IST:ADESE Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Property, Plant & Equipment	846.07	771.28	659.65	227.21	75.59	0.86
Cash & Equivalents	394.28	88.32	26.46	80.76	643.59	374.66
Accounts Receivable	311.73	171.62	49.3	78.95	49.56	34.01
Other Receivables	0.73	72.78	95.15	4.14	22.18	0.01
Investment In Debt and Equity Securities	89.45	32.88	119.08	462.16	142.51	43.11
Other Intangible Assets	85.84	79.58	85.9	70.54	53.11	14.13
Loans Receivable Current	-	567.19	-	-	-	-
Other Current Assets	6,433	5,941	5,301	1,310	440.43	13
Deferred Long-Term Tax Assets	3.53	1.5	58.98	166.68	266.38	0.14
Other Long-Term Assets	17,400	15,824	15,467	12,000	5,813	1,781
Total Assets	25,565	23,549	21,862	14,400	7,506	2,261
Current Portion of Long-Term Debt	-	-	-	15.17	51.96	33.2
Current Portion of Leases	59.73	55.87	82.03	17.68	0.64	0.75
Long-Term Debt	-	-	-	-	14.17	33.65
Long-Term Leases	91.72	102.92	163.82	44.52	0.4	0.47
Accounts Payable	327.04	798.24	417.32	100.12	16.94	3.51
Accrued Expenses	8.62	42.25	20.13	8.8	9.19	11.12
Current Income Taxes Payable	19.51	47.83	8.01	15.49	-	0.01
Current Unearned Revenue	1,050	782.24	821.33	19.94	35.77	6.18
Other Current Liabilities	127.34	33.38	53.03	40.7	93.81	7.89
Long-Term Unearned Revenue	415.61	340.01	373.01	104.99	-	-
Long-Term Deferred Tax Liabilities	3,744	3,174	2,171	2,129	692.65	238.58
Total Liabilities	5,879	5,435	4,419	2,586	922.09	336.36
Common Stock	5,040	5,040	1,008	1,008	1,008	1,008
Additional Paid-In Capital	4.4	4	4	3.06	2.12	0.51
Retained Earnings	6,274	5,845	5,686	6,145	2,921	475.98
Comprehensive Income & Other	2,577	1,882	5,811	4,508	2,652	439.84
Total Common Equity	13,895	12,772	12,509	11,664	6,583	1,924
Minority Interest	5,792	5,342	4,934	150.61	1.1	-
Shareholders' Equity	19,687	18,114	17,443	11,814	6,584	1,924
Total Liabilities & Equity	25,565	23,549	21,862	14,400	7,506	2,261
Total Debt	180.58	212.67	552.55	165.91	67.17	68.07
Net Cash (Debt)	213.7	-124.35	-526.09	-85.15	576.42	306.59
Net Cash (Debt) Growth	-	-	-	-	88.01%	-
Net Cash Per Share	0.04	-0.02	-0.10	-0.02	0.11	0.06
Filing Date Shares Outstanding	5,040	5,040	5,040	5,040	5,040	5,040
Total Common Shares Outstanding	5,040	5,040	5,040	5,040	5,040	5,040
Book Value Per Share	2.76	2.53	2.48	2.31	1.31	0.38
Tangible Book Value	13,809	12,692	12,423	11,593	6,530	1,910
Tangible Book Value Per Share	2.74	2.52	2.46	2.30	1.30	0.38
Buildings	-	125.94	124.6	36.47	30.65	-
Construction In Progress	-	495.84	349.18	26.41	-	-