IST:BAGFS 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	184.62	78.64	1,558	638.51	1,034
Short-Term Investments	16.95	18.3	10.82	12.87	3.74
Cash & Short-Term Investments	201.57	96.94	1,568	651.38	1,037
Cash Growth	107.93%	-93.82%	140.78%	-37.21%	150.04%
Accounts Receivable	193.58	28.83	0.57	1.93	8.69
Other Receivables	16.99	92.15	98.72	14.58	5.26
Receivables	210.57	120.98	99.29	16.51	13.95
Inventory	1,235	1,231	1,823	1,512	681.82
Prepaid Expenses	180.47	58.61	47.82	8.16	3.44
Other Current Assets	485.27	522.67	507.07	4.51	2.75
Total Current Assets	2,313	2,030	4,045	2,193	1,739
Property, Plant & Equipment	9,171	9,952	7,846	1,071	946.78
Long-Term Investments	0.4	7.89	9.09	1.51	5.85
Other Intangible Assets	2.43	2.94	2.65	0.38	0.51
Long-Term Deferred Tax Assets	2,184	1,271	1,182	1,331	579.96
Other Long-Term Assets	0.06	0.08	0.09	0.11	0.13
Total Assets	13,671	13,264	13,085	4,597	3,273
Accounts Payable	141.56	188.94	328.29	184.07	509.9
Accrued Expenses	34.77	19.27	19.22	8.3	18.02
Short-Term Debt	2,641	1,215	2,049	797.84	340.13
Current Portion of Long-Term Debt	1,957	1,856	550.28	351.7	299.83
Current Portion of Leases	10.09	8.46	4.72	2.9	2.96
Current Income Taxes Payable	11.09	4.47	-	15.95	0.53
Current Unearned Revenue	275.25	350.41	203.01	38.03	107.47
Other Current Liabilities	56.4	37.22	37.86	46.45	492.57
Total Current Liabilities	5,127	3,679	3,192	1,445	1,771
Long-Term Debt	1,160	2,323	1,816	584.6	703.01
Long-Term Leases	52.32	71.95	82.5	55.43	58.22
Long-Term Unearned Revenue	-	-	-	77.89	72.76
Pension & Post-Retirement Benefits	23.66	15.72	9.05	24.49	11.8
Other Long-Term Liabilities	0.24	0.32	1,200	657.7	0.24
Total Liabilities	6,363	6,090	6,299	2,845	2,617
Common Stock	135	135	135	135	135
Additional Paid-In Capital	44.15	44.46	34.41	7.94	7.94
Retained Earnings	4,253	4,122	4,460	1,548	451.94
Comprehensive Income & Other	2,876	2,873	2,156	61.11	60.2
Shareholders' Equity	7,308	7,174	6,786	1,752	655.08
Total Liabilities & Equity	13,671	13,264	13,085	4,597	3,273
Total Debt	5,820	5,474	4,502	1,792	1,404
Net Cash (Debt)	-5,618	-5,377	-2,934	-1,141	-366.81
Net Cash Per Share	-41.62	-39.83	-21.73	-8.45	-8.11
Filing Date Shares Outstanding	135	135	135	135	135
Total Common Shares Outstanding	135	135	135	135	135
Working Capital	-2,814	-1,649	852.92	747.35	-32.13
Book Value Per Share	54.13	53.14	50.27	12.98	4.85
Tangible Book Value	7,306	7,171	6,783	1,751	654.56
Tangible Book Value Per Share	54.12	53.12	50.25	12.97	4.85
Land	233.18	233.18	178.15	7.05	7.05
Buildings	2,105	2,090	1,597	116.44	110.27
Machinery	20,137	19,881	14,796	1,270	1,194
Construction In Progress	1,029	1,133	785.69	201.03	89.08
Leasehold Improvements	635.84	635.84	485.77	-	-

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