IST:CONSE 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	3,449	26.96	117.54	92	48.01
Accounts Receivable	282.1	218.76	181.63	141.64	42.07
Other Receivables	36.85	1.8	24.25	1.22	3.17
Inventory	244.82	244.9	432.84	275.38	72.07
Prepaid Expenses	621.1	38.83	33.1	16.86	9.54
Other Current Assets	61.48	71.85	128.13	110.12	32.33
Total Current Assets	4,696	603.09	917.49	637.23	207.19
Property, Plant & Equipment	4,271	3,231	4,002	2,700	1,030
Other Intangible Assets	54.7	49.42	63.04	49	19.9
Long-Term Investments	-	0.3	1.84	-	-
Long-Term Deferred Tax Assets	215.29	223.85	300.13	0.52	19.66
Other Long-Term Assets	7.16	4.06	5.01	7.08	2.39
Total Assets	9,244	4,112	5,290	3,393	1,279
Accounts Payable	169.3	161.52	135.11	101.71	37.31
Accrued Expenses	30.87	54.56	70.06	40.06	11.11
Short-Term Debt	619.7	824.61	1,134	362.57	186.47
Current Portion of Long-Term Debt	566.54	299.24	358.59	270.88	104.73
Current Unearned Revenue	16.07	0.38	1.64	0.08	4.61
Current Portion of Leases	262.27	192.24	265.07	119.46	59.67
Current Income Taxes Payable	-	9.71	4.88	6.11	1.44
Other Current Liabilities	641.61	1.5	469.9	-	1.07
Total Current Liabilities	2,306	1,544	2,440	900.87	406.41
Long-Term Debt	3,653	391.57	453.92	502.31	288.14
Long-Term Leases	335.37	271.84	251.24	79.53	46.53
Long-Term Unearned Revenue	-	9.33	10.35	6.27	2.37
Pension & Post-Retirement Benefits	22.66	17.95	17.26	11.42	2.32
Long-Term Deferred Tax Liabilities	52.81	47.21	253.67	279.95	56.07
Other Long-Term Liabilities	-	4.09	17.93	22.94	21.32
Total Liabilities	6,370	2,286	3,444	1,803	823.18
Common Stock	771	771	385.5	385.5	333
Additional Paid-In Capital	581.86	444.53	440.27	304.94	-
Retained Earnings	920.83	184.81	33.11	-186.5	-61.59
Comprehensive Income & Other	31.55	426.03	986.62	1,086	184.48
Total Common Equity	2,305	1,826	1,846	1,590	455.89
Minority Interest	568.26	-	-	-	-
Shareholders' Equity	2,874	1,826	1,846	1,590	455.89
Total Liabilities & Equity	9,244	4,112	5,290	3,393	1,279
Total Debt	5,437	1,979	2,463	1,335	685.54
Net Cash (Debt)	-1,987	-1,953	-2,346	-1,243	-637.53
Net Cash Per Share	-	-2.53	-6.08	-3.22	-3.07
Filing Date Shares Outstanding	-	771	385.5	385.5	207.6
Total Common Shares Outstanding	-	771	385.5	385.5	207.6
Working Capital	2,389	-940.67	-1,522	-263.64	-199.22
Book Value Per Share	-	2.37	4.79	4.12	2.20
Tangible Book Value	2,251	1,777	1,782	1,541	436
Tangible Book Value Per Share	-	2.30	4.62	4.00	2.10
Land	-	90.1	104.76	74.22	29.27
Buildings	-	186.5	303.86	215.27	93.12
Machinery	-	4,018	4,609	3,044	1,075
Construction In Progress	-	117	202.85	79.24	2.43

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.