IST:BULGS Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	58.4	46.83	61.57	17.33
Short-Term Investments	0.03	-	-	-
Trading Asset Securities	-	0.07	11.78	11.44
Cash & Short-Term Investments	58.43	46.9	73.35	28.77
Cash Growth	24.59%	-36.06%	154.94%	-
Other Receivables	0.59	0.09	0.14	-
Receivables	0.59	0.09	0.14	-
Prepaid Expenses	0.02	-	0	0.53
Other Current Assets	2.23	0.82	0.09	0.33
Total Current Assets	61.27	47.8	73.59	29.63
Property, Plant & Equipment	18.9	15.07	4.88	6.87
Long-Term Investments	3,659	2,284	117.41	107.5
Other Intangible Assets	0.11	0.03	0.02	0.01
Other Long-Term Assets	0.04	0.05	0	0.01
Total Assets	3,739	2,347	195.91	144.02
Accounts Payable	0.04	0.41	0.04	0.03
Accrued Expenses	0.26	0.36	0.11	0.09
Short-Term Debt	0.07	0.08	0.02	-
Current Portion of Leases	8.06	5.16	1.28	2.35
Current Income Taxes Payable	-	0.03	0.01	0
Other Current Liabilities	0.55	-	-	0.23
Total Current Liabilities	8.99	6.04	1.46	2.7
Long-Term Leases	12.01	6.95	2.67	4.97
Total Liabilities	21.18	13.3	4.22	7.7
Common Stock	200	40	30	30
Additional Paid-In Capital	60.05	314.05	57.04	-
Retained Earnings	3,237	1,853	34.54	36.25
Comprehensive Income & Other	220.86	126.75	70.1	70.08
Shareholders' Equity	3,718	2,334	191.69	136.33
Total Liabilities & Equity	3,739	2,347	195.91	144.02
Total Debt	20.14	12.19	3.98	7.32
Net Cash (Debt)	38.29	34.71	69.37	21.45
Net Cash Growth	10.31%	-49.96%	223.44%	-
Net Cash Per Share	0.19	0.87	2.31	0.71
Filing Date Shares Outstanding	268	200	30	30
Total Common Shares Outstanding	200	40	30	30
Working Capital	52.28	41.77	72.13	26.93
Book Value Per Share	18.59	58.34	6.39	4.54
Tangible Book Value	3,718	2,334	191.67	136.32
Tangible Book Value Per Share	18.59	58.34	6.39	4.54
Machinery	4.06	1.6	0.68	0.39
Leasehold Improvements	2.19	0.05	0.04	0.04

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.