IST:ANSGR Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,731	2,014	1,290	693.24	376.9
Other Investments	28,383	11,739	10,393	7,721	7,202
Total Investments	57,490	40,146	25,842	11,024	7,869
Cash & Equivalents	33,164	20,047	9,568	7,787	2,905
Reinsurance Recoverable	5,219	3,679	2,902	1,485	788.97
Other Receivables	22,818	13,732	11,665	5,261	3,063
Property, Plant & Equipment	550.48	473.21	272.07	187.79	123.07
Goodwill	16.25	16.25	16.25	16.25	16.25
Other Intangible Assets	288.51	174.23	84.58	107.87	142.67
Restricted Cash	875.33	4,291	1,735	1,466	272.35
Other Current Assets	7,145	5,500	3,342	1,753	849.67
Long-Term Deferred Tax Assets	385.52	809.72	707.51	147.25	77.66
Long-Term Deferred Charges	84.27	18.66	20.82	23.27	1.28
Other Long-Term Assets	656.17	381.94	226.88	155	12.65
Total Assets	128,693	89,268	56,382	29,414	16,120
Accrued Expenses	4,544	3,841	1,926	1,060	524
Insurance & Annuity Liabilities	5,164	3,616	1,850	1,149	725.92
Unpaid Claims	30,859	20,790	16,937	9,792	6,575
Unearned Premiums	43,823	30,471	19,220	10,527	4,095
Reinsurance Payable	6,526	5,165	3,464	1,693	1,166
Current Portion of Leases	16.33	48.08	19.14	10.87	4.03
Current Income Taxes Payable	1,218	917.9	228.36	102.77	-
Long-Term Leases	110.98	160.36	95.31	70.16	55.44
Other Current Liabilities	530.58	338.87	285.48	146.17	383.97
Total Liabilities	93,140	65,542	44,164	24,658	13,572
Common Stock	2,000	500	500	500	500
Retained Earnings	30,673	20,953	9,518	3,246	1,980
Comprehensive Income & Other	2,881	2,273	2,200	1,011	68.09
Shareholders' Equity	35,553	23,726	12,217	4,757	2,548
Total Liabilities & Equity	128,693	89,268	56,382	29,414	16,120
Filing Date Shares Outstanding	2,000	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	2,000	2,000	2,000	2,000	2,000
Total Debt	127.32	208.44	114.45	81.04	59.48
Net Cash (Debt)	33,037	19,838	9,454	7,706	2,845
Net Cash Growth	66.53%	109.84%	22.68%	170.87%	19.43%
Net Cash Per Share	16.52	9.92	4.73	3.85	1.42
Book Value Per Share	17.78	11.86	6.11	2.38	1.27
Tangible Book Value	35,249	23,536	12,116	4,633	2,390
Tangible Book Value Per Share	17.62	11.77	6.06	2.32	1.19
Land	165.35	115.62	80.1	-	-
Machinery	473.48	337.59	220.95	166.91	141.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.