IST:ALVES 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	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	Dec '20 Dec 31, 2020
Cash & Equivalents	82.49	105.3	44.21	26.41	3.92	1.85
Cash & Short-Term Investments	82.49	105.3	44.21	26.41	3.92	1.85
Cash Growth	-50.73%	138.18%	67.38%	573.43%	112.03%	-
Accounts Receivable	1,728	1,266	814.23	412.04	130.6	61.78
Other Receivables	1.44	13.27	6.56	18.98	2.72	0.81
Receivables	1,729	1,279	820.79	431.02	133.32	62.6
Inventory	1,008	679.55	531.18	447.26	134.93	26.18
Prepaid Expenses	146.06	24.72	3.12	2.5	0.07	0.31
Other Current Assets	490.22	253.28	189.35	35.97	21.8	4.75
Total Current Assets	3,456	2,342	1,589	943.16	294.03	95.68
Property, Plant & Equipment	1,831	1,534	943.19	438.74	40.23	39.29
Other Intangible Assets	24.43	22.28	28.06	1.07	0.38	0.44
Long-Term Deferred Tax Assets	-	-	-	-	3.34	0.9
Long-Term Deferred Charges	43.79	37.1	1.08	-	-	-
Other Long-Term Assets	0.08	0.06	8.26	2.98	4.2	2.57
Total Assets	5,355	3,935	2,569	1,386	342.17	138.87
Accounts Payable	641.35	550.3	294.63	287.89	99.39	19.67
Accrued Expenses	6.25	4.14	29.96	20.83	0.84	0.52
Short-Term Debt	1,237	941.6	363.25	359.39	110.72	55.79
Current Portion of Long-Term Debt	819.26	90.16	703.96	31.59	16.37	15.52
Current Portion of Leases	36.87	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	264.22	205.81	15.24	172.21	25.48	1.23
Other Current Liabilities	60.14	15.5	1.14	0.95	82.44	0.47
Total Current Liabilities	3,065	1,841	1,429	878.64	337.01	94.29
Long-Term Debt	15.44	53.71	49.34	42.2	12.07	20.28
Long-Term Leases	36.14	9.82	12.2	5.3	2.25	2.98
Long-Term Deferred Tax Liabilities	19.98	28.48	114.92	55.82	-	-
Other Long-Term Liabilities	-	-	-	2.96	0.58	0.24
Total Liabilities	3,144	1,938	1,609	984.93	351.9	117.79
Common Stock	160	160	120	90	35	5
Additional Paid-In Capital	974.9	885.77	-	-	-	-
Retained Earnings	650.24	580.13	476.14	34.97	24.17	4.05
Comprehensive Income & Other	425.85	371.79	363.81	276.06	-68.9	0.03
Total Common Equity	2,211	1,998	959.95	401.02	-9.72	9.08
Minority Interest	-	-	-	-	-	12
Shareholders' Equity	2,211	1,998	959.95	401.02	-9.72	21.08
Total Liabilities & Equity	5,355	3,935	2,569	1,386	342.17	138.87
Total Debt	2,145	1,120	1,148	442.67	142.13	95.29
Net Cash (Debt)	-2,062	-1,014	-1,104	-416.26	-138.2	-93.44
Net Cash Per Share	-12.89	-6.34	-6.90	-8.35	-17.01	-18.69
Filing Date Shares Outstanding	160	160	120	60.37	8.12	5
Total Common Shares Outstanding	160	160	120	60.37	8.12	5
Working Capital	390.72	501.39	159.65	64.52	-42.98	1.39
Book Value Per Share	13.82	12.49	8.00	6.64	-1.20	1.82
Tangible Book Value	2,187	1,975	931.89	399.96	-10.1	8.64
Tangible Book Value Per Share	13.67	12.35	7.77	6.63	-1.24	1.73
Land	56.7	51.52	51.52	35.68	-	-
Buildings	488.15	441.52	126.02	87.16	12.79	12.68
Machinery	1,358	1,189	554.26	178.56	25.14	23.48
Construction In Progress	150.08	32.5	275.66	124.75	4.65	1.94
Leasehold Improvements	0.34	0.72	0.4	0.28	0.07	0.16

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