IST:BVSAN 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	96.88	187.95	135.24	242.78	170.81	130.69
Short-Term Investments	219.06	35.84	94.7	171.9	1.09	-
Cash & Short-Term Investments	315.94	223.79	229.95	414.68	171.9	130.69
Cash Growth	194.53%	-2.68%	-44.55%	141.23%	31.54%	475.81%
Accounts Receivable	744.84	896.01	516.47	675	545.64	195.41
Other Receivables	102.35	108.56	32.02	39.42	26.88	6.64
Receivables	847.2	1,005	548.49	714.41	572.51	202.05
Inventory	1,153	815.6	521.97	752.53	522.72	83.24
Prepaid Expenses	14.55	10.67	9.35	5.26	1.19	1.31
Other Current Assets	371.63	313.77	165.23	174.96	146.91	12.58
Total Current Assets	2,702	2,368	1,475	2,062	1,415	429.87
Property, Plant & Equipment	2,150	1,959	1,519	1,460	755.14	160.41
Other Intangible Assets	88.66	18.76	3.2	4.58	2.06	0.59
Long-Term Deferred Tax Assets	-	-	145.98	-	-	-
Long-Term Deferred Charges	-	52.66	74.27	25.01	41.12	-
Other Long-Term Assets	172.56	168.4	108.49	72.95	111.63	9.23
Total Assets	5,113	4,568	3,325	3,624	2,325	600.1
Accounts Payable	569.71	504.01	326.84	604.59	492.65	156.64
Accrued Expenses	98.48	91.78	65.4	56.82	34.02	9.11
Short-Term Debt	531.83	317.56	256.18	92.59	20.13	76.77
Current Portion of Long-Term Debt	20.47	20.28	11.84	42.5	5.17	12.07
Current Portion of Leases	-	-	0.43	0.5	0.56	0.34
Current Income Taxes Payable	1.17	1.17	4.07	32.95	11.52	-
Current Unearned Revenue	691.68	308.92	549.98	646	641.78	154.24
Other Current Liabilities	81.54	59.47	16.29	37.27	30.79	5.75
Total Current Liabilities	1,995	1,303	1,231	1,513	1,237	414.92
Long-Term Debt	67.48	380.52	0.1	17.8	-	3.13
Long-Term Leases	-	-	-	0.64	1.3	1.13
Long-Term Unearned Revenue	41.46	7.25	6.24	357.79	241.82	63.99
Pension & Post-Retirement Benefits	58.17	92.4	61.41	62.56	39.48	19.17
Long-Term Deferred Tax Liabilities	165.6	190.92	-	1.96	141.72	1.02
Other Long-Term Liabilities	4.96	-	29.39	43.96	51.33	25.8
Total Liabilities	2,333	1,974	1,328	1,998	1,712	529.15
Common Stock	37.6	37.6	37.6	37.6	30	30
Additional Paid-In Capital	682.45	620.19	473.81	473.81	-	-
Retained Earnings	1,270	1,253	899.05	548.89	133.74	25.61
Comprehensive Income & Other	648.26	552.82	441.49	442.85	392.75	6.68
Total Common Equity	2,638	2,464	1,852	1,503	556.49	62.29
Minority Interest	142.38	129.51	145.35	123.33	56.43	8.66
Shareholders' Equity	2,781	2,593	1,997	1,626	612.92	70.95
Total Liabilities & Equity	5,113	4,568	3,325	3,624	2,325	600.1
Total Debt	619.78	718.36	268.54	154.03	27.16	93.44
Net Cash (Debt)	-303.84	-494.57	-38.6	260.65	144.74	37.25
Net Cash Growth	-	-	-	80.08%	288.57%	-
Net Cash Per Share	-8.08	-13.15	-1.03	6.93	4.82	1.24
Filing Date Shares Outstanding	37.6	37.6	37.6	37.6	37.6	30
Total Common Shares Outstanding	37.6	37.6	37.6	37.6	37.6	30
Working Capital	707.31	1,065	243.96	548.61	178.62	14.95
Book Value Per Share	70.17	65.53	49.25	39.98	14.80	2.08
Tangible Book Value	2,550	2,445	1,849	1,499	554.43	61.69
Tangible Book Value Per Share	67.81	65.03	49.17	39.86	14.75	2.06
Land	814.09	739.81	565.21	565.21	205.23	14.77
Buildings	1,121	1,019	741.45	710.38	471.39	134.21
Machinery	759.44	664.52	496.1	448.89	242.29	30.64
Construction In Progress	0.08	0.3	12.49	0.07	10.2	-
Leasehold Improvements	-	-	-	-	-	0.2