IST:BURCE 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	Sep '25 Sep 30, 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	92.29	67.81	189.11	78.77	4.5	10.5
Trading Asset Securities	-	0.01	0.02	-	-	-
Cash & Short-Term Investments	92.29	67.81	189.13	78.77	4.5	10.5
Cash Growth	24.61%	-64.14%	140.12%	1648.67%	-57.12%	272.77%
Accounts Receivable	58.03	92.7	111.83	57.52	28.04	15.58
Other Receivables	2.89	24.92	15.68	3.1	0.74	0.13
Receivables	60.93	117.62	127.52	60.62	28.78	15.72
Inventory	215.7	205.1	170.36	125.34	24.86	19.18
Prepaid Expenses	27.4	10.64	5.8	2.07	1.52	1.51
Other Current Assets	24.14	9.57	113.4	25.08	3.93	2.93
Total Current Assets	420.46	410.74	606.22	291.88	63.59	49.85
Property, Plant & Equipment	1,225	978.68	979.27	660.26	101.89	102.19
Long-Term Investments	1.41	1.15	0.67	0.31	0.11	0.03
Other Intangible Assets	100.84	59.31	49.13	27.22	6.5	4.44
Long-Term Deferred Charges	12.94	16.09	7.73	5.06	0.55	0.78
Other Long-Term Assets	2.02	0.22	0.26	1.69	0.04	0.06
Total Assets	1,763	1,466	1,643	986.42	172.69	157.35
Accounts Payable	61.24	113.81	110.15	68.99	22.95	12.75
Accrued Expenses	41.79	60.41	26.09	22.75	3.96	3.2
Short-Term Debt	124.57	0.09	0.21	32.61	19.07	9.14
Current Portion of Long-Term Debt	39.23	7.78	15.2	33.3	14.34	17.99
Current Portion of Leases	2.53	2.44	6.71	0.97	0.29	0.07
Current Income Taxes Payable	-	-	-	-	0.23	0.12
Current Unearned Revenue	52.15	50.24	321.55	49.22	6.32	4.56
Other Current Liabilities	32.17	31.06	4.14	5.03	0.25	0.91
Total Current Liabilities	353.69	265.82	484.04	212.86	67.42	48.75
Long-Term Debt	33.21	6.74	21.91	18.93	7.95	17.15
Long-Term Leases	-	-	2.03	0.56	0.66	0.06
Long-Term Unearned Revenue	-	-	-	0.27	0.07	0.09
Pension & Post-Retirement Benefits	27.78	21.09	23.82	54.76	15.63	13.82
Long-Term Deferred Tax Liabilities	202.95	173.34	155.07	73.61	3.89	3.67
Total Liabilities	617.63	466.98	686.87	360.99	95.63	83.54
Common Stock	84.24	84.24	8.42	8.42	8.42	8.42
Additional Paid-In Capital	-	-	4.67	3.23	0.21	0.21
Retained Earnings	680.92	612.49	544.48	324.01	-10.99	-13.34
Comprehensive Income & Other	327.88	243.79	359.94	263.95	75.41	74.71
Total Common Equity	1,093	940.53	917.52	599.62	73.04	70
Minority Interest	52.15	58.68	38.89	25.81	4.02	3.81
Shareholders' Equity	1,145	999.21	956.4	625.43	77.06	73.81
Total Liabilities & Equity	1,763	1,466	1,643	986.42	172.69	157.35
Total Debt	199.54	17.04	46.06	86.37	42.31	44.42
Net Cash (Debt)	-107.25	50.77	143.07	-7.61	-37.81	-33.91
Net Cash Growth	-	-64.51%	-	-	-	-
Net Cash Per Share	-1.27	0.60	1.70	-0.09	-0.45	-0.40
Filing Date Shares Outstanding	84.24	84.24	84.24	84.24	84.24	84.24
Total Common Shares Outstanding	84.24	84.24	84.24	84.24	84.24	84.24
Working Capital	66.78	144.93	122.18	79.03	-3.82	1.11
Book Value Per Share	12.98	11.16	10.89	7.12	0.87	0.83
Tangible Book Value	992.2	881.22	868.39	572.39	66.55	65.57
Tangible Book Value Per Share	11.78	10.46	10.31	6.79	0.79	0.78
Land	757.22	603.7	603.7	418.13	64.35	64.35
Buildings	183.43	146.24	145.6	100.58	14.54	14.43
Machinery	418.39	331.07	306.51	200.6	29.84	29.66
Construction In Progress	23	4.17	31.07	0.86	0.19	0.02
Leasehold Improvements	2.28	1.82	1.82	1.23	0.11	0.11

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