
Cost of Revenue	2,632,782	2,336,232	2,218,969	2,500,923	1,896,966
Gross Profit	953,736	878,072	817,093	503,027	506,915
Selling, General & Admin	685,756	598,327	540,628	478,353	422,662
Amortization of Goodwill & Intangibles	7,756	8,998	5,606	5,311	5,311
Other Operating Expenses	20,606	19,144	16,712	15,752	14,535
Operating Expenses	749,556	669,036	596,235	525,724	473,330
Operating Income	204,180	209,036	220,858	-22,698	33,585
Interest Expense	-81,620	-96,932	-62,291	-29,336	-19,936
Interest & Investment Income	13,336	16,059	15,875	11,029	8,277
Earnings From Equity Investments	-	-	-	-	46.78
Currency Exchange Gain (Loss)	49,206	66,307	5,478	18,024	26,767
Other Non Operating Income (Expenses)	13,930	2,963	4,510	-373.54	-2,599
EBT Excluding Unusual Items	199,032	197,432	184,429	-23,353	46,142
Gain (Loss) on Sale of Investments	41,760	18,150	6,086	25,652	9,238
Gain (Loss) on Sale of Assets	620.23	5,893	368.86	-1,199	-5,385
Asset Writedown	-3,733	-6,311	-9,970	-4,214	-2,351
Pretax Income	237,679	215,163	180,914	-3,114	47,644
Income Tax Expense	59,810	56,722	80,465	-4,891	18,222
Earnings From Continuing Operations	177,870	158,441	100,449	1,777	29,422
Minority Interest in Earnings	-86,676	-72,534	-58,813	15,692	-580.88
Net Income	91,194	85,907	41,636	17,469	28,841
Net Income to Common	91,194	85,907	41,636	17,469	28,841
Net Income Growth	6.15%	106.33%	138.34%	-39.43%	164.99%
Shares Outstanding (Basic)	52	52	54	55	55
Shares Outstanding (Diluted)	52	52	54	55	55
Shares Change (YoY)	-1.10%	-1.94%	-2.89%	-0.43%	-1.38%
EPS (Basic)	1757.00	1637.00	778.00	317.00	521.12
EPS (Diluted)	1757.00	1637.00	778.00	317.00	521.12
EPS Growth	7.33%	110.41%	145.43%	-39.17%	168.69%
Free Cash Flow	126,316	76,571	-40,666	-314,176	101,614
Free Cash Flow Per Share	2433.69	1459.09	-759.88	-5701.21	1836.05
Dividend Per Share	-	-	-	-	100.000
Dividend Growth	-	-	-	-	17.65%
Gross Margin	26.59%	27.32%	26.91%	16.75%	21.09%
Operating Margin	5.69%	6.50%	7.27%	-0.76%	1.40%
Profit Margin	2.54%	2.67%	1.37%	0.58%	1.20%
Free Cash Flow Margin	3.52%	2.38%	-1.34%	-10.46%	4.23%
EBITDA	516,450	457,751	429,706	184,757	238,065
EBITDA Margin	14.40%	14.24%	14.15%	6.15%	9.90%
D&A For EBITDA	312,270	248,715	208,849	207,455	204,480
EBIT	204,180	209,036	220,858	-22,698	33,585
EBIT Margin	5.69%	6.50%	7.27%	-0.76%	1.40%
Effective Tax Rate	25.16%	26.36%	44.48%	-	38.25%
Advertising Expenses	69,177	64,163	63,325	53,770	56,316

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.