LG Energy Solution 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	3,744,861	3,779,307	3,898,711	5,068,783	5,937,967	1,282,880
Cash & Short-Term Investments	3,744,861	3,779,307	3,898,711	5,068,783	5,937,967	1,282,880
Cash Growth	4.79%	-3.06%	-23.08%	-14.64%	362.86%	-38.71%
Accounts Receivable	5,156,728	4,311,178	4,944,019	5,128,474	4,771,846	2,914,458
Other Receivables	532,618	530,274	576,338	529,179	440,145	807,808
Receivables	5,689,392	4,841,506	5,520,456	5,657,653	5,211,991	3,722,266
Inventory	5,353,720	4,350,407	4,552,355	5,396,336	6,995,629	3,895,803
Prepaid Expenses	-	405,189	266,240	220,761	310,004	-
Other Current Assets	5,746,045	5,035,718	1,089,633	864,863	348,678	634,878
Total Current Assets	20,534,018	18,412,127	15,327,395	17,208,396	18,804,269	9,535,827
Property, Plant & Equipment	42,537,722	40,794,759	38,349,552	23,654,677	15,331,047	11,050,777
Long-Term Investments	433,963	923,311	793,319	516,244	513,449	347,003
Other Intangible Assets	1,656,754	1,591,606	1,284,576	875,993	642,090	455,360
Long-Term Accounts Receivable	913,564	383,553	392,584	129,995	120,698	67,055
Long-Term Deferred Tax Assets	3,120,204	2,985,763	2,774,153	2,228,924	2,100,492	1,855,198
Other Long-Term Assets	2,598,576	2,048,291	1,373,779	816,571	783,500	451,870
Total Assets	71,805,610	67,147,953	60,306,791	45,437,144	38,299,445	23,764,137
Accounts Payable	2,957,178	2,152,800	2,705,481	3,093,719	3,841,766	2,177,736
Accrued Expenses	221,090	251,698	197,886	297,492	448,085	219,149
Short-Term Debt	4,461,928	2,680,627	1,291,015	1,576,437	1,243,992	1,146,277
Current Portion of Long-Term Debt	3,991,890	3,930,795	1,122,071	1,581,022	1,582,765	1,033,878
Current Portion of Leases	74,351	74,784	77,154	53,997	39,944	23,221
Current Income Taxes Payable	111,987	93,323	15,550	33,321	173,120	155,467
Current Unearned Revenue	23,143	8,544	44,333	79,640	68,225	67,433
Other Current Liabilities	7,973,453	7,592,786	6,601,432	4,221,557	4,047,026	4,650,856
Total Current Liabilities	19,815,020	16,785,357	12,054,922	10,937,185	11,444,923	9,474,017
Long-Term Debt	15,839,295	15,513,333	12,641,359	7,628,469	5,157,273	4,708,654
Long-Term Leases	314,785	312,557	258,952	92,363	85,279	57,163
Long-Term Unearned Revenue	22,157	22,145	97,008	114,097	215,645	88,093
Pension & Post-Retirement Benefits	49	353	403	239	499	202
Long-Term Deferred Tax Liabilities	135,338	49,709	60,733	19,958	108,350	59,168
Other Long-Term Liabilities	5,762,662	5,142,823	4,226,871	2,271,324	693,714	634,467
Total Liabilities	41,889,306	37,826,277	29,340,248	21,063,635	17,705,683	15,021,764
Common Stock	117,000	117,000	117,000	117,000	117,000	100,000
Additional Paid-In Capital	18,469,294	17,164,627	17,164,627	17,164,627	17,164,627	7,122,437
Retained Earnings	-344,546	332,209	1,397,211	2,364,496	1,154,518	337,587
Comprehensive Income & Other	3,922,931	2,601,713	2,437,399	554,518	296,070	406,092
Total Common Equity	22,164,679	20,215,549	21,116,237	20,200,641	18,732,215	7,966,116
Minority Interest	7,751,625	9,106,127	9,850,306	4,172,868	1,861,547	776,257
Shareholders' Equity	29,916,304	29,321,676	30,966,543	24,373,509	20,593,762	8,742,373
Total Liabilities & Equity	71,805,610	67,147,953	60,306,791	45,437,144	38,299,445	23,764,137
Total Debt	24,682,249	22,512,096	15,390,551	10,932,288	8,109,253	6,969,193
Net Cash (Debt)	-20,936,757	-18,731,932	-11,464,867	-5,832,362	-2,120,660	-5,672,251
Net Cash Per Share	-89473.32	-80050.99	-48995.16	-24924.62	-9139.05	-28361.26
Filing Date Shares Outstanding	234	234	234	234	234	200
Total Common Shares Outstanding	234	234	234	234	234	200
Working Capital	718,998	1,626,770	3,272,473	6,271,211	7,359,346	61,810
Book Value Per Share	94720.85	86391.24	90240.33	86327.53	80052.20	39830.58
Tangible Book Value	20,507,925	18,623,943	19,831,661	19,324,648	18,090,125	7,510,756
Tangible Book Value Per Share	87640.71	79589.50	84750.69	82583.97	77308.23	37553.78
Land	-	519,967	487,604	399,405	348,587	273,690
Buildings	-	17,573,679	8,811,296	6,166,371	4,934,766	3,373,540
Machinery	-	24,270,109	19,633,370	14,513,059	11,944,829	9,716,251
Construction In Progress	-	12,475,307	20,350,068	10,782,140	4,557,301	2,708,720