IST:CRDFA 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	93.85	100.16	40.78	14.27	22.13	52.88
Cash & Short-Term Investments	93.85	100.16	40.78	14.27	22.13	52.88
Cash Growth	104.17%	145.62%	185.68%	-35.51%	-58.15%	1290.25%
Accounts Receivable	2,470	2,082	1,196	752.54	519.1	422.09
Other Receivables	-	17.01	11.23	6.5	6.87	2.02
Receivables	2,470	2,099	1,207	759.05	525.97	424.11
Prepaid Expenses	-	3.14	2.18	1.96	0.88	3.41
Other Current Assets	3.03	7.52	5.81	5.79	5.63	6.29
Total Current Assets	2,567	2,209	1,256	781.07	554.61	486.7
Property, Plant & Equipment	25.63	28.36	13.12	15.24	1.81	2.34
Long-Term Investments	1,313	969.82	167.5	150.29	145.81	95.09
Other Intangible Assets	0.46	0.5	0.63	0.59	0.7	0.03
Long-Term Deferred Tax Assets	7.73	5.43	5.48	2.41	1.46	0.51
Long-Term Deferred Charges	-	0.28	0.49	0.64	0.41	0.22
Other Long-Term Assets	38.84	3.53	9.76	5.63	4.4	1.31
Total Assets	3,953	3,217	1,453	955.86	709.2	586.21
Accounts Payable	-	-	-	-	-	0.04
Accrued Expenses	-	8.46	5.54	3.28	1.54	0.87
Short-Term Debt	2,014	1,663	872.45	546.06	434.83	348.56
Current Income Taxes Payable	32.71	34.8	19.62	15.28	6.24	5.04
Current Unearned Revenue	-	27.44	1.89	0.52	0.09	0.28
Other Current Liabilities	-	3.67	23.49	0.41	-	-
Total Current Liabilities	2,047	1,737	923	565.54	442.71	354.79
Long-Term Leases	7.12	5.92	9.96	6.53	1.72	2.33
Pension & Post-Retirement Benefits	27.57	13.85	11.54	7.25	4.07	1.69
Other Long-Term Liabilities	31.86	-	0.34	0.34	0.41	0.41
Total Liabilities	2,114	1,757	944.84	579.66	448.9	359.22
Common Stock	100	100	100	100	100	80
Retained Earnings	1,594	1,215	298.76	179.38	113.28	103.12
Comprehensive Income & Other	145.76	145.27	109.42	96.82	47.03	43.87
Shareholders' Equity	1,840	1,460	508.18	376.2	260.3	226.99
Total Liabilities & Equity	3,953	3,217	1,453	955.86	709.2	586.21
Total Debt	2,021	1,669	882.41	552.58	436.55	350.89
Net Cash (Debt)	-1,928	-1,569	-841.63	-538.31	-414.42	-298.01
Net Cash Per Share	-	-5.23	-2.81	-1.79	-1.59	-0.99
Filing Date Shares Outstanding	-	300	300	300	330.6	300
Total Common Shares Outstanding	-	300	300	300	330.6	300
Working Capital	520.07	472.14	333.03	215.52	111.91	131.91
Book Value Per Share	-	4.87	1.69	1.25	0.79	0.76
Tangible Book Value	1,839	1,460	507.55	375.61	259.6	226.96
Tangible Book Value Per Share	-	4.87	1.69	1.25	0.79	0.76
Buildings	-	-	-	-	-	0
Machinery	-	37.62	13.16	1.74	2.53	1.8
Leasehold Improvements	-	-	-	-	0.31	0.31

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