Solus Advanced Materials 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	81,431	52,053	155,065	129,050	162,773	139,588
Short-Term Investments	52.36	14,569	20,077	145,000	-0	-
Cash & Short-Term Investments	81,484	66,622	175,142	274,050	162,773	139,588
Cash Growth	-45.32%	-61.96%	-36.09%	68.36%	16.61%	-54.33%
Accounts Receivable	147,377	126,086	117,017	58,341	90,798	77,370
Other Receivables	30,240	14,590	12,699	9,962	5,894	6,377
Receivables	218,468	147,404	129,784	68,378	96,834	83,862
Inventory	214,296	225,637	224,391	192,561	172,275	139,509
Prepaid Expenses	16,098	13,812	18,505	16,904	17,912	8,929
Other Current Assets	43,821	5,830	49,397	12,388	58,185	22,582
Total Current Assets	574,166	459,304	597,219	564,281	507,980	394,470
Property, Plant & Equipment	1,754,883	1,555,062	1,367,658	1,025,345	865,287	535,001
Long-Term Investments	36,882	20,488	20.71	8,947	2,424	-
Other Intangible Assets	8,929	8,760	11,477	15,604	19,149	17,099
Long-Term Deferred Tax Assets	94,418	84,782	74,021	63,609	49,776	52,151
Long-Term Deferred Charges	2,113	1,875	1,358	613	1,531	2,582
Other Long-Term Assets	21,538	24,742	27,452	28,204	14,432	9,924
Total Assets	2,498,834	2,160,517	2,079,395	1,706,722	1,461,040	1,011,600
Accounts Payable	73,289	81,394	59,404	46,078	60,482	78,385
Accrued Expenses	33,622	17,085	22,351	22,772	21,885	12,985
Short-Term Debt	374,163	352,567	335,274	209,181	172,988	140,160
Current Portion of Long-Term Debt	111,463	444,224	289,242	111,813	126,857	35,901
Current Portion of Leases	3,592	3,537	3,420	3,328	1,281	1,959
Current Income Taxes Payable	14,612	8,395	4,518	73,644	7,057	4,214
Current Unearned Revenue	-	44,337	-	-	-	1
Other Current Liabilities	417,160	161,244	109,402	101,192	31,592	18,989
Total Current Liabilities	1,027,900	1,112,784	823,611	568,008	422,142	292,593
Long-Term Debt	430,820	79,248	140,010	53,621	52,181	123,461
Long-Term Leases	15,899	16,548	18,615	20,590	3,325	3,621
Long-Term Unearned Revenue	46,907	2.39	11.93	21.9	-	-
Pension & Post-Retirement Benefits	2,211	2,052	2,078	1,760	825.07	2,506
Long-Term Deferred Tax Liabilities	212.74	212.74	135.39	180.79	305.37	60.24
Other Long-Term Liabilities	3,970	4,041	3,470	4,354	64,159	67,151
Total Liabilities	1,527,920	1,214,888	987,931	648,534	542,937	489,392
Common Stock	9,090	9,090	9,090	4,546	4,546	3,960
Additional Paid-In Capital	518,682	518,682	518,682	523,571	523,536	295,236
Retained Earnings	111,687	104,701	172,488	172,401	-10,538	4,773
Treasury Stock	-36.71	-36.71	-36.71	-37	-36.71	-36.71
Comprehensive Income & Other	70,003	56,939	71,976	32,338	27,895	-1,591
Total Common Equity	709,426	689,375	772,200	732,819	545,402	302,341
Minority Interest	261,488	256,254	319,264	325,369	372,701	219,867
Shareholders' Equity	970,915	945,629	1,091,464	1,058,188	918,103	522,207
Total Liabilities & Equity	2,498,834	2,160,517	2,079,395	1,706,722	1,461,040	1,011,600
Total Debt	935,936	896,124	786,562	398,532	356,632	305,102
Net Cash (Debt)	-854,452	-829,503	-611,420	-124,482	-193,859	-165,514
Net Cash Per Share	-9809.08	-9521.45	-7018.19	-1428.87	-2197.84	-2180.72
Filing Date Shares Outstanding	90.95	90.9	70.21	35.11	70.21	61.17
Total Common Shares Outstanding	90.95	90.9	90.9	90.9	70.21	75.9
Working Capital	-453,734	-653,480	-226,392	-3,727	85,838	101,877
Book Value Per Share	7800.43	7584.11	8495.30	8062.05	7767.90	3983.47
Tangible Book Value	700,497	680,615	760,723	717,215	526,253	285,242
Tangible Book Value Per Share	7702.25	7487.73	8369.04	7890.39	7495.17	3758.19
Land	41,514	39,544	40,425	33,177	21,284	9,176
Buildings	537,029	498,048	497,011	403,118	387,309	143,484
Machinery	671,893	627,398	542,673	459,264	452,849	128,687
Construction In Progress	1,014,378	864,997	669,419	417,519	271,750	237,270