Alarko Holding A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5,701	8,736	4,727	8,385	840.26	375.39
Short-Term Investments	-	-	714.15	-	386.75	625.56
Trading Asset Securities	7,239	4,780	8,602	1,189	98.11	111.5
Cash & Short-Term Investments	12,940	13,516	14,043	9,574	1,325	1,112
Cash Growth	23.23%	-3.75%	46.69%	622.49%	19.12%	22.19%
Accounts Receivable	2,429	1,903	4,758	2,704	539.72	344.07
Other Receivables	281.78	165.38	130.28	93.44	34.13	13.66
Receivables	2,711	2,068	4,889	2,797	573.86	357.73
Inventory	2,650	1,414	1,594	1,573	278.72	113.31
Prepaid Expenses	197.53	132.45	162.48	88.89	18.83	6.03
Other Current Assets	3,158	2,309	1,986	753.73	237.43	75.91
Total Current Assets	21,657	19,440	22,675	14,787	2,434	1,665
Property, Plant & Equipment	26,716	15,706	10,353	4,561	957.1	422.77
Long-Term Investments	57,727	47,081	43,846	28,152	2,658	1,299
Goodwill	819.29	608.02	650	28.54	3.13	3.13
Other Intangible Assets	1,489	869.43	715.92	440	82.41	79.21
Long-Term Accounts Receivable	0.22	0.17	0.21	0.15	0.07	0.04
Long-Term Deferred Tax Assets	3,653	2,324	2,138	923.77	126.48	10.45
Other Long-Term Assets	9,751	7,908	5,324	2,940	870.18	613.33
Total Assets	121,812	93,937	85,702	51,832	7,132	4,093
Accounts Payable	2,105	2,546	2,807	1,761	384.9	144.28
Accrued Expenses	158.64	388.87	267.52	221.52	92.97	16.02
Short-Term Debt	10,022	7,405	7,129	2,470	105.54	12.87
Current Portion of Long-Term Debt	598.38	470.25	228.66	67.44	61.1	94.4
Current Portion of Leases	55.29	30.46	28.41	22.58	8.85	5.33
Current Income Taxes Payable	197.84	377.79	204.3	111.56	69.61	3.57
Current Unearned Revenue	1,374	846.27	1,985	2,499	1,351	466.51
Other Current Liabilities	8,573	6,969	6,358	5,170	51.97	6.79
Total Current Liabilities	23,085	19,033	19,008	12,323	2,126	749.76
Long-Term Debt	13,531	7,634	745.02	186.93	26.04	87.65
Long-Term Leases	135.91	88.79	80.48	44.97	26	21.34
Long-Term Unearned Revenue	4.35	313.92	699.86	397.15	27.5	48.36
Pension & Post-Retirement Benefits	214.26	142.31	170.62	129.31	33.24	25.37
Long-Term Deferred Tax Liabilities	1,705	1,269	660.71	399.33	122.32	144.56
Other Long-Term Liabilities	4,620	753.16	886.23	662.97	211.83	130.53
Total Liabilities	43,296	29,234	22,251	14,144	2,573	1,208
Common Stock	435	435	435	435	435	435
Additional Paid-In Capital	7,306	5,737	5,737	3,840	-	-
Retained Earnings	64,025	52,305	51,129	29,699	2,957	1,778
Treasury Stock	-2,904	-1,141	-869.01	-289.08	-10.12	-11.26
Comprehensive Income & Other	3,555	2,730	2,762	1,320	309.42	100.61
Total Common Equity	72,417	60,065	59,194	35,005	3,691	2,302
Minority Interest	6,100	4,638	4,257	2,684	867.44	583.5
Shareholders' Equity	78,517	64,703	63,451	37,688	4,559	2,886
Total Liabilities & Equity	121,812	93,937	85,702	51,832	7,132	4,093
Total Debt	24,343	15,629	8,212	2,792	227.53	221.58
Net Cash (Debt)	-11,403	-2,112	5,831	6,782	1,098	890.86
Net Cash Growth	-	-	-14.01%	517.86%	23.21%	66.96%
Net Cash Per Share	-27.18	-4.93	13.56	15.62	2.52	2.05
Filing Date Shares Outstanding	397.88	426.81	429.46	432.88	435	435
Total Common Shares Outstanding	397.88	426.81	429.46	432.88	435	435
Working Capital	-1,427	406.45	3,667	2,464	307.6	915.66
Book Value Per Share	182.01	140.73	137.83	80.86	8.49	5.29
Tangible Book Value	70,109	58,587	57,828	34,536	3,606	2,220
Tangible Book Value Per Share	176.21	137.27	134.65	79.78	8.29	5.10
Land	-	1,546	815.04	47.05	5.11	3.23
Buildings	-	4,933	3,701	2,242	574.84	101.26
Machinery	-	8,114	7,314	4,616	611.59	504.89
Construction In Progress	-	5,418	2,733	338.67	46.13	31.42
Leasehold Improvements	-	515.25	488.03	320.06	35.19	32.67

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