IST:ALVES Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	105.3	44.21	26.41	3.92	1.85
Cash & Short-Term Investments	105.3	44.21	26.41	3.92	1.85
Cash Growth	138.18%	67.38%	573.43%	112.03%	-
Accounts Receivable	1,266	814.23	412.04	130.6	61.78
Other Receivables	13.27	6.56	18.98	2.72	0.81
Receivables	1,279	820.79	431.02	133.32	62.6
Inventory	679.55	531.18	447.26	134.93	26.18
Prepaid Expenses	24.72	3.12	2.5	0.07	0.31
Other Current Assets	253.28	189.35	35.97	21.8	4.75
Total Current Assets	2,342	1,589	943.16	294.03	95.68
Property, Plant & Equipment	1,534	943.19	438.74	40.23	39.29
Other Intangible Assets	22.28	28.06	1.07	0.38	0.44
Long-Term Deferred Tax Assets	-	-	-	3.34	0.9
Long-Term Deferred Charges	37.1	1.08	-	-	-
Other Long-Term Assets	0.06	8.26	2.98	4.2	2.57
Total Assets	3,935	2,569	1,386	342.17	138.87
Accounts Payable	550.3	294.63	287.89	99.39	19.67
Accrued Expenses	4.14	29.96	20.83	0.84	0.52
Short-Term Debt	941.6	363.25	359.39	110.72	55.79
Current Portion of Long-Term Debt	90.16	703.96	31.59	16.37	15.52
Current Portion of Leases	24.47	19.06	4.2	0.73	0.73
Current Income Taxes Payable	8.68	1.75	1.6	1.05	0.37
Current Unearned Revenue	205.81	15.24	172.21	25.48	1.23
Other Current Liabilities	15.5	1.14	0.95	82.44	0.47
Total Current Liabilities	1,841	1,429	878.64	337.01	94.29
Long-Term Debt	53.71	49.34	42.2	12.07	20.28
Long-Term Leases	9.82	12.2	5.3	2.25	2.98
Long-Term Deferred Tax Liabilities	28.48	114.92	55.82	-	-
Other Long-Term Liabilities	-	-	2.96	0.58	0.24
Total Liabilities	1,938	1,609	984.93	351.9	117.79
Common Stock	160	120	90	35	5
Additional Paid-In Capital	885.77	-	-	-	-
Retained Earnings	580.13	476.14	34.97	24.17	4.05
Comprehensive Income & Other	371.79	363.81	276.06	-68.9	0.03
Total Common Equity	1,998	959.95	401.02	-9.72	9.08
Minority Interest	-	-	-	-	12
Shareholders' Equity	1,998	959.95	401.02	-9.72	21.08
Total Liabilities & Equity	3,935	2,569	1,386	342.17	138.87
Total Debt	1,120	1,148	442.67	142.13	95.29
Net Cash (Debt)	-1,014	-1,104	-416.26	-138.2	-93.44
Net Cash Per Share	-6.34	-6.90	-8.35	-17.01	-18.69
Filing Date Shares Outstanding	160	120	60.37	8.12	5
Total Common Shares Outstanding	160	120	60.37	8.12	5
Working Capital	501.39	159.65	64.52	-42.98	1.39
Book Value Per Share	12.49	8.00	6.64	-1.20	1.82
Tangible Book Value	1,975	931.89	399.96	-10.1	8.64
Tangible Book Value Per Share	12.35	7.77	6.63	-1.24	1.73
Land	51.52	51.52	35.68	-	-
Buildings	441.52	126.02	87.16	12.79	12.68
Machinery	1,189	554.26	178.56	25.14	23.48
Construction In Progress	32.5	275.66	124.75	4.65	1.94
Leasehold Improvements	0.72	0.4	0.28	0.07	0.16

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.