Doosan Fuel Cell Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	59,405	137,562	50,173	31,857	6,013
Short-Term Investments	3,590	11,568	1,400	-	-
Trading Asset Securities	-	-	-	18,882	181,016
Cash & Short-Term Investments	62,995	149,130	51,573	50,739	187,030
Cash Growth	100.78%	189.16%	1.65%	-72.87%	-
Accounts Receivable	114,545	69,537	44,379	147,774	29,186
Other Receivables	2,415	30,429	64,835	23,383	38,076
Receivables	117,479	100,318	109,473	171,326	67,358
Inventory	358,733	380,406	460,086	430,728	209,010
Prepaid Expenses	34,280	28,915	25,263	14,785	2,604
Other Current Assets	4,500	1,798	1,677	8,142	32,231
Total Current Assets	577,987	660,567	648,073	675,719	498,232
Property, Plant & Equipment	368,303	334,678	271,312	176,284	90,926
Long-Term Investments	16,102	12,007	9,504	7,919	7,403
Goodwill	24,232	24,232	24,232	24,232	24,232
Other Intangible Assets	71,313	3,863	4,300	3,874	6,610
Long-Term Deferred Tax Assets	24,866	17,364	17,278	12,431	10,608
Long-Term Deferred Charges	5,160	4,531	5,692	7,904	6,440
Other Long-Term Assets	141,913	120,029	88,358	116,778	53,991
Total Assets	1,232,667	1,179,655	1,070,843	1,026,930	698,855
Accounts Payable	50,667	37,556	30,502	85,660	16,933
Accrued Expenses	6,955	11,112	6,238	12,281	7,086
Short-Term Debt	70,000	100,000	60,000	64,000	-
Current Portion of Long-Term Debt	137,543	124,142	123,003	77,390	-
Current Portion of Leases	2,556	3,340	2,981	2,728	2,872
Current Income Taxes Payable	-	-	-	3,531	6,922
Current Unearned Revenue	-	-	13.12	27,720	30,377
Other Current Liabilities	161,770	89,803	64,634	39,356	13,423
Total Current Liabilities	429,491	365,954	287,371	312,667	77,613
Long-Term Debt	230,666	227,039	193,576	127,216	74,752
Long-Term Leases	4,660	3,813	4,551	6,462	7,064
Other Long-Term Liabilities	75,180	78,742	67,816	57,180	21,064
Total Liabilities	747,068	680,759	558,191	503,865	180,667
Common Stock	6,549	6,549	6,549	8,184	8,184
Additional Paid-In Capital	476,126	476,113	477,519	477,537	477,564
Retained Earnings	1,330	14,027	26,340	37,271	31,827
Treasury Stock	-172.14	-282.15	-282.15	-282.15	-28.07
Comprehensive Income & Other	130.25	853.01	890.56	354.31	640.54
Total Common Equity	483,963	497,261	511,017	523,064	518,188
Shareholders' Equity	485,598	498,896	512,652	523,064	518,188
Total Liabilities & Equity	1,232,667	1,179,655	1,070,843	1,026,930	698,855
Total Debt	445,425	458,334	384,110	277,796	84,688
Net Cash (Debt)	-382,430	-309,204	-332,537	-227,057	102,342
Net Cash Per Share	-5840.22	-4721.91	-5078.24	-3467.32	1562.72
Filing Date Shares Outstanding	65.49	65.48	65.48	65.48	65.49
Total Common Shares Outstanding	65.49	65.48	65.48	65.48	65.49
Working Capital	148,496	294,613	360,702	363,052	420,619
Book Value Per Share	7390.36	7593.78	7803.85	7987.83	7912.50
Tangible Book Value	388,419	469,166	482,485	494,958	487,347
Tangible Book Value Per Share	5931.36	7164.74	7368.14	7558.62	7441.57
Land	5,961	5,961	3,813	3,727	3,727
Buildings	77,302	84,267	75,751	30,663	19,377
Machinery	67,600	96,555	86,594	76,745	43,527
Construction In Progress	210,489	190,504	136,186	84,670	36,182

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