LS 2 Holdings Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	7.67	4.97	7.86	7.57	3.1
Short-Term Investments	-	0.49	0.36	0.26	0.21
Cash & Short-Term Investments	7.67	5.46	8.21	7.83	3.3
Cash Growth	40.44%	-33.51%	4.91%	137.04%	-56.85%
Accounts Receivable	23.78	20.84	15.49	16.43	19.38
Other Receivables	-	1.37	0.57	0.64	1.7
Receivables	23.78	22.22	16.05	17.07	21.08
Inventory	0.09	0.1	0.06	-	-
Prepaid Expenses	-	0.29	0.71	0.61	0.33
Other Current Assets	-	-	-	-	0.62
Total Current Assets	31.53	28.07	25.03	25.51	25.34
Property, Plant & Equipment	6.17	7.58	7.23	6.58	5.58
Long-Term Investments	0.02	0.02	-	-	-
Long-Term Deferred Tax Assets	0.12	0.09	0.15	0.05	-
Total Assets	37.84	35.76	32.42	32.15	30.92
Accounts Payable	10.68	1.89	2.66	5.03	2.72
Accrued Expenses	-	8.3	6.47	4.28	5.35
Short-Term Debt	-	-	-	-	5.23
Current Portion of Long-Term Debt	0.75	0.75	0.75	0.87	0.14
Current Portion of Leases	1.41	1.85	1.48	1.14	1.08
Current Income Taxes Payable	0.68	0.37	0.32	0.15	0.16
Other Current Liabilities	-	0.32	0.22	0.04	0.17
Total Current Liabilities	13.52	13.47	11.91	11.52	14.85
Long-Term Debt	0.06	0.81	1.56	3.41	4.74
Long-Term Leases	0.34	0.47	0.61	0.51	0.9
Long-Term Deferred Tax Liabilities	0.12	0.32	0.31	0.26	0.06
Total Liabilities	14.03	15.08	14.39	15.7	20.55
Common Stock	5.36	5.36	5.36	5.36	0
Retained Earnings	15.34	12.23	9.61	8.04	7.37
Comprehensive Income & Other	3.11	3.11	3.03	3	3
Total Common Equity	23.82	20.7	18	16.41	10.37
Minority Interest	-0.01	-0.02	0.03	0.04	-
Shareholders' Equity	23.81	20.68	18.03	16.44	10.37
Total Liabilities & Equity	37.84	35.76	32.42	32.15	30.92
Total Debt	2.56	3.89	4.41	5.94	12.09
Net Cash (Debt)	5.11	1.57	3.8	1.89	-8.79
Net Cash Growth	224.44%	-58.63%	101.09%	-	-
Net Cash Per Share	0.03	0.01	0.02	0.01	-0.06
Filing Date Shares Outstanding	185	185	185	185	185
Total Common Shares Outstanding	185	185	185	185	157.25
Working Capital	18.02	14.59	13.12	13.99	10.49
Book Value Per Share	0.13	0.11	0.10	0.09	0.07
Tangible Book Value	23.82	20.7	18	16.41	10.37
Tangible Book Value Per Share	0.13	0.11	0.10	0.09	0.07
Buildings	-	8.57	6.23	4.82	4.04
Machinery	-	8.93	7.98	7.09	5.18
Construction In Progress	-	0.09	-	-	-

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