Doosan Fuel Cell 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
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
Cash & Equivalents	72,351	137,562	50,173	31,857	6,013
Short-Term Investments	2,765	11,568	1,400	-	-
Trading Asset Securities	-	-	-	18,882	181,016
Cash & Short-Term Investments	75,117	149,130	51,573	50,739	187,030
Cash Growth	-29.12%	189.16%	1.65%	-72.87%	-
Accounts Receivable	120,137	69,537	44,379	147,774	29,186
Other Receivables	2,582	30,429	64,835	23,383	38,076
Receivables	123,160	100,318	109,473	171,326	67,358
Inventory	396,583	380,406	460,086	430,728	209,010
Prepaid Expenses	40,108	28,915	25,263	14,785	2,604
Other Current Assets	3,671	1,798	1,677	8,142	32,231
Total Current Assets	638,638	660,567	648,073	675,719	498,232
Property, Plant & Equipment	378,207	334,678	271,312	176,284	90,926
Long-Term Investments	15,513	12,007	9,504	7,919	7,403
Goodwill	24,232	24,232	24,232	24,232	24,232
Other Intangible Assets	70,712	3,863	4,300	3,874	6,610
Long-Term Deferred Tax Assets	27,979	17,364	17,278	12,431	10,608
Long-Term Deferred Charges	5,459	4,531	5,692	7,904	6,440
Other Long-Term Assets	140,731	120,029	88,358	116,778	53,991
Total Assets	1,304,575	1,179,655	1,070,843	1,026,930	698,855
Accounts Payable	51,892	37,556	30,502	85,660	16,933
Accrued Expenses	11,436	11,112	6,238	12,281	7,086
Short-Term Debt	96,000	100,000	60,000	64,000	-
Current Portion of Long-Term Debt	187,410	124,142	123,003	77,390	-
Current Portion of Leases	2,098	3,340	2,981	2,728	2,872
Current Income Taxes Payable	-	-	-	3,531	6,922
Current Unearned Revenue	42.16	-	13.12	27,720	30,377
Other Current Liabilities	169,938	89,803	64,634	39,356	13,423
Total Current Liabilities	518,816	365,954	287,371	312,667	77,613
Long-Term Debt	229,991	227,039	193,576	127,216	74,752
Long-Term Leases	4,401	3,813	4,551	6,462	7,064
Pension & Post-Retirement Benefits	8,069	5,212	4,876	341.05	174.09
Other Long-Term Liabilities	74,198	78,742	67,816	57,180	21,064
Total Liabilities	835,475	680,759	558,191	503,865	180,667
Common Stock	6,549	6,549	6,549	8,184	8,184
Additional Paid-In Capital	476,126	476,113	477,519	477,537	477,564
Retained Earnings	-16,158	14,027	26,340	37,271	31,827
Treasury Stock	-172.14	-282.15	-282.15	-282.15	-28.07
Comprehensive Income & Other	1,120	853.01	890.56	354.31	640.54
Total Common Equity	467,465	497,261	511,017	523,064	518,188
Shareholders' Equity	469,100	498,896	512,652	523,064	518,188
Total Liabilities & Equity	1,304,575	1,179,655	1,070,843	1,026,930	698,855
Total Debt	519,900	458,334	384,110	277,796	84,688
Net Cash (Debt)	-444,783	-309,204	-332,537	-227,057	102,342
Net Cash Per Share	-6776.90	-4721.91	-5078.24	-3467.32	1562.72
Filing Date Shares Outstanding	65.49	65.48	65.48	65.48	65.49
Total Common Shares Outstanding	65.49	65.48	65.48	65.48	65.49
Working Capital	119,823	294,613	360,702	363,052	420,619
Book Value Per Share	7138.43	7593.78	7803.85	7987.83	7912.50
Tangible Book Value	372,522	469,166	482,485	494,958	487,347
Tangible Book Value Per Share	5688.59	7164.74	7368.14	7558.62	7441.57
Land	5,961	5,961	3,813	3,727	3,727
Buildings	76,956	84,267	75,751	30,663	19,377
Machinery	266,135	96,555	86,594	76,745	43,527
Construction In Progress	23,090	190,504	136,186	84,670	36,182

Source: S&P Capital IQ. Standard template. Financial Sources.