LIG Defense&Aerospace 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	14,972	125,190	546,948	445,437	252,911	74,538
Short-Term Investments	30,943	30,730	21,210	20,531	20,116	17,953
Trading Asset Securities	-	-	-	2,320	-	-
Cash & Short-Term Investments	45,916	155,920	568,158	468,288	273,027	92,491
Cash Growth	-68.16%	-72.56%	21.33%	71.52%	195.19%	-48.30%
Accounts Receivable	465,978	511,409	365,251	276,058	187,161	129,462
Other Receivables	95,981	42,857	60,121	32,799	46,487	30,118
Receivables	561,990	554,297	425,410	308,895	233,696	159,646
Inventory	490,114	593,084	363,528	228,920	230,837	218,624
Prepaid Expenses	26,408	16,964	9,916	5,340	4,486	4,249
Other Current Assets	4,791,634	4,301,958	2,527,557	1,524,438	1,080,905	1,010,846
Total Current Assets	5,916,061	5,622,223	3,894,568	2,535,881	1,822,951	1,485,855
Property, Plant & Equipment	1,590,290	1,532,908	1,371,400	893,734	856,229	743,222
Long-Term Investments	76,164	72,701	70,031	50,829	44,837	119,075
Goodwill	213,249	202,188	292,216	-	-	-
Other Intangible Assets	242,704	236,752	220,776	22,865	15,936	15,853
Long-Term Accounts Receivable	12,556	11,894	6,355	11,575	-	-
Long-Term Deferred Tax Assets	93,360	113,729	97,036	43,550	10,068	44,837
Long-Term Deferred Charges	210,917	208,270	182,865	165,360	155,563	131,794
Other Long-Term Assets	48,603	64,055	56,534	91,828	106,974	35,995
Total Assets	8,403,949	8,064,773	6,191,884	3,815,759	3,012,727	2,576,847

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	336,450	508,517	363,834	127,551	36,310	138,054
Accrued Expenses	761,477	759,625	216,319	253,592	135,620	151,151
Short-Term Debt	835,757	568,478	162,568	107,827	932	13,174
Current Portion of Long-Term Debt	27,165	35,178	40,853	75,021	233,871	207,718
Current Portion of Leases	28,734	27,776	17,354	15,446	10,549	4,926
Current Income Taxes Payable	52,997	54,734	21,896	26,398	21,018	484.19
Current Unearned Revenue	26,951	22,141	21,214	22,481	21,870	8,938
Other Current Liabilities	4,068,399	4,239,061	3,772,482	2,022,334	1,439,286	956,699
Total Current Liabilities	6,137,929	6,215,511	4,616,518	2,650,650	1,899,456	1,481,146
Long-Term Debt	593,092	255,120	188,002	19,757	94,739	318,005
Long-Term Leases	55,922	58,485	27,624	34,078	26,195	5,174
Long-Term Unearned Revenue	1,433	844.36	-	-	-	-
Long-Term Deferred Tax Liabilities	35,576	34,816	40,177	-	-	-
Other Long-Term Liabilities	24,040	23,889	55,685	58,914	57,158	9,217
Total Liabilities	6,847,994	6,588,665	4,928,007	2,763,400	2,077,548	1,813,543

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	110,000	110,000	110,000	110,000	110,000	110,000
Additional Paid-In Capital	153,406	153,403	142,151	142,101	142,101	142,101
Retained Earnings	1,181,382	1,105,912	904,862	727,927	560,580	443,929
Treasury Stock	-3,997	-3,997	-5,311	-5,311	-5,311	-5,311
Comprehensive Income & Other	68,352	64,782	57,630	77,642	127,810	72,585
Total Common Equity	1,509,143	1,430,100	1,209,333	1,052,359	935,179	763,304
Minority Interest	46,813	46,008	54,544	-	-	-
Shareholders' Equity	1,555,955	1,476,108	1,263,877	1,052,359	935,179	763,304
Total Liabilities & Equity	8,403,949	8,064,773	6,191,884	3,815,759	3,012,727	2,576,847

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	1,540,671	945,038	436,401	252,129	366,286	548,998
Net Cash (Debt)	-1,494,755	-789,118	131,757	216,158	-93,259	-456,507
Net Cash Growth	-	-	-39.05%	-	-	-
Net Cash Per Share	-68424.17	-36143.86	6045.48	9918.09	-4279.06	-20982.85
Filing Date Shares Outstanding	21.85	21.85	21.79	21.79	21.79	21.79
Total Common Shares Outstanding	21.85	21.85	21.79	21.79	21.79	21.79
Working Capital	-221,869	-593,288	-721,950	-114,770	-76,505	4,709
Book Value Per Share	69083.33	65465.03	55488.34	48285.84	42909.22	35023.02
Tangible Book Value	1,053,190	991,160	696,340	1,029,494	919,243	747,452
Tangible Book Value Per Share	48211.38	45371.87	31950.48	47236.73	42178.04	34295.66
Land	687,176	667,691	662,272	340,526	340,797	269,169
Buildings	731,463	698,974	549,142	519,721	498,534	486,863
Machinery	479,815	474,644	418,749	363,404	343,022	323,678
Construction In Progress	74,955	58,555	131,392	19,385	18,983	13,098