Çelebi Hava Servisi A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,471	3,772	4,361	3,377	1,929	1,094
Short-Term Investments	588.53	39.14	525.66	274.4	57.1	14.08
Cash & Short-Term Investments	5,059	3,811	4,887	3,652	1,986	1,108
Cash Growth	-16.08%	-22.01%	33.82%	83.86%	79.24%	93.77%
Accounts Receivable	1,811	2,106	1,991	1,348	561.67	380.69
Other Receivables	1,661	635.76	625.41	424.53	388.82	269.78
Receivables	3,472	2,742	2,617	1,772	950.49	650.47
Inventory	212.11	229.82	154.22	136.39	64.67	40.82
Prepaid Expenses	432.85	449.81	389.27	258.89	95.2	31.68
Restricted Cash	-	503.77	-	109.34	60.76	49.13
Other Current Assets	1,188	2,297	281.41	178.05	35.72	49.61
Total Current Assets	10,365	10,033	8,328	6,106	3,193	1,930
Property, Plant & Equipment	9,967	9,971	6,014	4,800	2,757	1,938
Long-Term Investments	32.67	0.04	31.14	26.03	19.51	20.39
Goodwill	1,467	1,214	354.03	211.44	124.3	119.96
Other Intangible Assets	9.52	128.23	1,664	1,526	968.9	701.3
Long-Term Deferred Tax Assets	232.46	273.27	817.95	641.95	340.34	256.17
Other Long-Term Assets	2,919	2,835	2,380	1,947	647.31	498.84
Total Assets	24,991	24,454	19,589	15,259	8,051	5,465
Accounts Payable	1,738	1,187	1,472	661.31	293.3	265.14
Accrued Expenses	1,221	1,960	1,251	1,025	563.64	246.3
Short-Term Debt	692.02	239.1	1,003	1,075	-	170.1
Current Portion of Long-Term Debt	2,482	2,319	678.43	650.48	692.17	674
Current Portion of Leases	927.16	888.01	659.63	625.03	317.67	199.08
Current Income Taxes Payable	398.92	297.58	537.45	327.13	-	49.92
Current Unearned Revenue	280.36	151.69	142.11	125.73	94.59	53.57
Other Current Liabilities	481.88	301.4	606.96	363.12	130.2	31.44
Total Current Liabilities	8,221	7,345	6,350	4,853	2,140	1,690
Long-Term Debt	3,363	3,591	1,703	1,463	498.45	634.36
Long-Term Leases	3,583	3,670	2,437	2,387	1,501	1,063
Long-Term Unearned Revenue	-	-	-	7.62	15.27	2.08
Pension & Post-Retirement Benefits	438.98	437.91	385.22	311	143.1	45.88
Long-Term Deferred Tax Liabilities	202.91	11.07	337.11	433.86	122.14	85.46
Other Long-Term Liabilities	6.96	3.48	700.97	587.93	379.07	274.52
Total Liabilities	15,817	15,059	11,913	10,044	4,799	3,795
Common Stock	24.3	24.3	24.3	24.3	24.3	24.3
Retained Earnings	4,290	4,283	4,207	2,182	1,546	630.32
Comprehensive Income & Other	3,849	4,084	2,913	2,429	1,222	699.3
Total Common Equity	8,164	8,392	7,145	4,636	2,792	1,354
Minority Interest	1,011	1,003	531.1	579.03	459.47	315.92
Shareholders' Equity	9,175	9,395	7,676	5,215	3,252	1,670
Total Liabilities & Equity	24,991	24,454	19,589	15,259	8,051	5,465
Total Debt	11,048	10,708	6,481	6,202	3,009	2,741
Net Cash (Debt)	-5,988	-6,897	-1,594	-2,550	-1,023	-1,633
Net Cash Per Share	-	-283.83	-65.59	-104.94	-42.11	-67.19
Filing Date Shares Outstanding	-	24.3	24.3	24.3	24.3	24.3
Total Common Shares Outstanding	-	24.3	24.3	24.3	24.3	24.3
Working Capital	2,143	2,688	1,978	1,253	1,053	240.2
Book Value Per Share	-	345.35	294.02	190.78	114.92	55.72
Tangible Book Value	6,687	7,050	5,127	2,899	1,699	532.66
Tangible Book Value Per Share	-	290.13	210.98	119.29	69.93	21.92
Buildings	-	693.04	-	-	-	-
Machinery	-	6,885	5,349	3,660	1,974	1,385
Construction In Progress	-	714.13	179.16	111.62	120.83	61.42
Leasehold Improvements	-	1,680	1,191	926.94	522.33	380.34

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