S-Oil Balance Sheet

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
Cash & Equivalents	1,834,658	1,945,837	1,963,279	1,310,326	1,945,526
Short-Term Investments	8,000	11,000	11,000	151,000	11,000
Trading Asset Securities	1	1	2	11	51
Cash & Short-Term Investments	1,842,659	1,956,838	1,974,281	1,461,337	1,956,577
Cash Growth	-5.83%	-0.88%	35.10%	-25.31%	80.90%
Accounts Receivable	2,020,637	2,184,056	2,322,672	2,313,983	1,979,483
Other Receivables	548,725	1,308,210	682,322	660,772	869,791
Receivables	2,575,506	3,496,765	3,011,029	2,980,559	2,855,726
Inventory	4,164,448	4,493,062	4,639,174	4,733,160	3,545,340
Prepaid Expenses	17,483	17,521	18,681	13,031	6,003
Other Current Assets	15,460	83,853	4,595	17,894	13,777
Total Current Assets	8,615,556	10,048,039	9,647,760	9,205,981	8,377,423
Property, Plant & Equipment	17,297,803	13,720,774	11,300,958	9,797,234	9,813,466
Long-Term Investments	141,248	141,484	140,328	107,424	107,263
Goodwill	57,080	57,080	57,080	57,080	57,080
Other Intangible Assets	92,439	91,688	58,517	49,338	51,290
Other Long-Term Assets	325,937	358,742	344,106	364,983	259,798
Total Assets	26,556,957	24,451,433	21,576,123	19,613,135	18,693,235
Accounts Payable	6,981,686	4,981,628	3,989,487	3,172,420	3,075,770
Accrued Expenses	964,777	577,829	839,914	802,700	1,681,022
Short-Term Debt	2,173,105	3,354,899	2,142,469	1,939,122	2,358,921
Current Portion of Long-Term Debt	330,662	659,904	639,836	589,764	459,904
Current Portion of Leases	102,286	53,893	63,017	79,508	72,417
Current Income Taxes Payable	4,535	632	145,307	651,723	126,297
Other Current Liabilities	1,653,808	2,027,898	1,434,490	977,921	730,696
Total Current Liabilities	12,210,859	11,656,683	9,254,520	8,213,158	8,505,027
Long-Term Debt	5,031,572	3,791,214	2,836,691	2,426,761	2,736,087
Long-Term Leases	271,014	142,814	153,923	184,148	214,575
Long-Term Deferred Tax Liabilities	114,356	123,253	250,301	263,438	208,730
Other Long-Term Liabilities	41,755	41,822	43,123	42,161	40,774
Total Liabilities	17,669,556	15,755,786	12,538,558	11,129,666	11,705,193
Common Stock	291,512	291,512	291,512	291,512	291,512
Additional Paid-In Capital	1,331,501	1,331,501	1,331,501	1,331,501	1,331,501
Retained Earnings	6,236,916	6,045,822	6,394,951	5,843,872	4,349,094
Treasury Stock	-1,876	-1,876	-1,876	-1,876	-1,876
Comprehensive Income & Other	1,029,348	1,028,688	1,021,477	1,018,460	1,017,811
Shareholders' Equity	8,887,401	8,695,647	9,037,565	8,483,469	6,988,042
Total Liabilities & Equity	26,556,957	24,451,433	21,576,123	19,613,135	18,693,235
Total Debt	7,908,639	8,002,724	5,835,936	5,219,303	5,841,904
Net Cash (Debt)	-6,065,980	-6,045,886	-3,861,655	-3,757,966	-3,885,327
Net Cash Per Share	-52103.99	-51931.39	-33169.85	-32279.21	-33373.18
Filing Date Shares Outstanding	116.42	112.58	112.58	112.58	112.58
Total Common Shares Outstanding	116.42	116.42	116.42	116.42	116.42
Working Capital	-3,595,303	-1,608,644	393,240	992,823	-127,604
Book Value Per Share	76338.71	74691.63	77628.55	72869.12	60024.08
Tangible Book Value	8,737,882	8,546,879	8,921,968	8,377,051	6,879,672
Tangible Book Value Per Share	75054.41	73413.78	76635.62	71955.03	59093.23
Land	1,872,816	1,870,276	1,869,917	1,748,774	1,760,455
Buildings	2,769,685	2,698,704	2,621,986	2,487,647	2,484,656
Machinery	8,518,570	8,456,028	8,330,014	8,247,616	8,267,321
Construction In Progress	8,604,058	4,963,264	2,379,302	1,038,798	794,513

Source: S&P Global Market Intelligence. Standard template. Financial Sources.