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	Sep '25 Sep 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	110.42	72.71	1,536	82.45	407.36	295.35
Short-Term Investments	-	-	-	-	0.18	5.2
Trading Asset Securities	31.44	20.77	127.75	0.55	-	-
Cash & Short-Term Investments	141.86	93.48	1,664	83	407.54	300.55
Cash Growth	-58.42%	-94.38%	1904.68%	-79.63%	35.60%	-
Accounts Receivable	2,222	1,010	294.19	113.67	169.91	104.1
Other Receivables	329.31	18.46	5.71	575.1	44.66	35.85
Receivables	2,551	1,029	299.9	688.78	214.57	139.95
Inventory	1,313	-	-	8.7	16.62	16.58
Prepaid Expenses	394.02	317.62	246.46	105.82	52.31	54
Other Current Assets	1,209	658.91	285.49	72.94	27.52	67.5
Total Current Assets	5,609	2,099	2,496	959.24	718.56	578.57
Property, Plant & Equipment	7,946	5,885	6,139	3,770	913.88	727.41
Long-Term Investments	-	-	-	-	0.03	0.03
Goodwill	141.06	112.46	112.46	77.9	26.23	26.23
Other Intangible Assets	65.02	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	932.94	508.61	133.26	-	57.32	23
Long-Term Deferred Charges	182.38	156.7	24.68	1.02	-	-
Other Long-Term Assets	113.49	83.42	52.55	36.78	15.41	15.32
Total Assets	14,990	8,918	9,055	4,931	1,756	1,399
Accounts Payable	2,205	999.05	945.03	570.7	240.04	122.43
Accrued Expenses	40.77	32.08	50.7	19.86	544.68	322.28
Short-Term Debt	3,441	1,104	800.86	691	12.37	44.03
Current Portion of Long-Term Debt	1,586	1,007	970.84	456.97	362.59	269.49
Current Portion of Leases	753.56	799.29	497.24	305.74	70.97	19.33
Current Income Taxes Payable	-	-	0.52	56.42	0.3	-
Current Unearned Revenue	854.45	485.66	165.41	183.06	23.35	9.86
Other Current Liabilities	27.53	23.27	45.42	13.8	25.72	18.97
Total Current Liabilities	8,908	4,450	3,476	2,298	1,280	806.39
Long-Term Debt	4,309	1,556	996.2	447.96	370.35	554.99
Long-Term Leases	617.1	355.11	379.74	352.64	101.78	63.38
Pension & Post-Retirement Benefits	1.33	1.46	1.85	0.81	1.12	0.65
Long-Term Deferred Tax Liabilities	-	-	-	166.52	-	-
Other Long-Term Liabilities	26.99	137.61	207.11	79.64	22.46	5.62
Total Liabilities	13,862	6,501	5,061	3,345	1,776	1,431
Common Stock	700	736.59	736.59	480.2	140.5	30
Additional Paid-In Capital	759.01	1,051	1,051	-	-	-
Retained Earnings	-804.93	631.39	2,209	1,106	-132.73	-68.57
Comprehensive Income & Other	778.39	-2.28	-2.34	-0.14	-0.65	-0.02
Total Common Equity	1,128	2,417	3,995	1,586	7.11	-38.59
Minority Interest	-	-	-	-	-27.1	6.2
Shareholders' Equity	1,128	2,417	3,995	1,586	-19.99	-32.39
Total Liabilities & Equity	14,990	8,918	9,055	4,931	1,756	1,399
Total Debt	10,706	4,821	3,645	2,254	918.06	951.22
Net Cash (Debt)	-10,564	-4,728	-1,981	-2,171	-510.51	-650.67
Net Cash Per Share	-15.09	-6.75	-2.83	-3.72	-3.94	-5.23
Filing Date Shares Outstanding	694.17	700	700	582.99	129.52	124.48
Total Common Shares Outstanding	694.17	700	700	582.99	129.52	124.48
Working Capital	-3,298	-2,351	-980.32	-1,338	-561.45	-227.81
Book Value Per Share	1.63	3.45	5.71	2.72	0.05	-0.31
Tangible Book Value	922.29	2,235	3,788	1,426	-43.42	-92.88
Tangible Book Value Per Share	1.33	3.19	5.41	2.45	-0.34	-0.75
Machinery	98.83	459.83	451.9	276.26	36.23	42.5
Construction In Progress	-	-	-	-	-	0.06
Leasehold Improvements	55.95	43.99	32.53	-	6.66	3.11

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