IST:CATES 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	1,201	527.61	1,651	40.95	4.34
Short-Term Investments	0.21	0.18	-	-	-
Accounts Receivable	1,427	920.44	1,063	908.49	75.48
Other Receivables	68.62	43.8	4.54	61.79	0.38
Inventory	236.43	766.08	332.67	317.38	44.17
Prepaid Expenses	-	-	-	17.19	3.75
Restricted Cash	-	-	41.13	35.12	24.02
Loans Receivable Current	-	-	-	-	8.67
Other Current Assets	25.22	9.52	45.39	0.13	6.11
Total Current Assets	2,958	2,268	3,138	1,381	166.92
Property, Plant & Equipment	11,411	9,405	12,502	10,371	3,638
Other Intangible Assets	601.59	617.81	484.64	344.9	47.23
Other Long-Term Assets	9.83	9.45	8.26	210.11	0.74
Total Assets	14,980	12,300	16,133	12,307	3,853
Accounts Payable	225.55	230.06	606.44	425.07	86.18
Accrued Expenses	114.54	124.53	68.87	37.99	12.27
Short-Term Debt	0.67	0.75	0.43	0.35	35.15
Current Portion of Long-Term Debt	-	-	1,760	9.93	44.13
Current Unearned Revenue	-	-	-	-	0.06
Current Portion of Leases	11.52	22.02	11.27	8.32	2.78
Current Income Taxes Payable	-	6.24	65.95	-	-
Other Current Liabilities	42.72	7.79	365.95	39.99	10.29
Total Current Liabilities	394.99	391.37	2,879	521.64	190.86
Long-Term Debt	-	-	-	3,800	2,223
Long-Term Leases	83.47	86.37	61.16	27.39	13.81
Pension & Post-Retirement Benefits	88.43	66.56	29.98	26.19	8.99
Long-Term Deferred Tax Liabilities	1,654	771.16	1,493	1,988	526.51
Total Liabilities	2,220	1,315	4,463	6,363	2,963
Common Stock	165.2	165.2	165.2	85.44	48
Additional Paid-In Capital	4,844	4,844	3,523	1,290	279.88
Retained Earnings	6,953	5,165	7,375	3,542	-1,927
Treasury Stock	-5.16	-7.81	-	-	-
Comprehensive Income & Other	802.49	818.49	606.32	1,027	2,489
Shareholders' Equity	12,759	10,985	11,670	5,944	889.92
Total Liabilities & Equity	14,980	12,300	16,133	12,307	3,853
Total Debt	95.65	109.14	1,832	3,846	2,319
Net Cash (Debt)	1,105	418.66	-181.05	-3,805	-2,315
Net Cash Growth	164.00%	-	-	-	-
Net Cash Per Share	6.70	2.54	-1.31	-47.87	-48.22
Filing Date Shares Outstanding	165.04	165.2	165.2	140.41	48
Total Common Shares Outstanding	165.04	165.2	165.2	85.44	48
Working Capital	2,563	1,876	259.49	859.4	-23.94
Book Value Per Share	77.31	66.49	70.64	69.57	18.54
Tangible Book Value	12,158	10,367	11,185	5,599	842.69
Tangible Book Value Per Share	73.66	62.75	67.71	65.53	17.56
Machinery	24,930	17,428	-	17,339	5,773
Construction In Progress	0.44	-	136.13	56.03	20.92

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