Adese Gayrimenkul Yatirim A.S. (IST:ADESE)

IST:ADESE Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20.21	80.76	643.59	374.66	23.94
Short-Term Investments	34.94	-	-	-	-
Cash & Short-Term Investments	55.15	80.76	643.59	374.66	23.94
Cash Growth	-31.70%	-87.45%	71.78%	1465.20%	310.09%
Accounts Receivable	37.67	78.95	49.56	34.01	9.15
Other Receivables	212.86	104.81	22.18	0.01	223.18
Receivables	250.53	183.76	71.74	34.02	232.33
Inventory	3,666	1,038	341.05	5.22	20.35
Prepaid Expenses	0.09	-	5.27	0.99	0.5
Other Current Assets	243.37	170.79	94.11	6.79	3.81
Total Current Assets	4,215	1,474	1,156	421.68	280.93
Property, Plant & Equipment	503.96	227.21	75.59	0.86	501.03
Long-Term Investments	70.33	536.6	200.73	176.94	10.17
Other Intangible Assets	65.62	70.54	53.11	14.13	14.38
Long-Term Accounts Receivable	-	-	1.91	2.21	0.49
Long-Term Deferred Tax Assets	45.06	166.68	266.38	0.14	34.54
Other Long-Term Assets	11,802	11,926	5,753	1,645	711.96
Total Assets	16,703	14,400	7,506	2,261	1,553
Accounts Payable	318.82	100.12	16.94	3.51	93.51
Accrued Expenses	15.38	8.8	9.19	11.12	31.93
Current Portion of Long-Term Debt	-	15.17	51.96	33.2	343.66
Current Portion of Leases	62.67	17.68	0.64	0.75	8.7
Current Income Taxes Payable	6.12	15.49	-	0.01	-
Current Unearned Revenue	627.49	19.94	35.77	6.18	2.99
Other Current Liabilities	274.83	129.23	93.81	7.89	12.94
Total Current Liabilities	1,305	306.44	208.32	62.66	493.73
Long-Term Debt	-	-	14.17	33.65	54.01
Long-Term Leases	125.16	44.52	0.4	0.47	28.04
Long-Term Unearned Revenue	284.98	104.99	-	-	-
Long-Term Deferred Tax Liabilities	1,659	2,129	692.65	238.58	187.87
Total Liabilities	3,376	2,586	922.09	336.36	769.16
Common Stock	1,008	1,008	1,008	1,008	252
Additional Paid-In Capital	3.06	3.06	2.12	0.51	0.51
Retained Earnings	4,344	6,145	2,921	475.98	114.92
Comprehensive Income & Other	4,202	4,508	2,652	439.84	416.87
Total Common Equity	9,557	11,664	6,583	1,924	784.3
Minority Interest	3,770	150.61	1.1	-	0.04
Shareholders' Equity	13,327	11,814	6,584	1,924	784.33
Total Liabilities & Equity	16,703	14,400	7,506	2,261	1,553
Total Debt	187.83	77.37	67.17	68.07	434.42
Net Cash (Debt)	-132.67	3.38	576.42	306.59	-410.48
Net Cash Growth	-	-99.41%	88.01%	-	-
Net Cash Per Share	-0.13	0.00	0.57	0.30	-1.63
Filing Date Shares Outstanding	1,008	1,008	1,008	1,008	252
Total Common Shares Outstanding	1,008	1,008	1,008	1,008	252
Working Capital	2,910	1,167	947.44	359.02	-212.8
Book Value Per Share	9.48	11.57	6.53	1.91	3.11
Tangible Book Value	9,491	11,593	6,530	1,910	769.92
Tangible Book Value Per Share	9.42	11.50	6.48	1.90	3.06
Land	-	-	-	-	299.32
Buildings	95.19	36.47	30.65	-	153.28
Machinery	186.95	176.23	45.87	1.7	92.75
Construction In Progress	266.77	26.41	-	-	-
Leasehold Improvements	7.9	7.9	-	-	18.51

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.