IST:BVSAN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	187.95	135.24	242.78	170.81	130.69
Short-Term Investments	35.84	94.7	171.9	1.09	-
Cash & Short-Term Investments	223.79	229.95	414.68	171.9	130.69
Cash Growth	-2.68%	-44.55%	141.23%	31.54%	475.81%
Accounts Receivable	896.01	516.47	675	545.64	195.41
Other Receivables	108.56	32.02	39.42	26.88	6.64
Receivables	1,005	548.49	714.41	572.51	202.05
Inventory	815.6	521.97	752.53	522.72	83.24
Prepaid Expenses	10.67	9.35	5.26	1.19	1.31
Other Current Assets	313.77	165.23	174.96	146.91	12.58
Total Current Assets	2,368	1,475	2,062	1,415	429.87
Property, Plant & Equipment	1,959	1,519	1,460	755.14	160.41
Other Intangible Assets	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	168.4	108.49	72.95	111.63	9.23
Total Assets	4,568	3,325	3,624	2,325	600.1
Accounts Payable	504.01	326.84	604.59	492.65	156.64
Accrued Expenses	91.78	65.4	56.82	34.02	9.11
Short-Term Debt	317.56	256.18	92.59	20.13	76.77
Current Portion of Long-Term Debt	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	4.07	32.95	11.52	-
Current Unearned Revenue	308.92	549.98	646	641.78	154.24
Other Current Liabilities	59.47	16.29	37.27	30.79	5.75
Total Current Liabilities	1,303	1,231	1,513	1,237	414.92
Long-Term Debt	380.52	0.1	17.8	-	3.13
Long-Term Leases	-	-	0.64	1.3	1.13
Long-Term Unearned Revenue	7.25	6.24	357.79	241.82	63.99
Pension & Post-Retirement Benefits	92.4	61.41	62.56	39.48	19.17
Long-Term Deferred Tax Liabilities	190.92	-	1.96	141.72	1.02
Other Long-Term Liabilities	-	29.39	43.96	51.33	25.8
Total Liabilities	1,974	1,328	1,998	1,712	529.15
Common Stock	37.6	37.6	37.6	30	30
Additional Paid-In Capital	620.19	473.81	473.81	-	-
Retained Earnings	1,253	899.05	548.89	133.74	25.61
Comprehensive Income & Other	552.82	441.49	442.85	392.75	6.68
Total Common Equity	2,464	1,852	1,503	556.49	62.29
Minority Interest	129.51	145.35	123.33	56.43	8.66
Shareholders' Equity	2,593	1,997	1,626	612.92	70.95
Total Liabilities & Equity	4,568	3,325	3,624	2,325	600.1
Total Debt	718.36	268.54	154.03	27.16	93.44
Net Cash (Debt)	-494.57	-38.6	260.65	144.74	37.25
Net Cash Growth	-	-	80.08%	288.57%	-
Net Cash Per Share	-13.15	-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	1,065	243.96	548.61	178.62	14.95
Book Value Per Share	65.53	49.25	39.98	14.80	2.08
Tangible Book Value	2,445	1,849	1,499	554.43	61.69
Tangible Book Value Per Share	65.03	49.17	39.86	14.75	2.06
Land	739.81	565.21	565.21	205.23	14.77
Buildings	1,019	741.45	710.38	471.39	134.21
Machinery	664.52	496.1	448.89	242.29	30.64
Construction In Progress	0.3	12.49	0.07	10.2	-
Leasehold Improvements	-	-	-	-	0.2

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