IST:ARMGD 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,061	530.64	601.01	662.93	208.6
Cash & Short-Term Investments	1,061	530.64	601.01	662.93	208.6
Cash Growth	52.28%	-11.71%	-9.34%	217.80%	-
Accounts Receivable	1,514	1,044	800.58	1,029	949.69
Other Receivables	314.54	2,228	56.84	68.08	29.55
Receivables	1,829	3,272	857.42	1,097	979.24
Inventory	4,862	3,085	2,134	1,700	2,009
Prepaid Expenses	794.61	212.52	242.12	7.99	7.26
Other Current Assets	87.2	44.87	5.36	114.31	145.84
Total Current Assets	8,633	7,145	3,839	3,582	3,350
Property, Plant & Equipment	4,470	2,948	2,380	1,786	1,175
Other Intangible Assets	7.09	4.79	2.86	0.47	0.58
Long-Term Deferred Tax Assets	-	-	16.85	81.09	58.01
Other Long-Term Assets	0.36	0.28	0.35	1.64	4.04
Total Assets	13,111	10,098	6,240	5,451	4,588
Accounts Payable	747.22	482.49	403.49	503.25	770.37
Accrued Expenses	70.04	69.56	389.41	90.28	16.44
Short-Term Debt	3,758	3,079	1,725	2,413	2,069
Current Portion of Long-Term Debt	367.71	303.76	230.4	104.96	93.49
Current Portion of Leases	121.88	32.02	63.8	66.37	46.53
Current Income Taxes Payable	15.11	18.31	14.91	6.72	-
Current Unearned Revenue	330.32	592.56	651.02	153.95	112.03
Other Current Liabilities	12.66	10.1	13.32	9.15	14.9
Total Current Liabilities	5,423	4,588	3,491	3,348	3,123
Long-Term Debt	1,091	1,136	945.08	612.44	100.09
Long-Term Leases	265.86	20.75	38.73	75.99	70.7
Long-Term Unearned Revenue	1.66	5.84	0.89	2.19	-
Pension & Post-Retirement Benefits	12.23	2.48	3.39	1.79	2.31
Long-Term Deferred Tax Liabilities	575.85	140.31	-	-	-
Total Liabilities	7,370	5,894	4,479	4,040	3,296
Common Stock	263.98	263.98	219.98	97.02	97.02
Additional Paid-In Capital	2,048	1,633	-	-	-
Retained Earnings	2,346	1,413	604.52	514.73	495.79
Comprehensive Income & Other	1,081	891.27	933.56	799.22	698.75
Total Common Equity	5,739	4,201	1,758	1,411	1,292
Minority Interest	1.45	2.78	2.24	-	-
Shareholders' Equity	5,741	4,204	1,760	1,411	1,292
Total Liabilities & Equity	13,111	10,098	6,240	5,451	4,588
Total Debt	5,605	4,572	3,003	3,273	2,380
Net Cash (Debt)	-4,545	-4,042	-2,402	-2,610	-2,172
Net Cash Per Share	-18.01	-18.34	-10.92	-	-
Filing Date Shares Outstanding	263.98	263.98	219.98	-	-
Total Common Shares Outstanding	263.98	263.98	219.98	-	-
Working Capital	3,210	2,557	348.07	234.48	226.84
Book Value Per Share	21.74	15.92	7.99	-	-
Tangible Book Value	5,732	4,197	1,755	1,411	1,291
Tangible Book Value Per Share	21.71	15.90	7.98	-	-
Land	1,547	1,233	1,061	829.71	390.09
Buildings	668.85	533.25	501.33	410.36	343.91
Machinery	1,506	850.63	790	117.21	469.13
Construction In Progress	1,161	569.96	197.24	0.25	64.76
Leasehold Improvements	0.37	0.29	0.29	0.28	0.28

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.