IST:AEFES 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
Cash & Equivalents	32,113	37,174	70,986	59,588	39,327	10,260
Short-Term Investments	-	-	0.14	443.25	1,035	11.58
Cash & Short-Term Investments	32,113	37,174	70,987	60,031	40,362	10,272
Cash Growth	15.83%	-47.63%	18.25%	48.73%	292.93%	20.17%
Accounts Receivable	40,630	26,933	28,515	22,207	12,990	5,117
Other Receivables	1,112	1,137	1,647	652.31	1,278	151.75
Receivables	41,742	28,069	30,162	22,859	14,267	5,269
Inventory	30,664	28,997	39,541	35,918	23,546	5,903
Prepaid Expenses	6,493	6,166	6,659	4,172	2,170	568.75
Restricted Cash	367.86	428.62	296.4	99.28	218	62.07
Other Current Assets	7,441	8,288	11,123	7,046	5,264	2,589
Total Current Assets	118,821	109,123	158,768	130,126	85,826	24,664
Property, Plant & Equipment	103,438	97,345	110,398	86,132	58,375	21,728
Long-Term Investments	56,632	54,654	49.9	16.42	452.81	0.82
Goodwill	10,309	9,738	18,091	18,163	16,435	6,507
Other Intangible Assets	137,414	126,352	154,720	134,929	101,263	30,162
Long-Term Accounts Receivable	-	1.12	0.39	1.88	3.15	-
Long-Term Deferred Tax Assets	12,265	11,097	12,393	8,771	4,030	2,032
Other Long-Term Assets	6,764	5,269	6,609	4,790	1,859	419.48
Total Assets	445,642	413,578	461,029	382,930	268,245	85,513
Accounts Payable	49,014	41,668	64,815	47,731	33,009	12,634
Accrued Expenses	11,086	10,874	14,978	10,812	8,017	2,872
Short-Term Debt	25,108	26,093	29,875	16,001	12,217	2,679
Current Portion of Long-Term Debt	10,016	8,535	10,834	15,976	6,887	3,701
Current Portion of Leases	1,107	1,336	1,237	924.27	454.49	94.45
Current Income Taxes Payable	2,473	917.46	1,002	853.67	451.54	178.83
Current Unearned Revenue	786.83	1,172	969.78	1,119	650.73	164.97
Other Current Liabilities	16,096	15,142	16,770	19,917	7,572	2,197
Total Current Liabilities	115,686	105,736	140,482	113,334	69,259	24,521
Long-Term Debt	57,474	54,518	58,969	50,840	41,314	14,362
Long-Term Leases	2,900	2,506	2,074	1,540	1,036	409.49
Long-Term Unearned Revenue	186.04	0.86	0.52	64.26	90.82	14.7
Pension & Post-Retirement Benefits	1,896	1,736	1,772	1,556	1,433	348.64
Long-Term Deferred Tax Liabilities	29,596	28,084	35,496	27,932	19,465	5,292
Other Long-Term Liabilities	2,055	1,993	23.9	146.94	921.42	1,232
Total Liabilities	209,795	194,574	238,817	195,414	133,519	46,180
Common Stock	5,921	5,921	592.11	592.11	592.11	592.11
Additional Paid-In Capital	2,996	2,723	2,723	2,080	1,441	204.02
Retained Earnings	158,901	142,577	134,491	89,355	45,319	7,442
Comprehensive Income & Other	-48,497	-42,609	-27,802	1,180	17,181	10,477
Total Common Equity	119,322	108,611	110,003	93,208	64,533	18,715
Minority Interest	116,525	110,393	112,209	94,309	70,193	20,617
Shareholders' Equity	235,847	219,004	222,212	187,516	134,725	39,332
Total Liabilities & Equity	445,642	413,578	461,029	382,930	268,245	85,513
Total Debt	96,605	92,987	102,990	85,282	61,909	21,246
Net Cash (Debt)	-64,492	-55,813	-32,003	-25,251	-21,547	-10,974
Net Cash Per Share	-10.89	-9.43	-5.40	-4.26	-3.64	-1.85
Filing Date Shares Outstanding	5,921	5,921	5,921	5,921	5,921	5,921
Total Common Shares Outstanding	5,921	5,921	5,921	5,921	5,921	5,921
Working Capital	3,134	3,387	18,286	16,792	16,567	142.47
Book Value Per Share	20.15	18.34	18.58	15.74	10.90	3.16
Tangible Book Value	-28,401	-27,479	-62,808	-59,885	-53,166	-17,954
Tangible Book Value Per Share	-4.80	-4.64	-10.61	-10.11	-8.98	-3.03
Land	-	8,732	8,743	7,604	4,650	1,308
Buildings	-	41,733	45,531	37,496	27,251	7,753
Machinery	-	97,019	114,232	97,647	71,061	22,002
Construction In Progress	-	5,237	10,531	6,930	3,119	1,521
Leasehold Improvements	-	822.24	650.89	496.33	336.55	37.85

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