IST:AKFYE 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	1,436	2,125	1,517	1,648	1,488	797.95
Accounts Receivable	596.18	453.36	626.44	675.21	743.42	206.7
Other Receivables	24.5	23.88	29.97	1.67	8.58	10.05
Inventory	2.35	2.14	2.14	1.63	-	0.83
Prepaid Expenses	207.67	279.58	262.17	117.25	111.24	33.23
Other Current Assets	126.87	138.73	766.54	17.72	10.24	8.99
Total Current Assets	2,393	3,023	3,204	2,461	2,362	1,058
Property, Plant & Equipment	73,672	67,369	56,360	43,100	28,152	12,859
Goodwill	-	295.58	295.58	225.82	156.41	42.46
Other Intangible Assets	5,098	4,374	4,475	3,520	2,504	440.83
Long-Term Investments	1.9	1.72	1.72	0.92	0.64	0.1
Long-Term Deferred Tax Assets	-	-	-	17.05	37.87	37.97
Long-Term Accounts Receivable	-	-	-	3.86	5.28	2.18
Other Long-Term Assets	545.94	501.23	610.89	597.91	487.64	127.9
Total Assets	81,711	75,564	64,947	49,926	33,706	14,568
Accounts Payable	616.87	1,304	1,266	592.03	853.38	178.68
Accrued Expenses	58.04	116.28	110.63	90.93	53.01	348.05
Short-Term Debt	3,075	-	-	-	-	-
Current Portion of Long-Term Debt	-	2,855	2,031	3,440	2,559	1,040
Current Unearned Revenue	267.71	292.77	287.56	383.62	427.7	139.75
Current Portion of Leases	-	113.71	94.86	27.68	29.42	8.22
Current Income Taxes Payable	1.23	1.98	-	2.94	1.13	-
Other Current Liabilities	93.12	0.11	-	-	16.18	19.65
Total Current Liabilities	4,112	4,684	3,790	4,537	3,940	1,734
Long-Term Debt	9,728	8,978	7,801	10,379	9,581	5,128
Long-Term Leases	-	793.97	654.93	361.42	382.24	94
Pension & Post-Retirement Benefits	66.92	66.74	64.58	54.81	32.2	9.25
Long-Term Deferred Tax Liabilities	5,339	5,187	5,087	5,085	4,505	1,769
Other Long-Term Liabilities	9.14	8.87	9.86	8.69	4.5	336.77
Total Liabilities	19,254	19,718	17,408	20,426	18,445	9,072
Common Stock	1,197	1,197	1,197	1,016	1,016	1,016
Additional Paid-In Capital	10,573	9,609	9,609	4,308	2,984	566.66
Retained Earnings	37,030	33,213	31,263	23,727	11,885	-934.26
Treasury Stock	-285.53	-259.48	-	-	-	-
Comprehensive Income & Other	13,794	11,954	5,340	362.23	-682.4	4,826
Total Common Equity	62,309	55,713	47,409	29,413	15,202	5,474
Minority Interest	148.13	132.26	130.14	87.19	59.35	21.67
Shareholders' Equity	62,457	55,845	47,539	29,500	15,261	5,496
Total Liabilities & Equity	81,711	75,564	64,947	49,926	33,706	14,568
Total Debt	12,802	12,741	10,583	14,208	12,551	6,271
Net Cash (Debt)	-11,367	-10,616	-9,066	-12,560	-11,063	-5,473
Net Cash Per Share	-	-8.91	-6.71	-12.36	-10.89	-5.39
Filing Date Shares Outstanding	-	1,183	1,197	1,016	1,016	1,016
Total Common Shares Outstanding	-	1,183	1,197	1,016	1,016	1,016
Working Capital	-1,719	-1,662	-586.31	-2,076	-1,578	-676.66
Book Value Per Share	-	47.10	39.61	28.95	14.96	5.39
Tangible Book Value	57,211	51,044	42,638	25,668	12,541	4,991
Tangible Book Value Per Share	-	43.15	35.62	25.26	12.34	4.91
Land	-	-	-	-	-	5.48
Buildings	-	-	-	-	-	368.27
Machinery	-	77,475	62,754	48,811	31,535	13,280
Construction In Progress	-	102.4	2,510	196.7	27.44	4.5

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