Hitachi Zosen : (Full version) Report of Consolidated Financial Results -For the Three Months Ended September 30, 2023

Name of ompany:	Hitachi Zosen Corporation
Stock Exchange Listing:	Tokyo
Representative:	adao Mino, President &	tive

el. [phone]

																		(Millions of yen)
Assets
Current assets
Cash and deposits	86,404	85,227
Notes and accounts receivable			trade, and
Merchandise and finished goods	1,461	2,352
Work in process	7,391	12,951
Raw materials	and supplies	8,332	9,929
																20,749	25,198
		Allowance for doubtful	accounts	3,864	4,045
Total		current assets		318,853	289,799

	Total		investments and other assets	51,379	53,868
Total	non current assets	160,760	169,711

																															(Millions of yen)
Liabilities
Current		liabilities
	Notes and accounts payable	trade	50,623	40,012
				Electronically						recorded	obligations operating	22,660	6,573
	Short term borrowings	16,618	16,274
	Current portion of bonds payable						10,000
	Lease	liabilities	1,341		1,370
	Accrued expenses	70,138	63,543
		Income taxes payable				4,021		2,169
	Contract		liabilities	41,355	50,689
	Total		current		liabilities	240,811		227,794

Total non current liabilities

Total liabilities

Accumulated other comprehensive income

Non controlling interests

Total net assets

97,559	88,332
338,370	316,126

1,691	5,664
141,311	143,438

(Millions of yen)

Total non operating income

Non operating expenses Interest expenses Foreign exchange losses

Total non operating expenses

Total extraordinary income

710	2,626
374	287
1,614
1,625	1,544
3,614	1,832

1,798

Operating income

O per atin g in c om e