Borlease Otomotiv A.S. 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	152.4	72.71	1,536	82.45	407.36
Short-Term Investments	13.15	-	-	-	0.18
Trading Asset Securities	-	20.77	127.75	0.55	-
Cash & Short-Term Investments	165.55	93.48	1,664	83	407.54
Cash Growth	77.09%	-94.38%	1904.68%	-79.63%	35.60%
Accounts Receivable	1,733	1,010	294.19	113.67	169.91
Other Receivables	1,288	18.46	5.71	575.1	44.66
Receivables	3,022	1,029	299.9	688.78	214.57
Inventory	193.4	-	-	8.7	16.62
Prepaid Expenses	789.61	317.62	246.46	105.82	52.31
Other Current Assets	222.4	658.91	285.49	72.94	27.52
Total Current Assets	4,393	2,099	2,496	959.24	718.56
Property, Plant & Equipment	7,918	5,885	6,139	3,770	913.88
Long-Term Investments	-	-	-	-	0.03
Goodwill	147.21	112.46	112.46	77.9	26.23
Other Intangible Assets	60.01	69.77	93.72	81.59	24.3
Long-Term Accounts Receivable	-	2.56	3.93	4.06	-
Long-Term Deferred Tax Assets	520.57	508.61	133.26	-	57.32
Long-Term Deferred Charges	-	156.7	24.68	1.02	-
Other Long-Term Assets	89.31	83.42	52.55	36.78	15.41
Total Assets	13,128	8,918	9,055	4,931	1,756
Accounts Payable	2,593	999.05	945.03	570.7	240.04
Accrued Expenses	35.62	32.08	50.7	19.86	544.68
Short-Term Debt	3,441	1,104	800.86	691	12.37
Current Portion of Long-Term Debt	1,968	1,007	970.84	456.97	362.59
Current Portion of Leases	543.75	799.29	497.24	305.74	70.97
Current Income Taxes Payable	-	-	0.52	56.42	0.3
Current Unearned Revenue	911.66	485.66	165.41	183.06	23.35
Other Current Liabilities	90.8	23.27	45.42	13.8	25.72
Total Current Liabilities	9,583	4,450	3,476	2,298	1,280
Long-Term Debt	3,928	1,556	996.2	447.96	370.35
Long-Term Leases	398.67	355.11	379.74	352.64	101.78
Pension & Post-Retirement Benefits	1.31	1.46	1.85	0.81	1.12
Long-Term Deferred Tax Liabilities	-	-	-	166.52	-
Other Long-Term Liabilities	208.27	137.61	207.11	79.64	22.46
Total Liabilities	14,119	6,501	5,061	3,345	1,776
Common Stock	1,548	736.59	736.59	480.2	140.5
Additional Paid-In Capital	792.06	1,051	1,051	-	-
Retained Earnings	-3,075	631.39	2,209	1,106	-132.73
Treasury Stock	-244.21	-	-	-	-
Comprehensive Income & Other	-12.13	-2.28	-2.34	-0.14	-0.65
Total Common Equity	-991.27	2,417	3,995	1,586	7.11
Minority Interest	-	-	-	-	-27.1
Shareholders' Equity	-991.27	2,417	3,995	1,586	-19.99
Total Liabilities & Equity	13,128	8,918	9,055	4,931	1,756
Total Debt	10,279	4,821	3,645	2,254	918.06
Net Cash (Debt)	-10,114	-4,728	-1,981	-2,171	-510.51
Net Cash Per Share	-	-6.75	-2.83	-3.72	-3.94
Filing Date Shares Outstanding	-	700	700	582.99	129.52
Total Common Shares Outstanding	-	700	700	582.99	129.52
Working Capital	-5,190	-2,351	-980.32	-1,338	-561.45
Book Value Per Share	-	3.45	5.71	2.72	0.05
Tangible Book Value	-1,198	2,235	3,788	1,426	-43.42
Tangible Book Value Per Share	-	3.19	5.41	2.45	-0.34
Machinery	-	459.83	451.9	276.26	36.23
Leasehold Improvements	-	43.99	32.53	-	6.66

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