ARTMS Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	200.41	12.58	8.92	6.72	6.46
Short-Term Investments	-	-	-	0.1	-
Cash & Short-Term Investments	214.72	12.58	8.92	6.82	6.46
Cash Growth	797.93%	41.03%	30.81%	5.51%	-
Accounts Receivable	335.73	389.46	294.97	101.12	111.17
Other Receivables	29.07	24.69	24.07	3.37	0.22
Receivables	364.8	414.15	319.03	104.5	111.39
Inventory	602.67	191.47	441.48	191.4	115.81
Prepaid Expenses	1.31	3.38	1.5	0.81	0.25
Other Current Assets	235.14	107.27	76.12	9.67	0.58
Total Current Assets	1,419	728.85	847.05	313.2	234.49
Property, Plant & Equipment	547.11	382.17	329.64	131.95	84.28
Other Intangible Assets	1.31	1.27	1.1	0.23	0.17
Long-Term Accounts Receivable	-	5.82	-	2.11	3.21
Long-Term Deferred Tax Assets	-	-	3.45	0.93	7.15
Other Long-Term Assets	13	9.57	10.21	3.48	0.93
Total Assets	1,980	1,128	1,191	451.9	330.22
Accounts Payable	176.42	154.39	212.31	101.53	46.16
Accrued Expenses	12.28	10.68	6.1	3.25	1.94
Short-Term Debt	119.3	69.14	182.81	52.96	21.29
Current Portion of Long-Term Debt	2.86	209.31	25.4	64.22	56.55
Current Portion of Leases	5.68	9.21	8.8	10.78	9.09
Current Income Taxes Payable	3.53	1.73	-	0.08	0.12
Current Unearned Revenue	61.88	24.1	35.9	9.14	13.34
Other Current Liabilities	1.74	16.63	150.19	6.62	10.17
Total Current Liabilities	383.71	495.18	621.51	248.59	158.66
Long-Term Debt	25.6	7.57	10.37	18.49	46.39
Long-Term Leases	69.95	48.53	6.38	6.98	11.27
Long-Term Deferred Tax Liabilities	66.98	11.96	-	-	-
Other Long-Term Liabilities	10.65	8.81	1.73	7.86	5.88
Total Liabilities	559.16	573.09	640.83	282.13	222.32
Common Stock	70	50	50	30	30
Retained Earnings	552.65	337.05	332.63	61.19	42.98
Comprehensive Income & Other	248.56	167.54	167.99	78.58	34.92
Shareholders' Equity	1,421	554.59	550.62	169.77	107.9
Total Liabilities & Equity	1,980	1,128	1,191	451.9	330.22
Total Debt	223.4	343.75	233.77	153.43	144.58
Net Cash (Debt)	-8.69	-331.18	-224.85	-146.61	-138.12
Net Cash Per Share	-0.14	-8.32	-5.65	-4.03	-3.80
Filing Date Shares Outstanding	70	50	50	36.35	36.35
Total Common Shares Outstanding	70	50	50	36.35	36.35
Working Capital	1,035	233.66	225.54	64.62	75.82
Book Value Per Share	20.30	11.09	11.01	4.67	2.97
Tangible Book Value	1,420	553.32	549.52	169.54	107.73
Tangible Book Value Per Share	20.28	11.07	10.99	4.66	2.96
Machinery	458.59	336.45	336.02	129.6	80.95
Construction In Progress	16.48	0.04	-	-	1.35
Leasehold Improvements	37.95	27.93	27.66	4.15	0.12

Source: S&P Capital IQ. Standard template. Financial Sources.