Bagfas Bandirma Gubre Fabrikalari A.S. (IST:BAGFS)

IST:BAGFS Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	148.41	60.08	1,558	638.51	1,034	410.68
Short-Term Investments	12.81	13.98	10.82	12.87	3.74	4.19
Cash & Short-Term Investments	161.22	74.06	1,568	651.38	1,037	414.88
Cash Growth	-75.95%	-95.28%	140.78%	-37.21%	150.04%	118.47%
Accounts Receivable	91.75	22.02	0.57	1.93	8.69	8.49
Other Receivables	75.34	70.4	98.72	14.58	5.26	5.19
Receivables	167.09	92.43	99.29	16.51	13.95	13.68
Inventory	933.25	940.19	1,823	1,512	681.82	215.14
Prepaid Expenses	48.98	44.78	47.82	8.16	3.44	6.18
Other Current Assets	478.41	399.32	507.07	4.51	2.75	29.07
Total Current Assets	1,789	1,551	4,045	2,193	1,739	678.94
Property, Plant & Equipment	8,224	7,603	7,846	1,071	946.78	761.58
Long-Term Investments	1.58	6.03	9.09	1.51	5.85	4.19
Other Intangible Assets	2.36	2.24	2.65	0.38	0.51	0.66
Long-Term Deferred Tax Assets	1,526	971.12	1,182	1,331	579.96	469.59
Other Long-Term Assets	0.06	0.06	0.09	0.11	0.13	0.06
Total Assets	11,543	10,133	13,085	4,597	3,273	1,915
Accounts Payable	196.46	144.34	328.29	184.07	509.9	256.25
Accrued Expenses	39.81	18.14	19.22	8.3	18.02	4.55
Short-Term Debt	1,125	928.04	2,049	797.84	340.13	30.2
Current Portion of Long-Term Debt	1,559	1,418	550.28	351.7	299.83	190.94
Current Portion of Leases	8.06	6.46	4.72	2.9	2.96	3.8
Current Income Taxes Payable	-	-	-	15.95	0.53	0
Current Unearned Revenue	373.65	267.71	203.01	38.03	107.47	38.49
Other Current Liabilities	24.07	28.44	37.86	46.45	492.57	14.02
Total Current Liabilities	3,326	2,811	3,192	1,445	1,771	538.25
Long-Term Debt	1,713	1,775	1,816	584.6	703.01	630.88
Long-Term Leases	53.75	54.97	82.5	55.43	58.22	60.75
Long-Term Unearned Revenue	-	-	-	77.89	72.76	35.13
Other Long-Term Liabilities	0.24	0.24	1,200	657.7	0.24	242.17
Total Liabilities	5,117	4,653	6,299	2,845	2,617	1,517
Common Stock	135	135	135	135	135	45
Additional Paid-In Capital	37.29	33.97	34.41	7.94	7.94	1.84
Retained Earnings	3,856	3,149	4,460	1,548	451.94	296.54
Comprehensive Income & Other	2,393	2,163	2,156	61.11	60.2	54.92
Shareholders' Equity	6,426	5,481	6,786	1,752	655.08	398.3
Total Liabilities & Equity	11,543	10,133	13,085	4,597	3,273	1,915
Total Debt	4,459	4,182	4,502	1,792	1,404	916.57
Net Cash (Debt)	-4,298	-4,108	-2,934	-1,141	-366.81	-501.69
Net Cash Per Share	-31.84	-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	-1,537	-1,260	852.92	747.35	-32.13	140.69
Book Value Per Share	47.56	40.60	50.27	12.98	4.85	8.85
Tangible Book Value	6,419	5,478	6,783	1,751	654.56	397.64
Tangible Book Value Per Share	47.55	40.58	50.25	12.97	4.85	8.84
Land	196.07	178.15	178.15	7.05	7.05	7.05
Buildings	1,760	1,597	1,597	116.44	110.27	96.09
Machinery	16,741	15,189	14,796	1,270	1,194	978.42
Construction In Progress	997.39	865.41	785.69	201.03	89.08	81.37
Leasehold Improvements	534.65	485.77	485.77	-	-	-

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