IST:ANHYT 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
Investments in Equity & Preferred Securities	756.48	805.82	408.38	169.7	90.32	12.76
Policy Loans	3,196	2,692	1,387	735.84	321.2	141.94
Other Investments	7,457	7,871	5,562	4,843	2,685	1,411
Total Investments	16,183	17,188	11,700	8,857	4,689	2,066
Cash & Equivalents	6,878	6,827	2,610	1,676	1,302	423.27
Other Receivables	402,948	375,415	218,444	134,566	76,047	43,910
Separate Account Assets	37,607	37,238	23,520	15,843	7,732	4,657
Property, Plant & Equipment	560.51	520.38	300.49	159.26	129.27	114.21
Other Intangible Assets	0.79	0.96	1.67	5.43	11.83	23.38
Restricted Cash	-	1,391	575.16	14.89	0.37	-
Other Current Assets	3,017	4,507	2,861	1,615	712.45	258.81
Long-Term Deferred Tax Assets	451.57	397.83	246.95	88.61	-	-
Other Long-Term Assets	196.74	187.53	78.29	40.32	34.8	12.08
Total Assets	467,843	443,673	260,339	162,865	90,659	51,465
Accounts Payable	-	210.39	100.58	87.42	54.89	28.96
Accrued Expenses	3,194	774.19	569.82	295.61	115.76	73.49
Insurance & Annuity Liabilities	50,870	50,483	30,663	20,200	85,619	48,967
Unpaid Claims	780.07	722.97	520.2	385.19	212.6	168.75
Unearned Premiums	3,007	2,918	1,813	863.65	286.54	76.27
Reinsurance Payable	131.81	114.48	88.01	75.38	57.84	10.5
Current Portion of Leases	118.83	103.26	69.08	22.46	15.36	10.32
Short-Term Debt	-	-	-	-	527.19	98.06
Current Income Taxes Payable	-1,788	655.25	353.32	196.31	60.44	46.22
Long-Term Leases	238.66	202.34	173.17	85.88	64.83	56.79
Long-Term Deferred Tax Liabilities	-	-	-	-	26.45	16.16
Other Current Liabilities	498.16	208.62	161.95	127.55	68.97	28.39
Total Liabilities	456,500	430,016	250,268	156,416	87,193	49,615
Common Stock	430	430	430	430	430	430
Retained Earnings	9,227	11,147	7,805	4,524	2,241	1,347
Comprehensive Income & Other	1,686	2,080	1,836	1,496	795.52	71.89
Shareholders' Equity	11,343	13,657	10,072	6,449	3,466	1,849
Total Liabilities & Equity	467,843	443,673	260,339	162,865	90,659	51,465
Filing Date Shares Outstanding	-	430	430	430	430	430
Total Common Shares Outstanding	-	430	430	430	430	430
Total Debt	357.48	305.6	242.26	108.34	607.38	165.17
Net Cash (Debt)	6,521	6,521	2,368	1,568	694.68	258.11
Net Cash Growth	66.73%	175.38%	51.02%	125.73%	169.15%	-50.50%
Net Cash Per Share	-	15.17	5.51	3.65	1.62	0.60
Book Value Per Share	-	31.76	23.42	15.00	8.06	4.30
Tangible Book Value	11,342	13,656	10,070	6,444	3,454	1,826
Tangible Book Value Per Share	-	31.76	23.42	14.99	8.03	4.25
Land	52.95	52.95	39.5	30.45	17.56	7.3
Machinery	177.58	176.5	131.59	109.19	98.88	89.12
Leasehold Improvements	154.81	154.17	19.41	19.41	22.12	22.26

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