SOCAR 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	102,903	84,290	118,198	140,977	69,527	47,351
Short-Term Investments	8,284	10,044	14,611	2,498	1,003	4,745
Trading Asset Securities	-	-	-	-	-	970.44
Cash & Short-Term Investments	111,187	94,335	132,809	143,475	70,529	53,067
Cash Growth	45.84%	-28.97%	-7.43%	103.43%	32.91%	-
Accounts Receivable	16,466	15,675	16,418	11,448	9,129	18,887
Other Receivables	897.12	3,358	3,213	1,193	3,100	5,427
Receivables	18,363	22,826	19,771	19,640	19,229	25,214
Inventory	2,037	-	-	-	-	1,404
Prepaid Expenses	32,057	21,151	4,249	6,490	6,551	14,729
Other Current Assets	4,661	2,413	2,214	1,078	1,704	7,764
Total Current Assets	168,305	140,724	159,042	170,684	98,014	102,177
Property, Plant & Equipment	380,395	395,543	429,544	317,274	236,261	149,047
Long-Term Investments	16,118	16,118	14,381	28,991	35,354	8,064
Goodwill	53,990	53,990	53,990	54,733	54,733	6,716
Other Intangible Assets	13,686	11,689	10,538	9,877	3,914	963.38
Other Long-Term Assets	4,751	9,597	5,329	4,155	4,913	4,610
Total Assets	637,245	631,517	679,023	585,713	433,189	271,578
Accounts Payable	-	-	-	-	-	2.81
Accrued Expenses	2,825	3,397	2,712	1,966	1,396	2,293
Short-Term Debt	16,553	15,181	15,500	11,185	22,612	19,613
Current Portion of Long-Term Debt	174,580	140,490	144,939	121,489	45,395	37,469
Current Portion of Leases	9,768	14,103	29,557	25,850	39,416	19,483
Current Income Taxes Payable	-	278.52	126.16	769.96	-	-
Other Current Liabilities	52,255	50,014	49,241	36,584	39,076	55,201
Total Current Liabilities	255,981	223,463	242,075	197,843	147,896	134,062
Long-Term Debt	195,434	211,646	200,798	102,345	66,504	60,631
Long-Term Leases	1,732	7,592	19,056	32,437	61,033	35,358
Pension & Post-Retirement Benefits	1,549	1,854	1,549	960.15	1,494	993.58
Long-Term Deferred Tax Liabilities	341.47	412.5	507.2	606.9	706.59	-
Other Long-Term Liabilities	3,595	3,081	3,299	3,943	4,646	898.15
Total Liabilities	458,632	448,049	467,284	338,135	282,279	231,942
Common Stock	3,284	3,284	3,279	3,273	2,879	2,010
Additional Paid-In Capital	14,300	526,395	525,626	525,984	412,611	299,139
Retained Earnings	143,076	-360,936	-329,436	-286,811	-268,564	-274,395
Comprehensive Income & Other	17,952	14,725	12,270	5,132	3,984	4,645
Total Common Equity	178,612	183,468	211,739	247,578	150,910	31,399
Minority Interest	-	-	-	-	-	-238.42
Shareholders' Equity	178,612	183,468	211,739	247,578	150,910	39,636
Total Liabilities & Equity	637,245	631,517	679,023	585,713	433,189	271,578
Total Debt	398,067	389,012	409,850	293,305	234,960	172,553
Net Cash (Debt)	-286,880	-294,678	-277,041	-149,830	-164,430	-119,487
Net Cash Per Share	-8746.65	-8983.35	-8453.11	-4928.67	-7780.03	-6080.82
Filing Date Shares Outstanding	33.16	32.84	32.79	32.73	28.79	20.1
Total Common Shares Outstanding	33.16	32.84	32.79	32.73	28.79	20.1
Working Capital	-87,676	-82,739	-83,033	-27,159	-49,882	-31,885
Book Value Per Share	5385.80	5587.24	6457.77	7565.27	5241.26	1562.26
Tangible Book Value	110,936	117,788	147,211	182,969	92,263	23,720
Tangible Book Value Per Share	3345.11	3587.06	4489.74	5591.00	3204.40	1180.19

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