Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret A.S. (IST:BRSAN)

IST:BRSAN Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,491	2,356	3,809	1,508	2,257	789.86
Trading Asset Securities	-	-	-	39.51	-	-
Cash & Short-Term Investments	3,491	2,356	3,809	1,548	2,257	789.86
Cash Growth	61.72%	-38.14%	146.03%	-31.41%	185.74%	-16.44%
Accounts Receivable	8,835	5,273	5,801	4,684	2,020	851.04
Other Receivables	1,407	1,556	1,044	509.66	143.42	226.12
Receivables	10,242	6,829	6,845	5,194	2,164	1,077
Inventory	20,324	13,730	17,488	6,438	3,128	1,186
Prepaid Expenses	531.7	274.6	342.07	78.95	35.43	34.62
Other Current Assets	2,273	1,422	3,417	478.59	29.61	0.17
Total Current Assets	36,861	24,612	31,901	13,737	7,613	3,088
Property, Plant & Equipment	31,282	26,824	21,255	12,552	8,091	4,512
Long-Term Investments	4,201	3,573	2,430	1,213	746.04	386.73
Other Intangible Assets	1,199	222.89	82.71	37.68	24.55	12.64
Long-Term Accounts Receivable	-	-	-	16.78	-	-
Other Long-Term Assets	254.87	207.41	249.46	41.35	1.59	40.49
Total Assets	73,798	55,439	55,917	27,598	16,476	8,039
Accounts Payable	11,228	5,604	8,626	3,799	3,195	901.65
Accrued Expenses	70.08	1,160	1,219	414.47	436.19	111.63
Short-Term Debt	8,859	8,413	5,813	6,250	2,227	1,551
Current Portion of Long-Term Debt	1,129	619.57	1,908	1,588	1,286	465.44
Current Portion of Leases	215.07	155.83	83.29	41.71	29.98	10.17
Current Income Taxes Payable	248.9	74.33	-	245.88	0.68	-
Current Unearned Revenue	6,214	1,981	6,885	73.2	42.02	1.27
Other Current Liabilities	2,367	1,004	1,190	320.59	77.59	85.51
Total Current Liabilities	30,331	19,012	25,725	12,733	7,295	3,127
Long-Term Debt	2,632	2,549	2,204	1,429	1,516	814.81
Long-Term Leases	723.59	520.01	257.79	45.01	30.08	5.89
Pension & Post-Retirement Benefits	197.16	219.89	171.81	114.8	48.69	20.97
Long-Term Deferred Tax Liabilities	2,940	2,536	1,789	1,417	934.2	521.57
Other Long-Term Liabilities	-	499.83	815.83	-	-	-
Total Liabilities	36,824	25,337	30,964	15,738	9,824	4,490
Common Stock	141.77	141.75	141.75	141.75	141.75	141.75
Retained Earnings	7,523	5,986	6,039	1,937	533.73	439.41
Comprehensive Income & Other	29,310	23,971	18,768	9,778	5,975	2,967
Total Common Equity	36,974	30,098	24,949	11,857	6,650	3,548
Minority Interest	-	3.7	4.26	2.74	1.91	1.05
Shareholders' Equity	36,974	30,102	24,953	11,860	6,652	3,549
Total Liabilities & Equity	73,798	55,439	55,917	27,598	16,476	8,039
Total Debt	13,558	12,258	10,267	9,354	5,090	2,847
Net Cash (Debt)	-10,068	-9,902	-6,458	-7,806	-2,833	-2,057
Net Cash Per Share	-	-69.85	-45.56	-55.07	-19.99	-14.51
Filing Date Shares Outstanding	-	141.75	141.75	141.75	141.75	141.75
Total Common Shares Outstanding	-	141.75	141.75	141.75	141.75	141.75
Working Capital	6,530	5,600	6,175	1,005	318.23	-39.1
Book Value Per Share	-	212.33	176.00	83.65	46.91	25.03
Tangible Book Value	35,776	29,876	24,866	11,819	6,626	3,536
Tangible Book Value Per Share	-	210.76	175.42	83.38	46.74	24.94
Land	-	5,742	4,833	3,557	1,869	1,029
Buildings	-	6,956	4,283	2,972	1,992	1,134
Machinery	-	18,589	14,220	7,502	5,284	2,747
Construction In Progress	-	1,205	2,470	564.79	37.18	48.23

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