Çan2 Termik A.S. 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	509.36	205.99	161.99	345.12	23.55
Accounts Receivable	1,248	2,443	3,211	1,508	155.2
Other Receivables	267.44	1,983	613.34	555.9	105.53
Inventory	2,308	2,105	1,824	981.83	222.08
Prepaid Expenses	82.84	67.43	63.69	40.56	9.54
Other Current Assets	216.22	186.95	249.78	136.29	25.61
Total Current Assets	4,631	6,991	6,124	3,567	541.51
Property, Plant & Equipment	22,472	22,572	17,145	11,990	4,925
Other Intangible Assets	76.46	61.26	40.86	16.6	30.71
Long-Term Deferred Tax Assets	1,156	1,701	2,033	1,329	-
Long-Term Deferred Charges	740.95	748.99	181.03	106.09	-
Long-Term Accounts Receivable	1,809	1,656	-	-	-
Other Long-Term Assets	43.19	79.64	122.53	80.71	55.96
Total Assets	30,928	33,811	25,646	17,089	5,553
Accounts Payable	990.37	1,275	693.74	383.17	204.27
Accrued Expenses	180.47	182.83	321.5	853.29	64.25
Short-Term Debt	572.73	3.56	11.28	1.43	84.75
Current Portion of Long-Term Debt	52.94	72.83	9.73	484.13	543.25
Current Unearned Revenue	2.68	2,218	0.01	9.28	61.1
Current Portion of Leases	52.49	9.31	6.61	1.42	0.42
Current Income Taxes Payable	5.4	159.82	0.17	46.9	-
Other Current Liabilities	227.42	261.01	136.29	264.98	123.93
Total Current Liabilities	2,084	4,182	1,179	2,045	1,082
Long-Term Debt	12.28	15.18	-	3,182	1,671
Long-Term Leases	-	6.38	3.12	0.97	1.14
Pension & Post-Retirement Benefits	25.79	11.77	9.47	5.12	1.32
Long-Term Deferred Tax Liabilities	19.27	33.25	57.2	29.49	175.08
Other Long-Term Liabilities	20.11	53.74	101.04	3.9	7.43
Total Liabilities	2,162	4,302	1,350	5,266	2,937
Common Stock	7,000	7,000	938.12	320	320
Additional Paid-In Capital	398.54	398.54	4,561	647.36	185.33
Retained Earnings	14,996	16,547	16,111	10,995	-293.75
Comprehensive Income & Other	5,540	5,471	2,687	-139.71	2,404
Total Common Equity	27,934	29,417	24,296	11,823	2,616
Minority Interest	832.31	91.36	-	-	-
Shareholders' Equity	28,767	29,509	24,296	11,823	2,616
Total Liabilities & Equity	30,928	33,811	25,646	17,089	5,553
Total Debt	690.43	107.25	30.72	3,670	2,300
Net Cash (Debt)	-181.08	98.74	131.27	-3,325	-2,277
Net Cash Growth	-	-24.78%	-	-	-
Net Cash Per Share	-0.03	0.03	0.02	-0.56	-0.41
Filing Date Shares Outstanding	7,000	7,000	7,000	5,969	5,969
Total Common Shares Outstanding	7,000	7,000	7,000	5,969	5,969
Working Capital	2,547	2,810	4,945	1,523	-540.47
Book Value Per Share	3.99	4.20	3.47	1.98	0.44
Tangible Book Value	27,858	29,356	24,255	11,806	2,585
Tangible Book Value Per Share	3.98	4.19	3.47	1.98	0.43
Land	1,048	973.21	729.38	472.09	166.68
Buildings	385.89	414.34	2.63	1.82	0.6
Machinery	25,797	24,391	18,137	12,316	4,946
Construction In Progress	0.01	611.26	456.5	225.47	33.67

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