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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	343.92	894.32	1,487	1,353	123.14
Trading Asset Securities	32.12	192.27	580.79	54.95	-
Accounts Receivable	1,524	712.2	245.45	99.39	51.68
Other Receivables	275.29	260.78	211.79	83.09	39.23
Inventory	1,859	1,764	2,631	1,206	176.47
Prepaid Expenses	3.81	6.39	252	1.07	0.09
Other Current Assets	5.97	0.28	0.42	0.45	12.05
Total Current Assets	4,045	3,830	5,408	2,797	402.67
Property, Plant & Equipment	5,023	2,641	1,919	459.75	37.87
Goodwill	-	3.96	-	-	-
Other Intangible Assets	113.27	89.64	-	-	-
Long-Term Investments	860.9	677.5	-	-	-
Long-Term Deferred Tax Assets	-	-	-	163.27	0.07
Other Long-Term Assets	28.29	-	0.36	-	-
Total Assets	10,129	7,242	7,327	3,420	440.61
Accounts Payable	611.89	605.04	1,291	729.73	243.32
Accrued Expenses	68.23	58.2	56.56	16.3	1.17
Short-Term Debt	1,580	602	230.46	19.74	8.43
Current Portion of Long-Term Debt	196.64	286.22	34.93	6.67	4.79
Current Unearned Revenue	797.08	1,080	1,473	881.04	67.32
Current Portion of Leases	0.52	0.4	-	1.03	1.85
Current Income Taxes Payable	-	-	51.9	83.71	0.07
Other Current Liabilities	320.3	193.21	4.42	11.68	0.34
Total Current Liabilities	3,575	2,825	3,142	1,750	327.3
Long-Term Debt	811.8	429.16	150.78	0.38	3.56
Long-Term Leases	0.37	0.5	-	-	0.29
Pension & Post-Retirement Benefits	29.04	19.07	8.78	4.27	0.64
Long-Term Deferred Tax Liabilities	633.13	168.97	77.51	-	-
Other Long-Term Liabilities	-	-	0.04	-	-
Total Liabilities	5,049	3,443	3,380	1,755	331.78
Common Stock	368	368	368	46	40
Additional Paid-In Capital	882.84	756.67	756.67	549.9	-
Retained Earnings	2,661	2,250	2,482	983	68.82
Treasury Stock	-64.43	-55.22	-	-	-
Comprehensive Income & Other	1,225	477.77	338.18	86.78	0.01
Total Common Equity	5,072	3,797	3,945	1,666	108.83
Minority Interest	7.13	3.15	2.86	-	-
Shareholders' Equity	5,080	3,800	3,948	1,666	108.83
Total Liabilities & Equity	10,129	7,242	7,327	3,420	440.61
Total Debt	2,590	1,318	416.18	27.83	18.91
Net Cash (Debt)	-2,214	-231.69	1,651	1,380	104.23
Net Cash Growth	-	-	19.67%	1223.80%	-
Net Cash Per Share	-6.02	-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	469.58	1,006	2,266	1,047	75.37
Book Value Per Share	13.78	10.32	10.72	4.53	2.86
Tangible Book Value	4,959	3,703	3,945	1,666	108.83
Tangible Book Value Per Share	13.48	10.06	10.72	4.53	2.86
Land	298.26	54.51	54.41	10.18	2.37
Buildings	1,171	835.35	367.04	180.96	5.9
Machinery	3,784	1,856	874.16	240.76	29.11
Construction In Progress	277.84	206	832.07	73.98	9

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