Lotte Energy Materials 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	105,058	418,623	551,987	200,612	234,580
Short-Term Investments	343,988	76,437	20,034	22,809	3,284
Trading Asset Securities	-	-	104,592	707,901	369,644
Cash & Short-Term Investments	449,046	495,059	676,614	931,321	607,508
Cash Growth	-9.29%	-26.83%	-27.35%	53.30%	107.01%
Accounts Receivable	115,849	176,247	204,908	141,178	162,884
Other Receivables	4,922	1,848	2,675	32,510	2,101
Receivables	181,082	178,545	207,956	173,947	165,111
Inventory	298,817	333,180	345,033	305,073	134,866
Prepaid Expenses	8,584	8,308	9,043	9,649	10,462
Other Current Assets	21,369	16,360	23,354	16,358	41,464
Total Current Assets	958,898	1,031,452	1,262,000	1,436,348	959,411
Property, Plant & Equipment	1,080,998	1,127,894	1,000,401	873,976	673,797
Long-Term Investments	25,960	23,493	95,793	90,717	100,356
Goodwill	17.8	17.8	17.8	17.8	17.8
Other Intangible Assets	37,635	29,467	12,190	10,526	8,223
Long-Term Accounts Receivable	-	-	-	-	3,835
Long-Term Deferred Tax Assets	101,450	66,762	18,093	13,940	3,580
Other Long-Term Assets	3,601	2,815	3,630	3,995	3,577
Total Assets	2,208,681	2,282,023	2,392,247	2,430,280	1,753,565
Accounts Payable	21,576	15,703	30,040	30,908	23,081
Accrued Expenses	12,913	13,578	14,256	19,088	21,308
Short-Term Debt	18,503	17,999	200,291	35,329	5,176
Current Portion of Long-Term Debt	100,000	186.65	212.64	264.28	264.28
Current Portion of Leases	6,292	7,490	8,244	8,778	7,231
Current Income Taxes Payable	1,648	8,291	1,558	8,627	6,757
Current Unearned Revenue	18,803	32,130	38,684	27,467	24,558
Other Current Liabilities	22,542	22,263	39,514	46,082	60,186
Total Current Liabilities	202,276	117,641	332,800	176,544	148,562
Long-Term Debt	62,854	106,826	5,653	184,886	179,877
Long-Term Leases	10,851	17,010	17,615	13,172	10,308
Long-Term Unearned Revenue	279.5	479.8	722.8	1,109	4,907
Pension & Post-Retirement Benefits	15,621	26,435	28,852	28,953	34,531
Long-Term Deferred Tax Liabilities	3,816	3,836	16,550	10,514	7,123
Other Long-Term Liabilities	119,518	107,840	24,221	25,015	18,975
Total Liabilities	415,216	380,067	426,414	440,193	404,285
Common Stock	26,183	23,055	23,055	23,055	23,055
Additional Paid-In Capital	1,197,828	929,178	1,137,696	1,140,278	696,945
Retained Earnings	83,681	237,456	243,419	293,741	256,976
Comprehensive Income & Other	348,271	143,939	29,325	2,832	11,622
Total Common Equity	1,655,962	1,333,628	1,433,495	1,459,906	988,599
Minority Interest	137,503	568,328	532,337	530,180	360,681
Shareholders' Equity	1,793,465	1,901,956	1,965,833	1,990,086	1,349,280
Total Liabilities & Equity	2,208,681	2,282,023	2,392,247	2,430,280	1,753,565
Total Debt	198,499	149,511	232,016	242,430	202,856
Net Cash (Debt)	250,547	345,548	444,598	688,891	404,652
Net Cash Growth	-27.49%	-22.28%	-35.46%	70.24%	75.05%
Net Cash Per Share	4874.25	7515.33	9641.93	14939.89	8761.01
Filing Date Shares Outstanding	52.37	46.11	46.11	46.11	46.11
Total Common Shares Outstanding	52.37	46.11	46.11	46.11	46.11
Working Capital	756,622	913,812	929,199	1,259,804	810,848
Book Value Per Share	31623.18	28922.23	31088.04	31660.81	21439.62
Tangible Book Value	1,618,310	1,304,143	1,421,287	1,449,363	980,358
Tangible Book Value Per Share	30904.14	28282.80	30823.28	31432.15	21260.91
Land	55,532	55,532	67,154	67,154	67,154
Buildings	225,585	229,280	198,452	204,960	141,380
Machinery	909,942	890,358	762,144	716,415	482,553
Construction In Progress	405,176	384,617	309,229	164,384	223,147

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