Ayen Enerji A.S. 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	342.8	680.26	514.26	3,294	243.72
Accounts Receivable	722.6	1,147	657.47	905.22	335.28
Other Receivables	360.88	764.8	1,333	463.47	17.77
Prepaid Expenses	52.41	37.02	61.47	91.84	14.83
Other Current Assets	163.03	145.73	208.51	559.88	118.5
Total Current Assets	1,642	2,775	2,774	5,314	730.1
Property, Plant & Equipment	19,389	19,485	17,635	11,805	4,156
Goodwill	-	19.16	14.64	39.51	17.46
Other Intangible Assets	0.51	1	1.37	0.63	1.31
Long-Term Investments	0.78	0.78	0.6	0.68	0.41
Long-Term Loans Receivable	-	-	497.92	230.68	167.26
Long-Term Deferred Tax Assets	9.16	2.03	279.9	92.3	70.9
Long-Term Accounts Receivable	-	-	177.16	329.18	200.69
Other Long-Term Assets	5,782	4,520	2,417	742.24	231.43
Total Assets	26,823	26,802	23,798	18,554	5,576
Accounts Payable	301.36	506.34	142.55	427.96	103.67
Accrued Expenses	126.12	191.86	150.37	1,298	38.99
Short-Term Debt	879.44	596.52	508.23	537.84	428.96
Current Portion of Long-Term Debt	960.84	983.78	1,341	993.99	530.54
Current Unearned Revenue	248.25	243.07	-	1.1	44.38
Current Portion of Leases	96.16	81.38	61.34	41.26	12.5
Current Income Taxes Payable	25.11	67.89	133.03	332.08	17.44
Other Current Liabilities	34.67	20.48	5.82	4.87	2.02
Total Current Liabilities	2,672	2,691	2,342	3,637	1,178
Long-Term Debt	4,741	5,451	5,572	4,663	2,489
Long-Term Leases	438.05	483.53	228.56	188.15	18.57
Long-Term Unearned Revenue	-	-	-	-	0.6
Pension & Post-Retirement Benefits	17.31	22.34	29.63	22.46	5.77
Long-Term Deferred Tax Liabilities	854.5	611	439.05	772.95	69.95
Other Long-Term Liabilities	-	-	0.04	0.73	0.45
Total Liabilities	8,723	9,259	8,612	9,284	3,763
Common Stock	277.5	277.5	277.5	277.5	277.5
Additional Paid-In Capital	1.19	1.19	0.91	0.63	0.23
Retained Earnings	8,534	8,776	7,081	3,795	41.32
Comprehensive Income & Other	8,528	7,773	7,163	4,566	1,331
Total Common Equity	17,341	16,828	14,522	8,639	1,650
Minority Interest	759.78	715.36	663.85	631.02	163.25
Shareholders' Equity	18,100	17,543	15,186	9,270	1,813
Total Liabilities & Equity	26,823	26,802	23,798	18,554	5,576
Total Debt	7,115	7,596	7,711	6,424	3,480
Net Cash (Debt)	-6,772	-6,916	-7,197	-3,131	-3,236
Net Cash Per Share	-24.41	-24.92	-25.94	-11.28	-11.66
Filing Date Shares Outstanding	277.5	277.5	277.5	277.5	277.5
Total Common Shares Outstanding	277.5	277.5	277.5	277.5	277.5
Working Capital	-1,030	83.28	432.13	1,677	-448.38
Book Value Per Share	62.49	60.64	52.33	31.13	5.95
Tangible Book Value	17,340	16,808	14,506	8,599	1,631
Tangible Book Value Per Share	62.49	60.57	52.27	30.99	5.88
Land	124.22	120.28	84.99	39.63	16.41
Buildings	103.54	103.54	79.1	54.79	4.38
Machinery	28,196	27,179	23,229	15,183	4,866
Construction In Progress	26.12	67.27	273.84	35.74	14.05

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