IST:BVSAN 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	22.65	135.24	242.78	170.81	130.69	22.7
Short-Term Investments	29.53	94.7	171.9	1.09	-	-
Cash & Short-Term Investments	52.18	229.95	414.68	171.9	130.69	22.7
Cash Growth	-69.62%	-44.55%	141.23%	31.54%	475.81%	645.61%
Accounts Receivable	727.19	516.47	675	545.64	195.41	80.33
Other Receivables	153.98	32.02	39.42	26.88	6.64	3.87
Receivables	881.17	548.49	714.41	572.51	202.05	84.21
Inventory	1,192	521.97	752.53	522.72	83.24	61.04
Prepaid Expenses	19.46	9.35	5.26	1.19	1.31	1.19
Other Current Assets	248.66	165.23	174.96	146.91	12.58	6.83
Total Current Assets	2,393	1,475	2,062	1,415	429.87	175.97
Property, Plant & Equipment	1,996	1,519	1,460	755.14	160.41	157.19
Other Intangible Assets	22.38	3.2	4.58	2.06	0.59	0.22
Long-Term Deferred Tax Assets	-	145.98	-	-	-	-
Long-Term Deferred Charges	202.75	74.27	25.01	41.12	-	8.58
Other Long-Term Assets	186.78	108.49	72.95	111.63	9.23	5.29
Total Assets	4,801	3,325	3,624	2,325	600.1	347.25
Accounts Payable	466.43	326.84	604.59	492.65	156.64	57.82
Accrued Expenses	104.45	65.4	56.82	34.02	9.11	7.1
Short-Term Debt	790.88	256.18	92.59	20.13	76.77	56.4
Current Portion of Long-Term Debt	0.45	11.84	42.5	5.17	12.07	29.23
Current Portion of Leases	-	0.43	0.5	0.56	0.34	-
Current Income Taxes Payable	-	4.07	32.95	11.52	-	0.99
Current Unearned Revenue	716.9	549.98	646	641.78	154.24	58.56
Other Current Liabilities	40.23	16.29	37.27	30.79	5.75	0.58
Total Current Liabilities	2,119	1,231	1,513	1,237	414.92	210.69
Long-Term Debt	0.11	0.1	17.8	-	3.13	15.06
Long-Term Leases	-	-	0.64	1.3	1.13	-
Long-Term Unearned Revenue	7.25	6.24	357.79	241.82	63.99	4.31
Pension & Post-Retirement Benefits	87.14	61.41	62.56	39.48	19.17	8.21
Long-Term Deferred Tax Liabilities	100.14	-	1.96	141.72	1.02	4.84
Other Long-Term Liabilities	-	29.39	43.96	51.33	25.8	57.01
Total Liabilities	2,314	1,328	1,998	1,712	529.15	300.12
Common Stock	37.6	37.6	37.6	30	30	12.31
Additional Paid-In Capital	594.3	473.81	473.81	-	-	-
Retained Earnings	1,206	899.05	548.89	133.74	25.61	12.24
Comprehensive Income & Other	546.64	441.49	442.85	392.75	6.68	13.4
Total Common Equity	2,385	1,852	1,503	556.49	62.29	37.95
Minority Interest	101.73	145.35	123.33	56.43	8.66	9.18
Shareholders' Equity	2,487	1,997	1,626	612.92	70.95	47.13
Total Liabilities & Equity	4,801	3,325	3,624	2,325	600.1	347.25
Total Debt	791.44	268.54	154.03	27.16	93.44	100.7
Net Cash (Debt)	-739.27	-38.6	260.65	144.74	37.25	-78
Net Cash Growth	-	-	80.08%	288.57%	-	-
Net Cash Per Share	-19.66	-1.03	6.93	4.82	1.24	-
Filing Date Shares Outstanding	37.6	37.6	37.6	37.6	30	-
Total Common Shares Outstanding	37.6	37.6	37.6	37.6	30	-
Working Capital	273.67	243.96	548.61	178.62	14.95	-34.72
Book Value Per Share	63.43	49.25	39.98	14.80	2.08	-
Tangible Book Value	2,363	1,849	1,499	554.43	61.69	37.73
Tangible Book Value Per Share	62.83	49.17	39.86	14.75	2.06	-
Land	708.94	565.21	565.21	205.23	14.77	14.77
Buildings	974.1	741.45	710.38	471.39	134.21	133.71
Machinery	632.41	496.1	448.89	242.29	30.64	16.83
Construction In Progress	0.29	12.49	0.07	10.2	-	0.32
Leasehold Improvements	-	-	-	-	0.2	0.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.