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	Mar '25 Mar 31, 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	197.43	72.71	1,536	82.45	407.36	295.35
Short-Term Investments	-	-	-	-	0.18	5.2
Trading Asset Securities	24.81	20.77	127.75	0.55	-	-
Cash & Short-Term Investments	222.24	93.48	1,664	83	407.54	300.55
Cash Growth	-70.58%	-94.38%	1904.68%	-79.63%	35.60%	-
Accounts Receivable	616.16	1,010	294.19	113.67	169.91	104.1
Other Receivables	21.16	18.46	5.71	575.1	44.66	35.85
Receivables	637.33	1,029	299.9	688.78	214.57	139.95
Inventory	-	-	-	8.7	16.62	16.58
Prepaid Expenses	517.94	317.62	246.46	105.82	52.31	54
Other Current Assets	353.98	658.91	285.49	72.94	27.52	67.5
Total Current Assets	1,731	2,099	2,496	959.24	718.56	578.57
Property, Plant & Equipment	6,883	5,885	6,139	3,770	913.88	727.41
Long-Term Investments	-	-	-	-	0.03	0.03
Goodwill	123.78	112.46	112.46	77.9	26.23	26.23
Other Intangible Assets	70.21	69.77	93.72	81.59	24.3	28.06
Long-Term Accounts Receivable	2.56	2.56	3.93	4.06	-	-
Long-Term Deferred Tax Assets	616.96	508.61	133.26	-	57.32	23
Long-Term Deferred Charges	267.73	156.7	24.68	1.02	-	-
Other Long-Term Assets	72.13	83.42	52.55	36.78	15.41	15.32
Total Assets	9,768	8,918	9,055	4,931	1,756	1,399
Accounts Payable	1,331	999.05	945.03	570.7	240.04	122.43
Accrued Expenses	42.5	32.08	50.7	19.86	544.68	322.28
Short-Term Debt	1,696	1,104	800.86	691	12.37	44.03
Current Portion of Long-Term Debt	1,152	1,007	970.84	456.97	362.59	269.49
Current Portion of Leases	532.55	799.29	497.24	305.74	70.97	19.33
Current Income Taxes Payable	-	-	0.52	56.42	0.3	-
Current Unearned Revenue	167.74	485.66	165.41	183.06	23.35	9.86
Other Current Liabilities	21.51	23.27	45.42	13.8	25.72	18.97
Total Current Liabilities	4,943	4,450	3,476	2,298	1,280	806.39
Long-Term Debt	1,879	1,556	996.2	447.96	370.35	554.99
Long-Term Leases	580.81	355.11	379.74	352.64	101.78	63.38
Long-Term Deferred Tax Liabilities	-	-	-	166.52	-	-
Other Long-Term Liabilities	95.93	137.61	207.11	79.64	22.46	5.62
Total Liabilities	7,500	6,501	5,061	3,345	1,776	1,431
Common Stock	810.71	736.59	736.59	480.2	140.5	30
Additional Paid-In Capital	1,157	1,051	1,051	-	-	-
Retained Earnings	298.71	631.39	2,209	1,106	-132.73	-68.57
Comprehensive Income & Other	0.82	-2.28	-2.34	-0.14	-0.65	-0.02
Total Common Equity	2,267	2,417	3,995	1,586	7.11	-38.59
Minority Interest	-	-	-	-	-27.1	6.2
Shareholders' Equity	2,267	2,417	3,995	1,586	-19.99	-32.39
Total Liabilities & Equity	9,768	8,918	9,055	4,931	1,756	1,399
Total Debt	5,840	4,821	3,645	2,254	918.06	951.22
Net Cash (Debt)	-5,617	-4,728	-1,981	-2,171	-510.51	-650.67
Net Cash Per Share	-33.30	-28.03	-11.74	-15.45	-16.36	-21.69
Filing Date Shares Outstanding	168.7	168.7	168.7	140.5	31.21	30
Total Common Shares Outstanding	168.7	168.7	168.7	140.5	31.21	30
Working Capital	-3,211	-2,351	-980.32	-1,338	-561.45	-227.81
Book Value Per Share	13.44	14.33	23.68	11.29	0.23	-1.29
Tangible Book Value	2,073	2,235	3,788	1,426	-43.42	-92.88
Tangible Book Value Per Share	12.29	13.25	22.46	10.15	-1.39	-3.10
Machinery	516.97	459.83	451.9	276.26	36.23	42.5
Construction In Progress	-	-	-	-	-	0.06
Leasehold Improvements	48.48	43.99	32.53	-	6.66	3.11

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.