Doosan Fuel Cell Balance Sheet

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

Millions KRW. 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	64,785	137,562	50,173	31,857	6,013
Short-Term Investments	1,885	11,568	1,400	-	-
Trading Asset Securities	-	-	-	18,882	181,016
Cash & Short-Term Investments	66,669	149,130	51,573	50,739	187,030
Cash Growth	-55.29%	189.16%	1.65%	-72.87%	-
Accounts Receivable	77,625	69,537	44,379	147,774	29,186
Other Receivables	4,102	30,429	64,835	23,383	38,076
Receivables	82,185	100,318	109,473	171,326	67,358
Inventory	372,994	380,406	460,086	430,728	209,010
Prepaid Expenses	42,683	28,915	25,263	14,785	2,604
Other Current Assets	4,816	1,798	1,677	8,142	32,231
Total Current Assets	569,347	660,567	648,073	675,719	498,232
Property, Plant & Equipment	374,559	334,678	271,312	176,284	90,926
Long-Term Investments	16,550	12,007	9,504	7,919	7,403
Goodwill	24,232	24,232	24,232	24,232	24,232
Other Intangible Assets	69,936	3,863	4,300	3,874	6,610
Long-Term Deferred Tax Assets	7,685	17,364	17,278	12,431	10,608
Long-Term Deferred Charges	5,333	4,531	5,692	7,904	6,440
Other Long-Term Assets	127,668	120,029	88,358	116,778	53,991
Total Assets	1,198,423	1,179,655	1,070,843	1,026,930	698,855
Accounts Payable	61,392	37,556	30,502	85,660	16,933
Accrued Expenses	15,353	11,112	6,238	12,281	7,086
Short-Term Debt	76,000	100,000	60,000	64,000	-
Current Portion of Long-Term Debt	190,349	124,142	123,003	77,390	-
Current Portion of Leases	1,738	3,340	2,981	2,728	2,872
Current Income Taxes Payable	-	-	-	3,531	6,922
Current Unearned Revenue	-	-	13.12	27,720	30,377
Other Current Liabilities	118,096	89,803	64,634	39,356	13,423
Total Current Liabilities	462,928	365,954	287,371	312,667	77,613
Long-Term Debt	274,398	227,039	193,576	127,216	74,752
Long-Term Leases	4,791	3,813	4,551	6,462	7,064
Pension & Post-Retirement Benefits	1,579	5,212	4,876	341.05	174.09
Other Long-Term Liabilities	87,247	78,742	67,816	57,180	21,064
Total Liabilities	830,943	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	-117,353	14,027	26,340	37,271	31,827
Treasury Stock	-172.14	-282.15	-282.15	-282.15	-28.07
Comprehensive Income & Other	694.78	853.01	890.56	354.31	640.54
Total Common Equity	365,845	497,261	511,017	523,064	518,188
Shareholders' Equity	367,480	498,896	512,652	523,064	518,188
Total Liabilities & Equity	1,198,423	1,179,655	1,070,843	1,026,930	698,855
Total Debt	547,276	458,334	384,110	277,796	84,688
Net Cash (Debt)	-480,607	-309,204	-332,537	-227,057	102,342
Net Cash Per Share	-7339.15	-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	106,420	294,613	360,702	363,052	420,619
Book Value Per Share	5586.64	7593.78	7803.85	7987.83	7912.50
Tangible Book Value	271,677	469,166	482,485	494,958	487,347
Tangible Book Value Per Share	4148.65	7164.74	7368.14	7558.62	7441.57
Land	6,084	5,961	3,813	3,727	3,727
Buildings	84,927	84,267	75,751	30,663	19,377
Machinery	344,305	96,555	86,594	76,745	43,527
Construction In Progress	213.52	190,504	136,186	84,670	36,182

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