IST:BIGEN 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	310.84	86.99	176.25	40.55	44.56
Short-Term Investments	0.34	-	-	-	-
Accounts Receivable	101.42	66.38	57.72	13.2	3.15
Other Receivables	16.52	18.11	0.32	0.43	4.64
Inventory	-	5.21	3.94	2.34	1.34
Prepaid Expenses	5.09	7.02	1.8	0.8	0.24
Loans Receivable Current	-	3.05	5.7	-	-
Other Current Assets	97.14	131.76	28.07	60.67	27.22
Total Current Assets	531.35	318.51	273.8	117.99	81.16
Property, Plant & Equipment	5,999	4,811	3,495	1,454	1,041
Other Intangible Assets	420.67	353.44	301.84	134.71	68.94
Long-Term Deferred Tax Assets	8.47	19.78	0.38	0.33	0.33
Other Long-Term Assets	39.63	7.07	1.48	4.39	23.5
Total Assets	6,999	5,510	4,072	1,711	1,215
Accounts Payable	70.95	138.01	26.79	34.86	31.96
Accrued Expenses	45.03	94.84	53.89	2.6	0.22
Short-Term Debt	-	-	55.9	0.54	6.8
Current Portion of Long-Term Debt	765.04	687.16	561.11	166.98	79.65
Current Unearned Revenue	7.82	7.57	11.24	4.55	4.59
Current Income Taxes Payable	2.18	6.07	7.86	3.55	-
Other Current Liabilities	213.77	267.04	218.52	592.29	345.29
Total Current Liabilities	1,105	1,201	935.32	805.37	468.51
Long-Term Debt	2,596	2,220	1,633	584.36	514.21
Pension & Post-Retirement Benefits	1.67	0.59	0.34	0.11	0.03
Long-Term Deferred Tax Liabilities	-	0.78	2.92	80.03	55.86
Total Liabilities	3,702	3,422	2,571	1,470	1,039
Common Stock	577	500	500	140	6
Additional Paid-In Capital	820.22	-	-	-	-
Retained Earnings	1,073	1,332	1,008	326.93	116.94
Comprehensive Income & Other	826.39	256.19	-52.94	-225.8	53.45
Total Common Equity	3,297	2,088	1,455	241.12	176.39
Minority Interest	-	-	45.3	-	-
Shareholders' Equity	3,297	2,088	1,501	241.12	176.39
Total Liabilities & Equity	6,999	5,510	4,072	1,711	1,215
Total Debt	3,361	2,907	2,250	751.88	600.66
Net Cash (Debt)	-3,050	-2,820	-2,074	-711.32	-556.1
Net Cash Per Share	-5.34	-5.64	-13.66	-13.81	-92.68
Filing Date Shares Outstanding	500	500	500	51.52	6
Total Common Shares Outstanding	500	500	500	51.52	6
Working Capital	-573.45	-882.18	-661.51	-687.38	-387.35
Book Value Per Share	6.59	4.18	2.91	4.68	29.40
Tangible Book Value	2,876	1,735	1,154	106.41	107.45
Tangible Book Value Per Share	5.75	3.47	2.31	2.07	17.91
Land	106.31	59.89	50.05	138.3	90.94
Machinery	7,815	5,079	4,240	1,420	982.57
Construction In Progress	5.74	830.8	1.89	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.