IST:BFREN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	161.73	157.61	228.83	167.82	122.26	37.89
Cash & Short-Term Investments	161.73	157.61	228.83	167.82	122.26	37.89
Cash Growth	186.88%	-31.13%	36.35%	37.27%	222.64%	-7.08%
Accounts Receivable	580.59	569.91	501.22	301.61	211.46	68.63
Other Receivables	27.76	0.1	0.71	2.81	1.3	1.26
Receivables	608.35	570.02	501.93	304.42	212.76	69.9
Inventory	143.92	164.22	144.91	119.41	82.37	32.16
Prepaid Expenses	39.64	3.01	1.35	1.32	-	-
Other Current Assets	0.73	0.73	1.13	0.79	0.48	0.16
Total Current Assets	954.36	895.58	878.16	593.77	417.87	140.12
Property, Plant & Equipment	348.96	340	433.31	407.08	327.36	23.07
Other Intangible Assets	7.5	8.3	16.49	16.08	4	1.44
Long-Term Deferred Tax Assets	6.42	2.87	-	19.23	40.14	4.77
Other Long-Term Assets	0.07	-	-	-	1.01	0.14
Total Assets	1,317	1,247	1,328	1,036	790.38	169.54
Accounts Payable	375.63	242.49	394.21	246.16	291.56	44.71
Accrued Expenses	53.15	44.34	35.16	25.83	19.69	8.2
Current Portion of Long-Term Debt	-	199.04	91.65	128.42	1.69	-
Current Portion of Leases	24.39	32.59	28.6	38.81	18.51	9.17
Current Income Taxes Payable	12.72	41.22	13.88	18.3	-	3.81
Current Unearned Revenue	8	7.27	8.67	5.89	16.78	5.04
Other Current Liabilities	32.28	0.51	7.75	8.16	0.52	0.53
Total Current Liabilities	506.17	567.46	579.92	471.57	348.76	71.46
Long-Term Debt	-	-	234.81	226.64	41.44	-
Long-Term Leases	33.68	32.53	62.8	77.43	78.08	0.74
Long-Term Unearned Revenue	39.81	37.97	44.9	46.7	-	-
Pension & Post-Retirement Benefits	37.8	33.34	37.8	36.71	34.34	9.43
Long-Term Deferred Tax Liabilities	-	-	12.63	-	-	-
Total Liabilities	617.46	671.3	972.85	859.05	502.63	81.63
Common Stock	122.52	122.52	30.64	2.5	2.5	2.5
Additional Paid-In Capital	7.35	6.68	-	-	-	-
Retained Earnings	-416.77	-435.96	-544.46	-510.37	-195.7	60.98
Comprehensive Income & Other	986.74	882.21	868.93	684.98	480.95	24.43
Shareholders' Equity	699.85	575.46	355.11	177.11	287.75	87.91
Total Liabilities & Equity	1,317	1,247	1,328	1,036	790.38	169.54
Total Debt	58.06	264.16	417.86	471.3	139.73	9.91
Net Cash (Debt)	103.67	-106.55	-189.02	-303.47	-17.47	27.98
Net Cash Growth	-	-	-	-	-	-11.77%
Net Cash Per Share	1.14	-1.17	-6.17	-9.91	-0.57	0.91
Filing Date Shares Outstanding	122.52	122.52	30.64	30.64	30.64	30.64
Total Common Shares Outstanding	122.52	122.52	30.64	30.64	30.64	30.64
Working Capital	448.19	328.12	298.24	122.19	69.11	68.66
Book Value Per Share	5.71	4.70	11.59	5.78	9.39	2.87
Tangible Book Value	692.35	567.16	338.62	161.03	283.75	86.47
Tangible Book Value Per Share	5.65	4.63	11.05	5.26	9.26	2.82
Machinery	1,295	1,177	1,158	907.82	480.49	60.81
Construction In Progress	-	-	18.23	6.92	152.37	2.03