POSCO STEELEON Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

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	81,575	64,804	85,777	74,575	74,124	73,972
Short-Term Investments	1,000	1,000	1,000	1,000	1,000	2,500
Cash & Short-Term Investments	82,575	65,804	86,777	75,575	75,124	76,472
Cash Growth	18.21%	-24.17%	14.82%	0.60%	-1.76%	18.04%
Accounts Receivable	136,772	138,469	149,259	171,134	183,842	184,772
Other Receivables	9,277	4,822	7,505	6,458	5,157	5,842
Receivables	146,049	143,290	156,764	177,592	189,000	190,614
Inventory	142,467	129,907	155,529	133,798	132,588	162,457
Prepaid Expenses	959.07	774.59	582.13	320.47	169.03	129.7
Other Current Assets	4,332	2,483	74.11	652.47	3,254	2,599
Total Current Assets	376,382	342,258	399,726	387,938	400,135	432,271
Property, Plant & Equipment	138,821	136,537	132,903	132,830	131,471	136,752
Long-Term Investments	399.12	298.34	283.99	281.99	281.99	352.49
Other Intangible Assets	7,531	5,479	3,724	3,324	3,331	3,150
Long-Term Accounts Receivable	4,241	9,687	10,182	17,520	8,185	9,123
Long-Term Deferred Tax Assets	2,218	1,446	2,122	649.93	-	-
Other Long-Term Assets	9,432	11,618	7,863	9,642	11,138	4,784
Total Assets	539,024	507,325	556,804	552,186	554,542	586,433
Accounts Payable	98,742	78,195	98,894	115,494	96,510	128,819
Accrued Expenses	10,092	9,767	9,093	9,040	9,633	7,470
Short-Term Debt	13,426	12,579	39,630	45,411	90,147	98,669
Current Portion of Leases	707.25	637.44	655.97	225.42	267.95	906.53
Current Income Taxes Payable	2,346	900.59	4,750	4,306	1,946	14,454
Current Unearned Revenue	1,447	1,264	1,182	711.16	751.42	1,093
Other Current Liabilities	20,234	12,902	13,644	13,431	9,589	10,036
Total Current Liabilities	146,994	116,245	167,848	188,619	208,844	261,449
Long-Term Leases	979.16	938.54	983.1	985.06	917.14	971.74
Long-Term Deferred Tax Liabilities	-	-	-	-	602.32	321.25
Other Long-Term Liabilities	2,820	2,834	2,673	2,433	997.73	1,269
Total Liabilities	150,794	120,018	171,504	192,037	211,361	264,011
Common Stock	30,000	30,000	30,000	30,000	30,000	30,000
Additional Paid-In Capital	53,788	53,788	53,788	53,788	53,747	53,747
Retained Earnings	299,058	298,939	297,826	274,615	257,834	237,686
Treasury Stock	-370.58	-370.58	-370.58	-370.58	-	-
Comprehensive Income & Other	1,620	1,122	1,278	634.27	578.12	303.43
Total Common Equity	384,095	383,478	382,521	358,667	342,159	321,736
Minority Interest	4,135	3,829	2,778	1,482	1,022	686.19
Shareholders' Equity	388,230	387,307	385,300	360,149	343,181	322,422
Total Liabilities & Equity	539,024	507,325	556,804	552,186	554,542	586,433
Total Debt	15,113	14,155	41,269	46,622	91,332	100,548
Net Cash (Debt)	67,463	51,649	45,508	28,954	-16,208	-24,076
Net Cash Growth	25.99%	13.49%	57.17%	-	-	-
Net Cash Per Share	1126.64	862.17	759.66	483.17	-270.13	-401.27
Filing Date Shares Outstanding	59.91	59.91	59.91	59.91	60	60
Total Common Shares Outstanding	59.91	59.91	59.91	59.91	60	60
Working Capital	229,388	226,013	231,878	199,319	191,291	170,822
Book Value Per Share	6411.64	6401.35	6385.37	5987.17	5702.65	5362.26
Tangible Book Value	376,564	377,999	378,797	355,343	338,827	318,585
Tangible Book Value Per Share	6285.93	6309.88	6323.20	5931.69	5647.12	5309.76
Land	19,499	19,499	19,499	19,499	19,499	19,499
Buildings	87,996	87,884	88,036	86,911	84,941	84,745
Machinery	386,528	386,915	374,560	369,687	364,587	357,345
Construction In Progress	8,912	4,410	4,155	1,219	1,243	146.09