IST:AYDEM 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	23,397	1,745	2,012	2,132	1,526	145.53
Short-Term Investments	26.09	858.51	-	-	-	-
Accounts Receivable	1,994	3,162	2,889	2,149	147.84	54.94
Other Receivables	151.97	154.89	946.93	107.78	22.23	95.64
Inventory	26.7	20.41	30.42	20.83	8.56	8.35
Prepaid Expenses	95.88	31.63	11.54	6.68	22.77	14.06
Other Current Assets	194.05	845.94	951.49	623.83	13.5	6.81
Total Current Assets	25,886	6,818	6,841	5,040	1,740	325.32
Property, Plant & Equipment	57,082	46,889	70,548	52,249	20,316	11,825
Other Intangible Assets	2,929	2,384	2,449	1,738	299	304.15
Other Long-Term Assets	399.74	330.5	446.14	761.23	175.56	15.97
Total Assets	86,297	56,422	80,284	59,788	22,531	12,471
Accounts Payable	122.11	178.31	492.07	213.42	58.82	40.09
Accrued Expenses	215.29	150.87	170.88	612.26	28.13	15.51
Short-Term Debt	-	-	-	-	-	8.08
Current Portion of Long-Term Debt	25,217	6,338	2,159	1,657	763.82	742.3
Current Unearned Revenue	-	-	-	-	-	2.88
Current Portion of Leases	20.3	32.23	24	8.96	4.73	5.16
Current Income Taxes Payable	108.51	108.25	142.38	120.24	6.44	11.18
Other Current Liabilities	22.2	15.86	24.92	20.95	14.69	82.27
Total Current Liabilities	25,706	6,823	3,013	2,633	876.63	907.47
Long-Term Debt	19,376	17,959	26,860	20,071	9,293	4,187
Long-Term Leases	37.21	42.31	54.67	41.42	25.14	11.22
Pension & Post-Retirement Benefits	182.43	88.5	98.99	57.25	11.54	8.12
Long-Term Deferred Tax Liabilities	5,446	4,144	8,863	7,596	2,485	1,400
Other Long-Term Liabilities	-161.29	-	72.77	66.26	37.09	64.06
Total Liabilities	50,586	29,056	38,962	30,466	12,728	6,578
Common Stock	705	705	705	705	705	700
Additional Paid-In Capital	955.38	761.69	761.69	527.56	91.42	51.32
Retained Earnings	46,905	37,136	49,173	35,286	-1,222	-1,339
Treasury Stock	-212.22	-169.19	-172.52	-	-	-
Comprehensive Income & Other	-12,642	-11,069	-9,145	-7,196	10,228	6,481
Total Common Equity	35,711	27,365	41,322	29,322	9,803	5,893
Shareholders' Equity	35,711	27,365	41,322	29,322	9,803	5,893
Total Liabilities & Equity	86,297	56,422	80,284	59,788	22,531	12,471
Total Debt	44,651	24,371	29,097	21,779	10,086	4,953
Net Cash (Debt)	-21,227	-21,768	-27,085	-19,648	-8,561	-4,808
Net Cash Per Share	-30.37	-31.15	-38.65	-28.03	-12.17	-6.87
Filing Date Shares Outstanding	705.51	698.89	698.89	699.27	705	700
Total Common Shares Outstanding	705.51	698.89	698.89	699.27	705	700
Working Capital	180.27	-5.68	3,828	2,406	863.85	-582.15
Book Value Per Share	50.62	39.15	59.13	41.93	13.91	8.42
Tangible Book Value	32,782	24,981	38,873	27,584	9,504	5,589
Tangible Book Value Per Share	46.46	35.74	55.62	39.45	13.48	7.98
Land	63.59	50.7	50.7	35.11	13.02	12.98
Machinery	84,508	66,473	97,842	71,191	27,629	15,095
Construction In Progress	1,356	1,823	1,798	1,375	214.36	123.11

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