IST:ARZUM 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
Cash & Equivalents	168.61	148.4	342.8	521.19	94.54
Cash & Short-Term Investments	168.61	148.4	342.8	521.19	94.54
Cash Growth	13.62%	-56.71%	-34.23%	451.28%	217.94%
Accounts Receivable	1,077	1,519	1,553	863.19	316.41
Other Receivables	13.89	73.29	19.76	10.15	-
Receivables	1,091	1,592	1,573	873.33	316.41
Inventory	479.36	876.03	596.74	421.05	216.5
Prepaid Expenses	53.45	83.53	42.09	11.3	3.19
Other Current Assets	63.93	122.5	168.97	67.19	36.18
Total Current Assets	1,857	2,823	2,724	1,894	666.82
Property, Plant & Equipment	352.59	284.18	312.45	188.81	48.21
Other Intangible Assets	86.29	57.89	43.39	28.97	8.14
Long-Term Accounts Receivable	-	-	29.31	9.83	3.8
Long-Term Deferred Tax Assets	378.69	92.16	74.8	20.25	15.44
Long-Term Deferred Charges	-	9.43	4.17	3.65	1.08
Other Long-Term Assets	3	0.87	2.65	4.04	0.46
Total Assets	2,677	3,267	3,190	2,150	743.95
Accounts Payable	1,469	1,102	1,058	558.41	227.05
Accrued Expenses	80.17	30.48	64.63	65.71	12.97
Short-Term Debt	1,225	1,653	1,290	1,040	232.67
Current Portion of Long-Term Debt	55.96	88.84	-	-	15.01
Current Portion of Leases	-	20.89	19.96	6.77	4.61
Current Income Taxes Payable	-	-	-	-	0.47
Current Unearned Revenue	-	-	-	4.41	39.51
Other Current Liabilities	52.25	13.67	14.01	14.03	5.1
Total Current Liabilities	2,883	2,909	2,446	1,690	537.39
Long-Term Debt	45.44	38.04	-	-	20.02
Long-Term Leases	-	10.81	39.33	1.4	3.91
Pension & Post-Retirement Benefits	12.56	13.74	16.12	14.68	3.57
Other Long-Term Liabilities	11.27	11.57	10.74	8.72	3.43
Total Liabilities	2,952	2,983	2,512	1,714	568.32
Common Stock	600	32.21	32.21	32.21	32.21
Additional Paid-In Capital	402.37	305.88	305.88	211.86	18.64
Retained Earnings	-1,817	-641.39	-241.42	-201.35	119.71
Comprehensive Income & Other	539.85	587.52	581.41	392.43	5.08
Shareholders' Equity	-274.72	284.22	678.09	435.15	175.63
Total Liabilities & Equity	2,677	3,267	3,190	2,150	743.95
Total Debt	1,327	1,812	1,349	1,049	276.23
Net Cash (Debt)	-1,158	-1,663	-1,006	-527.31	-181.68
Net Cash Per Share	-	-5.54	-3.35	-1.76	-0.61
Filing Date Shares Outstanding	-	300	300	300	300
Total Common Shares Outstanding	-	300	300	300	300
Working Capital	-1,026	-86.15	277.51	204.4	129.43
Book Value Per Share	-	0.95	2.26	1.45	0.59
Tangible Book Value	-361.01	226.33	634.7	406.18	167.5
Tangible Book Value Per Share	-	0.75	2.12	1.35	0.56
Machinery	-	480.92	452.97	278.3	50.03
Construction In Progress	-	22.22	28.29	35.82	6.13
Leasehold Improvements	-	60.82	53.44	36.35	3.51

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