Borlease Otomotiv A.S. 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	Jun '25 Jun 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	113.95	72.71	1,536	82.45	407.36	295.35
Short-Term Investments	-	-	-	-	0.18	5.2
Trading Asset Securities	72.43	20.77	127.75	0.55	-	-
Cash & Short-Term Investments	186.38	93.48	1,664	83	407.54	300.55
Cash Growth	-67.38%	-94.38%	1904.68%	-79.63%	35.60%	-
Accounts Receivable	1,320	1,010	294.19	113.67	169.91	104.1
Other Receivables	32.77	18.46	5.71	575.1	44.66	35.85
Receivables	1,353	1,029	299.9	688.78	214.57	139.95
Inventory	198.19	-	-	8.7	16.62	16.58
Prepaid Expenses	438.68	317.62	246.46	105.82	52.31	54
Other Current Assets	1,173	658.91	285.49	72.94	27.52	67.5
Total Current Assets	3,349	2,099	2,496	959.24	718.56	578.57
Property, Plant & Equipment	7,869	5,885	6,139	3,770	913.88	727.41
Long-Term Investments	-	-	-	-	0.03	0.03
Goodwill	131.22	112.46	112.46	77.9	26.23	26.23
Other Intangible Assets	67.46	69.77	93.72	81.59	24.3	28.06
Long-Term Accounts Receivable	-	2.56	3.93	4.06	-	-
Long-Term Deferred Tax Assets	829.96	508.61	133.26	-	57.32	23
Long-Term Deferred Charges	225.5	156.7	24.68	1.02	-	-
Other Long-Term Assets	83.9	83.42	52.55	36.78	15.41	15.32
Total Assets	12,557	8,918	9,055	4,931	1,756	1,399
Accounts Payable	1,844	999.05	945.03	570.7	240.04	122.43
Accrued Expenses	35.2	32.08	50.7	19.86	544.68	322.28
Short-Term Debt	2,775	1,104	800.86	691	12.37	44.03
Current Portion of Long-Term Debt	1,333	1,007	970.84	456.97	362.59	269.49
Current Portion of Leases	776.44	799.29	497.24	305.74	70.97	19.33
Current Income Taxes Payable	-	-	0.52	56.42	0.3	-
Current Unearned Revenue	233.38	485.66	165.41	183.06	23.35	9.86
Other Current Liabilities	20.19	23.27	45.42	13.8	25.72	18.97
Total Current Liabilities	7,017	4,450	3,476	2,298	1,280	806.39
Long-Term Debt	3,236	1,556	996.2	447.96	370.35	554.99
Long-Term Leases	749.68	355.11	379.74	352.64	101.78	63.38
Long-Term Deferred Tax Liabilities	-	-	-	166.52	-	-
Other Long-Term Liabilities	63.87	137.61	207.11	79.64	22.46	5.62
Total Liabilities	11,068	6,501	5,061	3,345	1,776	1,431
Common Stock	168.7	736.59	736.59	480.2	140.5	30
Additional Paid-In Capital	1,227	1,051	1,051	-	-	-
Retained Earnings	-340.88	631.39	2,209	1,106	-132.73	-68.57
Comprehensive Income & Other	689.71	-2.28	-2.34	-0.14	-0.65	-0.02
Total Common Equity	1,488	2,417	3,995	1,586	7.11	-38.59
Minority Interest	-	-	-	-	-27.1	6.2
Shareholders' Equity	1,488	2,417	3,995	1,586	-19.99	-32.39
Total Liabilities & Equity	12,557	8,918	9,055	4,931	1,756	1,399
Total Debt	8,869	4,821	3,645	2,254	918.06	951.22
Net Cash (Debt)	-8,683	-4,728	-1,981	-2,171	-510.51	-650.67
Net Cash Per Share	-12.40	-6.75	-2.83	-3.72	-3.94	-5.23
Filing Date Shares Outstanding	683.69	700	700	582.99	129.52	124.48
Total Common Shares Outstanding	683.69	700	700	582.99	129.52	124.48
Working Capital	-3,668	-2,351	-980.32	-1,338	-561.45	-227.81
Book Value Per Share	2.18	3.45	5.71	2.72	0.05	-0.31
Tangible Book Value	1,289	2,235	3,788	1,426	-43.42	-92.88
Tangible Book Value Per Share	1.89	3.19	5.41	2.45	-0.34	-0.75
Machinery	89.72	459.83	451.9	276.26	36.23	42.5
Construction In Progress	-	-	-	-	-	0.06
Leasehold Improvements	51.56	43.99	32.53	-	6.66	3.11

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.