IST:AKENR 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	655.82	2,376	1,690	2,057	681.3
Short-Term Investments	-	-	187.84	133.14	-
Accounts Receivable	667.22	920.74	1,179	3,651	451.75
Other Receivables	70.49	42.05	26.78	13.8	2.33
Inventory	90.63	225.32	186.79	74.36	11.12
Prepaid Expenses	200.62	222.33	193.15	150.36	20.95
Other Current Assets	355.33	347.37	185.21	121.08	360.8
Total Current Assets	2,040	4,134	3,648	6,201	1,528
Property, Plant & Equipment	36,276	39,629	41,083	30,602	11,415
Other Intangible Assets	774.46	794.96	595.95	404.92	104.65
Long-Term Investments	1.87	1.87	1.08	0.75	0.1
Long-Term Deferred Tax Assets	-	281.04	15.26	9.58	0.17
Other Long-Term Assets	629.48	651.12	784.85	585.91	63.29
Total Assets	39,722	45,492	46,129	37,804	13,112
Accounts Payable	1,811	1,758	1,201	3,478	509.93
Accrued Expenses	317.19	435.69	409.17	362.87	100.32
Short-Term Debt	315.93	398.97	-	-	-
Current Portion of Long-Term Debt	10,632	2,002	9,748	1,121	512.2
Current Unearned Revenue	0.76	0.56	0.08	35.7	0.15
Current Portion of Leases	73.81	73.61	73.48	47.53	20.55
Current Income Taxes Payable	0.17	-	1.04	2.65	2.16
Other Current Liabilities	511.23	441.31	439.53	525.6	448.76
Total Current Liabilities	13,663	5,110	11,873	5,573	1,594
Long-Term Debt	10,778	21,367	12,620	17,838	8,613
Long-Term Leases	298.43	338	351.05	263.98	138.56
Pension & Post-Retirement Benefits	71.03	71.22	49.21	57.02	12.21
Long-Term Deferred Tax Liabilities	1,495	17.2	566.65	3,422	945.78
Other Long-Term Liabilities	543.25	726.53	771.12	711.63	230.33
Total Liabilities	26,849	27,630	26,231	27,865	11,534
Common Stock	729.16	729.16	729.16	729.16	729.16
Additional Paid-In Capital	1,534	1,534	1,172	811.5	50.22
Retained Earnings	-6,005	-637.11	2,668	-3,288	-6,788
Comprehensive Income & Other	16,615	16,236	15,328	11,686	7,587
Shareholders' Equity	12,873	17,861	19,897	9,939	1,578
Total Liabilities & Equity	39,722	45,492	46,129	37,804	13,112
Total Debt	22,098	24,180	22,793	19,270	9,284
Net Cash (Debt)	-21,443	-21,804	-20,916	-17,079	-8,603
Net Cash Per Share	-29.41	-29.90	-28.68	-23.42	-11.80
Filing Date Shares Outstanding	729.16	729.16	729.16	729.16	729.16
Total Common Shares Outstanding	729.16	729.16	729.16	729.16	729.16
Working Capital	-11,623	-976.28	-8,225	628.2	-65.82
Book Value Per Share	17.65	24.50	27.29	13.63	2.16
Tangible Book Value	12,098	17,066	19,301	9,534	1,474
Tangible Book Value Per Share	16.59	23.41	26.47	13.08	2.02
Land	1.79	1.97	2.83	1.71	0.48
Buildings	5,962	6,003	5,520	3,605	1,489
Machinery	47,783	49,007	20,979	13,338	5,547
Construction In Progress	261.92	434.05	445.13	600.02	57.53

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