IST:AYES 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	154.24	357.58	104.9	23.57	29.91
Short-Term Investments	1,195	-3.22	27.83	25.43	-
Trading Asset Securities	-	111.75	301.75	85.64	-
Cash & Short-Term Investments	1,349	466.11	434.48	134.64	29.91
Cash Growth	189.38%	7.28%	222.69%	350.21%	17.76%
Accounts Receivable	1,260	383.64	204.17	127.34	58.04
Other Receivables	233.06	133.99	139.92	65.54	1.98
Receivables	1,493	517.64	344.1	192.88	60.02
Inventory	427.92	309.99	615.36	436.51	177.26
Prepaid Expenses	225.34	7.59	2.15	3.66	0.25
Other Current Assets	54.29	250.55	677.89	59.63	14.16
Total Current Assets	3,549	1,552	2,074	827.32	281.6
Property, Plant & Equipment	2,081	1,445	427.09	269.27	36.88
Long-Term Investments	0.5	0.38	-	-	-
Other Intangible Assets	1.99	1.52	0.98	0.59	0.22
Long-Term Deferred Tax Assets	-	-	-	-	1.93
Other Long-Term Assets	126.02	65.95	87.59	39.53	2.44
Total Assets	5,759	3,065	2,590	1,137	323.07
Accounts Payable	567.57	288.76	32.29	79.64	4.78
Accrued Expenses	22.56	66.59	109.26	55.57	3.59
Short-Term Debt	811.52	512.73	1,236	288.15	116.73
Current Portion of Long-Term Debt	772.5	170.15	1.53	4.98	42.06
Current Income Taxes Payable	-	-	-	1.03	3.18
Current Unearned Revenue	207.02	185.43	459.5	261.28	56.5
Other Current Liabilities	233.92	5.19	5.19	5.05	2.56
Total Current Liabilities	2,615	1,229	1,844	695.7	229.4
Long-Term Debt	13.56	100.74	0.54	1.59	3.65
Pension & Post-Retirement Benefits	5.31	6.51	4.99	5.33	1.69
Long-Term Deferred Tax Liabilities	86.06	185.53	2.25	3.95	0.74
Total Liabilities	2,720	1,522	1,852	706.57	235.47
Common Stock	150	150	30.06	30.06	15.03
Retained Earnings	1,376	273.7	408.34	201.73	72.76
Comprehensive Income & Other	1,514	1,119	299.62	198.36	-0.19
Total Common Equity	3,040	1,543	738.02	430.14	87.6
Minority Interest	-0.98	-	-	-	-
Shareholders' Equity	3,039	1,543	738.02	430.14	87.6
Total Liabilities & Equity	5,759	3,065	2,590	1,137	323.07
Total Debt	1,598	783.62	1,238	294.71	162.45
Net Cash (Debt)	-248.73	-317.51	-803.65	-160.07	-132.54
Net Cash Per Share	-	-2.12	-5.36	-1.07	-0.88
Filing Date Shares Outstanding	-	150	150	150	150
Total Common Shares Outstanding	-	150	150	150	150
Working Capital	934.2	323.02	230.14	131.62	52.21
Book Value Per Share	-	10.29	4.92	2.87	0.58
Tangible Book Value	3,038	1,541	737.04	429.55	87.38
Tangible Book Value Per Share	-	10.28	4.91	2.86	0.58
Land	-	548.87	44.4	30.75	9.33
Buildings	-	965.08	228.12	157.57	10.37
Machinery	-	468.04	448.72	253.67	36.91
Construction In Progress	-	14.55	7.58	16.94	0.87

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