IST:AYES 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	Jun '25 Jun 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	118.59	357.58	104.9	23.57	29.91	25.4
Short-Term Investments	-	-3.22	27.83	25.43	-	-
Trading Asset Securities	335.25	111.75	301.75	85.64	-	-
Cash & Short-Term Investments	453.84	466.11	434.48	134.64	29.91	25.4
Cash Growth	-57.31%	7.28%	222.69%	350.21%	17.76%	55.66%
Accounts Receivable	801.38	383.64	204.17	127.34	58.04	24.56
Other Receivables	184.54	133.99	139.92	65.54	1.98	0.08
Receivables	985.91	517.64	344.1	192.88	60.02	24.64
Inventory	436.22	309.99	615.36	436.51	177.26	84.03
Prepaid Expenses	163.02	7.59	2.15	3.66	0.25	1.37
Other Current Assets	59	250.55	677.89	59.63	14.16	2.32
Total Current Assets	2,098	1,552	2,074	827.32	281.6	137.76
Property, Plant & Equipment	1,727	1,445	427.09	269.27	36.88	27.32
Long-Term Investments	0.54	0.38	-	-	-	-
Other Intangible Assets	1.95	1.52	0.98	0.59	0.22	0.07
Long-Term Deferred Tax Assets	-	-	-	-	1.93	1.55
Other Long-Term Assets	86.98	65.95	87.59	39.53	2.44	4.37
Total Assets	3,914	3,065	2,590	1,137	323.07	171.08
Accounts Payable	577.35	288.76	32.29	79.64	4.78	2.98
Accrued Expenses	19.81	66.59	109.26	55.57	3.59	1.48
Short-Term Debt	822.16	512.73	1,236	288.15	116.73	53.04
Current Portion of Long-Term Debt	70.87	170.15	1.53	4.98	42.06	6.09
Current Portion of Leases	-	-	-	-	-	1.51
Current Income Taxes Payable	-	-	-	1.03	3.18	1.71
Current Unearned Revenue	371.49	185.43	459.5	261.28	56.5	13.16
Other Current Liabilities	1.82	5.19	5.19	5.05	2.56	2.75
Total Current Liabilities	1,864	1,229	1,844	695.7	229.4	82.72
Long-Term Debt	157.56	100.74	0.54	1.59	3.65	31.93
Pension & Post-Retirement Benefits	17.68	6.51	4.99	5.33	1.69	0.87
Long-Term Deferred Tax Liabilities	202.22	185.53	2.25	3.95	0.74	0.88
Total Liabilities	2,241	1,522	1,852	706.57	235.47	116.4
Common Stock	150	150	30.06	30.06	15.03	15.03
Retained Earnings	196.36	273.7	408.34	201.73	72.76	39.33
Comprehensive Income & Other	1,327	1,119	299.62	198.36	-0.19	0.32
Shareholders' Equity	1,673	1,543	738.02	430.14	87.6	54.67
Total Liabilities & Equity	3,914	3,065	2,590	1,137	323.07	171.08
Total Debt	1,051	783.62	1,238	294.71	162.45	92.57
Net Cash (Debt)	-596.75	-317.51	-803.65	-160.07	-132.54	-67.18
Net Cash Per Share	-3.98	-2.12	-5.36	-1.07	-0.88	-0.45
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Working Capital	234.5	323.02	230.14	131.62	52.21	55.04
Book Value Per Share	11.16	10.29	4.92	2.87	0.58	0.36
Tangible Book Value	1,672	1,541	737.04	429.55	87.38	54.6
Tangible Book Value Per Share	11.14	10.28	4.91	2.86	0.58	0.36
Land	640.38	548.87	44.4	30.75	9.33	3.25
Buildings	1,127	965.08	228.12	157.57	10.37	9.88
Machinery	553.37	468.04	448.72	253.67	36.91	23.43
Construction In Progress	68.4	14.55	7.58	16.94	0.87	1.14

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