IST:CMENT 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	3,932	3,210	2,132	436.25	89.91
Cash & Short-Term Investments	3,932	3,210	2,132	436.25	89.91
Cash Growth	22.48%	50.61%	388.60%	385.22%	12.04%
Accounts Receivable	3,525	3,596	2,508	1,486	473.33
Other Receivables	506.12	684.46	55.32	55.93	22.34
Receivables	4,032	4,281	2,563	1,542	495.67
Inventory	1,351	1,770	1,524	1,040	273.74
Prepaid Expenses	46.63	40.34	42.02	26.52	8.32
Other Current Assets	514.55	204.13	146.33	66.43	9.26
Total Current Assets	9,875	9,505	6,407	3,111	876.89
Property, Plant & Equipment	7,449	7,502	5,599	4,008	587.77
Goodwill	4,806	4,806	3,672	2,543	222.91
Other Intangible Assets	395.15	416.67	321.27	230.19	65.62
Long-Term Deferred Tax Assets	131.56	59.29	247.95	11.72	56.67
Other Long-Term Assets	5,351	4,989	3,316	2,338	726.77
Total Assets	28,009	27,279	19,564	12,243	2,537
Accounts Payable	3,287	3,103	2,406	1,707	599.81
Accrued Expenses	783.27	799.93	258.98	106.66	45.56
Short-Term Debt	-	-	-	397.77	227.66
Current Portion of Leases	149.42	219.24	79.62	74.34	18.59
Current Income Taxes Payable	522.06	251.77	187.99	1.75	2.67
Current Unearned Revenue	111.93	323.09	214.91	131.47	24.55
Other Current Liabilities	146.49	296.4	221.21	163.56	27.24
Total Current Liabilities	5,000	4,994	3,369	2,582	946.08
Long-Term Leases	117.79	45.36	43.55	17.53	14.98
Long-Term Unearned Revenue	-	0.07	0.52	1.11	0.48
Pension & Post-Retirement Benefits	80.94	108.54	37.53	134.69	28.01
Long-Term Deferred Tax Liabilities	2,381	2,111	1,362	814.77	66.29
Other Long-Term Liabilities	116.44	126.95	94.4	148.17	57.88
Total Liabilities	7,697	7,385	4,907	3,699	1,114
Common Stock	87.11	87.11	87.11	87.11	87.11
Additional Paid-In Capital	4,598	4,598	3,512	2,506	254.35
Retained Earnings	10,798	7,536	5,577	3,135	713.69
Treasury Stock	-21.52	-81.34	-62.14	-43.04	-3.38
Comprehensive Income & Other	365.97	2,399	1,851	1,285	101.2
Total Common Equity	15,827	14,539	10,965	6,970	1,153
Minority Interest	4,485	5,355	3,692	1,575	269.95
Shareholders' Equity	20,312	19,893	14,657	8,544	1,423
Total Liabilities & Equity	28,009	27,279	19,564	12,243	2,537
Total Debt	267.22	264.6	123.17	489.63	261.22
Net Cash (Debt)	3,665	2,946	2,008	-53.38	-171.32
Net Cash Growth	24.41%	46.67%	-	-	-
Net Cash Per Share	42.32	34.02	23.19	-0.62	-1.98
Filing Date Shares Outstanding	86.59	86.59	86.59	86.59	86.59
Total Common Shares Outstanding	86.59	86.59	86.59	86.59	86.59
Working Capital	4,875	4,511	3,038	528.74	-69.18
Book Value Per Share	182.78	167.90	126.63	80.49	13.31
Tangible Book Value	10,626	9,316	6,972	4,196	864.44
Tangible Book Value Per Share	122.71	107.58	80.52	48.46	9.98
Land	2,430	2,459	1,791	1,227	84.81
Buildings	3,303	4,280	3,239	2,273	183.59
Machinery	24,576	27,515	20,504	14,353	1,308
Construction In Progress	413.33	154.06	350.4	41.05	16.21
Leasehold Improvements	234.84	228.88	152.95	104.19	12.91

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