IST:ACSEL 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	25.74	7.83	0.4	2.54	9.48
Cash & Short-Term Investments	25.74	7.83	0.4	2.54	9.48
Cash Growth	228.89%	1877.10%	-84.39%	-73.25%	66.27%
Accounts Receivable	166.49	202.85	105.96	26.34	30.69
Other Receivables	23.86	69.45	17.23	1.35	0.41
Receivables	190.36	272.3	123.19	27.69	31.1
Inventory	59.83	93.78	133.38	77.99	31.87
Prepaid Expenses	1.92	2.51	1.97	0.15	0.08
Other Current Assets	5.34	10.08	18.22	6.74	3.85
Total Current Assets	283.2	386.5	277.16	115.11	76.38
Property, Plant & Equipment	460.7	476.73	367.57	38.15	16.62
Long-Term Investments	0	0	0	0	0
Other Intangible Assets	1.59	0.62	0.41	0.11	0.13
Long-Term Deferred Tax Assets	-	-	5.94	-	-
Other Long-Term Assets	195.81	196.97	161.59	116.83	35.52
Total Assets	941.31	1,061	812.67	270.2	128.65
Accounts Payable	60.16	74.16	88.29	18.55	17.79
Accrued Expenses	12	7.06	4.08	2	2.05
Current Portion of Long-Term Debt	120.01	176.36	105.04	25.6	-
Current Income Taxes Payable	-	-	-	0.41	4.83
Current Unearned Revenue	6.8	2.09	2.63	2.48	8.11
Other Current Liabilities	39.72	3.98	57.89	0.05	0.04
Total Current Liabilities	238.69	263.64	257.94	49.08	32.82
Long-Term Debt	73.95	140.19	26.09	19.2	-
Pension & Post-Retirement Benefits	9.32	9.1	8.99	5.58	1.84
Long-Term Deferred Tax Liabilities	44.33	16.18	-	9.07	4.43
Total Liabilities	366.29	429.1	293.02	82.93	39.09
Common Stock	10.72	10.72	10.72	10.72	10.72
Retained Earnings	407.32	474.5	394.88	148.13	62.21
Treasury Stock	-	-	-	-	-0.02
Comprehensive Income & Other	156.97	146.51	114.04	28.42	16.64
Shareholders' Equity	575.01	631.73	519.65	187.27	89.56
Total Liabilities & Equity	941.31	1,061	812.67	270.2	128.65
Total Debt	193.96	316.55	131.13	44.8	-
Net Cash (Debt)	-168.21	-308.72	-130.74	-42.26	9.48
Net Cash Growth	-	-	-	-	66.27%
Net Cash Per Share	-15.69	-28.79	-12.19	-3.94	0.88
Filing Date Shares Outstanding	10.72	10.72	10.72	10.72	10.7
Total Common Shares Outstanding	10.72	10.72	10.72	10.72	10.7
Working Capital	44.5	122.86	19.22	66.03	43.56
Book Value Per Share	53.63	58.92	48.47	17.47	8.37
Tangible Book Value	573.42	631.1	519.24	187.16	89.43
Tangible Book Value Per Share	53.48	58.86	48.43	17.46	8.36
Land	55.1	48.47	39.42	18.11	8.76
Buildings	137.03	130.5	25.9	8.64	5.59
Machinery	380.93	374.35	90.53	13.47	6.81
Construction In Progress	0.53	0.4	251.14	0.86	0.08

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