IST:CUSAN 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	310.72	481.8	268.3	148.86	64.99
Short-Term Investments	1.97	-	-	-	-
Trading Asset Securities	-	0.52	0.34	0.09	-
Cash & Short-Term Investments	312.69	482.31	268.64	148.96	64.99
Cash Growth	-35.17%	79.54%	80.35%	129.20%	92.27%
Accounts Receivable	770.5	829.97	998.2	1,073	262.73
Other Receivables	60.55	8.43	4.41	8.95	3.9
Receivables	831.05	838.4	1,003	1,082	266.63
Inventory	608.84	989.71	1,124	1,009	308.39
Prepaid Expenses	151.54	25.89	19.81	12.47	1.16
Other Current Assets	57.53	82.7	88.96	109.76	49.48
Total Current Assets	1,962	2,419	2,504	2,362	690.65
Property, Plant & Equipment	3,387	1,688	718.53	564.22	109.8
Other Intangible Assets	112.04	7.32	11.41	9.72	1.34
Long-Term Deferred Tax Assets	-	11.03	31.53	-	-
Long-Term Deferred Charges	-	48.14	22.08	5.86	-
Other Long-Term Assets	45.49	79.86	88.18	75.39	20.15
Total Assets	5,506	4,253	3,376	3,017	821.94
Accounts Payable	352.22	156.28	219.34	253.21	117.04
Accrued Expenses	59.16	67.51	54.05	40.85	12.34
Short-Term Debt	1,425	493.98	417.97	1,079	143.68
Current Portion of Long-Term Debt	209.73	149.97	153.53	-	-
Current Portion of Leases	-	23.14	4.13	4.72	1.32
Current Income Taxes Payable	-	-	16.99	16.39	8.74
Current Unearned Revenue	713.55	858.4	1,201	323.12	198.07
Other Current Liabilities	340.8	119.62	29.85	13.53	4.58
Total Current Liabilities	3,100	1,869	2,097	1,731	485.78
Long-Term Debt	1,675	949.13	128.94	-	-
Long-Term Leases	-	-	3.31	6.8	12.93
Pension & Post-Retirement Benefits	47	54.76	25.35	30.49	7.87
Long-Term Deferred Tax Liabilities	21.43	-	-	123.36	14.29
Other Long-Term Liabilities	-	528.79	-	-	-
Total Liabilities	4,844	3,402	2,254	1,892	520.87
Common Stock	71.25	71.25	71.25	71.25	71.25
Additional Paid-In Capital	85.15	65.05	65.05	45.06	6.65
Retained Earnings	-614.84	-15.71	172.29	349.11	172.45
Treasury Stock	-6.12	-21.71	-26.04	-9.48	-
Comprehensive Income & Other	1,198	858.16	884.71	599.55	25.82
Total Common Equity	733.51	957.04	1,167	1,055	276.17
Minority Interest	-71.15	-105.18	-45.58	69.87	24.9
Shareholders' Equity	662.36	851.86	1,122	1,125	301.07
Total Liabilities & Equity	5,506	4,253	3,376	3,017	821.94
Total Debt	3,309	1,616	707.88	1,091	157.93
Net Cash (Debt)	-2,997	-1,134	-439.24	-941.63	-92.94
Net Cash Per Share	-	-15.91	-6.16	-13.22	-1.30
Filing Date Shares Outstanding	-	71.25	71.25	70.85	71.25
Total Common Shares Outstanding	-	71.25	71.25	70.85	71.25
Working Capital	-1,139	550.11	407.55	630.82	204.88
Book Value Per Share	-	13.43	16.38	14.90	3.88
Tangible Book Value	621.47	949.72	1,156	1,046	274.83
Tangible Book Value Per Share	-	13.33	16.22	14.76	3.86
Land	-	958.5	284.17	196.82	27.65
Buildings	-	82.78	82.78	57.33	10.05
Machinery	-	1,482	1,458	1,022	109.21
Construction In Progress	-	340.53	11.01	18.94	4.02
Leasehold Improvements	-	204.68	200.43	131.38	20.1

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