IST:ARTMS 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
Cash & Equivalents	188.4	170.51	187.96	18.16	8.92	6.72
Short-Term Investments	-	-	-	-	-	0.1
Cash & Short-Term Investments	188.4	170.51	187.96	18.16	8.92	6.82
Cash Growth	0.24%	-9.29%	935.10%	103.61%	30.81%	5.51%
Accounts Receivable	323.91	427.44	784.17	562.3	294.97	101.12
Other Receivables	14.77	14.53	11.27	35.68	24.07	3.37
Receivables	338.68	441.97	795.44	597.99	319.03	104.5
Inventory	1,666	1,335	792.66	276.44	441.48	191.4
Prepaid Expenses	112.89	47.39	0.11	4.89	1.5	0.81
Other Current Assets	52.88	104.4	64.96	154.83	76.12	9.67
Total Current Assets	2,359	2,099	1,841	1,052	847.05	313.2
Property, Plant & Equipment	966.4	894.66	597.61	551.78	329.64	131.95
Other Intangible Assets	4.37	3.16	3.2	1.84	1.1	0.23
Long-Term Accounts Receivable	-	-	1.98	8.4	-	2.11
Long-Term Deferred Tax Assets	-	-	-	-	3.45	0.93
Other Long-Term Assets	21.84	19.9	15.86	13.82	10.21	3.48
Total Assets	3,351	3,016	2,460	1,628	1,191	451.9
Accounts Payable	64.57	148.49	185.77	222.91	212.31	101.53
Accrued Expenses	19.48	11.87	14.48	16.46	6.1	3.25
Short-Term Debt	396.29	278.12	56.04	99.82	182.81	52.96
Current Portion of Long-Term Debt	14.46	-	-	302.2	25.4	64.22
Current Portion of Leases	5.61	6.58	7.45	13.3	8.8	10.78
Current Income Taxes Payable	-	18.61	35.17	2.49	-	0.08
Current Unearned Revenue	96.93	90.65	4.64	34.8	35.9	9.14
Other Current Liabilities	42.29	5.83	4.31	22.97	150.19	6.62
Total Current Liabilities	639.63	560.14	307.86	714.94	621.51	248.59
Long-Term Debt	-	3.29	3.41	10.93	10.37	18.49
Long-Term Leases	97	98.75	89.79	70.06	6.38	6.98
Long-Term Unearned Revenue	-	-	3.33	-	-	-
Pension & Post-Retirement Benefits	9.11	6.89	3.37	1.5	0.83	0.22
Long-Term Deferred Tax Liabilities	176.21	150.9	97.51	17.27	-	-
Other Long-Term Liabilities	-	-	4.66	12.72	1.73	7.86
Total Liabilities	921.95	819.98	509.93	827.42	640.83	282.13
Common Stock	70	70	70	50	50	30
Additional Paid-In Capital	842.54	765.67	765.67	-	-	-
Retained Earnings	1,098	984.98	741.39	486.63	332.63	61.19
Comprehensive Income & Other	419.2	375.87	372.8	264.08	167.99	78.58
Shareholders' Equity	2,429	2,197	1,950	800.71	550.62	169.77
Total Liabilities & Equity	3,351	3,016	2,460	1,628	1,191	451.9
Total Debt	513.36	386.74	156.7	496.31	233.77	153.43
Net Cash (Debt)	-324.95	-216.23	31.27	-478.15	-224.85	-146.61
Net Cash Per Share	-4.64	-3.09	0.45	-13.15	-5.65	-4.03
Filing Date Shares Outstanding	70	70	70	50	50	36.35
Total Common Shares Outstanding	70	70	70	50	50	36.35
Working Capital	1,719	1,539	1,533	337.36	225.54	64.62
Book Value Per Share	34.71	31.38	27.86	16.01	11.01	4.67
Tangible Book Value	2,425	2,193	1,947	798.88	549.52	169.54
Tangible Book Value Per Share	34.64	31.33	27.81	15.98	10.99	4.66
Machinery	1,039	940.09	620	485.76	336.02	129.6
Construction In Progress	-	-	43.71	0.06	-	-
Leasehold Improvements	134.42	115	71.29	40.33	27.66	4.15