LS 2 Holdings Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	7.51	4.97	7.86	7.57	3.1	7.3
Short-Term Investments	-	0.49	0.36	0.26	0.21	0.35
Cash & Short-Term Investments	7.51	5.46	8.21	7.83	3.3	7.65
Cash Growth	62.63%	-33.51%	4.91%	137.04%	-56.85%	250.27%
Accounts Receivable	20.8	20.84	15.49	16.43	19.38	13.01
Other Receivables	-	1.37	0.57	0.64	1.7	3.02
Receivables	20.8	22.22	16.05	17.07	21.08	16.03
Inventory	0.14	0.1	0.06	-	-	-
Prepaid Expenses	-	0.29	0.71	0.61	0.33	0.23
Other Current Assets	-	-	-	-	0.62	-
Total Current Assets	28.45	28.07	25.03	25.51	25.34	23.91
Property, Plant & Equipment	6.98	7.58	7.23	6.58	5.58	4.96
Long-Term Investments	0.02	0.02	-	-	-	-
Long-Term Deferred Tax Assets	0.09	0.09	0.15	0.05	-	-
Other Long-Term Assets	-	-	-	-	-	1.71
Total Assets	35.55	35.76	32.42	32.15	30.92	30.59
Accounts Payable	9.85	1.89	2.66	5.03	2.72	2.46
Accrued Expenses	-	8.3	6.47	4.28	5.35	3.84
Short-Term Debt	-	-	-	-	5.23	4.67
Current Portion of Long-Term Debt	0.75	0.75	0.75	0.87	0.14	0.56
Current Portion of Leases	1.78	1.85	1.48	1.14	1.08	0.64
Current Income Taxes Payable	0.45	0.37	0.32	0.15	0.16	0.23
Current Unearned Revenue	-	-	-	-	-	1.25
Other Current Liabilities	-	0.32	0.22	0.04	0.17	0.27
Total Current Liabilities	12.83	13.47	11.91	11.52	14.85	13.91
Long-Term Debt	0.44	0.81	1.56	3.41	4.74	2.24
Long-Term Leases	0.34	0.47	0.61	0.51	0.9	0.58
Long-Term Deferred Tax Liabilities	0.23	0.32	0.31	0.26	0.06	0.12
Total Liabilities	13.84	15.08	14.39	15.7	20.55	16.85
Common Stock	5.36	5.36	5.36	5.36	0	3
Retained Earnings	13.25	12.23	9.61	8.04	7.37	10.74
Comprehensive Income & Other	3.11	3.11	3.03	3	3	-
Total Common Equity	21.73	20.7	18	16.41	10.37	13.74
Minority Interest	-0.02	-0.02	0.03	0.04	-	-
Shareholders' Equity	21.71	20.68	18.03	16.44	10.37	13.74
Total Liabilities & Equity	35.55	35.76	32.42	32.15	30.92	30.59
Total Debt	3.31	3.89	4.41	5.94	12.09	8.69
Net Cash (Debt)	4.2	1.57	3.8	1.89	-8.79	-1.03
Net Cash Growth	-	-58.63%	101.09%	-	-	-
Net Cash Per Share	0.02	0.01	0.02	0.01	-0.06	-0.01
Filing Date Shares Outstanding	185	185	185	185	185	3
Total Common Shares Outstanding	185	185	185	185	157.25	3
Working Capital	15.62	14.59	13.12	13.99	10.49	10
Book Value Per Share	0.12	0.11	0.10	0.09	0.07	4.58
Tangible Book Value	21.73	20.7	18	16.41	10.37	13.74
Tangible Book Value Per Share	0.12	0.11	0.10	0.09	0.07	4.58
Buildings	-	8.57	6.23	4.82	4.04	3.46
Machinery	-	8.93	7.98	7.09	5.18	4.59
Construction In Progress	-	0.09	-	-	-	-

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