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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	274.94	12.58	8.92	6.72	6.46
Short-Term Investments	-	-	-	0.1	-
Cash & Short-Term Investments	274.94	12.58	8.92	6.82	6.46
Cash Growth	-	41.03%	30.81%	5.51%	-
Accounts Receivable	319.11	389.46	294.97	101.12	111.17
Other Receivables	5.91	24.69	24.07	3.37	0.22
Receivables	325.02	414.15	319.03	104.5	111.39
Inventory	553.15	191.47	441.48	191.4	115.81
Prepaid Expenses	256.33	3.38	1.5	0.81	0.25
Other Current Assets	29.69	107.27	76.12	9.67	0.58
Total Current Assets	1,439	728.85	847.05	313.2	234.49
Property, Plant & Equipment	499.41	382.17	329.64	131.95	84.28
Other Intangible Assets	1.34	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	11.94	9.57	10.21	3.48	0.93
Total Assets	1,952	1,128	1,191	451.9	330.22
Accounts Payable	181.64	154.39	212.31	101.53	46.16
Accrued Expenses	13.01	10.68	6.1	3.25	1.94
Short-Term Debt	129.51	69.14	182.81	52.96	21.29
Current Portion of Long-Term Debt	47.92	209.31	25.4	64.22	56.55
Current Portion of Leases	-	9.21	8.8	10.78	9.09
Current Income Taxes Payable	0.81	1.73	-	0.08	0.12
Current Unearned Revenue	147.29	24.1	35.9	9.14	13.34
Other Current Liabilities	3.51	16.63	150.19	6.62	10.17
Total Current Liabilities	523.69	495.18	621.51	248.59	158.66
Long-Term Debt	100.95	7.57	10.37	18.49	46.39
Long-Term Leases	-	48.53	6.38	6.98	11.27
Long-Term Deferred Tax Liabilities	45.19	11.96	-	-	-
Other Long-Term Liabilities	9.14	8.81	1.73	7.86	5.88
Total Liabilities	680.76	573.09	640.83	282.13	222.32
Common Stock	70	50	50	30	30
Retained Earnings	458.87	337.05	332.63	61.19	42.98
Comprensive Income & Other	237.52	167.54	167.99	78.58	34.92
Shareholders' Equity	1,271	554.59	550.62	169.77	107.9
Total Liabilities & Equity	1,952	1,128	1,191	451.9	330.22
Total Debt	278.39	343.75	233.77	153.43	144.58
Net Cash (Debt)	-3.44	-331.18	-224.85	-146.61	-138.12
Net Cash Per Share	-0.05	-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	915.44	233.66	225.54	64.62	75.82
Book Value Per Share	18.16	11.09	11.01	4.67	2.97
Tangible Book Value	1,270	553.32	549.52	169.54	107.73
Tangible Book Value Per Share	18.14	11.07	10.99	4.66	2.96
Machinery	-	336.45	336.02	129.6	80.95
Construction In Progress	-	0.04	-	-	1.35
Leasehold Improvements	-	27.93	27.66	4.15	0.12

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