IST:A1CAP Balance Sheet

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

Millions TRY. 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	1,688	1,442	1,057	601.88	138.62
Trading Asset Securities	6,379	2,637	1,101	715.92	51.08
Accounts Receivable	7,805	6,562	4,085	2,675	657.14
Other Receivables	149.09	93.88	15.76	10.37	0.15
Property, Plant & Equipment	420.63	330.89	171.61	112.16	31.09
Other Intangible Assets	5.16	6.4	9.06	5.19	0.14
Investments in Debt & Equity Securities	166.33	62.58	47.78	32.6	6.09
Other Current Assets	1,515	125.6	38.61	16.34	4.53
Other Long-Term Assets	77.32	47.49	48.22	29.25	4.73
Total Assets	18,204	11,308	6,574	4,198	893.55
Accounts Payable	4,828	3,193	1,481	1,085	329.96
Accrued Expenses	226.01	96.85	83.69	27.62	6.12
Short-Term Debt	2,050	2,353	1,062	1,343	222.79
Current Portion of Long-Term Debt	-	-	-	7.02	8.16
Current Portion of Leases	27.22	5.53	5.07	2.57	1.66
Other Current Liabilities	267.64	24.17	36.04	72.08	6.31
Long-Term Debt	-	-	-	-	3.58
Long-Term Leases	39.17	11.96	19.05	11.31	2.77
Long-Term Unearned Revenue	0.7	-	-	-	-
Long-Term Deferred Tax Liabilities	1,362	185.07	7.26	116.22	1.16
Total Liabilities	9,021	5,986	2,877	2,711	596.93
Common Stock	675	135	135	100	100
Additional Paid-In Capital	2,568	3,108	2,343	420.31	0.05
Retained Earnings	5,902	2,077	1,217	967.63	192.8
Comprehensive Income & Other	37.72	1.39	2.06	-0.09	3.78
Shareholders' Equity	9,183	5,322	3,697	1,488	296.63
Total Liabilities & Equity	18,204	11,308	6,574	4,198	893.55
Total Debt	2,117	2,371	1,086	1,364	238.95
Net Cash (Debt)	5,949	1,708	1,072	-45.75	-49.26
Net Cash Growth	248.24%	59.39%	-	-	-
Net Cash Per Share	8.81	2.53	1.59	-0.09	-0.10
Filing Date Shares Outstanding	675	675	675	500	500
Total Common Shares Outstanding	675	675	675	500	500
Working Capital	9,928	5,084	3,454	1,441	263.28
Book Value Per Share	13.60	7.88	5.48	2.98	0.59
Tangible Book Value	9,177	5,315	3,688	1,483	296.48
Tangible Book Value Per Share	13.60	7.87	5.46	2.97	0.59

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.