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

IST:ADESE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	18.8	20.21	80.76	643.59	374.66	23.94
Short-Term Investments	-	34.94	-	-	-	-
Cash & Short-Term Investments	18.8	55.15	80.76	643.59	374.66	23.94
Cash Growth	-25.00%	-31.70%	-87.45%	71.78%	1465.20%	310.09%
Accounts Receivable	83.5	37.67	78.95	49.56	34.01	9.15
Other Receivables	310.12	212.86	104.81	22.18	0.01	223.18
Receivables	393.62	250.53	183.76	71.74	34.02	232.33
Inventory	4,083	3,666	1,038	341.05	5.22	20.35
Prepaid Expenses	224.87	0.09	-	5.27	0.99	0.5
Other Current Assets	6.11	243.37	170.79	94.11	6.79	3.81
Total Current Assets	4,726	4,215	1,474	1,156	421.68	280.93
Property, Plant & Equipment	579.83	503.96	227.21	75.59	0.86	501.03
Long-Term Investments	23.79	70.33	536.6	200.73	176.94	10.17
Other Intangible Assets	70.89	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	2.92	45.06	166.68	266.38	0.14	34.54
Other Long-Term Assets	13,018	11,802	11,926	5,753	1,645	711.96
Total Assets	18,421	16,703	14,400	7,506	2,261	1,553
Accounts Payable	345.93	318.82	100.12	16.94	3.51	93.51
Accrued Expenses	1.29	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	60.13	62.67	17.68	0.64	0.75	8.7
Current Income Taxes Payable	15.86	6.12	15.49	-	0.01	-
Current Unearned Revenue	644.1	627.49	19.94	35.77	6.18	2.99
Other Current Liabilities	348.57	274.83	129.23	93.81	7.89	12.94
Total Current Liabilities	1,416	1,305	306.44	208.32	62.66	493.73
Long-Term Debt	-	-	-	14.17	33.65	54.01
Long-Term Leases	123.38	125.16	44.52	0.4	0.47	28.04
Long-Term Unearned Revenue	322.76	284.98	104.99	-	-	-
Long-Term Deferred Tax Liabilities	2,021	1,659	2,129	692.65	238.58	187.87
Total Liabilities	3,885	3,376	2,586	922.09	336.36	769.16
Common Stock	1,008	1,008	1,008	1,008	1,008	252
Additional Paid-In Capital	3.36	3.06	3.06	2.12	0.51	0.51
Retained Earnings	4,567	4,344	6,145	2,921	475.98	114.92
Comprehensive Income & Other	4,826	4,202	4,508	2,652	439.84	416.87
Total Common Equity	10,405	9,557	11,664	6,583	1,924	784.3
Minority Interest	4,131	3,770	150.61	1.1	-	0.04
Shareholders' Equity	14,535	13,327	11,814	6,584	1,924	784.33
Total Liabilities & Equity	18,421	16,703	14,400	7,506	2,261	1,553
Total Debt	183.51	187.83	77.37	67.17	68.07	434.42
Net Cash (Debt)	-164.71	-132.67	3.38	576.42	306.59	-410.48
Net Cash Growth	-	-	-99.41%	88.01%	-	-
Net Cash Per Share	-0.16	-0.13	0.00	0.57	0.30	-1.63
Filing Date Shares Outstanding	1,008	1,008	1,008	1,008	1,008	252
Total Common Shares Outstanding	1,008	1,008	1,008	1,008	1,008	252
Working Capital	3,310	2,910	1,167	947.44	359.02	-212.8
Book Value Per Share	10.32	9.48	11.57	6.53	1.91	3.11
Tangible Book Value	10,334	9,491	11,593	6,530	1,910	769.92
Tangible Book Value Per Share	10.25	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.