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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	62,692	155,065	129,050	162,773	139,588	305,602
Short-Term Investments	14,180	20,077	145,000	-0	-	30
Cash & Short-Term Investments	76,872	175,142	274,050	162,773	139,588	305,632
Cash Growth	-51.43%	-36.09%	68.36%	16.61%	-54.33%	222.92%
Accounts Receivable	102,237	117,017	58,341	90,798	77,370	55,605
Other Receivables	11,324	12,699	9,962	5,894	6,377	4,893
Receivables	113,804	129,784	68,378	96,834	83,862	60,627
Inventory	232,585	224,391	192,561	172,275	139,509	67,604
Prepaid Expenses	16,104	14,545	16,904	17,912	8,929	7,831
Other Current Assets	16,364	53,357	12,388	58,185	22,582	8,682
Total Current Assets	455,729	597,219	564,281	507,980	394,470	450,376
Property, Plant & Equipment	1,466,944	1,367,658	1,025,345	865,287	535,001	318,395
Long-Term Investments	11,488	20.71	8,947	2,424	-	-
Other Intangible Assets	9,460	11,477	15,604	19,149	17,099	8,670
Long-Term Deferred Tax Assets	76,427	74,021	63,609	49,776	52,151	46,537
Long-Term Deferred Charges	1,704	1,358	613	1,531	2,582	3,687
Other Long-Term Assets	20,400	27,452	28,204	14,432	9,924	13,033
Total Assets	2,047,516	2,079,395	1,706,722	1,461,040	1,011,600	841,168
Accounts Payable	60,337	59,404	46,078	60,482	78,385	51,249
Accrued Expenses	17,282	22,351	22,772	21,885	12,985	10,877
Short-Term Debt	358,329	335,274	209,181	172,988	140,160	58,739
Current Portion of Long-Term Debt	266,467	289,242	111,813	126,857	35,901	21,624
Current Portion of Leases	2,905	3,420	3,328	1,281	1,959	1,888
Current Income Taxes Payable	4,336	4,518	73,644	7,057	4,214	6,457
Current Unearned Revenue	-	-	-	-	1	2
Other Current Liabilities	137,649	109,402	101,192	31,592	18,989	16,591
Total Current Liabilities	847,305	823,611	568,008	422,142	292,593	167,427
Long-Term Debt	168,137	140,010	53,621	52,181	123,461	168,046
Long-Term Leases	18,111	18,615	20,590	3,325	3,621	4,957
Long-Term Unearned Revenue	43,331	11.7	21.9	-	-	-
Pension & Post-Retirement Benefits	2,256	2,078	1,760	825.07	2,506	3,741
Long-Term Deferred Tax Liabilities	135.39	135.39	180.79	305.37	60.24	5,452
Other Long-Term Liabilities	3,911	3,470	4,354	64,159	67,151	1,687
Total Liabilities	1,083,188	987,931	648,534	542,937	489,392	351,310
Common Stock	9,090	9,090	4,546	4,546	3,960	3,960
Additional Paid-In Capital	518,682	518,682	523,571	523,536	295,236	295,236
Retained Earnings	104,774	172,488	172,401	-10,538	4,773	-6,711
Treasury Stock	-36.71	-37	-37	-36.71	-36.71	-36.71
Comprehensive Income & Other	60,511	71,976	32,338	27,895	-1,591	-288.66
Total Common Equity	693,021	772,200	732,819	545,402	302,341	292,159
Minority Interest	271,306	319,264	325,369	372,701	219,867	197,700
Shareholders' Equity	964,328	1,091,464	1,058,188	918,103	522,207	489,859
Total Liabilities & Equity	2,047,516	2,079,395	1,706,722	1,461,040	1,011,600	841,168
Total Debt	813,950	786,562	398,532	356,632	305,102	255,253
Net Cash (Debt)	-737,078	-611,420	-124,482	-193,859	-165,514	50,379
Net Cash Per Share	-8460.55	-7018.19	-1428.87	-2197.84	-2180.72	663.76
Filing Date Shares Outstanding	90.9	90.9	35.11	70.21	61.17	61.17
Total Common Shares Outstanding	90.9	90.9	90.9	70.21	75.9	75.9
Working Capital	-391,576	-226,392	-3,727	85,838	101,877	282,949
Book Value Per Share	7624.22	8495.30	8062.05	7767.90	3983.47	3849.32
Tangible Book Value	683,561	760,723	717,215	526,253	285,242	283,489
Tangible Book Value Per Share	7520.15	8369.04	7890.39	7495.17	3758.19	3735.09
Land	38,723	40,425	33,177	21,284	9,176	7,894
Buildings	486,068	497,011	403,118	387,309	143,484	170,168
Machinery	602,889	542,673	459,264	452,849	128,687	255,678
Construction In Progress	784,008	669,419	417,519	271,750	237,270	85,635

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