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	95.17	1,536	82.45	407.36
Short-Term Investments	-	-	-	-	0.18
Trading Asset Securities	13.15	27.19	127.75	0.55	-
Cash & Short-Term Investments	165.55	122.36	1,664	83	407.54
Cash Growth	35.30%	-92.65%	1904.68%	-79.63%	35.60%
Accounts Receivable	1,733	1,322	294.19	113.67	169.91
Other Receivables	1,281	24.16	5.71	575.1	44.66
Receivables	3,014	1,346	299.9	688.78	214.57
Inventory	193.4	-	-	8.7	16.62
Prepaid Expenses	374.44	415.74	246.46	105.82	52.31
Other Current Assets	644.91	862.46	285.49	72.94	27.52
Total Current Assets	4,393	2,747	2,496	959.24	718.56
Property, Plant & Equipment	7,918	7,703	6,139	3,770	913.88
Long-Term Investments	-	-	-	-	0.03
Goodwill	147.21	147.21	112.46	77.9	26.23
Other Intangible Assets	60.01	91.33	93.72	81.59	24.3
Long-Term Accounts Receivable	-	3.36	3.93	4.06	-
Long-Term Deferred Tax Assets	520.57	665.73	133.26	-	57.32
Long-Term Deferred Charges	-	205.11	24.68	1.02	-
Other Long-Term Assets	89.31	109.19	52.55	36.78	15.41
Total Assets	13,128	11,672	9,055	4,931	1,756
Accounts Payable	2,593	1,308	945.03	570.7	240.04
Accrued Expenses	93.13	41.99	50.7	19.86	544.68
Short-Term Debt	3,441	1,445	800.86	691	12.37
Current Portion of Long-Term Debt	1,968	1,318	970.84	456.97	362.59
Current Portion of Leases	543.75	1,046	497.24	305.74	70.97
Current Income Taxes Payable	-	-	0.52	56.42	0.3
Current Unearned Revenue	911.66	635.69	165.41	183.06	23.35
Other Current Liabilities	33.3	30.45	45.42	13.8	25.72
Total Current Liabilities	9,583	5,825	3,476	2,298	1,280
Long-Term Debt	4,136	2,037	996.2	447.96	370.35
Long-Term Leases	398.67	464.81	379.74	352.64	101.78
Pension & Post-Retirement Benefits	1.31	1.91	1.85	0.81	1.12
Long-Term Deferred Tax Liabilities	-	-	-	166.52	-
Other Long-Term Liabilities	-	180.11	207.11	79.64	22.46
Total Liabilities	14,119	8,509	5,061	3,345	1,776
Common Stock	700	168.7	736.59	480.2	140.5
Additional Paid-In Capital	792.06	1,376	1,051	-	-
Retained Earnings	-3,075	826.44	2,209	1,106	-132.73
Treasury Stock	-244.21	-	-	-	-
Comprehensive Income & Other	836.03	792.45	-2.34	-0.14	-0.65
Total Common Equity	-991.27	3,164	3,995	1,586	7.11
Minority Interest	-	-	-	-	-27.1
Shareholders' Equity	-991.27	3,164	3,995	1,586	-19.99
Total Liabilities & Equity	13,128	11,672	9,055	4,931	1,756
Total Debt	10,487	6,311	3,645	2,254	918.06
Net Cash (Debt)	-10,322	-6,188	-1,981	-2,171	-510.51
Net Cash Per Share	-14.75	-8.84	-2.83	-3.72	-3.94
Filing Date Shares Outstanding	700	700	700	582.99	129.52
Total Common Shares Outstanding	700	700	700	582.99	129.52
Working Capital	-5,190	-3,078	-980.32	-1,338	-561.45
Book Value Per Share	-1.42	4.52	5.71	2.72	0.05
Tangible Book Value	-1,198	2,925	3,788	1,426	-43.42
Tangible Book Value Per Share	-1.71	4.18	5.41	2.45	-0.34
Machinery	-	522.07	451.9	276.26	36.23
Leasehold Improvements	55.11	57.58	32.53	-	6.66

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