IST:BURVA 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	7.24	8.87	33.59	38.27	3.38	2.01
Cash & Short-Term Investments	7.24	8.87	33.59	38.27	3.38	2.01
Cash Growth	-52.24%	-73.59%	-12.23%	1030.99%	68.63%	-19.35%
Accounts Receivable	23.74	22.65	3.8	33.19	16.36	6.72
Other Receivables	1.44	0.22	10.33	2.96	0.13	0.14
Receivables	25.18	22.87	14.14	36.15	16.49	6.86
Inventory	81.73	64.46	53.44	41.26	55.2	7.96
Prepaid Expenses	1.04	1.03	1.27	0.87	0.44	0.14
Other Current Assets	50.21	29.88	3.9	29.99	11.98	3.82
Total Current Assets	165.4	127.11	106.33	146.54	87.49	20.79
Property, Plant & Equipment	48.23	50.01	55.86	43.06	26.25	4.02
Other Intangible Assets	2.89	2.72	0.9	1.03	0.96	0.19
Other Long-Term Assets	0.41	0.41	0.06	0.16	0.06	0
Total Assets	216.93	180.24	163.15	190.79	114.77	25.01
Accounts Payable	44.26	21.89	5.06	4.73	8.11	2.04
Accrued Expenses	5.62	3.03	4.26	2.38	1.09	0.39
Short-Term Debt	11.54	0.03	0.09	0.14	21.87	6.56
Current Portion of Long-Term Debt	-	0.24	1.38	2.73	10.62	2.52
Current Portion of Leases	0.26	-	3.19	6.78	1.02	0.34
Current Income Taxes Payable	0.61	1.67	2.8	0.47	0.29	0.23
Current Unearned Revenue	50.86	59.95	1.56	92.87	14.19	3.62
Other Current Liabilities	0.14	0.08	0.21	0.12	0.04	0.01
Total Current Liabilities	113.29	86.88	18.55	110.23	57.25	15.71
Long-Term Debt	-	-	-	3.29	2.04	0.41
Long-Term Leases	0.43	0.5	0.62	0.56	-	0.69
Pension & Post-Retirement Benefits	2.33	2.15	2.1	1.19	4.15	1.19
Long-Term Deferred Tax Liabilities	9.7	6.48	13.4	10.47	8.16	0.3
Total Liabilities	125.74	96.01	34.67	125.74	71.59	18.29
Common Stock	7.35	7.35	7.35	7.35	7.35	7.35
Additional Paid-In Capital	-	-	-	11.6	8.04	0.51
Retained Earnings	-0.33	1.45	46.28	-89.71	-65.23	-2.43
Comprehensive Income & Other	84.17	75.44	74.84	135.81	93.03	1.28
Shareholders' Equity	91.19	84.23	128.48	65.05	43.18	6.72
Total Liabilities & Equity	216.93	180.24	163.15	190.79	114.77	25.01
Total Debt	12.23	0.77	5.27	13.51	35.56	10.51
Net Cash (Debt)	-4.99	8.1	28.32	24.77	-32.18	-8.51
Net Cash Growth	-	-71.40%	14.34%	-	-	-
Net Cash Per Share	-0.68	1.10	3.85	3.37	-4.38	-1.16
Filing Date Shares Outstanding	7.35	7.35	7.35	7.35	7.35	7.35
Total Common Shares Outstanding	7.35	7.35	7.35	7.35	7.35	7.35
Working Capital	52.11	40.23	87.78	36.31	30.25	5.08
Book Value Per Share	12.41	11.46	17.49	8.85	5.88	0.91
Tangible Book Value	88.3	81.51	127.58	64.02	42.22	6.53
Tangible Book Value Per Share	12.02	11.09	17.36	8.71	5.75	0.89
Machinery	67.48	68.5	67.9	50.17	29.33	5.11
Construction In Progress	-	-	-	-	-	0.04
Leasehold Improvements	2.62	2.38	2.38	1.82	1.23	0.11