SOCAR 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	80,816	102,955	84,290	118,198	140,977	69,527
Short-Term Investments	7,278	7,642	10,044	14,611	2,498	1,003
Cash & Short-Term Investments	88,094	110,597	94,335	132,809	143,475	70,529
Cash Growth	7.80%	17.24%	-28.97%	-7.43%	103.43%	32.91%
Accounts Receivable	11,873	15,236	15,675	16,418	11,448	9,129
Other Receivables	898.95	794.9	3,358	3,213	1,193	3,100
Receivables	12,772	16,031	22,826	19,771	19,640	19,229
Prepaid Expenses	14,695	20,945	21,151	4,249	6,490	6,551
Other Current Assets	6,393	4,396	2,413	2,214	1,078	1,704
Total Current Assets	121,954	151,968	140,724	159,042	170,684	98,014
Property, Plant & Equipment	381,916	361,851	395,543	429,544	317,274	236,261
Long-Term Investments	21,919	21,919	16,118	14,381	28,991	35,354
Goodwill	32,243	32,243	53,990	53,990	54,733	54,733
Other Intangible Assets	13,058	13,360	11,689	10,538	9,877	3,914
Other Long-Term Assets	7,347	6,754	9,597	5,329	4,155	4,913
Total Assets	578,437	588,095	631,517	679,023	585,713	433,189
Accrued Expenses	2,384	2,730	3,397	2,712	1,966	1,396
Short-Term Debt	16,071	16,904	15,181	15,500	11,185	22,612
Current Portion of Long-Term Debt	219,770	223,955	140,490	144,939	121,489	45,395
Current Portion of Leases	5,301	7,964	14,103	29,557	25,850	39,416
Current Income Taxes Payable	-	-	278.52	126.16	769.96	-
Other Current Liabilities	53,649	43,681	50,014	49,241	36,584	39,076
Total Current Liabilities	297,175	295,235	223,463	242,075	197,843	147,896
Long-Term Debt	123,392	122,743	211,646	200,798	102,345	66,504
Long-Term Leases	1,046	1,198	7,592	19,056	32,437	61,033
Pension & Post-Retirement Benefits	322.01	430.84	1,854	1,549	960.15	1,494
Long-Term Deferred Tax Liabilities	282.9	307.82	412.5	507.2	606.9	706.59
Other Long-Term Liabilities	2,756	3,308	3,081	3,299	3,943	4,646
Total Liabilities	424,973	423,223	448,049	467,284	338,135	282,279
Common Stock	3,284	3,284	3,284	3,279	3,273	2,879
Additional Paid-In Capital	14,300	14,300	526,395	525,626	525,984	412,611
Retained Earnings	116,314	128,121	-360,936	-329,436	-286,811	-268,564
Comprehensive Income & Other	19,566	19,167	14,725	12,270	5,132	3,984
Total Common Equity	153,464	164,872	183,468	211,739	247,578	150,910
Shareholders' Equity	153,464	164,872	183,468	211,739	247,578	150,910
Total Liabilities & Equity	578,437	588,095	631,517	679,023	585,713	433,189
Total Debt	365,579	372,765	389,012	409,850	293,305	234,960
Net Cash (Debt)	-277,485	-262,168	-294,678	-277,041	-149,830	-164,430
Net Cash Per Share	-8452.55	-7982.75	-8983.35	-8453.11	-4928.67	-7780.03
Filing Date Shares Outstanding	32.78	32.84	32.84	32.79	32.73	28.79
Total Common Shares Outstanding	32.78	32.84	32.84	32.79	32.73	28.79
Working Capital	-175,221	-143,266	-82,739	-83,033	-27,159	-49,882
Book Value Per Share	4681.25	5020.18	5587.24	6457.77	7565.27	5241.26
Tangible Book Value	108,162	119,269	117,788	147,211	182,969	92,263
Tangible Book Value Per Share	3299.38	3631.62	3587.06	4489.74	5591.00	3204.40