IST:BAGFS 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	290.4	60.08	1,558	638.51	1,034	410.68
Short-Term Investments	13.89	13.98	10.82	12.87	3.74	4.19
Cash & Short-Term Investments	304.29	74.06	1,568	651.38	1,037	414.88
Cash Growth	141.16%	-95.28%	140.78%	-37.21%	150.04%	118.47%
Accounts Receivable	311.03	22.02	0.57	1.93	8.69	8.49
Other Receivables	90.31	70.4	98.72	14.58	5.26	5.19
Receivables	401.34	92.43	99.29	16.51	13.95	13.68
Inventory	833.51	940.19	1,823	1,512	681.82	215.14
Prepaid Expenses	156.6	44.78	47.82	8.16	3.44	6.18
Other Current Assets	589.68	399.32	507.07	4.51	2.75	29.07
Total Current Assets	2,285	1,551	4,045	2,193	1,739	678.94
Property, Plant & Equipment	8,976	7,603	7,846	1,071	946.78	761.58
Long-Term Investments	2.1	6.03	9.09	1.51	5.85	4.19
Other Intangible Assets	2.45	2.24	2.65	0.38	0.51	0.66
Long-Term Deferred Tax Assets	1,462	971.12	1,182	1,331	579.96	469.59
Other Long-Term Assets	9.73	0.06	0.09	0.11	0.13	0.06
Total Assets	12,738	10,133	13,085	4,597	3,273	1,915
Accounts Payable	117.13	144.34	328.29	184.07	509.9	256.25
Accrued Expenses	36.37	18.14	19.22	8.3	18.02	4.55
Short-Term Debt	2,035	928.04	2,049	797.84	340.13	30.2
Current Portion of Long-Term Debt	1,840	1,418	550.28	351.7	299.83	190.94
Current Portion of Leases	9.36	6.46	4.72	2.9	2.96	3.8
Current Income Taxes Payable	-	-	-	15.95	0.53	0
Current Unearned Revenue	395.43	267.71	203.01	38.03	107.47	38.49
Other Current Liabilities	27.29	28.44	37.86	46.45	492.57	14.02
Total Current Liabilities	4,461	2,811	3,192	1,445	1,771	538.25
Long-Term Debt	1,291	1,775	1,816	584.6	703.01	630.88
Long-Term Leases	52.8	54.97	82.5	55.43	58.22	60.75
Long-Term Unearned Revenue	-	-	-	77.89	72.76	35.13
Pension & Post-Retirement Benefits	24.49	12.01	9.05	24.49	11.8	9.55
Other Long-Term Liabilities	0.24	0.24	1,200	657.7	0.24	242.17
Total Liabilities	5,830	4,653	6,299	2,845	2,617	1,517
Common Stock	135	135	135	135	135	45
Additional Paid-In Capital	42.35	33.97	34.41	7.94	7.94	1.84
Retained Earnings	3,983	3,149	4,460	1,548	451.94	296.54
Comprehensive Income & Other	2,747	2,163	2,156	61.11	60.2	54.92
Shareholders' Equity	6,908	5,481	6,786	1,752	655.08	398.3
Total Liabilities & Equity	12,738	10,133	13,085	4,597	3,273	1,915
Total Debt	5,229	4,182	4,502	1,792	1,404	916.57
Net Cash (Debt)	-4,925	-4,108	-2,934	-1,141	-366.81	-501.69
Net Cash Per Share	-36.48	-30.43	-21.73	-8.45	-8.11	-11.15
Filing Date Shares Outstanding	135	135	135	135	135	45
Total Common Shares Outstanding	135	135	135	135	135	45
Working Capital	-2,176	-1,260	852.92	747.35	-32.13	140.69
Book Value Per Share	51.17	40.60	50.27	12.98	4.85	8.85
Tangible Book Value	6,905	5,478	6,783	1,751	654.56	397.64
Tangible Book Value Per Share	51.15	40.58	50.25	12.97	4.85	8.84
Land	223.45	178.15	178.15	7.05	7.05	7.05
Buildings	2,006	1,597	1,597	116.44	110.27	96.09
Machinery	19,119	15,189	14,796	1,270	1,194	978.42
Construction In Progress	1,143	865.41	785.69	201.03	89.08	81.37
Leasehold Improvements	609.3	485.77	485.77	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.