LG Energy Solution 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	5,323,792	3,898,711	5,068,783	5,937,967	1,282,880	1,493,145
Short-Term Investments	308	-	-	-	-	600,000
Cash & Short-Term Investments	5,324,100	3,898,711	5,068,783	5,937,967	1,282,880	2,093,145
Cash Growth	-2.78%	-23.08%	-14.64%	362.86%	-38.71%	-
Accounts Receivable	4,848,737	4,944,019	5,128,474	4,771,846	2,914,458	2,931,150
Other Receivables	645,181	576,338	529,179	440,145	807,808	200,600
Receivables	5,493,981	5,520,456	5,657,653	5,211,991	3,722,266	3,131,818
Inventory	4,883,207	4,552,355	5,396,336	6,995,629	3,895,803	3,043,138
Prepaid Expenses	315,991	376,556	220,761	310,004	-	301,015
Other Current Assets	1,132,205	979,317	864,863	348,678	634,878	278,882
Total Current Assets	17,149,484	15,327,395	17,208,396	18,804,269	9,535,827	8,847,998
Property, Plant & Equipment	42,854,642	38,349,552	23,654,677	15,331,047	11,050,777	8,683,614
Long-Term Investments	912,169	793,319	516,244	513,449	347,003	108,364
Other Intangible Assets	1,432,809	1,284,576	875,993	642,090	455,360	325,786
Long-Term Accounts Receivable	188,980	392,584	129,995	120,698	67,055	26,291
Long-Term Deferred Tax Assets	3,075,308	2,774,153	2,228,924	2,100,492	1,855,198	1,356,096
Other Long-Term Assets	1,387,245	1,373,779	816,571	783,500	451,870	593,207
Total Assets	67,010,378	60,306,791	45,437,144	38,299,445	23,764,137	19,941,795
Accounts Payable	2,331,706	2,705,481	3,093,719	3,841,766	2,177,736	2,592,309
Accrued Expenses	447,076	197,886	297,492	448,085	219,149	125,522
Short-Term Debt	2,997,213	1,291,015	1,576,437	1,243,992	1,146,277	793,584
Current Portion of Long-Term Debt	3,866,469	1,122,071	1,581,022	1,582,765	1,033,878	316,212
Current Portion of Leases	97,087	77,154	53,997	39,944	23,221	13,242
Current Income Taxes Payable	76,694	15,550	33,321	173,120	155,467	73,762
Current Unearned Revenue	15,768	44,333	79,640	68,225	67,433	37,738
Other Current Liabilities	6,384,157	6,601,432	4,221,557	4,047,026	4,650,856	2,936,858
Total Current Liabilities	16,216,170	12,054,922	10,937,185	11,444,923	9,474,017	6,889,227
Long-Term Debt	15,470,469	12,641,359	7,628,469	5,157,273	4,708,654	5,020,394
Long-Term Leases	297,225	258,952	92,363	85,279	57,163	15,892
Long-Term Unearned Revenue	22,812	97,008	114,097	215,645	88,093	-
Pension & Post-Retirement Benefits	274	403	239	499	202	42,786
Long-Term Deferred Tax Liabilities	48,784	60,733	19,958	108,350	59,168	27,463
Other Long-Term Liabilities	5,217,420	4,226,871	2,271,324	693,714	634,467	380,628
Total Liabilities	37,273,154	29,340,248	21,063,635	17,705,683	15,021,764	12,376,390
Common Stock	117,000	117,000	117,000	117,000	100,000	100,000
Additional Paid-In Capital	17,164,627	17,164,627	17,164,627	17,164,627	7,122,437	7,231,468
Retained Earnings	1,183,690	1,397,211	2,364,496	1,154,518	337,587	-453,058
Comprehensive Income & Other	2,056,177	2,437,399	554,518	296,070	406,092	1,205
Total Common Equity	20,521,494	21,116,237	20,200,641	18,732,215	7,966,116	6,879,615
Minority Interest	9,215,730	9,850,306	4,172,868	1,861,547	776,257	685,790
Shareholders' Equity	29,737,224	30,966,543	24,373,509	20,593,762	8,742,373	7,565,405
Total Liabilities & Equity	67,010,378	60,306,791	45,437,144	38,299,445	23,764,137	19,941,795
Total Debt	22,728,463	15,390,551	10,932,288	8,109,253	6,969,193	6,159,324
Net Cash (Debt)	-17,404,363	-11,464,867	-5,832,362	-2,120,660	-5,672,251	-4,066,179
Net Cash Per Share	-74377.62	-48995.16	-24924.62	-9139.05	-28361.26	-20330.90
Filing Date Shares Outstanding	234	234	234	234	200	200
Total Common Shares Outstanding	234	234	234	234	200	200
Working Capital	933,314	3,272,473	6,271,211	7,359,346	61,810	1,958,771
Book Value Per Share	87698.69	90240.33	86327.53	80052.20	39830.58	34398.07
Tangible Book Value	19,088,685	19,831,661	19,324,648	18,090,125	7,510,756	6,553,829
Tangible Book Value Per Share	81575.58	84750.69	82583.97	77308.23	37553.78	32769.14
Land	-	487,604	399,405	348,587	273,690	258,419
Buildings	-	8,811,296	6,166,371	4,934,766	3,373,540	2,861,375
Machinery	-	19,633,370	14,513,059	11,944,829	9,716,251	7,610,886
Construction In Progress	-	20,350,068	10,782,140	4,557,301	2,708,720	1,573,429

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