IST:ALFAS 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	519.64	894.32	1,487	1,353	123.14
Trading Asset Securities	65.91	192.27	580.79	54.95	-
Accounts Receivable	1,094	712.2	245.45	99.39	51.68
Other Receivables	300.52	260.78	211.79	83.09	39.23
Inventory	1,901	1,764	2,631	1,206	176.47
Prepaid Expenses	4.54	6.39	252	1.07	0.09
Other Current Assets	23.9	0.28	0.42	0.45	12.05
Total Current Assets	3,910	3,830	5,408	2,797	402.67
Property, Plant & Equipment	3,015	2,641	1,919	459.75	37.87
Goodwill	-	3.96	-	-	-
Other Intangible Assets	106.06	89.64	-	-	-
Long-Term Investments	763.72	677.5	-	-	-
Long-Term Deferred Tax Assets	-	-	-	163.27	0.07
Other Long-Term Assets	-	-	0.36	-	-
Total Assets	7,795	7,242	7,327	3,420	440.61
Accounts Payable	795.13	605.04	1,291	729.73	243.32
Accrued Expenses	51.83	58.2	56.56	16.3	1.17
Short-Term Debt	937.12	602	230.46	19.74	8.43
Current Portion of Long-Term Debt	216.1	286.22	34.93	6.67	4.79
Current Unearned Revenue	898.05	1,080	1,473	881.04	67.32
Current Portion of Leases	0.45	0.4	-	1.03	1.85
Current Income Taxes Payable	19.08	-	51.9	83.71	0.07
Other Current Liabilities	53.02	193.21	4.42	11.68	0.34
Total Current Liabilities	2,971	2,825	3,142	1,750	327.3
Long-Term Debt	442.61	429.16	150.78	0.38	3.56
Long-Term Leases	0.44	0.5	-	-	0.29
Pension & Post-Retirement Benefits	24.96	19.07	8.78	4.27	0.64
Long-Term Deferred Tax Liabilities	188.55	168.97	77.51	-	-
Other Long-Term Liabilities	-	-	0.04	-	-
Total Liabilities	3,627	3,443	3,380	1,755	331.78
Common Stock	368	368	368	46	40
Additional Paid-In Capital	832.82	756.67	756.67	549.9	-
Retained Earnings	2,454	2,250	2,482	983	68.82
Treasury Stock	-60.78	-55.22	-	-	-
Comprehensive Income & Other	568.45	477.77	338.18	86.78	0.01
Total Common Equity	4,163	3,797	3,945	1,666	108.83
Minority Interest	4.45	3.15	2.86	-	-
Shareholders' Equity	4,167	3,800	3,948	1,666	108.83
Total Liabilities & Equity	7,795	7,242	7,327	3,420	440.61
Total Debt	1,597	1,318	416.18	27.83	18.91
Net Cash (Debt)	-1,011	-231.69	1,651	1,380	104.23
Net Cash Growth	-	-	19.67%	1223.80%	-
Net Cash Per Share	-2.75	-0.63	4.49	3.75	2.74
Filing Date Shares Outstanding	368	368	368	368	38.08
Total Common Shares Outstanding	368	368	368	368	38.08
Working Capital	938.98	1,006	2,266	1,047	75.37
Book Value Per Share	11.31	10.32	10.72	4.53	2.86
Tangible Book Value	4,057	3,703	3,945	1,666	108.83
Tangible Book Value Per Share	11.02	10.06	10.72	4.53	2.86
Land	60	54.51	54.41	10.18	2.37
Buildings	924.75	835.35	367.04	180.96	5.9
Machinery	2,099	1,856	874.16	240.76	29.11
Construction In Progress	315.02	206	832.07	73.98	9

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