IST:CATES 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	Mar '25 Mar 31, 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	382.34	398.94	1,651	40.95	4.34	82.06
Short-Term Investments	36.15	0.14	-	-	-	-
Accounts Receivable	915.73	703.21	1,063	908.49	75.48	58.64
Other Receivables	0.01	0	4.54	61.79	0.38	0.27
Inventory	572.96	585.28	332.67	317.38	44.17	24.92
Prepaid Expenses	-	-	-	17.19	3.75	0.26
Restricted Cash	-	37.61	41.13	35.12	24.02	4.22
Loans Receivable Current	-	-	-	-	8.67	19.54
Other Current Assets	51.65	7.27	45.39	0.13	6.11	0.06
Total Current Assets	1,959	1,732	3,138	1,381	166.92	189.97
Property, Plant & Equipment	7,764	7,186	12,502	10,371	3,638	517.16
Other Intangible Assets	516.03	472	484.64	344.9	47.23	48.36
Long-Term Investments	-	-	-	-	-	0.1
Other Long-Term Assets	6.48	7.22	8.26	210.11	0.74	1.45
Total Assets	10,245	9,397	16,133	12,307	3,853	757.05
Accounts Payable	237.78	175.76	606.44	425.07	86.18	70.31
Accrued Expenses	66.66	95.14	68.87	37.99	12.27	8.13
Short-Term Debt	-	0.57	0.43	0.35	35.15	289.36
Current Portion of Long-Term Debt	-	-	1,760	9.93	44.13	2,001
Current Unearned Revenue	-	-	-	-	0.06	0.02
Current Portion of Leases	20.31	16.82	11.27	8.32	2.78	2.55
Current Income Taxes Payable	-	4.77	65.95	-	-	-
Other Current Liabilities	15.16	5.95	365.95	39.99	10.29	12.33
Total Current Liabilities	339.92	299	2,879	521.64	190.86	2,384
Long-Term Debt	-	-	-	3,800	2,223	116.55
Long-Term Leases	60.05	65.99	61.16	27.39	13.81	8.21
Pension & Post-Retirement Benefits	59.17	50.85	29.98	26.19	8.99	6.62
Long-Term Deferred Tax Liabilities	791.4	589.16	1,493	1,988	526.51	-
Total Liabilities	1,251	1,005	4,463	6,363	2,963	2,515
Common Stock	165.2	165.2	165.2	85.44	48	48
Additional Paid-In Capital	4,073	3,701	3,523	1,290	279.88	-
Retained Earnings	4,077	3,946	7,375	3,542	-1,927	-1,806
Treasury Stock	-4.56	-5.97	-	-	-	-
Comprehensive Income & Other	683.85	586.33	606.32	1,027	2,489	0.26
Shareholders' Equity	8,995	8,392	11,670	5,944	889.92	-1,758
Total Liabilities & Equity	10,245	9,397	16,133	12,307	3,853	757.05
Total Debt	80.37	83.38	1,832	3,846	2,319	2,418
Net Cash (Debt)	338.12	315.7	-181.05	-3,805	-2,315	-2,335
Net Cash Per Share	2.05	1.91	-1.31	-47.87	-48.22	-48.66
Filing Date Shares Outstanding	165.2	165.2	165.2	140.41	48	48
Total Common Shares Outstanding	165.2	165.2	165.2	85.44	48	48
Working Capital	1,619	1,433	259.49	859.4	-23.94	-2,194
Book Value Per Share	54.45	50.80	70.64	69.57	18.54	-36.62
Tangible Book Value	8,479	7,920	11,185	5,599	842.69	-1,806
Tangible Book Value Per Share	51.32	47.94	67.71	65.53	17.56	-37.63
Machinery	-	-	-	17,339	5,773	767.92
Construction In Progress	-	-	136.13	56.03	20.92	4.94

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