IST:BURCE Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	64.77	60.33	88.75	189.11	78.77	4.5
Trading Asset Securities	0.01	0.01	0.01	0.02	-	-
Cash & Short-Term Investments	64.77	60.34	88.76	189.13	78.77	4.5
Cash Growth	48.07%	-32.02%	-53.07%	140.12%	1648.67%	-57.12%
Accounts Receivable	104.57	121.57	121.33	111.83	57.52	28.04
Other Receivables	8.42	0.65	32.62	15.68	3.1	0.74
Receivables	112.99	122.22	153.95	127.52	60.62	28.78
Inventory	291.15	234.09	268.46	170.36	125.34	24.86
Prepaid Expenses	121.43	22.25	13.92	5.8	2.07	1.52
Other Current Assets	6.22	36.81	12.53	113.4	25.08	3.93
Total Current Assets	596.56	475.71	537.63	606.22	291.88	63.59
Property, Plant & Equipment	1,390	1,275	1,281	979.27	660.26	101.89
Long-Term Investments	2.76	2.65	1.51	0.67	0.31	0.11
Other Intangible Assets	145.6	112.56	77.63	49.13	27.22	6.5
Long-Term Deferred Charges	-	15.72	21.06	7.73	5.06	0.55
Other Long-Term Assets	4.33	0.55	0.29	0.26	1.69	0.04
Total Assets	2,140	1,882	1,919	1,643	986.42	172.69
Accounts Payable	122.63	117.39	148.96	110.15	68.99	22.95
Accrued Expenses	48.77	50.92	79.07	26.09	22.75	3.96
Short-Term Debt	249.6	120.11	0.11	0.21	32.61	19.07
Current Portion of Long-Term Debt	-	35.96	10.19	15.2	33.3	14.34
Current Portion of Leases	0.99	1.64	3.19	6.71	0.97	0.29
Current Income Taxes Payable	-	-	-	-	-	0.23
Current Unearned Revenue	169.95	130.5	65.76	321.55	49.22	6.32
Other Current Liabilities	13.25	16.43	40.65	4.14	5.03	0.25
Total Current Liabilities	605.19	472.95	347.93	484.04	212.86	67.42
Long-Term Debt	22.8	31.09	8.82	21.91	18.93	7.95
Long-Term Leases	-	-	-	2.03	0.56	0.66
Long-Term Unearned Revenue	-	-	-	-	0.27	0.07
Pension & Post-Retirement Benefits	29.07	30.94	27.61	23.82	54.76	15.63
Long-Term Deferred Tax Liabilities	236.01	193.25	226.88	155.07	73.61	3.89
Total Liabilities	893.07	728.24	611.24	686.87	360.99	95.63
Common Stock	84.24	84.24	84.24	8.42	8.42	8.42
Additional Paid-In Capital	-	-	-	4.67	3.23	0.21
Retained Earnings	715.74	675.06	801.71	544.48	324.01	-10.99
Comprehensive Income & Other	391.96	344.45	345.13	359.94	263.95	75.41
Total Common Equity	1,192	1,104	1,231	917.52	599.62	73.04
Minority Interest	54.51	50.36	76.81	38.89	25.81	4.02
Shareholders' Equity	1,246	1,154	1,308	956.4	625.43	77.06
Total Liabilities & Equity	2,140	1,882	1,919	1,643	986.42	172.69
Total Debt	273.39	188.8	22.31	46.06	86.37	42.31
Net Cash (Debt)	-208.61	-128.47	66.45	143.07	-7.61	-37.81
Net Cash Growth	-	-	-53.55%	-	-	-
Net Cash Per Share	-	-1.53	0.79	1.70	-0.09	-0.45
Filing Date Shares Outstanding	-	84.24	84.24	84.24	84.24	84.24
Total Common Shares Outstanding	-	84.24	84.24	84.24	84.24	84.24
Working Capital	-8.63	2.75	189.7	122.18	79.03	-3.82
Book Value Per Share	-	13.10	14.61	10.89	7.12	0.87
Tangible Book Value	1,046	991.19	1,153	868.39	572.39	66.55
Tangible Book Value Per Share	-	11.77	13.69	10.31	6.79	0.79
Land	-	790.19	790.19	603.7	418.13	64.35
Buildings	-	191.42	191.42	145.6	100.58	14.54
Machinery	-	464.4	433.34	306.51	200.6	29.84
Construction In Progress	-	1.82	5.46	31.07	0.86	0.19
Leasehold Improvements	-	-	-	1.82	1.23	0.11