IST:ALVES Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	184.88	235.92	137.83	44.21	26.41	3.92
Cash & Short-Term Investments	184.88	235.92	137.83	44.21	26.41	3.92
Cash Growth	124.13%	71.17%	211.76%	67.38%	573.43%	112.03%
Accounts Receivable	2,277	1,645	1,657	814.23	412.04	130.6
Other Receivables	36.11	31.24	9.03	3.71	18.98	2.72
Receivables	2,313	1,676	1,666	817.94	431.02	133.32
Inventory	2,976	2,931	889.48	531.18	447.26	134.93
Prepaid Expenses	1,250	-	-	3.12	2.5	0.07
Other Current Assets	73.19	1,195	372.22	192.21	35.97	21.8
Total Current Assets	6,797	6,038	3,066	1,589	943.16	294.03
Property, Plant & Equipment	2,284	1,938	2,008	943.19	438.74	40.23
Other Intangible Assets	13.92	15.04	29.16	28.06	1.07	0.38
Long-Term Deferred Tax Assets	-	-	-	-	-	3.34
Long-Term Deferred Charges	69	62.72	48.56	1.08	-	-
Other Long-Term Assets	0.01	-	0.08	8.26	2.98	4.2
Total Assets	9,164	8,054	5,151	2,569	1,386	342.17
Accounts Payable	1,239	832.31	712.23	294.63	287.89	99.39
Accrued Expenses	17.91	128.22	5.42	29.96	20.83	0.84
Short-Term Debt	1,388	1,135	1,232	363.25	359.39	110.72
Current Portion of Long-Term Debt	2,628	2,144	118.01	703.96	31.59	16.37
Current Portion of Leases	89.13	84.66	32.03	19.06	4.2	0.73
Current Income Taxes Payable	-	-	11.36	1.75	1.6	1.05
Current Unearned Revenue	259.21	312.67	269.4	15.24	172.21	25.48
Other Current Liabilities	378.43	583.64	28.37	1.14	0.95	82.44
Total Current Liabilities	6,000	5,220	2,409	1,429	878.64	337.01
Long-Term Debt	33.51	29.87	70.3	49.34	42.2	12.07
Long-Term Leases	43.58	64.57	12.85	12.2	5.3	2.25
Pension & Post-Retirement Benefits	10.1	8.93	6.7	3.84	-	-
Long-Term Deferred Tax Liabilities	72.63	14.01	37.28	114.92	55.82	-
Other Long-Term Liabilities	-	-	0	-	2.96	0.58
Total Liabilities	6,160	5,337	2,536	1,609	984.93	351.9
Common Stock	1,600	160	160	120	90	35
Additional Paid-In Capital	471.05	1,159	1,159	-	-	-
Retained Earnings	436.32	862.25	759.35	476.14	34.97	24.17
Comprehensive Income & Other	497.31	534.8	536.07	363.81	276.06	-68.9
Total Common Equity	3,005	2,716	2,615	959.95	401.02	-9.72
Shareholders' Equity	3,005	2,716	2,615	959.95	401.02	-9.72
Total Liabilities & Equity	9,164	8,054	5,151	2,569	1,386	342.17
Total Debt	4,182	3,458	1,466	1,148	442.67	142.13
Net Cash (Debt)	-3,997	-3,222	-1,328	-1,104	-416.26	-138.2
Net Cash Per Share	-	-2.01	-0.83	-0.69	-0.84	-1.70
Filing Date Shares Outstanding	-	1,600	1,600	1,200	603.7	81.23
Total Common Shares Outstanding	-	1,600	1,600	1,200	603.7	81.23
Working Capital	797.63	817.67	656.28	159.65	64.52	-42.98
Book Value Per Share	-	1.70	1.63	0.80	0.66	-0.12
Tangible Book Value	2,991	2,701	2,586	931.89	399.96	-10.1
Tangible Book Value Per Share	-	1.69	1.62	0.78	0.66	-0.12
Land	-	67.43	67.43	51.52	35.68	-
Buildings	-	580.54	577.92	126.02	87.16	12.79
Machinery	-	1,214	1,557	554.26	178.56	25.14
Construction In Progress	-	410	42.55	275.66	124.75	4.65
Leasehold Improvements	-	0.41	0.41	0.4	0.28	0.07

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