Çan2 Termik A.S. 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	646.7	157.37	161.99	345.12	23.55	1.2
Accounts Receivable	751.85	1,867	3,211	1,508	155.2	118.13
Other Receivables	691.17	1,515	613.34	555.9	105.53	45.55
Inventory	2,400	1,608	1,824	981.83	222.08	127.86
Prepaid Expenses	15.28	51.52	63.69	40.56	9.54	3.35
Other Current Assets	366.8	142.83	249.78	136.29	25.61	24.9
Total Current Assets	4,872	5,341	6,124	3,567	541.51	320.99
Property, Plant & Equipment	22,708	17,244	17,145	11,990	4,925	2,178
Other Intangible Assets	78.45	46.8	40.86	16.6	30.71	33.58
Long-Term Deferred Tax Assets	373.01	1,300	2,033	1,329	-	142.74
Long-Term Deferred Charges	705.83	572.22	181.03	106.09	-	-
Long-Term Accounts Receivable	1,753	1,266	-	-	-	-
Other Long-Term Assets	73.2	60.84	122.53	80.71	55.96	80.66
Total Assets	30,564	25,831	25,646	17,089	5,553	2,756
Accounts Payable	897.31	966.79	693.74	383.17	204.27	184.62
Accrued Expenses	202.07	240.37	321.5	853.29	64.25	33.99
Short-Term Debt	311.89	2.72	11.28	1.43	84.75	50.74
Current Portion of Long-Term Debt	62.46	55.64	9.73	484.13	543.25	280.05
Current Unearned Revenue	-	1,694	-	9.28	61.1	7.35
Current Portion of Leases	21.23	7.11	6.61	1.42	0.42	-
Current Income Taxes Payable	-	-	0.17	46.9	-	0.49
Other Current Liabilities	178.04	227.86	136.3	264.98	123.93	100.66
Total Current Liabilities	1,673	3,195	1,179	2,045	1,082	657.9
Long-Term Debt	17.38	11.6	-	3,182	1,671	1,296
Long-Term Leases	1.22	4.87	3.12	0.97	1.14	-
Pension & Post-Retirement Benefits	15.88	8.99	9.47	5.12	1.32	0.82
Long-Term Deferred Tax Liabilities	46.19	25.4	57.2	29.49	175.08	2
Other Long-Term Liabilities	27.79	41.06	101.04	3.9	7.43	6.66
Total Liabilities	4,085	3,287	1,350	5,266	2,937	1,964
Common Stock	7,000	7,000	938.12	320	320	252.41
Additional Paid-In Capital	381.9	304.48	4,561	647.36	185.33	-
Retained Earnings	12,870	12,642	16,111	10,995	-293.75	-112.79
Comprehensive Income & Other	6,145	2,528	2,687	-139.71	2,404	652.83
Total Common Equity	26,397	22,474	24,296	11,823	2,616	792.46
Minority Interest	82.22	69.8	-	-	-	-
Shareholders' Equity	26,479	22,544	24,296	11,823	2,616	792.46
Total Liabilities & Equity	30,564	25,831	25,646	17,089	5,553	2,756
Total Debt	414.18	81.94	30.72	3,670	2,300	1,627
Net Cash (Debt)	232.51	75.43	131.27	-3,325	-2,277	-1,626
Net Cash Growth	-	-42.53%	-	-	-	-
Net Cash Per Share	0.03	0.02	0.02	-0.56	-0.41	-0.32
Filing Date Shares Outstanding	7,000	7,000	7,000	5,969	5,969	5,969
Total Common Shares Outstanding	7,000	7,000	7,000	5,969	5,969	4,709
Working Capital	3,199	2,147	4,945	1,523	-540.47	-336.9
Book Value Per Share	3.77	3.21	3.47	1.98	0.44	0.17
Tangible Book Value	26,319	22,428	24,255	11,806	2,585	758.88
Tangible Book Value Per Share	3.76	3.20	3.47	1.98	0.43	0.16
Land	973.57	743.52	729.38	472.09	166.68	54.76
Buildings	372.62	316.55	2.63	1.82	0.6	0.32
Machinery	25,723	18,635	18,137	12,316	4,946	2,272
Construction In Progress	-	467	456.5	225.47	33.67	13.75

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