SK Discovery 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 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Equivalents	1,474,376	1,314,193	1,381,256	1,015,984	837,831	189,162
Short-Term Investments	95,217	706,594	411,534	434,966	175,674	38,259
Trading Asset Securities	1,318,689	442,816	710,247	1,128,615	1,667,121	821,621
Cash & Short-Term Investments	2,888,282	2,463,603	2,503,037	2,579,566	2,680,626	1,049,042
Cash Growth	-1.34%	-1.57%	-2.97%	-3.77%	155.53%	-3.50%
Accounts Receivable	1,541,085	1,267,789	1,217,721	918,903	1,139,399	902,516
Other Receivables	342,281	79,736	190,358	76,173	134,409	71,509
Receivables	1,883,366	1,431,174	1,408,079	995,076	1,273,808	974,025
Inventory	1,270,593	1,302,337	1,179,864	910,882	1,020,714	533,684
Prepaid Expenses	71,675	54,240	52,051	44,352	41,264	48,703
Other Current Assets	447,935	139,322	397,172	308,439	146,874	196,187
Total Current Assets	6,561,851	5,390,677	5,540,202	4,838,316	5,163,287	2,801,641
Property, Plant & Equipment	8,013,204	7,394,064	6,837,059	4,627,668	3,794,201	1,592,370
Long-Term Investments	1,402,230	1,746,527	1,469,735	1,273,256	1,218,082	2,189,243
Goodwill	81,286	74,527	76,710	19,274	21,301	21,301
Other Intangible Assets	671,753	689,428	746,676	747,340	848,860	126,001
Long-Term Accounts Receivable	4,794	20,069	525.06	960.19	2,144	2,148
Long-Term Deferred Tax Assets	183,085	171,856	151,268	83,514	42,176	11,713
Long-Term Deferred Charges	105,152	73,704	7,813	2,848	2,848	2,640
Other Long-Term Assets	765,760	575,771	213,804	559,116	592,879	121,439
Total Assets	17,789,114	16,299,659	15,142,281	12,250,710	11,780,098	6,881,873

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Accounts Payable	785,128	553,095	492,799	303,996	241,190	154,027
Accrued Expenses	166,502	269,939	322,432	136,922	236,668	57,005
Short-Term Debt	1,568,562	1,320,287	1,266,324	1,319,978	1,644,791	1,244,494
Current Portion of Long-Term Debt	988,551	788,839	963,082	509,351	363,810	259,567
Current Portion of Leases	204,191	198,416	147,891	66,547	76,428	61,645
Current Income Taxes Payable	105,216	56,813	85,771	51,221	119,985	56,256
Current Unearned Revenue	9,889	9,164	443.06	362.85	229.52	-
Other Current Liabilities	855,172	547,080	561,811	441,515	600,138	144,481
Total Current Liabilities	4,683,210	3,743,633	3,840,553	2,829,893	3,283,239	1,977,475
Long-Term Debt	4,184,839	3,873,079	3,018,215	2,575,927	1,689,401	1,247,759
Long-Term Leases	1,089,505	1,115,581	1,095,122	297,271	357,983	340,515
Long-Term Unearned Revenue	27,727	28,092	249.06	76.66	86.69	96.72
Pension & Post-Retirement Benefits	-	-	706.39	262.23	-	5,609
Long-Term Deferred Tax Liabilities	419,273	388,813	405,892	374,371	366,680	154,577
Other Long-Term Liabilities	347,430	299,215	278,521	103,338	129,387	86,533
Total Liabilities	10,751,985	9,448,413	8,639,258	6,181,138	5,826,777	3,812,565

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Common Stock	111,677	111,677	111,677	111,677	111,677	111,677
Additional Paid-In Capital	863,784	986,079	975,155	965,050	969,026	690,582
Retained Earnings	3,319,291	3,102,449	3,026,286	3,023,511	2,864,651	2,512,419
Treasury Stock	-33,458	-58,368	-49,159	-40,660	-30,684	-29,239
Comprehensive Income & Other	-1,212,397	-1,233,912	-1,211,321	-1,118,062	-1,095,666	-872,148
Total Common Equity	3,048,897	2,907,926	2,852,637	2,941,516	2,819,005	2,413,291
Minority Interest	3,988,232	3,943,320	3,650,386	3,128,056	3,134,317	656,017
Shareholders' Equity	7,037,129	6,851,246	6,503,023	6,069,572	5,953,322	3,069,308
Total Liabilities & Equity	17,789,114	16,299,659	15,142,281	12,250,710	11,780,098	6,881,873

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Total Debt	8,035,647	7,296,202	6,490,633	4,769,074	4,132,413	3,153,979
Net Cash (Debt)	-5,147,366	-4,832,599	-3,987,596	-2,189,508	-1,451,787	-2,104,937
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-280163.72	-259749.11	-207633.09	-111210.40	-73482.24	-103630.32
Filing Date Shares Outstanding	16.77	18.35	17.71	18.15	18.4	18.43
Total Common Shares Outstanding	16.77	18.35	19.02	19.5	19.76	19.79
Working Capital	1,878,640	1,647,044	1,699,650	2,008,422	1,880,048	824,166
Book Value Per Share	181779.34	158509.31	149975.35	150810.57	142675.40	121961.30
Tangible Book Value	2,295,859	2,143,971	2,029,251	2,174,902	1,948,844	2,265,989
Tangible Book Value Per Share	136882.17	116866.61	106686.43	111506.52	98634.85	114517.04
Land	1,198,606	1,117,847	1,106,375	976,549	975,167	359,866
Buildings	2,390,178	1,920,654	1,605,821	741,408	706,459	269,747
Machinery	2,308,689	2,030,899	1,711,443	642,938	616,483	165,347
Construction In Progress	726,363	939,774	1,026,880	1,806,961	1,005,160	204,343