IST:AKSUE 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	15.17	36.59	0.01	4.33	9.43
Short-Term Investments	2	3.36	1.44	0.09	-
Accounts Receivable	8.96	9.19	8.82	8.95	3.04
Other Receivables	1.08	0.27	0.29	0.91	0.07
Inventory	2.44	2.37	1.83	1.27	0.3
Prepaid Expenses	1.71	1.64	0.95	0.66	0.33
Other Current Assets	-	0.01	-	1.24	0.46
Total Current Assets	31.37	53.42	13.34	17.45	13.63
Property, Plant & Equipment	274.6	294.41	231.95	210.85	42.96
Other Intangible Assets	170.73	182.3	148.61	109.39	7.29
Long-Term Investments	563.8	563.8	430.73	298.34	-
Other Long-Term Assets	0.16	0.15	0.11	0.07	20.19
Total Assets	1,041	1,094	824.74	636.1	84.07
Accounts Payable	1.66	1.73	1.56	0.98	0.38
Accrued Expenses	1.7	2.07	0.94	0.71	0.26
Current Portion of Long-Term Debt	3.44	2.66	1.01	4.25	2.28
Current Unearned Revenue	-	-	-	-	1.77
Current Portion of Leases	13.07	39.18	51.37	66.38	23.1
Current Income Taxes Payable	0.55	0.42	0.81	0.01	0
Other Current Liabilities	1.13	1.13	0.5	0.54	0.31
Total Current Liabilities	21.56	47.2	56.19	72.87	28.1
Long-Term Debt	0.84	2.9	-	0.78	2.37
Long-Term Leases	-	12.53	48.62	74.27	36.02
Long-Term Unearned Revenue	-	-	-	-	1.77
Pension & Post-Retirement Benefits	2.36	2.58	1.13	2.37	0.58
Long-Term Deferred Tax Liabilities	255.42	230.62	148.73	154.4	1.99
Other Long-Term Liabilities	-	-	0	-	-
Total Liabilities	280.17	295.82	254.67	304.69	70.82
Common Stock	66	66	33	33	33
Additional Paid-In Capital	5.89	5.89	10.68	7.4	1.27
Retained Earnings	-16.19	21.29	13.96	-54.11	-29.71
Comprehensive Income & Other	704.78	705.06	512.43	345.12	8.68
Shareholders' Equity	760.49	798.25	570.07	331.41	13.24
Total Liabilities & Equity	1,041	1,094	824.74	636.1	84.07
Total Debt	17.35	57.27	101	145.68	63.76
Net Cash (Debt)	-0.18	-17.32	-99.54	-141.25	-54.33
Net Cash Per Share	-0.00	-0.28	-3.02	-4.28	-1.65
Filing Date Shares Outstanding	66	66	33	33	33
Total Common Shares Outstanding	66	66	33	33	33
Working Capital	9.81	6.22	-42.85	-55.43	-14.47
Book Value Per Share	11.52	12.09	17.27	10.04	0.40
Tangible Book Value	589.75	615.95	421.46	222.02	5.95
Tangible Book Value Per Share	8.94	9.33	12.77	6.73	0.18
Land	3.82	3.82	2.91	2.02	0.25
Buildings	1.05	1.24	5.63	3.92	0.25
Machinery	271.04	29.78	19.67	65.51	49.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.